GREEN BRITAIN FOUNDATION FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2025 Company No. 08121843 Charity No. 1148783 nnrru n RITAIN 4 FOUNDATION
GREEN BRITAIN FOUNDATION INDEX TO FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Contents Page No. Reference & Administrative Information Report of the Board of Trustees 21019 Independent Auditorfs Report 20to23 Statement of Financial Activities 24 Balance Sheet 25 Cash Flow Statement 26 Notes lo the Financial Statements 27to38
GREEN BRITAIN FOUNDATION REFERENCE AND ADMINISTRATIVE INFORMATION YEAR ENDED 30 APRIL 2025 Charity name Green Britain Foundation Registered charity number 1148783 Company number 08121843 Reglstered address Lion House Rowcroft Stroud Gloucestershire GL5 3BY Website www. reenbritainfoundation.co.uk Telephone Number 07803 124541 Contact Helen Taylor 1helen.taylor@ecotricity.co.ukl Directors l Trustees Dale Vince OBE Dahlia Nahome Helen Taylor Senior Management Team Helen Taylor- Head of the Green Britain Foundation Independent Auditor Burton Sweet Limited The Clock Tower, Farleigh Court Old Weston Road, Flax Bourton, Bristol BS48 1 UR Solicitors TLT LLP 1 Redcliffe Street Bristol BS1 6TP Bankers HSBC Bank PLC 3 Rivergate Temple Quay Bristol BS1 6ER
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 The trustees present their annual report and financial statements for the year ended 30 April 2025, which also comprises of the Directors, Report required by the Companies Act 2006. Reference and administrative infomiation, as set out on page one, form part of this report. The financial staternents comply with current statutory requirements, the Memorandum and Articles of Association and the Statement of Recommended Practice Accounting and Reporting by Charities IFRS1021. Structure, Governance and Management The Green Britain Foundation is a company limited by guarantee, registered under the Companies Act. It is governed by its Memorandum and Articles of Associalion dated 12 August 2019, as amended 29 March 2022. and is registered with the Charity Commission (registered number= 11487831 from 31 August 2012. Date of incorporation was the 27 June 2012. In the event of the company being wound up, the member is required to contribute an amount not exceeding £1. By operation of law. all trustees are directors under the Companies Act 2006 and all directors are trustees under Charities legislation and have responsibilities. as such, under both company and charity legislalion. The trustees are all individuals. The charity is a charitable company and follows the legislation pertaining to both. Appointment of trustees and key management personnel As set out in the Articles of Associalion, Irustees are invited lo join Ihe board. The truslees who served in the reporting period were Dale Vince, Helen Taylor and Dahlia Nahome, with no changes during the year, or in the period between the year-end and the approval of the accounts. The governing document allows for a minimum of three trustees and there are currently three. In appointing trustees and key personnel, the charity follows the Charity Commission guidelines and specifically.. Identifies the need Agrees the skills and experiences we require and create a person and role specification Agrees an open process of recruitment Ensures that the charity opens the opportunity to a diverse range of candidates Interviews against the criteria the charity has identified, in a fair and objective manner Inviles preferred candidates to join subject lo references Obtains written confirmation that candidates are eligible in law to be trustees Asks candidates to declare conflicts of interest If to be a renumeraled role and in-line with 4.4 of the Articles of Association, competitive rates within the charity sector will be paid, reflecting the nature and complexity of the role and Gonsislent with the charity's charitable objectives and what we can afford.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Formalises the appointment in line with the charity's governing document The Ghair writes to candidates setting out their duties and responsibilities as trustees and directors or delegates this to the General Manager A formal induction process is undertaken Trustees are formally welcomed to Ihe board The decision is ratified at the next AGM At the Annual General Meeting one third of the trustees retire by rotation but are eligible for reappointmenl. Dale Vince retires as a truslee at the next Annual General Meeting but is eligible for reappointment after 12 months. Organisation The board of trustees, which shall include no less than three members, administers the charity. The trustee board comprises of three trustees. The Charity comprises the wholly owned subsidiary, FGR Community, delivering outreach programmes aligned to the football club, Forest Green Rovers FC, in accordance with the Articles ofAssociation. The FGR Community board comprises two directors.. one independenl director and one representing Forest Green Rovers FC. The board meet at least three times a year, with separate sub-committees responsible for operations, human resour$, finance, governance and outreach updates. A Head of FGR Community, as appointed by the trustees, manages the day-to-day operations of FGR Community. A Head of the Green Britain Foundation is appointed by the trustees to run the day-to-day operations of the Green Britain Foundation, as a whole. Risk management The trustees are aware thal a key risk is the safeguarding of children and adults. including GDPR measures, that are particularly relevant to FGR Communily s programme delivery wilhin the community. A safeguarding culture has been instilled Ihroughoul the organisation from top to bottom, with stringent processes and training in place. staff and volunleers understand Ihe importance of safeguarding and Ihe appropriale action Ihat is required lo ensure FGR Community provides a safe environment for ils service users. FGR Community has a Designated Safeguarding offir, as well as a further support, in the form of a Safeguarding Forum managed by Forest Green Rovers Football Club with a designaled Safeguarding lead on the Board of Directors of FGR Community. The finances ofthe Green Britain Foundation are monitored closely by the Head ofthe Green Britain Foundation and reviewed in accordance with the charity's reseNes policy. Objects and activities of the charity The purpose of the charity is as set out in its governing document.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 The charity's objecls are for the benefit of the public generally, both in the United Kingdorn and overseas.. a} To promote, for the benefit of the public, the protection and improvement of the physical and natural environment b} To promote community participation in healthy recreation by providing facilities for the playing of association football and other sports capable of improving health cl To provide, and assist in providing, facilities for sport recreation or other leisure time occupation of such persons who have need for such facilities by reason of their youth, age, infirmity or disablement, poverty, or social and economic circumstances, or for the public at large in the interests of social welfare and with the object of improving their conditions of life d} To promote, for the benefit of the public, the protection and improvement of the physical and natural environment by providing facilities and activities in an environmentally friendly way and which demonstrates the benefits of the physical and natural environment e} To advance the education of children and young people through such means as the trustees think fit, in accordance with the law of charity and in particular in relation to the protection of the physical and nalural environment. The main activities undertaken in relation to these purposes during the year The Green Britain Foundation exists to encourage and empower people to live more sustainably and reduce their personal carbon footprint. The charity's work focuses on the three areas of life that together account for around 80 % of individual and organisational carbon emissions.. Energy, Transport, and Food - how we power ourselves, how we travel, and what we eat. The fourth pillar is making room for Nature. Through the charity's programmes, data, insights, and information, it enables the changes needed to create a truly green Britain. It also harnesses the power of football and other outreach activities to improve lives through participation in sport and education. The key programmes of activity for this reporting period have been- Empowering People and Communities Land and Sea Stewardship Policy, Campaigns and Advocacy Grants and Donations 1. Empowering People and Communities Environmental Education Delivered through the charity s Ministry of Eco Education. this unique programme engages young people in the solutions for a greener Britain. li provides environmentally focused leaching resour$ that can be seamlessly integrated inlo existing primary and secondary school curricula, helping teachers embed sustainability across subjects.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Sport, Community Engagement and Sustainability FGR Community, the wholly owned subsidiary of the Green Britain Foundation (also known as 'the Trusl,), uses the power of sport to inspire sustsinable living and improve wellbeing. By engaging people of all ages and abilities in sport and physical recreation, the Trust promotes healthy lifestyles, encourages personal responsibility for physical and mental wellbeing, and fosters community connection. Through football and related outreach, the team motivate and educate participants to consider their impact on the environment and their wider communities - helping people fulfil their potential while contributing to a greener future. 