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2025-03-31-accounts

Charity registration number 1165592

ENERGISE ME

ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

ENERGISE ME

LEGAL AND ADMINISTRATIVE INFORMATION

Trustees Jon Monkcom (Resigned 11 July 2025)
Steven Pease (Re-elected 18 July 2024)
Dr Paul O’Halloran (Re-elected 18 July 2024)
Selina Russell (Resigned 16 May 2025)
Zoe Williams (Resigned 17 June 2024)
Natalie Austin (Resigned 16 May 2025)
Kate Kewley
Simon Lovegrove (Resigned 16 May 2025)
Dr Shakiba Moghadam
Sam Forwood
Jane Thomson (Resigned 16 May 2025)
Dr Heather Mitchell (Appointed 06 February 2025)
Helen Brooker (Appointed 16 May 2025)
Mike Harris (Appointed 16 May 2025)
Tim Lander (Appointed 16 May 2025)
Chief Executive Officer Julie Amies
Charity number 1165592
CIO registration number CE005425
Principal office Athelstan House
St Clement Street
Winchester
Hampshire
United Kingdom
SO23 9DR
Auditor Azets Audit Services
Third Floor, Gateway House
Tollgate
Chandlers Ford
Hampshire
United Kingdom
SO53 3TG

ENERGISE ME

CONTENTS

Page
Trustees' report 1 - 8
Independent auditor's report 9 - 11
Statement of financial activities 12
Balance sheet 13
Statement of cash flows 14
Notes to the financial statements 15 - 29

ENERGISE ME

TRUSTEES' REPORT

FOR THE YEAR ENDED 31 MARCH 2025

Energise Me is a Charitable Incorporated Organisation. It is committed to tackling the things that prevent active lifestyles, so everyone can improve their health and happiness by moving more. It is registered with the Charity Commission under charity number 1165592 and with Companies House under the Company Registration Number CE005425.

The trustees, who are directors for the purposes of company law, present the annual report together with the financial statements and auditors' report of the charitable company for the year ended 31 March 2025.

The trustees have adopted the provisions of 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 the Republic of Ireland (FRS 102) (effective 1 January 2019).

The trustees are also directors for the purposes of company law and present their strategic report for the year ended 31 March 2025 in compliance with s414C of the Companies Act 2006.

Objectives and aims

The objects of the charity are to promote community participation in sport and healthy recreation for the benefit, in particular, but not exclusively, of the inhabitants of Hampshire and the Isle of Wight in the interests of social welfare for the public at large or those who by reason of their youth, age, infirmity or disablement, financial hardship or social and economic circumstances, have need of such facilities and services, in particular by:

  1. Working with and through local agencies to increase levels of participation in sport and physical activity.

  2. Promoting and providing programmes, services and facilities for sport, recreation, physical activity, informal education and other leisure-time occupation for healthy recreation.

  3. The improvement and preservation of good health and well-being through participation in healthy recreation.

  4. Facilitating and providing impact evaluation, performance measurement and related intelligence for public benefit in the context of sport, recreation, physical activity and wider health and well-being.

  5. Promoting and providing education, training and coaching courses which promote physical health and fitness.

Who we are

Energise Me is a charity that champions physical activity for all in Hampshire and the Isle of Wight.

We are working hard to make it easier for everyone to move more. Our goal is to create a happier, healthier and stronger future for local people. We won’t rest until everyone has the confidence, support and opportunity to be active on their own terms.

Physical activity transforms lives. Our work is helping people to reduce their risk of major illnesses and depression. We are enabling communities to thrive. But we still have a long way to go.

We are one of 42 Active Partnerships across England who work with partners to create an active nation.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Strategy and Impact

With the launch of the We Can Be Active Strategy in November 2020, we set out Energise Me’s role to help deliver it in this document Energise Me will.

Our work focuses on the 5 goals of the We Can Be Active Strategy:

  1. Positive early experiences for our children and young people

  2. Opportunities that meet our needs and interests and are accessible and easy to find.

  3. Places and travel routes where we all feel safe and are encouraged to be active.

  4. Support to help us get started or keep moving when we feel that we can’t do it alone.

  5. Bold leaders working together to create happier and healthier communities.

In 2024/25 we really challenged ourselves to do things differently and bring our partners and collaborators along with us.

A big part of this was developing our version of impact. Instigated by our role delivering the Hampshire Active Health Programme, we challenged normal reporting practices, learning how to ask different questions and dig deeper into ‘why’ things work or why they don’t!

We’ve changed the way stories of impact are showcased, making sure that the owners of each story take the lead and people have the chance to comment, question and understand in more detail. This has meant changing the format of events and networks, giving more power to members and attendees.

And we’ve capitalised on the impact of relationships we’ve developed over the past four years. Spending time building that trust has allowed us to embed brand new physical activity roles into spaces they didn’t exist previously.

There’s still work to do. We’re taking everything we’re learning into the next 2 years of our current investment period to help us develop and grow, so we can do the very best for networks and communities in Hampshire and Isle of Wight.

Our 2024-25 Impact Report sets out in more detail the work of Energise Me in 2024-25.

