GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12343939 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Directors' report period ended 31 December 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 31 December 2024

James Sommerville
Georgina Sommerville
Alexandra Wolfenden


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 August 2025

And signed on behalf of the board by:
Name: James Sommerville
Status: Director

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 201,224 95,757
Cost of sales: ( 3,810 ) ( 2,838 )
Gross profit(or loss): 197,414 92,919
Administrative expenses: ( 186,780 ) ( 79,730 )
Operating profit(or loss): 10,634 13,189
Profit(or loss) before tax: 10,634 13,189
Tax: ( 1,709 ) ( 2,152 )
Profit(or loss) for the financial year: 8,925 11,037

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,881 1,981
Total fixed assets: 3,881 1,981
Current assets
Debtors: 4 16,350 4,954
Cash at bank and in hand: 16,085 26,862
Total current assets: 32,435 31,816
Creditors: amounts falling due within one year: 5 ( 16,284 ) ( 22,690 )
Net current assets (liabilities): 16,151 9,126
Total assets less current liabilities: 20,032 11,107
Total net assets (liabilities): 20,032 11,107
Members' funds
Profit and loss account: 20,032 11,107
Total members' funds: 20,032 11,107

The notes form part of these financial statements

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 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 August 2025
and signed on behalf of the board by:

Name: James Sommerville
Status: Director

The notes form part of these financial statements

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 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 consultancy fees, grants receivable, management fees and miscellaneous income. 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. Grants receivable Grants received are recognised as income, to the extent that the grant has been spent by the end of the financial year. Unspent grants are shown on the balance sheet as liabilities. The directors have departed from FRS102 in order to show a true and fair view. The accounts depart from accounting standards in that unspent non-government grants of £1,725 are being deferred from this period and will be treated as income in the next period, instead of recognised on receipt in this period as required by FRS102. The grants are in substance the same as government grants, so it was felt that the accounts would give a distorted view of the performance of the company if it recognised the income in this period,

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 20% straight line basis Computer Equipment 33.33% straight line basis

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 229 3,701 3,930
Additions 3,453 3,453
Disposals
Revaluations
Transfers
At 31 December 2024 229 7,154 7,383
Depreciation
At 1 January 2024 103 1,846 1,949
Charge for year 46 1,507 1,553
On disposals
Other adjustments
At 31 December 2024 149 3,353 3,502
Net book value
At 31 December 2024 80 3,801 3,881
At 31 December 2023 126 1,855 1,981

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 16,350 4,954
Total 16,350 4,954

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,241
Taxation and social security 7,525 2,152
Accruals and deferred income 2,865 18,867
Other creditors 3,653 1,671
Total 16,284 22,690

COMMUNITY INTEREST ANNUAL REPORT

GREEN ROSE SUSTAINABILITY COMMUNITY INTEREST COMPANY

Company Number: 12343939 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Green Rose CIC is a social enterprise based in North Lancashire that helps people stay warm and well, and to make homes more sustainable. In 2024 we supported over 1,150 households through our key programmes: 1) The Local Energy Advice Partnership (LEAP): we supported 1,094 low income and vulnerable households with a mix of advice and measures delivered via 250 home visits and 844 phone calls. We helped clients deal with issues with their energy supplier, and referred them onwards for other services. This included replacement energy efficient white goods (fridges, freezers, washing machines) and fully-funded emergency gas boilers for households in a ‘no heat’ situation. LEAP is funded by energy experts AgilityEco, for which we are the delivery partners in North Lancashire. We also worked closely with the Cosy Homes in Lancashire service to refer our LEAP customers where possible for retrofit measures via the Home Upgrade Grant scheme. 2) The Energy Matters Service: we launched this service in the summer of 2024 in partnership with Citizens Advice North Lancashire. It offers more in-depth support for the most vulnerable households that may need ongoing help with energy and money issues. We supported over 50 households in this manner, and also engaged more than 500 people with information about the service and light-touch advice at events, drop-in sessions and the like across the district. This work has been funded by the EST Redress Fund. 3) Lancaster Sustainability Hub: We retained our permanent Hub in Lancaster’s Marketgate Shopping Centre, moving units in late 2024 due to licence restrictions. We have worked with other community organisations including LESS and Charge My Street to create a multi- agency space that allows local residents to drop-in for advice. The running of the Hub is made possible by generous grants from Centrica. 4) Watti: we worked closely with the Centre for Energy Equality to help them create an AI energy advisor called ‘Watti’, which we will look to deploy in future in support of our human advisors. In total during 2024 we were able to support more than 1,150 households with free advice, support and energy efficiency measures, delivering at least £600,000 in lifetime bill savings and over 1,250 tonnes of lifetime CO2 savings. Any profit that we make goes directly into community projects for those most in need, and in 2024 we were able to invest £1,000 into the work of Morecambe Bay Foodbank, along with smaller ‘fuel voucher’ grants to individuals to help with their bills.

Consultation with stakeholders

Green Rose’s stakeholders include: Partner agencies offering services from Lancaster Sustainability Hub: we meet with them regularly to ensure we have a unified approach to staffing and advertising Hub services. Local organisations supporting fuel poor households: we have sought direct feedback from staff at agencies that refer clients/residents to the LEAP and Energy Matters services, such as Lancaster City Council and Citizens Advice North Lancashire, on the quality of our delivery.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £32,351. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 July 2025

And signed on behalf of the board by:
Name: James Sommerville
Status: Director