UTILITA GIVING
COMPANY NUMBER: 13919664
REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

UTILITA GIVING
(Company limited by guarantee and not having share capital)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
REFERENCE AND ADMINISTRATIVE INFORMATION
STATUS
The organisation is a charitable company limited by guarantee, incorporated on 16 February 2022 and
registered as a charity with the Charity Commission in England and Wales on 14 December 2022. It
also registered with the Office of the Scottish Charity Regulator IOSCRI on 16 March 2023.
REGISTERED COMPANY NUMBER..
13919664
REGISTERED CHARITY NUMBER:
1201330
OSCR NUMBER:
SC052406
TRU5TEEs/ DIRECTORS
The following served as trustee5 and are also direclors of the charitable companv..
MDESmith
l Maidment
M D Curtin
JFScott
PRINCIPAL ADDRESS ANO REGISTERED OFFICE..
Hutwood Court
Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
5052 3QB
REGISTERED AUDITORS..
Knight Goodhead Limited
7 Bournemouth Road
Chandler's Ford
Eastleigh
Hampshire
S053 3DA

UTILITA GIVING
(Company Ilmited by guarantee and not having share capital)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
The trustees and the directors of the charitable company present their report and the accounts of the
charity lor the year ended 31 March 2024.
OBIECTIVES AND ACTIVITIES
The chai'itable objec.tives of the charity are the prevention or relief of need for thp public benefit
throughout England, Scotland and Wale5 for thosc who are 5ufferlng hardship or distress as a result
ol poverty, age. disability, or ill-health, including in particular hardship or distress arising due to fuel
poverty and food poverty. This is through the provision of financi21 or material aid and the raising of
awareness of such need with the public. In this clause., 'fuel poverty mean5 the inability of individuals
and households to afford or access adequate eiiergy services, and 'food poverty means the inability
of individu315 aiid households to obtain an adequate and nutritious diet in socially acceptable ways,
or the uncertainty that they will be able to do so.
Utilita Giving is a Krant making charity. Its activities in the year are split approximately SO% to food
poverty and 50°A to fuel poverty. This split may change over time.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Structure
Utillta Glving is a company limited by guarantce reEistered with the Registrar of Companies in England
and Wales under Company Number 13919664. Permission was granted to remove the word "limited"
from the company name. Utilita Giving is 31$0 re2lStered with Charity Commission for England and
Wales under Charity nurnber 1201330 and the Scottish Charity Regulator under Charity number
SC052406. The trustee5 are a150 the members of the charity. Members of the charity guarantee to
contribute an zinount not exceeding £1, to the charity in the event of winding UP.
Governin
document
The charity's constitution is the Memorandum and Articles of Association adopted on 29 july 2022.
Trustees
Trustees are appointed by the current Trustee5, no organisation has the riEht to appoint Trustees.
Formal Trustee selection and suitability Is being considered by the Trustees. It is expected that in the
new year a skills audit of the Trustees will be formally undertaken with a view to ensure the Board of
Trustees is fit for purpose.
Risk mana
ement
The trustee5 ieview the risks that are faced by the charity and have established a risk process to ensure
that they are dynamically monitored and managed. New risks are evaluated when they arise.
Being a grant mal(inE charity with limited financial commitments means that the charity is not exposed
to si£nificant risk. Ilowever, as the charity has limited reserves and is dependent on the Luxion
Grouplutilita Energy Limited to cover its ongoing cornmltments, there is a risk that if the funding from

UTILITA GIVING
(Company limited by guarantee and not having share capital}
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Luxion Group ceèsed there would be a short term risk to continuing in existence unless a new funding
partner could be found. External fLJnd raising progrdms are being inve5tigatÈd.
Public benefit
When planning our activities for the period, we have considered the Charity Commission's guidance
on public benefit.
Grant makin
olic
The charity is a grant making charity and Its policy on grant making is to assess grant applicatlon5
against criteria for fuel and food poverty. The charity will also reach OLJt to Charitable organisations
with similar aims that have acce55 to individuils in fuel or food poverty. Thc cmphasis of the charltv
has moved from helping people IN fuel and food poverty to helping people OUT of food and fuel
povertv.
Contribution b
volunteers
The charity appreciates the input of the volunteer5 that havè assisted with fund raising events during
the year. Many of those volunteers are employees of the Luxion Grouplutilita Energy who have
allowed their staff to play an active part in these activities.
Related Parties
Utilita Giving has a close relationship with the Luxion Group, being the main funding partner. Two of
the Trustees are employees of LLJxion Group Limited.
Investment oll
At 31 March 2024 the charity's re5eTve5 are limited, and the investment policy is to place excess cash
on deposit witli the charity's bankers. A formal investment policy will be adopted in the new year.
ACHIEVEMENTS AND PERFORMANCE
Review of the
ear
The charity is still in its early stages and mLJch of the year has been Spent in developing the charity's
strategic objectives. An Executive Director has been 3PPOlnted and plans are in an advance stage for
the launch of the main strategic activity the program being called "One Call That's All" This involves
linklnE With another charity to pilot personalised support to c6,000 individuals over a 2-year period.
During the year the charity h3s made donations to over 40 organi53tlOlls working to help people out
of food and fuel poverty totalling over £soak. Two of those donations were for new van5 lone of
which is electric) to assist the food poverty charity to efficiently transport donated items.

