VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 1r36 Registered number: 03740059 Charity number: 1075611 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (A Company Limited by Guarantee) TRUSTEES. REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 2r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) CONTENTS Page Reference and Administrative Details of the Company, its Trustees and Advisers Trustees. Report Trustees. Responsibilities Statement Independent Auditors. Report on the Financial Statements 9-12 Consolidated Statement of Financial Activities 13 Consolidated Balance Sheet 14 Company Balance Sheet 15-16 Consolidated Statement of Cash Flows 17 Notes to the Financial Statements 18-34
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 3r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) REFERENCE AND ADMINISTRATIVE DETAILS OF THE COMPANY, ITS TRUSTEES AND ADVISERS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees M J Ballard F Evans R L Froggatt. Executive Chainnan F K Grandison E L Tattersdill (resigned 15 April 2025) SAGTA N Harries (resigned 12 April 2024) Company registered number 03740059 Charity registered number 1075611 Registered office Reading Business Centre Foundation House Queens Walk Reading RG17QF Company secretary P Tervet Chief executive officer R L Froggatt Independent auditors James Cowper Kreston Audit Chartered Accountants and Statutory Auditor Reading Bridge House George Street Reading Berkshire RG18LS Bankers Co-operative Bank 1 Balloon Street Manchester N60 4EP Page 1
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 4r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Trustees present their annual report together wilh ihe financial statements of the Company for the year 1 October 2023 to 30 September 2024. The Annual Report serves the purposes of both a Trustees. report and a directors. report under cornpany law. The Trustees confirm that the Annual Report and financial statements of the charitable company comply with the current statutory requirements, the requirements of the charitable company's governing document and the provisions of Ihe Siatement of Recommended Practice (SORP) applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS102) (effective 1 January 2019). Since the Company qualifies as small under section 382 of the Companies Act 2006, the Strategic Report required of medium and large companies under the Companies Act 2006 (Strategic Report and Directors, Report) Regulations 2013 has been omitted. The company also operates under the name CL:AIRE. The detail included in this report includes figures and information for both CL:AIRE and its subsidiary company,. CL.'AIRE Initiatives Ltd (company number 13628954). For these purposes, the name 'CL:AIRE' is used throughout. Legal Status The company is registered as a charitable company limited by guarantee and was set up govemed by a Memorandum of Association and Articles dated 23 March 1999. The Articles were amended by special resolution on 25 April 2008, 5 April 2011, and 21 February 2014. The Company operates a subsidiary organisation, CL'.AIRE Initiatives Ltd (Company number 13628954) which operates with a separate Board of Directors and is a wholly owned subsidiary of CL:AIRE. The Board of Trustees represents the Members and has overall financial and management responsibility for CL:AIRE. Structure, governance, and management Method of appointment or election of Trustees New Trustees are appointed by their fellow Trustees, and they are often already familiar with the issues surrounding the Charity and the work the Charity perfoms. Policies adopted for the induction and training of Trustees To ensure new trustees can effectively fulfil their responsibilities they are briefed on Ihe company's activities when they start. New Trustees are also reminded of their duties and responsibilities by providing Commission guidance from the Charity Commission as a part of the induction process. Having undertaken a governance review in late 2024, specific training for Trustees will be identified and offered as a part of their induction in future. Organisational structure and decision making Trustees are responsible for setting out the general aims and activities of the charity with day-to-day decisions delegated to management. Management and Staff Team CL-AIRE staff includes a team of 13 operational and administrative staff (calculated as full-time equivalents). They are responsible for carying out the day-to-day activities of CL:AIRE and achieving the companys objectives. Pay and remuneration of the Charivs staff is set annually by management and approved by the Board as a part of the budget process. For administrative staff, pay is set according to experience and market conditions. For technical staff, salaries are set against criteria such as level of experience and benchmarking against sector salaries where possible. Advisory Groups The staff are supported by a Technology and Research Group (TRG). This group consists of individuals with considerable expertise in the practical aspects of research and development and includes researchers, technology developers and policy makers. The group provides advice to CL:AIRE as well as independent verificalion of CL'.AIRE's working documents. The TRG participates in the selection of projects and sites and helps to fomiulate a demonstration and research strategy for CL-AIRE. This group gives their time voluntarily to CL-AIRE. Page 2
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 5r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Objectives and activities a. Policies and objectives CL-AIRE is an independent, not for profit organisation established to stimulate the regeneration of contaminated land in the UK by raising awareness of and confidence in practical, sustainable remediation lechnologies. CL-AIRE is committed to providing a valuable service for all those involved in contaminated land. The Charity develops training resources, disseminates information, raises standards through education and acts as a credible resource for all stakeholders, ensuring thal it remains at the cutting edge of best practice and innovation. The Aims and Objectives of the Charity, as set out in the Articles of Association, are as follows: To advance education and promole study and research for the benefit of the public about the protection of the environment generally and without limitation the remediation of contaminated land. To promote the conservation, rehabilitation. reclamation. MedIation. and improvement of the physical and natural environment for the benefit of the public in the United Kingdom. CL:AIRE looks to achieve these objectives by working with industry, thrugh its membership and working groups, to identify common