Hampshire Talented Athlete Scheme

Due to cost savings at Hampshire County Council, funding came to an end in 2023-24. As a result, we have remodelled the Hampshire Talented Athlete Scheme to enable us to continue to support athletes to reach their goals in Olympic, Paralympic and Commonwealth Games disciplines. The scheme is now managed and funded (£11,172) by Energise Me to support local athletes on their path to the world stage. Athletes from over 70 sports are eligible to apply.

Our athletes are varied in their disciplines, so we work closely with each National Governing Body (NGB) to make sure we’re giving the right support. We look at many factors to help us determine what is needed including national or international rankings, competition results for individuals or team selections. We aim to be as inclusive as possible. However, we can only provide for sports that have a clear pathway for Olympic, Paralympic and Commonwealth Games disciplines.

In 2024 two hundred and thirty-six athletes were accepted onto the scheme, 210 as extended members and 26 as a member. Extended members can benefit from the free access to leisure facilities. All members can access the Hampshire Talented Athlete wrap around support provided by Southern Academy of Sport (camp and online workshops, where athletes can learn about recovery, competitions mind set and preparation etc) and fast-track physiotherapy. Every area of the administrative county of Hampshire was represented amongst the awards, evidencing good geographical reach.

From 1[st] January 2025, the scheme was extended to support Portsmouth and Southampton with unrestricted funds from Energise Me. This has attracted several members from each area within the first few months.

Coaching , Volunteers and Officials Bursary

Coaches, volunteers and officials are part of our bold leaders workforce that we need to support people to be active. The Coaching, Volunteers and Officials Bursary scheme supported 30 people to develop their skills to support 15 different sports or activities including cycling, cheerleading, swimming and much more.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Culture in Common

Culture in Common is the Creative People and Places (CPP) programme for the New Forest, funded by Arts Council England (ACE). It is giving local people of the New Forest the chance to enjoy, commission and create their own artistic activities, events and opportunities.

In 2022 a New Forest consortium, led by Energise Me, was successful in its bid to ACE for £1m investment to fund the first three years (April 2022 – March 2025) of a 10-year vision to bring communities together to enjoy Culture in Common. To provide security and stability for current projects, ACE recently announced that it was extending the 2022-25 CPP National Portfolio funding for one year, to 31 March 2026.

The project aligns to the objects of the charity as well as the mission of the We Can Be Active Strategy. As well as participating in Arts and Culture for their own intrinsic physical and mental benefits, we want to explore the opportunity to create new ways for people to be physically active through Arts and Culture.

Culture in Common has a consortium made up of Energise Me, Folio, The Handy Trust, New Forest District Council and New Forest National Park Authority. It blends arts, community engagement, heritage, physical activity and health expertise. The Consortium is passionate about collaborating and building authentic relationships with New Forest communities.

CPP targets investment into parts of the country where engagement in arts and culture is significantly below the national average. These places overlay with places where physical activity levels are low.

CPP focuses on finding ways for communities to take the lead in shaping or co-creating local cultural provision. The aim is to reach and connect with people who aren’t involved and support them to experience, create and be inspired by arts, culture and heritage, both as audiences and participants.

Culture in Common is helping to develop a thriving community-driven arts scene in the district. In the first two years, the programme has focused on Totton & the Waterside, New Milton & Pennington and Fordingbridge and has reached 20,000 residents.

Investment

All our work is made possible with the investment and support of our core funder, Sport England and the National Lottery. Energise Me receives investment for its core services and further investment for delivery including the School Games, Core Services, Active Lives and Sport Welfare Officers. New in 2024-25 were 2 investments for place work in Southampton and Portsmouth.

Other investments include Hampshire County Council investment into a Physical Activity Clinical Champion role, Arts Council England & New Forest District Council funding for Culture in Common and The Blagrave Trust, Battersea Arts Centre & Kristian Gerhard Jebsen Foundation investment into The Agency and the Active Partnership Network for the Opening School Facilities programme.

Furthermore, Hampshire Cultural Trust, New Forest National Park Authority, St Barbe’s Museum & Art Gallery and The Handy Trust have donated gifts in kind to Culture in Common during 2024-25.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Safeguarding

A safe and supportive environment enables children, young people and adults at risk to enjoy physical activity and sport. Safeguarding sits at the heart of everything we do at Energise Me. We have a designated lead officer (DSL), a deputy lead officer and a Board Champion and 2 Sport Welfare Officers. Safeguarding is a standing item on every team meeting. Each year, Energise Me has an annual review with the Child Protection in Sport Unit (CPSU) to assess if we meet the Safeguarding Standards. Our review assessed that we met the standards.

In addition to our ongoing, embedded safeguarding work we have:

Financial Review

Financial results for the year ended 31 March 2025 are shown in the statement of financial activities on page 12 with the associated assets and liabilities set out in the balance sheet on page 13. The statement of cash flows for the year is on page 14. Supporting notes to the accounts are on pages 15 to 29 and provide additional information to support the figures in the main statements.

The financial statements have been prepared to comply with the Statement of Recommended Practice and Reporting of Charities SORP (FRS 102) (effective 1 January 2019).

Total incoming resources for the year were £1,814,352 (2024: £1,431,356), resources expended were £1,761,515 (2024: £1,489,877) and the surplus for the year was £44,702 (2024: surplus £5,537).

Sport England continue to be the principal funder of core activities.