UTILITA GIVING
{Company limited by guarantee and not having share capital)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
Princi al fundin
sourc.e.s durin
the
ear
During the year the Charity's Main source of income was a regular donation from Utilita Energy
Limited. Thi5 has covered all of the governance cost5 and provided a surplus for use in other charitable
Utilita Energy Limlted alsn organised various fundraising activities.
In April 2023 Utilita donated a one-off sum of £5m towards the charity's activities, The Trustees have
designated this 500A to Food Poverty, and 50% to Fuel Poverty, related issues.
FINANCIAL REVIEW
Financial Review
Utilita Giving has è surplus for the year of £4.7m disclosed in the Statement of Financial Activities.
However. £4.3m of this relates to restricted and designated funds. Net assets at 31 March 2024 were
£4.8m, being mainly held in cash and c35h equivalents.
Reserves
General funds at 31 Mar¢h 2024 were E377k12023 £27kl whlch is approximately 2612023.. 31 months
gener31 fund expenditure. This amount IS Ereater than the Trustees consider needed, however, the
startup nature of the charity means that this reSe￿e position will fluctuate.
The balance on the two main designated funds (Food Poverty and Fuel Poverty) is being allocated to
the strategic program "One CBII that's All" and is likely to be spent over a period of 2-5 year5,
The Trustees have not adopted a formal reserves policy (thi5 will be done in the new yearl, however,
they consider this to be a suitable reserves position based on the charity's current stBrt up position.
Goin
concern
The charity is dependent on Luxion Group/Utilita Energy Limited for the majority of its incoming
resources. They have indicated that the current level of regular donations, which covers the majoritv
of the charity's overheads, will continue for the foreseeable future.

UTILITA GIVING
(Company limited by guarantee and not having share capital)
REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 MARCH 2024
DIRECTORS, RESPONSIBILITIES
The directors 3re responsible for preparing the rpport of the trustees and the financial statements in
accordance with applicable law and United l(ingdom Generally Accepled Accounting Practice (UK
GAAPI.
The directors are required to prepare the report of the trustees and financial statements for each
financial period, which give a true and fair view of the state of affair5 of the ch8ritahle company and
of its incoming resources and application of resources, including income and exponditure for the
period. In preparing those financial statements accounts, the directors are required to:
select suitable accountlng policies and then dpply them consistentlv,.
make judgements and e5timat&s that 3re rea50n3ble and prudent,.
state whether applicable accounting standards and statements of recommended practice
have been followed, subject to any material departures disclosed and explained in the
financial £tatements.'
prepare the accounts on the going concern basis unless it 55 inappropriate to presume that
the company will contlnue in c>peration.
The directors are responslble for koopine adequate accounting records which disclose with reasonable
accuracy 3t any time the financial position of the cornpany and to enable them to ensure that the
financial statements comply with the Companies Act 2006. They are also responsible for safeguarding
the assets of tlie company and hence for taking reasonable steps for the prevention and detection of
fraud and other irregularities.
This report has been prepared in accordance with the small companies regime under section 419121
of the Companies Act 2006, and in accordance with Accounting and Reporting by Charitie5'. Statement
of Recommended Practice applicable to chorltles preparing their accounts in accordance with FRS 102
Isecond edition - October 20191.
The director5 have confirmed that so far as they are aware, there is no relevant audit information of
which the charitable company's auditors are unaware, and that they have taken all steps that they
ought to have taken as directors in order to m3ke themselves aware of any relevant audit information
and to establish that the charitable company's 8ud5tors are aware of that information.
Signed and approved on behalf of the trustees on E£) 11/6
MDESmith
Trustee

