## **LOW CARBON OXFORD NORTH ANNUAL REPORT AND FINANCIAL STATEMENTS 2023** 

_**1 January to 31 December 2023**_ 

1 



## Table of Contents 

Reference and Administrative Details ..................................................................................... 3 Trustees’ Report .................................................................................................................... 4 Introduction ...................................................................................................................... 4 Structure, governance and management ......................................................................... 4 Trustees’ responsibilities ................................................................................................ 4 Objectives ..................................................................................................................... 5 People ........................................................................................................................... 5 Achievements and performance in 2023 ............................................................................. 6 Our strategy ................................................................................................................... 6 Home energy ................................................................................................................. 6 Greener travel ................................................................................................................ 8 Community .................................................................................................................... 9 Fundraising .................................................................................................................. 10 Small company provisions ............................................................................................ 10 Financial Report .............................................................................................................. 11 Examiners Report ......................................................................................................... 11 Statement of Financial Activities ................................................................................... 12 Balance Sheet .............................................................................................................. 13 Notes to the Financial Statements ................................................................................ 14 

2 



## Reference and Administrative Details 

Charity name Low Carbon Oxford North Charity registration number 1142169 Company registration number 07542380 Principal oVice 33 Beechcroft Road, Oxford, OX2 7AY Registered oVice 33 Beechcroft Road, Oxford, OX2 7AY Secretary M Simon (resigned 29[th] December 2023) Bankers Triodos Bank, Deanery Road, Bristol, BS1 5AS Trustees (During 2023) B M Boardman J Grindey C Newson M Simon 

R Nestor (resigned 12[th] December 2023) S Edwards (resigned 5[th] July 2023) T Leonard (resigned 5[th] July 2023) R Aicheson (resigned 16[th] September 2023) A Evans (appointed 5[th] July 2023) G Hargreaves (appointed 11[th] July 2023) T Weiss (appointed 3[rd] October 2023) K Polgreen (appointed 24th November 2023) F Crosse (appointed 24th November 2023) 

3 



## Trustees’ Report 

## Introduction 

The Trustees, who are also Directors of the Charity for the purposes of the Companies Act, submit their annual report and financial statements for the year ended 31 December 2023. The financial statements have been prepared in accordance with the accounting policies set out on pages 1619. An independent examination of the financial statements is currently underway as agreed at the last AGM. 

The Charity is a charitable company limited by guarantee and was set up on 31 May 2011. 

## Structure, governance and management 

The Charity was established on 31 May 2011 and assumed the assets and liabilities of the original company of the same name which was incorporated on 24 February 2011. The Charity is governed by a memorandum and articles of association which set out the powers and responsibilities of the Trustees in fulfilling the Charity’s objectives. 

The Trustees when complete consist of at least four and not more than ten individuals. One third of the elected Trustees must retire at each AGM, with those longest in oVice retiring first. In addition, up to 3 trustees can be appointed by the elected trustees and trustees can also be coopted until the following AGM. New Trustees spend time with the existing Trustees to ensure they understand their responsibilities and the legal and financial framework in which the Charity operates. For reference all Trustees are issued with the Charity Commission’s publication ‘The Essential Trustee: What you need to know’. 

Trustees oversee the Charity and provide direct governance over all LCON projects. Trustees plus volunteers directly manage all LCON projects. Some projects have short term contracted managers or administrators. When funds permit, LCON retains a freelance project manager to support communications, projects and meetings. 

## Trustees’ responsibilities 

accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). Law applicable to Charities in England & Wales requires the Trustees to prepare financial statements for each financial period which give a true and fair view of the Charity’s financial activities during the period and of its financial position at the end of the period. In preparing these financial statements, the Trustees are required to: 

- Select suitable accounting policies and then apply them consistently 

- Observe the methods and principles in the Charities SORP 

- Make judgements and estimates that are reasonable and prudent 

- State whether applicable UK accounting standards and statements of recommended practice have been followed, subject to any material departures disclosed and explained 

- presume that the Charity will continue in operation 

4 



The Trustees are responsible for keeping accounting records that disclose with reasonable accuracy the financial position of the Charity and which enable them to ensure that the financial statements comply with the Trust Deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. 

