for the Period Ended 31 July 2024
| Directors report | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 July 2024
Directors
The directors shown below have held office during the whole of the period from
1 August 2023
to
31 July 2024
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
As at
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Debtors: | 4 |
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| Creditors: amounts falling due within one year: | 5 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Called up share capital: |
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| Profit and loss account: |
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| Total Shareholders' funds: |
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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 31 July 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2024
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for the Period Ended 31 July 2024
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for the Period Ended 31 July 2024
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for the Period Ended 31 July 2024
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Activity 1: Marine Monitoring PEBL CIC develops and provides affordable, user-friendly marine monitoring services and equipment for seaweed and shellfish farms, offshore renewable projects, and coastal communities. This year saw significant development of our monitoring products, driven by the need for accessible data to support sustainable marine activities and conservation. We began developing low-cost monitoring solutions in 2020. Initial trials with off-the-shelf sensors proved valuable but highlighted issues with durability and ease of use in harsh marine conditions. This led to the development of our robust, user-friendly solutions: GrowProbe: A sensor device measuring a broad range of vital environmental parameters (e.g., light, temperature, current speed). SubCam: A marine-grade timelapse camera system. Micro Lander: A low-cost, user-friendly deployment system for underwater video, acoustic, and environmental monitoring equipment like GrowProbe and SubCam. Our aim is to democratise marine data collection, addressing gaps in current monitoring efforts which hinder the effective protection of Marine Protected Areas (MPAs) and the achievement of UK marine conservation goals (e.g., 30x30 target). We believe empowering citizens, communities, and smaller operators with these tools will enhance data coverage, inform decision-making, and foster greater stewardship of marine ecosystems. Benefits: Improves understanding of local marine environments to detect risks (e.g., diseaseoutbreaks, pollution) early. Promotes best practices in marine operations to minimise harm to wildlife. Supports disease prevention through monitoring key indicators. Reduces reliance on boat-based surveys through remote monitoring capabilities, lowering costs and emissions. Helps secure licenses for marine operations by providing evidence of mitigated environmental impacts to regulatory agencies. Enables biodiversity recording and habitat monitoring through underwater video footage. Provides affordable and accessible tools to support citizen science and community-based monitoring initiatives. Contributes to better spatial and temporal data coverage for marine conservation and MPA management. Activity 2: Community Engagement Engaging the public and relevant stakeholders is core to our mission of growing a sustainable marine sector and fostering ocean literacy. We conduct various outreach activities to build connections between people and the marine environment, promote the seaweed industry, and support community-led environmental action. Activities this year included: The Coastal Community Leaders programme (Holyhead): A five-workshop series empowering local residents with skills in community engagement, project planning, funding acquisition, and collaboration. Participants developed actionable community projects focused on local environmental issues. Contributing to development of Seaweed Aquaculture Biodiversity Group which meets regularly to discuss and develop the evidence base of the biodiversity and ecological impacts of seaweed farming in a UK context. Sharing and disseminating Marine Biodiversity Monitoring project data with the general public, breaking down the science into simple messaging for an audience of various technical backgrounds and no technical backgrounds. Benefits: Attracts a diverse range of people to the emerging seaweed industry and marine conservation efforts. Encourages young people to engage with and potentially remain in coastal communities. Educates the public on marine habitats, the importance of seaweed, and the need for sustainable food production in the face of climate change. Empowers local communities with skills and confidence to initiate and lead environmental projects (as demonstrated by the Coastal Community Leaders programme). Builds stronger networks and collaborations between community members, local organisations, and PEBL CIC. Fosters a greater sense of connection to place and responsibility for marine environments.
Our key stakeholders are: Coastal Communities in Wales (including East Anglesey, Holyhead, St. David’s, Swansea, Menai Straits, Cardigan Bay): How consulted: Ongoing community engagement events via the Shellfish Network Wales and directly by PEBL (hatchery visits, talks, workshops). Specific initiatives like the Coastal Community Leaders programme in Holyhead involved intensive workshops, collaboration with local groups (Seagrass Project, North Wales Wildlife Trust (NWWT), Wild Oyster Project, Save Penrhos), and gathering participant feedback on skills gained and project development. Action/response: Feedback from community leaders highlighted the value of transferable skills, planning tools, and networking, which we continue to support via online resources and informal networks (e.g., WhatsApp group). The success of the Holyhead programme confirms the value of community capacity building. Local Landowners and Other Businesses (mainly aquaculture companies, offshore renewables): How consulted: Continued bimonthly meetings with aquaculture stakeholders focused on environmental impacts. Engagement with the offshore renewables sector, including local Welsh tidal projects (Holyhead) and the Celtic Sea Floating Offshore Wind project. Participation in a committee discussing and reporting on environmental monitoring related to the Celtic Sea, including contributing data. Action/response: Ongoing dialogue ensures our activities align with and support other marine industries where possible, particularly regarding shared interests in environmental monitoring and mitigation. Collaboration on monitoring projects provides mutual benefits. Local Environmental Agency and Local Universities (Natural Resources Wales (NRW), Bangor University, Swansea University, Aberystwyth University): How consulted: Several discussions with NRW, Swansea, and Bangor Universities focused on the development and need for low-cost marine monitoring systems (such as GrowProbe and SubCam) for use by industry, communities, and researchers. Action/response: Strong alignment was confirmed on the need for lower-cost, remote sensing capabilities to effectively monitor marine projects in Wales. These discussions have strengthened relationships and informed the technical development and deployment strategies for our monitoring tools, ensuring they meet the needs identified by these key stakeholders.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 April 2025
And signed on behalf of the board by:
Name: Dr. Christian Berger
Status: Director