2. Land and Sea Stewardship Marine Conservation Through the lease of the Austal 16 Patrol vessel Nemesis {originally buill for NSW Police in 2000) to the Captain Paul Watson Foundation UK {charity no. 11105011, the charity has supported the protection of marine life and the enhancement of ocean biodiversity. Rewilding Focus has been on restoring land in Wales. Gloucestershire, Devon, and Sussex to create thriving woodland, river, and meadow habitats. These projects bring nature back to life, foster biodiversity, and engage local communities through storytelling, volunleering, and education. 3. Policy, Campaigns and Advocacy The charily has commissioned research and reports to provide eViden-baSed insighls and practical solutions for sustainable living - from grassroots inilialives to wider policy influence helping to shape a more environmentally responsible Britain. 4. Grants and Donatlons Providing grants to projecls and initiatives thal reduce environmental harm and promole positive, sustainable practices. These investments are aimed to support the charity's vision of a greener Britain. The above programmes have been delivered while ensuring that the Foundation's operations are run efficiently and effectively. The Board of Trustees remains satisfied thal the activilies of the Green Britain Foundation and its wholly owned subsidiary, FGR Community conlinue to meet the Charity Commission's public benefit requiremenls. The Board extends its gratitude to Ecotricity Group Limited for the significant unrestricted funds gifted to the charity in April 2022, which have supported most of the Foundalion's charitable activities this year. FGR Community has also successfully continued to secure a range of funding bids and partnerships.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Further information on our achievements and performance is sel out in the following section of this report. Key Developments and Achievements The following developments and achievements have been delivered over the course of this financial year.. 1. Empowering People and Communities al Environmental Education- the Ministry of Eco Education The Ministry of Eco Education helps teachers embed sustainability across the curriculum using free, curated resources and learning journeys. Guided by big questions and expert insights, it empowers schools to inspire the next generation for a greener Britain. £193.610 was allocated to these activities for the 2024-25, with an additional £22,196 funding committed to Ihe end oflhe academic {end August 20251 for contracted stsff and to cover the costs of the Celebratory event for teachers. Thanks also go to TLT LLP for their generous donalion of £5.000 towards this programme. Background Founded in 2021, the Ministry of Eco Education {MEE) supports schools across the UK to green the curriculum and inspire studenls to engage with a sustainable fulure. Led by Paul Turner, MEE has developed a free, cross<urricular eco curriculum, building on early innovations at Minchinhampton Primary Academy. After a successful pilot with 15 schools in 2021-2022, the programme expanded regionally, now supported by coordinators across the country. The team has curated resources from over 200 organisations, Greating a unified framework that saves teachers time while embedding sustainability across all subjects. MEE'S learning journeys cover seven key environmental themes-Energy, Transport, Food, Nature, Waste, Water, and Society- guided by big questions that spark curiosity and action. At its core, MEE is committed to giving all teachers free access to high-quality sustainability education that empowers students to build a greener future. Despite being a small team of just four part-time staff. MEE continued lo deliver transformative national impact across schools, educators, and communities through its innovative environmental education and collaborative activities in this reporting period.. Supported 68 Learning Journeys, helping schools embed sustainability into their curriculum and connect classroom learning with real-world ecological challenges and opportunities.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Wove together over 400 organisational resources and opportunilies, creating a powerful, interconnected ecosystem of partners that strengthened national collaboration in sustainability education. Trained more than 3.000 teachers in person through regional workshops and conferences, building practical confidence and capacity for climate and nature- focused teaching. Delivered online training to over 5,000 teachers, making professional learning on eco education accessible to educators across the country regardless of location. Enabled 9,000 people to access regional support documents, ensuring schools had tailored guidance aligned with their local environmental context. Provided 1.1 planning support to 65 teachers, offering personalised mentoring to help educators design and implement impacfful sustainability initiatives in their schools. DeliveTed 21 in-person and 15 online events, bringing together educators. environrnental partners, and community leaders lo share best practice. inspire innovation, and scale collective action. Produced 60 hlgh-quallty supportlng vldeos, extending the reach of MEE'S training and reSoUrS and enabling teachers to revisit and share learning materials with colleagues. Reached 5,810 teachers through the MEE website, positioning it as a Irusled national hub for eco education resources, ideas, and community updates Engaged over 9,000 viewers on YouTube, amplifying stories of school impact and showcasing models of effective sustainability education in action. Generated over 2 million interactions across MEE social media channels, raising the national profile of sustainability in education and fostering an active online community of educators and partners. Supported 64 regional Activators working directly with schools, strengthening local networks and ensuring consistent, on-the-ground support for embedding environmental education. Celebrating Success and Building Momentum The Ministry of Eco Education IMEEI Concluded the academic year with a Teacher Celebration, bringing together some ofthe most passionale and dedicated educalors from across the country. It was a moment to pause, reflect. and celebrate the achievements of the diverse community that drives MEE forward. A landmark achievement this year is that every school in the country now has access to MEE'S free resources. enabling teachers to embed the Environmental Educalion
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 framework across all subjects and year groups, weaving sustainability, climate, and nature education seamlessly into their teaching. Online events have proven to be a highly effective and accessible way lo engage teachers, students, and wider communities around key environmental themes. By sharing recordings on YouTube, MEE has extended the reach of these events even further, allowing learning to continue long after the live sessions. Engaging a broader neOrk of activalors, teachers, and partner organisations has built momentum, fostered knowledge-sharing, and generated positive energy across the eco- education sector. This engagement has strengthened both local and national MEE communities, creating a robust support network for educators. Teachers have benefited from practical resources, ready-to-use classroom activities, and innovative ideas, saving time while boosting their confidence and skills in climate and nature education. By combining accessible online content, in-person events, and strong collaborative relationships, MEE has amplified its impact-inspiring students, supporting teachers, and cultivating a growing ecosystem of eco-education initiatives. Future Plans The Ministry of Eco Education's key goals for the coming year are to.. Deepen engagement wlth educators, supporting them lo integrate sustainability more fully into their teaching. Connect Classroom learning with real-world environmental challenges and solutions, including ihe rollout of a 'Meet the Experts, online resource, allowing teachers to bring green skills and real-world insights directly into their classrooms. Share the vision for a Green Britain and advocate for a sustainable future, aligning MEE educational activities with programmes delivered by the Green Britain Foundation. Expand MEE'S facilitation community, growing the network of Activators- including teachers, environmentalists, activists, and businesses-who volunteer to help embed sustainability and increase MEE'S impact. Overall, MEE remains commilted lo empowering young people to take action and become agents of change, supporting enhanced learning through real-world examples, and celebrating the positive impact of sustainability education. bl Sport, Community Engagement and Sustainability FGR Community exists to educate, motivate and inspire through football. Its programmes make a positive impact across Gloucestershire and beyond. During this reporting period, the core team of five, supported by additional part-time and casual staff, achieved..
