SPEAK CARBON COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
13577826 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

SPEAK CARBON COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SPEAK CARBON COLLECTIVE CIC

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

John Watkins
Michelle Marks


The director shown below has held office during the period of
1 September 2023 to 12 June 2024

Alison Tomlin


The director shown below has held office during the period of
12 October 2023 to 31 August 2024

Susanne Bearblock


Secretary Michelle Marks

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
13 May 2025

And signed on behalf of the board by:
Name: John Watkins
Status: Director

SPEAK CARBON COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 121,448 171,470
Cost of sales: ( 26,803 ) ( 30,380 )
Gross profit(or loss): 94,645 141,090
Administrative expenses: ( 115,786 ) ( 111,905 )
Other operating income: 300
Operating profit(or loss): (20,841) 29,185
Profit(or loss) before tax: (20,841) 29,185
Tax: 3,950 ( 5,545 )
Profit(or loss) for the financial year: (16,891) 23,640

SPEAK CARBON COLLECTIVE CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 9,238 19,366
Cash at bank and in hand: 18,650 41,597
Total current assets: 27,888 60,963
Creditors: amounts falling due within one year: 4 ( 7,754 ) ( 23,938 )
Net current assets (liabilities): 20,134 37,025
Total assets less current liabilities: 20,134 37,025
Total net assets (liabilities): 20,134 37,025
Members' funds
Profit and loss account: 20,134 37,025
Total members' funds: 20,134 37,025

The notes form part of these financial statements

SPEAK CARBON COLLECTIVE CIC

Balance sheet statements

For the year ending 31 August 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 13 May 2025
and signed on behalf of the board by:

Name: John Watkins
Status: Director

The notes form part of these financial statements

SPEAK CARBON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 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 rendering of services and recharged expenses. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Rendering of services 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

SPEAK CARBON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

SPEAK CARBON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Trade debtors 4,923 12,661
Prepayments and accrued income 251 6,423
Other debtors 4,064 282
Total 9,238 19,366

SPEAK CARBON COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,810 11,852
Taxation and social security 817 1,719
Accruals and deferred income 1,600 2,095
Other creditors 1,527 8,272
Total 7,754 23,938

COMMUNITY INTEREST ANNUAL REPORT

SPEAK CARBON COLLECTIVE CIC

Company Number: 13577826 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company’s activities continue to provide benefit to multiple communities and individuals within those communities. The Carbon Literacy training programmes we have developed and delivered to those communities have enabled the organisations to progress their Net Zero strategies by raising awareness, among the individuals within and connected to those communities, of the climate crisis. The learning delivered not only provides general and global awareness, but also sector specific knowledge of the source of carbon emissions within their daily activities and what action can be taken to reduce these emissions. Additionally, we have embarked upon expanding our offering to include other training products, such as Climate Fresk, together with supporting our clients with implementing climate reduction strategies and pledges. By creating sector or industry specific content, with our communities, this has enable practical engagement and motivation to reduce emissions. Within the Carbon Literacy training we provide, participants must make two pledges of new and significant carbon reducing actions they will be taking as a result of attending the course. Within other training courses, participants are supported with development of ‘next steps’. The significance is relative to the position and agency of the learners within those communities. Following completion of the training, we have provided ongoing support to some of the organisations to aid them with implementation of the pledges in support of their net zero commitments. Thus the leaders and decision makers can develop more wide ranging, even strategic pledges, whilst others can make work or home based carbon reduction pledges. By bringing people together in groups, we have enabled cross organisational networking to occur and internal collaboration on emissions reduction which would not have happened without our intervention. These conversations are often cited by individual attendees as one of the most beneficial elements of the service we provide. We also train members of organisations so that they can cascade the climate awareness and Carbon Literacy training internally, thus enabling dissemination of climate knowledge at scale and pace. The communities we have reached within this financial year include organisations in the following sectors (not exhaustively); Local Authorities and County Councils, Arms length public body The Pensions Regulator Social Housing Law firms Tech and digital companies Education including City & Guilds Infrastructure Environmental organisations Voluntary community/charitable organisations.

Consultation with stakeholders

Our stakeholders fall into three broad groups: 1. The Carbon Literacy Project (CLP) who are the accrediting body for the training which forms the majority of our work 2. The Speak Carbon associate trainers who provide their training services 3. Our clients 1. The CLP. We are in regular contact with the CLP leads on each of the sector courses or toolkits, for updates and discussions on evolving the course materials. We meet with the CLP leadership team 8-weekly, to review updates of both ours and their offerings and work through any development areas together. These meetings are minuteds. We also frequently liaise with their comms dept. and sector leads. 2. Speak Carbon associates. We have an open online meeting with our freelance associates and training partners monthly, where updates and opinions are shared, minuted, acted upon and reviewed in the following month. Last year, we developed an Associate Members agreement in consultation with all member of Speak Carbon Collective. All members are signatories of the agreement, which is reviewed and resigned annually. 3. Our clients. We meet regularly with our clients during the projects, develop materials with them to reflect their organisation’s and sector’s carbon impacts, actions and plans. For Carbon Literacy training, course materials are updated during the project period, in accordance with CLP’s parameters. Individual participants are invited to complete feedback forms on completion of all training. Their comments are reviewed and built into improving future training delivery. We have developed a debrief and feedback process as part of the consultation process for the benefit of both the clients and improving our service/offering. Additionally, we use social media, newsletter and emails to provide prospects and wider publics with updates.

Directors' remuneration

The directors have standard employment contracts and are paid for their professional work for the CIC and not for their services as directors. Their salaries totalled £75,790 for the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 April 2025

And signed on behalf of the board by:
Name: Michelle Marks
Status: Director