REGISTERED CHARITY NUMBER: 045820 REPORT OF THK TRUSTEES AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2024 FOR KNERGY FirruRES NORTH EAST Rain Henry Reid 28 Broad Stre¢t BAIN HENRY REID C H A R T ER e D ACCOUNT ANTS www.b471*h•mryv•ld.e•.•lL
ENERGY FUTURES NORTH EAST CONTElYtS OF THE FIIYANCIAL STATEMEKrs FOR THE YEAR ENDED 31 JULY 2024 P•8• Rtportof th¢ Tru•t¢ IDdepeDdÉnt Exmin¢r'4 Rert Stst¢miitof FlnRDclIl Actlvltl BalaN• She•t l¥ots• to th• Fli•D¢ll S¢•temeDts
ENERGY FUTURES NORTH EAST REPORT OF THE TRusfEES FOR THE YEAR ENDED 31 JULY 2024 The trustres present their repjrt with the t1[rial stal¢ment5 of the charity for the year endEd 3 1 July 2024. The tNstees have adopted the proYision8 of Accounting and RertIng by Charilies.. Statemenl of Recornrnended Pra¢lice applicable lo chariiies preparing Iheir SKLounis in a¢¢ordfjnce the FiTLon¢ial Rcptrrting SLqndard applicable in the UK and R¢publi¢ of Ir¢land (FRS 1021 Icff¢ctive l January 20191. STRUCTURE, COVKRNANCK AND MANAGEMKNT Governing document Th¢ ¥liuTily i¥ ¢onlwlltyJ by its govrrnin8 dorumcnL a dr of iru5¢ and GoD5tiWlr$ an uTJinwTrxiraied ¢harity. REFERENCE AND ADMINISTRATIVE DETAILS ilegisttrÈd Ch*rlty number 045826 Prlnclpll iddr Devtniek Hei8his Ardoc Ab¢rd¢¢n AB12 5XT Approvcd by ordcr ofthe board of tnjstccs on . DKember 2024 ond 8i8ned on its bthalf by.. tN Fiiim. RIID Page I
INDEPENDENT EK4MINER'S REPORT TO THE TRUSTEES OF ENERCFY FUTURFS NORTH EAST Independent exam5ner's report to th trusteu of EThérgy Futures North East J rcpon to tbc charity trust¢es on my examindion of thc accounts Df Energy Futures North E&%t {the Trust) for the ycaT ended 31 July 2024. ReAponslbllltleK Ind of repDrt As thc ¢harlty tTUSttts of the Trust you ar¢ r¢swnsible for the pr¢par81ion of the accounts it) accordance with the requirements of the Charitie5 A¢1 2011 I'thr Ad'}. I report in rwect of my examination of the Trusvg account$ tarried out und¢r S¢¢tiort 145 of th¢ Act tn earying out my txaminaiion I have followed all applicabl¢ Directions given by the Chuity Commission under Staion 14515llbl of the Act. lud¢p¢nd¢nt examlncr's JtsttmeNt I have rompleted my emination. I wnfirm thai rfiatCTiaI mllttcrs hovc cornc to rny dttcntion in connection with the cxamin&iion Bivirt8 me c&use to believe th&t in any Tnatcrial re5pect-. a¢couniin8 records wttc not kept in re5PCCt of ihe Trust rcquired by Seciion 130 ofih¢ A¢1; or thc aOUnts do nol accord with ihose r¢¢ord$.' or the accounts do not eomply with the applicablc rcquircmcnts concernin8 the form and content of Accounts set out in the Chariiies (Accounts and Rcports) Rcgulations 21M)8 other than Blly n>4uirem¢Di that ih¢ 8¢¢ouots givc 8 trne and fair view whi¢h is not Consid as pan oran Independent exarninatiotl. I hive no <onccrns and havc come across no other Matte in £onn¢dion with the cx&minalion to which attcntion should b¢ drawn in Tl in vrder In ep.thle i er Tirtlev.f8YdiYTP nt Ihc Hccounts to be TeBched. Drtie,. iy December 2024 Page 2
