REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements For The Year Ended 31 March 2024 |
for |
REAP |
REGISTERED COMPANY NUMBER: |
REGISTERED CHARITY NUMBER: |
Report of the Trustees and |
Unaudited Financial Statements For The Year Ended 31 March 2024 |
for |
REAP |
REAP |
Contents of the Financial Statements |
For The Year Ended 31 March 2024 |
Page |
Report of the Trustees | 1 | to | 4 |
Independent Examiner's Report | 5 |
Statement of Financial Activities | 6 |
Balance Sheet | 7 | to | 8 |
Notes to the Financial Statements | 9 | to | 17 |
REAP (Registered number: SC316989) |
Report of the Trustees |
For The Year Ended 31 March 2024 |
The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2024. 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). |
OBJECTIVES AND ACTIVITIES |
The Company's Charitable Purposes are as per Clause 4 of the Memorandum of Association: |
- 4 (a) The Charitable Purposes of the Company ("the charitable purposes") are to work with local groups and agencies to encourage social enterprise, promote sustainable development and raise environmental awareness. |
- 4(b) In furtherance thereof, but not otherwise, the Company shall seek to support volunteers and agencies to identify challenges and work jointly towards solutions which make people the centre of decision making in their community. |
The company's objects and principal activities are: |
- To promote and support equitable economic solutions; |
- To raise environmental awareness and promote action to enhance our shared environment; |
- To promote cohesive communities that have the ability to meet their own needs; |
- To deliver a professional service by integrating an ethical approach and financial viability. |
The main objects and activities for the year remain: |
To continue with the Board's three main themes: |
a) Working to promote locally grown food |
b) Tackling fuel poverty |
c) Developing revenue generating activities in line with REAP's aims and objectives |
REAP (Registered number: SC316989) |
Report of the Trustees |
For The Year Ended 31 March 2024 |
ACHIEVEMENT AND PERFORMANCE |
REAP Local Food and Growing Work |
Action for Wellbeing, Sustainable Action Moray and Oaks Therapeutic Garden |
REAP continued the work in Elgin and Keith: our gardening project has been nurturing individuals, enhancing their wellbeing through nature-based interventions such as gardening and tending to plants. Beyond helping to improve mental and physical health of local people in rural communities, we're contributing to a greener future by promoting local food production and composting, thus playing a part in reducing greenhouse gas emissions. Our overarching goals encompasses bolstering resilience in mental health, reducing health inequalities, and fostering community integration. |
REAP Anti-Fuel Poverty Work |
Moray Energy Action Programme |
REAP continued work on its energy saving advice projects via the Energy Redress Scheme, which provides for 3 days per week for two Energy Advisors, 2 days a week for the REAP Manager and 2 days a week for our two Office Assistant. Our aim to provide free and impartial Energy Advice service across Moray remains. With the additional costs associated with fuel pricing our energy work continues to be in high demand. REAP continues to partner with the Fuel Bank Foundation to process emergency fuel vouchers supported by the Scottish Government. Moray households with prepayment meters can get a voucher texted to them which they can redeem at their local shop. The need to find additional funding and meet the needs of the client is an ongoing challenge. |
Other Energy Work - HEEPs, Adams Family Foundation, SGN, CEE and NEA |
REAP continues to employ an Energy Advisor one day per week on contract from Moray Council to provide energy advice to those in receipt of HEEPs (Home Energy Efficiency Programme Scotland) measures. |
