for the Period Ended 31 May 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 31 May 2023
Basis of measurement and preparation
for the Period Ended 31 May 2023
2023 | 2022 | |
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Average number of employees during the period | | |
for the Period Ended 31 May 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2022 | | | | |||
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 May 2023 | | | | |||
Depreciation | ||||||
At 1 June 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 May 2023 | | | | |||
Net book value | ||||||
At 31 May 2023 | | | | |||
At 31 May 2022 | | | |
for the Period Ended 31 May 2023
2023 | 2022 | |
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£ | £ | |
Other creditors | | |
Total | | |
Karma Seas CIC was set up in May 2019 in response to a lack of diversity and inclusion in sports. In particular disabled children and adults, older people, women and girls, the LGBT+ community and socially/economically disadvantaged people lack opportunities to participate in the health & fitness activities which improve mental well-being and social connectedness. Typically, adults with a learning disability spend less than one hour outside their home on a weekend, and older people, ethnic minorities, LGBT+ people and economically deprived people suffer increased levels of isolation and exclusion. We aim to continue to provide opportunities and participation in group sport and water-based therapy by providing affordable, adaptive and inclusive surfing, open water safety skills, yoga and mindfulness.By engaging with local individuals, groups and charities we have continued to offer affordable and accessible surf therapy, yoga and mindfulness to a wide range of people in the community who could previously not access the therapeutic and social benefits of participation. We have reached people of all ages, abilities and backgrounds and been able to offer access to activity which has proven benefits to physical and mental wellbeing, building social connectedness and friendships. Through our activities we have also engaged with people who benefit from volunteering – gaining new social and employability skills, training and developing a network of friends, feeling more integrated with their community regardless of varying abilities and developing competence and confidence alongside the knowledge they are now able to help people and add value to their community. Our main challenges were to reach the people who have the most to benefit from participating and volunteering with us, to secure good quality sports and safety equipment including adapted equipment to enable as many people as possible to participate, which has been achieved through working with local voluntary organisations, charities and groups, as well as targeting our media exposure to reach people who may not already be part of such a group.
Feedback from stakeholders provided insight into the outcomes from the sessions we have run. All feedback from projects has been positive and we collated feedback using questionnaires, emails, letters and social media messages. The positive impacts reported by stakeholders, particularly given the introduction of more specialized equipment such as the seated board, included improved access and connectedness within grass roots sports and the local community, improved physical health, fitness and mental wellbeing, improved confidence to try new activities and engage with other people, feeling included and part of a group, being able to participate in activities they never thought they would be able to. People previously isolated and excluded from sport could now take part in a fully inclusive, affordable group in the local community, make friends locally, become healthier and fitter, have something to look forward to, feel like they have new opportunities and confidence to try other things, improved sleep, coordination and anxiety levels, feel more equal to other people accessing mainstream sporting activities.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 February 2024
And signed on behalf of the board by:
Name: julia thomas
Status: Director