There is £330,844 of accrued income which relates to grant funding awarded in 2024-25 but has yet to be drawn down in cash. The cash will be drawn upon over the next 2 years of the remaining reward period.

The charity’s investment into the CCLA in 2024-25 delivered a loss of £8,135.

In 2024-25, Sport England made total grants of £1,409,701 (2024: £830,984). At the year end, there was an underspend of £225,000, which has been provided for.

Arts Council England contributed £384,486 (2024: £312,207) to support the Culture in Common project in the New Forest, providing 19% of income for the year.

Hampshire County Council contributed £25,000 towards a new Physical Activity Clinical Champion role. This is a partnership between Energise Me and Hampshire Public Health. The role has an honorary contract through the Integrated Care Board.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Reserves

The organisation’s financial reserves are made up of restricted and unrestricted funds. Total funds as of 31 March 2025 were £2,273,463 (2024: £2,228,761). Restricted funds amount to £500,971 and unrestricted funds £1,772,492.

The reserves policy ensures that sufficient free reserves are held to cover a minimum of nine months employment and running costs and 100% end of contract costs (in the event of any significant delays or cessation of external core funding). The fund required to cover these costs is approximately £725k.

On 31 March 2025 the unrestricted fund stood at £1.77m. In December 2021, trustees approved a new Business Plan for 2022-2027. The plan aligns to the We Can Be Active Strategy. It makes unrestricted funds available of up to £200k per annum into areas of work that support the delivery of the We Can Be Active Strategy:

  1. Positive early experiences for children and young people

  2. Support to get started

  3. Places & travel routes

  4. Bold leaders working together

  5. Understanding people & place

  6. Promoting physical activity

The Agency, Place Based work in Southampton, Health systems, Good Gym, Culture in Common and Active through Football are examples of the work that have received investment in 2024-25.

A new designated reserve for the 2022-2027 business plan was set up for an initial £1.0m on 1st April 2022. £158k (2024: £64k) of designated funds were utilised in 2024-25.

Investment Powers and Policy

This policy provides a framework for the management of the charity's reserve funds and uncommitted funds held. The Finance and Audit Committee have delegated authority to amend and action the investment policy on behalf of the board.

Pay Policy for Senior Staff

The People and Performance Sub-Committee establishes remuneration frameworks and policies that promote and support alignment with the organisation’s long-term charitable aims and purposes, and with any performancerelated pay schemes relevant and proportionate to the charity sector.

Pay levels are reviewed annually and in line with our business reviews. The exact level of any pay is determined by a range of factors, including the performance of the organisation, the current pay market, the funding for the service within which they work, the performance of the employee and the economy as a whole. It is not guaranteed that any pay review will necessarily result in an increase in pay.

Grant making policies

The charity makes many grants to different organisations and individuals. Every programme and grant scheme has its own respective policy, led by officers of the Charity and overseen by partners, funders and informed experts.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Principal Funding Sources

Energise Me's total income of £1,814,352 (2024: £1,431,356) was secured from the following sources:

Sport England awarded Energise Me a 5 year grant of £3,686,763 from 1 April 2022 to 31 March 2027 (the term). The grant is awarded as one of their ‘system partners’ to undertake “Systemic and Governing” and “Delivery” activity in accordance with the Project Plan we submitted. Energise Me will play a role delivering Sport England’s Uniting the Movement 10 year vision to transform lives and communities through sport and physical activity. The intent is to make sport and physical activity more inclusive across Hampshire and the Isle of Wight and aligns to our Charity’s purpose.

Governance

Governance has strengthened this year. The Board held a development workshop in July 2024 facilitated by an external, independent consultant. The output from the workshop informed the brief for the external board evaluation review.

In line with the Tier 3 requirements of the UK Sports Governance Code, Energise Me must carry out an external board evaluation at least every 4 years. The board appointed an external, independent advisor who begun work in quarter 4 to evaluate the work of the board. The evaluator will report her findings to the July board meeting.

Two trustees have been re-elected and four new trustees have been recruited bringing additional skills and experience to the board.

ENERGISE ME

TRUSTEES' REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

Energise Me is a Charitable Incorporated Organisation with a Foundation Model Constitution established on 16 February 2016 by the Charity Commission. Its only voting members are its trustees.

Public benefit

The trustees confirm that they have complied with the requirements of section 4 of the Charities Act 2011 to have due regard to the public benefit guidance published by the Charity Commission for England and Wales.

Structure, Governance and Management

Energise Me is committed to ensuring its governance is dynamic and visionary. The charity actively recruits trustees with the right skills, knowledge and experience to support its work. It looks for diversity of thought, experience and background to ensure that strategic decisions are informed and challenged from different perspectives.

Trustees are invited to apply through an open recruitment process. Each trustee can serve for an initial term of three years. A charity trustee who has served for three consecutive terms may not be reappointed for a fourth consecutive term but may be reappointed after an interval of at least four continuous years.

There is also one nominated trustee from Hampshire County Council who can serve for three years. This position has not been taken up since 2018. An observer role with no voting rights is provided to Sport England, the principal funding partner. This position has not been taken up since the Charity was set up in 2016. However, we report to Sport England and comply with all requirements of tier 3 of the UK Sports Governance Code.