INDEPENDENT AUDITORS, REPORT
TO THE MEMBER5 OF UTILITA GIVING
Icompany limited by giJar3ntee 3nd not having a share capitall
Opinion
WÈ hève dudited the financial statements of ljtilita Cjiving lor the year ended 31 M3rch 2n24, whlch ctsmpris@ the
Statement of Financi31 Activities, 8alante Sheet, Cashflow Statement and the related notes. The financial reporting
frampwork that hos been applicd in their pieparaiion is applicable law and United KinEdom Accounting Standards
including Financial Rp.porting Standard 102.. 1.he Financi31 Rp.porting Standard applicablc to the UK and Republic of
Ireland (Uniled Kingdom Generally Accepted Ac.r.nunting Practicel.
In our opinion, the linantial statements..
Elve a irue and fair vlew ol the state of the charitablÈ company's affairs as at 31 March 2024, and ol its
income and oxponditure for the year then ended.,
have been properly preparÈd in dccordance with United Kingdorn Generally Accepted Accountlng Practlce..
have been prepared in 3ccordance with the requirements of the Companies Act 2006 and the Charitie5 and
Trustee Investment Iscotlandl Act 2005 and re8ulation 8 of the Charil'ies Accounts (Scotlandl Regulations
2006.
Basis of opinion
We cunducted our audit in accordance with Internètional Standards on AuditinE IUKI IISAS IUKII and applicable law.
Our respon51blllllÈs under those st3ndards are furthÈr dÈstrlbed in the Auditor's responsibilities for the audit of the
financi31 statements soction of our rcport. We are independent of the Chdrity in actordance with the ethical
requirements that are rele.vant to our audit of the financial statement5 in the UK, including the FRC'S Ethical Standard,
and we have fulfilled ovr other ethlcal re5ponsibilitie% in acLordaTrce with these requirements. We be.Ileve that the
audit evldÈncÈ we have obtained is 5ullicient arTrd appropriate to provide a basis for our opinion.
Concluslons relating to golng concern
In auditing the financ131 statemènts, we have concluded that the trustee5' Use of the golne concern bosls of accounting
in thè preparatitsn ol the financial 5tatetnents is appropriate.
Based on the work we have performed, we have not identified any rnaterial uncertalntips relatin8 to ovents or
conditions that, individually or collp.ctively, may cast significant doubt on the charltable company's abillty to contlnue
as a going contÈrn for d period of at least 12 months from when the financial statements are authori5ed for issue.
Our responsibilities and the responsiblllties of the trustee5 Wlth respect to going concern are described In the relevant
sectlOn5 of thi5 report.
other information
The tfU5tegs dro rospon5ible for the other Information. The other information comprises the inloirnation included i
the annual report, including tho trustee5' report, other than the financial statoments and our auditor's report thereon.
Our opinion on the linanclal statements does not r.avpr the other informatiott and, except to the extent othenvise
Èxplicitly staled in our report, we do not express any form of assurance conclu510n thereon.
Our respon5ibilitV 15 to read the other inforrnatlon and, in dolne so, consider whether tho other inform3tlon 15
materially incon51Stent with the finanii81 statements or our knowledge obtainÈd in tho audit or otherwise appears to
be maierially misstated. If we identify such material inconsistencies or apparent material mi5StatemÈnts, we are
requirod to determinc whcther there is a material misstatement in the financial statemetFts or 8 material mlsstatement
of the other information. If, based on the work we have perforrned, we conclude that there is a material mi55tBtemenr
of ihis other informatlon, we are required to report that fait.
We have nothing to report in th15 regard.

