RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Company Registration Number:
11200367 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2023

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

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 15,876 25,681
Cost of sales: ( 7,898 ) ( 18,762 )
Gross profit(or loss): 7,978 6,919
Administrative expenses: ( 13,897 ) ( 28,219 )
Other operating income: 19,143
Operating profit(or loss): (5,919) (2,157)
Profit(or loss) before tax: (5,919) (2,157)
Profit(or loss) for the financial year: (5,919) (2,157)

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 0 7,644
Total fixed assets: 0 7,644
Creditors: amounts falling due within one year: 4 ( 4,675 ) ( 8,195 )
Net current assets (liabilities): (4,675) (6,400)
Total assets less current liabilities: (4,675) 1,244
Total net assets (liabilities): (4,675) 1,244
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (4,775 ) 1,144
Total Shareholders' funds: ( 4,675 ) 1,244

The notes form part of these financial statements

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 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 26 October 2023
and signed on behalf of the board by:

Name: Rachel Dodd
Status: Director

The notes form part of these financial statements

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 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

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 1

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 3,150 1,049 574 4,831 9,604
Additions
Disposals ( 3,150 ) ( 1,049 ) ( 574 ) ( 4,831 ) ( 9,604 )
Revaluations
Transfers
At 28 February 2023 0 0 0 0 0
Depreciation
At 1 March 2022 350 230 162 1,218 1,960
Charge for year
On disposals ( 350 ) ( 230 ) ( 162 ) ( 1,218 ) ( 1,960 )
Other adjustments
At 28 February 2023 0 0 0 0 0
Net book value
At 28 February 2023 0 0 0 0 0
At 28 February 2022 2,800 819 412 3,613 7,644

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 25
Accruals and deferred income 613
Other creditors 4,650 7,582
Total 4,675 8,195

COMMUNITY INTEREST ANNUAL REPORT

RIVERSHACK ACTIVITEES COMMUNITY INTEREST COMPANY

Company Number: 11200367 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

RiverShack CIC exists to promote and facilitate recreational use of the non-tidal River Tees and runs services that provide access to the River Tees for people of all ages, abilities and incomes. The organisation’s operational season runs between Easter and the end of September, as these are times when river conditions are favourable, and the weather is also suitable for outdoor pursuits. RiverShack CIC also supports public events on the river to promote the area in a positive way, such as Yarm’s Carols on the Cobbles event and provides support for fund raising activities for schools and community groups.We focus upon providing two main service types during the season:-Or ganised trips for schools and community groups during weekdays and school holidays.- Scheduled itineraries for public access at weekends. However, in recent years we have noted that river conditions are less consistent and hence there is an impact to our operational season, with flooding and poor weather reducing the times we are able to open.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Rachel Dodd
Status: Director