sequestration
lliiiiNINII
*AEBIIII•JA•
(￿MpA￿Es HOUSE
Rep)rtand Accounts
Year ended 31 March 2025
uestrusLo
col￿nY number. 07611￿9
Registered Charity: 1143397

the ecological sequestration trust
Contents
P*g•
Company wdonnat
ependent eXaMw￿$ wort
TW$t￿ rwort
Statement of fKwn¢ial a¢iivilie
12
13
Notes to tNwncial stat&7WI$
15
P8gB 2

the ecological sequestration trust
Company infomiation
forthe
ear ended 31 March 2025
Trnsle
Prole5sor Peter He&1 ￿E FREr¥J FRSA
Pmfessor NiLfjy Shth 08E FREng
Barbara Ryan
Fb)bin Slott
The E¢ologlul Sequ••tr•ilM Tntst is • th¥lt¥)le COMp￿Y Ilmlted by guvanto¢
T•glstthd In England and Wales
07611969
Raglst•w•d Charlty Nmbar. 1143397
LoTKlon
EC2A 4bE

the ecological sequestration trust
Independent examinef s report
forthe earended 31 Marth 2025
Indynd•rt examTrnrfs Thport to th• In￿le¢S olThe Ecologi￿$ seq{￿$￿￿¢1￿l Trust
l Yeport to the trustee5 on my exaninalion of t￿fin￿la1 stat•merrts ol the cornparbylorthe y
ended 31 March 2025 are sef otst on pages 12 to 21.
Th￿$ wort is sokly to the trusteès a5 a body, In Xcordaico ￿1th the tharfues Act 2011.
Uy eX￿rnation been ￿dertaken so t10t I might state lo th8 tsusiees tIK&se matters l am
requifwj to Stale to th￿ in an tndependurt exwninerfs report for ro other purptsse. To the
fullest exlent pennitled by law. I do r*)t accept ora6SLMne respons￿IlIty to anyone Dther than the
TNst and the tru51e¢s as 8 body. forrny examinatw)n, fortrM$ report, or.fortlB opinion$ I have
fom)ed.
R•5ponslbllil¥s and of i•port
As the tr115tees of chwltable company {aw*J also Ils dI￿t0￿ forthe p￿pOSeS of compary
law) you ￿ ￿ponSIble forlhe prpparatbon of ts firw(a* statement$ kn accoTdance *qth thg
rEquir￿ents of the Cknilies Act 2011 I'IIE a)11 Act'l
I report in respect of my of yoweharfiy's financial &thn•rts as earrifAI urKIw
5￿tIOn 145 of t￿ 2011 Act arbj In c*rying Qut my èx**iftation I have followed alltha aPp￿C￿le
di￿¢￿0n$ given by the Charty Commission UThjerS￿tsQn 145151(bl of the 2011 Act.
lfidepend•rt examlnerf5 •t*ement
thechwrty's grossin¢om8exceeds £250,(th yourexwnirv rrntsi be a mÈmb¢r of a bo¢Jy listsj
in section 145 of the 2011 Aci. Iconfimi Ihat l am q￿rti£d to ￿dertak0 Ihg exam¢nation becats$e
l am a member of the knstitute of (Jwler•J Accourtarts in ErKJI￿ aThJ Wales. *thich is 0￿01
trÈ listed bodies.
I have complet•AI my uWnirwt￿n. I corrfirn thet no m*tW5 Iwve come. to my attention in
conTh%lion with my exanin￿l0￿ givmvj rne catse to bdleve that in any materf#l rèspect:
• aCCDwliThJ rncoBJs Th)t kept kn rnspect ol etro1itablec0rnp￿ as rwuired by secton
130 01 the 2011 ACL or
• the fir￿￿lar st*wnenls do rKJl ￿0rd tAilh I•￿se ￿cOrdS.. or
• firwcial statements do Thjt comply*ith applicable rw4ulrwnerts Co￿8￿g the fi
4rKI ¢onterrt of frrwKia 5tstements sd oul in t￿ I￿￿tioS (Accowrts aTKI Reports}
uIBtions 2008 other ￿Y wu1￿m￿￿ Ifrot the fi￿￿81 ststements give a Irue and
fwr vithrf is nol a matter con5idpml as pwt of ￿ iThJe￿1￿t examtnatlDn.
Paqe 4

the ecological sequestration trust
Independent examIne￿S report
for Ihe ear ended 31 March 2025
I have ￿ concans arml love ¢ome a¢￿sS rK) 0￿r matters in connection wth the exarnination
lo Wthich a￿tIOn S￿Uld be ¢Jr&•m ￿ this report in ordwto enable a proper￿d￿stand￿rg of t
&counls to be rexhed.
re8dNng my cortlusion on the finBncid stknn•rts. I havo conside￿1 the adeqv8cy of th
d￿ClOS￿E5 in rKste 1.2 to the f￿￿la1 statemerrts ¢orrterturg the charit&>le company's ability ID
corrtinue as a going concem. Ihe Trustoes have confimw th* contlrnjal supportwÈll beavailablè
fwpm P￿)lessor and aThJ expect that futWE SOLwce5 of furwjry *qll be
•Jequ*e for.the compaThy's netrjs.
kndep&ryl&)t Examin
Dale.. 15 Sept•nber 2025
P8go 5

