SEVERN WYE ENERGY AGENCY
Education and promotion of sustainable resource use, energy efficiency and renewable energy to tackle the fuel poverty and to improve health, wellbeing and quality of life for all. Protection of the environment, relief of poverty and community regeneration through sustainable development solutions, training and delivery, to meet the needs of the present without compromising future generations.
Financial health, per its FY2025 accounts
The accounts state that unrestricted funds increased to £1,221,775, exceeding the stated reserves policy target of £780,000. The charity reported a net decrease in unrestricted funds of £180,552 for the year, driven by higher project delivery costs and an impairment charge on the Mersey Biochar project. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified.
What the accounts disclose
“In the band £80,001 - £90,000 1”
“The Reserves Policy target is to have sufficient reserves to meet three months running costs, plus meet all the liabilities of the organisation and to provide sufficient cash to fund the organisation’s activities. The level of resources required has been assessed at £780,000.” — page 13
“Sales were made during the year to a company of which a trustee is a director. These sales totalled £6,480 (2024: £Nil) and there were no amounts outstanding from this company at the year-end (2024: £Nil). No other trustee or other person related to the charity had any other personal interest in any contract or transaction entered into by the charity in this year or the previous one.” — page 42
In the news
- New chief executive for Gloucester-based Severn Wye Energy Agency - Punchline-Gloucester.com
- Gloucestershire businesses can get funding to go green through Severn Wye Energy Agency
Structured financials (annual return, FY ending 31/03/2025)
Register events
- Received assets from another charity (22/09/2023)
Trustees
- Catherine Cheetham
- Christopher Mark Welby
- Emma Elizabeth Voss
- Jamie Abbott
- Mareika Katharina Schmidt
- Martin Paul Smith Lomas
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £10.5m | £10.3m |
| 31/03/2024 | £7.2m | £5.7m |
| 31/03/2023 | £6.7m | £6.3m |
| 31/03/2022 | £4.9m | £4.5m |
| 31/03/2021 | £3.8m | £3.4m |
Common questions
Is SEVERN WYE ENERGY AGENCY financially healthy?
Per its FY2025 accounts: The accounts state that unrestricted funds increased to £1,221,775, exceeding the stated reserves policy target of £780,000. The charity reported a net decrease in unrestricted funds of £180,552 for the year, driven by higher project delivery costs and an impairment charge on the Mersey Biochar project. The trustees and auditors confirm the charity is a going concern with no material uncertainties identified. Its FY2025 accounts were audited by Bishop Fleming Audit Limited.
What does the highest-paid employee of SEVERN WYE ENERGY AGENCY earn?
Per its FY2025 accounts, the highest-paid employee was in the £80,001 - £90,000 band.
Who funds SEVERN WYE ENERGY AGENCY?
Funders whose own accounts filings name SEVERN WYE ENERGY AGENCY as a grant recipient include HEREFORDSHIRE COMMUNITY FOUNDATION.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| HEREFORDSHIRE COMMUNITY FOUNDATION | FY2022 | £10k | Bishops From Village Centre |
Government & lottery funding
| Funder | Date | Amount | Purpose |
|---|---|---|---|
| The National Lottery Community Fund | 26/07/2018 | £499k | HWF Llandrindod Wells Together for Wellbeing |
| The National Lottery Community Fund | 01/03/2017 | £2.0m | RurCDS: SWEA / BRO Rural Community Development Support |
| The National Lottery Community Fund | 16/09/2015 | £9k | Your Green Future: new opportunities in a changing world |
| The National Lottery Community Fund | 04/06/2014 | £9k | Your Green Future |
| The National Lottery Community Fund | 11/10/2012 | £8k | Your Green Future |
| The National Lottery Community Fund | 23/02/2012 | £10k | Wood U Waste Ltd |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| THE AURORA TRUST | 1 | £1.2m |
| THE LINBURY TRUST | 1 | £688k |
| KUSUMA TRUST UK | 1 | £592k |
| THE KARUNA TRUST | 1 | £549k |
| ELRHA | 1 | £424k |
| THE OVO CHARITABLE FOUNDATION | 1 | £376k |
| Howden Foundation | 1 | £195k |
| THE MARK LEONARD TRUST | 1 | £140k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| SEVERN WYE ENERGY AGENCY | £10.5m | £80,001 - £90,000 | — | unclear | — | no doubt |
| LTPP | £3.1m | — | 0 | above | — | no doubt |
| Ashden Climate Solutions | £7.4m | — | 8 | unclear | — | no doubt |
| BEAT THE COLD | £715k | — | 0 | unclear | — | no doubt |
| TRANSITION BRO GWAUN LTD | £185k | — | — | unclear | — | no doubt |
| ACT ON ENERGY | £4.7m | — | — | unclear | — | no doubt |