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF UTILITA GIVING
(Company limited by guzrantee and not having a share capital)
Matters on which we are required to report by exception
In light of ihÈ knowledee and understanding ol the charitable cornpany and it5 enirirDnment obtèined in the course ol
the zudlt, we have not idÈntified matorial mi5Statements in the direclors, report Included within the Irustees, report.
We have nothing to repnrt in rospoci of the following m3tter5 where the Companie5 Act 2006, Charlties (Attounts and
Reports) Regulations ?.Oa8 and tlie CliaFltie5 Account%1Stotlandl Ilegulations 2006 requires u5 to report to you il, in our
pinion..
the company has not kept adequate and sufficient accounting rp.cords, or returns adequate for our audit
h3ve not beÈn received from brar)ches nol vislted by us,. or
the company's lin3nci31 staterTrentS are not ili 8Ereement with the accounting records and returns,. or
certain di5cIosure5 of tlU5tee5' remunerdtioii specified by law are not made,. or
we have not received all the information and explanations we requirc for our audit,. or
the irustoÈs wore not entitled to prepare the financial statements Sn 3ccurdantÈ wlrh the sm311 companies
regime and take advantage of the sm311 companies exemption in preparing tlie Trustee5' Annual Report and
take advantage ol the Small campanies oxomption from the requirememt to prepare a strategic report.
Responsiblllties of the trustees
As explalned more fully in the trustees, responsibllitie5 Statement, the trustees (who are also the directors of the
charitable company lor the purposes of company lawl are responsible for the preparation of the lin8nclal statÈmÈnts
and for being satisfied th£t they give a trvè and lair vitw. and for such internal control a5 they determine is necessary
to enable the preparation ol financial st8teTnent5 that arp free from material misstatement, whether due to fraud or
error.
In proparing the financial Statements, the trustcos arc responsible for assossing the charitable cornpany's ability to
continup. a5 a going concern, disclosing, a5 applir.Hhle, matters rolated to eoing concern and using the going concern
basis of accountin£ unles5 th￿ trustees either intend to liquid3te the charitable company or to cease operations. or
Auditor'5 re5ponsibllltles for the audit of the financial statements
We have bgen appointpd as auditor under sp.ction 4411) Icl of the Charities and Trustee Investment (Scotlandl Act 2(K)5
and under the Companies Act 2006 and report in 3ccordance with the Acts and relevant regulation.s rnade or having
effect Èhereunder.
Our ubjective5 are to obt8in re8sonak>lp. assurance about whp.thp.r the finantiÈl 5t3tements as a whole are free fro
material rni55tatemÈni, whether due lo Iraud or error, and to 155ue an auditor'5 repart that includes our opinion.
Reasonable a55urance Is a hiEh level of assurance, but is iiot a guarantee th?t 3n audit conducied In accordance with
ISAS IUKI will always detect a materlal mlsstatement when it exists. Mi55tatements can arise from Ir3ud or error and
ar2 considered material if, individually or in the aggreg3t&, they could reasonably be expected to Influence the
economic dÉclsions of vsers taken on the basis of these lin3ncial statement5.
Irregularities, intludlne fraud, aro instsnces of non-compli3nce with laws and regulations. We design procedures in line
with our respon%ibilitie5, Outlined above, to detect matcrial mi55t3temÈnts In rospott of irregularities, including fraud.
The extent to which aur procedures are capable of detp.cting irregularities. including fraud 15 d&tailed below..
The en%agemÈnr partner ensured that the engagement teatn collectively h3d the appropriate competence, capabilitie.s
and skills to identify or recognise non-compliance with applicable law5 and regulatlons.
We ideniilied the laws and regulation5 applicable to the charitable company through di5r.us5itsn5 Wlth trustees and
oth￿r rti2na8ement and we a55essed the extent of compliance with the laws and regulation5 identified above through
makinE onquiries of management and inspecting legal corrÈspondence.

INDEPENDENT AUDITORS, REPORT
TO THE MEMBERS OF UTILITA GIVING
(Company limited by guarantee and not having a share cèpitall
We assessed ihe suscoptibility of the charitable cornpany'5 fiTranclal statements to malerial mi.%statp.ment, including
obt8ining 3n understandlng of how fraud miRht occ￿[, by rnaklng enqulries of m3na£emÈnt as to where they
considered the.re was sU5CPPtibllilV to fraud, their knowledge of actual, 5U5pected and alleged fraud and considering
the internal controls in plzr.p. to mitlE3te ri5k% of fraud and non-compliance with laws and regulation5.
TD address the ri%k of fraud thrnugh management bias and override of contro15, we porformed analytical procodurcs to
IdÈniify any unusual or unexpeited relationships, tested journal entrie.s to identify unusual trtn$3ctions and
investlEated the rationale behind signillcant or unusual transactions.
In response to the risk of IrregularitlQs and non-compliance with laws and regulations, we desirfned procedures which
included, biit werp not lirnited to..
agreeinB financial statement disclosures to underlying supporting documentatlon,.
reading the minutes ol meetlngs al thoso charged wlth Bovern3nce,' and
enquiring of management as to actual and potentlal litlgation and c13ims,'
There are inhprpnt IIMitations in our audit proctdures doscrlbed above. Tho more removed that laws and regulotlons
are Irom financial transactions, the les.% likely it IS that we wnuld becomÈ aware of non-compliance. Auditing 5tand£rds
also Ilmit the audit procedure5 requlred to identify non-compliance with laws and reEulatian5 to enquiry of the trustees
and other management and the in5pectlon of regulatory and legal correspondence, il anv.
Material mi55tatementS thst ariso due to fr3ud can be harder to detcct than those that arise from error as they may
Involve deliberate concealment or collusion.
A further de.scription of our rÈsponsibilities lor the audit of the finantial stètements is located on the Financial
ReportlnB Council'5 website at.. https..l/www.frc.org.uklauditorsresponsibilitles. Th15 dÈscription forms part of our
auditor's report.
Knight Goodhead Limited is ellglblÈ for appointment 3s auditor ol the charitable tompany by virtue of its eligibility for
appointmont as auditor of a company under section 1212 of thc Coinpanies Act 2006.
Llse of our report
This report Is made 501ely to the tharitable company'5 members, a5 a bodyi in accordance with Chapter 3 of Part 16 of
the Companies Act 2006. Our audit work ha5 been undertakpn sa th3t we might State to the charitable companvs
members those matters we afe requlred to slate to them in 3n auditor's report and for no other purpose. To the fullest
extent permittpd by law, we do not accept or assume responsibility to allyone other than the charitablÈ companws
membp.r% as 3 body, lar our audit work, for thi5 report, or for tho opinlons we have formed.
CJ GOODHEAD FCA
Senior Statutor¥ Audltor
Knight Goodhead limltÈd
Chartered Accountants 3nd Statutory Auditrjrs
7 Bournemouth Road, Chandler's Ford, Eastleigh, Hampshire, S053 3DA
Dated.. go

