UNITED BANK OF CARBON
UBoC?s mission is to promote environmental sustainability by protecting the world?s forests and green spaces through socially responsible partnerships. UBoC?s prime objectives: Provide research to assess the benefits of forests; Support local and national businesses to realise the value of forests;Develop and maintain exemplar forest projects with partners;Enhance environmental education
Objects
THE OBJECTS ARE, FOR THE PUBLIC BENEFIT, TO:3.1 ADVANCE ENVIRONMENTAL PROTECTION OR IMPROVEMENT, IN PARTICULAR BY ADVANCING THE PRESERVATION, CONSERVATION AND THE PROTECTION OF THE WORLD'S RAINFORESTS;3.2 PROMOTE SUSTAINABLE DEVELOPMENT BY:3.2.1 PROMOTING THE PRUDENT USE OF NATURAL RESOURCES;3.2.2 ADVANCING THE PREVENTION OR RELIEF OF POVERTY AND THE IMPROVEMENT OF THE CONDITIONS OF LIFE IN SOCIALLY AND ECONOMICALLY DISADVANTAGED COMMUNITIES (IN PARTICULAR OF RAINFOREST COMMUNITIES);3.2.3 PROMOTING SUSTAINABLE MEANS OF ACHIEVING ECONOMIC GROWTHAND REGENERATION;3.3 ADVANCE THE EDUCATION OF THE PUBLIC IN SUBJECTS RELATED TO SUSTAINABLE DEVELOPMENT AND THE PROTECTION, ENHANCEMENT AND REHABILITATION OF THE ENVIRONMENT.
Financial health, per its FY2025 accounts
The accounts state that the charity reported a net movement in funds of £(37,458) for the year ended 31 March 2025, resulting in total funds carried forward of £120,327. The trustees maintain a reserves policy requiring sufficient funds to disband the charity and support PhD students, noting that core costs will be reduced as necessary to uphold this policy.
What the accounts disclose
“UBoC policy is to have sufficient reserve funds to enable the Trustees to disband UBoC at any time and meet all existing contractual arrangements and additionally support any UBoC funded PhD students until completion of their 3.5 year funded PhD programme.” — page 8
“In addition, £42,000 was paid to the Yorkshire Wildlife Trust to support purchase of land in Wharfedale.” — page 21
“The company has an investment of £1, being the whole of the issued capital of the United Bank of Carbon Trading Limited (incorporated in the United Kingdom with Registration Number 6579824). United Bank of Carbon Trading Limited is dormant and has not traded since its incorporation in 2008.” — page 21
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investing charity funds policy and procedures
- Investment
- Risk management
- Safeguarding policy and procedures
- Serious incident reporting policy and procedures
- Social media policy and procedures
- Trustee conflicts of interest policy and procedures
- Volunteer management
Corporate structure
- Trading subsidiary: UNITED BANK OF CARBON TRADING LIMITED Companies House 06579824
- Registered company of the charity Companies House 06924700
- 1.00
Company officers (Companies House)
- HUNTRIDGE, Sheila on trustee list
- HARRISON, Jennifer Rachel on trustee list
- FORSTER, Piers Maxwell De Ferranti, Professor on trustee list
- WILD, Jonathan on trustee list
- HUNTRIDGE, Sheila
Trustees
- Dr JONATHAN WILDchair
- JENNIFER HARRISON
- PROFESSOR PIERS FORSTER
- Sheila Huntridge
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/03/2025 | £289k | £326k |
| 31/03/2024 | £141k | £102k |
| 31/03/2023 | £177k | £183k |
| 31/03/2022 | £440k | £453k |
| 31/03/2021 | £137k | £161k |
Common questions
Is UNITED BANK OF CARBON financially healthy?
Per its FY2025 accounts: The accounts state that the charity reported a net movement in funds of £(37,458) for the year ended 31 March 2025, resulting in total funds carried forward of £120,327. The trustees maintain a reserves policy requiring sufficient funds to disband the charity and support PhD students, noting that core costs will be reduced as necessary to uphold this policy. Its FY2025 accounts were independently examined.