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REGISTERED NUMBER: 10103098 (England and Wales)









THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED (REGISTERED NUMBER: 10103098)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: O Day
P S Raines
N Eristhee
I A Burman
R M Fielden





SECRETARY: P S Raines





REGISTERED OFFICE: Beerland Farm
Ryall
Bridport
Dorset
DT6 6EJ





REGISTERED NUMBER: 10103098 (England and Wales)





AUDITORS: Morris Crocker Limited
Chartered Accountants
Statutory Auditors
Station House
North Street
Havant
Hampshire
PO9 1QU

THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED (REGISTERED NUMBER: 10103098)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 16,124 -
Debtors 4 11,989 8,323
Cash at bank 155,748 140,734
183,861 149,057
CREDITORS
Amounts falling due within one year 5 169,775 134,971
NET CURRENT ASSETS 14,086 14,086
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,086

14,086

RESERVES
Income and expenditure account 14,086 14,086
14,086 14,086

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 January 2025 and were signed on its behalf by:





O Day - Director


THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED (REGISTERED NUMBER: 10103098)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

The Centre For Livelihoods, Ecosystems, Energy, Adaptation And Resilience In The Caribbean Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Grants, where entitlement is not conditional on the delivery of a specific performance by the entity, are recognised when the entity becomes unconditionally entitled to the grant and as the entity earns the right to income through delivery of services.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties and investments in non-puttable ordinary shares.

Trade and other debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, deposits with banks and other short-term highly liquid investments and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED (REGISTERED NUMBER: 10103098)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Going concern
The company has the continued financial support of its directors who have agreed not to request repayment of their loan until the company has the funds available. On this basis the directors of The Centre for Livelihood, Ecosystems, Energy, Adaptation, and Resilience in the Caribbean Limited. The financial statements do not include any adjustments that would result in the company suffering further trading losses.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 485
Other debtors 11,989 7,838
11,989 8,323

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,812 4,907
Other creditors 167,963 130,064
169,775 134,971

6. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Paul Underwood FCCA (Senior Statutory Auditor)
for and on behalf of Morris Crocker Limited

7. CAPITAL COMMITMENTS

The company had no material capital commitments at the financial year-ended 30 April 2024.

THE CENTRE FOR LIVELIHOODS, ECOSYSTEMS,
ENERGY, ADAPTATION AND RESILIENCE IN THE
CARIBBEAN LIMITED (REGISTERED NUMBER: 10103098)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. RELATED PARTY DISCLOSURES

Mr O Day is the Executive Director of The Centre for Livelihoods, Ecosystems, Energy, Adaptation and Resilience Ltd. He is additionally the Controlling Shareholder and Director of Creative Marine Solutions Ltd. Creative Marine Solutions Ltd and Mr O Day have invoiced The Centre for Livelihoods, Ecosystems, Energy, Adaptation and Resilience Ltd to the amount of £42,897 (2023: £51,525) for consultancy costs and £15,250 (2023: £5,250) for administration expenses, of which all items were traded at market value and at arms length. At the end of the accounting period there were no outstanding amounts owed.

Mr N Eristhee is a Director of The Centre for Livelihoods, Ecosystems, Energy, Adaptation and Resilience Ltd. Mr N Eristhee has invoiced The Centre for Livelihoods, Ecosystems, Energy, Adaptation and Resilience Ltd £64,991 in the year (2023:£60,937). All items were traded at market value and at arms length. At the end of the accounting period there were no outstanding amounts owed.

9. POST BALANCE SHEET EVENTS

There have been no significant events affecting the company since the financial year-end.