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2023-12-31-accounts

Trustees’ Annual Report for the period

From 1[st] January 2023 To 31[st] Dec 2023

Charity name: Sustainable Charlbury CIO

Charity registration number: 1177404

Objectives and Activities

SORP reference
Summary of the purposes of
the charity as set out in its
governing document
Para 1.17 The objects of Sustainable Charlbury (SusCha) are
to promote the advancement of environmental
protection or improvement for the benefit of the
public in particular but not exclusively, within 25
miles of Charlbury OX7 3EW, by promoting the
deployment of sustainable energy, promoting
education in climate change, reducing energy
demand and carbon emissions and making grants to
such organisations as the Trustees shall see fit in
order to promote and encourage the development of
a sustainable energy system.
Summary of the main
activities in relation to those
purposes for the public
benefit, in particular, the
activities, projects or
services identified in the
accounts.
Para 1.17 and
1.19
During 2023 SusCha were involved in many
community projects and granted over £42k of funds.
Here is a summary of the funding made by SusCha:
Community Buildings - Energy Efficiency

SusCha continued to supportCharlbury
Bowls Clubon their journey towards making
their clubhouse a net-zero carbon building.
Grants were made to fund energy efficient
windows, doors, appliances and a cycle rack.
(£7,033)

Insulation upgrade of theCharlbury
Community Workshop(£2788)

Assessment and Whole Building Plan for the
Corner House. This was as initial step in
the project to retrofit this community building
(£1104)

Building improvements ofCharlbury
Preschool - insulation, double glazing and
LED lighting (£8017)
Education

Wildlife and ecology programme atChipping
Norton School(£880)

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Pollinator workshop atCharlbury Primary
School(£1713)
Community Engagement

Pilot performance costs for 'Nor any drop to
drink' by Waywood Song (£2000)
Land & Nature / Biodiversity

Mill Fieldwild meadow restoration (to be
paid over 2/3 years, this year £980)

Replacement equipment forOxford
Conservation Volunteers(£1000)
Home Comforts Project
In 2022 we received a grant of £21,000 from the
Evenlode Foundation to fund the “Home Comforts
Project”. During 2023 this project was led by the
town councils’ Buildings Working Group and
surveyed a range of typical houses in the town, to
give a holistic view of what is required to retrofit the
whole town. £16,490 of funds were granted to fund
this, with the balance of £4510 reserved to complete
the project in 2024..
Book
We have continued to promote and sell our book
“Power to the People - The Story of Southill Solar”,
which we self-published in 2022. This tells the story
of how our small town in the Cotswolds came
together to create a community-owned and
controlled solar farm.
We made sales of £145 in 2023, and will continue to
sell the remaining stock in 2024 to recoup some of
the costs.
Statement confirming
whether the trustees have
had regard to the guidance
issued by the Charity
Commission on public
benefit
Para 1.18 The trustees have had regard to the guidance
issued by the Charity Commission on public benefit.

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Additional information (optional)

You may choose to include further statements where relevant about:

SORP reference
Policy on grant making Para 1.38 Invitations for community environmental projects are
invited on an ongoing basis. Appropriately
constituted groups may submit an application for
funding assistance on projects that fall within the
following activities or similar in intent:

Co-operation

Education

Energy

Health

State of Infrastructure

Transport

Biodiversity
Policy on social investment
including program related
investment
Para 1.38
Contribution made by
volunteers
Para 1.38
Other

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Achievements and Performance

SORP reference
Summary of the main
achievements of the charity,
identifying the difference the
charity’s work has made to
the circumstances of its
beneficiaries and any wider
benefits to society as a
whole.
Para 1.20 The following projects were supported, by the award
of funding:

Charlbury Bowls Club, helping to make the
building carbon-neutral.

Charlbury Primary School, to run a nature and
sustainability programme.

Finstock for Nature, to establish a community
orchard.
SusCha worked with stakeholders from the following
community buildings to make more energy efficient
and support their path to net-zero:

Charlbury Bowls Club

Charlbury Community Workshop

Corner House

Charlbury Preschool
Education Programmes were funded at Chipping
Norton School and Charlbury Primary School, both
promoting ecology and biodiversity.
SusCha funded a pilot performance of 'Nor any drop
to drink' by Waywood Song
SusCha gave financial support to Oxford
Conservation Volunteers to purchase new equipment,
to help them with theirpractical work.
Partnering with the Town Council SusCha
committed to a 3 year programme to fund wild
meadow restoration of the Mill Field.
SusCha also supported the Town Council with the
Home Comforts Project. This gave a holistic view of
what is required to retrofit the whole town.