New trustees undergo an orientation to brief them on their legal obligations under Charity law, guidance on public benefit, content of the constitution, the committee and decision-making processes, the business and strategic plans and recent financial performance of the Charity. During the induction, they meet key members of staff including those who they might provide specific support and mentoring to as well as other trustees.

Any training and development needs will be assessed as part of the trustee’s induction process. External training and development opportunities are provided by the Active Partnership Network and trustees are encouraged to take part where it will help them to carry out their role.

Organisation

The board of trustees, which can have up to 11 members, administers the charity. The board meets at least 4 times a year. A Chief Executive is appointed by the trustees to manage the day-to-day operations of the charity. To facilitate the effective running of the charity, the Chief Executive has delegated authority in some areas through a schedule of delegation that is approved by the trustees. This schedule includes finance, employment, communications, programmes, contracts and remuneration.

Risk Management

The board of trustees has a duty to identify and review risks to which the organisation is exposed. These are reviewed regularly at board meetings. The main areas of risk identified are Strategic, Operational and Financial. Under each heading are different areas trustees consider such as political, reputational etc.

The trustees have policies, systems and processes in place to mitigate the risks identified. They also implement procedures designed to minimise or manage any potential impact on the charity should those risks arise.

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ENERGISE ME

INDEPENDENT AUDITOR'S REPORT TO THE TRUSTEES OF ENERGISE ME

Opinion

We have audited the financial statements of Energise Me (the ‘charity’) for the year ended 31 March 2025 which comprise the statement of financial activities, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion, the financial statements:

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the charity in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charity’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The trustees are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Matters on which we are required to report by exception

We have nothing to report in respect of the following matters in relation to which the Charities (Accounts and Reports) Regulations 2008 require us to report to you if, in our opinion:

ENERGISE ME

INDEPENDENT AUDITOR'S REPORT (CONTINUED) TO THE TRUSTEES OF ENERGISE ME

Responsibilities of trustees

As explained more fully in the statement of trustees' responsibilities, the trustees are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the charity’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

We have been appointed as auditor under section 144 of the Charities Act 2011 and report in accordance with the Act and relevant regulations made or having effect thereunder.

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https:// www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Extent to which the audit was considered capable of detecting irregularities, including fraud

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above and on the Financial Reporting Council’s website, to detect material misstatements in respect of irregularities, including fraud.

We obtain and update our understanding of the entity, its activities, its control environment, and likely future developments, including in relation to the legal and regulatory framework applicable and how the entity is complying with that framework. Based on this understanding, we identify and assess the risks of material misstatement of the financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. This includes consideration of the risk of acts by the entity that were contrary to applicable laws and regulations, including fraud.

In response to the risk of irregularities and non-compliance with laws and regulations, including fraud, we designed procedures which included:

Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and transactions reflected in the financial statements, as we will be less likely to become aware of instances of non-compliance. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations, or the override of internal control.

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ENERGISE ME

STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT

FOR THE YEAR ENDED 31 MARCH 2025

Unrestricted
Restricted
funds
funds
2025
2025
Notes
£
£
Income and endowments from:
Donations and
legacies
3
985
1,697,605
Investments
4
29,135
-
Other income
49,213
37,414
Total income
79,333
1,735,019
Expenditure on:
Charitable activities
5
193,157
1,568,358
Net gains/(losses) on
investments
11
(8,135)
-
Net (outgoing)/incoming
resources before
transfers
(121,959)
166,661
Gross transfers
between funds
12
40,226
(40,226)
Net movement in funds
(81,733)
126,435
Fund balances at 1 April
2024
1,854,225
374,536
Fund balances at 31
March 2025
1,772,492
500,971		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
1,698,590
17,000
1,282,057
29,135
38,627
-
86,627
49,569
44,103
1,814,352
105,196
1,326,160
1,761,515
100,425
1,389,452
(8,135)
64,058
-
44,702
68,829
(63,292)
-
(16,541)
16,541
44,702
52,288
(46,751)
2,228,761
1,801,937
421,287
2,273,463
1,854,225
374,536		 Total
2024
£
1,299,057
38,627
93,672
Donations and
legacies
3
Investments
4
Other income
Total income
Expenditure on:
Charitable activities
5
Net gains/(losses) on
investments
11
Net (outgoing)/incoming
resources before
transfers
Gross transfers
between funds
12
Net movement in funds
Fund balances at 1 April
2024
Fund balances at 31
March 2025
1,431,356
1,489,877
64,058
5,537
-
5,537
2,223,224
2,228,761

The statement of financial activities includes all gains and losses recognised in the year.

All income and expenditure derive from continuing activities.

