THE ENERGY SAVING TRUST FOUNDATION
Financial health, per its FY2023 accounts
The accounts state that the charity held unrestricted reserves of £819,000 against a stated policy target of holding back £5,000. The trustees confirmed that the charity has adequate resources to continue as a going concern and does not actively fundraise, relying instead on donations to deliver its strategy until 2025.
What the accounts disclose
“The policy states that the Foundation will hold back £5,000 as reserves.”
“Staff costs relate to recharged employment costs from The Energy Saving Trust Limited, a fellow group company, for work completed on behalf of the Charity. All salary costs relate to key management personnel.” — page 17
“Energy Saving Trust Group provide support for the Foundation through use of office space, IT equipment and associated administrative, financial, IT and HR staff as required.” — page 7
“Staff costs relate to recharged employment costs from The Energy Saving Trust Limited, a fellow group company, for work completed on behalf of the Charity. All salary costs relate to key management personnel.” — page 17
“Energy Saving Trust Group provide support for the Foundation through use of office space, IT equipment and associated administrative, financial, IT and HR staff as required.” — page 7
“Staff costs relate to recharged employment costs from The Energy Saving Trust Limited, a fellow group company, for work completed on behalf of the Charity. All salary costs relate to key management personnel.” — page 17
“Energy Saving Trust Group provide support for the Foundation through use of office space, IT equipment and associated administrative, financial, IT and HR staff as required.” — page 7
Corporate structure
- Registered company of the charity Companies House 07703610
Structured financials (annual return, FY ending 31/03/2023)
Trustees
- Carys Louise Nelkonchair
- Daisy Crowfoot
- Dr Joanne Wade
- Ella Thorne
- Gillian Collinson
- Jasmine Newhouse
- Julian Olivier
- Zoe Hannah Bonnett
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £212k | £236k |
| 31/03/2024 | £238k | £825k |
| 31/03/2023 | £521k | £136k |
| 31/03/2022 | £500k | £123k |
| 31/03/2021 | £0 | £16k |
Common questions
Is THE ENERGY SAVING TRUST FOUNDATION financially healthy?
The accounts state that the charity held unrestricted reserves of £819,000 against a stated policy target of holding back £5,000. The trustees confirmed that the charity has adequate resources to continue as a going concern and does not actively fundraise, relying instead on donations to deliver its strategy until 2025. Its FY2023 accounts were audited by Azets Audit Services.
Who funds THE ENERGY SAVING TRUST FOUNDATION?
Funders whose own accounts filings name THE ENERGY SAVING TRUST FOUNDATION as a grant recipient include THE PWC FOUNDATION.
Known funders
| Funder | Year | Amount |
|---|---|---|
| THE PWC FOUNDATION | FY2023 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| JOHN ELLERMAN FOUNDATION | 1 | £110k |
| THE J J CHARITABLE TRUST | 1 | £57k |
| THE MARK LEONARD TRUST | 1 | £57k |
| THE AURORA TRUST | 1 | £55k |
| THE ORR MACKINTOSH FOUNDATION LIMITED | 1 | £53k |
| THE HINDUJA FOUNDATION | 1 | £3k |
| THE CYRIL AND EVE JUMBO CHARITABLE TRUST | 1 | £0 |