for the Period Ended 31 December 2024
| Directors report | |
| Profit and loss | |
| 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 December 2024
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 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
for the Period Ended
| 2024 | 2023 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2024 | 2023 | |
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£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Creditors: amounts falling due within one year: | 5 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
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 December 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 December 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 December 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 January 2024 |
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| Disposals | ||||||
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| Transfers | ||||||
| At 31 December 2024 |
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| Depreciation | ||||||
| At 1 January 2024 |
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| Charge for year |
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| Other adjustments | ||||||
| At 31 December 2024 |
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| Net book value | ||||||
| At 31 December 2024 |
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| At 31 December 2023 |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Prepayments and accrued income |
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| Total |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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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.
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.
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.
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