**Charity Registration No. 1185599**
# **THE BAYWIND ENERGY COMMUNITY TRUST ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025**
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **LEGAL AND ADMINISTRATIVE INFORMATION**
## **Trustees**
Angela Scrogham Richard Scott Annette Heslop MBE John Millen Helen Slater David Humphries Matthew Rooke Sam Ronson
**Charity number**
**Charity number** 1185599 **Independent examiner** Melville & Co Unit 17-18, Trinity Enterprise Centre Furness Business Park Ironworks Road Barrow-in-Furness LA14 2PN
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **CONTENTS**
||**Page**|
|---|---|
|Trustees' report|1 - 3|
|Independent examiner's report|4|
|Statement of financial activities|5|
|Balance sheet|6|
|Notes to the financial statements|7-11|
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **TRUSTEES’ REPORT** _**FOR THE YEAR ENDED 30 APRIL 2025**_
The trustees present their report and financial statements for the year ended 30 April 2025.
The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the charity's governing document, the Charities Act 2011 and "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)".
## **Objectives and activities**
The charity's objects are;
1. To promote the conservation, protection and improvement of the physical and natural environment in particular by providing grants for the installation and raising awareness of renewable energy sources and energy efficiency, technology and solutions.
2. The prevention or relief of poverty or financial hardship by providing assistance to the people who are in fuel poverty.
The policies adopted in furtherance of these objects are to make grants to individuals and to organisations and to provide relevant advocacy, advice and information and there has been no change in these during the year.
In planning and carrying out the charity's activities the trustees are always aware that such activities must be for the public benefit. As such the trustees confirm that they have had due regard to the Charity Commission's published guidance on the 'public benefit' motive.
The trustees have paid due regard to guidance issued by the Charity Commission in deciding what activities the charity should undertake.
## **Achievements and performance Object 1**
The meetings are held by Zoom Video-conferencing each quarter. Applications received are accompanied by two quotes and additional information relating to the community benefit of the proposed energy saving project. The dedicated email continues to ensure emails are responded to quickly and efficiently. The dedicated Facebook site is managed by two Trustees appointed as Admin.
Trustees attended renewable energy events to promote BWECT to local community groups, by using leaflets and a promotional banner at each event. New applications were received and approved following these events. The networking opportunities have been useful in connecting with other organisations. Invitations to the Trustees to attend and join local forums has been appreciated and well received.
This year the Trust supported a variety of applications including Solar PV, Energy Audits, Air Source Heat Pumps and other heating options, LED Lighting, double glazing and an increase of contributions alleviating fuel poverty.
A key focus for the Trustees has been to improve the website by updating the funding history list and ‘Projects we support’ page. Following the review of the application form, changes were made, and it is now available as an online form or downloadable option. Trustees continue to offer site visits and phone calls to provide extra support to groups. Social Media content has increased from other groups, as more groups use this method to showcase their energy projects and connect with BWECT online.
|
projects and connect with BWECT online.||
|---|---|
|Groups supported during the year:||
|Grange Methodist Church|LED Lighting|
|Penrith Players, Theatre|Solar PV|
|Patterdale CofE School|Energy Audit|
|Aldingham Parish Hall|Energy Audit|
|Barrow & District Disability Association|Led Lighting|
|Springfield Domestic Abuse|Double Glazing new windows|
|Penny Bridge CofE School|LED, Windows & Insulation|
|CHOFHS Youth Group, Kendal|Solar PV|
- 1 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
Gleaston Village Hall Solar PV St Thomas Church, Kendal Heating Walney Rugby Club Solar PV Sandylands Methodist Church Heating, Air Source Heat Pump, Solar Ulverston Cricket Club LED, insulation, draughtproofing Bethany Church, Ulverston Heating Kendal Lad’s & Girls Club Solar PV Pennington Nursery Solar PV Blindcrake Village Hall Solar PV Patterdale CofE School Air Source Heat Pump WADAA Ltd (Windermere Fishing) Surface Agitator Aeration System Mobius Loop Solar Panels for Mobile Classroom Crosscrake Community Hub Air Source Heat Pump Abbotsvale Community Centre LED lighting
## **Object 2**
The group continue to maintain communications with organisations that provide services to those in the community suffering from fuel poverty, by providing funding to these groups.