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Additional information (optional)

You may choose to include further statements where relevant about:

Achievements against
objectives set
Para 1.41
Performance of fundraising
activities against objectives
set
Para 1.41 Sustainable Charlbury received grant funding of
£30,000 in the year from Southill Solar, a local
Community Investment Company, with the goal for
distribution to local projects in accordance with its
charitable objectives. This is our primary source of
funds.
Investment performance
against objectives
Para 1.41 Sustainable Charlbury has £40k in a 95 day notice
bank account account, otherwise no invested funds.
Other

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5

Financial Review

Financial Review
Review of the charity’s
financial position at the end
of the period
Para 1.21 A small surplus of £357 on unrestricted funds and a
remaining balance of £61,604 on restricted funds.
Statement explaining the
policy for holding reserves
stating why they are held
Para 1.22 We have no general policy of holding reserves,
though are currently running at a surplus, so in
October ‘23 we moved surplus to a NatWest 95 day
notice account, which yields 4.25% AER.
Amount of reserves held Para 1.22 £40,000
Reasons for holding zero
reserves
Para 1.22 We are currently engaged with community building
stakeholders who are planning retrofit measures, so
expect large grant applications during 2024/25.
Details of fund materially in
deficit
Para 1.24
Explanation of any
uncertainties about the
charity continuing as a going
concern
Para 1.23 There are no uncertainties about the charity
continuing as a going concern.

Additional information (optional)

You may choose to include further statements where relevant about:

The charity’s principal
sources of funds (including
any fundraising)
Para 1.47 Southill Solar
Investment policy and
objectives including any
social investment policy
adopted
Para 1.46
A description of the principal
risks facing the charity
Para 1.46
Other

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Structure, Governance and Management

Description of charity’s
trusts:
Type of governing document
(trust deed, royal charter)
Para 1.25 Constitution
How is the charity
constituted?
(e.g unincorporated
association, CIO)
Para 1.25 Charitable Incorporated Organisation (CIO)
Trustee selection methods
including details of any
constitutional provisions e.g.
election to post or name of
any person or body entitled
to appoint one or more
trustees
Para 1.25 Appointed by Trustees

Additional information (optional) You may choose to include further statements where relevant about:

Policies and procedures
adopted for the induction
and training of trustees
Para 1.51
The charity’s organisational
structure and any wider
network with which the
charity works
Para 1.51
Relationship with any
related parties
Para 1.51
Other

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Reference and Administrative details

Charity name Sustainable Charlbury
Other name the charity uses SusCha
Registered charity number 1177404
Charity’s principal address Sharenergy, The Pump House, Coton Hill, Shrewsbury, SY1 2DP

Names of the charity trustees who manage the charity

Trustee name Office (if any) Dates acted if not for whole year Name of
person (or
body) entitled
to appoint
trustee (if
any)
1 Tim Crisp Chair Trustee
2 Gareth Epps Trustee
3 Hugh Goyder Trustee
4 Sean Hosking Treasurer
5 Liz Reason Trustee
6 Mark Gregory Trustee
7 Louise Nemeshanyi Trustee Joined July 23
8
9
10
11
12
13
14
15
18

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– Corporate trustees names of the directors at the date the report was approved

Director name None

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year
None

Funds held as custodian trustees on behalf of others

Description of the assets
held in this capacity
None
Name and objects of the
charity on whose behalf the
assets are held and how this
falls within the custodian
charity’s objects
Details of arrangements for
safe custody and
segregation of such assets
from the charity’s own assets

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Additional information (optional)

Names and addresses of advisers (Optional information)

Type of
adviser
Name
Address
Type of
adviser
Name
Address
Type of
adviser
Name
Address
None
Name of chief executive or names of senior staff members (Optional information)
None

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

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Declaratlons 8Wn(s) /I￿￿T￿y Po•hlw i•9 8•¢i•twy. Ch, •lcl 2Z/af/ 2DI* 11 310•¢ 2023