Our other Energy Advisor is employed 2 days per week funded by The Adams Family Foundation (AFF) and SGN funds. This work is targeted at those living in areas scoring less well in the SIMD (in the bottom 20% for Scottish deprivation indicators, especially in health and income). |
With funding from the Scottish Gas Network (SGN), and the National Energy Action (NEA), Reap has also been at the forefront of raising the awareness of carbon monoxide danger in communities as well as promoting the use of smart meters to help vulnerable households save money on their energy bills. |
REAP have also been working to support energy efficiency amongst community groups and hall, with funding from Scottish Government through the Moray Third Sector Interface (TSI), our Community Energy Efficiency (CEE) project has been very popular amongst community groups and has helped drive the uptake of retrofit measures on community halls and buildings. |
REAP Enterprise Work |
Community Fund Administration |
REAP continued to administer the Hill of Towie Wind Farm Community Benefit Fund Grant Scheme, funded by the developer RES Ltd. REAP has carried out the administration of this fund since it launched in 2012. REAP also administers the Edintore Wind Farm Community Benefit Fund, funded by the developer Edintore Wind Farm Ltd, having won the tender in June 2016. Local awareness of both funds is good and REAP continues to provide support to applicants where needed. |
REAP as an employer |
REAP employed 10 people over the year (7.5 FTE). REAP remains committed to being a good employer and continually looks to improve pay and conditions for staff, including flexible working and family friendly policies. Regular catch ups have helped staff manage time, work, family commitments and new roles well. We can never underestimate how important it is to look after the staff team. REAP management has strengthened its corporate aims while also providing the enabling environment for all staff to flourish in their roles. |
Volunteers |
REAP's work continues to benefit from the enthusiasm, experience and commitment of volunteers which helps our connections in the local communities in Moray. REAP Board members are volunteers, and REAP's projects are enhanced by volunteers of all ages. Six volunteers on the Board continues to contribute many, many hours of work and supporting the staff in the various projects. |
REAP (Registered number: SC316989) |
Report of the Trustees |
For The Year Ended 31 March 2024 |
FINANCIAL REVIEW |
Funders |
REAP could not operate without the funders for our charitable activities, many of which will never be income generating. Over the past year REAP were awarded grants from the following funders: |
From April 2023 to March 2024, REAP were funded by awards from (largest to least): |
Energy Redress Scheme |
The Robertson Trust |
The National Lottery |
Just Transition Fund |
Moray Local Action Fund |
Adam Family Foundation (AFF) |
HEEPS (Moray Council) |
Scottish Gas Network (SGN) |
The Gordon & Ena Baxter Foundation |
Edintore Windfarm |
NHS Grampian |
Reserves |
It is the policy of the charity to build up unrestricted funds, which are the free reserves of the charity, to a level which are sufficient to cover management, redundancy fees, administration and support costs for a period of three months minimum and 6 months maximum. |
The level of unrestricted funds held at the year end was £161,278 of which £53,274 is represented by fixed assets and £63,450 represented funds designated for emergencies to cover management fees. |
Restricted funds are funds which are used in accordance with the specific restrictions imposed by donors or which have been raised by the charity for a specific purpose. |
The level of restricted funds held at the year end was £143,600. |
Organisational structure |
The Board of Trustees continued to meet via zoom and is responsible for the strategic direction, policy and financial control of the charity. |