ENERGISE ME BALANCE SHEET ASAT31 MARCH 2025 2025 2024 Flx•d Tangible 8Sgels Investments 13 14 38,175 544,015 16.630 552.150 582.190 568,780 DebtoryJ Cash at b&nk and h hand 15 167.856 1.728.529 133.774 1,628,291 1.896,385 1.762,IX5 Credltors: ￿QuI￿% falllng du• wSthln vne ye 16 1205,112) 1102,0841 Net ojrrènt assèts 1.691.273 1.659.981 Tot•1 a$••ts l••¥ ¢umt liabililiBa 2.2714&3 2,228,761 Income fvnds Reslrictad fvnds Deslgnatsd fijnds Gernral ￿r¢striCtsd fund$ 17 500,971 374.536 725.295 1.047.197 854,135 1.000,090 1,772,492 1.854.225 2.2n,463 2.228,781 The fi talemenls were approved by tho TnJsts85 ¢YI.... ... . . .... . Dr Pwl IYHJlloran Tru¥t•• ?3-

ENERGISE ME

STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 MARCH 2025

Notes
Cash flows from operating activities
Cash generated from/(absorbed by)
operations
23
Investing activities
Purchase of tangible fixed assets
Investment income received
Net cash (used in)/generated from
investing activities
Net cash used in financing activities
Net increase/(decrease) in cash and cash
equivalents
Cash and cash equivalents at beginning of year
Cash and cash equivalents at end of year		 2025
£
£
105,513
(34,410)
29,135
(5,275)
-
100,238
1,628,291
1,728,529		 2024
£
£
(365,478)
(8,241)
38,627
30,386
-
(335,092)
1,963,383
1,628,291

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

Charity information

Energise Me is a Charitable Incorporated Organisation, incorporated in England and Wales, and consequently does not have share capital. Each of the trustees are liable to contribute an amount not exceeding £Nil towards the assets of the charity in the event of liquidation. The principal office address is Athelstan House, St Clement Street, Winchester, SO23 9DR.

1.1 Accounting convention

The financial statements have been prepared in accordance with the charity's Constitution, the Charities Act 2011, FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the Charities SORP "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). The charity is a Public Benefit Entity as defined by FRS 102.

The financial statements are prepared in sterling, which is the functional currency of the charity. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of investments at fair value. The principal accounting policies adopted are set out below.

1.2 Going concern

At the time of approving the financial statements, the trustees have a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future. Thus the trustees continue to adopt the going concern basis of accounting in preparing the financial statements.

During 2022, Energise Me was awarded a 5 year grant agreement with Sport England and a 3 year grant agreement with Arts Council England, which provides some financial security for Energise Me through to 2027. In October 2025, a further 3 year grant agreement with Arts Council England was approved in principle.

1.3 Charitable funds

Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.

Designated funds comprise funds which have been set aside at the discretion of the trustees for specific purposes, these remain part of the unrestricted funds of the charity. The purposes and uses of the designated funds are set out in the notes to the financial statements.

Restricted income funds are those donated for use in a particular area or for specific purposes, the use of which is restricted to that area or purpose.

1.4 Income

Income is recognised when the charity is legally entitled to it after any performance conditions have been met, the amounts can be measured reliably, and it is probable that income will be received.

Donations are recognised when the charity has been notified in writing of both the amount and settlement date. In the event that a donation is subject to conditions that require a level of performance by the charity before the charity is entitled to the funds, the income is deferred and not recognised until either those conditions are fully met, or the fulfilment of those conditions is wholly within the control of the charity and it is probable that these conditions will be fulfilled in the reporting period.

Cash donations are recognised on receipt. Other donations are recognised once the charity has been notified of the donation, unless performance conditions require deferral of the amount.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

Deferred income represents amounts received for future periods and is released to incoming resources in the period for which it has been received. Such Income is only deferred when: - The donor specifies that the grant or donation must only be used in the future accounting periods; or

1.5 Expenditure

Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement, and the amount of the obligation can be measured reliably.

Expenditure is classified by activity. The costs of each activity are made up of the total of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocated directly to that activity. Shared costs which contribute to more than one activity and support costs which are not attributable to a single activity are apportioned between those activities on a basis consistent with the use of resources. Central staff costs are allocated on the basis of time spent, and depreciation charges are allocated on the portion of the asset’s use.

Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.

Grants payable are payments made to third parties in the furtherance of the charitable objectives of Energise Me. In the case of an unconditional grant offer this is accrued once the recipient has been notified of the grant and have returned a signed grant agreement. The notification gives the recipient a reasonable expectation that they will receive the grant. Grant awards that are subject to the recipient fulfilling performance conditions are only accrued when the recipient has been notified of the grant and any remaining unfulfilled conditions attaching to the grant is outside of the control of the organisation.

Provisions for Grants are made when when the intention to make a grant has been communicated to the recipient but there is uncertainty about either the timing of the grant or the amount of grant payable.

Governance costs include the costs attributable to the charity's compliance with constitutional and statutory requirements, including audit, strategic management and trustees' meetings and reimbursed expenses.

1.6 Tangible fixed assets

Tangible fixed assets are initially measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers and furniture

33.33% Straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in the statement of financial activities.

1.7 Fixed asset investments

Fixed asset investments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in net income/(expenditure) for the year. Transaction costs are expensed as incurred.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.8 Impairment of fixed assets

At each reporting end date, the charity reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any).

1.9 Cash and cash equivalents

Cash and cash equivalents include cash in hand, deposits held at call with banks, and other short-term liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

1.10 Financial instruments

The charity has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the charity's balance sheet when the charity becomes party to the contractual provisions of the instrument.

Basic financial assets

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is establised when there is objective evidence that the charity will not be able to collect all amounts due according to the original terms of the receivables.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of operations from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the charity’s contractual obligations expire or are discharged or cancelled.

