SURFABILITY UK CIC

Company limited by guarantee

Company Registration Number:
08604803 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2023

Period of accounts

Start date: 1 August 2022

End date: 31 July 2023

SURFABILITY UK CIC

Contents of the Financial Statements

for the Period Ended 31 July 2023

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

SURFABILITY UK CIC

Directors' report period ended 31 July 2023

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

Principal activities of the company

The company's principal activity during the year continued to be providing surfing lessons andexperiences to people in the community who are disabled or have learning difficulties and also theParents, carers and siblings of the participants.



Directors

The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 2023

Benjamin Clifford
Nathan John
Benedict Hal Room


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
27 March 2024

And signed on behalf of the board by:
Name: Benjamin Clifford
Status: Director

SURFABILITY UK CIC

Profit And Loss Account

for the Period Ended 31 July 2023

2023 2022


£

£
Turnover: 198,666 208,892
Gross profit(or loss): 198,666 208,892
Administrative expenses: ( 218,657 ) ( 180,988 )
Operating profit(or loss): (19,991) 27,904
Interest payable and similar charges: ( 440 ) ( 428 )
Profit(or loss) before tax: (20,431) 27,476
Tax: 0 ( 3,281 )
Profit(or loss) for the financial year: (20,431) 24,195

SURFABILITY UK CIC

Balance sheet

As at 31 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 56,159 42,165
Total fixed assets: 56,159 42,165
Current assets
Cash at bank and in hand: 19,057 45,526
Total current assets: 19,057 45,526
Creditors: amounts falling due within one year: 4 ( 9,930 ) ( 14,845 )
Net current assets (liabilities): 9,127 30,681
Total assets less current liabilities: 65,286 72,846
Creditors: amounts falling due after more than one year: 5 ( 13,483 ) ( 612 )
Total net assets (liabilities): 51,803 72,234
Members' funds
Profit and loss account: 51,803 72,234
Total members' funds: 51,803 72,234

The notes form part of these financial statements

SURFABILITY UK CIC

Balance sheet statements

For the year ending 31 July 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 27 March 2024
and signed on behalf of the board by:

Name: Benjamin Clifford
Status: Director

The notes form part of these financial statements

SURFABILITY UK CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discountsand value added taxes. Turnover includes revenue earned from the sale of goods and from therendering of services. Turnover from the sale of goods is recognised when the significant risksand rewards of ownership of the goods have transferred to the buyer. Turnover from the renderingof services is recognised by reference to the stage of completion of the contract. The stage ofcompletion of a contract is measured by comparing the costs incurred for work performed to dateto the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulativeimpairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land,at rates calculated to write off the cost, less estimated residual value, of each asset evenly over itsexpected useful life, as follows:Freehold buildings over 50 yearsLeasehold land and buildings over the lease termPlant and machinery over 5 yearsFixtures, fittings, tools and equipment over 5 years

SURFABILITY UK CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 13 9

SURFABILITY UK CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 8,011 89,766 10,240 108,017
Additions 0 6,266 21,456 27,722
Disposals
Revaluations
Transfers
At 31 July 2023 8,011 96,032 31,696 135,739
Depreciation
At 1 August 2022 817 54,795 10,240 65,852
Charge for year 164 10,882 2,682 13,728
On disposals
Other adjustments
At 31 July 2023 981 65,677 12,922 79,580
Net book value
At 31 July 2023 7,030 30,355 18,774 56,159
At 31 July 2022 7,194 34,971 0 42,165

SURFABILITY UK CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 9,930 14,845
Total 9,930 14,845

SURFABILITY UK CIC

Notes to the Financial Statements

for the Period Ended 31 July 2023

5. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Amounts due under finance leases and hire purchase contracts 13,483 612
Total 13,483 612

COMMUNITY INTEREST ANNUAL REPORT

SURFABILITY UK CIC

Company Number: 08604803 (England and Wales)

Year Ending: 31 July 2023

Company activities and impact

Surfability UK CIC provides surfing lessons and experiences to people in the community who are disabled or have learning difficulties and also the Parents, carers and siblings of the participants. Surfability UK aims to make surfing as accessable and inclusive as possible to people with disabilities and learning difficulties and has done so to great effect over the period covered by this report.Over the course of the year we worked with around 1300 people. Surfability currently runs sessions for between 50 and 70 people per week and has been building a strong community through providing access to the beach and through people volunteering to assist with sessions. We have provided surfing experiences for people with many kinds of disability. Participants this year have included; people with autistic spectrum conditions and Asperger’s syndrome, people with Angelmans syndrome, people with Downs syndrome, people with dyslexia, dyspraxia and ADHD, people with cerebral palsy, people with dwarfism, blind and partially sighted people, amputees, people with athrogryposis, people with kyphoscoliosis, people with diplegia, hemiplegia and quadriplegia. We continue to improve our ofering for wheelchair users. Having three seated tandem surfboards for wheelchair users who cannott sit up unaided has allowed us to greatly improve inclusion by wheelchair users, as well as having multiple wheelchair users in the water at the same time. We have been working lonside Swansea Council to assist with hiring out (for free) their beach wheelchairs. This means that anyone from the public who needs to use a chair can access one easily. We saw lots of elderly people enjoying the beach this year thanks to this access. Another great development has been our bespoke wellbeing index that has been helping us show the impact of our activities.

Consultation with stakeholders

The stakeholders of Surfability UK are the participants in surfing sessions who have disabilities and or learning difficulties, their parents and carers, also groups and schools that provide support for these people.Verbal consultation has been conducted through meeting with regular groups and changes made from the feedback such as altering times and lengths of sessions and the number of participants in sessions. Our stakeholders are also consulted in order to ascertain what equipment and training would be most useful in promoting their inclusion in surfing. This advice was followed when investing in training and equipment.As part of a National Lottery funded project we have developed our own well being index in order to measure the impact of surfing on our participants. This was developed through focus groups with service users, parents, carers and professionals.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services is provided in our accounts, namely £31,200 for Ben Clifford.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for the director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 March 2024

And signed on behalf of the board by:
Name: Benjamin Clifford
Status: Director