The Board receives a financial report at each meeting. The Lead Staff attend the Board meetings and report on all areas of project delivery, employee matters, administration and day to day management. |
Risk |
The trustees have assessed the major risks to which the charity is exposed, in particular those related to the operations and finances of the charity and employer contractual obligations and are satisfied that systems are in place to mitigate its exposure to major risks. |
Investment powers |
The charity has the power to invest surplus funds as it believes appropriate. |
STRUCTURE, GOVERNANCE AND MANAGEMENT |
Governing document |
The charity is controlled by its governing document, a deed of trust, and constitutes a limited company, limited by guarantee, as defined by the Companies Act 2006. |
REFERENCE AND ADMINISTRATIVE DETAILS |
Registered Company number |
Registered Charity number |
REAP (Registered number: SC316989) |
Report of the Trustees |
For The Year Ended 31 March 2024 |
Registered office |
Trustees |
Independent Examiner |
Alan Long FCA |
Cathedral Accountancy |
4 North Guildry Street |
Elgin |
Moray |
IV30 1JR |
Approved by order of the board of trustees on |
Independent Examiner's Report to the Trustees of |
REAP |
I report on the accounts for the year ended 31 March 2024 set out on pages six to seventeen. |
Respective responsibilities of trustees and examiner |
The charity's trustees are responsible for the preparation of the accounts in accordance with the terms of the Charities and Trustee Investment (Scotland) Act 2005 and the Charities Accounts (Scotland) Regulations 2006 (as amended). The charity's trustees consider that the audit requirement of Regulation 10(1)(a) to (c) of the Accounts Regulations does not apply. It is my responsibility to examine the accounts as required under Section 44(1)(c) of the Act and to state whether particular matters have come to my attention. |
Basis of the independent examiner's report |
My examination was carried out in accordance with Regulation 11 of the Charities Accounts (Scotland) Regulations 2006. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented with those records. It also includes consideration of any unusual items or disclosures in the accounts, and seeking explanations from you as trustees concerning any such matters. The procedures undertaken do not provide all the evidence that would be required in an audit, and consequently I do not express an audit opinion on the view given by the accounts. |
Independent examiner's statement |
In connection with my examination, no matter has come to my attention : |
(1) | which gives me reasonable cause to believe that, in any material respect, the requirements |
- | to keep accounting records in accordance with Section 44(1)(a) of the 2005 Act and Regulation 4 of the 2006 Accounts Regulations; and |
- | to prepare accounts which accord with the accounting records and to comply with Regulation 8 of the 2006 Accounts Regulations |
have not been met; or |
(2) | to which, in my opinion, attention should be drawn in order to enable a proper understanding of the accounts to be reached. |
Alan Long FCA |
The Institute of Chartered Accountants in England and Wales |
Cathedral Accountancy |
4 North Guildry Street |
Elgin |
Moray |
IV30 1JR |
30 October 2024 |
REAP |
Statement of Financial Activities |
For The Year Ended 31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities | 2 |
Investment income | 3 |
Total |
EXPENDITURE ON |
Charitable activities |
Community Hub & Other Projects | - | 43,255 | 43,255 | - |
Total |
NET INCOME |
Transfers between funds | 11 | 42,804 | (42,804 | ) | - | - |
Net movement in funds |
RECONCILIATION OF FUNDS |
Total funds brought forward |
TOTAL FUNDS CARRIED FORWARD | 202,888 |
REAP (Registered number: SC316989) |
Balance Sheet |
31 March 2024 |
31.3.24 | 31.3.23 |
Unrestricted | Restricted | Total | Total |