1.11 Taxation

The charity is considered to pass the tests set out in Paragraph 1 Schedule 6 of the Finance Act 2010 and therefore it meets the definition of a charitable company for UK corporation tax purposes. Accordingly, the charity is potentially exempt from taxation in respect of income or capital gains received within categories covered by Chapter 3 Part 11 of the Corporation Tax Act 2010 or Section 256 of the Taxation of Chargeable Gains Act 1992, to the extent that such income or gains are applied exclusively to charitable purposes.

1.12 Employee benefits

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

1 Accounting policies

(Continued)

1.13 Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due and the charity has no legal or constructive obligation to pay further contributions.

Certain members of staff are members of the Hampshire County Council's Local Government Pension Scheme, a defined benefit pension scheme. It is not possible in the normal course of events to identify the share of individual assets and liabilities belonging to participating employers. Accordingly, due to the nature of the scheme, the accounting charge for the period represents the employer contribution payable based on amounts advised by Hampshire County Council.

2 Critical accounting estimates and judgements

In the application of the charity’s accounting policies, the trustees are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3 Donations and legacies

Unrestricted
Restricted
funds
funds
2025
2025
£
£
Donations and gifts
735
96
Grants
250
1,665,877
Donated goods and
services
-
31,632
985
1,697,605
Grants receivable for
core activities
Sport England
-
1,184,701
Local Authority
-
25,000
Arts Council
-
384,486
Other
250
71,690
250
1,665,877		 Total
Unrestricted
Restricted
funds
funds
2025
2024
2024
£
£
£
831
-
-
1,666,127
17,000
1,250,779
31,632
-
31,278
1,698,590
17,000
1,282,057
1,184,701
-
830,985
25,000
17,000
51,000
384,486
-
312,207
71,940
-
56,587
1,666,127
17,000
1,250,779		 Total
2024
£
-
1,267,779
31,278
1,299,057
830,985
68,000
312,207
56,587
1,267,779

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

3 Donations and legacies

(Continued)

Donated goods and services

Donated goods and services relate to gifts-in-kind received by Energise Me in the period. The donated goods and services are recognised as income at fair value, with a corresponding amount recognised as charitable expenditure. Gifts-in-kind in 2025 include £19,882 relating to the "Culture in Common" project (2024: £19,528) and £11,750 relating to "The Agency Battersea Arts Centre" project (2024: £11,750).

4 Investments

**Unrestricted ** Unrestricted
funds funds
2025 2024
£ £
Interest receivable 29,135 38,627
Charitable activities
Charitable
Charitable
Expenditure Expenditure
2025 2024
£ £
Direct charitable expenditure 357,405 402,378
Grant funding of activities (see note 6) 254,259 193,419
Share of support costs (see note 7) 1,135,097 879,577
Share of governance costs (see note 7) 14,754 14,503
1,761,515 1,489,877
Analysis by fund
Unrestricted funds 193,157 100,425
Restricted funds 1,568,358 1,389,452
1,761,515 1,489,877

5 Charitable activities

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

6 Grants payable

Charitable Charitable
Expenditure Expenditure
2025 2024
£ £
Grants to institutions:
Artsreach 21,534 21,260
SPUD - 13,000
Waterside Arts 16,930 12,000
National Literacy Trust - 10,000
ArtfulScribe 11,450 -
Coda Music And Arts Trust 13,525 -
Pompey in the Community 15,000 -
Portsmouth City Council 10,000 -
Southampton Youth Voice Project 30,000 -
The Countryside Education Trust 15,000 -
Other 114,631 93,585
248,070 149,845
Grants to individuals (19 grants) 6,189 43,574
254,259 193,419

A full list of grants to institutions have been included as an appendix to the accounts.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

7 Support costs

Staff costs
Depreciation
Advertising
Bank charges
Computer running costs
Travel and subsistence
Rent and rates
Printing, postage and
stationary
Office managment &
charitable donations
Insurance
Staff training and
recruitment
Subsciptions
Audit fees
Payroll & accountancy
fees
Legal fees
Trustee expenses
Analysed between
Charitable activities		 Support
costs
Governance
costs
£
£
899,749
-
12,865
-
29,301
-
1,368
-
29,444
-
27,020
-
40,505
-
17,542
-
16,936
-
7,760
-
19,455
-
33,152
-
-
12,544
-
-
-
2,002
-
208
1,135,097
14,754
1,135,097
14,754		 2025
£
899,749
12,865
29,301
1,368
29,444
27,020
40,505
17,542
16,936
7,760
19,455
33,152
12,544
-
2,002
208
1,149,851
1,149,851		 Support
costs
Governance
costs
£
£
733,312
-
5,757
-
30,336
-
1,055
-
17,475
-
14,745
-
23,590
-
9,153
-
10,392
-
8,179
-
14,931
-
10,652
-
-
8,700
-
3,653
-
2,000
-
150
879,577
14,503
879,577
14,503		 2024
£
733,312
5,757
30,336
1,055
17,475
14,745
23,590
9,153
10,392
8,179
14,931
10,652
8,700
3,653
2,000
150
894,080
894,080

8 Auditor's remuneration

Fees payable to the charity's auditor and associates:
Audit of the charity's annual accounts
Non-audit services
All other non-audit services		 2025
£
7,625
3,485		 2024
£
7,250
3,653

9 Trustees

None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

10 Employees

The average monthly number of employees during the year was:

Employment costs
Wages and salaries
Social security costs
Other pension costs		 2025
Number
21
2025
£
786,205
75,372
38,172
899,749		 2024
Number
17
2024
£
645,829
60,581
26,902
733,312

Energise Me operates three pension schemes. As at 31 March 2024 5 employees (2024 - 5), who were transferred under TUPE conditions, participate in the Hampshire Local Government Pension Scheme. 18 employees (2024 - 14) participate in the Defined Contribution Pension Scheme managed by the Creative Pension Trust. 1 employee participates in the Prudential AVC plan.