the ecological sequestration trust
Trustees report (incorporating a Directors report)
forthe
ar ended 31 March 2025
Our obl•cd¥•s
To attrdctthe talent and eKPWti5etoest*)k"sh
and the Ttwl. *ongside • Wid
mdtidlsclplin￿ alvlsory r*tt4rJrk.
We have contwK*d to attract Plah profi
eXp￿￿selOact #STr￿teeS and Adwsory Boanj
member5. PNot Prrjlects glob8A resèarch
grDUP $limm•l down butslill rneets in small
grLTrUPS. Weare now cO￿enIng a large group
expwts are wothing on the rurat fE5ilience
progrnmme in ￿"suMU County Kerya usiro
iivJr&ed syslems tlinkwN.
To Idertrfy and attract sponsorship io fur
the woth of TAtst iMpl￿ne￿ o
stratwic aims.
Se¢urtrry spons0tsh￿l contlrmjes to be
challwoirYJ. Wè have, l¥JMEver. buill the
Resilience 8rDkws delivery *m into a viable
busiFWS p￿¥141r￿￿ swvlce5 aligned to our
Si¥8tegK wrn5 basi¢ slabilty to th8 sm¥M
team is ￿8blIng the group to buikl new
partrw5hip5 8ThJ opporturylies, s￿h as that
V•ith Dutch cornpaly Twst 2 knpxt, in
Kwya. Thi8 is aclknilrvj si9nrfic•rtrnornwrtum.
To develop an open40ure8 ￿&￿-b*s￿l
Integratéd U￿an4￿rat
e5vJn
modd
{resih"￿ce.1oI to iepiesent 8fKI
proposed econofftcs aThJ rnsoU¥cef￿￿ aTrl
IMsfoFmatiDrfj lorrryional decision*)7akiThJ
sipport to actry¢vg the Gk>b4 Goats.
ff OPPOrtLwaties to b￿[d on the prototm
VtbarHural dttign rnodd have beth limit&J f
this year_
We have COr￿rUe￿ to deve
expwiisè applt*iors of Systems Ihinking
In city-rEgion setting5. uslng data dii¥en
modds. W•tich is us to build kno*l&Jge
arnj èxpertise lo 8upportfulur¢developm¢nls in
thT5 rn. We a￿ $￿portIng Trust 2 trrpact in
this continue to b¢d forfurKJir4J *ith some
SUCGgs¥. %thich 1$ 8lrEady enabling th15 to
prDgress in Kenya. Thvp 8re positiveenquiries
for tt*s pktforn In thna and Africa.
Our obiecth¥es for 21Q&2028 a￿:.
to identify and attwt gmls Spon50￿hlp to fund tho w)rf¢ of th• TNst through th•
dv4•1oprMnt of owassocialion Tmih Tntst 2 Imp￿t.
to contirwe to grow th8 Re5iliW￿o Brokws entity to a sustai1￿10 profitabl& bu51r
ilwough Stah'￿ up *ilh Tr￿1 2 TFu5t in other regKJn5 arouTrJ Lake Victoii¥ uslng
Strategk •lm$ 2025 . 2030
is *Y•rf(Ing to a livevyew progrwnmg. TAith th8 folk1*W￿ sliategic obsoctives..
To establlsh clty4tylon demon•tr•torn of iRt•gr•ted pf*ntng *round
th• I￿rtd. For e¥h of tttse. to devdop o POrtfoNo ol eollabofatlon. techTr)looy
Pgge 6

