2025-04-05-accounts

Trustees’ Annual Report for the period

From 6th April 2024 To: 5[th] April 2025 Charity name: CLIMATE ACTION HUB EXETER Charity registration number: 1198667

Objectives and Activities

	SORP reference
Summary of the purposes of the charity as set out in its governing document	Para 1.17	The object of the CIO is the advancement of environmental protection or Improvement thereof.
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	Identify other local non-profit organisations with common ground and invite them to share resources with us. To this end we will endeavour to obtain resources, such as premises which may be used for public outreach, training, meetings etc. Engage with the general public with a view to ascertaining the general level of awareness of the ecological and environmental crisis and invite participation.
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 all received and read the guidance issued by the Charity Commission on public benefit.

Additional information (optional) You may choose to include further statements where relevant about: SORP reference Para 1.38 Policy on grant making Para 1.38 Policy on social investment including program related investment Para 1.38 Contribution made by volunteers

Other		The Charity name became “PULSE” with a working name of “Climate Action Hub Exeter” as before, in order to align more closely with ECoE, a non profit energy organisation, with whom we proposed to partner with (see below)
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

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
Investment performance against objectives	Para 1.41
Other		In the early part of this financial year we were approached by Exeter Community Energy (ECoE) with a view to forming a mutually advantageous partnership. ECoE are a philanthropic organisation and theyhad obtainedgrants

dependent on them becoming a charity. We were a charity looking for premises but could not afford to pay the substantial rents demanded. They had the funding and also wanted premises - and were able to pay for those premises. We (our charity, specifically our chair person) did a lot of the work in finding and evaluating several premises. Eventually, a suitable premises was located (20 Queen Street Exeter). After several months of indecision, and much needed repair work in the building, ECoE were given advice that they needed a specific kind of charity that was allowed to do a specific kind of business - which Pulse/CAHE could not do under the regulations applicable to our charity. Also Pulse/CAHE could not convert to the type of charity now required. Work now proceeded to extricate Pulse/CAHE from the involvement with ECoE , the agents renting the property on Queen Street and to calculate the balance of the funding (line of credit) which needed to be returned to ECoE. ECoE had deposited a substantial sum of money into our account in order to pay for legal fees, repair work, utilities et cetera on the property. This explanation is given so that anyone examining our accounts can be satisfied that the larger than normal sums in our account can be properly accounted for. A substantial sum remains in our bank account, which will be returned to ECoE as soon as ECoE have assumed responsibility for all the outstanding liabilities that we assumed on their behalf.

Financial Review

Review of the charity’s Para 1.21 financial position at the end of the period Statement explaining the Para 1.22 policy for holding reserves stating why they are held Amount of reserves held Para 1.22 Reasons for holding zero Para 1.22 reserves Details of fund materially in Para 1.24 deficit Explanation of any Para 1.23 uncertainties about the charity continuing as a going concern

Additional information (optional) Youmay choose toincludefurtherstatements	Additional information (optional) Youmay choose toincludefurtherstatements	whererelevant about:
The charity’s principal sources of funds (including any fundraising)	Para 1.47
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

Structure, Governance and Management

Description of charity’s trusts:
Type of governing document (trust deed,royalcharter)	Para 1.25
How is the charity constituted? (e.g unincorporated association, CIO)	Para 1.25	CIO Community Interest Organisation
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	By invitation from existing Trustees and verification via meeting of existing 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

Reference and Administrative details

Charity name	CLIMATE ACTION HUB EXETER
Other name the charity uses
Registered charity number	1198667
Charity’s principal address	ENGLAND

Names of the charity trustees who manage the charity

1 2 3 4 5 6	Trustee name	Office (if any)	Dates acted if not for whole **year **	Name of person (or body) entitled to appoint trustee (ifany)
	Christopher Hugh Wood	Chairman	3 years from April 2022
	Robert Masding	Treasurer (from July2023)	3 years from April 2022
	Maia Thomas		3years from April 2022
	Maurice Spurway		From 19-07-23 to 19-07-26
	Andrew Extance		From 16-10-24 to 16-10-27
	Jennifer Cook		From 16-10-24 to 16-10-27

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

Name of trustees holding title to property belonging to the charity

Trustee name Dates acted if not for whole year

Funds held as custodian trustees on behalf of others

Description of the assets held in this capacity

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

Additional information (optional)

Names and addresses of advisers (Optional information)

Type of Name Address adviser

Name of chief executive or names of senior staff members (Optional information)

Exemptions from disclosure

Reason for non-disclosure of key personnel details

Other optional information

Declarations

The trustees declare that they have approved the trustees’ report above.

Signed on behalf of the charity’s trustees

----- Start of picture text -----
Signature(s)
Full name(s)
Christopher Hugh Wood Robert Norton Masding
Position (eg Secretary,
Chair, etc) Chair Person Treasurer
Date
5 [th] June 2025
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This Trustee Annual Report was approved at a meeting of the Trustees on 5[th] June 2025.

All Trustees were present, with the exception of Jennifer Cook – who had been circulated with a copy beforehand.

Andy Extance and Maia Thomas were present on ZOOM.

PULSE/CLIMATE ACTION HUB - EXETER - Balance Sheet 05/04/2025

Assets Assets £0.00 Current Assets £0.00 Cash a/c £161.54 SumUp £0.00 COOP Bank £42,097.57 Savings Account £0.00 Total Assets £42,259.11	Liabilities
	Liabilities £0.00 CWood Expenses £0.00 ECOE Credit A/C -£38,065.57 Loans to CAHE/Pulse £0.00
	Total Liabilities £38,065.57
	Equity
	Retained Earnings £4,247.38
	Total Equity £4,247.38
	Total Liabilities & Equity £42,312.95