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Premier League Primary Stars {PLPSI: 492 pupils took part in interactive lessons using football to enhance learning in maths, English, PSHE, and PE, while promoting teamwork and ambition. Funded by the Premier League Charitable Fund1£25,000), the National League1£10,000), and income from charged sessions. Premier League Kicks.. 348 young people joined free football sessions, developing skills, staying active, and accessing positive pathways in safe, supportive environments. Funded by the Premier League Charitable Fund1£35,000). Communily Development: 70 local residents benefited from initiatives including the community café, food pantry, and warm hub, strengthening community connections. Funded through GL11 Community Fund, Build Back Better, Community Wellbeing Grant, NTC, and local donations {£28,400). Soccer Carnps.. Delivered 926 holiday camp places for children aged 5-13, offering fun, confidence-building, and football opportunities during school breaks. Disability Sport: Launched new pan-disability football sessions. engaging 6 young people in inclusive, skill-building activities and social interaction. Cookalongs: 33 participants took part in interactive cooking workshops. learning praclical skills in healthy eating, nutrition. and affordable meal preparation. Ambassadors: 86 young ambassadors represented FGR in schools and communities, spreading club values while gaining life skills. supported by the Fan Engagement Officer. Senior Ambassadors: 4 senior volunteers supported matchday activities and community programmes, mentoring younger ambassadors. Alumni Programme: 6 former ambassadors progressed into the alumni programme, taking on greater volunteering responsibilities and continuing to engage with the Trust. The Trust is grateful to the Premier League Charitable Fund1£22,500 for a Fan Engagement role and £10,000 core funding) and the English Football League (£7,000 core funding, £10,000 Business Grant, £1,750 Smart Meter funding) for enabling these programmes to thrive. The Trust made a single donation of £10.000 during the year, in partnership with co funder Bolt. This contribution supported the redevelopment of the local skalepark and improvements to a nearby walking route, aligning wilh the Foundation's commitment to ommunity support and outreach. Future Plans FGR Community aims to.. Strengthen and implement its new Strategic Plan. setting objectives to enhance act.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Increase fundraising to complement support from the PLCF, National League, and EFL. Expand the pan-disability programme, subject to funding. Enhan the Ambassador Programme to reach more schoolchildren, boosting confidence, wellbeing, and ambition. Grow Soccer Camp delivery through an improved booking system and additional staffing. Maintain high standards of governance through adherence to the Capability Code of Practice, ensuring due diligence in all funding applications. 2. Land and Sea Stewardship al Marine conserrfation During this financial period, the charity's 16-metre Austal patrol vessel, Nemesis (built 2000 for NSW Police), was loaned to the Captain Paul Walson Foundation UK (Charity No. 1110501 } to support marine life protection and promote ocean biodiversity, with the intention of using the vessel on campaigns to intercept whaling operalions in Iceland. Maintenance work was carried out in preparalion- however. the vessel remained berthed in Lowestoft. The lease wilh CPWF UKwas terminaled atthe end of March 2025. allowing the Green Britain Foundation to focus on its own marine conservation programme. Fish Net Zero. for ghost gear retrieval and broader ocean protection initiatives. This has included the purchase of a RIB to operate in the Wesl Coast of Scotland, Banshee and necessary equipmenl to operate. Costs for the year include: £65,313 {Nemesis maintenance costs), £47,911 (purchase of Banshee} and £7,785 lequipmentl. We are also very grateful lo a personal donor who has helped support the purchase of Banshee (£5,000). Initial work achieved, as the charity took back the Nemesis included.. Launching the Fish Net Zero programme. targeting Abandoned, Lost, or Discarded Fishing Gear IALDFG) aimed at conducting multiple ghost gear recovery dives on previously untouched wreck sites and freeing marine wildlife from entanglement on every dive. Beginning io build a committed volunteer team of. including irained divers and operational crew. Deploying two vessels.. Nemesis {offshore. North Seal and purchasing a new RIB Banshee (to operate inshore, Firth of Clyde) lo achieve comprehensive operational coverage. Generating early public interest, with a bespoke videos and estsblishing social media channels Establishing operational readiness, safety protocols, and volunteer training systems. Securing early strateglc partnershlps wilh Raymarine UK. Tecline, and CCL Fleet Managemenl Ltd. Laying the foundations for scalable, sustainable marine conservalion impact. 10
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Future Plans The Fish Net Zero team plan to achieve the following in 2025-26.. Complete 50+ ghost gear recovery dives across wrecks and inshore sites. Expand the volunteer base, particularly divers in northem England. Launch a beach cleaning programme, targeting remote and inaccessible coastal locations using Banshee. Begin seagrass bed research and monitoring to support habitat protection. Produce educational content and outreach materials using footage from dives. Collaborate with other coalitions to improve fishing gear recycling and reuse. Support wider Green Britsin Foundation campaigns with field data, media, and operational eviden. Engage wilh government and NGO stakeholders to tackle ALDFG at a national level. Continue improving operational safely, volunteer training, and mission efficlency. Fish Nel Zero is driving measurable marine conservation, recovering ghost gear, freeing wildlife, and building a scalable volunteer-led programme that advances the Green Britain Foundation's vision for healthier oceans. bl Rewilding During the reporting period, the trustees of the Green Britain Foundation continued to prioritise the management and expansion of the charity's woodland portfolio, with the aim of enhancing biodiversity, supporting natural regeneration, and increasing carbon sequestration. The charity currently manages several key sites.. Cwm Uchaf Mountain, Llanegryn, Wales: 23.33 ha {57.63 acres in two lols), gifted by Ecotricity in 2023-2024. Land near Nympsfield, Gloucestershire: 16.62 ha {41.06 acres). Bowyer's Wood, Sussex: 102.03 ha (251.99 acres in six lots). In September 2024, the charity expanded its portfolio with the purchase of Downicary, Devon111.5 ha, 26.3 acres in four lots) for £280,000, with the objective of creating wetlands, planting native Irees, and sowing meadow seeds under the expert guidance of Derek Gow Consultancy. In January 2025, Chris Perkins was appointed as Land Manager to oversee rewilding and nature recovery programmes. Key actions this year included.. Researching and appointing consultants for the creation of Woodland Management Plans and Ecological Surveys, particularly in Sussex. Engaging a woodland expert to manage tree health and safety. Leading the licence application for the reintroduction of beavers.