Citizens Advice, Barrow-in-Furness Fuel Poverty Women’s Community Matters Fuel Poverty Ulverston Food Project Fuel Poverty
## **Future:**
The Trustees will continue to attend local events relating to energy saving and climate change and provide advice and support to community groups. The Trustees aim to review the follow up process and implement some new processes.
Objective 2, the trustees will continue to promote this objective at local events and the wider community.
## Charities Funded
16 Charities funded in this financial year.
## **Financial review**
The results for the year are summarised in the Statement of Financial Activities on page 5. This was the fifth year that The Baywind Energy Community Trust was a registered charity and in the year the incoming resources increased substantially by £59,133 (50%) to £177,152. Expenditure (other than governance costs) increased by £62,458 (55%) to £175,624. This led to an increase in total fund balances (or unrestricted) of £832 to £22,437.
It is the policy of the charity that unrestricted funds which have not been designated for a specific use should be maintained at a level equivalent to between three and six month’s expenditure. The trustees consider that reserves at this level will ensure that, in the event of a significant drop in funding, they will be able to continue the charity’s current activities while consideration is given to ways in which additional funds may be raised.
The trustees have assessed the major risks to which the charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major risks.
- 2 -
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **TRUSTEES’ REPORT (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **Structure, governance and management**
The charity is a trust governed by a deed dated 27 September 2019. On 3 October 2019 it became a registered charity with a charity number of 1185599.
The trustees who served during the year and up to the date of signature of the financial statements were:
Angela Scrogham Richard Scott Annette Heslop MBE John Millen Helen Slater David Humphries Matthew Rooke Sam Ronson
The trustees are people with considerable interest and experience in the renewable energy sector, who are able to draw on their past experience in the sector. None of the trustees has any beneficial interest in the trust.
The trustees' report was approved by the Board of Trustees.
.............................. Dated: .02/12/2025........................
## **Richard Scott**
Trustee
- 3 -
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **INDEPENDENT EXAMINER’S REPORT**
## **TO THE TRUSTEES OF THE BAYWIND ENERGY COMMUNITY TRUST**
I report to the trustees on my examination of the financial statements of The Baywind Energy Community Trust (the charity) for the year ended 30 April 2025.
## **Responsibilities and basis of report**
As the trustees of the charity you are responsible for the preparation of the financial statements in accordance with the requirements of the Charities Act 2011 (the 2011 Act).
I report in respect of my examination of the charity’s financial statements carried out under section 145 of the 2011 Act. In carrying out my examination I have followed all the applicable Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's statement**
Your attention is drawn to the fact that the charity has prepared financial statements in accordance with Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) in preference to the Accounting and Reporting by Charities: Statement of Recommended Practice issued on 1 April 2005 which is referred to in the extant regulations but has now been withdrawn.
I understand that this has been done in order for financial statements to provide a true and fair view in accordance with Generally Accepted Accounting Practice effective for reporting periods beginning on or after 1 January 2015.
I have completed my examination. I confirm that no 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 2011 Act; or 2 the financial statements do not accord with those records; or
- 3 the financial statements do not comply with the applicable requirements concerning the form and content of accounts set out in the Charities (Accounts and Reports) Regulations 2008 other than any requirement that the accounts give a true and fair view which is not a matter considered as part of an independent examination.
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 financial statements to be reached.
## Simon Oram **Melville & Co**
Chartered Certified Accountant Unit 17-18, Trinity Enterprise Centre Furness Business Park Ironworks Road Barrow-in-Furness LA14 2PN
Dated: .........................