the ecological sequestration trust
Trustees report (incorporating a Directors report)
forthe earended 31 March 2025
integration arwj irfra51ruclwe projects involwng gkjbal and local partn8rs.
To lurth•r dèv•l¢)p. test and deploy t*>ols ltsr collaborntÈon and systems thlnklng to
support Inlegrnted plannino in dty ffeglons in order to develop Practic￿ ddiver&bl8
5cenwios for low cabon. heathy. just aThJ fesili&)t Urb￿ development.
To bulld on our glolkal Ixinging talent and expertisè tO9Èther sts as
r4>idly deploy to9¢th￿￿th resourres 10 5UPPOrt climaie compatible impact.
The E¢olo9lca Sequestration Tn￿t is a chantable company limit&J by guar8ntee No. 07611969,
4ncoryJorattd under WKI gov￿￿ by itsmemorandwn and Articles of A580Ciatton. Ecological
Sequestrst￿n Tw51 fEgiSlered *iltt the Charity fAJmmtS5ion as a chariiy in EnglaTh3 and
Wales on 21.April 2011. Pk•. 1143397. Tr admirNslrntive deta￿s ol the ¢haritable company are
det&led on page 3 forthe yew 31 Mach 2025.
Th• ob*cts of as set OL* in fv kn¢les of ASsocK￿l￿n.
Ihe conserytition of thè n*urJ fofth¢ publt beT*fit by pmmoting the red￿tI)n
of grEen1￿use gase5. pwbcu5aty {withoui limrtation) by develJping wtd advw*ing cwbon
sequestrnkn.on methods lo cart)on dioxide levds in lh8 almosphErB'. and
to promote cary forthe pth1￿ bemfit research irth climaie change and methods tr*
dut• dimate chengq trj p￿Ik"s￿ wdely dissrnte the res*Ats of s￿￿ rese￿h.
Publ1¢ l)en•llt
Trustees have TrfwrEd to the gutdance N th¥ th￿tY Commission's general guida[￿e on
Public Benefit le¥￿W￿j our aims aThJ objectives arwj in plannlryJ our fulure activlllos. In
partiCLlw, Ihe pIar￿ed actiwtieswill have a d1￿Cta￿l positivebenefilforindividuals. wmmurAII
aTrJ economlès tlrough the improveo utilisation ol scarce resources and r85uAJ"ThJ rèjuctlon In
damage to the *wlronmert. An tr￿pIe of IIHS is agr04O￿$try and feforBSt*lon In
Kenya. liftry the rutal •coMmy. impmvitwj biodr¥w5rty a￿1 r&tuc¢ng flood risk.
14•uwllment and aPPQMnknwbt otTvuste
Tnjstees are listed on pages 8 arKI 9 arnl eonstitutetho Boanl that manages the company.
Trustees arn recnAtad accordtrvJ to a range of skSlls exPeri￿Ce required to ensLtre the
oryanisation'sobje¢ti¥es ¥e *%eved. Tr* nwnimum Nmbw of 8owd membw5 is twv. One thl
of tnjstees must reli￿ at exh anr•Jal genernl meetir#J. but*e all etigible forre*bBCtKJn. Normalty.
TA￿te0S may ser4e a maximwn of thwyeats at %%kn'¢h polnt they mv51 tthe a break fmm off¢
Tlws nAe may be diwpliod by a ￿r￿m0(￿ rasolutKJn of the TTh¢slees.
Indu￿0￿ and tralnlng ofTNste•s
appoint￿￿ T￿teeS are provided *ith ￿ inforrn3tK)n p￿k detsilir4J the C*arity's wtsrk. its
partneTships aThJ ils currntt pollae¥. A progrnmme of me•tirrtJs is set up for Trusteas vlth
Ihe Chak 8rvJ key members ol staff.
ThE Bowd 18 responsible forthe policy strnt&Jy of The Ecologic81 Sequestration TRBI arKI
118 subsidiary Resilience Brokers Limited. ensuring the long4ern SUSI￿nabl1lty of theorgani58tion
along with ils finar£ial and kgal probity. It is also rESpO￿lbI8fOrthe appolntff￿nt of Trttslees.
Execuiive Management is rtspofisib￿ forimpknmantiro policies strategie5 Ihat
have be￿ 8pproved by tl* Bo¥d. ¥A1 for pro9ressirg organiSa￿￿al objectives.
The 8oartl aims to.me8t quartwty I￿1¥aS firorKial opwat10￿1 ￿portS
Ex¢cuti¥e Management Tewn.
P4¥e 7

the ecological sequestration trust
Trustees report (incorporating a Dlre¢tors report)
for Ihe
ear ended 31 March 2025
Risk maRag•menl
The 8oanJ and Ex￿11￿ Marojwt Team examine the piindpal aTBas of t
chari￿5 operdtion5 and it regulaty considets the m4or risks that may arise in ¥ch of these
eas. Thé Executive Mwwement Teom continues to Mor*tor¢a￿UlIY fv financAal otrt¢owe
tlatives uTrJ¥taken during the year. It ￿ done this in the kno%bledge that Weserye funds negj
to I￿rnaSe in line vAth th8 (*arity's re5eryes policy. Thls is an wea tljat ￿rtInUe to bfr
monIto￿lj ¢arèlLAly in Irght ol future Ptr￿.
The TruWeBs l¥kn we aso the Drrectots for cor￿￿4 law) *e'.
Prol. Petw
Professor Peter Hea(J is a civil •)J st￿￿tural engineef aThJ
T￿o9￿￿￿ed *YJrfd kadw in maior bridges. advanced corrpos
tschrnjlogy and integrnted syst￿￿ planThng for susianab
dev¢lopmert ark* rt910￿, WID￿Jr9 lor Mathsg11. AECOM
KJ Awp.
2￿ he was nam&J by Ihe (athian Newspaper 0150
peoP￿that CO￿d.s￿e ￿ pla￿v wa5 cr¢ed by Time rnagazlne
of 30 globd ¢¢o-heroes.
April 2011 I￿Se1 up The EcotogrcalWu•strationTnJs( a Ch￿"ty
*uch has brought toget14er the *vrtd's top SCi&rtists. enginee￿.
Or￿mIS15. 11Th￿Cle￿. heahh. ecokigy otW specialÈsls
cr•*e wxw.rnsithencè.io tool to hdp acc8k¥&te t8¢kling ciifflate
change and i￿uSi¥e ts3onwaiwe deve10prn￿rt. k was pyototypoj
us￿ by tl* Accra IAetn) Aw to creale ￿ inlegratd syste
invdstm•rtt plan to meet the Unital Nation5 Sustarrt)
Devd0prn￿I Goal SDG6- *ater sanitation by 2030.
As extwsivdy *ilh the UNDRFi Peter i¥ visiliry
prolessorinsLStairAble systems engirwbng at Uriver5ity olBrist
atso *ture5 on P&lofflMrte Based Pmcurtrrnrt at Oxlud
Bro¢kes Lknivetsity.
19Se he ••A￿led the OBE forhs on Second S￿ern
Crossir#J project arml then in 2011 the C3E for services to Civil
Erwjiftety and Emtimmient.
Pnrf. Niloy Sh
Professor Mlay He•d of Departrnwrt of thewThcal
E￿IrteenThj and Di￿lor of tho for Proctss Sy$ten
ETrJine8rirq at knpen* CollwJe Londofk H8 has co￿h0￿￿ 0¥8r
200 ttthrical papas Dn ￿eryy syst￿$ moddliry engIn￿ng.
bS0-erwy syst•m5. hYd￿gen irrfrdslnJCtu￿$, suppty cha
Moéel￿ng, prvc85s Oplirnis*￿Jn, b￿cl￿rniCat PfDcess desrgn,.aThJ
plart safety. He has developed on optsmisation4)ased de&ign
Met￿)dO￿)gYfly8v￿¢ty of wy syst￿￿$ ￿th St￿￿9 spatk￿.8nd
lemporal aspects.
ay ￿ reCeN￿ a Nmbef of aAFrds irthing the Junlor
)￿lOn M&181 (1936). ￿ RAEngl￿1 EnginBwrng FellO￿hIp1l997-
2C¥J1). t1* RO￿ Society of Clvn¢slry Bwlby aThJ F>rf
120051. knpwial College Rectorfs Award for Research
Excdl8n¢e 121JA), RAErg AlacRobert AvMd (20071 ￿ knperi81
Co118ge Erwal￿￿n9 TeaclM"rva Excell￿ce Awa￿1 12Cthk Ho Va5
Ar￿￿ the (£E lor ser¥ic8s lo decarboThsin9 tho ecoromy in
Barbw•Ryan 8*barn J. RY￿ w•5 the. S￿rts1at Dir8ctor of th8
rtttgovemm•rt￿ Grow> on E•th ¢J)swvations (GEO) kn ￿e¥s.
P￿8