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Maintaining public access, removing hazardous trees, and providing inlerprelalion to educate visitors on the importance of allowing woodland and open ground to regenerate naturally. Land-related expenditure for the year included beaver reintroduction and management {£9,710), land maintenance {£10,516), land management {£7,4841, staff salaries1£6,0971, and the Downicary purchase1£280,000). Future Plans {May 2025- April 2026) The Foundation plans to continue rewilding and nature recovery to create rich, biodiverse habitats where flora and fauna can thrive. Key initiatives include.. Woodland Management Plans - Commission contractors ESUS to create plans for Sussex and submit to the Forestry Commission for approval. Tree Safety and Canopy Management- Fell dead and dangerous trees, open woodland canopies, and encourage low-level vegelalion to support birds, insects, and ground-dwelling species. Meadow and Open Ground Management- Scarify open land in Bowyer's Wood and Downicary for tree regeneration and commission an Open Ground Management Plan in Sussex. Reintroduction of Native Species- Introduce beavers to Bowyer's Wood in collaboration with Derek Gow Consultancy and the Beaver Trust. Ecological and Archaeological Surveys - Monitor species across all sites (birds, plants, insects, mammals), install nature cams, bird boxes, and raptor poles, and engage expert local groups. Community Engagement- Share nature footage, conduct interviews with consultants, and host activities such as walks, talks, and an annual BioBlilz to involve local commLJnities in biodiversity monitoring. Land Portfolio Expansion - Purchase additional land, including Woolpack FarmlBell Lane Meadow (11.22 ha, 27.71 acres), to extend conseNalion impact. Through these initiatives, the Green Britain Foundation continues to demonstrate a strategic, science-led approach to rewilding, combining habitat restoration with community engagement and education to support biodiversity and climate resilience. 3. Policy, Campaigns and Advocacy The charity has commissioned research and reports to provide evidence-based insights and practical solutions for sustainable living - from grassroots initiatives to wider policy influence helping to shape a more environmentally responsible Brilain. al Reports During this reporting period four reports have been produced= 1. The Real Economic Cost of 'Cutting the Green Crap. (June 2024) This report by the Green Britain Foundalion reveals that the Ulfs decision to scale back green energy policies - referred lo as "cutting the green crap" has led to an additional £22 12
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 billion in household energy bills over the past decade. The analysis attributes this increase lo the rollback of climate policies such as home insulation, renewable energy projects, and energy efficiency measures. The report argues that these cuts have not only raised costs but also hindered progress toward energy independence and net-zero targets. 2. The Case for Green Energy {August 2024) This report examines the economic and environmentsl benefits of transitioning to green energy sources. It highlights that investments in renewable energy have outpaced those in fossil fuels, with clean energy accounting for 92.5 % of new electricity capacity globally in 2024. The report emphasizes that renewable energy is now cheaper than fossil fuels, making the transition economically viable. However, it also notes challenges such as geopolitical tensions and material shortages that could impact the pace of this transition. 3. The Road to Energy Independence {September 2024) This report outlines a strategic approach for the UK to achieve energy independence by reducing reliance on imported fossil fuels. It proposes measures such as implementing progressive energy tariffs, developing green gas, and reforming planning and market structures. The report argues Ihat these sleps will not only enhance energy securily but also lower household bills. create green jobs, and contribute lo rneeting nel-zero comrnitmenls. 4. Breaking the Link (April 2025) This report exposes how Ihe UK'S energy market unfairly lies the cost of all electricily - even clean. homegrown power from wind and solar - lo the volatile global price of fossil gas. Despile record levels of renewable generation, energy bills have continued lo rise, adding £43 billion to UK bills in 2023 alone. The analysis shows thal this broken system undermines both the affordability and independence of our energy supply, while enriching global fossil fuel markets. The report calls on the government to'break the link" between green energy and gas prices, outlining how doing so could cut household and business costs, strengthen national security, and deliver true energy independence through 1000/. British renewable power. bl Undercover investigations In the latter part of this reporting period the charity appointed an Undercover Investigations OffiTrr responsible for commissioning undercover filming and the publication of exposes in relation to factory and fish farming to expose the way animals are treated and the impact this has on their health, welfare and the environment. The Green Britain Foundation has conducted several impactful undercover investigations into factory and fish farming, revealing systemic animal welfare abuses and environmental hazards. These investigations have garnered significant media attention and prompted regulatory scrutiny. Fish Farming Investigations Largest Salmon Escape in a Decade (December 20241 The charity uncovered a previously unreported incident where 80,000 farmed salmon escaped during transport from Loch Shin to Lochinver. This raised concerns aboul the 13
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 impact on wild salmon populations and prompted calls for stricter regulations. The Tirnes Diseased Salmon in Tasmania (April 2025) The charity released footage of diseased salmon in Tasmania's Macquarie Harbour, highlighting the potential threat to the critically endangered Maugean skate. See here. Factory Farming Investigations Hogwood and Flat House Farms (2024) The charity conducted undercover investigations at Hogwood and Flat House Farms, both Red Tractor certified, documenting systemic animal welfare abuses. This raised questions about the effectiveness of certification schemes in ensuring animal welfare. Insta Environmental Breaches in Intensive Livestock Farms {April 2024) The charity highlighted findings from the Bureau of Investigative Journalism revealing over 3,000 environmental breaches by intensive livestock fanns in England, including illegal slurry discharges and improper carcass disposal. TBIJ These investigations have not only exposed critical issues within factory and fish farming industries but have also led to tangible outcomes. including regulatory suspensions and increased public awareness. GBF continues to advocate for stronger regulations and greater Iransparency in these seclors. Financial Overview research and reporting cosls were £243.285, undercover operational costs £28,635, and staff salaries £38.400, reflecting the scale and professional rigour of the work conducted. Future Plans Mowi Scotland- Loch Harport (May 2025) The charity released undercover footage revealing workers at Mowi Scotland's Loch Harport salmon farm engaging in the mistreatment of live fish. This exposure led to the suspension of the farm's RSPCA Assured certification, placing its supply to major UK retailers under scrutiny and highlighting the need for stronger oversight across the sector. The charity will continue to= Conduct further undercover investigations into factory and fish farming operations to expose animal welfare and environmental abuses. Produce evidence-based reports and media campaigns to drive regulatory and industry reforms. Engage with policymakers. retailers. and the public to advocate for stronger protections for marine and terrestrial animals. Expand operational capacity for undercover investigations to ensure continued impact and scalability- Through these aclivities, the Green Britain Foundation aims lo maintain a high-impact, evidence-led approach, promoting transparency, accountability, and the highest standards of animal welfare across the food industry. 14
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 4. Grants and Donations Providing funding towards projects and initiatives designed to help reduce detrimental environmental impact and promote positive ways of helping create a green Britain. During the year, the trustees approved grants to the following organisations, with all projects carefully reviewed and confirmed as compliant with the Green Britain Foundation's haritable objectives.. Molhers Manifesto- granted 22 July 2024 £10,000 was donated to support Mothers Manifesto in raising public awareness and encouraging political change to address the struggles faced by families impacted by the cost-of-living and fuel crises, while oil and gas companies continue to make record profits and receive tax breaks. Naam Festival- granted 22 July 2024 £10,000 was donated to support Naam's six-month Creative Innovalion Residency, designed to educate communities around Lake Victoria on pollulion and environmental injustice, and lo deliver advocacy Iraining for the Naam team to strenglhen engagement wilh local beneficiaries. The Blue Lantern Project- granted 22 July 2024 £10,000 was donated to support the Blue Lantern Pilot Projecl in developing environmenlally sustainable accommodation for homeless individuals in and around Gloucestershire. Higginson Strategy- granted 31 July 2024 £20,000 was donated to support a campaign urging the UK Government to suspend its Free Trade Agreement with the Faroe Islands unlil Ihe country ends the slaughter ofwhales and dolphins, known as the grindadr8P. Kate Strong- granted 31 July 2024 £5,000 was donated to support the River Taff Glean-up challenge. Rose's Special School- granted 31 July 2024 £10,000 was donated to support the upgrade and retrofit of St Martin's College buildings, improving accessibility for students and incorporating sustainable materials to reduce the college's carbon footprint and running costs. Social Innovation for All- granted 20 August 2024 £26,664 was donated to support delivery of the Young Green Briton Challenge and National Awards, in collaboration with the Green Britain Foundation General Manager, lo inspire and celebrate young people driving environmental action. Keep It Wild CIC- granted 26 August 2024 £25,000 was donated to support the creation and expansion of a National Species Recovery Centre. helping to reintroduce rare and lost British wildlife species. 15