## Objectives 

The stated objects of Low Carbon Oxford North are to conserve, improve and protect the physical natural environment for the public benefit by promoting: the prudent use and sharing of resources; the reduction of waste through re-use reclamation, recycling, use of recycled products and use of surplus; the reduction in the consumption of fossil based fuels; the use of low carbon means of transport; the reduction of carbon emissions from the growing, transporting, purchasing and preparing of food; with the aim of reducing the carbon footprint of North Oxford by 80% by the year 2050. 

In addition, its objects are to advance the education of the public in the protection, enhancement and rehabilitation of the environment and to promote the study and research in such subjects and dissemination of the results of such research and study to the public. 

Our mission is to help the residents of North Oxford to reduce their carbon emissions. 

## People 

LCON has been a successful charity since 2011 because of the amazing people who have put in hours and hours of unpaid work to do their bit under LCON’s umbrella to protect our futures. These include the hardworking trustees and all the amazing community volunteers. 

We had a large turnover of trustees in 2023. Those who resigned did so having contributed hugely and each of them were looking to now apply their energies elsewhere, and are all still supporting LCON in various ways. We all owe them a huge debt of gratitude for what they have done for their community, our kids’ futures, and the planet. 

Special mention must go to Rebecca Nestor who has nurtured and driven so much of what has happened up to and including 2023. Her eVorts on fundraising in particular have put LCON onto a strong footing and enabled the new trustees to move forward with their projects. 

The outgoing group gave a fantastic handover to a batch of new trustees who have injected additional energy into LCON’s mission and projects, and initiated some new projects which we will report on for 2024. 

LCON has thrived particularly because we have a pool of fantastic contractors to call upon who bring so much to the organisation. 

Many people want to support LCON but don’t have time to get involved. Those who donate, who read the newsletter, who pass on information to friends and family, all play a vital role in supporting LCON’s purpose. The involvement of all the supporters in this way keeps the trustees buoyant and enables us to continue our work with LCON. 

5 



## Achievements and performance in 2023 

## Our strategy 

In November 2022 we agreed priorities for 2023 and 2024. These relate to home energy and retrofit; greener travel; and building community. The report below covers each of these three areas. 

## Home energy 

## _Objectives_ 

_To substantially reduce carbon emissions by 2030 through:_ 

- _greatly increasing the energy-e<iciency of homes_ 

- _changing behaviour to use less energy_ 

- _supporting and encouraging more opportunities for downsizing and making more e<icient use of space_ 

## _Housewarming_ 

Following a successful fundraise (thank you to all who contributed), we launched the Housewarming programme in June 2022. Since then: 

## **Our Housewarming Guides** 

- We have published our seven Housewarming Guides, each of which provides independent, expert, advice and guidance around one of the core retrofit areas. Written for homeowners, they describe principles and give examples which are designed to help homeowners to make more informed plans for upgrading their own homes. They also  provide a base level of knowledge to enable better questions in discussion with contractors. They are available to download free of charge from our website. https://lcon.org.uk/energy/housewarming/). 

- Oxfordshire County Council have distributed hard copy versions for each of the 44 libraries in Oxfordshire. 

- The Share Oxford Library of Things has a set of Guides they oVer out with their thermal imaging cameras 

- Over 50 hard copy sets of the guides have been distributed to low carbon groups across Oxfordshire (mainly through the Low Carbon Hub).  We have also given permission for other groups outside Oxfordshire to use the Guides - for example Milton Keynes Community Energy. We have fielded individual questions from people as far away as Edinburgh to Guildford. 

- Since our launch, the LCON Housewarming page has been visited 1902 times, the Guides have been downloaded 881 times. 