the ecological sequestration trust
Trustees report (incorpordtsng a Directo￿ report)
forlhe
arended 31 March 2025
S￿￿arNI to 2018. GEO is comprised uf nearfy 100 Mwnber
States, the European Commlssion. ar￿ W I￿tema￿on￿ 5¢bentir
ar•J toemie￿ partn* oNJanLzations.
Lknder Bartjara's le*J￿h[p. mlttkjns of sat￿￿e Images and other
e*th obseNaVDn data have been made available to the general
pubknc ai rK) ch4e. seleniisls, plarmrs policy makws
lo m9k¢ b$tt8r4nfonn&J deusions on pffjbJ8ms that tran5Cond
polilical b0￿darieS. Her *t)rk addresses ciitical Issues lft
agrieLdture, biodiversity. clirna1ech￿O. disaster planr¥ng. &ryeruy.
heallh wvj watw.
Since becomirKJ Director of GEO in a112, 8artJ8ra has vnrf(ed b.
knt8grte earth ob5ery*ion systems from 8JDthI the into
SI￿1e, comprehensNe sy3tem lh* uses co￿rdInal8￿ data l)
￿)W environm￿tal factors smpact ￿rnan Irf•.
Robon Stott
Rob￿ Slott is a ret"*r&l consul&Mt physici￿ lifètime Inte￿St in
d￿￿Pirvj nY)rt SO¢taWy arKI ￿0￿>Micalty eq￿1 societies, t•thich
created *ithin enwronmurtal bmits. are optimal precur50TrTor
good health.
ajdition to ￿JoYI￿J Ixs ￿leS as father glar￿SlatIV. Robin
ffe11s￿$ exwcis< *lich he sees as a m•Jic bullel in the pwentlDn
of r￿n￿COMMUr0c*)1e disease. He wns. cycks J¥J prnctise¥ tal chl
gul•ty. Is a 8Strommw.
Page 9