- 4 -
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT** _**FOR THE YEAR ENDED 30 APRIL 2025**_
|||**Unrestricted**|Unrestricted|
|---|---|---|---|
|||**funds**|funds|
|||**2025**|2024|
|||**£**|**£**|
||**Notes**|||
|**Income from:**||||
|Donations and legacies|**3**|177,056|117,880|
|Investments|**4**|96|159|
|**Total income**||177,152|118,039|
|**Expenditure on:**||||
|Charitable activities|**5**|176,320|113,838|
|**Net (expenditure)/income for the year/**||||
|**Net movement in funds**||832|4,201|
|Fund balances at 1 May 2024||21,605|17,404|
|**Fund balances at 30 April 2025**||22,437|21,605|
The statement of financial activities includes all gains and losses recognised in the year.
All income and expenditure derive from continuing activities.
- 5 -
## **THE BAYWIND ENERGY COMMUNITY TRUST**
## **BALANCE SHEET**
## _**AS AT 30 APRIL 2025**_
|**2025**
**Notes**
**£**
**£**
**Current assets**
Cash at bank and in hand
23,133
**Creditors: amounts falling due within**
**one year**
**10**
(696)
Net current assets
22,437
**Income funds**
Unrestricted funds
22,437
22,437
The financial statements were approved by the Trustees on ..02/12/2025.......................
..............................
Richard Scott
**Trustee**|**2024**
**£**
22,277
(672)|**£**
21,605|
|---|---|---|
|||21,605|
|||21,605|
||||
- 6 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1 Accounting policies**
## **Charity information**
The Baywind Energy Community Trust is a charitable trust governed by a deed dated 27 September 2019.
## **1.1 Accounting convention**
The financial statements have been prepared in accordance with the charity's [governing document], the Charities Act 2011 and "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 charity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows.
The financial statements have departed from the Charities (Accounts and Reports) Regulations 2008 only to the extent required to provide a true and fair view. This departure has involved following the Statement of Recommended Practice for charities applying FRS 102 rather than the version of the Statement of Recommended Practice which is referred to in the Regulations but which has since been withdrawn.
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 freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below.
These financial statements for the year ended 30 April 2020 are the first financial statements of The Baywind Energy Community Trust prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 May 2018. The reported financial position and financial performance for the previous period are not affected by the transition to FRS 102.
## **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.
## **1.3 Charitable funds**
Unrestricted funds are available for use at the discretion of the trustees in furtherance of their charitable objectives.
Restricted funds are subject to specific conditions by donors as to how they may be used. The purposes and uses of the restricted funds are set out in the notes to the financial statements.
Endowment funds are subject to specific conditions by donors that the capital must be maintained by the charity.
## **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.
- 7 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **1 Accounting policies**
**(Continued)**
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. Income tax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation.
Legacies are recognised on receipt or otherwise if the charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset.
## **1.5 Expenditure**
All expenditure is accounted for gross and when incurred. Charitable expenditure includes the costs of all activities carried out, with the exception of costs incurred for governance purposes.
## **1.6 Cash and cash equivalents**
Cash and cash equivalents include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
## _**Basic financial assets**_
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.
## _**Basic financial liabilities**_
Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.
Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.
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.
## **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.
- 8 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
|**3**|**Donations and legacies**|||
|---|---|---|---|
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**2025**|2024|
