Registered charity number 1156722
## The Carbon Literacy Trust
## Annual Report and Financial Statements
for the year ended 30 September 2022
Doc ID: 6b46e65b3d13e18af188fc9af0c55f6511edb544
The Carbon Literacy Trust
## Report of the Trustees for the year ended 30 September 2022
The Trustees present their annual report and unaudited financial statements for the year ended 30 September 2022.
## Reference and Administrative Information
Charity name The Carbon Literacy Trust
Charity Registration Number 1156722 Registered Office Green Fish Resource Centre 46-50 Oldham Street Manchester M4 1LE
Trustees Ali Abbas Chair Neil Bradley Robin Lawler (retired 30 April 2022) Alexander Ganotis Jennifer Wilson-Brown (appointed 30 November 2021)
## Key management personnel
The charity has no employees. Management is provided by the board of trustees
## Independent Examiner
Paul Cowham MA FCA DChA Green Fish Resource Centre 46 – 50 Oldham Street Manchester M4 1LE
## Bankers
The Co-operative Bank 1 Balloon Street Manchester M60 4EP
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## The Carbon Literacy Trust
## Report of the Trustees for the year ended 30 September 2022
## Structure, governance and management
## Company status
The charity is a Charitable incorporated organisation (CIO), number 1156722.
## Governing document
Constitution based on the Charity Commission's model constitution for a CIO, whose only voting members are its charity trustees.
## Recruitment and appointment of Trustees
Trustees are identified according to the skills, knowledge and experience needed for the effective administration of the CIO, and are appointed by a resolution passed at a properly convened meeting of the charity trustees.
## Organisational structure:
The Board of Trustees sets the strategic direction of the Carbon Literacy Project and we provide grant funding to our delivery partner, Cooler Projects CIC, to deliver the project in line with the strategy.
## Objectives and activities
## Objects and aims
The object of the CIO is to advance the education of the public in the conservation, protection and improvement of the physical and natural environment.
The charity aims to provide the public with an awareness of the environmental, in particular carbon, costs and impacts of everyday activities and the ability and motivation to reduce their environmental impact, including greenhouse gas emissions on an individual, community and organisational basis.
The first step towards climate action is to understand what’s happening, why it matters and what you can do about it. That’s why our aim is to offer people access to a day's worth of learning on climate change. This is designed to provide learners with an awareness of the carbon costs and impacts of everyday activities and the ability and motivation to reduce their environmental impact on an individual, community and organisational basis.
The trustees, in making decisions about how to carry out the charity's purposes, have had due regard to the Charity Commission's public benefit guidance when exercising any powers or duties for which the guidance is relevant.
## Strategy for achieving aims
The Carbon Literacy Project delivers this objective by supporting organisations to develop training courses in line with the Carbon Literacy Standard. This Standard defines a set of criteria both for course content and how the course is delivered.
Once the courses are reviewed and approved by the project team, the Carbon Literacy training is delivered by the organisations themselves or by certified Carbon Literacy trainers.
Any participant who completes an approved training course can submit evidence of their learning and of the actions they’ve committed to. If they meet the required criteria, they will be certified as Carbon Literate.
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The Carbon Literacy Trust Report of the Trustees for the year ended 30 September 2022
## Resources
The Carbon Literacy Project team at our delivery partner, Cooler Projects CIC, comprises 23 FTE staff and 10 volunteers (equivalent to 3 FTE). The volunteers play a key role in the process of assessing the evidence of learners who have applied to be certified as Carbon Literate, and in supporting the staff team with other tasks such as comms and public engagement.
## Activities
We have continued to work with a wide range of public, private and community & voluntary sector organisations to extend the reach of the Carbon Literacy Project.
Highlights for the year include:
- There was strong take-up of our existing Toolkits this year, in sectors including Automotive, Education, Healthcare, Local Authorities and Social Housing. New toolkits were launched for the Civil Service and Museums sectors, and we extended existing Toolkits through the addition of new courses such as the Leadership course within the Healthcare Toolkit and the Colleges course within the Education toolkit.
- There are many more Toolkits and courses which are in development and are due to be launched in 2023. These include an NHS E-learning Pathway, a Sports Kit and courses for Parish, Town & Community Councils, Community Leaders, Householders & Communities, and Education Leaders.