problems in the field of sustainable land management. Using its extensive experience of developing industry-led initiatives, the Charity works with highly respecled experts and govemment to develop solutions which are tested and critiqued by technical members to ensure that they are fil for purpose. The company recognises the Importan of accountability and consequently has established a comprehensive and transparent process under which it carries out its activities and produces its publications. The process is defined in several working documents, most of which are available on its website {www.claire.co.uk). Achievements and performance a. Review of activities For Ihe financial year the Charity set the following high-level goals- Further develop the profile of the Charity. Increase membership and industry engagement. Increase the use and knowledge of the Definition of Waste: Code of Practi. Educate and train key stakeholders. Develop a digital strategy. The Charity met these objectives by carrwng out the following activities: During the financial year the company continued to raise its profile within the contaminated land industry through meetings, presentations. media articles. technical and research reports and bulletins. fact sheets and case studies. It continues to produce regular and topical infomiation in the form of a monthly e alert service that has a readership list of over 5.000. CL:AIRE has a portfolio of Technology Demonstration Projects and Research Projects that can be viewed online and actively encourages potential project partners to submit new proposal applications. Other profile-raising opportunities were generated from the continuation of its secretariat role for The Land Forum which was originally established by DCLG and Defra to promote the sustainable use of land. It brings together private and public sector organisations to take an open and forward-looking strategic overview of current and future land use issues identifying key challenges as they arise and seeking appropriate resolutions. All notes from the meeting being made publicly available from CL:AIRE's website at www.claire.co.ukllandforum. CLAIRE technical and corporate membership has remained steady throughout the financial year. There is an established communication link beeen CL'.AIRE and the industry which encourages the development of better regulation to maintain and improve standards across the industry. Page 3
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 6r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 As well as providing these essential services, membership has helped to sustain CL:AIRE to further develop new industry initiatives which solve problems, raise standards, save money, and offer networking opportunilies. Membership levels are maintained through networking, engaging industry, marketing, Iraining, and secretariat roles. CL-AIRE has continued its role as the facilitator of the Definition of Waste- Code of Practice, which is an initiative designed to improve the sustainable and cost-effective development of land. The code of practice has allowed significant cost and environmental benefits to be realised across the UK having been applied to hundreds of construction projects. Training courses for the linked 'qualified person, role remain CL.'AIRE's most popular course. CL:AIRE's commitment to training and education has also been maintained through the continued growth of the interactive e-leaming training program for various subjects deemed relevant to the EA and wider industry. The e- learning platform has provided relevant and cost-effective training throughout the financial year. Through engaging with its varied membership and networking groups. CL-AIRE has ensured that Ihe training it develops is relevant and fit for purpose. CL-AIRE has invested in improvements to its digital offering. Work to further strenglhen the digital infrastructure and create a better experience for its users has been ongoing. Much of this work has been planning how to bring all of CL.'AIRE's digital systems and dalabases together to make efficiencies, improve security and enhance the user experience. Engagement with users increased throughout the year, and investment was made in increasing the number of IT staff to support this work. Full details of CL:AIRE projects, initiatives, membership, events, and training courses can be found at www.claire.co.uk. Financial review Going concem The company has adequate reserves and cash and generated a healthy surplus on its activities this financial year, the Board increased fees for various cost treS in line with additional costs required to carry out services and activities. The fee increases were reviewed by key industry stakeholders and the Board were satisfied with the financial modelling that shows that the company remains a going concem for at least twelve months from the date of approval of the accounts which have accordingly been prepared on the going concern basis. Income The company received funding to cary out its objectives without restriction and this funding is identified in the financial stalements as Unreslricted Funds. The Group received £1,379,575 (2023: £1,067.043) unrestricted income during the year. Resources that have been expended are £1,224,751 (2023: £1,241.860) with £154,824 (2023: (£174,817)) nel accumulated income resource remaining. c. Level of Reserves During the financial period ended 30 September 2024, CL:AIRE's management and Truslees have been proactive in sourcing funds as well as making efficiencies where possible, to enable the Charity to maintain its operations for the foreseeable future. Grants from external funders are paid through CL.'AIRE to institutions regarding specific projects as set out in note 6 to the accounts. As detailed above, the Charity {with support from its advisory groups) undertakes a comprehensive and transparent prOsS of review before committing funds to such projects. As of 30 September 2024, the Group had funds of £606,259, as compared to £451,435 at the end of the Page 4