UTILITA GIVING
Icompclny limited by guarantee and not having a share capltall
STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 MARCH 2024
(including Income and expenditure account)
Yèar 11 months
ended
ended
31 March 31 March
2024
2023
Total
Total
funds
funds
Restricted Unrestricted
funds
funds
Notes
INCOME
Donations and legacies
Fundraising income
Investment Income
5,901
5,350,618
35,132
140,295
5,356,519
307,276
26,750
140,295
TOTAL INCOME
5,901
5,526,045
5,531,946
334,026
EXPENDITURE
Charitable activities
20,931
843.464
864,395
206,759
TOTAL EXPENDITURE
20,931
843,464
864.395
206,759
NET INCOMEIIEXPENDITUREI FOR THE YEAR
115,0301
4,682,581
4,667,551
127,267
Transfers between funds
io,ii
NET MOVEMENT IN FUNDS FOR THE YEAR
115,0301
4,682,581
4,667,551
127,267
FUNDS AT THE BEGINNING OF THE YEAR
99,613
27,654
127,267
FUNDSATTHE END OF THE YEAR
84,583
4,710,235
4,794,818
127,267
All of the above results are derived from continuing activities. There were no other recognised gains or
losses other than those stated above. Movements in funds Bre disclosed in notes 10 and 11 to the
financial statements.

UTILITA GIVING
COMPANY NUMBER: 13919664
(Company limited by guarantee and not having a share capital)
BALANCE SHEET AS AT 31 MARCH 2024
2024
2023
Notes
CURRENT ASSETS
Debtors
Cash at bank and in hand
24,659
4,810,301
1,045
134,962
4,834,960
136,007
CREDITORS.. amounts falling due within one year
140,1421
18,7401
NET CURRENT ASSETS
4.794,818
127,267
NET ASSETS
12
4.794,818
127,267
FUNDS
Restricted funds
Unrestricted funds
General funds
Designated funds
io
84,583
99,613
li
377,160
4,333,075
27,654
TOTAL FUNDS
4,794,818
127,267
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006
and FRS 102 relatlllg to small entities.
Approved by the board of trustees on 2 0
and signed on its behalf bv
M D E Smith, Trustee
10

UTILITA GIVING
(Company limited by guaranteo and not having a share capital)
CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
2024
2023
Notes
NET CASH FLOW PROVIDED BY OPERATING ACTIVITIES
4,675,339
134,962
NET CASH FLOW
4,675,339
134,962
Change in cash and cash eouivalents in the period
4,675,339
134,962
Cash and cash equivalent at start of the year
Cash and cash equivalents at the end of the year
134,962
4,810,301
134,962
NOTES TO THE CASHFLOW STATEMENT FOR THE YEAR ENDED 31 MARCH 2024
RECONCILIATION OF NET INCOME TO NET CASH FLOW FROM OPERATING ACTIVITIES
2024
2023
Net income for the year
Ilncreasel/decrease in debtors
Increa5e/ldecreasel in creditors
4,667,551
123,6141
31,402
127,267
11,045
8,740
Net cash flow from operating activities
4,675,339
134,962
2 ANALYSIS OF CASH AND CASH EQUIVALENTS
2024
2023
Cash at bank and in hand
4,810,301
134,962