- As well as attending COP26 in Glasgow as an official Observer Organisation, we delivered a series of Sector Focus Days to showcase the work being done across a wide range of sectors to deliver Carbon Literacy learning and action. These online webinars were run in collaboration with partner organisations including Anthesis, Quorn and Transpennine Express.
- The first mass climate education training event of its kind, the Carbon Literacy Action Day (CLAD) saw over 500 learners from all walks of life, sectors, genders and ages, all around the world, complete their days’ worth of Carbon Literacy training to become certified as Carbon Literate. The Action Day webinar was joined by representatives from 16 different organisations, many of which were delivering training on the day, who shared the impact of Carbon Literacy in their organisations.
## Longer-term aims and objectives
We have set a target of 1 million certified learners by 2030. To achieve this ambitious target would require a 50% annual increase in certifications. We’ve therefore set a short-term objective to reach 65,000 certified learners by September 2023.
## Achievements and performance
The Project team has continued to develop relationships with existing and new sectors. These include providers of social housing, local authorities, the arts and culture sector, the media sector, construction and engineering, rail and automotive, colleges and universities, national government and NHS.
This has led to an acceleration in the roll-out of Carbon Literacy training. We set a target to increase the number of learners certified as Carbon Literate by 50% in the year to 30 September 2022, but the number has almost doubled from 22,000 to over 41,000.
These new learners pledged to taking more than 38,000 separate actions in their homes and workplaces to reduce carbon emissions. This means that our project has now inspired more than 80,000 actions and saved an estimated 150,000 tonnes of carbon emissions.
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## The Carbon Literacy Trust
## Report of the Trustees for the year ended 30 September 2022
We have also increased the geographical reach of Carbon Literacy in the UK, Europe and beyond, with almost 4,000 organisations engaged with Carbon Literacy and delivering training in 18 nations. Of these, 122 have been certified as Carbon Literate Organisations, and there are now 114 certified consultants, trainers and facilitators and 6 certified Carbon Literacy Training Organisations.
We set a target to raise £150,000 in grants and donations in the year to 30 September 2022, in part with a “10 for 10” fundraising drive in the run-up to the 10th anniversary of the Project. We fell only very slightly short of this target, raising £149,307 during the period.
## Impact reporting
More details of the impact of the Carbon Literacy Project will be available in our 2022 Impact Report, which can be downloaded from: https://carbonliteracy.com/about-us/
## Financial review and reserves policy
## Review of the charity’s financial position
The charity is in a strong financial position.
Our income of £637,658 arose from 3 main sources:
- individual certification (£314,502)
- other certification, e.g. courses, trainers and organisations (£174,849)
- grants and donations (£148,307)
This comfortably exceeded our expenditure, most of which comprised grants to our delivery partner, Cooler Projects CIC (£461,324, including £95,500 for toolkit development which was capitalised). This resulted in a surplus of £208,670 for the year.
## Principal risks
The principal risks facing the charity and mitigation measures are:
- IP & competition: We have trademarked the term “Carbon Literacy” in the UK and have applied for international trademarks in the main countries we operate in.
- Delivery: We are reliant on our delivery partner to deliver the Project. We have a strong relationship with Cooler Projects CIC and are in regular dialogue to enable us to identify and resolve any potential issues should they arise.
## Policy on reserves
Our bank balance at 30 September 2022 was £222,396. This included reserves of £120,000 in line with our policy to hold the equivalent of 3 months' operating costs to ensure that the Project can continue to be funded in the event that income is significantly lower than expected.
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## The Carbon Literacy Trust
## Report of the Trustees for the year ended 30 September 2022
## **`S`** tatement of Trustees’ responsibilities
Law applicable to charities in England and Wales requires the trustees to prepare financial statements for each financial year 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 financial statements giving a true and fair view, the trustees should follow best practice and:
- 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 in the financial statements[
- Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charity will continue in operation.
The trustees are responsible for keeping proper accounting records that disclose with reasonable accuracy at any time the financial position of the charity and enable them to ensure that the financial statements comply with the Charities Act 2011. 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.
The trustees are responsible for the maintenance and integrity of the charity and financial information included on the charity’s website in accordance with legislation in the United Kingdom governing the preparation and dissemination of financial statements.
