## **Fuel Poverty Research Network** ## **Registered Charity number: 1185345** **Financial Statements for the period 17 September 2019 to 28 February 2021** The Spectrum, Coke Hill, Rotherham, S60 2HX Tel: 01709 829821 Fax: 01709 829822 Email: admin@varotherham.org.uk Web: www.varotherham.org.uk ## **Fuel Poverty Research Network for the period 17 September 2019 to 28 February 2021** ||**Page**| |---|---| |Legal and administrative details|1| |Trustees' annual report|2 - 3| |Independent examiner's report|4| |Receipts and payments account|5| |Statement of assets and liabilities|6| |Notes to the accounts|7 - 8| ## **Fuel Poverty Research Network Legal and administrative information for the period 17 September 2019 to 28 February 2021** |**Registered Charity**|| |---|---| |**number:**|1185345| |(E & W)|| |**Trustees**|Dr Danielle Butler - Appointed 17 September 2019| ||Prof Aimee Ambrose - Chair, appointed 17 September 2019| ||Dr A Graeme Sherriff - Appointed 17 September 2019| ||Dr Jennifer Brierley - Secretary, appointed 17 September 2019| ||Dr Robert Marchand - Treasurer, appointed 17 September 2019| ||William Baker - Appointed 17 September 2019| ||Dr Trivess Moore - Appointed 23 April 2020| ||Marilyn Smith - Appointed 23 April 2020| |**Administrative address**|28 Walkley Crescent Road| ||Sheffield| ||S6 5BB| |**Bankers**|The Co-operative bank| ||PO Box 101| ||1 Ballon Street| ||Manchester| ||M60 4EP| |**Independent examiner**|Charlotte Phelps employee of| ||Voluntary Action Rotherham| ||The Spectrum| ||Coke Hill| ||Rotherham| ||S60 2HX| **1** ## **Fuel Poverty Research Network** ## **Trustees' annual report for the period 17 September 2019 to 28 February 2021** The trustees report on the first set of accounts to cover the period from 17 September 2019 to 28 February 2021. ## **Structure, Governance and Management** Fuel Poverty Research Network is a registered charity and was first registered with the Charity Commission on 17 September 2019. The charity has a Foundation Model Constitution as its governing document which was adopted 17 September 2019. ## **Appointment of Trustees** The maximum number of charity trustees is 10. Apart from the first charity trustees, every trustee is appointed for a term of three years by a resolution passed at a properly covened meeting. In selecting individuals for appointment as charity trustees, the charity trustees must have regard to the skills, knowledge and experience needed for the effective administration of the CIO. ## **Related Parties** There are no related party transactions. ## **Charitable Aims and Objectives** The objects of FPRN, as set out in its constitution dated 17 September 2019, are as follows: - a) To prevent or relieve fuel poverty, for the public benefit, through undertaking promoting and supporting research into factors that contribute to fuel poverty and ways to mitigate these factors, and publishing the results. - b) To advance the education of the public, for the public benefit, on the subject of fuel poverty through promoting public awareness of fuel poverty and its consequences (in particular, but not exclusively, its impact on health, poverty and the environment) and encouraging dialogue between researchers, practitioners, charities or other organisations working to prevent or relieve fuel poverty anywhere in the world. In this constitution ‘fuel poverty’ means the inability to afford or access adequate energy services. ## **Main Activities Undertaken for Public Benefit** The main activities of the charity, having regard to Charity Commission guidance on public benefit, are as follows: - Organising and delivering events to increase understanding and awareness of fuel poverty, focusing on research and practice in this field. - Supporting an online network of researchers, practitioners and policymakers, in order to strengthen links between research, practice and policy in respect of fuel poverty. - Supporting and promoting research activity related to fuel poverty, through making grants to support relevant research. **2** Fuel Poverty Research Network T￿￿te•s. Annual Report for tho period 17 September 2019 to 28 February 2021 Summary of Achlevements 2021 The main activities during the period of this report Y￿re as follows: Delivering a cO￿eren￿ titled Fuel Povety in Wales, held at Cardiff University 25-26 November 2019, involving 40 participants. Income and expenditure for this event was handled by Salford University and therefore do not appear in FPRN'S accounts. Growth of the FPRN Ji5cmail ne￿ork to approx. 