UTILITA GIVING
(Company limited by guarantee and not having 3 share capilall
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
I ACCOUNTING POLICIES
al Accounting convention
The financial statements have been prepared in accordance with Accounting and Reporting by
Charities.. Statement of Recommended Practice applicable to charities preparing their accounts
in accordance with FRS 102 and the Companies Act 2006, the Charities ar5d Trustee Investment
(Scotlandl Act 2005 and the Charities Accounts (Scotlandl Regulations 200613s amended).
The charity meets the definition of the public benefit entity under FRS 102. Assets and
liabilities are initially recognised at historical cost or transaction value unless otherwise stated
in the relevant accounting policy note.
The accounts have been prepared on the going concern basis. There are no material
uncertainties about the charity's ability to continue.
bl Income
Donations and legacies are received by way of donations and gifts and are included in full in the
statement of financial activities when received.
Fundraising income is included in full in the statement of financial activitie5 when received.
cl Expenditure
Expenditure is recognised on an accruals basis as a liability is incurred.
All costs are allocated between the expenditure categories of the statement of financial
activities on a basis designed to reflect the use of the resource. Cost related to a particular
activity are allocated directly, others are apportioned on an appropriate basis.
dl Funds
Unrestricted funds are donations and other incoming resources receivable or generated for
charitable purposes.
Designated funds are unrestricted fund5 earmarked by the trustees for a particular purpose.
Restricted funds represent grants and donations, which are allocated by the donor for specific
purposes. Expenditure which meets these criteria is ch3rged to the appropriate fund.
12

UTILITA GIVING
Icompany limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
I ACCOUNTING POLICIES Icontinuedl
el Donated services and facilitie5
Donated professional services and donated facilities are recognised as income when the charity
has control over the item, any conditions associated with the donated item have been met, the
receipt of economic benefit from the use by the charity of the item is probable and that
economic benefit can be measured reliably. On receipt, donated professional services and
donated facilities are reco8nised on the basis of the value of the gift to the charity which is the
amount the charity would be willing to pay for to obtain services or facilities of equivalent
economic beenfit on the open market. A corresponding amount IS then recognised as
expenditure in the period of receipt.
fl Financi31 Instruments
The charity only has financi31 assets and financial liabilites of a kind th3t qualify a5 basic
financial instruments. Basic financial instruments are initially recognised at transaction value
and subsequently measured at their Settlement value.
2 LEGAL STATUS
The charity is a company limited by guarantee and has no share capital. The charitable
company was incorporated on 16 February 2022 in the United Kingdom and commenced it's
charitable activities on 27 April 2022. The charitable company was registered on 14 December
2022 with the Charity Commission in England and Wales. The charity registered with The
Scottish Charity Regulator on 16 March 2023. The charity is a public beneflt entity.
The registered office of the charitable company is Hutwood Court, Bournemouth Road,
Chandler's Ford, Eastleigh, 5053 3QB.
13

UTILITA GIVING
Icompany limited by guarantee and not having 3 Share capltall
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
3 DONATIONS AND LEGACIES
Year
11 months
ended
ended
31 March
31 March
Restricted Unrestricted
funds
fLFnds
2024
Total
2023
Total
Donations and Similar income
Utilita Energy Limited donations
Donated services Isee note 161
other donations
Gift aid
5,475
5,261,316
60,087
27,545
1,670
5,266,791
60,087
27,971
1,670
256,217
50,000
924
135
426
5,901
5,350,618
5,356,519
307,276
4 FUNDRAISING INCOME
Year
ended
31 March
11 months
ended
31 March
Restricted Unrestrlcted
funds
funds
2024
Total
2023
Total
Golf day
35,132
35,132
26,750
14

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
CHARITABLE ACTIVITIES EXPENDITURE
Year
ended
31 March
2024
Total
11 months
ended
31 March
2023
Total
Restricted Unrestricted
funds
funds
COSTS DIRECTL Y ALLOCA TED TO ACTIVITIES
Grants and donations15ee note 141
Golf day expenses
Fuel research
20,931
537,620
10,895
108,375
558,551
10,895
108,375
138,009
7,152
20,931
656,890
677,821
145,161
SUPPOR T COSTS ALLOCA TED TO ACTIVITIES
Insurance
Audit and 3ccount3ncy fees
Subscriptions
Bank charges
Legal and professional fees
Advertising and marketing
IT software and consumables
Wages and salaries
Sponsorship
General èxpenses
Mana8ement charge (see note 161
3,086
6,672
358
1,122
558
2,519
854
97,579
10,950
2,876
60,000
3,086
6,672
358
1,122
558
2,519
8S4
97,579
10,950
2,876
60,000
2,002
4,740
401
140
4,315
50,000
186,574
186,574
61,598
TOTAL EXPENDITURE
20,931
843,464
864,395
206,759
Included within audit and accountancy fees is £4,80012023.. É3,8401 payable to the auditors for the
statutory audit and £1,200 12023.. £9001 for accounts preparation. £672 was also payable for
corporation tax and payroll services12023.. £nill.
15

