EXCITE ACTIVE CIC

Company limited by guarantee

Company Registration Number:
11408927 (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

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Contents of the Financial Statements

for the Period Ended 30 June 2023

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

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Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal activities of the company

The principal activity of the company in the year under review was that of Sports and recreation education.



Directors

The directors shown below have held office during the whole of the period from
1 July 2022 to 30 June 2023

J H ASQUITH
D J BLAKE
B A C PYE


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
11 March 2024

And signed on behalf of the board by:
Name: J H ASQUITH
Status: Director

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Profit And Loss Account

for the Period Ended 30 June 2023

2023 2022


£

£
Turnover: 12,994 36,140
Gross profit(or loss): 12,994 36,140
Administrative expenses: ( 12,994 ) ( 36,140 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

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Balance sheet

As at 30 June 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 1,943 6,440
Total current assets: 1,943 6,440
Creditors: amounts falling due within one year: 3 ( 1,943 ) ( 6,440 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

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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 11 March 2024
and signed on behalf of the board by:

Name: J H ASQUITH
Status: Director

The notes form part of these financial statements

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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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.Turnover represents grants and donations receivable from The Department for Work & Pensions, Sport Birmingham, Easyfundraising, LocalGiving, and Greene King. Grants relating to specific projects are credited to the profit and loss account to the extent that the project has been completed at the balance sheet date, with any ongoing surplus funds being held as accrued income in other creditors to match against future project defrayment.

    Other accounting policies

    TaxationTaxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.Current or deferred taxation assets and liabilities are not discounted.Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.Deferred taxDeferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 1

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Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 1,943 6,440
Total 1,943 6,440

COMMUNITY INTEREST ANNUAL REPORT

EXCITE ACTIVE CIC

Company Number: 11408927 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

The company delivered skills training sessions (including first aid training) and expeditions for young people, following the framework of the Duke of Edinburgh’s Award (“the Award”.) The emphasis was to target people from BAME areas, as well as areas of poverty. The company also delivered free touch rugby sessions for adults, also targeting an area of poverty. The community has benefitted in the following ways: - Young people have been given the opportunity to engage in personal development activities, building skills such as communication, teamwork and leadership, as well as building qualities such as resilience and confidence. - Participants have received the support required to enable them to engage in self-led activities (physical activity, development of hobbies and interests, and volunteering opportunities) within their communities. - The touch rugby sessions have been praised by participants as a fun way to engage with other members of the community and improve physical fitness.

Consultation with stakeholders

The company’s primary stakeholders are young people (ages 13 - 15) and their parents and adult supervisors (primarily teachers.) During the financial year in question, these young people were situated in the areas between Oldbury and Dudley, and Aston and Great Barr in the West Midlands. The company’s other stakeholders are adults seeking to engage with their local communities and improve their physical fitness in the North Edgbaston area in the West Midlands. The directors all have extensive voluntary experience of the Award and/or local grassroots sport, and the company promotes low-or-no-cost engagement in these activities.All beneficiaries were surveyed twice over their course of activities; first at the commencement of activities and once at the end of the project activities, prior to the evaluation stage. The young people we engaged with have begun to find it easier to access suitable activities for the Award than in previous years, although they still required some additional support, which the company has put in place in the form of one-to-one guidance. Their feedback has been extremely positive, with confidence in engaging with enrichment activities noticeably improved from previous years. The positive outcomes of this work are reflected clearly in the project evaluation, which demonstrates that stakeholders have improved in their individual key skills areas (confidence, organisation etc.) With regard to the adults we engaged in sporting activities, as this was a new activity for the company, in addition to being surveyed at project launch and once the project had concluded, they were also consulted at the initial planning stage. Their input demonstrated a clear need for community engagement and physical activity and formed the foundation of the project which was ultimately delivered. We also adjusted the schedule of these activities in response to feedback and saw an increase to participant numbers as a result.

Directors' remuneration

During the financial year in question, the company paid £7,145.19 to Director Mr J Asquith for administration, courses and sessional & supporting work provided.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for 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
11 March 2024

And signed on behalf of the board by:
Name: John Asquith
Status: Director