Approved by the Trustees and signed on their behalf by:
…………………………… Ali Abbas
26 July 2023 …………………………… Date
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## Independent Examiner’s Report to the Trustees of
## The Carbon Literacy Trust
I report on the accounts of the charity for the year ended 30th September 2022 which are set out on pages 7 to 17.
## Respective responsibilities of trustees and examiner
The trustees are responsible for the preparation of the accounts. The trustees consider that an audit is not required for this year under section 43(2) of the Charities Act 2011 (the 2011 Act) and that an independent examination is needed.
Having satisfied myself that the charity is not subject to audit under charity law and is eligible for independent examination, it is my responsibility to:
- examine the accounts under section 145 of the 2011 Act;
- to follow the procedure laid down in the general Directions given by the Charity Commission under section 145 (5)(b) of the 2011 Act; and
- to state whether particular matters have come to my attention.
## Basis of independent examiner’s report
My examination was carried out in accordance with general Directions given by the Charity Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently no opinion is given as to whether the accounts present a ‘true and fair view’ and the report is limited to those matters set out in the statement below.
## Independent examiner’s statement
Since the charity’s gross income exceeded £250,000 your examiner must be a member of a body listed in section 145 of the 2011 Act. I confirm that I am qualified to undertake the examination because I am a member of the Institute of Chartered Accountants in England and Wales which is one of the listed bodies.
In the course of my examination, no matter has come to my attention:
(1) which gives me reasonable cause to believe that in any material respect the requirements:
- to keep accounting records in accordance with section 130 of the 2011 Act; and
- to prepare accounts which accord with the accounting records and comply with the accounting requirements of the 2011 Act
have not been met; or
(2) to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached.
Paul Cowham FCA DChA Green Fish Resource Centre 46 – 50 Oldham Street Manchester M4 1LE
26 July 2023 Date ………………………
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## The Carbon Literacy Trust
## Statement of Financial Activities (including Income and Expenditure account) for the year ended 30 September 2022
|Unrestricted
funds
Note
£
Income
Donations and legacies
3
51,402
Charitable activities
4
541,821
Investments
5
-
Total income
593,223
Expenditure
Raising funds
6
144
Charitable activities
7
390,409
Total expenditure
390,553
8
202,670
Transfer between funds
41,000
Net movement in funds for the year
243,670
Reconciliation of funds
Total funds brought forward
117,585
Total funds carried forward
361,255
Net income/(expenditure) for the
year|Restricted
funds
£
-
44,435
-
44,435
-
38,435
38,435
6,000
(41,000)
(35,000)
35,000
-|Total funds
2022
£
51,402
586,256
-
637,658
144
428,844
428,988
208,670
-
208,670
152,585
361,255|Total funds
2021
£
32,915
189,343
-|
|---|---|---|---|
||||222,258|
||||-
117,969|
||||117,969|
||||104,289
-|
||||104,289
48,296|
||||152,585|
The statement of financial activities includes all gains and losses recognised in the year. All income and expenditure derive from continuing activities.
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The Carbon Literacy Trust
## Balance sheet as at 30 September 2022
||Note||2022||2021||
|---|---|---|---|---|---|---|
|||£|£||£|£|
|Fixed assets|||||||
|Intangible assets|13||201,196|||158,575|
|Total fixed assets|||201,196|||158,575|
|Current assets|||||||
|Debtors|14|59,347|||15,741||
|Cash at bank and in hand||222,396|||93,920||
|Total current assets||281,743|||109,661||
|Liabilities|||||||
|Creditors: amounts falling|||||||
|due in less than one year|15|(121,684)|||(97,215)||
|Net current assets/(liabilities)|||160,059|||12,446|
|Total assets less current liabilities|||361,255|||171,021|
|Creditors: amounts falling|||||||
|due after more than one year|16|||-||(18,436)|
|Net assets|||361,255|||152,585|
|Funds of the charity|||||||
|Restricted income funds|17|||-||35,000|
|Unrestricted income funds|18||361,255|||117,585|
|Total charity funds|||361,255|||152,585|
|The notes on pages 10 to 19 form part of these accounts.|||||||
|Approved by the trustees on 26th July|2003|and signed on their behalf by:|||||
|Ali Abbas|||||||
|Name|||Signed||||
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## The Carbon Literacy Trust
## Statement of Cash Flows for the year ending 30 September 2022
|Note
2022
£
Cash provided by/(used in) operating activities
19
223,976
Cash flows from investing activities:
Bank interest
-
Proceeds from sale of tangible fixed assets
-
Purchase of intangible fixed assets
(95,500)
Proceeds from sale of investments
-
Purchase of investments
-
Cash provided by/(used in) investing activities
(95,500)
Cash flows from financing activities:
Repayment of borrowing
-
Cash inflows from new borrowing
-
Cash provided by/(used in) financing activities
-
128,476
Cash and cash equivalents at the beginning of the year
93,920
Cash and cash equivalents at the end of the year
222,396
Increase/(decrease) in cash and cash
equivalents in the year|2021
£
121,922|
|---|---|
||-
-
(154,250)
-
-|
||(154,250)|
||-
-|
||-|
||(32,328)
126,248|
||93,920|
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The Carbon Literacy Trust
Notes to the accounts for the year ended 30 September 2022
## 1 Accounting policies
The principal accounting policies adopted, judgments and key sources of estimation uncertainty in the preparation of the financial statements are as follows:
## a Basis of preparation
The financial statements have been prepared in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019) - (Charities SORP (FRS 102)), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006.