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 7r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 previous year. After excluding amounts invested in fixed assets, free reserves stood at £565,286 (2023 £376,771). For unrestricted reserves, the Charity aims to maintain a minimum of £350,000, which is a sufficient level to meet at least six months, core operating costs. This figure is reviewed annually. The remainder of the unrestricted reserves are to be used to provide working capital as well as funding growth where appropriate. d. Risk Risk to the management of the charitable cornpany is controlled by applying the principles of good corporate governance and adhering to the Memorandum and Articles of Association and the Members. Agreement, and regular meetings of the Board to review and discuss the charitable coMpanS operations. The charitable company carries directors. and officers,, and professional indemnity insurance. Employment risk is controlled by employing a qualified Human ReSoUS manager. The charitable company carries employers. liability insurance. Project risk is controlled by a comprehensive and transparent process that involves a formal project application that is reviewed by the Technology and Research Group. Approved projects are sent to the board for ratification. The charitable company has developed legal contracts that are applied to charitable company approved sites and projects. These contracts are based upon defined milestones which ensure that the project is being carried out according to the approved work plan. At the conclusion of the project the charilable company publishes a report describing the project and its results. Financial risk is controlled by quarterty reporting of the financial position of the charitable company. Management accounts are prepared by the finance manager and viewed and discussed by the Board of Trustees. Statutory financial statements are prepared annually, audited by James Cowper Kreston, and presented to the board. The charitable company has prepared a Health & Safety and Environmental Policy Statement to guide charitable company practice in matters that could affect the environment. The charitable company completes all necessary documentation to comply with requirements of the Registrar of Companies, the Charity Commission, ENTRUST and the Inland Revenue to control regulatory risk. Investment policy The investment policy of the charitable company is to minimise risk and to deposit surplus funds in a high interest account with easy access to the funds. During the year funds in this deposit account were mainiained, gaining interest on the consideration deposited. The Truslees consider this to be a suitable use of the charitable companls funds. Fundraising The charitable company does not raise funds from the General Public so is not obliged to follow fundraising regulations and does not report on fundraising practice. Plans for future periods Future developments CL-AIRE will continue to pursue its crucial knowledge transfer role in remediation and regeneration working with landowners, consultants, technology providers, academia, Government. and other organisations within relevant sectors. It will disseminate and share industry research and best practice as widely as possible to benefit its expanding network of members and stakeholders. Page 5
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 8r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 CL:AIRE will continue to expand the offering for the Membership scheme, building meaningful and long-term partnerships with organisations and businesses that wish to pursue shared objectives. CL-AIRE will encourage new technology demonstrations, ensuring that sustainable remediation technologies get the backing the technologies deserve. In doing so CL-AIRE will promote business opporlunities to CL-AIRE'S partners by linking problem holders with solution providers and targeting grant funding to support the innovation process. CL:AIRE will continue to develop new training and educational materials. CL-AIRE will continue to support both the public and the private sector in accelerating sustainable regeneration. Directors. responsibilities statement The Trustees (who are also directors of Contaminated Land- Applications in Real Environments} are responsible for preparing the Trustees Report and the financial stalements in accordance with applicable law and regulations. Company law requires the Trustees to prepare financial statements for each financial year. Under that law the Trustees have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. under company law the Trustees must not approve the financial statements unless they are satisfied that Ihey give a true and fair view of the state of affairs of the charitable company and of the profit or loss of the charitable company for that period. In preparing these financial statements, the Trustees are required to: select suitable accounting policies for the charitable companls financial statements and then apply them consistently. make judgments and accounting estimates that are reasonable and prudent. prepare the financial statements on the going concem basis unless it is inappropriate to presume that the charitable company will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the charitable companls transactions and disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Disclosure of information to auditors Each of the persons who are Trustees at the time when this Trustees. Report is approved has confirmed that.. so far as the Trustee is aware, there is no relevant audit information of which the charitable companys auditors are unaware, and the Trustee has taken all the steps that ought to have been taken as a Trustee to be aware of any relevant audit information and to establish that the charitable companVs auditors are aware of that information. Auditors James Cowper Kreston have been appointed as auditor for the ensuing year in accordan with section 485 of the Companies Act 2006. Page 6
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 9r36 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Small companies note In preparing this report, the directors have taken advantage of the small companies, exemptions provided by section 415A of the Companies Act 2006. Approved by order of the members of the board of Trustees and signed on Iheir behalf by: Richard Fr(WBtt I9n2025 11 O356BSTiirrc*ll R L Froggatt Chair of Trustees Date: 19 June 2025 Page 7