|||**£**|£|
||Donations and gifts|177,056|117,880|
||**Donations and gifts**|||
||High Winds Community Energy Society Limited|150,000|100,000|
||Mean Moor Wind Farm Ltd|19,000|17,740|
||Other|8,056|140|
|||177,056|117,880|
|**4**|**Investments**|||
|||**Unrestricted**|Unrestricted|
|||**funds**|funds|
|||**2025**|2024|
|||**£**|£|
||Interest receivable|96|159|
|**5**|**Charitable activities**|||
|||**Renewable**|Renewable|
|||**energy**|energy|
|||**promotion**|promotion|
|||**2025**|2024|
|||**£**|£|
||Grant funding of activities (see note 6)|175,224|112,767|
||Share of support costs (see note 7)|400|399|
||Share of governance costs (see note 7)|696|672|
|||176,320|113,838|
- 9 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **6 Grants payable – renewable energy promotion**
|Abbotsvale Community Centre (LED lighting)
Aldingham Parish Hall (Energy Audit)
Barrow & District Disability Association (LED Lighting)
Bethany Church, Ulverston (Heating)
Blindcrake Village Hall (Solar PV)
CHOFHS Youth Group, Kendal (Solar PV)
Citizens Advice, Barrow-in-Furness (Fuel Poverty)
Crosscrake Community Hub (Air Source Heat Pump)
Gleaston Village Hall (Solar PV)
Grange Methodist Church (LED Lighting)
Kendal Lad’s & Girls Club (Solar PV)
Mobius Loop (Solar Panels for Mobile Classroom)
Patterdale CofE School (Energy Audit)
Patterdale CofE School (Air Source Heat Pump)
Pennington Nursery (Solar PV)
Penny Bridge CofE School (LED, Windows & Insulation)
Penrith Players, Theatre (Solar PV)
Sandylands Methodist Church (Heating, Air Source Heat Pump, Solar)
Springfield Domestic Abuse (Double Glazing new windows)
St Thomas Church, Kendal (Heating)
Ulverston Cricket Club (LED, insulation, draughtproofing)
Ulverston Food Project (Fuel Poverty)
WADAA Ltd (Windermere Fishing) (Surface Agitator Aeration System)
Walney Rugby Club (Solar PV)
Women’s Community Matters (Fuel Poverty)
Bottle & Co (banner design)
Burton Memorial Hall (LED lighting)
Castle Park School (LED lighting)
Chitter Chatter/Better Leisure Ulverston (warm space contribution)
Cockermouth Scouts (energy audit)
Crosthwaite School (solar PV)
Emmanuel Christian Centre (new windows)
Grizedale Arts (heating)
Helsington & Brigsteer Village Hall (solar PV)
Kendal Trinity Church (LED lighting)
LMR Creative (banner and flyers)
Millom Rugby League (energy audit)
Mobius Loop CIC (AV equipment batteries)
Rainepower (Groyne Installation)
Rookhow (double glazed windows & doors)
Swarthmoor Reading Rooms (draught proofing/windows)
The Ashton Group Theatre Barrow (LED lighting)
Ulverston Food Project (LED lighting)
Ulverston Ford Park (Solar PV)
Vision Support Barrow (Solar PV)
Walney Community Hall (battery)
Wigton Rugby (energy audit)
Windermere Angling (aeration batteries)|**2025**
**£**
7,815
2,040
4,713
2,000
5,000
9,000
7,500
5,000
17,523
1,000
5,000
1,500
1,500
8,000
20,000
13,000
5,000
8,000
5,460
10,067
12,606
8,000
5,000
9,000
1,500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
175,224|2024
£
-
-
-
-
-
-
7,500
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
150
3,618
4,537
1,500
1,500
3,000
8,069
6,000
3,500
5,000
267
2,340
4,000
4,917
5,000
7,600
5,000
3,393
12,500
10,000
6,480
1,500
5,396
112,767|
|---|---|---|
- 10 -
**THE BAYWIND ENERGY COMMUNITY TRUST**
## **NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)** _**FOR THE YEAR ENDED 30 APRIL 2025**_
## **7 Support costs**
|**Support**
**Costs**
**Governance**
**costs**
**£**
**£**
Website Hosting
400
-
Accountancy
-
696
400
696
Analysed between
Charitable activities
400
696|**2025**
**£**
400
696
1,096
1,096|Support
Costs
Governance
costs
£
£
399
-
-
672
399
672
399
672|2024
£
399
672
1,071
1,071|
|---|---|---|---|
## **8 Trustees**
None of the trustees (or any persons connected with them) received any remuneration or benefits from the charity during the year.
## **9 Employees**
There were no employees during the year.
## **10 Creditors: amounts falling due within one year**
|Accruals and deferred income|**2025**
**£**
696
696|2024
£
672
672|
|---|---|---|
## **11 Related part transactions**
Two of the trustees of The Baywind Energy Community Trust, John Millen and Annette Heslop, are also directors of High Winds Community Energy Society Limited which donated £150,000 (2024 - £100,000) to the charity in the year.
Annette Heslop is also a director of Mean Moor Wind Farm Ltd which donated £19,000 (2024 - £17,740) to the charity in the year.
- 11 -