the ecological sequestration trust
Trustees report (incorporatlng a Dlreclorn report)
forthe
ear ended 31 Mar¢h.2025
Flnanclal ro¥l•w
Total income
Total income forthe pwiod wnouftled to È120.2CI 12024: £125.4751. This decrease in ￿VenUe
is attribthed to a deC￿aSed don8tion recthveJJ f rom ourtrading *m Resit￿nce Brokers.
Total expwidllu
Total expenditwe for ￿0￿n1•Y to £2,137 {21)24..
Oflh¢ lotstexpendilurE off2,137. ￿ (£1.2011 w•5..sperfori Chafirab￿ a￿¥￿185 aml pnimr¥tr
the (Jwrfty. kn 2024, of the iotsl exptyKlilure of Q504., .70%'1£1.7541 was spent on Gtrthniable
aclfvities ￿ proll￿tir￿J [￿ty. Th• Epmainiry 5rA12024: 30%) was sperrt on govemance.
The cl￿ gernrated a net swplus foitr*yew of £118.06312024: net £123.971) *thi¢h
resulted in a cb)sing w￿3t￿e￿ funds baarKe of wabve £442,ILTh) 12024.. rejatlve
£560,163).
Reserv•s ptsli6y And gorng concwn
The Ecokngicd SeqUtrstrnl￿n Trust aim5 to acFMevè a levd of UThB5tricted reseNE5 Ihal VAII allow
It sufficient stabilily to plan aheal for lulwe ¥entwes. *thi15t krnv*ing that il can ¢onllrbve its
operaliorts and meet comfflffments in the of ￿ walp￿*￿] SI￿011 in irtome.
We continue wth our long4enn partr￿$11"p vthlh a Dutch cornp*ry, Tntst 2 Imp&t, *h¢ch stores
the wnbilions of IheTnLst and is pulbrrtj subs￿11￿ in4ind elfort into mldliplg bids lryl￿Jry fof
projertsin Kenya. ofvthich sevwal have beeft successf ul. These pmiects, and thefunding Tri5￿.
ill fund agreed by Resilience on new data moddlinu and pnvision cl
ollabor*ion pletforms. Agre￿entS are in place forthis w)￿. Resilience 8f0k￿ •? beiTrJ
approacl*d for similar support on UK basa1 pro9wmes.
tt is Trustees, Intent￿n to ¢nsure that nEW prniecls a￿ uThjertak￿ only the￿ ts
sufficiorf specificattdiiicffla avai10bleto c0vw￿l&l￿ costs. Future Income is anticlpat8J
frnm Ihe ongoiTrJ support of Professcy as TAWII as donatK•rts from ourtr*lSr4J ami
RaSilie￿e Brokets.
The Trt￿l has walive raswves **t*h hwe been fundeA by a k)￿froM p￿lesSo1￿￿
Mrs Head, detals Df Mlx'ch we gIV￿1n nole 13 lo the accounts. ￿ loan capitsl is repayablè by
agreernent &iher in full orp8rt subject to the Trust ￿VIrO sufficient funding to do so. Wrthout tte
support of Ilys 108n it is dothtful that the Trust coUd Cominue oparating. Th8 Irustee5 have
corrfirmationfrom Pyofessorond Ihal tlw wll ￿￿lI¥Je io Bupport thoTnJst *d wll ntst
rwulre th& r8p8ymeN of tl* thEil iurnjing dlows.
respon¥lbilitses
Th* Trust¢es, th arp th8 of the cornpanyforthe purposes of compwy law, arp
rnsponsible for pw¥rir@ the Arwl Report w¥J the FInar¢I￿ Statements in accort8nce v*lh
applicab￿ and Wed Krydorn Accountiry Slandarfs (United Kingdom Genwally Accepbj
Accounting Pwticel. Company law reouirES thè Board of DireCto￿rr￿tee5 to prepafy fiftanclal
$18ietRetlts for ¢a¢h fInJ￿ial period.thal give 8 far ¥1￿ of the.slate of"•lfairs of the
.tyTtabl8"Compgny as * tt% b*èrtt sheet date, ard of its InGorn*s rB50uicég 8nd appucatlon
of rBsourcos. Including arnl expenditure. for the fir￿￿tal p•lod. kn preparfng
fifianci￿ ststemprts. the Bowd of DI￿torS￿Oj5lees a￿ to..
• se{￿t suitable a¢¢owrtv¥J proc*lwEs ￿d appty thun consisknlty,
• obserye the mettrK*ds IIHt ?SB reasonable aTrJ pl￿Jent,
. stste *th&her applieable UK XCOLmlir4T $taFKlwds aTrJ Stalern￿ of fpcornmerKled pr¥ctic8
have been srtiiect to ffj rnaleri￿ dep￿tU￿ disclL)58J lulty explaned in the
fina￿1￿ statements. and
. prepare fi￿￿al stal¥Trwts on the 'goiry cOr￿arn. bas￿ unl8SS it i¥ Ir*p￿pA#Ie b
that ¢lwfty wll conbnue in opwaion.
Pag& 10

the ecological sequestration trust
Trustees report (incorporating a Directors report)
forthè èarended 31 Ma￿h 2025
The Boaft1 of DitectorslTrttstee5 a￿ won5th18formirth"r¥r4J proP￿￿COUntrft9 recorfs thal
disclosevith reasonable accuwacy al ary time fI￿claI posilion of the Chwbtsble Company,
d erAble them to er￿u￿ firweial $tatgnerts ¢omply the Companies Act 2006. The
Board of 01￿Ctors￿￿￿steeS we oL%o resporn8￿￿ forsaleguwdiryJ the assets ol the tha￿table
Comp*ry and hence for taking reasonable steps to and other I￿eg￿an1ie￿.
accord8r£e *ith company law. tr* thmp8rty's TDJslees and Dlrttots 7Atho held
offi￿al the date of the approval of ttris Tntstees, R¥Jort certrfy that as DirectOF5 of th• Chèntable
CKJrnp￿ h￿e laken all the stepsthat oughito have tak￿ in orderlo make thwns8lvg5
avrèrE of any ￿le¥￿t inforrnation.
Trms ￿pOrt is pwlwed in T￿ordanCe ¥Ath the 8ccO￿lIvj policies sel out on p#g•s 15.16 and 17
oftho *tpKhed finrtial sfatements and complywith ￿ chwftable CQTnpany'smemoraThJum and
art￿leS of association. applicable I￿S ￿Ulrern￿ of the Stalem¢nt of Recornm￿d￿J
Pmctice applicable lo chatities prepwiry fLiwnck81 statements in aCco￿ar￿e vrith the
Fln8neSal RePO￿r￿j Stsndwd applic¥Jle in the UK and Republi¢ of IrelaiKI IFRS 1021.
Thls rnport wa$ appoved by of Trttstèts Bnd s(gr*d on thdrbehaif by:
Pft>f&sor Peter
Comp¥ny Diwvctorlchair of TA￿l￿e5
Dkn 15 September 2025

the ecological sequestration trust
Statement of financial activitles (incorporating an income and
expenditure account)
forlhe
ear ended 31 March 2025
P•4Acl&d Lknrn*lcl•d
fvThJs
fvnts
Tcal
nds
nds
Incomlry r•gX4tte5
IX),3X)
1￿.2())
1*475
Tdal incun1￿ lE￿j[ceS
1ZJ.X¥J
1XJ,3XI
126,475
Exp•nd1￿f•
ritable actNt
(1.2011
(1.Z)11
11.754)
ITS))
2.13n-
(2, 13n
Nd in Lew¥J
inc4Jnd I￿￿￿'tur8) kYth8 y
118.￿3
118,t63
121971
Tdal fvn(k tdTh¥ht fl3￿¥￿d
Fund balaffe at 31 Il•reh
I￿.16•
(W1831
IW. 1341
Thwe ￿l9￿se￿J or losses lh￿ Imse slai•d *ov#.
The notss on p¥Jes 75 to 22 fomi pwt of accounis.
AH rnlat? to coftlinulrvJ oper?￿n&.
Page 12