funds | funds | funds | funds |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 8 |
CURRENT ASSETS |
Debtors | 9 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 10 | ( |
) | ( |
) | ( |
) |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
NET ASSETS |
FUNDS | 11 |
Unrestricted funds | 104,247 |
Restricted funds | 98,641 |
TOTAL FUNDS | 202,888 |
The charitable company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024. |
The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006. |
The trustees acknowledge their responsibilities for |
(a) | ensuring that the charitable company keeps accounting records that comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the charitable company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the charitable company. |
REAP (Registered number: SC316989) |
Balance Sheet - continued |
31 March 2024 |
These financial statements have been prepared in accordance with the provisions applicable to charitable companies subject to the small companies regime. |
The financial statements were approved by the Board of Trustees and authorised for issue on |
REAP |
Notes to the Financial Statements |
For The Year Ended 31 March 2024 |
1. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements of the charitable company, 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 Companies Act 2006. 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. |
Tangible fixed assets |
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. |
Plant and machinery | - |
Computer equipment | - |
Taxation |
The charity is exempt from corporation 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. |
2. | OTHER TRADING ACTIVITIES |
31.3.24 | 31.3.23 |
£ | £ |
Other income | 8,478 | 8,050 |
Administrative fees | - | 14,171 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
3. | INVESTMENT INCOME |
31.3.24 | 31.3.23 |
£ | £ |
Deposit account interest |
4. | NET INCOME/(EXPENDITURE) |
Net income/(expenditure) is stated after charging/(crediting): |
31.3.24 | 31.3.23 |
£ | £ |
Depreciation - owned assets |
Deficit on disposal of fixed assets |
5. | TRUSTEES' REMUNERATION AND BENEFITS |
There were no trustees' remuneration or other benefits for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
Trustees' expenses |
There were no trustees' expenses paid for the year ended 31 March 2024 nor for the year ended 31 March 2023. |
6. | STAFF COSTS |
The average monthly number of employees during the year was as follows: |
31.3.24 | 31.3.23 |
Part time |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
INCOME AND ENDOWMENTS FROM |
Donations and legacies |
Other trading activities |
Investment income |
Total |
EXPENDITURE ON |
Charitable activities |
34,449 | - |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
7. | COMPARATIVES FOR THE STATEMENT OF FINANCIAL ACTIVITIES - continued |
Unrestricted | Restricted | Total |
funds | funds | funds |
£ | £ | £ |
Total |
NET INCOME/(EXPENDITURE) | ( |
) |
Transfers between funds | 29,990 | (29,990 | ) | - |
Net movement in funds |
RECONCILIATION OF FUNDS |
Total funds brought forward | 86,675 | 43,124 |
TOTAL FUNDS CARRIED FORWARD | 104,247 | 98,641 | 202,888 |
8. | TANGIBLE FIXED ASSETS |
Plant and | Computer |
machinery | equipment | Totals |
£ | £ | £ |
COST |
At 1 April 2023 |
Additions |
At 31 March 2024 |
DEPRECIATION |
At 1 April 2023 |
Charge for year |
At 31 March 2024 |
NET BOOK VALUE |
At 31 March 2024 |
At 31 March 2023 |
9. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade debtors |
Prepayments |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
10. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.3.24 | 31.3.23 |
£ | £ |
Trade creditors |
Social security and other taxes |
Pension | - | 405 |
Other creditors |
Accrued expenses |
11. | MOVEMENT IN FUNDS |
Net | Transfers |
movement | between | At |
At 1.4.23 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 74,247 | 14,227 | 9,354 | 97,828 |