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 10136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) STATEMENT OF TRUSTEES. RESPONSIBILITIES FOR THE YEAR ENDED 30 SEPTEMBER 2024 The Trustees {who are also the directors of the Company for the purposes of company law} are responsible for preparing the Trustees. Report and the financial statements in accordan with applicable law and United Kingdom Accounting Stsndards (United Kingdom Generally Accepted Accounting Practice). Company law requires the Trustees to prepare financial statements for each financial year. Under company law, the Trustees must not approve the financial statements unless they are salisfied that they give a true and fair view of the state of affairs of the Group and the Company and of their incorning resources and application of resources, including their income and expenditure, for that period. In preparing these financial statements, the Trustees are required to.. select suitable accounting policies and then apply them consistently., observe the methods and principles of the Charities SORP (FRS 102)" make judgments and accounting estimates that are reasonable and prudent., state whether applicable UK Accounting Standards (FRS 102) have been followed, subject to any material departures disclosed and explained in the financial statements- prepare the financial statements on the going conrn basis unless it is inappropriate to presume that the Group will continue in business. The Trustees are responsible for keeping adequate accounting records that are sufficient to show and explain the Group and the Companvs transactions and disclose with reasonable accuracy at any time the financial position of the Group and the Company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Group and the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Approved by order of the members of the board of Trustees and signed on its behalf by: I9JU25 71..56 BSTIUTC *11 R L Froggatt Chair of Trustees Date: 19 June 2025 Page 8
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 11136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS Opinion We have audited the financial statements of Contaminated Land: Applications In Real Environments (the 'parent charitable company,) and its subsidiaries (the 'group') for the year ended 30 September 2024 which comprise the Consolidated Statement of Financial Activities. the Consolidated Balance Sheet, the Company Balance Sheet, the Consolidated Statement of Cash Flows and the related notes, including a sumrnary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland. (United Kingdom Generally Accepted Accounting Practice). In our opinion the financial ststements- give a true and fair view of the state of the Group's and of the parent charitable companls affairs as at 30 September 2024 and of the Group's incoming resources and application of resources, including its income and expenditure for the year then ended. have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice., and have been prepared in accordance with the requirements of the Companies Act 2006 and the Charities Act2011. Basis for opinion We conducted our audit in accordance with Intemational Standards on Auditing {UK> (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the Group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Stsndard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the Trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have perfomied, we have not identified any material uncertainties relating to events or conditions that, individually or collectively. may cast significant doubt on the Group's or the parent charitable company's ability to continue as a going cOnM for a period of at least twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the Trustees v4ith respect to going concern are described in the relevant sections of this report. Page 9
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 12136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (CONTINUED) Other inforniation The other information comprises the infomation included in the Annual Report olher than the financial statements and our Auditors. Report thereon. The Trustees are responsible for the olher infomation contained within the Annual Report. Our opinion on the financial statements does not cover the olher information and, except to the extent otherwise explicilly staled in our reporl, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whelher the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstaled. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstaternent in the financial statements themselves. If, based on the work we have perforrned, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard. Opinion on other matters prescribed by the Companies Act 2006 In our opinion, based on the work undertaken in the course of the audit: the information given in the Trustees. Report for the financial year for which the financial statements are prepared is consistent with the financial statements. the Trustees, Report has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exception In the light of our knowledge and understsnding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the Trustees, Report. We have nothing to report in respect of the following matters in relation to which Companies Act 2006 requires us to report to you if, in our opinion: the parent charitsble company has not kept adequate and sufficient accounting records, or returns adequate for our audit have not been received from branches not visited by us., or the parent charitable company financial statements are not in agreement with the accounting records and returns. or certain disclosures of Trustees, remuneration specified by law are not made; or we have not received all the infomiation and explanalions we require for our audit- or the Trustees were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies, exemptions in preparing the Trustees, Report and from the requirement to prepare a Strategic Report. Responsibilities of trustees As explained more fully in the Trustees. Responsibilities Statement, the Trustees (who are also the directors of the charitable company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view. and for such internal conlrol as the Trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or eOr. In preparing the financial statements, the Trustees are responsible for assessing the Group's and the parent charitable company's ability to continue as a going concem. disclosing, as applicable, matlers relaled to going concem and using the going cOnM basis of accounting unless the Trustees either intend to liquidate the Group or the parent charitable company or to cease operations, or have no realistic alternative but to do so. Page 10
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 13136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (CONTINUED) Auditors. responsibilities for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors, Report that includes our opinion. Reasonable assurance is a high level of assuran, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstalements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users iaken on the basis of these financial statements. Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material missiatement in the financial stalements or non-compliance with regulation. This risk increases the more that compliance with a law or regulation is removed from the events and Iransaclions reflected in the financial ststements, as we will be less likely to become aware of instances of non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. The specific procedures for this engagement that we designed and performed to detect material misstatements in respect of irregularities, including fraud, were as follows- Enquiry of management and those charged with govemance around actual and potential litigation and claims- Enquiry of management and those charged wtth g0Veman to identify any material instan$ of non- compliance with laws and regulations. Reviewing financial statement disclosures and testing to supporting documentation to assess compliance with applicable laws and regulations- Perfonning audit work to address the risk of irregularities due to management override of controls, including testing of joumal entries and other adjustments for appropriateness. evaluating the business rationale of significant transactions outside the nomial course of business and reviewing accounting eslimates for evidence of bias. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.or .uklauditorsres onsibilities. This description fonns part of our Auditors, Report. Page11