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Northbay Innovations Ltd- granted 21 October 2024 £77,500 was donated to support the development of an innovative modular and transportable pre-settlement larval production unit (halcheryl to aid the reinstatement of self- sustaining oyster beds. The project acts as a replicable test bed for improving marine biodiversity, water filtration, and carbon sequestration. South East London Community Energy {SELCEI- granted 1 November 2024 £18,000 was donated to support the installation of LED lighting in five local schools and a community centre {£8,0001, and solar arrays on two further schools and two charity-run leisure Gentres (£lO,0001. Climate Action and Support Pathway- granted 5 December 2024 £10,000 was donated to support the CASP Hardship Fund, which provides legal, financial, and emotional support to climate activists involved in the justice system. River Action UK- granted 8 April 2025 £5,000 was donated to support River Action UK'S legal work holding government, regulators, and industrial polluters to account, driving policy and practice changes to reslore and protect UK rivers. Funds raised were matched through the Big Give Green Match Fund. Impact Summary Through ils 2024-2025 grant-making programme. the Green Britain Foundation has enabled impacttul action across climate justice, biodiversity restoration, and sustainable community development. These grants have helped catalyse innovation, amplify advocacy. and empower individuals and organisations to tackle environmental and social challenges at every level from local communities to international policy. Together, they reflect the Foundation's enduring commitment to accelerating the transition to a fairer, greener Britain and inspiring lasting, systemic change. Governance Objective.. to ensure the operations of the FoundationlTrust are run efficiently and effectively. Throughout the year, comprehensive reviews of the operations and financial performance of the Green Britain Foundation, including the FGR Comrnunity Trust, have been overseen by the designated Trustee responsible for Governance, to include regular Finance Review Meetings and quarterly Board Meetings. All meetings are minuted and available for review. Careful evaluation and review of all necessary procedures and policies have continued to be undertaken. The trustees have had regard to the Charity Commission's guidance for public benefit in managing the decisions and activities of the charity. The trustees are salisfied that these documents meet the needs of the charity, now and into the fulure. 16
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Review of financial position at the end of the reporting period The Charity was able to operate on existing funds in the year ending 30th April 2025 due to the donations received in 2023 of £8,182,847. There was also an increase in expenditure on charitable activities to £1,406,463 {2024'. £608,744) with £997,759 being unrestricted {2024.' £327,120} and £408,704 being restricted {2024'. £281,624). The increase was due primarily to a increase in the number and amount of grants payable and research & reports during the year. The Charity's financial position as of 30 April 2025 is strong. Net assets have decreased to £6,728,195 from £7,849,966 in 2024. The charity has used a portion of its significant cash balance to purchase non-current assets in the year, including an investment in land at Downicary of £284.000. This, alongside the general operation of the charity, meant its cash reserves decreased to £3,436,23512024.' £4,759,195). The purpose of the investment in land is elaborated under the main activities of the charity. The Charity does not hold any material financial investments as of 30 April 2025. Reserves In the trustees, view, the reserves should provide the Charity wilh adequate financial stability and the means for it to meel its charitable objectives for the near future. The trustees propose lo maintain Ihe Charity's reserves at a level which is al least equivalent to three months operational expenditure (approx. £405,000) and have done so having regard to ils manner of operation of likely funding streams. The Charity held funds totalling £6,728,195 {2024'. £7,849,966) which includes £Nil {2024'. £148,742) in the FGR Community reserve and £6,900 (2024.. £5,900) in the Alveston Comrnunity Benefit Fund both of which are restricted. The Charity has committed expenditure into year-ending 30 April 2026 of £22,196 designated for the running of the Ministry of Eco Education programme and £1,672,591 for the acquisition of further land. Within unrestricted funds there is £3,391,466 (2024= £3,130,772) which is invested in fixed assets and is therefore not deemed to be liquid resources. Therefore, the Charity has free reserves of £1,635,042 {2024'. £4,519,220). The trustees of the Charity intend for the free reserves to be brought down in line with policy and to ensure that this cash is utilised in the Charities activities in line with its key objectives. Post year end, the bank account was changed to a higher interest bank account to improve the utilisation of cash reserves. Remaining unrestricted funds are to be used to support the ongoing running, governance and development of the Green Britain Foundation and help fund future operations and programmes that are consistent with the objectives of the Foundalion 17
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Principal Risks Safeguarding The Charity's activities involve working alongside vulnerable adults and children and is committed to creating and maintaining a safe and positive environment. To mitigate against safeguarding risks, the Charity maintains a safeguarding policy which is regularly reviewed and is shared with all staff. Checks are conducted on all new employees who are required to have recent DBS disclosures. Safeguarding training is provided to staff upon induction and staff attend the FA Safeguarding Children workshop when deemed appropriate. Third parties engaged by the charity undergo vigorous vetting and safeguarding checks to satisfy the Trust's policy. Income generation The Charity's income portfolio is not diverse and therefore the Charrty is over-reliant on a few income streams. FGR Community has relied on income from the Premier League and the English Football League {EFL) which is dependenl on Foresl Green Rovers Football Club's status as a member of the EFL and National League. The Club was relegated to the National League May 2024, affecting income streams for the coming year. The Charity adapted Ihe Trust's plans based on the income it was likely to receive from the Premier League, Premier League Fund and National League in 2024-25 and will continue to operate a similar approach for 2025-26. The Charity continues to maintain a reserves policy to protect against these reductions to income. Availability and adequacy of assets of each of the funds The board of trustees is satisfied that the charity's assets in each fund are available and adequate to fulfil its obligations in respect of each fund. 18
GREEN BRITAIN FOUNDATION REPORT OF THE BOARD OF TRUSTEES YEAR ENDED 30 APRIL 2025 Statement of Trustees. responsibilities The trustees (who are also directors of Green Britsin Foundation for the purposes of company law) are responsible for preparing the Trustees, Report and the financial statements in accordance with 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). Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the stste of affairs of the charitable company and of the 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 in the Charities SORP., make judgments and estimates Ihat are reasonable and prudent- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless it is inappropriate to presume that Ihe charitable company will continue in business. The trustees are responsible for keeping adequate accounting records that disclose with reasonable accuracy at any time the financial position of the charitable company and enable them to ensure that the financial statements comply with the Companies AGt 2006. They are also responsible for safeguarding the assets of the charitable company and hen for taking reasonable steps for the prevention and detection of fraud and other irregularities. In so far as the trustees are aware there is no relevant audit information of which the charitable company s auditor is unaware- and the trustees have taken all steps that they ought to make themselves aware of that information. SMALL COMPANY PROVISIONS The financial statements have been prepared implementing ihe Statement of Recommended Practice for Accounling and Reporting by Charilies IFRS1021 and in accordance with the Financial Reporting Standard 102. The annual report has been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006. This report was approved by the board of Iruslees on behalf of the Board: 2210112026 Signed on Dale Vince OBE Tnjstee 19
