WILD CARBON CIC
WILD CARBON CIC
WILD CARBON CIC
Company limited by guarantee
Company Registration Number:
12812807 (England and Wales)
Unaudited statutory accounts for the year ended 31 August 2021
Period of accounts
Start date: 14 August 2020
End date: 31 August 2021
WILD CARBON CIC
Contents of the Financial Statements
for the Period Ended 31 August 2021
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
WILD CARBON CIC
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2021
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
14 August 2020 to 31 August 2021
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
WILD CARBON CIC
Profit And Loss Account
for the Period Ended
13 months to 31 August 2021 | ||
---|---|---|
| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | |
WILD CARBON CIC
Balance sheet
As at
Notes | 13 months to 31 August 2021 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 4 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
WILD CARBON CIC
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
WILD CARBON CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Tangible fixed assets depreciation policy
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life
WILD CARBON CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
-
2. Employees
13 months to 31 August 2021 Average number of employees during the period 1
WILD CARBON CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 August 2021 | | | ||||
Depreciation | ||||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 August 2021 | | | ||||
Net book value | ||||||
At 31 August 2021 | | |
WILD CARBON CIC
Notes to the Financial Statements
for the Period Ended 31 August 2021
4. Creditors: amounts falling due within one year note
13 months to 31 August 2021 | ||
---|---|---|
£ | ||
Trade creditors | | |
Taxation and social security | | |
Other creditors | | |
Total | |
COMMUNITY INTEREST ANNUAL REPORT
WILD CARBON CIC
Company Number: 12812807 (England and Wales)
Year Ending: 31 August 2021
We raised funds to sponsor a PhD to investigate the carbon sequestration value of rewilding. This will begin in Spring 2022 and we are in the process of selecting our student who is going to spend a lot of time measuring greenhouse gases in some fantastic rewilding sites.In this project we will be assessing soil carbon by measuring the short-term emission of greenhouse gases - carbon dioxide and methane - between and within different regeneration sites.The intended outcomes will provide GHG, carbon and biodiversity data for future validation of carbon storage within a wide variety of UK restored ecosystem types.It will provide an assessment of alternative methods for evaluating carbon sequestration or emissions reductions in restored ecosystems. In the long-term, these outcomes will be essential to the development of sensors and methods to allow accurate and cost-effective vali-dation of carbon storage by a wide range of stakeholders involved in natural regeneration and nature-based solutions.
As well as our university research partner stakeholders, we have been building a plan to consult with communities to maximise the social benefits of our clients rewilding and carbon mitigation activities. We are expecting these to go forward into implementation in 2022.
£5208 – see accounts.
We purchased a Licor gas analyser and donated it to the University of the West of England for research purposes.
This report was approved by the board of directors on
3 October 2021
And signed on behalf of the board by:
Name: Verity White
Status: Director