THE ELEMENTAL ADVENTURES PROJECT CIC

Company limited by guarantee

Company Registration Number:
11465145 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE ELEMENTAL ADVENTURES PROJECT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

THE ELEMENTAL ADVENTURES PROJECT CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 8 months to 31 March 2023


£

£
Turnover: 96,564 84,110
Cost of sales: ( 3,086 ) ( 1,356 )
Gross profit(or loss): 93,478 82,754
Administrative expenses: ( 99,409 ) ( 78,133 )
Operating profit(or loss): (5,931) 4,621
Profit(or loss) before tax: (5,931) 4,621
Tax: ( 59 )
Profit(or loss) for the financial year: (5,931) 4,562

THE ELEMENTAL ADVENTURES PROJECT CIC

Balance sheet

As at 31 March 2024

Notes 2024 8 months to 31 March 2023


£

£
Fixed assets
Tangible assets: 3 3,286 9,307
Total fixed assets: 3,286 9,307
Current assets
Debtors: 4 830 86
Cash at bank and in hand: 23,052 30,571
Total current assets: 23,882 30,657
Creditors: amounts falling due within one year: 5 ( 23,266 ) ( 30,457 )
Net current assets (liabilities): 616 200
Total assets less current liabilities: 3,902 9,507
Total net assets (liabilities): 3,902 9,507
Members' funds
Profit and loss account: 3,902 9,507
Total members' funds: 3,902 9,507

The notes form part of these financial statements

THE ELEMENTAL ADVENTURES PROJECT CIC

Balance sheet statements

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

Name: Graeme Dow
Status: Director

The notes form part of these financial statements

THE ELEMENTAL ADVENTURES PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 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

THE ELEMENTAL ADVENTURES PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 8 months to 31 March 2023
    Average number of employees during the period 2 3

THE ELEMENTAL ADVENTURES PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 11,465 6,600 18,065
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 11,465 6,600 18,065
Depreciation
At 1 April 2023 5,421 3,337 8,758
Charge for year 3,821 2,200 6,021
On disposals
Other adjustments
At 31 March 2024 9,242 5,537 14,779
Net book value
At 31 March 2024 2,223 1,063 3,286
At 31 March 2023 6,044 3,263 9,307

THE ELEMENTAL ADVENTURES PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 8 months to 31 March 2023
£ £
Trade debtors 830 86
Total 830 86

THE ELEMENTAL ADVENTURES PROJECT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 8 months to 31 March 2023
£ £
Taxation and social security 814 59
Accruals and deferred income 18,285 28,088
Other creditors 4,167 2,310
Total 23,266 30,457

COMMUNITY INTEREST ANNUAL REPORT

THE ELEMENTAL ADVENTURES PROJECT CIC

Company Number: 11465145 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company runs The Elemental Adventures Project CIC, which runs mostly from Coed Blaenigau Woods, West Wales, and occasionally at other sites, such as schools, community events and holiday venues. Elemental Adventures is a not-for-profit social enterprise. It is focused on reconnecting people with nature, exploring outdoor play and learning, forest school, bushcraft, mindfulness, music and natural arts & crafts. It was incorporated in July 2018. During the financial year, the company’s activities have benefited the community in the following ways: Promoting nature based learning and experiences through workshops, events and community building activities, such as parent & toddler and home education groups. These activities have provided opportunities for a healthier lifestyle, encouraging access and connection to the natural world. Through education and involvement, people have practiced activities that build skills and confidence and are sustainable and healthy for both people and the environment. Promoting ecological awareness and restoration through sustainable woodland management. This has provided opportunities to gain and improve skills in traditional and new ways of working with natural resources.

Consultation with stakeholders

The company’s stakeholders are the local residents and also visitors to the area, as well as the local schools, charities and social enterprises that have engaged with the project. We use questionnaires, online and in printed form at our events, to get feedback on what we offer and also ideas about what people would like us to offer. These days give us great opportunities to gather face to face feedback and we have constantly engaged with people visiting the project to find out their needs. Our research has enabled us to develop the various events and sessions that we provide and allowed us to grow through this year of our trading.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £55,774.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 September 2024

And signed on behalf of the board by:
Name: Graeme Dow
Status: Director