for the Period Ended 28 February 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 February 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 March 2022 to 28 February 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Tax: | ( | |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 28 February 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2023 | | | ||||
Depreciation | ||||||
At 1 March 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2023 | | | ||||
Net book value | ||||||
At 28 February 2023 | | | ||||
At 28 February 2022 | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Total | | |
for the Period Ended 28 February 2023
2023 | ||
---|---|---|
£ | ||
Other creditors | | |
Total | |
for the Period Ended 28 February 2023
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
---|---|
Balance at 28 February 2022 | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 28 February 2023 | |
During the financial year February 28th 2022 – February 28th 2023, we were developing our work as a CIC; building contacts, seeking funding, and starting to deliver activities. Our organisation has three areas of work: marine conservation, marine research and outreach.The development phase involved attending meetings and making connections with important organisations within the community such as Pembrokeshire Association of Voluntary Services (PAVS), The Outdoor Partnership, Pembrokeshire Coastal Forum (PCF), and Project Siarc.We also participated in workshops, including those on Day Opportunities and Social Enterprises. We attended meetings with other providers and advisors and started to pursue funding through PAVS Funding fair and were granted funding by Hiraeth Energy to deliver outreach activities in the local community.Over this time-period our outreach activities included:Girl’s beach and snorkelling day funded by The Outdoor partnership.Talk delivered in the Darwin Tent at the Big retreat Festival.Talk on marine biology delivered to year 1-6 at a London primary school.Interactive presentation delivered to year 3 at a local primary school.Interactive workshop delivered to a Value Independence, a local day services centre for adults with additional needs.Attended ‘Time to Talk’ event at Milford Haven secondary school where we provided information on the marine environment, encouraging students to broaden their horizons.Talk on Pembrokeshire marine life to Aquacity Freediving club.Delivered an interactive presentation to Sea Trusts Marine Biology club.Provided volunteering experience for local and UK-based early career adults.Began the planning process for co-delivering a Water Inclusivity Day with The OutdoorPartnership, Windswept and Wild Swim WalesOver this time-period our citizen science activities included:Baited Remote Underwater Video System (BRUVS) surveys.Finding a local beach to adopt for quarterly beach cleans in which every piece of litter is recorded and reported back to the Marine Conservation Society who enter the data into an international database of marine litter.Conducted eggcase hunts and reported the findings to the Shark Trust as part of anongoing international citizen science program.Contributed shark, skate and ray sightings data to the Great Shark Snapshot project led by the Shark Trust.Over this time-period our research activities included:Detailed recordings of marine megafauna sightingsRecording and sharing Manx Sheerwater sightings with Skomer island wardensRecording important information on the blue sharks encountered during Celtic Deep Ltd. trips.Participated in novel and innovative shark tagging that prioritises animal welfare.Summer deployment of our C-POD (acoustic listening device) in Saundersfoot Bay to record information on how porpoise use the area.Presented research at the Sharks International Conference that takes place every 4 years.Over this time-period staff training has included:First Aid trainingBSAC Snorkelling InstructorSSI Freediving InstructorSafeguarding trainingYouth Mental Health First Aid trainingImpacts and community benefitAlthough this was our first year, we are pleased with what we accomplished and the ever- increasing number of activities and events we have since been able to deliver beyond the timeframe of this report. We formed valuable relationships within the community and withother local organisations which have led to numerous collaborative projects since. During this year we delivered talks to hundreds of people across a large age range, difference backgrounds and different abilities.Our activities have benefitted the community by engaging them in the remarkable marine life found around our coasts and, in some cases, provided experiences that allowed participants to discover the marine environment first-hand. In addition to learning about local marine life, ithas also helped participants develop water confidence and in-water safety awareness. Gaining marine biology experience locally can be a challenge, so providing opportunities to get involved to our early career volunteers, meant we were not only able to provide them with first-hand experience but also provide letters of recommendation and act as references for pursuing further study and jobs.
We have many stakeholders, with our activities mainly working to serve the local community and a focus during this year on school age children and engaging with other community groups that already have a reach in the community.Consultation with stakeholders was limited during this time period, however, we did participate in a Day Opportunities workshop hosted by PAVS and discussed how our activities could be delivered to members of the community who are in need of these services. We alsoparticipated in Milford Haven secondary schools ‘Time to Talk’ session in which we surveyed the students (mainly year 11’s) as well as teachers and other present organisations (including Milford Youth Matters, Sandy Bear bereavement charity, and the mental health charity Mind) about what activities they would most like us to provide. Using PAVS this survey was further circulated and feedback from groups such as brownies, guides, ASD family support group and Fishguard Young Persons Trust was also received.The feedback from these events was extremely useful and has been used when applying for funding and internally deciding on how to best deliver activities. Further methods for engaging our stakeholders and providing feedback to them is something that we are working towards.
Full details are available in the accounts, director’s remuneration specifically on page 10.Page 7 point 8 of the accounts details a directors’ loan. No other remuneration has been received by the directors.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 November 2023
And signed on behalf of the board by:
Name: Richard Rees
Status: Director