## **Our Housewarming Group series** 

- We have run two group series, where we have used the Guides to provide interactive group sessions in each of the retrofit areas. The group dynamics mean that we can present the 

6 



mean that the group members themselves can interact and provide information between them. Since June 2022 73 people have attended our group sessions. We know anecdotally that many of them have gone on to retrofit their homes and we will be running a research exercise later this year to assess our overall impact so far. 

- 

   - Our third series will begin in January 2025. 

- This year we will be adding two drop-in exhibition events to the series. These will include a retrofit surgery with our expert Tony DuVin, who wrote the guides. They will also be attended by the Abingdon and Witney College Net Zero Skills Hub team, to highlight training courses available in the emerging green sector. 

- 

- Comments have included: 

_“Thank you, it was really interesting and informative. I feel much more prepared for making decisions and prioritising what and how I change to become more energy e<icient.”_ 

_“Thank you. It has been incredibly empowering. I have enjoyed meeting many team members and participants and the sense of shared purpose.”_ 

_“Thanks very much for running this course. It has given me the incentive and support to get on with something that I have meant to do for a long time.”_ 

## _Energy Saving Homes_ 

Communities for Zero Carbon Oxford (CZCO), a pan-Oxford collective of Community Action Groups (CAGs) of which LCON is an active member, was funded for a second year with a grant from Low Carbon Hub to run two Energy Saving Homes events in 2023: 

- Energy Saving Homes during Oxford Open Doors; 17 homes held open home events at various times during the second weekend in September in partnership with Oxford Preservation Trust’s popular Oxford Open Doors programme. Homes were open to the public to showcase a variety of large and small energy saving measures, such as wall, loft or floor insulation, air source heat pumps, solar panels, energy storage, double/triple glazing, mechanical ventilation and other improvements. Online and in person visits were again available, with the aim to have an ‘Energy Saving Home in your neighbourhood’ so that most Oxford residents were within walking distance of an open home. [The report to the Low Carbon Hub gave numbers and info on immediate impact - worth adding??] 

- October, November and December with similar goals to the Open Doors events. 

A professional project coordinator again managed and promoted the events, including promotion of the seven ‘Bite-Size Films’, short films on diVerent eco-renovation strategies made by Eleanor Watts (director) and Benedict Robbins (filmmaker) with the participation of Oxford residents in 2022. 

We are again very grateful to all those who made Energy Saving Homes possible, particularly homeowners who generously opened their homes in the hope of inspiring others on their journeys to creating their own sustainable future-proofed homes. 

7 



Preservation Trust for the excellent Oxford Open Doors programme which provides a highly complementary platform on which to run Energy Saving Homes. 

Energy Saving Homes will again be in action in 2024, managed on a more voluntary basis by LCON and other CZCO members, and focused mostly on the Oxford Open Doors weekend. It is hoped that the excellent database of homes and goodwill built up over the last three years might also be harnessed to inspire Oxford homeowners in conjunction with other programs run by LCON such as Housewarming. 

## Greener travel 

## _Objectives_ 

_To substantially reduce carbon emissions by 2030 through:_ 

- _highlighting where bus services need improving_ 

- _displacing car journeys with cycling and walking_ 

- _reducing long-distance fossil fuel miles_ 

## _Oxon4Buses (O4B)_ 

of the _Build back better with buses_ report they produced in September 2021, after surveying North Oxford residents. They established O4B to represent the interests of bus users in Oxfordshire and held the first meeting in November 2022. O4B initially comprised the representatives of 18 diVerent groups of bus users (it has grown since) and the collective began to agree the group’s priorities. For instance, O4B is concerned that two-thirds of the bus stops in the county have no form of shelter. It is also strongly supporting the continued use of cash to pay for fares, whether before the journey starts or on the bus. 

A major reason for establishing O4B was the opportunity to provide representatives of bus users to two of the Enhanced Partnership working groups set up by the County Council and the bus companies. These working groups started in January 2023 and during the year, O4B provided inputs, for instance through undertaking a critique of the facilities at the various Park & Ride site around Oxford. The meeting also enabled O4B to present the passenger viewpoint on the projects which the Enhanced Partnership developed to improve services and increase bus usage. 