Under the terms of the commercial transfer agreement signed in October 2016, Hampshire County Council acts as guarantor to Energise Me's liability to the Local Government Pension Scheme for staff who were transferred under TUPE conditions. This is set out within the commercial transfer agreement.

Total employee benefits, including employer pension contributions and national insurance, of the key management personnel of the charity were £387,519 (2024 - £389,736).

There were no employees whose annual remuneration was more than £60,000.

In 2024, there were no employees whose annual remuneration was more than £60,000.

11 Net gains/(losses) on investments

Unrestricted Unrestricted Unrestricted Unrestricted
funds funds
2025 2024
£ £
Revaluation of investments (8,135) 64,058

12 Transfers

Total transfers between restricted and unrestricted funds in the year were £40,226 (2024: £16,540). Transfers are made from restricted funds when projects have ceased or permitted the release of restricted funds. The following transfers took place:

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

13 Tangible fixed assets
Computers and furniture
£
Cost
At 1 April 2024 40,202
Additions 34,410
Disposals (4,537)
At 31 March 2025 70,075
Depreciation and impairment
At 1 April 2024 23,572
Depreciation charged in the year 12,865
Eliminated in respect of disposals (4,537)
At 31 March 2025 31,900
Carrying amount
At 31 March 2025 38,175
At 31 March 2024 16,630
14 Fixed asset investments
Listed
investments
£
Cost or valuation
At 1 April 2024 552,150
Valuation changes (8,135)
At 31 March 2025 544,015
Carrying amount
At 31 March 2025 544,015
At 31 March 2024 552,150

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

15
Debtors
Amounts falling due within one year:
Trade debtors
Other debtors
Prepayments and accrued income
16
Creditors: amounts falling due within one year
Other taxation and social security
Trade creditors
Accruals		 2025
£
37,275
8,415
122,166
167,856
2025
£
1,656
54,605
148,851
205,112		 2024
£
35,289
-
98,485
133,774
2024
£
847
19,973
81,264
102,084

Included with accruals above are grants payable of £nil (2024 - £2,834).

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

The income funds of the charity include restricted funds comprising the following unexpended balances of donations and grants held on trust for specific purposes:

Balance at
1 April 2023
£
Sport England funds
School Games
82,432
Social Prescribing
-
Satellite Clubs
3,553
Tackling Inequalities
69,125
Core Services
44,738
Active Lives
6,693
Sport Welfare Officers
-
Moving Communities
-
Southampton Place Development
-
Portsmouth Place Development
-
Total Sport England funds
206,541		 Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
1 April 2024
£
£
£
£
90,000
(116,227)
-
56,205
25,949
(35,765)
16,540
6,724
(9,502)
5,949
-
-
(21,335)
(47,790)
-
-
671,474
(619,130)
-
97,082
19,800
(22,174)
-
4,319
54,600
(9,240)
-
45,360
-
-
-
-
-
-
-
-
-
-
-
-
830,986
(844,377)
16,540
209,690		 Movement in funds
Incoming
resources
Resources
expended
Transfers
31
£
£
£
90,000
(104,304)
-
-
(6,724)
-
-
-
-
-
-
-
671,473
(642,071)
-
19,800
(21,955)
-
109,427
(93,724)
-
26,400
(26,400)
-
162,187
(42,703)
-
105,414
(32,795)
-
1,184,701
(970,676)
-		 Balance at
March 2025
£
41,901
-
-
-
126,484
2,164
61,063
-
119,484
72,619
423,715

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

17 Restricted funds

(Continued)

Balance at
1 April 2023
£
Local Authority funds
HCC - Talented Athlete Scheme
35,722
HCC - Coaches, Officials & Volunteers
25,573
SCC - The Agency
10,000
NFDC - Culture in Common
-
TVBC - Ukranian Yoga
-
NFNPA - Culture in Common
-
HCC - PACC
-
Total Local Authority funds
71,295
Other funds
Arts Council England - Culture in Common
143,451
Other
-
Total Other funds
143,451
Total Restricted funds
421,287		 Movement in funds
Incoming
resources
Resources
expended
Transfers
Balance at
1 April 2024
£
£
£
£
42,210
(44,913)
-
33,019
11,000
(13,623)
-
22,950
-
(7,488)
-
2,512
15,000
(15,000)
-
-
2,420
(1,867)
-
553
2,500
-
-
2,500
-
-
-
-
73,130
(82,891)
-
61,534
312,207
(366,734)
-
88,924
109,838
(95,450)
-
14,388
422,045
(462,184)
-
103,312
1,326,161
(1,389,452)
16,540
374,536		 Movement in funds
Incoming
resources
Resources
expended
Transfers
31
£
£
£
-
(12,142)
(20,877)
-
(3,601)
(19,349)
-
(2,512)
-
17,000
-
-
-
(44)
-
-
(2,500)
-
25,000
-
-
42,000
(20,799)
(40,226)
384,486
(469,063)
-
123,832
(107,820)
-
508,318
(576,883)
-
1,735,019
(1,568,358)
(40,226)		 Balance at
March 2025
£
-
-
-
17,000
509
-
25,000
42,509
4,347
30,400
34,747
500,971