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 14136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) INDEPENDENT AUDITORS. REPORT TO THE MEMBERS OF CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS (CONTINUED) Use of our report This report is made solely to the charitable companls members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006, and to the charitable companls trustees, as a body, Part 4 of the Charities (Accounts and Reports) Regulations 2008. Our audit work has been undertaken so that we might state to the charitable company's members those matters we are required to stale to them in an Auditors. Report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the charitable company and its members, as a body, for our audit work, for this report, or for the opinions we have fomed. Darren O'connor BSc(Hons) FCCA ACA (Senior Statutory Auditor) for and on behalf of James Cowper Kreston Audit Chartered Accountants and Statutory Auditor Reading Bridge House George Street Reading Berkshire RG18LS Date: 26th June 2025 Page 12
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 15136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) CONSOLIDATED STATEMENT OF FINANCIAL ACTIVITIES (INCORPORATING INCOME AND EXPENDITURE ACCOUNT) FOR THE YEAR ENDED 30 SEPTEMBER 2024 Unrestricted funds 2024 Total funds 2024 Total funds 2023 Note Income from: Charitable activities 355,978 1,023,444 153 355,978 1,023,444 153 267,309 799,690 44 Other trading activities Investments Total income 1,379,575 1,379,575 1,067,043 Expenditure on: Raising funds Charitable activities 715,938 508,813 715,938 508,813 751,701 490,159 Total expenditure 1,224,751 1,224,751 1,241,860 Net movement in funds 154,824 154,824 (174,817) Reconciliation of funds: Total funds brought forward Net movement in funds 451,435 154,824 451,435 154,824 626,252 (174,817) Total funds carried forward 606,259 606,259 451,435 The Consolidated Statement of Financial Activities includes all gains and losses recognised in the year. The notes on pages 18 to 34 fom part of these financial statements. Page 13
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 16136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) REGISTERED NUMBER: 03740059 CONSOLIDATED BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Note Fixed assets Intangible assets Tangible assets 12 12,603 28,370 42,284 32,380 13 40,973 74,664 Current assets Debtors 15 161,594 723,829 127,144 554,815 Cash at bank and in hand 885,423 681,959 Creditors.. amounts falling due within one year 16 (320,137) (305,188) Net current assets 565,286 376,771 Total assets less current liabilities 606,259 451,435 Total net assets 606,259 451,435 Charity funds Unrestricted funds General funds 17 606,259 451,435 Total unrestricted funds 17 606.259 451,435 Total funds 606,259 451,435 The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: RIchOF3artl9n Z02511..03'.56*TIUTC+11 R L Froggatt Chair of Trustees Date: 19 June 2025 The notes on pages 18 to 34 fom part of these financial statements. Page 14
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 17136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) REGISTERED NUMBER: 03740059 COMPANY BALANCE SHEET AS AT 30 SEPTEMBER 2024 2024 2023 Note Fixed assets Intangible assets Tangible assets Investments 12 8,389 21,106 100 16,303 26,332 100 13 14 29,595 42,735 Current assets Debtors 15 73,343 397,680 82,706 472,027 Cash at bank and in hand 471,023 554,733 Creditors.. amounts falling due within one year 16 (202,814) (194,068) Net Current assets 268,209 360,665 Total assets less current liabilities 297,804 403,400 Total net assets 297,804 403,400 Charity funds Unrestricted funds General funds 17 297,804 403,400 Total unrestricted funds 17 297,804 403,400 Total funds 297,804 403,400 The Companvs net movement in funds for the year was £{105,596) (2023- £106,948). The Trustees acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and preparation of financial statements. The financial statements have been prepared in accordance with the provisions applicable to entities subject to the small companies regime. Page 15
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 18136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) REGISTERED NUMBER: 03740059 COMPANY BALANCE SHEET (CONTINUED) AS AT 30 SEPTEMBER 2024 The financial statements were approved and authorised for issue by the Trustees and signed on their behalf by: Rthard 19JuDak5 BSTiufc +11 R L Froggatt Chair of Trustees Date: 19 June 2025 The notes on pages 18 to 34 fom part of these financial statements. Page 16
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 19136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 30 SEPTEMBER 2024 2024 2023 Cash flows from operating activities Net cash used in operating activities 179,846 (199,490) Cash flows from investing activities Dividends, interests and rents from investments Purchase of intangible assets Purchase of tangible fixed assets 153 44 (6,085) (4,900) (6,363) Net cash used in investing activities (10.832) (6,319} Change in cash and cash equivalents in the year Cash and cash equivalents at the beginning of the year 169,014 (205,809) 760,624 554,815 Cash and cash equivalents at the end of the year 723,829 554,815 The notes on pages 18 to 34 form part of these financial statements Page 17