Designated Fund | 30,000 | - | 33,450 | 63,450 |
14,227 |
Restricted funds |
The Robertson Trust | 17,213 | (8,691 | ) | - | 8,522 |
Carbon Neutral Communities | 1,791 | (1,791 | ) | - | - |
Adam Family 2022-2023 Project | 7,638 | (4,754 | ) | - | 2,884 |
Beatrice 2022 | 1,428 | - | - | 1,428 |
Energy Redress Scheme | 7,089 | 16,360 | (7,392 | ) | 16,057 |
Fuel Payments Grant | 787 | 944 | - | 1,731 |
The National Lottery | 16,302 | (1,209 | ) | - | 15,093 |
Mental Health and Wellbeing | 14,976 | (7,549 | ) | - | 7,427 |
Dandelion Foundation | 1,575 | - | - | 1,575 |
Moray Local Action Fund | 15,718 | 5,846 | (5,250 | ) | 16,314 |
The National Lottery- Sustainable Action for Moray |
9,500 |
(4,753 |
) |
- |
4,747 |
HEEPS | 4,624 | 22,805 | - | 27,429 |
NHS Hub | - | 219 | - | 219 |
NHS AFW | - | 1,078 | - | 1,078 |
SGN | - | 15,812 | (10,000 | ) | 5,812 |
SGN2 | - | 15,280 | (4,635 | ) | 10,645 |
Cos of Living | - | 18,899 | - | 18,899 |
Gordon & Ena Foundation | - | 5,000 | (3,760 | ) | 1,240 |
Edintore | - | 11,767 | (11,767 | ) | - |
Moray Climate Action Network | - | 2,500 | - | 2,500 |
87,763 | ( |
) |
TOTAL FUNDS | 101,990 | 304,878 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
Net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 43,116 | (28,889 | ) | 14,227 |
Restricted funds |
The Robertson Trust | 25,300 | (33,991 | ) | (8,691 | ) |
Carbon Neutral Communities | - | (1,791 | ) | (1,791 | ) |
Adam Family 2022-2023 Project | 1 | (4,755 | ) | (4,754 | ) |
Energy Redress Scheme | 93,467 | (77,107 | ) | 16,360 |
Fuel Payments Grant | 1,109 | (165 | ) | 944 |
The National Lottery | 22,597 | (23,806 | ) | (1,209 | ) |
Mental Health and Wellbeing | 1 | (7,550 | ) | (7,549 | ) |
Moray Local Action Fund | 27,283 | (21,437 | ) | 5,846 |
The National Lottery- Sustainable Action for Moray |
- |
(4,753 |
) |
(4,753 |
) |
HEEPS | 35,242 | (12,437 | ) | 22,805 |
NHS Hub | 1,500 | (1,281 | ) | 219 |
NHS AFW | 10,001 | (8,923 | ) | 1,078 |
SGN | 24,901 | (9,089 | ) | 15,812 |
SGN2 | 15,816 | (536 | ) | 15,280 |
Cos of Living | 51,950 | (33,051 | ) | 18,899 |
Gordon & Ena Foundation | 5,000 | - | 5,000 |
Edintore | 11,767 | - | 11,767 |
Moray Climate Action Network | 2,500 | - | 2,500 |
( |
) | 87,763 |
TOTAL FUNDS | ( |
) | 101,990 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparatives for movement in funds |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.23 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 82,790 | (12,418 | ) | 3,875 | 74,247 |
Designated Fund | 3,885 | - | 26,115 | 30,000 |
86,675 | (12,418 | ) | 29,990 | 104,247 |
Restricted funds |
The Robertson Trust | 758 | 16,455 | - | 17,213 |
Carbon Neutral Communities | 2,850 | (1,059 | ) | - | 1,791 |
Adam Family 2022-2023 Project | 5,439 | 2,199 | - | 7,638 |
Beatrice 2022 | 3,727 | (2,299 | ) | - | 1,428 |
Energy Redress Scheme | - | 7,089 | - | 7,089 |
People's Postcode Trust | 9,399 | (7,060 | ) | (2,339 | ) | - |
Fuel Payments Grant | 1,089 | 141 | (443 | ) | 787 |
The National Lottery | 9,862 | 6,440 | - | 16,302 |
Mental Health and Wellbeing | 10,000 | 6,391 | (1,415 | ) | 14,976 |
HIE | - | 221 | (221 | ) | - |
Dandelion Foundation | - | 2,057 | (482 | ) | 1,575 |
Just Transition Particpatory | - | 22,732 | (22,732 | ) | - |
Moray Local Action Fund | - | 15,718 | - | 15,718 |
The National Lottery- Sustainable Action for Moray |
- |
9,500 |
- |
9,500 |
HEEPS | - | 6,982 | (2,358 | ) | 4,624 |
43,124 | 85,507 | (29,990 | ) | 98,641 |
TOTAL FUNDS | 129,799 | 73,089 | - | 202,888 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
Comparative net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 25,687 | (38,105 | ) | (12,418 | ) |
Restricted funds |
The Robertson Trust | 26,451 | (9,996 | ) | 16,455 |
Carbon Neutral Communities | - | (1,059 | ) | (1,059 | ) |
Adam Family 2022-2023 Project | 6,630 | (4,431 | ) | 2,199 |
Beatrice 2022 | - | (2,299 | ) | (2,299 | ) |
Energy Redress Scheme | 41,863 | (34,774 | ) | 7,089 |