The Carbon Literacy Trust meets the definition of a public benefit entity under FRS102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy note.
## b Preparation of the accounts on a going concern basis
The trustees consider that there are no material uncertainties about the charity’s ability to continue as a going concern.
There are no key judgments which the trustees have made which have a significant effect on the accounts.
The trustees do not consider that there are any sources of estimation uncertainty at the reporting date that have a significant risk of causing a material adjustment to the carrying amount of assets and liabilities within the next reporting period.
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The Carbon Literacy Trust
Notes to the accounts for the year ended 30 September 2022 (continued)
## c Income
Income is recognised when the charity has entitlement to the funds, any performance conditions attached to the item(s) of income have been met, it is probable that the income will be received and the amount can be measured reliably.
Income from government and other grants, whether ‘capital’ grants or ‘revenue’ grants, is recognised when the charity has entitlement to the funds, any performance conditions attached to the grants have been met, it is probable that the income will be received and the amount can be measured reliably and is not deferred.
Income received in advance of a provision of a specified service is deferred until the criteria for income recognition are met.
## d Donated services and facilities
Donated professional services and donated facilities are recognised as income when the charity has control over the item, any conditions associated with the donated item have been met, the receipt of economic benefit from the use by the charity of the item is probable and that economic benefit can be measured reliably. In accordance with the Charities SORP (FRS 102), general volunteer time is not recognised; refer to the trustees’ annual report for more information about their contribution.
On receipt, donated professional services and donated facilities are recognised on the basis of the value of the gift to the charity which is the amount the charity would have been willing to pay to obtain services or facilities of equivalent economic benefit on the open market; a corresponding amount is then recognised in expenditure in the period of receipt.
## e Interest receivable
Interest on funds held on deposit is included when receivable and the amount can be measured reliably by the charity; this is normally upon notification of the interest paid or payable by the Bank.
## f Fund accounting
Unrestricted funds are available to spend on activities that further any of the purposes of charity.
Designated funds are unrestricted funds of the charity which the trustees have decided at their discretion to set aside to use for a specific purpose.
Restricted funds are donations which the donor has specified are to be solely used for particular areas of the charity’s work or for specific projects being undertaken by the charity.
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The Carbon Literacy Trust
Notes to the accounts for the year ended 30 September 2022 (continued)
## h Expenditure and irrecoverable VAT
Expenditure is recognised once there is a legal or constructive obligation to make a payment to a third party, it is probable that settlement will be required and the amount of the obligation can be measured reliably.
Irrecoverable VAT is charged as a cost against the activity for which the expenditure was incurred.
## i Intangible fixed assets
Brands and intellectual property are capitalised at cost (or cost when transferred from Cooler Projects CIC) and are depreciated as follows
Brands 5 years Intellectual property 5 years
## l Debtors
Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due.
## mCash at bank and in hand
Cash at bank and cash in hand includes cash and short term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of the deposit or similar account.
## n Creditors and provisions
Creditors and provisions are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.
## o Financial instruments
The charity only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method.
## p Pensions
The charity does not currently operate a pension scheme.