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 20136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 General information Contaminated Land: Applications in Real Environments is a private company, limited by guarantee, incorporated in England and Wales. The registered office is Reading Business Centre, Fountain House, Queens Walk, Reading, RG1 7QF. Accounting policies 2.1 Basis of preparation of financial statements The financial statements have been prepared in accordan wilh the Charities SORP {FRS 102) - Accounting and Reporting by Charities: Statement of Recommended Praclice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019), the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) and the Companies Act 2006. Contaminated Land- Applications In Real Environments meets the definition of a public benefit entity under FRS 102. Assets and liabilities are initially recognised at historical cost or transaction value unless otherwise stated in the relevant accounting policy. The Consolidated Statement of Financial Activities (SOFA) and Consolidated Balance Sheet consolidate the financial statements of the Company and its subsidiary undertaking. The results of the subsidiary are consolidated on a line by line basis. The Company has taken advantage of the exemption allowed under section 408 of the Companies Act 2006 and has not presented its own Stalement of Financial Activities in these financial statements. 2.2 Income All income is recognised once the Company has entitlement to the income, it is probable that the income will be received and the amount of income receivable can be measured reliably. Grants are included in the Consolidated Ststement of Financial Activities on a receivable basis. The balance of income received for specific purposes but not expended during the period is shown in the relevant funds on the Balance Sheet. Where income is received in advance of enlitlement of receipt, its recognition is deferred and included in creditors as deferred income. Where entitlement occurs before income is received, the income is accrued. Income tax recoverable in relation to investment income is recognised at the time the investment income is receivable. Income from training and the provision of services is recognised as income as the service is provided. Amounts received in respecl of fulure periods is carried forward as deferred income. Membership income is recognised on a straight line basis over the period of membership. Any proportion of membership receipts that relates to future periods is carried forward as deferred income. 2.3 Company status The company is a company limited by guarantee. The members of the company are the Trustees names on page 1. In the event of the company being wound up, the liability in respect of the guarantee is limited to £1 per member of the company. Page 18
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 21136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (continued) 2.4 Expenditure Expenditure is recognised once there is a legal or constructive obligation to transfer economic benefit to a third party, it is probable that a transfer of economic benefits will be required in settlement and the amount of the obligalion can be measured reliably. Expenditure is classified by activity. The costs of each activity are made up of the totsl of direct costs and shared costs, including support costs involved in undertaking each activity. Direct costs attributable to a single activity are allocaled directly to that activity. Shared costs which contribute to more than one aclivity and support costs which are not attributable to a single activity are apportioned between those activilies on a basis consistent with the use of reSoUrs. Central staff costs are allocaled on the basis of time spent, and depreciation charges allocated on the portion of the asset's use. Expenditure on charitable activities is incurred on directly undertaking the activities which further the Group's objectives, as well as any associated support costs. All expenditure is inclusive of irrecoverable VAT. 2.5 Research and development Development costs are capitalised within intangible assets where they can be identified with a specific product or project anticipated to produce future benefits, and are amortised on the straight line basis over the anticipated life of the benefits arising from the completed product or project. Deferred research and development costs are reviewed annually, and where future benefits are deemed to have ceased or lo be in doubt, the balance of any related research and development is written off to the Consolidated Statement of Financial Activities. 2.6 Interest receivable Interest on funds held on deposit is induded when receivable and the amount can be measured reliably by the Group- this is nomially upon notification of the interest paid or payable by the institution with whom the funds are deposited. 2.7 Intangible assets and amortisation Intangible assets costing £500 or more are capitalised and recognised when future economic benefits are probable, and the cost or value of the asset can be measured reliably. Intangible assets are initially recognised at cost. After recognilion, under the cost model, intangible assets are measured at cost less any accumulated amortisalion and any accumulated impairment losses. Amortisation is provided on intangible assets at rates calculaled to write off the cost of each asset on a straight-line basis over its expected useful life. Amortisation is provided on the following bases- Development expenditure Website 3 year straight line 3 years straight line Page 19
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 22136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (continued) 2.8 Tangible fixed assets and depreciation Tangible fixed assets costing £500 or more are capitalised and recognised when future economic benefits are probable and the cost or value of the asset can be measured reliably. Tangible fixed assets are initially recognised at cost. After recognition, under the cost model, tangible fixed assets are measured at cost less accumulated deprecialion and any accumulated impairment losses. All costs incurred to bring a tangible fixed asset into its intended working condition should be included in the measurement of cost. Depreciation is charged so as to allocate the cost of tangible fixed assets less Iheir residual value over their estimated useful lives, using the straighl-line method. Depreciation is provided on the following bases- Fixtures and fittings Computer equipment 7 years straight line 5 years straight line 2.9 Investments Fixed asset investments are a fom of financial instrument and are initially recognised at their transaction cost and subsequently measured at fair value at the Balance Sheet date, unless Ihe value cannot be measured reliably in which case it is measured at cost less impaimient. Investmeni gains and losses, whether realised or unrealised, are combined and presented as 'Gainsl(Losses) on investments, in the Consolidaled Statement of Financial Aclivities. Investments in subsidiaries are valued al cost less provision for impairment. 2.10 Debtors Trade and other debtors are recognised at Ihe settlemenl amount after any Irade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. 