ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Company limited by guarantee

Company Registration Number:
SC719826 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 14 January 2022

End date: 31 January 2023

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Principal activities of the company

After forming the company on 14th January 2022, we delivered our first lesson on 13th February and then went on to complete our first successful winter season on 11th April 2022. During the season, we delivered numerous adaptive ski lessons at The Lecht in Morayshire and Glenmore Lodge, Aviemore. These lessons ensured access to the sport for people with any form of disability at 2 venues which previously didn’t provide such opportunities. All lessons were delivered using our fantastic adaptive equipment in combination with expert teaching techniques. Beyond the winter, we continued to successfully deliver both private and group adaptive lessons at Glenmore Lodge dry slope throughout summer and autumn, starting our summer program in May 2022. This is another form of provision which previously didn’t exist at this or any other venue in the area. As winter 2022/23 approached, we formed a new partnership with Cairngorm Ski Club, agreeing to deliver their adaptive sessions every Sunday from January to March. Plans for the next season also included our usual private and group lesson provision and the introduction of an after school adaptive ski club for children with disabilities. Adaptive Snowsport Collective is still in its infancy and we hope to continue to test new ideas and grow the number of lessons in 2023 and beyond, all whilst ensuring we work towards our core aim of providing equal access to snowsports for people with a disability.



Directors

The directors shown below have held office during the whole of the period from
14 January 2022 to 31 January 2023

EDWARD HEWISON
DAISY FOTHERGILL


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
6 October 2023

And signed on behalf of the board by:
Name: EDWARD HEWISON
Status: Director

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Profit And Loss Account

for the Period Ended 31 January 2023

13 months to 31 January 2023


£
Turnover: 3,991
Cost of sales: ( 444 )
Gross profit(or loss): 3,547
Administrative expenses: ( 3,147 )
Operating profit(or loss): 400
Profit(or loss) before tax: 400
Profit(or loss) for the financial year: 400

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Balance sheet

As at 31 January 2023

Notes 13 months to 31 January 2023


£
Fixed assets
Tangible assets: 3 6,907
Total fixed assets: 6,907
Current assets
Cash at bank and in hand: 684
Total current assets: 684
Prepayments and accrued income: 9
Net current assets (liabilities): 693
Total assets less current liabilities: 7,600
Provision for liabilities: ( 275 )
Total net assets (liabilities): 7,325
Members' funds
Profit and loss account: 7,325
Total members' funds: 7,325

The notes form part of these financial statements

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Balance sheet statements

For the year ending 31 January 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 6 October 2023
and signed on behalf of the board by:

Name: EDWARD HEWISON
Status: Director

The notes form part of these financial statements

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    13 months to 31 January 2023
    Average number of employees during the period 2

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions
Disposals
Revaluations
Transfers 6,907 6,907
At 31 January 2023 6,907 6,907
Depreciation
Charge for year
On disposals
Other adjustments 0 0
At 31 January 2023 0 0
Net book value
At 31 January 2023 6,907 6,907

COMMUNITY INTEREST ANNUAL REPORT

ADAPTIVE SNOWSPORT COLLECTIVE SCOTLAND CIC

Company Number: SC719826 (Scotland)

Year Ending: 31 January 2023

Company activities and impact

After the company was founded in January 2022, we immediately began teaching people with disabilities at The Lecht Ski Centre and Glenmore Lodge. This included the delivery of both private and inclusive group lessons using the specialist equipment that the company owns and the skills that our highly qualified instructors possess. These lessons were successful with numerous repeat bookings.These lessons benefitted people with a variety of disabilities through the provision of lessons at two venues which did not previously offer them. Improving access to the sport for people with disabilities is the key aim of the company and we have begun to achieve this at two venues so far, with plans for more in the future.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid through Directors Renumeration in the financial year was £37.94 as listed within the accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
6 October 2023

And signed on behalf of the board by:
Name: Edward Hewison
Status: Director