THE KELP CONSERVATION INITIATIVE CIC

Company limited by guarantee

Company Registration Number:
15563833 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

THE KELP CONSERVATION INITIATIVE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

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

THE KELP CONSERVATION INITIATIVE CIC

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Principal activities of the company

The Kelp Conservation Initiative’s principal activities including funding and overseeing marine habitat restoration projects, including the culture of native kelp species and ‘green gravel’ restoration, in partnership with academic institutions. This fiscal year we extended our programming to explore uses for seaweed waste to support a circular blue economy. Operations are focused on Scotland and England, with public communication and stakeholder engagement delivered via online meetings and through our website.



Directors

The directors shown below have held office during the whole of the period from
1 April 2025 to 31 March 2026

Sian Moody
Rosie Bright
Alison Freeman
Laura Boardman


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
7 August 2026

And signed on behalf of the board by:
Name: Rosie Bright
Status: Director

THE KELP CONSERVATION INITIATIVE CIC

Profit And Loss Account

for the Period Ended 31 March 2026

2026 13 months to 31 March 2025


£

£
Turnover: 582 70,387
Cost of sales: 0 ( 70,259 )
Gross profit(or loss): 582 128
Administrative expenses: ( 582 ) ( 128 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Tax: 0
Profit(or loss) for the financial year: 0 0

THE KELP CONSERVATION INITIATIVE CIC

Balance sheet

As at 31 March 2026

Notes 2026 13 months to 31 March 2025


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

THE KELP CONSERVATION INITIATIVE CIC

Balance sheet statements

For the year ending 31 March 2026 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 6 August 2026
and signed on behalf of the board by:

Name: Rosie Bright
Status: Director

The notes form part of these financial statements

THE KELP CONSERVATION INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 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

THE KELP CONSERVATION INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 13 months to 31 March 2025
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

THE KELP CONSERVATION INITIATIVE CIC

Company Number: 15563833 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

We continue to support a PhD student based at the Marine Biological Society in partnership with Newcastle University. This student is the driving force behind our novel ‘green gravel’ kelp restoration work. As part of this work, kelp spores are seeded and cultured in a dedicated lab before being out planted to the wild. Our research has also extended to investigate the use of excessive seaweed biomass washed up on the shore ‘wrack’ and the potential uses as part of a circular economy and to reduce landfill waste. We also continued to research specific regional case studies to understand the anthropogenic stress factors impacting the survival of wild macroalgae populations.

Consultation with stakeholders

The stakeholders are kept in regular contact through emails, meetings held at least bi-annually, and phone messages as required.

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
7 August 2026

And signed on behalf of the board by:
Name: Rose Bright, Sian Moody
Status: Director