| Page | |||||||
|---|---|---|---|---|---|---|---|
| Trustees' | annual report (incorporating |
the | directors' | report) | |||
| Independent examiner's report |
to the | trustees | |||||
| Statement | offinancial | activities | (including | income and expenditure | |||
| account) | |||||||
| Statement | offinancial | position | |||||
| Notes to the financial | statements |
| Year ended | Year ended | 31 | Dec | ember 2021 | ember 2021 | ember 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| The trustees, | who | are | also the directors for the |
purposes | of company | law, | present | their | report | and | the | ||||
| unaudited | financial statements | ofthe charity for the | year ended | 31 December | 2021. | ||||||||||
| Reference | and administrative | details | |||||||||||||
| Registered | charity | name | The Festival | Energy Revolution | T/A Ecolibrium | ||||||||||
| Charity registration | number | 1171961 | |||||||||||||
| Company | registration | number | 09727842 | ||||||||||||
| Principal office and registered | 34 Portland | Square | |||||||||||||
| office | Bristol | ||||||||||||||
| BS28RG | |||||||||||||||
| UK | |||||||||||||||
| The trustees | R F Bond | ||||||||||||||
| E R Gillespie | |||||||||||||||
| CSJohnson | |||||||||||||||
| C M Frey-Mills | |||||||||||||||
| BD Robinson | |||||||||||||||
| C Rutherford | |||||||||||||||
| T Smallwood | |||||||||||||||
| 0Stroud | |||||||||||||||
| EJWarwick | |||||||||||||||
| GJ Brown | |||||||||||||||
| GJ D Macvoy | |||||||||||||||
| W Lee | |||||||||||||||
| Independent | examiner | Paul Cridland | FCA | ||||||||||||
| 61 Macrae Road | |||||||||||||||
| Ham Green | |||||||||||||||
| Bristol | |||||||||||||||
| BS20 ODD |
| 2021 | 2020 | |||||||
|---|---|---|---|---|---|---|---|---|
| Unrestricted | ||||||||
| funds | Total funds | Total funds | ||||||
| Note | 8 | E | 8 | |||||
| Income and endowments | ||||||||
| Donations and legacies | 5 | 27,458 | 27,458 | 76,002 | ||||
| Investment | income | 8 | 9,855 | 9,855 | 7,455 | |||
| Total income | 37,313 | 37,313 | 83,457 | |||||
| Expenditure | ||||||||
| Expenditure | on raising funds: | |||||||
| Costs | ofraising donations | and legacies | 7 | 936 | 936 | 9,442 | ||
| Expenditure | on chadtable | activities | 8 | 33,983 | 33,983 | 81,345 | ||
| Total expenditure | 34,919 | 34,919 | 90,787 | |||||
| Net income/(expenditure) | and | net movement | in funds | 2,394 | 2,394 | (7,330) | ||
| Reconciliation offunds | ||||||||
| Total funds | brought forward |
193,171 | 193,171 | 200,501 | ||||
| Total funds | carried forward | 195,565 | 195,565 | 193,171 |
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Note | f | ||||
| Fixed assets | |||||
| Programme related |
investments | 12 | 202,502 | 200,090 | |
| Current assets | |||||
| Debtors | 13 | 2,559 | 2,468 | ||
| Cash at bank and | in | hand | 27,729 | 27,827 | |
| 30,288 | 30,295 | ||||
| Creditors: amounts | falling due within one year | 14 | 18,278 | 5,056 | |
| Net current assets | 12,010 | 25,239 | |||
| Total assets less | current liabilities | 214,512 | 225,329 | ||
| Creditors: amounts | falling due after more than one year | 15 | 18,947 | 32,158 | |
| Net assets | 195,565 | 193,171 | |||
| Funds ofthe charity | |||||
| Unrestricted funds |
195,565 | 193,171 | |||
| Total charity funds | 16 | 195,565 | 193,171 |
| Unrestricted | Restricted | Total Funds | |||
|---|---|---|---|---|---|
| Funds | Funds | 2021 | |||
| 6 | 6 | ||||
| Donations | |||||
| Donations | 27,458 | 27,458 | |||
| Unrestricted | Restricted | Total Funds | |||
| Funds | Funds | 2020 | |||
| 6 | 6 | ||||
| Donations | |||||
| Donations | 15,260 | 60,742 | 76,002 | ||
| Investment | income | ||||
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||
| Funds | 2021 | Funds | 2020 | ||
| F | 6 | ||||
| Income from | cash investments | 9,855 | 9,855 | 7,455 | 7,455 |
| 7. | Costs ofraising | Costs ofraising | donations | donations | donations | and legacies | and legacies | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Unrestricted | Total Funds | Unrestricted | Total Funds | ||||||||