LCON supports O4B, by incorporating their activities into the LCON website and providing a small budget. 

## _Coalition for Healthy Streets and Active Travel (CoHSAT)_ 

LCON continues to be an active member of CoHSAT, in order to focus on better provision for people walking and cycling. 

8 



## _Safe school streets_ 

In March 2023 LCON secured a small grant (£500) from the Low Carbon Hub to gather and disseminate information on the benefits of, and opportunities for, active travel to and from north Oxford private schools, working alongside local residents, the city and county councils, local advocacy groups, and schools. LCON carried out research on existing school street schemes; and contributed to meetings of the local community stakeholder group (residents, councillors, school travel reps, advocacy and community groups), supporting information exchange between councillors and stakeholders. Building on this process, it developed plans for a special edition newsletter on local transport issues and a leaflet on air pollution and transport in Oxford, to be published and distributed in early 2024 

## _Oxford Car Free Challenge_ 

In 2023 we raised £20,000 to enable a new project, the Oxford Car-Free Challenge, to be developed in partnership with the national climate action group **Possible** and the **Centre for Climate Change and Social Transformation (CAST)** at CardiV University with a view to running the Challenge in early 2024. We started work on the Car Free Challenge in November 2023, when we contracted two project oVicers to support participants in trying alternative travel. 

## Community 

## _Objectives_ 

_To substantially reduce carbon emissions by 2030 through:_ 

- _creating an attractive healthy environment that supports biodiversity and improves resilience, including ambitious and appropriate tree planting in woodland and gardens_ 

- _building residents’ personal connection to our locality and its distinctive characteristics_ 

- _supporting residents in processing thoughts and feelings on the climate emergency, including climate anxiety_ 

## _Climate Cafes_ 

LCON Chair (until December 2023), Rebecca Nestor, continued to lead Climate Cafes, simple hospitable spaces where people can discuss their responses to the climate crisis without pressure or judgement. In 2022-23 the team of facilitators expanded, thanks to interest and support from members of the Climate Psychology Alliance and Extinction Rebellion in Oxfordshire. The team now has a separate Facebook page. It is oVering support for those wishing to run climate cafes around the county and beyond, for example in Reading, Wallingford and Abingdon; and in late 2023 a series of workshops on climate emotions began at the Old Fire Station.  Thanks to the generosity of the North Wall Arts Centre, and Common Ground, Little Clarendon Street, LCON’s own climate cafes continue to run monthly, alternating between the North Wall Arts Centre, South Parade, and  Common Ground, Little Clarendon Street. Because Rebecca is no longer an LCON trustee, a formal reporting arrangement has been established between LCON and the Oxfordshire Climate Cafes group. 

9 



## _Working with Low Carbon Marston_ 

We have continued to work alongside the newly-formed Low Carbon Marston to support them in developing work on energy eViciency. In May 2023, on Earth Day, we joined the group with an energy information stall at the Marston Eco Hub. 

## _Jericho Fair_ 

In June 2023 we had a stall at the Jericho Fair, mainly engaging with residents about energy saving in the home. Because of the large number of renters in the area we were able to give some people contacts with whom they could discuss any problems with paying their fuel bills. 

## _Schools and young people_ 

In 2023 we partnered with Cherwell School to oVer prizes for projects conducted by students in connection with their Science Fair. The two winning projects in 2023 were on Sustainable House and on recycling. 

## _Informing and enthusing_ 

LCON has continued to cover a breadth of carbon reduction topics through its website, newsletter, social media and events, with increasing reach (the mailing list and social media) over the year. In 2023 we benefited significantly from the work and expertise of two social media volunteers, Helen Stedman and Ella-Rose Gaskin. 

