for the Period Ended 31 July 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
13 months to 31 July 2023 | ||
---|---|---|
| £ | |
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 | 13 months to 31 July 2023 | ||
---|---|---|---|
| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 3 | ( | |
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
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 July 2023
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 July 2023
13 months to 31 July 2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 July 2023
13 months to 31 July 2023 | ||
---|---|---|
£ | ||
Taxation and social security | | |
Total | |
Tight Lines CIC, committed to promoting wellness through angling, has made a significant impact on the community since its formation: Facilitated outdoor activities, with 30–50 attendees per event, promoted physical and mental well-being among participants while reducing social isolation and loneliness, particularly among older individuals. Provided access to angling equipment and expertise, fostering skill development and confidence among participants. Supported the local economy by sourcing bait, tackle, and refreshments from nearby businesses, contributing to the community's economic growth. Created volunteer opportunities and work experience, including coaching and administrative roles within the organisation. Established partnerships with local authorities and organisations such as Devon & Cornwall Police, the NHS, and social prescribers, enhancing community engagement and support networks. Promoted environmental awareness and sustainable fishing practices through educational workshops and initiatives, contributing to a greener and more sustainable community. Organised well-attended monthly talks at Wendron Football Club, featuring speakers from the wellness and angling industries, fostering knowledge sharing and community collaboration. Collaborated with local businesses such as Falmouth Harbour, Falmouth/Exeter, and Plymouth University, strengthening community ties and support networks. In addition, Tight Lines CIC has worked closely with local schools in Helston and Truro, supporting children who are struggling to fit into the school system due to social issues, exclusion, and other challenges. Through these initiatives, Tight Lines CIC has played a crucial role in promoting well-being, inclusivity, and community cohesion, making a positive difference in the lives of individuals and families across the region.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 February 2024
And signed on behalf of the board by:
Name: Justin Keight
Status: Director