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
EMPLOYED STAFF COSTS AND NUM8ER5
Year
ended
31 March
2024
11 months
ended
31 March
2023
Employed staff costs were as follows..
Salaries and wages
Social security costs
Pension
93,171
3,674
734
97,579
No employee earned more than £60,000 during this or the prior year.
Included within wages and salaries is £64,660 recharged from Utilita Energy Limlted for two
members of staff. This is in addition to the staff costs recharged as a management charge as detailed
in note 16.
At the year end there were outstanding pension contributions payable of £33012023.. £nill, Total
pension contributions of £73412023.. £nill were paid by the charity and are included in the SOFA.
Key management comprises one individual who was paid a total of £30,38812023: nil)
The average number of employees during the year was as follows..
Direct charitable work
7 TAXATION
The charity is exempt from corporation tax as all its income is charitable and is applied for charitable
purposes.
DEBTORS
2024
2023
Trade debtors
Prepayments and accrued income
other debtors
300
24,247
112
1,045
24,659
1,045
16

UTILITA GIVING
Icompany limite.d by guarantee and not having a share capitall
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
CREDITORS.. amounts falling due within one year
2024
2023
Trade creditors
other taxation and social security
Other creditors
Accruals and deferred income
28,792
2,488
330
4,000
8,532
4,740
40,142
8,740
10 RESTRICTED FUNDS
At
IApril
2023
At
31 March
2024
Income Expendlture
Transfer5
Foodbanks/Penny-a-vend
Helping Hands
Pan Together Fund
5,756
15,7561
115,0301
11451
99,613
84,583
145
99,613
5,901
120,9311
84,583
Purposes of restrictedfunds
FoodbankslPenny-a-vend
'Penny-a-Vend" was where Utilita Energy Limited agreed to pay I penny for every vend made in the
run up to Christmas by its customers, via the My Utilita app, to be allocated to various foodbanks
that Utilita Energy has been Involved with.
Helplng Hands
The Helping Hands Fund was created to alleviate fuel poverty among Utilit8 Energy Limited's
customer5 who were unable to pay their energy bills and who agreed to have a Smart Met@r
installed in prepayment mode,
Pan Together Fund
A one off fundraiser by our energy hub in IOW specifically for this charity which was matched bv
Utilita Giving
16

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
11 UNRESTRICTED FUNDS
At
l April
2023
At
31 March
2024
Income
Expenditure
Transfers
Designatedfund5
Food Poverty
Fuel Povertv
2,500,000
2,500,000
5,000,000
1207,1061
1459,8191
1666,9251
2,292,894
2,040,181
4,333,075
General funds
TotJl unrestrictedfunds
27,654
27,654
526,045
5,526,045
1176,5391
1843,4641
377,160
4,710,235
Purposes of designatedfunds
Food Poverty and Fuel Poverty
During the year Utilita Energy Limited donated £5m. The Trustees have reviewed this donation and
have agreed that it is not practical to spend this money appropriately in a single year. A designation
has been made such that 500/0 will be spent on projects associated with helping people out of food
poverty and 50% will be spent on projects helping people out of fuel poverty.
17

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
12 ANALYSIS OF NET ASSETS BETWEEN FUNDS
Restricted
funds
Designated
fund5
General
fund5
Total
funds
Yeor ended 31 March 2024
Debtors
Cash at bank and in hand
Creditors
24,659
392,643
140,1421
377,160
24,659
4,810,301
140,1421
4,794,818
84,583
4,333,075
NET ASSETS
84,583
4,333,075
Restrltted
funds
Deslgnated
funds
General
funds
Total
f unds
Period erjded 31 March 2023
Debtors
Cash at bank and in hand
Creditors
1,045
35,349
18,7401
27,654
1,045
134,962
18,7401
127,267
99,613
NET ASSETS
99,613
13. TRUSTEE EXPENSES
No trustee5 received any remuneration. One trustee was reimbursed £934 for expenses incurred on
behalf of the charity.
18

