CARBON GAP LTD
Carbon Gap is promoting and advancing the science-based case for carbon removal laid out by the Intergovernmental Panel on Climate Change (IPCC) and other respected international scientific bodies, and through this, delivering a fundamental component of the IPCC-recommended mitigation strategy for climate change.
Objects
THE CHARITY EXISTS TO FURTHER THE CHARITABLE PURPOSES OF PROMOTING FOR THE BENEFIT OF THE PUBLIC THE CONSERVATION, PROTECTION AND IMPROVEMENT OF THE PHYSICAL AND NATURAL ENVIRONMENT, INCLUDING THE ATMOSPHERE AND GLOBAL CLIMATE SYSTEM, AND ADVANCING THE SCIENCE OF CARBON REMOVAL AND RELATED TECHNOLOGIES, IN PARTICULAR BUT NOT EXCLUSIVELY THROUGH:(A) THE ADVANCEMENT OF PRACTICES AND TECHNOLOGIES THAT DIRECTLY OR INDIRECTLY REMOVE CARBON DIOXIDE OROTHER IDENTIFIED GREENHOUSE GASSES FROM THE ATMOSPHERE (REFERRED TO AS “CARBON DIOXIDE REMOVAL”);(B) CARRYING OUT AND COMMISSIONING EVIDENCE-LED RESEARCH IN THE SUBJECT OF CARBON DIOXIDE REMOVAL AND PUBLISHING THE USEFUL RESULTS;(C) ORGANISING, CONVENING, FUNDING AND DELIVERING EDUCATIONAL AND RESEARCH PUBLICATIONS, ACTIVITIES AND EVENTS WITH KEY STAKEHOLDERS, ORGANISATIONS AND INDIVIDUALS; AND(D) BUILDING THE CAPACITY OF ACADEMICS, POLICYMAKERS, NGOS, THE PUBLIC AND OTHERS TO UNDERSTAND,ENGAGE WITH AND EVALUATE CARBON DIOXIDE REMOVAL.
Financial health, per its FY2025 accounts
The accounts state that the result for the year was £nil, with a significant currency loss of £125,431.56 related to USD funding. The cash position is described as satisfactory, with funding held at year-end covering approximately 11 months' expenditure, and the company is confirmed to be a going concern.
What the accounts disclose
Policies the charity declares
- Bullying and harassment policy and procedures
- Complaints handling
- Complaints policy and procedures
- Conflicting interests
- Financial reserves policy and procedures
- Internal charity financial controls policy and procedures
- Internal risk management policy and procedures
- Investment
- Paying staff
- Risk management
- Serious incident reporting policy and procedures
- Trustee conflicts of interest policy and procedures
- Trustee expenses policy and procedures
From the charity’s annual return (Part A, self-declared)
Self-declared on the annual return for the financial year ending 31/12/2025
- Employees paid over £60,000: 3 (£70,001–£80,000: 1; £80,001–£90,000: 1; £200,001–£250,000: 1)
Self-declared on the annual return for the financial year ending 31/12/2024
- Employees paid over £60,000: 6 (£70,001–£80,000: 3; £120,001–£130,000: 2; £250,001–£300,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Self-declared on the annual return for the financial year ending 31/12/2023
- Employees paid over £60,000: 6 (£60,001–£70,000: 3; £90,001–£100,000: 1; £110,001–£120,000: 1; £120,001–£130,000: 1)
- Trustee benefits, answered Yes to: any trustee benefit; payments to trustees for services to the charity
Structured financials (annual return, FY ending 31/12/2025)
Trustees
- Cressida Bathsheba Kathleen Pollockchair
- Barbara Maria Le Fleming
- Benjamin Tincq
- Irena Spazzapan
- JACK JEFFREY ANDREASEN CAVANAUGH
- Timothy James Ronald Kruger
Income and spending
| Financial year end | Income | Spending |
|---|---|---|
| 31/12/2025 | £2.7m | £2.7m |
| 31/12/2024 | £2.5m | £2.5m |
| 31/12/2023 | £2.8m | £2.8m |
Common questions
Is CARBON GAP LTD financially healthy?
Per its FY2025 accounts: The accounts state that the result for the year was £nil, with a significant currency loss of £125,431.56 related to USD funding. The cash position is described as satisfactory, with funding held at year-end covering approximately 11 months' expenditure, and the company is confirmed to be a going concern. Its FY2025 accounts were audited by Cocke, Vellacott & Hill.
Who funds CARBON GAP LTD?
Funders whose own accounts filings name CARBON GAP LTD as a grant recipient include Quadrature Charitable Foundation, LTPP, THE IAN FLEMING CHARITABLE TRUST.
Known funders
| Funder | Year | Amount | Purpose (as stated by the funder) |
|---|---|---|---|
| Quadrature Charitable Foundation | FY2024 | £12.3m | |
| Quadrature Charitable Foundation | FY2023 | £1.3m | |
| LTPP | FY2025 | £120k | Work to build a Nordic Trade association on Carbon Dioxide Removal and assess options around including removals in the EU ETS scheme |
| THE IAN FLEMING CHARITABLE TRUST | FY2026 | £10k |
Funders of similar charities
| Funder | Similar charities funded | Amount to them |
|---|---|---|
| Tinsley Charitable Trust | 1 | £40k |
| CAMBRIDGE FORUM FOR THE CONSTRUCTION INDUSTRY | 1 | £8k |
| TRANSITION NETWORK | 1 | £2k |
Charities like this
Side by side with its peers
| Charity | Income | Top pay band | Staff >£60k | Reserves vs policy | Fundraising cost | Going concern |
|---|---|---|---|---|---|---|
| CARBON GAP LTD | £2.7m | — | — | unclear | — | no doubt |
| CAMBRIDGE CARBON FOOTPRINT | £151k | — | 0 | below | — | no doubt |
| THE CARBON COMMUNITY | £246k | — | — | above | — | no doubt |
| CARBON COPY NETWORK | £240k | — | 0 | unclear | — | no doubt |
| ZERO CARBON GUILDFORD | £363k | — | 0 | within | — | no doubt |