ENERCY FUTURES NORTH L4ST STATEMENT OF FINANCIAL AcrrviTIES FOR THE YR EPIDED JI JULY 2014 2024 Unrestrl¢¢ed rud 2023 Total rund5 Notos NET INCOME RECONCILIATION OF FIJNDS Tothl funds brought forward 386 TOTAL FUNDS CARRIED FORWARD 386 The llo5 forni prtofthcse fanCial 5tatcmcnt5
ENERGY FUTURES NORTH EAST BALANCE SHEET JI JULY 2024 2024 Ufflrtstri¢ted fund 2023 Toi8J fijnds Notes CURRENT ASSETS Cash in hand 386 386 NET CURRENT ASSETS 386 TOTAL ASSETS LESS CURRENT LIABILITIES J86 386 NET ASSITS 386 386 FUNDS Unrestrict&J 386 386 TOTAI, FUNDS 386 386 Th¢ fin&n¢i&l stat¢mcnts wcr¢ approved by the Board of Trustee8 Qnd authorised for i&4ue on ....... Decemb¢r 2024 ond wer¢ Jign¢d on 119 beh*ifby'. The notes fomi partof these financial statemert5 Pa8e 4
ENKRGY FUTURES NORTH EAST NOTES TO THE VINANCVAL STATEMENTS FOR THE YEAR EIYDED JI JULY 2024 ACCOU]¥TING POLICIES BASIS of prerI2 th¢ fin##tiil $tst¢m¢Nts The financial statements of the charity. which 15 a public ben¢fJt cntity under FRS 102, have been pr¢par¢d in ¢ordance with the (:haritics SORP IFRS 1021'Accounting and RerKbrting by Charities.. SiateTnentof Recommended Pr2Ctice applic4ble lu ch¥Jities preparing (heir accounts in acL¥)riLgnce with the Financial Reportin8 Stsndard applieable in Ihe UK and Republie of ireland IFRS 102} Icffcdivc l January 2019).. financsal Rcporting Standard 102 Yhc financial RcFQrting Standard applicable in the UK and Republic of Ireland, and the Chariii¢$ A¢L 2011. Th¢ fJnon¢ial stht¢m¢nts hAV¢ Ix¢n pr¢p8rthl und¢T the historical cost tt>nveniion. T•x•ilon The charity 18 ex¢mpt from i&x on IL¥ ¢hariiabl¢ a¢tivi¢ie8. Fufftd g¢¢oyntlng UDItSlrickd funds can be u5cd in accoTdan¢e with the ¢haritsble obj¢ciiv¢s ai the dis¢Tetion of th¢ mist Restricted hjnds ¢&n only be used for particular restricted purrxjses within the objects ofihe ch8rily. Rene110nS arise when specificd by the donor or when fijnds 8re r&i$ed for paniculAr r¢$tri¢ied pur$¢$. Furth¢T ¢xpIEnation of the noturc and purpose of each fvnd is incltsd¢d in th¢ now th¢ fJnan¢ial jtstrments. TrUSTF,F,S' REMUNERATION AND BENEFITS Th¢r¢ wrr¢ th) ¢nJst£f5' remunerat or other bencfJ15 for th¢ y¢ar cnd¢d 31 July 2024 nor for ihe ycar ended 31 July 2023. Tru•tw' ¢xp•ni¢• Th¢re w¢r¢ tr¥si¢es' ¢xpen%'s paid for ihe yettr erldrd 31 July 2024 nor for thr yw ¢dEd 31 July 2023. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES Unre%tricted Djnd NET INCOME RECONCILIATION OF FUNDS Tothl funds brou8ht forw8rd 386 TOTAL FUNDS CARRIED FORWARD 386 MOVKMENT IN FUNDS N¢t ovcmcnt in tunds At 31nn4 At IIV23 Unregtrithd fullds G¢n¢ral fund 386 386 TOTAL FUNDS Pagc 5
ENERGY FirriJRES NORTH EAST NOTES TO THE FINANCIAL STATEMKNTS- <tInued FOR THE YEAR ENDED 31 JULY 2014 MOVEMENT IN FtiNDS- wnllnued Net movtment in fun¢M incluthd in the alk)ve 8re &$ follows.. In¢omin8 Mov0]1 in fwjdy eKpcndcd TOTAL FUNDS RELATED PARTY DISCLOSURES There We no r¢lated party trwjsactions for the year ended 31 July 2024. Pa8e 6