## Fundraising 

In 2023, thanks to the generosity of LCON members and other local residents, from the City Council and Counsellors, we raised £20,000 to enable a new project, the Oxford Car-Free Challenge, to be developed in partnership with the national climate action group **Possible** and the **Centre for Climate Change and Social Transformation (CAST)** at CardiV University. 

We also continued to fundraise for our home energy-saving programme Housewarming. 

We were particularly grateful for the continued mentorship and support provided by Sir Christopher Ball to Rebecca Nestor as Chair and lead fundraiser during 2023. Sir Christopher and Lady Wendy Ball were also major donors to our Car-Free Challenge project, as they had been to Housewarming in 2022. 

## Small company provisions 

This report has been prepared in accordance with the small companies regime under the Companies Act 2006. 

Approved by the Board and signed on its behalf by: 

Kim Polgreen, Chair of Trustees Date: 3rd September 2024 

10 



FinanciaL Report
Examiners Report
SUMMERS
Chartered Certlfie(l Accountants
Business Advisors
Tax Consultants
42A Uppar High Street
Thame
Oxfordshlr•
OX9 20W
Phonè 01844 279340
Fax 01844 216092
rfsummers.co.uk
Low Carl￿￿ Oxford North
Inde
end¢nt Examiners Re ort to the trustees for #n Inde
Accounts for
¢ar ended 31" Deeember 2023.
ndent Examinatloll of tb¢
IDdependellt Examiner's Statement
I hav¢ completed my exalnination. T confirm that no material matters have Come to my attention in
conn¢¢tion with the examination giving me cause to believe that in any material aspect=
l. Accounting r￿ordS were not kept in respect of the Low Carbon Oxford North as required by
section 130 of the Act. or
2. The accounts do not accord with those r¢cords- or
3. The accounts do not comply with the applicable Tequirements concerning the form and content
of aecounts s¢t out in the Charities (Accounts and Reports) Regulations 2008 other than any
requirement that the ac¢ounts give a 'trne and fair. view which is not a matter c4)Thsidered as
part of an independent examination.
I have no concems and hav£ ¢ome acTOSS no other inatters in ¢OTLnection with the examination to
which attention should be drawn in this report in order to ¢nable a prop¢r und¢T5tanding of the
a￿Ount$ to bc reached.
Based on our work and examination of your Ac¢ounts for the year ended 3151 1)ectmber 2023.
noihing has com¢ to our attention ro Tefute the u￿Ste¢S, confimiaiion that the Accounts giv¢ a true
and fair view of the state of affairs as ai 31, December 2023 and of its profIt for the yeaT then ended.
Revi¢wed and Examined by R F Summers, FCCA on 09 Septernb¢r 2024
R••UL*dfor•Thr4•4711nw4trnvnt￿￿InWa¢Uv￿￿1￿dInthO ¢4ndurtofaccwntlnu *ndcQrAuha￿Y￿rk
tho A%soclalon of ¢hwt•MdC•rdWAccounlantB
RFSumwth* BSG FCCA F¢IAI Ff*

Statement of Financial Activities
Low Carbon Oxford f4orth
Statement of Financial ActiiTrtie5
for the year ended 31st December 2023
Unrestricte Restricted
d fuDds
runds
Prior year
funds
Categories by activity
Total funds
Income (Note 2.2)
Income and endowmettts from".
Dollations alld legacies
c.haritable activities
Other tradLng activities
Investments
Other
Total
624
26,699
27,323
47,887
1,245
485
485
8,835
8.835
7,604
9.459
27.184
36.643
56.736
Expenditure (Note 2.3)
Eipenditure on:
Raismg funds
Charitable activities
Other
Total
1,633
6.804
8.437
14,488
16,121
6.804
22.925
35,151
6,978
42,129
14.488
P4et income/(eipenditure) before tax
Tax payable
Net income/(expenditure) after tax
before investment gain51Oosses)
Nel gainsl(losses) on
investments
Net incomel(expenditure)
Transfers be￿een funds
other gainsl{lossesl
N8t mov8m8nt In fvnds
1.022
12,696
13,718
14,607
1,022
12,696
13,718
14,607
1,022
12,696
13,718
14,607
1,022
12,696
13,718
14,607
R8condllatlon of
funds:
Total funds brought fotward
Total fur#Js ￿rrIed forward
13,979
15,001
22,085
34,781
36,064
49,782
21,457
36,064