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
14. ANALYSIS OF GRANTS
Grants lincluding fuel research grants) made in the year totalled E666,92612023.. £138,009), all of
which were given to institutions . Gifts over El,000 per institution are as follows..
2024
2023
Customers of Utilita Energy Limited
Stepchange
Homestart
Edinburgh NE Foodbank IThe Tru55ell TrLJStI
The Cathedral Archer Project
Blackburn Foodbank IThe Trussell Trust)
Bilston Support Network
Derby City Mission
Chroma Church
Friends of the Homeless in Fareham and Gosport
Free Food in Sandown
Southampton City Mission
Hartlepool Foodbank (The Trussell Trust)
Families First
Cambridge Architectural ftesear¢h Ltd (fuel research)
University of Oxford Ifuel research)
Bedford Strect
273,377
68,000
6,000
2,176
1,750
1,750
1,750
1,750
53,059
48,000
6,000
2,798
2,798
2,798
2,798
2,798
2,798
2,798
2,798
2,798
2,798
1,650
2,213
1,750
1,750
65,520
42,855
9,980
10,000
11,550
1,750
34,144
1,750
1,750
4,000
I,ooi
8,984
4,047
3,746
1,641
5,000
1,641
5.844
5,000
5,451
Brentford Street
Colchester Food bank
Communities Food and Wellbeing Fund
Durham Christian Partnership
Eastleigh Basics Bank
G13sgow SE Foodbank
Hibernian Community Foundation
Hounslow Community
Huddersfield Town Foundation
Luton Food bank
The Bay Food bank
North Bristol Food bank
North Essex Support Team
Operation Christmas
Redeemed Christian
SCRATCH
Southampton CAB
19

UTILITA GIVING
(Company limited by guarantee and not havinE a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
14. ANALYSIS OF GRANTS Icontinuedl
2024
2023
The Big Difference
Trash Cafe
62,877
1,750
8,950
1,750
3,(K)O
Unit 12 CIC
Warrington Foodbank
Wickham Pantry
15 RELATED PARTYTRANSACTIONS
During the year Utilita Givlng received donations totalling £5,266,79112023'. £256,217) from Utilita
Energy Limlted, a company in which M D E Smith, trustee, was also a director and employee until 31
March 2024. One other trustee is also an employee of Utilita Group Limited. These donations were
to support the charitable work of Utilita Giving.
During the year grants totalling £252,511 were paid to customers of Utilita Energy Limited under the
Winter Warmer Schemes With a further £4,964 of NEST vouchers. A further £15,90212023.. £3871
was donated to support Utilita Energy Limited's customers under the Helping Hands Project. During
the prior period, grants totalling £52,672 were paid via Utilita Energy Limited to their customers as
part of the fuel support grant project, specifically to support customers not covered by the
government Energy Bills Support Scheme.
Utilita Energy Limited were also reimbursed a total of £66,080 for expenses incurred on behalf of
Utilita Giving, including staff costs of £64,660. At the year end, amounts were owed to Utilita Giving
of £11,878 and are included in creditors.
16. DONATED GIFTS AND SERVICES
During the year, the charity received donated gift5 and Services in kind from Utilita Energy Limited
with a value of gift to the charity of £60,000,12023.. £50,000) which was included in both income and
expenditure. This included cogts of approximately £54,000 being notional recharges of Utilita Energv
Limited staff costs.
20

UTILITA GIVING
(Company limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
17. PRIOR PERIOD STATEMENT OF FINANCIAL ACTIVITIES
STATEMENT OF FINANCIAL AcfiviTIES FOR THE PERIOD ENDED 31 MARCH 2023
(including Income and expenditure account)
2023
Total
funds
Restricted Unrestricted
funds
funds
INCOME
Donations and legacies
Fundraising income
128,320
178,956
26,750
307,276
26,750
TOTAL INCOME
128,320
205,706
334,026
EXPENDITURE
charitable activities
28,707
178,052
206,759
TOTAL EXPENDITURE
28,707
178,052
206.759
NET INCOME FOR THE PERIOD
99,613
27,654
127,267
Transfers between funds
NET MOVEMENT IN FUNDS FOR THE PERIOD
99,613
27,654
127,267
FUNDS ATTHE BEGINNING OF THE PERIOD
FUNDS ATTHE END OF THE PERIOD
99,613
27,654
127,267
21

UTILITA GIVING
Icompany limited by guarantee and not having a share capital)
NOTES TO THE ACCOUNTS FOR THE YEAR ENDED 31 MARCH 2024
18. PRIOR PERIOD MOVEMENTS IN FUNDS
RESTRICTED FUNDS
At
l Aprll
2022
At
31 March
2023
Income Expenditure
Transfers
Foodbanks/Penny-a-vend
Helping Hands
28,320
loo.000
128,3201
13871
99,613
128,320
128,7071
99,613
UNRESTRICTED FUNDS
At
IApril
2022
At
31 March
2023
Income
Expendlture
Transfers
General funds
205,706
1178,0521
27,654
22