REGISTERED CHARITY NUMBER: 045826 

REPORT OF THE TRUSTEES AND FINANCIAL STATEMENTS 

FOR THE YEAR ENDED 31 JULY 2025 

FOR 

ENERGY FUTURES NORTH EAST 


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Bain Henry Reid<br>CHARTERED ACCOUNTANTS<br>www.bainhenryreid.co.uk<br>**----- End of picture text -----**<br>


ENERGY FUTURES NORTH EAST 

CONTENTS OF THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 


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|||||||||
|---|---|---|---|---|---|---|---|
|Page|
|Report|of the|Trustees|1|
|Independent|Examiner's|Report|2|
|Statement|of Financial|Activities|3|
|Balance|Sheet|4|
|Notes|to|the|Financial|Statements|5|to|6|
|Detailed|Statement|of Financial|Activities|7|

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ENERGY FUTURES NORTH EAST 

REPORT OF THE TRUSTEES FOR THE YEAR ENDED 31 JULY 2025 

The trustees present their report with the financial statements of the charity for the year ended 31 July 2025. The trustees have adopted the provisions of 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). 

## STRUCTURE, GOVERNANCE AND MANAGEMENT 

## Governing document 

The charity is controlled by its governing document, a deed of trust and constitutes an unincorporated charity. 

## REFERENCE AND ADMINISTRATIVE DETAILS 

Registered Charity number 

045826 

Principal address Devenick Heights 

Ardoe 

Aberdeen AB12 5XT 

## Trustees 

Miss E A Duthie Director 

D Pinto (resigned 5/12/24) 

M Kerr (resigned 5/12/24) 

A Penley (appointed 5/12/24) Ms P Esslemont (appointed 5/12/24) 

## Independent Examiner 

Bain Henry Reid 51-53 High Street Turriff ABS53 4EJ 

Approved by order of the board of trustees one, April 2026 and signed on its behalf by: 


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Miss E A Duthie - Trustee 

INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF ENERGY FUTURES NORTH EAST 

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Independent examiner's report to the trustees of Energy Futures North East 

I report to the charity trustees on my examination of the accounts of Energy Futures North East (the Trust) for the year ended 31 July 2025. 

## Responsibilities and basis of report 

As the charity trustees of the Trust 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 the Trust's accounts carried out under Section 145 of the Act and in carrying out my examination I have followed all applicable Directions given by the Charity Commission under Section 145(5)(b) of the Act. 

## Independent examiner's 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 Trust as required by Section 130 of the Act; or 2. the accounts do not accord with those records; or 

3. the accounts 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 repogtin order to enable a proper understanding of the accounts to be reached. 

John G Bowie 

## Bain Henry Reid 

1-53 Higtf Street Turriff ABS3 4EJ 

Date:Choaprit 2026 


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BAIN HENRY REID<br>**----- End of picture text -----**<br>


ENERGY FUTURES NORTH EAST 

STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025 

|||2025|2024|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|INCOMEAND ENDOWMENTS FROM||||
|Donations and legacies||61|-|
|EXPENDITURE ON||||
|Raising funds|2|20|-|
|NET INCOME||41|-|
|RECONCILIATION OF FUNDS||||
|Total funds broughtforward||386|386|
|TOTALFUNDSCARRIEDFORWARD||427|386|



The notes form part of these financial statements use RED 

Page 3 

ENERGY FUTURES NORTH EAST 

## BALANCE SHEET 

31 JULY 2025 

|||2025|2024|
|---|---|---|---|
|||Unrestricted|Total|
|||fund|funds|
||Notes|£|£|
|CURRENT ASSETS||||
|Cash in hand||427|386|
|NETCURRENT ASSETS||427|386|
|TOTALASSETS LESS CURRENT|LIABILITIES|427|386|
|NETASSETS||427|386|
|FUNDS|5|||
|Unrestricted funds||427|386|
|TOTALFUNDS||427|386|



The financial statements were approved by the Board of Trustees and authorised for issue onl, April 2026 and were signed on its behalf by: 

E A Duthie - Trustee 

The notes form part of these financial statements Ga— 

Page 4 

ENERGY FUTURES NORTH EAST 

NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025 

2. 

3. 

## I. ACCOUNTING POLICIES 

## Basis of preparing the financial statements 

The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) ‘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)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland’ and the Charities Act 2011. The financial statements have been prepared under the historical cost convention. 

## Income 

All income is recognised in the Statement of Financial Activities once the charity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. 

## Expenditure 

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregate all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basis consistent with the use of resources. 

## Taxation 

The charity is exempt from tax on its charitable activities. 

## Fund accounting 

Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. 

Restricted funds can only be used for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. 

Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. 

## RAISING FUNDS 

## Raising donations and legacies 

|Raising|donations and legacies|||||
|---|---|---|---|---|---|
|||2025||2024||
|||£||£||
|Support|costs||20||-|



## TRUSTEES' REMUNERATION AND BENEFITS 

There were no trustees' remuneration or other benefits for the year ended 31 July 2025 nor for the year ended 31 July 2024, 

## Trustees’ expenses 

There were no trustees' expenses paid for the year ended 31 July 2025 nor for the year ended 31 July 2024. 

BAIN HENRY REID 

ENERGY FUTURES NORTH EAST 

NOTES TO THE FINANCIAL STATEMENTS- continued FOR THE YEAR ENDED 31 JULY 2025 

## 4. COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES 

|||||Unrestricted|
|---|---|---|---|---|
|||||fund|
|||||£|
||NET INCOME|||-|
||RECONCILIATION OF FUNDS||||
||Total funds brought forward|||386|
||TOTAL FUNDS CARRIED FORWARD|||386|
|5.|MOVEMENT IN FUNDS||||
||||Net||
||||movement|At|
|||At 1/8/24|in funds|31/7/25|
|||£|£|£|
||Unrestricted funds||||
||General fund|386|41|427|
||TOTAL FUNDS|386|41|427|
||Net movement in funds, included in the above are as follows:||||
|||Incoming|Resources|Movement|
|||resources|expended|in funds|
|||£|£|£|
||Unrestricted funds||||
||General fund|61|(20)|41|
||TOTALFUNDS|61|(20)|41|



## 6. RELATED PARTY DISCLOSURES 

There were no related party transactions for the year ended 31 July 2025. 

ENERGY FUTURES NORTH EAST 

## DETAILED STATEMENT OF FINANCIAL ACTIVITIES FOR THE YEAR ENDED 31 JULY 2025 

||2025||2024||
|---|---|---|---|---|
||£||£||
|INCOMEAND ENDOWMENTS|||||
|Donations and legacies|||||
|Gifts||1||-|
|Donations||60||-|
|||61||-|
|Total incoming resources||61||:|
|EXPENDITURE|||||
|Support costs|||||
|Finance|||||
|Bank charges||20||-|
|Total resources expended||20||-|
|Netincome||41||-|



This page does not form part of the statutory financial statements