the ecological sequestration trust
Balance Sheet
as at 31 March 2025
Com
an
No. 07611969
Cash in Iwk in h•¥1
501
502
9.S17
CF•ditorn' •mounts f•lllng du• T￿1Th 1 y••r
Trado and other pyatles
1310.13n p37.185)
{132.0001 (132.0001 .
(442.137) {469.1851
10
Ngt liabliti8s
4Y2.620
468.683
.Tiilzl 4ss•ts I•s5 currnrt k*Jlts"os
14316201 {468.683}
Cf8ditfy￿ hlliug du• In morn Ihan 1 yw .
Loans payatl6
11
19.4801
(91,4801
Total net lknbllhlv
2.100
(560.1631
Resknct•d
Unie*ncted fvnts
'(4421001 (560.163)
Tqrtal
.(4411001 (560.163
These financid statements have been preparpd in accord￿¢& *ith thè provislons applicable to
ci>mpanies SLbject lo the sman wmp•d•5' ryim
For ti* year 31 March 202S ￿ COMp￿Y ertltle41 to exemptlon from wjdii under
section 47T of the Comp￿leS Act Acfl relathw to small eomparries.
Dirncto￿. rnspon5*Iiliéres."
. The mgmbws hav? not rvqulrwj th• cornpany lo obtwn w a￿11 of its accounts forthe year In
qE￿lIOn kn accowdance wilh section 476 of Ihe Act.,
• Thtr dirttors *knowledge t￿11 Tesportsibitities forcomplyiThJ with of the AeA
¥4ith fe5pect lo ¥c￿Urrt1￿9 rewrds the prep**ion of accounts.
The flnarKlal statements *Wo epprov•d •r*l •Jlhorfsed by 6￿¢J.
Sign•J on beh81f of the Boanj of T￿￿188&..
fRPJ
Proltssor Peter
Company Dirnctorl of TnBtees
0*.. 15 Sept&nb•r 2025
Pggg 13

the ecological sequestration trust
Statement of cash flows
forthe
ear ended 3.1 March 2022
The r•Jtes on pages 15 to 21 fomi ￿ lrtegrnl part of these aceourts
20
Ca* ¢)pernYng acfjTAles
12
{1101
NEt (decrnas•ylttGrea* In cash and ¢•th •qulval•nts
(110)
Cath and equlvalentsal the ylart af perfod
611
Cath and ¢ath ￿Valents at the end of

the ecological sequestration trust
Notes to the financlal statements
forthe
ear ended 31 March 2025
Ae¢wnting pollcl•6
The prfnerpal ace¢unknng policie5 &Jopted in the prepa￿l￿n of tl*se fInar￿1¥ statemenls are spt o
bek)w.
1.1 Basls of proparatlon
The finenrAal statements have been pryiwpd uThJer the lystorical cost conV*mt￿)ft accordpAr
ilh UK Generalty Accepted Accowting Pwlicc. tts CXIMpan￿ Act 2(lJ6 arKI Tr FinarKiaS Reporting
standaTd applicable in the LK and Republ¢ of I"FRS 1￿ and 'Aectsunting and Reporting by
Ch•ftl6s.' Statem￿1 of Recommw*•)J Prath"c*- applicable to thwitles apptythg FRS102 fsoRP"I.
Tr* Ecological Sequestr*ion Trust meets the deftnrtior*of a publK benefrt entity urNJer FRS102. Assets
a￿* liabilities alp initi￿ty recognised * lu"$tori￿ costor transxiion value unless olheThsi58 Stated in th•
evant accounts'ng policy note($
1.2 Preparallon ol a¢¢ouThts on * 9olng eancem basls
Th• trustee3 have cordi￿ation Irom Professr*w¥J Mr5 Hèad that IW *iil contTrn￿ to support Ihe Tnjst
and Vlill not requirn tho repayment of loan urtil ftmdiThJ alk)￿. The trLk%iees are of the view thal Ihis
ongoing support by Pmfessor and Head as TA￿1 0$ pro$pectiv*lundirvJ sources have secured tl
immediate fLrtU￿ of the Trust fortt* nt¥t 12 to 18 months ar*1 thal on tINs basis the assesSrn￿t of lh&
tNstees 1$ that th8 chwity is a gory ¢oncenk
1.3 In¢om• rB¢ognltlon
omo from cha11t￿* ￿l¥ll1e8." ￿orne is rt¢ooiys•J overthe pe￿￿ that thè s￿lee 15 provided:
vO￿nI￿ iwjmo: Patron wwj doTh)r income is recogr•sed the iru>me is recei¥•J ..
Granis receIV￿ forspwific pU￿ose$ ar• allocaw agartst the exp¥Mlltwe to tlw relate *l¢Nn
re51ricted furyjs.
hv8Stmfjrt Inrom•: knv8Stmant Irwmo rrfogni$&1 brthme 15
Transactions in fowgn CLxYenoes are initialty at raies ol exchxge PWEvailiNJ on the dates
of the tr*actions. Monètary assets li*)ilbties dw¥)mirTrated in such ar? retrydnslated at
tha rntas pravdllng on dat& P￿1￿8 and b)$88s wsing on ￿Ch￿96 ¥e Induded In
tho nat profit or kiss for the yt*.
1.5 Taxath)n
Th¢ Mmp3ty 1$ ¢onsKlor8d to pass thetesls set oul in P••Jr8ph 1 Sthed￿e 6 of the Flnance Act 2010
and thereforn bt meets tr* defir¥tion of a chaNtable company for UK cowporation tax purposes.
Accordir#Jly. fv compaby Is r#)t liable to ivKome tax or ¢orpor*ion I&K d•lved froffl its charitab
actNittes.
1.6 Grants payabl•
Grants p8yablernpwent ￿0￿1$ bythe Ch￿tY during yearforclwriable purposgs. Grants
payabtè •B urwjw credilorn in the balance sheet represent tts full liability to pwy granis l)
ipients ovw full dU￿tIOn of th&r (esewch pffjjecls. grants a￿ recogni8ed as bwng pay8bl
ortc8 the rEcipient has met the cor￿l￿Or& forreceipt and the gMt has been minufed at the tN$t¢es'
methrvJ.
Pag• 15