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

18 Designated funds

The income funds of the charity include the following designated funds which have been set aside out of unrestricted funds by the trustees for specific purposes:

Movement in funds Movement in funds
Balance at Resources Balance at Incoming Resources Balance at
1 April 2023 expended 1 April 2024 resources expended 31 March 2025
£ £ £ £ £ £
Designated funds 918,066 (63,931) 854,135 29,135 (157,975) 725,295
918,066 (63,931) 854,135 29,135 (157,975) 725,295
In December 2021, trustees approved a new business plan for 2022-2027 aligning with the We Can Be Active
strategy. Trustees committed £1.0m over the 5 years of the strategy to support the following areas of work:
1) Positive early experiences for children and young people
2) Support to get started
3) Places & travel routes
4) Bold leaders working together
5) Understanding people & place
6) Promoting physical activity
Analysis of net assets between funds
Unrestricted Restricted Total Unrestricted Restricted Total
funds funds funds funds
2025 2025 2025 2024 2024 2024
£ £ £ £ £ £
Fund balances at 31
March 2025 are
represented by:
Tangible assets - 38,175 38,175 - 16,630 16,630
Investments 544,015 - 544,015 552,150 - 552,150
Current assets/(liabilities) 1,228,477 462,796 1,691,273 1,302,075 357,906 1,659,981
1,772,492 500,971 2,273,463 1,854,225 374,536 2,228,761

In December 2021, trustees approved a new business plan for 2022-2027 aligning with the We Can Be Active strategy. Trustees committed £1.0m over the 5 years of the strategy to support the following areas of work:

19 Analysis of net assets between funds

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

20 Public Funding

Public Funding
Sport England Local Authority Arts Council Other Non-public Income Total
Donations & Legacies 1,184,701 25,000 384,486 71,690 1,081 1,666,958
Investments - - - - 29,135 29,135
Other Income 227 41,870 - 29,287 15,243 86,627
Gifts in Kind - - - 11,750 19,882 31,632
Total income 1,184,928 66,870 384,486 112,727 65,341 1,814,352
Bank charges 1,127 - - 11 230 1,368
Charitable donations - - - - - -
Depreciation 11,320 - 616 - 929 12,865
Direct 112,804 14,011 130,598 55,152 44,840 357,405
Gain/loss on investment - - - - 8,135 8,135
Governance 14,754 - - - - 14,754
Grant funding 58,000 3,492 187,767 - 5,000 254,259
Insurance 7,760 - - - - 7,760
IT Support 22,118 1,051 3,304 296 2,675 29,444
Marketing 9,934 4,056 13,911 1,250 150 29,301
Office 12,901 55 2,045 1,361 574 16,936
Printing 3,232 913 12,859 340 198 17,542
Rent 32,895 - - - 7,610 40,505
Salaries 623,638 35,618 111,336 23,302 105,855 899,749
Staff training 15,352 - - 3,907 196 19,455
Subscriptions 6,627 - 108 26,400 17 33,152
Travel 11,814 541 9,019 3,303 2,343 27,020
Total expenditure 944,276 59,737 471,563 115,322 178,752 1,769,650
Net income 240,652 7,133 (87,077) (2,595) (113,411) 44,702

A cash received and deferred grant reconciliation is not included in the accounts as all cash from grants received in the year has been recognised as income during the year.

ENERGISE ME

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025

21 Operating lease commitments

At the reporting end date the charity had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Within one year
Between two and five years		 2025
£
34,610
120,431
155,041		 2024
£
950
3,616
4,566

The expense recognised in relation to operating leases in the year was £32,855 (2024: £23,590).

22 Related party transactions

Related party transactions in the year were as follows:

Rent of £nil (2024: £23,590) was paid to Community Action Hampshire, a related party due to a member of Energise Me's key management being a director of Community Action Hampshire.

Amounts of £35,143 (2024: £26,959) were received from Active Partnerships in relation to work performed by Energise Me employees. Active Partnerships is a related party due to a member of Energise Me's key management being a director of Active Partnerships.

23
Cash generated from operations
Surplus for the year
Adjustments for:
Investment income recognised in statement of financial activities
Fair value gains and losses on investments
Depreciation and impairment of tangible fixed assets
Movements in working capital:
(Increase) in debtors
Increase/(decrease) in creditors
Cash generated from/(absorbed by) operations
24
Analysis of changes in net funds
The charity had no debt during the year.		 2025
2024
£
£
44,702
5,537
(29,135)
(38,627)
8,135
(64,058)
12,865
5,757
(34,082)
(100,112)
103,028
(173,975)
105,513
(365,478)		 2025
2024
£
£
44,702
5,537
(29,135)
(38,627)
8,135
(64,058)
12,865
5,757
(34,082)
(100,112)
103,028
(173,975)
105,513
(365,478)