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The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 2 Legal status of the charity
The charity is a Charitable Incorporated Organisation (CIO), registration number 1156722.
## 3 Income from donations and legacies
|Donations
Total|Unrestricted
Restricted Total 2022Unrestricted
Restricted
Total 2021
£
£
£
£
£
£
51,402
-
51,402
32,915
-
32,915|
|---|---|
||51,402
-
51,402
32,915
-
32,915|
## 4 Income from charitable activities
|Grants
Auto Trader
CL4RPs
Project income
Individual certification
E-learning licences
Training
Toolkits
Other earned income
Total
Sage Foundation
East Midlands
Chamber
Department for
Business, Energy &
Industrial Strategy
Trainer certification
Organisation
University of
Manchester
Patagonia - the
Tides Foundation
Course certification|Unrestricted
Restricted Total 2022Unrestricted
Restricted
Total 2021
£
£
£
£
£
£
19,000
-
19,000
-
35,000
35,000
-
5,135
5,135
-
3,466
3,466
-
17,000
17,000
-
-
-
29,970
-
29,970
-
-
-
3,500
-
3,500
-
-
-
-
9,800
9,800
-
-
-
-
12,500
12,500
-
-
-
314,502
- 314,502
96,009
-
96,009
11,199
-
11,199
5,055
-
5,055
77,908
-
77,908
15,100
-
15,100
8,656
-
8,656
280
-
280
66,606
-
66,606
29,716
-
29,716
1,100
-
1,100
(773)
-
(773)
6,700
-
6,700
-
-
-
2,680
-
2,680
5,490
-
5,490|
|---|---|
||541,821
44,435
586,256
150,877
38,466
189,343|
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The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 5 Investment income
|Investment income||
|---|---|
|Income from bank
deposits|Unrestricted
Restricted
2022
Unrestricted
Restricted
2021
£
£
£
£
£
£
-
-
-
-
-
-|
||-
-
-
-
-
-|
## 6 Analysis of expenditure on raising funds
|Analysis of expenditure on raising funds||
|---|---|
|Justgiving fees
Analysis of expenditure on charitable activities
Carbon Literacy (charitable activity)
Grants paid for project administration
Delivery of training
CLO Awards
Amortisation of intangible assets
Other running costs
Other governance costs
Restricted expenditure
Unrestricted expenditure
Independent examination & accountancy|Total 2022
Total 2021
£
£
144
-|
||Total 2022
Total 2021
£
£
365,824
78,099
-
12,338
8,562
-
52,879
26,083
929
999
650
450|
||428,844
117,969|
||2022
2021
£
£
38,435
3,466
390,409
114,503|
||428,844
117,969|
7 Analysis of expenditure on charitable activities
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The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 8 Net income/(expenditure) for the year
|This is stated after charging/(crediting):|2022|2021|
|---|---|---|
||£|£|
|Amortisation of intangible assets|52,879|26,083|
|Independent examiner's remuneration|||
|- accountancy|450|300|
|- independent examination|200|100|
|- corporation tax return preparation and filing|-|50|
## 9 Staff costs
The charity had no employees or staff costs during the year. Management was provided by the trustees who received no remuneration.
## 10 Trustee remuneration and expenses, and related party transactions
Neither the trustees nor any persons connected with them received any remuneration or reimbursed expenses during the year (2021: Nil).
Aggregate donations from related parties were £nil (2021: £nil).
There are no donations from related parties which are outside the normal course of business and no restricted donations from related parties.
No trustee or other person related to the charity had any personal interest in any contract or transaction entered into by the charity, including guarantees, during the year (2021: nil).
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The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 11 Government grants
The government grants recognised in the accounts were as follows:
|Department for Business, Energy &
Industrial Strategy|2022
2021
£
£
17,000
-|
|---|---|
||17,000
-|
There were no unfulfilled conditions and contingencies attaching to this grant.
## 12 Corporation tax
The charity is exempt from tax on income and gains falling within Chapter 3 of Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that these are applied to its charitable objects. No tax charges have arisen in the charity.
