for the Period Ended 30 April 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 13 months to 30 April 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Debtors: | 3 |
|
|
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: |
( |
( |
|
Accruals and deferred income: |
(
|
(
|
|
Total net assets (liabilities): |
( |
( |
|
Members' funds | |||
Profit and loss account: |
( |
( |
|
Total members' funds: |
( |
( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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
for the Period Ended 30 April 2024
Basis of measurement and preparation
for the Period Ended 30 April 2024
2024 | 13 months to 30 April 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 April 2024
2024 | 13 months to 30 April 2023 | |
---|---|---|
£ | £ | |
Other debtors |
|
|
Total |
|
|
for the Period Ended 30 April 2024
2024 | 13 months to 30 April 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
Total |
|
|
EcoTech Projects continues its work to develop carbon capturing technology. This year, we started and completed our first prototype of a biochar processing machine – the Arcus. With this we prove our technological concept, and can now build larger machines. We have also begun construction of our first commercial scale biochar processing machine. It is hoped that this machine will be able to capture approx. 20,000 tonnes of carbon each year in a stable and useful form – biochar.
We have begun outreach with the agricultural and construction community; attending Groundswell in June ’23 and FutureBuild in March ’24. Through these, we have made useful contacts with other business owners who use biochar. We have also begun a collaborative relationship with members of the University of Manchester, to develop carbon negative cement. From these conversations and conferences, we have come to appreciate the needs of the members of these industries, and are now tailoring our products to serve those needs. These conferences have also highlighted the need for extensive field trials, as concerns over reliable performance are paramount for this relatively untested product.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £75,000.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 August 2024
And signed on behalf of the board by:
Name: Mr Turin Bridge
Status: Director