the ecological sequestration trust
Notes to the financial statements
forthe
arended 31 March 2025
1.7 Flxed assets and deproelauon
Assèts a￿ i￿lU￿￿￿ at cost ￿ ae Capit￿ls￿ cost exC￿S t￿. Depreciaiion i¥ providgj
ox all tangible fixed 8$$et8 in w8e at rtes cakLAateJ to ￿te off ￿ cost or v&Wion. i•ss estim
residu￿ vatue. of each asset over its expected ￿elL￿ life. as follovffj..
Computei •q￿pM•￿- o¥w 3 y
l.a Expend1￿1*
An expendiliH¥ is 4¢countgd for on an a¢cruals b3si5 arKI ha5 been clas$rf¢ed undw headirHJs th¥1
Jgregate al cosis rElat8d to th8 category. Qw"table expe￿Illula include5 all &xpenditure direct
rdating to the Obl￿t$ ol tha Cl)arft&1￿ Company. prtmar¥ly sub-granl expenditu￿, and is allocaled on
actual cosl basi8. Goveffwlce costs are Ihose costs lorif￿ Cornpli￿e vlth constitutiona
statLrt(>ry rnqultyn￿l$. ￿lOcat￿l on ￿ actual ¢ost ba515.
Support costs are thjse functbjns Ihat assist the V￿￿k ol Ihè chty but do not directly undertak8
chathiable acts'vities.SwJportGosts includtbxkofficec051&fnancear#J govemartecosts￿ich support
thg Tntsts Activilies. The ba585 on %%thich support costs hJve bew allo&71￿ we set Qui nolg 5.
1.9 In¥¢th*nts
Investrnents held as fixèj a55ets am sIK>WTr at cost less provrsion for imp*Tment
1.10 Debtors
Tr8de 8nd othBr debtorn I￿ recogThs&J at sett$eMw￿ altw any tr•Je dlscourt Offe￿1.
PrepaYM￿tS arg valv8d at the prepaid. netof any tTrde discoLWrts du& AccA￿l Imjmeoftd tsx
Tecovwabk Is induded al tr* besl eslinate ol the amounts rec&v*te at Ihe bdan¢e str*et date.
1.11 C•¥h al b•nk and in hand
ash at bank aNI in h￿rt includes cash s￿rt twm hrghly Ihiuid investnRnts with a shgrt matutfjly of
three months or less from the date of xquisition or opwry of dèp051t or similar account.
1.12 Creditois
C￿1110￿ a￿ rwni5ed 7Afi¢ro ts ch•ity has a prns•it oblig•lkni￿￿RN*. f￿rn a pa51'*wrt thl w]H
pmbBbly resullln tr3n5fw of lunds to a tlwftl p*ty.•rKI the pJnoL¥rt lo:$ptIletl￿ ob￿9•¢i0n.C0nts.e
Measu￿ or ￿tIMated rdiably. Creditors aTrJ pro¥isioAs are mcoynised at their settlemenl
amount after allo￿n9 for any twle discounts due.
Prnvisions are r￿asured at the best eth"m8te of t￿ *nO￿ts w￿red ts settl¢ oblhJ*lon.
1.13 FIn￿da1 instrumènty
Financi￿ assots and liabil*r5 aTB [￿OgI¥seAj tt* clty b￿oMe1 a P4Tty to the contraotual
provisio￿ of InSttL￿. AH finwKial a5sels WKI liabilties arB m￿SUrE￿ at I￿￿a￿lOn price
linclUdw￿ transaction costs).
chaiity h85 finwal assets Ilabffttles of a kind ttwt q￿tIlY 0$ basic fl￿￿￿[81
inBtmments. Basic fin￿1* instnjmenls iTrtiaUy r￿ognIS￿ al Iransaction v*ue and subs•quentty
mèasurnd at I￿*r SI￿￿￿ent vak*.
1.14 Unr•stricl•d Funds
Untpslricted funds are f￿￿S walabte fDr use in accory1￿ TAilh th• th•lta>le oblFcliv¢s.
P8gg 16