GREEN BRITAIN FOUNDATION INDEPENDENT AUDITOR'S REPORT YEAR ENDED 30 APRIL 2025 Independent audltor's report to the members of Green Brltaln Foundatlon Opinion We have audited the financial statements of Green Britain Foundation {the "Charity") for the year ended 30 April 2025 which comprise the Statement of Financial Activities, the Balance Sheet, the Cash Flow Statement and notes to the financial statements, including a summary 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 Stsndard 102.. The Financial Reporting Standard applicable in the UK and Republic of Ireland {United Kingdom Generally Accepted Accounting Practice). In our opinion, the financial statements- give a true and fair view of the state of the Charity's affairs as at 30 April 2025 and of its income and expenditure for the year then ended., have been properly prepared in accordan with United Kingdom Generally Accepted Accounting Practice; have been prepared in accordance with the requiremenls of the Companies Act 2006. Basis for opinion We conducted out audit in accordance with international Standards in Audiling (UK) IISAS {UKI) and applicable law. Our responsibilities under Ihose standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the Charity in accordance with the ethical requirements that are relevant lo our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordan 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 directors, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identrfied any material UnrtaIntieS relaling to events or conditions that. individually or collectively, may cast significanl doubt on the charity's ability to continue as a going concern for a period of al least Iwelve months from when Ihe financial slalements are authorised for issue. Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report. Other infomiation The trustees are responsible for the other information. The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. Our opinion on the financial statements does nol cover the other information 20
GREEN BRITAIN FOUNDATION INDEPENDENT AUDITOR'S REPORT YEAR ENDED 30 APRIL 2025 and, except to the extent otheNise explicitly slated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other infomiation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If based, on Ihe work we have performed, we GonGlude that there is a material misstatement of this other informalion, we are required to report the fact. We have nothing to report in this regard. Opinions 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 (incorporating the directors, report) for the financial year for which the financial statements are prepared is consistent with the financial statements., and the directors, report has been prepared in accordan with applicable law requirements. Matters on which we are required to report by exception In the light of our knowledge and understanding of the charitable company and its environment obtained in the course of the audit, we have not identified material misstatements in the directors, report. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if. in our opinion.. adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us- the financial statements are not in agreement with the accounting records and returns., certain disclosures of trustees, remuneration specified by law are not made., or we have not obtained all the information and explanations necessary for the purposes of 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 directors, report and from the requirement to prepare a strategic report. Responsibilities of trustees As explained more fully in the trustees, responsibilities slatement, the trustees 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 they determine is necessary to enable the 21
GREEN BRITAIN FOUNDATION INDEPENDENT AUDITOR'S REPORT YEAR ENDED 30 APRIL 2025 preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the trustees are responsible for assessing the Charity's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the Charity or to cease operations, or have no realistic alternative bul to do so. Auditorfs 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 auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAS (UK) will always detect a material misstatement when it exists. Misstatements 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 taken on the basis of these financial slatements. Our approach to identifying and assessing the risks of material misslalemenl in respecl of irregularities, including fraud and non-cornpliance with laws and regulations, was as follows.. we identified the laws and regulations applicable to the charity through discussions with those charged with governance and other management, and from our knowledge and experience of the sector., we focused on specific laws and regulations which we considered may have a direct material effect on the financial statements of the operations of the company, including the Companies Act 2006, taxation legislation and data protection, anti-bribery, employment, pensions, environmental and health and safely legislation., and we assessed the extent of compliance with Ihe laws and regulations identified above through making enquiries of management, inspecting legal correspondence and remaining alert during the audit for any indications of non-oompliance. Our audit ProdureS in relation to fraud included but were not limited to.. making enquiries of those charged with governance and other management as to where they considered there was suscepiibility to fraud, their knowledge of actual, suspected and alleged fraud., discussing amongst the engagement team the risks offraud., gaining an understanding of the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations- testing journal entries to identify unusual transactions., assessing whetherjudgements and assumptions made in determining the accounting estimates sel out in the accounting policies were indicative of polential bias., and investigaling the rationale behind significant or unusual transactions. There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other 22
GREEN BRITAIN FOUNDATION INDEPENDENT AUDITOR'S REPORT YEAR ENDED 30 APRIL 2025 management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder lo detect than those that arise from error as they may involve deliberate concealment or collusion. 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 -uklauditorslaudil-assurance- ethicslauditors-res onsibililies-for-the-audit. This description forms part of our auditor's report. Use of our report This report is made solely to the Charity's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Charity's members those matters we are required to state in them in an auditor's report and for no other purpose. To the fullest extent permitted by law. we do not accept or assume responsibility to anyone other Ihan the Charity s members as a body, for our audit work, for this report. or for the opinions we have formed. Joshua Klngston FCA {Senlor Stalutory Audltor) For and on behalf of Burton Sweet Limited Stalulory Auditor The Clock Tower 5 Farleigh Court Old Weston Road Flax Bourton Bristol BS48 1UR Date- 2210112026 23
GREEN BRITAIN FOUNDATION STATEMENT OF FINANCIAL ACTIVITIES {Including Income and Expenditure Account) YEAR ENDED 30 APRIL 2025 Unrestricted Restricted Total Funds Total Funds Funds Funds 2025 2024 Note Income from: Donations and grants Total income 65,695 65,695 218,997 218,997 284,692 284.692 833,436 833,436 Expenditure on: Charilable activities 997,759 997,759 408.704 408,704 1,406,463 1,406,463 608,744 608,744 Total expenditure Nel incomel{expenditurel {932,0641 {189,707) 11,121,771) 224,692 Transfer between funds 13 (41,9651 41,965 Net movement in funds {974,0291 {147,742) 11,121,771) 224,692 Total funds brought foThvard 13 7,695,324 154.642 7,849.966 7.625.274 Total funds carried forward 13 6,721,295 6.900 6,728.195 7.849,966 The charity has no recognised gains or losses other than the results for the year as set out above. All of the activities of the charity are classed as conlinuing. The notes on pages 27 to 38 form part of these flnanclal statements See note 8 for comparative statement of financial activities figures. 24
GREEN BRITAIN FOUNDATION BALANCE SHEET AS AT 30 APRIL 2025 Company number.. 08121843 2025 2024 Note Non-current assets Tangible fixed assets 10 3,391.466 3,391,466 3.130.772 3,130,772 Current assets Debtors Cash at bank 11 45,753 3,436,235 3,481,988 90,118 4,759,195 4,849,313 Creditors . Amounts falllng due within one year 12 1145,259) 1130,1191 Net Current Assets 3,336.729 4.719,194 Net assets 6,728,195 7,849,966 Funds Restricted funds Unrestricted funds Designated funds General funds 14 6,900 154,642 14 14 1,694.787 5,026,508 45,332 7,649,992 6,728,195 7,849,966 These financial statements have been prepared in accordance with the special provisions for small companies under Part 15 of the Companies Act 2006 and with the Financial Reporting Standard IFRS102). These financial slatemenls were approved by the truslees on behalf by: 2210112026 and are signed on their Dale Vince OBE Chair of Trustees The notes on pages 27 to 38 form part of these financial statements 25
GREEN BRITAIN FOUNDATION CASH FLOW STATEMENT YEAR ENDED 30 APRIL 2025 2025 2024 Note Net cash flow from operating activities 16 1983,502) 233.161 NonperatIOnal cash flows: Payments for tangible fixed assets 339,458 1,689,500 1339,458) (1,689,500) Net cash flow for the year 11.322,960) (1,456,339) Cash and cash equivalents at the beginning of the year 4,759,195 6,215,534 Cash and cash equivalents at the end of the year 3,436.235 4.759,195 Charity law pmhibits the use of net cash inflows on any endowed or other restricted fund to offset net cash oulflows on any fund outside its own objects, excepi on special authority. In practice, this restriction has not had any effect on cash flows for the year. The notes on pages 27 to 38 form part of these financial statements 26