People's Postcode Trust | 1 | (7,061 | ) | (7,060 | ) |
Fuel Payments Grant | 1,522 | (1,381 | ) | 141 |
The National Lottery | 24,680 | (18,240 | ) | 6,440 |
Mental Health and Wellbeing | 11,999 | (5,608 | ) | 6,391 |
HIE | 221 | - | 221 |
Dandelion Foundation | 2,720 | (663 | ) | 2,057 |
Just Transition Particpatory | 25,507 | (2,775 | ) | 22,732 |
Moray Local Action Fund | 21,751 | (6,033 | ) | 15,718 |
The National Lottery- Sustainable Action for Moray |
9,500 |
- |
9,500 |
HEEPS | 11,748 | (4,766 | ) | 6,982 |
184,593 | (99,086 | ) | 85,507 |
TOTAL FUNDS | 210,280 | (137,191 | ) | 73,089 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined position is as follows: |
Net | Transfers |
movement | between | At |
At 1.4.22 | in funds | funds | 31.3.24 |
£ | £ | £ | £ |
Unrestricted funds |
General fund | 82,790 | 1,809 | 13,229 | 97,828 |
Designated Fund | 3,885 | - | 59,565 | 63,450 |
86,675 | 1,809 | 72,794 | 161,278 |
Restricted funds |
The Robertson Trust | 758 | 7,764 | - | 8,522 |
Carbon Neutral Communities | 2,850 | (2,850 | ) | - | - |
Adam Family 2022-2023 Project | 5,439 | (2,555 | ) | - | 2,884 |
Beatrice 2022 | 3,727 | (2,299 | ) | - | 1,428 |
Energy Redress Scheme | - | 23,449 | (7,392 | ) | 16,057 |
People's Postcode Trust | 9,399 | (7,060 | ) | (2,339 | ) | - |
Fuel Payments Grant | 1,089 | 1,085 | (443 | ) | 1,731 |
The National Lottery | 9,862 | 5,231 | - | 15,093 |
Mental Health and Wellbeing | 10,000 | (1,158 | ) | (1,415 | ) | 7,427 |
HIE | - | 221 | (221 | ) | - |
Dandelion Foundation | - | 2,057 | (482 | ) | 1,575 |
Just Transition Particpatory | - | 22,732 | (22,732 | ) | - |
Moray Local Action Fund | - | 21,564 | (5,250 | ) | 16,314 |
The National Lottery- Sustainable Action for Moray |
- |
4,747 |
- |
4,747 |
HEEPS | - | 29,787 | (2,358 | ) | 27,429 |
NHS Hub | - | 219 | - | 219 |
NHS AFW | - | 1,078 | - | 1,078 |
SGN | - | 15,812 | (10,000 | ) | 5,812 |
SGN2 | - | 15,280 | (4,635 | ) | 10,645 |
Cos of Living | - | 18,899 | - | 18,899 |
Gordon & Ena Foundation | - | 5,000 | (3,760 | ) | 1,240 |
Edintore | - | 11,767 | (11,767 | ) | - |
Moray Climate Action Network | - | 2,500 | - | 2,500 |
43,124 | 173,270 | (72,794 | ) | 143,600 |
TOTAL FUNDS | 129,799 | 175,079 | - | 304,878 |
REAP |
Notes to the Financial Statements - continued |
For The Year Ended 31 March 2024 |
11. | MOVEMENT IN FUNDS - continued |
A current year 12 months and prior year 12 months combined net movement in funds, included in the above are as follows: |
Incoming | Resources | Movement |
resources | expended | in funds |
£ | £ | £ |
Unrestricted funds |
General fund | 68,803 | (66,994 | ) | 1,809 |
Restricted funds |
The Robertson Trust | 51,751 | (43,987 | ) | 7,764 |
Carbon Neutral Communities | - | (2,850 | ) | (2,850 | ) |
Adam Family 2022-2023 Project | 6,631 | (9,186 | ) | (2,555 | ) |
Beatrice 2022 | - | (2,299 | ) | (2,299 | ) |
Energy Redress Scheme | 135,330 | (111,881 | ) | 23,449 |
People's Postcode Trust | 1 | (7,061 | ) | (7,060 | ) |
Fuel Payments Grant | 2,631 | (1,546 | ) | 1,085 |
The National Lottery | 47,277 | (42,046 | ) | 5,231 |
Mental Health and Wellbeing | 12,000 | (13,158 | ) | (1,158 | ) |
HIE | 221 | - | 221 |
Dandelion Foundation | 2,720 | (663 | ) | 2,057 |
Just Transition Particpatory | 25,507 | (2,775 | ) | 22,732 |
Moray Local Action Fund | 49,034 | (27,470 | ) | 21,564 |
The National Lottery- Sustainable Action for Moray |
9,500 |
(4,753 |
) |
4,747 |
HEEPS | 46,990 | (17,203 | ) | 29,787 |
NHS Hub | 1,500 | (1,281 | ) | 219 |
NHS AFW | 10,001 | (8,923 | ) | 1,078 |
SGN | 24,901 | (9,089 | ) | 15,812 |
SGN2 | 15,816 | (536 | ) | 15,280 |
Cos of Living | 51,950 | (33,051 | ) | 18,899 |
Gordon & Ena Foundation | 5,000 | - | 5,000 |
Edintore | 11,767 | - | 11,767 |
Moray Climate Action Network | 2,500 | - | 2,500 |
513,028 | (339,758 | ) | 173,270 |
TOTAL FUNDS | 581,831 | (406,752 | ) | 175,079 |
12. | RELATED PARTY DISCLOSURES |