ANOTHER WAVE C.I.C.

Company limited by guarantee

Company Registration Number:
12689647 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 1 July 2022

End date: 30 June 2023

ANOTHER WAVE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

ANOTHER WAVE C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 11,040 13,475
Cost of sales: ( 10,264 ) ( 11,979 )
Gross profit(or loss): 776 1,496
Administrative expenses: ( 200 ) ( 363 )
Operating profit(or loss): 576 1,133
Profit(or loss) before tax: 576 1,133
Tax: ( 109 ) ( 215 )
Profit(or loss) for the financial year: 467 918

ANOTHER WAVE C.I.C.

Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 14,458 18,882
Total current assets: 14,458 18,882
Creditors: amounts falling due within one year: 3 ( 12,730 ) ( 17,730 )
Net current assets (liabilities): 1,728 1,152
Total assets less current liabilities: 1,728 1,152
Total net assets (liabilities): 1,728 1,152
Members' funds
Profit and loss account: 1,728 1,152
Total members' funds: 1,728 1,152

The notes form part of these financial statements

ANOTHER WAVE C.I.C.

Balance sheet statements

For the year ending 30 June 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 7 November 2023
and signed on behalf of the board by:

Name: Mr George Stoy
Status: Director

The notes form part of these financial statements

ANOTHER WAVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

ANOTHER WAVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ANOTHER WAVE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 12,730 17,730
Total 12,730 17,730

COMMUNITY INTEREST ANNUAL REPORT

ANOTHER WAVE C.I.C.

Company Number: 12689647 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

The Company has delivered surf and swim sessions through three projects to our local community.-Polzeath Ladies Surf Club-The Gentlemans Surf Club-Fluro Saturdays Mental Wellbeing Surfs*Community building - meeting new people and making new friends*Combatting rural isolation*Year round weekly surf and swim sessions facilitating regular exercise in nature leading to improved fitness and confidence*Improved mental health*More confident through learning new skills and facing fears with support in the water.

Consultation with stakeholders

The company's stakeholders are adult surfers or those wanting to learn to surf in the local community in Cornwall. The directors have lived locally and seen a surf school industry and offering largely focused on tourism and visitors marketed as an activity for children.This led to missing representation and point of access to surfing and the ocean, noticeably amongst adult women.We asked all new attendees to complete a questionnaire to establis the needs, hopes and any fears from those signing up to surf.We establish a volunteer committee to help with communicationand organising events.

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
7 November 2023

And signed on behalf of the board by:
Name: Mr George Stoy
Status: Director