CARBON CALLING CIC

Company limited by guarantee

Company Registration Number:
15157942 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 23 September 2023

End date: 30 September 2024

CARBON CALLING CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CARBON CALLING CIC

Balance sheet

As at 30 September 2024

Notes 2024


£
Current assets
Debtors: 3 2,849
Cash at bank and in hand: 6,678
Total current assets: 9,527
Creditors: amounts falling due within one year: 4 ( 2,920 )
Net current assets (liabilities): 6,607
Total assets less current liabilities: 6,607
Total net assets (liabilities): 6,607
Members' funds
Profit and loss account: 6,607
Total members' funds: 6,607

The notes form part of these financial statements

CARBON CALLING CIC

Balance sheet statements

For the year ending 30 September 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.

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 2 June 2025
and signed on behalf of the board by:

Name: Dr Elizabeth Genever
Status: Director

The notes form part of these financial statements

CARBON CALLING CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

    Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation. When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income. Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

    Other accounting policies

    Accounting convention These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below. Current tax The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Government grants Government grants are recognised at the fair value of the asset received or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received. A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

CARBON CALLING CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024
    Average number of employees during the period 3

CARBON CALLING CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Debtors

2024
£
Trade debtors 2,670
Other debtors 179
Total 2,849

CARBON CALLING CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024
£
Trade creditors 350
Taxation and social security 1,550
Accruals and deferred income 1,020
Total 2,920

COMMUNITY INTEREST ANNUAL REPORT

CARBON CALLING CIC

Company Number: 15157942 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Carbon Calling CIC was incorporated to benefit all livestock farmers in the UK to help them develop their systems to ensure they are profitable, environmentally aware and improving well-being. The company aims to empower farmers by improving their skills and knowledge of regenerative practices. The company is entitled to exemption from Audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit in accordance with Section 476 of the Companies Act 2006. The accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime. There are signed by Director, Dr Elizabeth Genever. During the period the company engaged in several activities, - The directors organised and delivered a Carbon Calling conference for 300 attendees over three days, with engagement from 12 sponsors. The content was specifically designed for farmers and advisers who are interested in regenerative and agroecological systems, the conference facilitated networking and knowledge exchange between farmers and advisers. - Two evening meetings delivered to over 100 attendees with engagement from 3 sponsors. The meetings provided in-depth conversations about how farmers can transform their business into more regenerative systems, empowering them to work through the problem with other group members. - Ten podcasts published, which have been downloaded over 2,000 times, showcasing excellent practitioners of regenerative systems, highlighting farmers and advisers to connect with or visit. In January 2025, the company was successful in obtaining a funding offer from the Esmee Fairburn Foundation. The funding will support a two-year project with engagement of a parttime development manager role. The key expected outcomes of the project are, - Empower more farmers to transition to nature friendly farming. - Develop an understanding of what evidence needs to be generated to help others challenge their current system and engage with more nature friendly farming techniques. - Develop a thriving community, increase the network and encourage them to engage with others.

Consultation with stakeholders

The company stakeholders are farmers, environmental policy makers, consultants and advisers operating in regenerative and agroecological practices. Following the conference, the directors circulated a feedback form to the delegates to gather information on what they found useful and suggested areas for improvements. Examples of feedback received are: “The organisation and by extension participation was really welcoming and non-judgemental with a good spread of start-ups and experts. The Nic and Liz style of keeping it awkward brave and kind is a real draw to very positive energy. And Tim and Emma were superstars!” “Thank you for all the effort you make on putting the conference together, you are helping facilitate a space for good constructive debate and inspiring people to make a much needed change” “Massive thank you for such a great couple of days. I really got a huge amount from it, and it was such a friendly event. I know a lot of effort went into organising it. It's the best and most useful event I've been to in a really long time, and has left me with lots of contacts and leads to follow up on. It was such a cheering weekend!” “It would be interesting to explore market gardening/horticulture in the north of England, the specifics of plant nutrition, business viability, supply and demand etc that are relevant to the challenges of the region” As a result of this feedback the conference has been moved to June and mid-week. The format of the conference has also been altered, so attendees feel less time pressured, and topics have been widened to include supply chain, more food products and wider range of speakers.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
2 June 2025

And signed on behalf of the board by:
Name: Dr Elizabeth Genever
Status: Director