## 13 Fixed assets: intangible assets
|Cost
Additions
Disposals
At 30 September 2022
Depreciation
Charge for the year
Disposals
At 30 September 2022
Net book value
At 30 September 2022
At 30 September 2021
At 1 October 2021
At 1 October 2021|Intellectual
Brands
property
£
£
12,000
359,988
-
95,500
-
-
12,000
455,488
12,000
201,413
-
52,879
-
-
12,000
254,292
-
201,196
-
158,575|Total
371,988
95,500
-|
|---|---|---|
|||467,488|
|||213,413
52,879
-|
|||266,292|
|||201,196|
|||158,575|
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## The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 14 Debtors
|Debtors||
|---|---|
|Trade debtors
Other debtors and accrued income|2022
2021
£
£
59,347
15,741
-
-|
||59,347
15,741|
## 15 Creditors: amounts falling due within one year
|Other creditors
Accruals|2022
2021
£
£
121,034
96,765
650
450|
|---|---|
||121,684
97,215|
The amount falling due within one year under other creditors includes the outstanding costs incurred by Cooler Projects CIC for work undertaken on the Carbon Literacy Project that the Trust has agreed to pay in the year to 30 September 2022.
## 16 Creditors: amounts falling after more than one year
|Other creditors|2022
2021
£
£
-
18,436|
|---|---|
||-
18,436|
The amount falling due after more than one year comprises the amount that the Trust has agreed to pay Cooler Projects CIC for work undertaken on the Carbon Literacy Project prior to the handover of the Project and its assets to the Trust. This was paid in the year to 30 September 2022.
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## The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 17 Analysis of movements in restricted funds
|Auto Trader
Patagonia - the Tides Foundation
Patagonia - the Tides Foundation
Auto Trader
Department for Business, Energy &
Industrial Strategy
Sage Foundation
Previous
reporting period
University of Manchester
Department for Business, Energy &
Industrial Strategy|Balance at
1 Oct 2021
Income
Expenditure
Transfers
Balance at
30 Sep
2022
£
£
£
£
£
-
17,000
(17,000)
-
-
35,000
-
-
(35,000)
-
-
5,135
(5,135)
-
-
-
9,800
(9,800)
-
-
-
12,500
(6,500)
(6,000)
-|
|---|---|
||35,000
44,435
(38,435)
(41,000)
-|
||Balance at
1 Oct 2020
Income
Expenditure
Transfers
Balance at
30 Sep
2021
£
£
£
£
£
79,704
-
-
(79,704)
-
-
35,000
-
-
35,000
-
3,466
(3,466)
-
-|
||79,704
38,466
(3,466)
(79,704)
35,000|
The transfers represent monies spent developing intangible assets which have been capitalised.
18
Doc ID: 6b46e65b3d13e18af188fc9af0c55f6511edb544
## The Carbon Literacy Trust
## Notes to the accounts for the year ended 30 September 2022 (continued)
## 18 Analysis of movement in unrestricted funds
|Previous
reporting period
General fund
General fund|Balance at
1 Oct 2021
Income
Expenditure
Transfers
Balance at
30 Sep
2022
£
£
£
£
£
117,585
593,223
(390,553)
41,000
361,255|
|---|---|
||117,585
593,223
(390,553)
41,000
361,255|
||Balance at
1 Oct 2020
Income
Expenditure
Transfers
Balance at
30 Sep
2021
£
£
£
£
£
(31,408) 183,792
(114,503)
79,704
117,585|
||(31,408) 183,792
(114,503)
79,704
117,585|
## 19 Analysis of net assets between funds
|Tangible fixed assets
Net current assets/(liabilities)
Creditors of more than one year
Total|General
Designated
Restricted
fund
funds
funds
Total
£
£
£
£
201,196
-
-
201,196
160,059
-
-
160,059
-
-
-
-|
|---|---|
||361,255
-
-
361,255|
## 19 Reconciliation of net movement in funds to net cash flow from operating activities
|Net income/(expenditure) for the year
Adjustments for:
Depreciation charge
Loss/(profit) on sale of fixed assets
(Gains)/losses on investments
Dividends, interest and rents from investments
Decrease/(increase) in stock
Decrease/(increase) in debtors
Increase/(decrease) in creditors
Net cash provided by/(used in) operating activities|2022
2021
£
£
208,670
104,289
52,879
26,083
-
-
-
-
-
-
-
-
(43,606)
(5,848)
6,033
(2,602)|
|---|---|
||223,976
121,922|
19
Doc ID: 6b46e65b3d13e18af188fc9af0c55f6511edb544