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Accounting policies a) Accounting convention The financial stslements have been prepared in accordance with the historical cost convention (except where otherwise stated in the accounting policy nole) and in accordance wtlh the Statement of Recommended Practice.. Accounting and Reporting by Charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland {FRS 1021 issued in October 2019, and Ihe Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland {FRS 102), and the Companies Act 2006. The Charily is a public benefit entity as defined under FRS102. The financial stalements are prepared on the going concern basis. The Irustees consider this an appropriate basis upon which to prepare the statements. b} Income Income is accounted for on a receivable basis. Income from donations is included in income when these are receivable, except as follows: il When donors specify that donations given to the charity must be used in future accounting periods. the income is deferred until those periods., ill When donors impose conditions which have to be fulfilled before the charity becomes entitled lo use such income, the income is deferred until the pre-conditions have been met. cl Expenditure Expenditure is recognised in the period in which they are incurred. Expenditure includes attributable VAT which cannot be recovered. Certain expenditure is directly attributable to specific activities and this has been included in those cost categories. Other costs, which are attributable to more than one category, are apportioned across cost categories on the basis of an assessment of workload carried out from time to time. Grants payable are charged in the year when the offer is conveyed to the recipient. Governance costs include the costs of governance arrangements which relate to the general running of the charitable company as opposed to Ihe direcl management functions inherent in generaling funds. This includes such items as external scrutiny, legal advice for trustees and costs associated with constitutional and statutory matters. d} Fund accounting Unrestricted funds can be used in accordance wilh Ihe charitable objects at the discretion of the Irustees. Restricted funds can only be used for parbcular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. el Debtors Trade and other debtors are recognised at the seltlement amount due after any trade discounl offered. 27
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Accounting policies (continued) fj Bank Cash at bank includes cash and short term highly liquid investments with short maturity of three months or less from the date of acquisition or opening of the deposit or similar account. g} Tangible fixed assets Tangible assets are staled in Ihe balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment. Depreciation is charged so as to write off the cost of assets, other than land, starbng the month after acquisition over their estimated useful lives as follows- Freehold land no depreciation Vehicle - 3 years straight line h) Creditors Creditors are recognised where the charity has a present obligation resulting from a past event that will probably result in the transfer of funds to a third party and the amount due lo settle Ihe obligation can be measured or estimated reliably. Creditors are normally recognised at their settlement amount after allowing for any Irade discounts due. Donations and grants Unrestricted Restricted Totsl Funds Funds Funds 2025 Donations from.. Corporate organisalions Public bodies Charities and trusts Donations in kind Individuals 38,879 8,733 156.015 38,879 8,733 166,015 55,695 15,370 10,000 55,695 15,370 65,695 218.997 284,692 Prior year comparative Unrestricted Restricted Totsl Funds Funds Funds 2024 Donations from.. Corporate organisations Public bodies Charities and trusts Donations in kind Individuals 13,662 69,105 47,682 150.944 82,767 47,682 150,944 532,800 19,243 532,800 10 19,233 546,472 286,964 833,436 The donation in kind relates to donated land. facilities and services gifted to the foundation from Ecolricity Group Limited. 28
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Expenditure on.. Charitable activities Total 2025 Total 2024 Grants payables (note 5} Wages and salaries (note 6) Other staff costs Marketing Legal and professional fees Consultancy fees Premises insurance Renl and rates Event costs Postage and stationery Bank charges Bad debt written off Software, licences and support Catering Supplies Equipment Land Management Animal Reintroduction and Control Research and reports Boat Maintenance Other Depreciation Governance costs 237,164 293,293 20,071 26,109 7,868 137,232 6.845 25,888 33,323 13,380 232,203 30,402 18,232 7,720 198,266 4,012 10,806 29,368 183 206 1,684 26,770 443 157 10,474 147 80,909 36,314 9.114 19,305 30,826 4.470 243.285 72,196 26,805 78,764 16,535 24,438 1,406,463 608,744 Grants payable (note 51 Support costs (note 4) Staff costs (note 6) Total 2025 y activity Direct costs FGR community Educalion Marine Protection Land Stewardshipl Rewilding Campaign and reports Grants 10,000 26,664 148,464 141,468 159,025 245.240 26,739 25,478 28,640 430,443 193,610 187,665 50,074 23,298 9,018 82,390 243,285 24,755 43,815 311,855 200,500 200,500 237,164 742,316 293.293 133,690 1,406,463 29
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Support Costs Total Other Staff Costs Consultancy fees Premises insurance Rent and rates Event costs Bank Charges Software, licences and support Equipment Other Governance Costs 6,869 28,412 3,995 12,866 733 112 36,314 1,727 26,127 16,535 Total Support Costs 133,690 Grants Payable Total grant commltments made In the year 2025 2024 Grants to organisation based in the United Kingdom.. North Bay Innovations Ltd Higgingson PR Lld Climate Aclion and Support Pathway Students Organising for Sustsinability UK Shindig Productions Ltd North Wales Hunt Saboleurs Alveston Jubilee Hall M8n8gement Committee Kate Strong Mass Wodd Keep il Wild CIC Molhers Manifesto Naam Festival River Action UK Rose's Special School Skalepark Social Innovation for All Soulh East London Communily Energy The Blue Lantern Project Total grants payable (Note 3) 77,500 20,000 10,000 5,000 4,380 3,000 1,000 5,000 25,000 10,000 10,000 5.000 10,000 10,000 26,664 18,000 10,000 237.164 13,380 30
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 staff costs and numbers The aggregate staff costs were.. 2025 2024 Wages and salaries Social Security costs Pension costs Redundancy cosls 255,296 24,876 13,121 203,435 4,012 10,503 14,253 232,203 293.293 No employee received emoluments of more Ihan £60,000 in the current or prior year. The average number of employees during the year was 11 (2024.. 171. Key management personnel are considered to be Ihe trustees and the Head of FGR Community. The total employee benefits received by key management personnel was £75.738 {2024'. £53,439). Other than as disclosed in note 17, no remuneration directly or indirectly out of the funds of the charitable company was either paid or payable for the current or prior period to any trustee or to any person or persons known to be connected with any of them. No expenses were paid to truslees during the current or previous period. Net incomel(expenditure) 2025 2024 Net income is slated after charging.. Depreciation Auditorfs remuneralion current year fee accounts preparation under accrual in previous year 78,764 13,020 3.180 11,880 2,880 9,678 31
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 Comparative Statement of Financial Activities Unrestricted Restricted Funds Funds Totsl Funds 2024 Income from: Donations and grants 546.472 286.964 833,436 Total income 546,472 286.964 833,436 Expenditure on.. Charitable activities 327,120 281,624 608,744 Total expendlture 327,120 281,624 608,744 Net incomel(expenditure) 219.352 5.340 224,692 Transfer between funds 10,300 {10,300) Net movement In funds 229,652 14,9601 224,692 Total funds brought forward 7,465.672 159.602 7.625,274 Total funds caThied forward 7,695.324 154.642 7.849,966 Investments FGR Communit The investment in FGR Community was acquired at nil cost. Green Britain Foundalion is the sole member of FGR Community, a company limited by guaranlee. By virtue of being the sole member, FGR Community is the wholly owned subsidiary of Green Britain Foundalion. FGR Community was dormant with no activity going through the company for the year ended 30 April 2025 (2024= £Nil). At 30 April 2025 FGR Community held no members, funds {2024= £Nill. 32
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 10 Tangible fixed assets Freehold Land Vehicle Total Cost At 1 May 2024 Addilions 2,850.772 291,547 280.000 47,911 3.130,772 339,458 At 30 April 2025 3,142,319 327,911 3,470,230 Depreciation At 1 May 2024 Depreciation charge 78,764 78,764 At 30 April 2025 78,764 78,764 Net book value At 30 April 2025 3,142,319 249,147 3,391,466 At 30 April 2024 2,850,772 280,000 3,130,772 11 Debtors 2025 2024 Trade debtors Prepayments and accrued income Other debtors 6,900 20,853 18,000 70,634 1,484 18,000 45,753 90,118 12 Creditors .' Amounts falling due within one year 2025 2024 Trade creditors Accruals and deferred income Taxation and social security Other creditors 3,172 58,403 29,651 31,184 94 69,190 83,684 145.259 130,119 33
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 13 Movement in funds At1May 2024 At 30 Aprll 2025 Income Expenditure Transfers Restricted funds FGR Community Alveston Community Benefit Ministry of Eco Education 148,742 5,900 207,097 6,900 1403,704) 47,865 15,900) 6,900 5,000 15.000) 1408,704} 154,642 218,997 41,965 6,900 Unrestricted funds Ministry of Eco Education Marine Protection Land Stewardship I Rewilding Campaign and Reports Young Green Briton Challenge General funds 37,334 {113,642) {159,025} {49,596) 98.504 159,025 22,196 1,722,187 1,672,591 1259,575) 259,575 7,998 17,998) 1407,923) 12,281,256) {997.759} {41,965) 7,649,992 65,695 5,026,508 7,695,324 65,695 6,721,295 7,849,966 284,692 1,406,463} 6,728,195 Restricted Fund Descriptions FGR Communit Funds within the Green Brilain Foundation which are restricted for FGR Communily are restricted according lo our funder stipulations, for the delivery of our programmatic work such as the Premier League KICKS and Primary Stars programmes, funded by Ihe Premier League Charitable Foundation -and our community outreach work funded by local strategic partners such as Nailsworth Town Council and Stroud District Council. Alveston Communit Benefit Funds within the GBF for our 'Community Benefit, donation programme are allocated strictly for the issue of grants to the Alveston Community. Grant applications are called for on an annual basis. All applications and projects are reviewed and approved by the Board of Trustees, with funds issued annually. as deemed in-line with the GBF'S charitable aims. During the year Alverston Wind Park Limited gave permission to use the brought fotward restricted funds for general purposes. This is reflected through a transfer in funds. The Football Association Funds received from the Football Association are restricted to football related expenditure, such as matchday catering supplies. The transfer in Ihe prior year relates to expenditure for football aclivilies out of the FGR Community funds.