2.11 Cash at bank and in hand Cash at bank and in hand includes cash and short-term highly liquid investments with a short maturity of three months or less from the date of acquisition or opening of Ihe deposil or similar account. 2.12 Liabilities and provisions Liabilities are recognised when there is an obligation at the Balance Sheet date as a result of a past event, it is probable that a transfer of economic benefit will be required in settlement, and the amount of the settlement can be estimated reliably. Liabilities are CogniSed at the amount that the Company anticipates it will pay to settle the debt or the amount it has received as adVand payments for the goods or services it must provide. Provisions are measured at the best estimate of the amounts required to settle the obligation. Where the effect of the time value of money is material, the provision is based on Ihe presenl value of those amounts, discounted at the pre-tax discount rale that reflects the risks specific to the liability. The unwinding of the discount is recognised in the Consolidated Statement of Financial Activities as a finance cost. Page 20
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 23136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Accounting policies (continued) 2.13 Financial instruments The Group only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments are initially recognised at transaction value and subsequently measured at their settlement value with the exception of bank loans which are subsequently measured at amortised cost using the effective interest method. 2.14 Pensions The Group operates a defined contribution pension scheme and the pension charge represents the amounts payable by the Group to the fund in respect of the year. 2.15 Fund accounting General funds are unrestricted funds which are available for use at the discretion of the Trustees in furtheran of the general objectives of the Group and which have not been designated for other purposes. Investment income, gains and losses are allocated to the appropriate fund. Income from charitable activities Unrestricted funds 2024 Total funds 2024 Total funds 2023 Training income Projects and consultancy income Other income from charitable activities Membership subsciptions Charitable trading fees receivable 103,938 108,361 1,125 121,558 20,996 103,938 108,361 1,125 121,558 20.996 76,424 63,716 2,000 108,959 16,210 355,978 355,978 267,309 Total 2023 267,309 267,309 Page 21
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 24136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Income from other trading activities Unrestricted funds 2024 Total funds 2024 Total funds 2023 Charitable trading subsidiary income 1.023,444 1,023,444 799,690 Total 2023 799,690 799,690 Investment income Unrestricted funds 2024 Total funds 2024 Total funds 2023 Investment income 153 153 44 Total 2023 44 44 Page 22
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 25136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Expenditure on raising funds Other trading expenses Unrestricted funds 2024 Total funds 2024 Total funds 2023 Direct costs 9,330 222,515 178,503 282,042 23,548 9,330 222,515 178,503 282,042 23,548 30,598 253,477 247,162 198,698 21,766 Administration expenses Direct staff costs Administration staff costs Depreciation and amortisation 715,938 715,938 751,701 Total 2023 751,701 751,701 Analysis of expenditure on charitable activities Summary by fund type Unrestricted funds 2024 Total 2024 Total 2023 Stimulating regeneration of contaminated land 508,813 508,813 490,159 Total 2023 490,159 490,159 Page 23
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 26136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Analysis of expenditure by activities Activities undertaken directly 2024 Support costs 2024 Total funds 2024 Total funds 2023 Stimulating regeneration of contaminated land 439,866 68,947 508,813 490,159 Total 2023 414,859 75,300 490,159 Analysis of support costs Total funds 2024 Total funds 2023 Activities 2024 Depreciation Office costs Governance costs 21,128 28,408 19,411 21.128 28,408 19.411 20,041 37,358 17,901 68,947 68,947 75,300 Total 2023 75,300 75,300 Auditors. remuneration 2024 2023 Fees payable to the Companvs auditor for the audit of the Companls annual accounts 12.000 10,500 Fees payable to the Companls auditor in respect of: The auditing of accounts of the subsidiary of the company Taxation compliance servi$ 9,500 1,500 7,750 1,205 Page 24
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 27136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 10. Staff costs Group 2024 Group 2023 Company 2024 Company 2023 Wages and salaries Social security costs Contribution to defined contribution pension schemes 644,793 68,165 614,190 64,080 244,236 27.013 227,099 23,091 35,036 33,515 16,200 15,735 747,994 711,785 287,449 265,925 The average number of persons employed by the Company during the year was as follows: Group 2024 No. Group 2023 No. Company 2024 No. Company 2023 No. Employees 18 16 The average headcount expressed as full-time equivalents was: Group 2024 No. Group 2023 Company 2024 Company 2023 No. Employees 13 14 The number of employees whose employee benefits (excluding employer pension costs) exceeded £60.000 was: Group 2024 No. Group 2023 No. In the band £60,001- £70,000 In the band £80,001- £90,000 In the band £100,001- £110,000 The total amount of remuneration paid to key management personnel was £182,877 (2023.. £205,914). Trustees. remuneration and expenses 2024 2023 N Harries Remuneration 34,218 2.737 3.989 51,758 4,140 3,390 Pension contributions paid Other benefits Page 25
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 28136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 Trustees. remuneration and expenses (continued) During the year ended 30 September 2024, expenses totalling £3,249 were reimbursed or paid directly to 3 Trustees (2023 - £6,686 to 3 Trustees) for food and travel costs. 12. Intangible assets Group Develop- ment Website Total Cost At 1 October 2023 105,600 105,600 4,900 Additions 4,900 At 30 September 2024 4,900 105,600 110,500 Amortisation At 1 October 2023 Charge for the year 63,316 33,742 63,316 34,581 839 At 30 September 2024 839 97,058 97,897 Net book value At 30 September 2024 4,061 8,542 12.603 At 30 September 2023 42.284 42,284 Page 26
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 29136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 12. Intangible assets (continued) Company Develop- ment Website Total Cost At 1 October 2023 Additions 40,300 40,300 4.900 4,900 At 30 September 2024 4,900 40,300 45,200 Amortisation At 1 October 2023 Charge for the year 23,997 11,975 23,997 12,814 839 At 30 September 2024 839 35,972 36,811 Net book value At 30 September 2024 4,061 4,328 8,389 At 30 September 2023 16,303 16,303 Page 27