BaLance Sheet
Balan￿ Sheet
318t December 2023
Restrfcted
income
funds
Unre8tricts
d funds
Total th18
year
Total last
year
Flxed assets
Inveslments
Total fix&J a880ts
Current a88ets
(Nots 3)
5,110
5,110
5,110
5,110
5,361
5,361
{Note 4)
Cash at bank and Sn hand (Note 7)
Total current assots
41
15,115
15,156
41
49,896
49,937
41
35,206
35,247
34,781
34,781
Credit¢xs: ￿Tr)Unts falling du8 Within
yo¥r
(Nots 51
5,266
5,266
4,544
Net (JJrr8nt as88tsllliabilili88)
9,891
34,181
44,672
30,703
Tc*al net assets or liabilities
15,001
34,781
49,782
36,064
Funds of the Charity
Restricted inwmo funds {Note 12)
Unr8Stricted funds
34,781
34,781
15,001
49,782
22,085
13,979
36,064
15,001
15,001
Total fund5
34,781
The company was enti118d lo exemption from audit under $477 of the Compani8s Act
2006 relating to small companies.
The members have not required the company lo obtain an audit in accordance with
Section 476 of the Companies Acl 2006.
The directors acknowledge their responsibilities for complying with the requirements of
the Companies Act with respect to accounting records and the preparation of accounts.
small companie5 subject to the small companies regime and in accordance with FRS102
SORP.
Signed on behalf of all the Irusteesldireclors by..
Dale of approval..
Name..

Notes to the Financial Statements 

_Notes 1 - 2_ 


14 



Note 2.2
Nots 2.2
Incom
atyBW of inr
fijnds TL*a furkts Prk¢
Oonauons
and1g9ocio8:
Donations and gifts
Gift Aid
Legacies
General grants piovided by
governmenvother charities
Membership subscriptions and
sponsorships which are in subslanee
Donated goods. facilities and service5
other
124
21.699
21.823
47.887
500
5.000
5,500
624
26.699
27,323
47,887
Charitable
Sale of energy Saving guides
485
485
1.245
Other
Total
485
485
1.245
Olher tradlr¥J
other
TotAI
Invjmè frMI
Interest Income
Dividend income
Rental and leasing income
Other
8,835
8,835
7,604
Total
8.835
8,835
7,604
TOTAL INCOME
9.459
27.184
36.643
56.736
Of the prior year income £7661 was unrestricted and £49,075 was restricted.

Note 2.3
N&A2.3
Th*yo8r
d frjr
fijnd
TL*A fuTh
d funds
TL4A fuTh
Incurr9d s99king doTbalv)n8
Incurred seeking granis
Siaging fundraising events
Adv&rtising. fflark8titbg. dir9cI mail and
TalBl•xpenthTron r￿￿￿￿Jnth
Prpjed wotkers
8.307
26.441
43
28.441
63
270
40
Advgrtising promobon
Printed leaflets and guides
Chantab19 donations
Other
6,427
1,826
6.fj25
1.928
5.661
5.802
220
40
26
1.833
14.468
34063
35.151
1.OQ8
385
1.008
385
415
550
5,766
93
16
138
6,978
7,266
415
550
5,766
Governance
Administraliyg aSSi¥lan¢*
Telephone and In19fT￿l
Bank lees
Other
307
307
138
6,978
42,129
T(￿othere￿n￿￿Jr8
TOT￿ EXPEND￿vRE
6.804
8.437
6,804
,925
14,488
34.863
TNI￿r
Climate Caf&s
Schow)Is Pro
Housewarming Progratnm9
Carfre9 Iravgl
Energy Sawng Homes
Other
140
962
10.679
330
3.479
140
1,182
10,879
330
3,479
90
ramtne
220
17.930
4.654
12.278
149
35.101
17,930
4,654
12,278
149
35.151
15.901
220