| Funds | 2021 | Funds | 2020 | ||||||||
| E | E | ||||||||||
| Costs ofraising | donations | and legacies- | |||||||||
| Donations | 936 | 936 | 9,442 | 9,442 | |||||||
| 8. | Expenditure | on | charitable | activities | by fund | type | |||||
| Unrestricted | Restricted | Total Funds | |||||||||
| Funds | Funds | 2021 | |||||||||
| 8 | |||||||||||
| Subcontract | costs | 22,316 | 22,316 | ||||||||
| Bank charges | 50 | 50 | |||||||||
| Donations | 9,010 | 9,010 | |||||||||
| Office costs | 387 | 387 | |||||||||
| Motor and travel | |||||||||||
| Support costs | 2,220 | 2,220 | |||||||||
| 33,983 | 33,983 | ||||||||||
| Unrestricted | Restricted | Total Funds | |||||||||
| Funds | Funds | 2020 | |||||||||
| F | f | ||||||||||
| Subcontract | costs | 17,675 | 17,675 | ||||||||
| Bank charges | (202) | (202) | |||||||||
| Donations | 694 | 60,742 | 61,436 | ||||||||
| Office costs | 360 | 360 | |||||||||
| Motor and travel | 220 | 220 | |||||||||
| Support costs | 1,856 | 1,856 | |||||||||
| 20,603 | 60,742 | 81,345 | |||||||||
| 9. | Analysis of | support | costs | ||||||||
| Governance | costs | ||||||||||
| 2021 | 2020 | ||||||||||
| 8 | 8 | ||||||||||
| Accountancy | fees | 2,220 | 1,020 | ||||||||
| Legal and professional | fees | 781 | |||||||||
| Cost oftrustees | meetings | 55 | |||||||||
| 2,220 | 1,856 |
| 2021 6 |
2020 f |
|||||
|---|---|---|---|---|---|---|
| Fees payable | to the independent | examiner | for: | |||
| Independent | examination | ofthe | financial statements | 1,440 | 1,020 |
| Programme related investments |
|||
|---|---|---|---|
| Loans | Shares | Total | |
| 6 | E | 6 | |
| Cost | |||
| At 1 Jan 2021 | 141,820 | 58,270 | 200,090 |
| Additions | 2,456 | 2,456 | |
| Disposals | (44) | (44) | |
| At 31 Dec 2021 | 141,776 | 60,726 | 202,502 |
| Impairment | |||
| 1Jan 2021 and 31Dec 2021 | |||
| Carrying amount |
|||
| At 31 Dec 2021 | 141,776 | 60,726 | 202,502 |
| At 31 Dec 2020 | 141,820 | 58,270 | 200,090 |
| 2021 | 2020 f |
||||
|---|---|---|---|---|---|
| Bank loans and overdrafts | 16,838 | 4,029 | |||
| Accruals | and deferred income |
1,440 | 1,027 | ||
| 18,278 | 5,056 | ||||
| Included | in Bank loans are | Debenture | loans ofE12,000. One loan ofE6,000 bears interest at | the Bank of | |
| England | base rate and is |
repayable | on 1 March 2022. The remainder | of the loans totalling |
F6,000 are |
| interest free and repayable | on 19December 2022. | ||||
| Creditors: amounts falling |
due after | more than one year | |||
| 2021 | 2020 | ||||
| 8 | E | ||||
| Debenture | loans | 12,000 | |||
| Bank loans and overdrafts | 18,947 | 20,158 | |||
| 18,947 | 32,158 |
| Unrestricted | funds | |||||||
|---|---|---|---|---|---|---|---|---|
| At | ||||||||
| At 1 Jan 2021 | Income | Expenditure | Transfers | 31Dec 2021 | ||||
| F | F | E | 6 | |||||
| General funds | 17,269 | 37,313 | (34,919) | (2,815) | 16,848 | |||
| Designated | donations | for | ||||||
| programme | related | |||||||
| investments | 175,902 | 2,815 | 178,717 | |||||
| 193,171 | 37,313 | (34,919) | — | 195,565 | ||||
| At 1 Jan 2020 | income | Expenditure | Transfers | Qt | 31 Dec2020 | |||
| 5 | F | E | ||||||
| General funds | 27,364 | (38,027) | 30,697 | (2,765) | 17,269 | |||
| Designated | donations | for | ||||||
| programme | related | |||||||
| investments | 173,137 | 60,742 | (60,742) | 2,765 | 175,902 | |||
| 200,501 | 22,715 | (30,045) | 193,171 |
| Analysis of net as | se | ts between funds |
||
|---|---|---|---|---|
| Unrestricted | Total Funds | |||
| Funds | 2021 | |||
| 5 | 6 | |||
| Investments | 202,502 | 202,502 | ||
| Current assets | 30,288 | 30,288 | ||
| Creditors less than | 1 | year | (18,278) | (18,278) |
| Creditors greater than | 1 year | (18,947) | (18,947) | |
| Net assets | 195,565 | 195,565 | ||
| Unrestricted | Total Funds | |||
| Funds | 2020 | |||
| E | ||||
| Investments | 200,090 | 200,090 | ||
| Current assets | 30,295 | 30,295 | ||
| Creditors less than | 1 | year | (5,056) | (5,056) |
| Creditors greater than | 1 year | (32,158) | (32,158) | |
| Net assets | 193,171 | 193,171 |