the ecological sequestration trust
Notss to the financial statements
forthe
ar ended 31 March 2025
1.15
Critical aecountinq e*lmate# afid artas oljvdgernent
the apph"cafion of the clwty's ￿count[r￿j poltctes. the fnxtees arB ￿￿Ted to m*p jwJg¢ments.
estimates and assumptions about the cary￿g amount of asseis and liabilities that are not readlly
apparant other sources. The estimattss ￿ associated assLmpliorts a￿ based on historicd
experi#￿ and other factor5 thai we cortsider&J to be Telev￿1. Aclu81 results may drfI&f￿M thes•
Tho estimates and undertying assumptions *¥ Ftrvi¢*d on an ongtsing basis. Revisions to accountirg
estinates arè recognised ui the p•iod in thB estirnate 1$ wised. rf the revksion affecis only that
pviod. or in the pwiod of the wision *ttl fvtwe p&iods rf the rnvi5ion af1￿ts both currerrt and futUFB
periods.
critKal &countiTrJ estimetes to dedare.
D•tsfi8d c¢¥npwaives for the slat•m•nt of fin￿¢1•1 Klivldes
P**ldÈd Unwg*lcted
funds
fund$ Tol•l fvnds
Incornlng re*ms
126,475
126.475
Tolal kn¢O￿Ag r850ufe8s
128.475
126,475
ExpendltrJr* on
C*aiitoWe act￿leS
Goswnanro costs
(1.751)
P.S)4)
(expjndlurn) thx tl* y•or
123,971
123.971
TtX81 fvr•J$ kwDU￿t fomwd
1684.134) 1684.134>
FuThl balance at 31 March
69).163
P8ge 17

the ecological sequestration trust
Notes to the financial statements
forthe
ar ended 31 Mard) 2025
R•#our￿$ expended ~ Charflable a¢tlvlll•s
OlreL1 co
Support
Total
Grdnts a*ar￿1
InSura￿e$
Comput•r eX￿r
¢)thtr c(sts
1.128
1,128
73
1.128
1,3J1
2tr24
Support
Dlre¢¢cgsts
To¢al
GRrts
In511rarte5
$1
Cr*nput8r expenses
oth￿ dfice cc£t5
{e8T)
25
750
tl8t In¢ornln9 resourc•sl(r4sourc•¥ exP￿ded)
This 13 slalaj afttr c￿1￿.
2D25
LWeei8t*Jn oftsThJible fixed 85S•ts by IM T￿t
750
P￿16

the ecological sequestration trust
Notes to the financial ststements
for the
ear ended 31 March 2025
2025
2024
Full time •Juswl¢nt emFd
26
At 1 Wil 2￿23
At 31 Marth 2ff24
Not book ￿1￿•
At 1 2023
At 31 ma￿ 2024
Subsfdl4ry undert*ngs
The follo￿￿j Subskli￿ ￿l￿￿kIl4$ of Iho ￿Mp￿-.
Plam•
Class ofthaT05
Hvldirvj
Re51kwce 8rc*w5
Sundry
9,250
Cr•dltOff&' falllng du• Twlthln 1 ywr
2024
73.425
AC¢n￿lS
188.647
201.698
45,(W 59.C
310.137
337,185
othw ¢￿dito￿
Total
10. Pro¥lslons
P￿19

the ecological sequestration trust
Notes to the financial ststements
forlhe
ar ended 31 Marth 2025
2025
2024
Prni$icfft tr grants
131OCiI
132.LKQ
11.
am<wnts tslllng In move 1kn￿ l >*
JJ25
LI?￿
91.480
11 R•condllatlon of n•1 I￿￿nd1￿1•y1tte¢ffi? ts n•1 ¢ash flow trom opvallng •cllvlO
2025
Net (*xpen¢S1fft) kny
Dwecial￿n imparnent oflangi4e Ixed ass
118.
123.071
{Decfea$eyinGr&*e in crn*to
Ioecrease
inr¥ease in108ns payable
Net cash low from owabn
ti¥li*s
(27,048)
,000
IYJ5)
1ffi.081)
59,000).
{110)
12. Trvjtre remun•rallo
No trustees receiv￿ norwaivwj ffjmwwatlon or expert5es dutlrvj the year (2tr24'. th111.
No Iruste&s rec￿ed any rwmbwsement for Exp•ises Incuffed durirvj the year12trL4.. £Nil
13. Relaled party transartlt)n$
NAMÈ ol r•l#trd Rola15wthlp tr• DexrtplloD 011
th• TNSI
1C#YA 8thid•y l>owdto
188.647 201,69B
Prol&gw P Held •nd Hoad
(k•atityb rec4l*J
n.750 08,020
1>4*d to Prnf+knVS 54,480 150.480
P8g8 20

the ecological sequestration trust
Notes to the financial statsments
forthe
ear ended 31 March 2025
Profe550rP Head is thè fjoimian ol Ihe Tntst. At the yw èFkl. the thrity had loans outslandirva to
f*5sorP 14ead and Mrs S HeaJ totalling £54.4WJ12024.. £1gJ.4801 of ¥*hich £45,C(JO is CLI￿Ent12024.
£59.0￿1
The ban capit814s wayable by a3reemert wlher in ful or part subject to ￿ TnBt having Sufflcityt
fwiding lo do so.
14a. MO¥￿•￿ts In fundj (Gufftnt y•ar
At 1 April
)24
In￿￿￿e EXpnd1￿ffe At 31 March
&gains
2025
fteslilcted ￿ndS
(WJ.1831
IXl.2fy)
12,13n
(442.lC￿)
Totsl l¥r41$
1560.1631
120,20D
P.1371
{H2,1W.
In f4Jnds (￿10r y•¥1
At 1
InwTr• E¥p•nditiK• At 31 March
& ga•ns
& l¢)ws
2024
ilJ4.134)
126.475
.504)
(580,183)
Talal funth
. (ffjB4.134)
128.475