Sustainable Charlbury Sustainable Charlbury Sustainable Charlbury Sustainable Charlbury Sustainable Charlbury No. 1177404 No. 1177404 CC16a
Receipts andpayments accounts
For the period
from
Period start date To Period end date
1st Jan 23 31st Dec 23
Section A Receipts and payments
Unrestricted
funds
Restricted funds Endowment
funds
Total funds Last year
to the nearest £ to the nearest £ to the nearest £ to the nearest £ to the nearest £
A1 Receipts
Grants - 0 30,000 - 30,000 41,000
Donations - 0 - - - -
Sales(book) 145 - - 145 146
Interest 339 - - 339 -
- 0 - - - -
- 0 - - - -
- 0 - - - -
- 0 - - - -
Sub total_(Gross income for AR) _
484
30,000 - 30,484 41,146
A2 Asset and investment sales,
(see table).
- 0 - 0 - 0 -
- 0 - 0 - 0 - - 0
Sub total
- 0
- 0 - 0 - - 0
**Total receipts **
484
30,000 - 0 30,484 41,146
A3 Payments
Grants - 42,005 - 42,005 14,129
Admin & IT 427 - - 427 60
Insurance - - - - -
Room hire - - - - -
Book postage 10 - - 10 8
Book production - - - - 3,737
- - - - -
- - - - -
- - - - -
**Sub total **
437
42,005 - 42,442 17,934
A4 Asset and investment
purchases,(see table)
- 0 - 0 - 0 -
- 0 - 0 - 0 -
**Sub total **
- 0
- 0 - 0 - - 0
**Totalpayments **
437
42,005 - 0 42,442 17,934
**Net of receipts/(payments) **
47
-
12,005
- -
11,958
23,212
A5 Transfers between funds - 0 - - - -
A6 Cash funds lastyear end 310 73,609 - 73,919 50,706
**Cash funds thisyear end **
357
61,604 - 61,961 73,918

CCXX R1 accounts (SS)

02/04/2023

1

Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period Section B Statement of assets and liabilities at the end of the period
Categories Details Unrestricted
funds
Restricted funds Endowment
funds
to nearest £ to nearest £ to nearest £
B1 Cash funds 357 61,604 -
- - -
- - -
Total cash funds 357 61,604 -
(agree balances with receipts and payments
account(s))
OK OK
Unrestricted
funds
Restricted funds Endowment
funds
Details to nearest £ to nearest £ to nearest £
B2 Other monetary assets - - -
- - -
- - -
- - -
- - -
- - -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B3 Investment assets - -
- -
- -
- -
- -
Details Fund to which asset
belongs
Cost (optional) Current value
(optional)
B4 Assets retained for the
charity’s own use
- -
- -
- -
- -
- -
- -
- -
- -
- -
Details Fund to which
liability relates
Amount due
(optional)
When due
(optional)
B5 Liabilities -
-
-
-
-
Signed by one or two trustees on behalf
of all the trustees
Signature Print Name Date of approval

CCXX R2 accounts (SS)

02/04/2023

2

CHARITY COMMISSION FOR ENGLAND AND WALES Independent examiner's report on the accounts Section A Independent Exarniner's Report Report to the trusteesl members of SUSTAINABLE CHARLBURY On accounts for the year ended 31 DECEMBER 2023 Charity no lif any) 1177404 Set out on pages I report to the trustees on my examination of the accounts of the above charity (Jhthugn for the year ended 3 1 1 I lul. Responsibllftles and As the charity trustees of the Trust, you are responsible for the preparation basis of report of the accounls in accordance with the requirements of the Charities Act 2011 1.the Act.). I report in respect of my examination of the Trust's accounts carried out under section 145 of the 2011 Act and in carrying out my examinalion, I have followed the applicable Directions given by the Charity Commission under section 14515){bl of the Act. I have completed my examinalion. I confimi that no material matters have come to my attention I ') in connection with the examination which gives me cause to believe that in. any material respect.. accounting records were not kept in accordance wilh section 130 of the Act or the accounts do not accord with the accounting records Independent examiner's statement I have no COn￿rn$ and have come across no other matters in connection with the examination to which attention should be drawn in order to enable a proper understanding of the accounts lo be reached. Please delefe the words in the brackets if they do not apply. Signed: Date: 2810812024 Name: Alice Brander Relèvant professlonal quallllcation(s) or body lif any): CIPFA Iretiredl Address: 16 Sandford Park Charlbury OX7 3TH IER October 2018

Section B Disclosure Only complete if the examiner needs to highlight matters of concern (see CC32, Independent examination of charity accounts.. directions and guidance for examiners). Give here brlef details of any items that the examiner wlshes to dlsclose. There were no matters of concem for the accounts of Sustainable Charlbury CIO for year ending 31 December 2023. IER October 2018