Notes 3- 12
3 In￿sIMonts
Fixed asset investments in quoted shares, traded bonds and similar investrnents are valued at in
at cost and subsequently at fair value Itheir market valuel at Ihe year end. The same treatment
applied to unlisted inve5tsllents Ljnless fair value cannot be measured reliabty in which case cost
impairment is used.
LCON'S investment is with the LDW Carbon Hub. and consists of a social investment in solar gen,
projects which were transferred from LCON in 2018. Each year we are repaid a proportion ol our
capital investsllent along with an interest paymenL
2023
2022
Initial Investment
Less: Capital Repayments
Investment at end of year
6.500
1,390
5,110
6,500
1,139
5,361
4 D•btors
2023
2022
Trade debtors
Prepayments and accrued inry)me
Other debtors
41
41
Total
41
41
There was one trad8 d8btor which was paid after the y8ar-8nd_
5 Creditors
2023
2022
Trade cieditors
Accruals
Deferred income (Note 61
1.460
150
588
3,806
4,544
3,806
5,266
Total
There were trade creditors of £1460, principally for work done by project consuliants.
6 Deferred Income
LCON received two final payments from the Low Carbon Hub on the closure of ONCORE progra
in 2017- one payment for work with schcx)Is and the other for general work relating to renewable
energy- from which we draw agreed sums on an annual basis. There has been no expenditure li
2023 for either and therefore no change in deferred in¢ome. The deferred income amount remaii
£3,806.

7 Cash at bank and in hand
2023
2022
Short lem dfr￿ts
Cash at bank and on hand
Other
12,176
8,029
Total
49.896
35.206
8 Trusto8s' remungratlon and 9xpen￿5
No trustees received any remuneration during the finanual year.
9 Toxatlon
The cornpany 15 a registered charity and is exefflpt trotn taxation.
10 Mèmbtrs. liability
The charity is a private company limited by guarantee and does not have share ¢apital. Ea¢h of
members is liable to contribut8 an amount not exceeding £10 towards the charity in the event of
11 Controlllng •ntlty
The charity is controlled by Ihe trustees who ar8 a11 Directors of the o)mpany.
12 Charity Funds
Analysis of Ihe charitie5 fund5 are shown in notes 12.1 and 12.2.

Note12
Nots 12
Ch8
12.1 D￿LI rrfrrdwd fu￿ hBbJ Thm8ntsOJrfrHJ thè CURRENTrryrthg perlod
' Koy.. R. rgstyktsd 1rKXyT￿ Ind￿￿n9 8pod81 ofthg r*8rfty,' and U. unregtrlrWfvnd•
Fthd
Fu￿j
UR.
FU￿
ur￿l￿ded Idnds
UR
Charl
13.979
18.644
3,219
222
8.437
10.679
330
15.002
11.450
21,588
Housewarmin
ramme
Low carb￿ homes pioject
SustainablÈtravol
3.485
18.699
Carfree travel
Ene
Savln
En0rgYr￿dUctlan proJ￿Ct
3.4BO
36,064
22,W26
49.782
12.2 thb PREVI(XJS r8wUrvJ PBrbJ
FL
Fund
UR.
e*ré wrfj
FU￿
Unrestrid￿ funds
Housewarmin
Carfree travel
Ene
Savin
UR
Cha
Low rArbon hornes
13.584
7.681
36.575
7.266
13.979
18.644
3.219
222
ramme
ed
eGI
ect
ro
7.873
4.6&1
12.278
Ener
reduction
12.500
OtherfiJvJs IbdandNJ
ur
Nl8
Funds as rwb8kn¢•8h88t
21,457
56.736
42.12Y
36.064