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 13 Movement in funds {Continued} Minist of Eco Education Funds received for Ministry of Eco Education as described within designated funds below. Designated Fund Descriptions Minist of Eco Education The Ministry of Eco Education was established in the Summer of 2021 with the aim of greening up the school curriculum. The team has curated Ihe resources and linked activities and opportunities from more Ihan 200 organisations into a single framework and approach, saving teachers time and helping them build then embed sustainabilily learning across their existing curriculum. The part-time team of one Education Lead and three Regional Coordinators and one Volunteer Coordinator have been guiding the learning journey throughout the 24-25 year, using big questions framed across seven key environmental themes.. Energy, Transport, Food, Nalure, Waste and Waler and Society with all the resources housed on a bespoke website with a unique log-in for each teacher. The Green Britain Foundation is funding this programme to advance the education and learning of young people to help them become Young Green Britons, able to have agency in changing the way we all live for the better. Youn Green Briton Challen The Young Green Briton Challenge IYGBCI is part funded by the Green Britsin Foundation. It's been developed and delivered in partnership with Social Innovation for All, Volunteers for Future (now known as GenEarthl and the Ministry of Eco Educalion lo nurture, support and celebrale youth-led, school-based climate action in a secondary educational setting. The project's mission is to bring climate education, innovation and enlrepreneurship into schools. empowering young people to create a greener world. The Challenge combines sustainability education with innovation, business and cilizenship - building essential Iransferable skills for students aged 11-ideas for local climate aclion ventures, benefiting students, their wider community, and the planet. This continued until 30 April 2024. From 1 May 24 to 30 April 25, the Young Green Brilon Challenge was paid for via a grant and therefore not a fund of Green Britain Foundation. Cam nandRe orts (Policy, Campaigns and Advocacy) The GBF commissioned research and reports to provide evidence-based insights and practical solulions for sustainable living from grassroots initiatives to wider policy influence - helping to shape a more environmentally responsible Britain and in the latter part of the financial year appointed an Undercover Investigations Officer responsible for commissioning undercover filming and the publication of exposes in relation to factory and fish farming to expose the way animals are treated and the impact this has on their health, welfare and the environment. 35
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 13 Movement in funds (Continued) Land Stewardshi IRewildin GBF continued to prioritise the management and expansion of its woodland portfolio lo enhance biodiversity, support natural regeneration and increase cathon sequestration. During the year, the charity managed key sites in Wales Icwm Uchaf Mountain), Gloucestershire (land near Nympsfield) and Sussex (Bowyer's Wood). In September 2024, GBF expanded its landholdings with the purchase of Downicary, Devon (11.5 hal. The sile is being restored through wetland creation, native tree planting and meadow establishment, with expert support from Derek Gow Consultancy. In January 2025, Chris Perkins was appointed Land Manager to lead rewilding and nature recovery work, including woodland managemenl planning, ecological surveys, tree safety, a beaver reintmduction licence, and public access management. At the year-end the trustees designated aside additional funds for land purchases. stewarding and rewilding in the coming financial year. Marine Protection In March 2025, GBF ended the lease of ils patrol vessel Nemesis from the Caplain Paul Walson Foundation UK to focus on its own marine conservation programme, Fish Net Zero, which delivers ghost gear retrieval and wider ocean protection work. This included the purchase of a RIB, Banshee, and essential equipment to operate on the west coast of Scotland. Prior year comparative At1May 2023 At 30 April 2024 Income Expenditure Transfers Restricted funds FGR Community Alveston Community Benefit The Football Association Ministry of Eco Education 148,477 10,300 275,064 6,900 1275,624} 11.000} 825 {10,300) 148,742 5.900 825 1825) 5,000 (5,000) 159,602 286,964 1281.624} {10.300) 154,642 Unrestricted funds Ministry of Eco Education Young Green Briton Challenge General funds {74,361) 111,695 37,334 {41,056) 1211.703) 49,054 1150,449) 7,998 7.649,992 7,465,672 546,472 7,465,672 546,472 1327,120) 10,300 7,695,324 7,625,274 833,436 608,744 7,849,966 36
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 14 Analysis of net assets between funds Tangible Other Flxed Assets Net Assets Total Funds 2025 Restricted funds 6,900 6,900 Unrestricted funds Designaled funds General funds 1,694.787 1,635.042 1.694,787 5.026,508 3,391,466 3,391,466 3,336,729 6.728,195 Prior year comparative Tangible Other Fixed Assets Net Assets Total Funds 2024 Restricted funds 154,642 154,642 Unrestricted funds Designated funds General funds 45.332 4,519.220 45,332 7,649,992 3,130,772 3,130.772 4,719.194 7.849,966 15 Company Limited by guarantee The company is limited by guarantee and, as such, has no issued share capital. In the event of the company being wound up the liability of the members is limiled to £1 each. 16 Reconciliation of net movement in funds to net cash flow from operating activities 2025 2024 statement of Financial Aclivrties- Net movement in funds (1,121,771) 224,692 Increase I (decrease} in creditors.. current liabilities (Increase) I decrease in debtors Depreciation Net cash flow from operating activities 15.140 44,365 78,764 28,543 120,0741 1983,502 233,161 37
GREEN BRITAIN FOUNDATION NOTES TO THE FINANCIAL STATEMENTS YEAR ENDED 30 APRIL 2025 17 Related party transactions Helen Taylor. a trustee, is a director and majority share holder of One Blue Marble who invoices for Ihe provision of seNices. One Blue Marble manages the governance of The Green Britain Foundation and supports the operational running of the charity's wholly owned subsidiary entitled FGR Community. This is permitted under the governing document (Articles ofAssocialion) for the Charity- Dale Vince, a trustee, is a director and majority shareholder of the following entities from which Green Britain Foundation transacts wilh.. Ecolricity Group Limited Forest Green Rovers Alveston Wind Park Limited During the year Green Britain Foundation had the following related paty transactions= Income 2025 Expenditure 2025 Income 2024 Expenditure 2024 One Blue Marble Ecolricity Group Limited (Donation) Forest Green Rovers Alveston Wind Park Limited 24,566 12,946 55,695 20,853 6,900 532,800 58,644 6.900 17,228 83,448 41,794 598,344 12,946 Included at the year end are the following balances owed by related parties.. 2025 Total Creditors Debtors One Blue Mart)le Forest Green Rovers Alveston Wind Park Limited {83,685) 20,853 6,900 162,8321 6,900 83,685 27,753 55,9321 2024 Total Creditors Debtors One Blue Marblè Forest Green Rovers Alveston Wind Park Limited 1429) {72,801) (4291 115,1571 6,900 57,644 6,900 {73,230} 64,544 {8,6861 18 Post Balance Sheet Event After the year-end Ihe charity purchased Woolpack Farm and Courtlands Woods from designaled funds at an accumulated cost of £917,091. This land will be use for rewilding purposes in line with the charitable objectives. 38