200 members, UK and intemational. The network is managed by FPRN trustees at no cost. Securing a grant of £58,419 from Eaga Charitable Trust, for a two-year grant programme (EPEC) offering grants and bursaries to Early Career Researchers in the field of fuel poverty. An independent consultant Was appointed from September 2020 to manage the project. A call for research proposals for the first round of EPEC grants was issued in November 2020, with a closing date of January 2021. This attracted over 40 applications from an intemational spread of early career researchers working on projects related to fuel poverty. Planning and delivering an intemational conference- Making Decarbonisation Fair- in conjunction with ENGAGER, supported by COST (European Cooperation in Science and Technology). and with Portugal-based partners DECO and CENSE. This online Conferen￿ took plao 14 March 2021, attracting over 400 participants. FPRN was constituted in September 2019 with six inaugural trustees. A further two trustees wer8 appointed in 2020 to strengthen the committee and refiect the intemational scope of the charity's activities. Trustees met monthly during the period of this report, either in person or online, as allowed in the constitution. Future Plans Awarding and supporting the first round of EPEC grants and launching the second round in November 2021. Securing funding to extend and develop grant programmes to support fuel poverty researchers. Further growth of the online network and raising the profile of FPRN through social media. Developing a long-term strategy for the organisation. Reserves Policy The charity does not hold any reserves at this time due to income of restricted grants which is redistributed. Some work is completed on a consultancy basis, however there are no employed stsff. The trustees declare that they have approved the above report." Signed on behalf of the trustees D*.. IOIILI ZI Name and position= JENNY E£IEILEy_ SECP ETM&y/ l Ei 3 ## **Independent examiners report to the trustees of Fuel Poverty Research Network for the period 17 September 2019 to 28 February 2021** I report to the trustees on my examination of the accounts of Fuel Poverty Research Network (the charity) for the period 17 September 2019 to 28 February 2021. ## **Responsibilities and basis of report** As charity trustees of the Charity you are responsible for the preparation of the accounts in accordance with the requirements of the Charities Act 2011 ('the Act'). I report in respect of my examination of FPRN accounts carried out under section 145 of the 2011 Act and in carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the Act. ## **Independent examiners statement** I have completed my examination. I confirm that no material matters have come to my attention in connection with the examination giving me cause to believe that in any material respect: 1. accounting records were not kept in respect of the Charity as required by section 130 of the Act; or 2. the accounts do not accord with those records. I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached. Signed: Date: 13/12/2021 Charlotte Phelps Community Accountancy Voluntary Action Rotherham Ltd The Spectrum, Coke Hill Rotherham S60 2HX **4** ## **Fuel Poverty Research Network** ## **Receipts and Payments for the period 17 September 2019 to 28 February 2021** |**Incoming resources**
Grants & contracts
**2**
**Total incoming resources**
**Resources expended**
**Cost of activities in furtherance of the charity's objects**
Consultancy fees
Grants
Miscellaneous expenses
**Total expended resources**
**Net income/(deficit) for the year**
Funds brought forward
**Funds carried forward**
**3**|**2021**
**Restricted**
**£**
58,419
58,419
1,239
157
35
1,431
56,988
-
56,988|**2021**
**Total**
58,419
| |---|---|---| |||58,419| |||1,239
157
35| |||1,431| |||56,988
-| |||56,988| **5** Fuel Poverty Research Network Statement of Assets and Liabilities for the period 17 September 2019 to 28 February 2021 2021 Monetary assets CuThent account 56,988 Total Monetary Assets 56.988 Represented by funds Restricted Funds 56.988 Total Funds 56.988 Non-monetary assets and liabilities 2021 Creditors Accountancy Fee (495) Total Non-monetary AssetslLiabilities (495) Approved by the trustees and signed on their behalf by: Signed dLfuM4 fsvwl Gtyat.. Name arKI position: TENN) BRICRLEY ECPxLThI Iy/Tf**Total**
**fund**
**2021**
**£**
**£**
58,419
58,419| |---|---| ||**58,419**
**58,419**| **7** ## **Fuel Poverty Research Network Notes to the accounts continued for the period 17 September 2019 to 28 February 2021** ## **3 Restricted funds** |**Restricted funds**|||||| |---|---|---|---|---|---| |Eaga Charitable Trust
**Total Funds**|Opening
Balance
**£**
-
**-**|Receipts
**£**
58,419
**58,419**|Payments
**£**
1,431
**1,431**|Transfer
**£**
-
**-**|Closing
Balance
**£**
56,988| ||||||**56,988**| ## **4 Trustee payments, benefits and expenses** No trustee received any remuneration or expenses during the year. ## **5 Independent examination and accountancy services** During the period, the cost of the independent examination and accountancy services was £495. **8**