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 30136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. Tangible fixed assets Group Fixtures and fittings Computer equipment Total Cost or valuation At 1 October 2023 Additions 18.118 34,067 6,085 52,185 6.085 At 30 September 2024 18.118 40,152 58,270 Depreciation At 1 October 2023 Charge for the year 4,552 2,588 15,253 7,507 19.805 10,095 At 30 September 2024 7,140 22,760 29.900 Net book value At 30 September 2024 10,978 17,392 28,370 At 30 September 2023 13,566 18,814 32,380 Page 28
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 31136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 13. Tangible fixed assets (continued) Company Fixtures and fittings Computer equipment Total Cost or valuation At 1 October 2023 18.118 25,783 3,088 43,901 3.088 Additions At 30 September 2024 18.118 28,871 46,989 Depreciation At 1 October 2023 Charge for the year 4,552 2,588 13,017 5,726 17,569 8,314 At 30 September 2024 7,140 18,743 25,883 Net book value At 30 September 2024 10,978 10,128 21,106 At 30 September 2023 13,566 12,766 26,332 14. Fixed asset investments Investments in subsidiary companies Company Cost or valuation At 1 October 2023 100 At 30 September 2024 100 Net book value At 30 September 2024 100 At 30 September 2023 100 Page 29
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 32136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 15. Debtors Group 2024 Group 2023 Company 2024 Company 2023 Due within one year Trade debtors 111,920 62,757 18,689 16,850 37.804 10,352 55,426 16,928 Amounts owed by group undertakings Prepayments and accrued income 49,674 64,387 161,594 127,144 73,343 82,706 16. Creditors: Amounts falling due within one year Group 2024 Group 2023 Company 2024 Company 2023 Trade creditors 40,723 67,046 4,384 207,984 24,543 37,594 3,218 239,833 24,750 12,307 1,274 164,483 23,295 15,378 734 Other taxation and social security Other creditors Accruals and deferred income 154,661 320,137 305,188 202,814 194,068 Group 2024 Group 2023 Company 2024 Company 2023 Deferred income at 1 October 2023 Resources defeed during the year Amounts released from previous periods 172,491 144,340 (172,491) 285,939 115,836 172,491 124,972 {285,939) {115,836) 90,851 115,836 (90,851) Deferred income at 30 September 2024 144,340 172,491 124,972 115,836 Deferred income is income reiVed in relation to membership subscriptions, projects and training courses to be held in 2024125. Page 30
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 33136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 17. Statement of funds Statement of funds - current year Balance at 30 September 2024 Balance at 1 October 2023 Income Expenditure Unrestricted funds 451,435 1,379,575 General funds (1,224.751} 606,259 Statement of funds - prior year Balance at 30 September 2023 Balance at 1 October 2022 Income Expenditure Unrestricted funds General funds 626,252 1,067,043 (1,241,860) 451,435 18. Summary of funds Summary of funds - current year Balance at 30 September 2024 Balance at 1 October 2023 Income Expenditure General funds 451,435 1,379,575 (1,224,751) 606,259 Summary of funds - prior year Balance at 30 September 2023 Balan at 1 October 2022 Income Expenditure General funds 626,252 1,067,043 (1,241,860) 451,435 Page 31
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 34136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 19. Analysis of net assets between funds Analysis of net assets between funds - current period Unrestricted funds 2024 Total funds 2024 Tangible fixed assets Intangible fixed assets Current assets Creditors due within one year 28,370 28,370 12,603 12,603 885,423 885,423 (320,137) (320,137) Total 606,259 606,259 Analysis of net assets between funds - prior period Unrestricted funds 2023 Total funds 2023 Tangible fixed assets Intangible fixed assets Current assets 32,380 42,284 681,959 (305,188) 32,380 42,284 681,959 (305,188) Creditors due within one year Total 451,435 451,435 Page 32
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 35136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 20. Reconciliation of net movement in funds to net cash flow from operating activities Group 2024 Group 2023 Net incomelexpenditure for the period (as per Statement of Financial Activities) 154,824 (174,817) Adjustments for: Depreciation charges Amortisation charges Dividends, interests and rents from investments Decreasel(increase) in debtors Increasel(decrease) in creditors 10.095 34,581 (153) (34,450) 14.949 9,515 33,741 {44) 134,943 (202,828) Net cash provided byl(used in) operating activities 179,846 (199,490) 21. Analysis of cash and cash equivalents Group 2024 Group 2023 Cash in hand 723,829 554,815 Total cash and cash equivalents 723,829 554,815 22. Analysis of changes in net debt At30 September 2024 October 2023 Cash flows Cash at bank and in hand 554,815 169,014 723,829 554,815 169,014 723,829 23. Pension commitments The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund. The pension cost charge represents contributions payable by the group to the fund and amounted to £35,036 {2023'. £33,515). Contributions totalloing £3,399 {2023: £3,218) were payable to the fund at the balan sheet date and are included in creditors. Page 33
VithalSignatur8 Transaction Ref. 59VD-GF3T-7Q4T 19 Jun 2025 11..03..57 BST IUTC +1) D 114 P 36136 CONTAMINATED LAND: APPLICATIONS IN REAL ENVIRONMENTS {A Company Limited by Guarantee) NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024 24. Related party transactions The Chairman R Froggatl received remuneration for consultancy services during Ihe year of £40,000 (2023.. £40,000) in an arrangement approved by bolh Charity Commission and the Trustees. The Company is exempt from disclosing related party transactions with other 1000/0 owned members of the Group headed by Contaminated Land: Applications in Real Environments by virtue of FRS 102 section 33.1 A. The company purchased profesionnal indemnity insurance for its trustees and officers. 25. Controlling party The charity is under the control of the Board of Trustees. 26. Principal subsidiaries The following was a subsidiary undertaking of the Company. Name Company number Registered office or principal Principal activity place of business C-LAIRE Initiatives Ltd 13628954 Reading Business Centre Operating Definition of Fountain House, Queens Walk, Waste Code of Reading, RG17QF Practice programme Class of shares Holding Included in consolidation Ordinary 100/0 Yes The financial results of the subsidiary for the year were- Name Income Expenditure ProfiV(Loss) for the year Net assets C-LAIRE Initiatives Ltd 1.023,444 715,938 307,506 308,555 Page 34