for the Period Ended 31 May 2026
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional 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 May 2026
Principal activities of the company
Directors
The director shown below has held office during the period of
29 September 2025
to
20 May 2026
The director shown below has held office during the whole of the period from
25 June 2025
to
31 May 2026
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
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As at
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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 May 2026
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
for the Period Ended 31 May 2026
| 11 months to 31 May 2026 | ||
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| Average number of employees during the period |
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Ocean Buffer Project CIC is a Cornwall-based community project exploring land-based marine microalgae cultivation and potential carbon storage using low-impact, food-safe, recycled or reusable materials where appropriate. During its first reporting period, it carried out small-scale algae trials, developed its community hub and engaged people in environmental learning and practical volunteering. By 31 May 2026, 17 volunteers were registered, five had volunteered on site and two interns had contributed. Volunteers provided 96.75 hours: 56.75 on site and 40 remotely. Participation included students, with retirees joining the advisory board. Roles were shaped around individual capabilities and capacity, enabling people within and beyond Cornwall to contribute. An engagement evening encouraged discussion of everyday environmental choices; attendees reported reconsidering recycling and other environmental habits. Local residents and holidaymakers also expressed interest in visiting the project. These activities supported community participation, shared learning and environmental awareness. Carbon-removal research remained developmental; no verified quantity of carbon removal is claimed.
The Company's key stakeholders include volunteers, interns, local residents, environmental researchers, educational groups, community organisations and potential funding partners. Throughout the period, Ocean Buffer Project CIC engaged stakeholders through volunteer opportunities, practical environmental activities, community discussions and educational outreach. The project welcomed participation from individuals with a wide range of skills, backgrounds and availability, including students, retirees and remote volunteers. Feedback from participants indicated increased awareness of environmental issues and greater consideration of sustainable practices in daily life. The Company remains committed to maintaining open communication with stakeholders and ensuring that future activities continue to deliver community and environmental benefit.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 October 2026
And signed on behalf of the board by:
Name: Ashleigh Louise Morgan
Status: Director