ETHICAL ACTIVITIES CIC

Company limited by guarantee

Company Registration Number:
14085221 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

ETHICAL ACTIVITIES CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

ETHICAL ACTIVITIES CIC

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Stuart Watson
Thomas Foster


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
14 June 2024

And signed on behalf of the board by:
Name: Stuart Watson
Status: Director

ETHICAL ACTIVITIES CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 13 months to 31 May 2023


£

£
Turnover: 13,401 7,362
Cost of sales: ( 6,140 ) ( 1,672 )
Gross profit(or loss): 7,261 5,690
Administrative expenses: ( 10,102 ) ( 5,779 )
Other operating income: 250 3,485
Operating profit(or loss): (2,591) 3,396
Profit(or loss) before tax: (2,591) 3,396
Profit(or loss) for the financial year: (2,591) 3,396

ETHICAL ACTIVITIES CIC

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Fixed assets
Tangible assets: 3 3,531 4,875
Total fixed assets: 3,531 4,875
Current assets
Debtors: 4 2,080
Cash at bank and in hand: 1,789 6,035
Total current assets: 3,869 6,035
Prepayments and accrued income: 1,694 1,290
Creditors: amounts falling due within one year: 5 ( 8,290 ) ( 8,305 )
Net current assets (liabilities): (2,727) (980)
Total assets less current liabilities: 804 3,895
Accruals and deferred income: ( 500 )
Total net assets (liabilities): 804 3,395
Members' funds
Profit and loss account: 804 3,395
Total members' funds: 804 3,395

The notes form part of these financial statements

ETHICAL ACTIVITIES CIC

Balance sheet statements

For the year ending 31 May 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 14 June 2024
and signed on behalf of the board by:

Name: Stuart Watson
Status: Director

The notes form part of these financial statements

ETHICAL ACTIVITIES CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

    Tangible fixed assets depreciation policy

    All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows: Plant and Machinery 25% straight line

ETHICAL ACTIVITIES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 0 0

ETHICAL ACTIVITIES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 6,500 6,500
Additions 300 300
Disposals
Revaluations
Transfers
At 31 May 2024 6,800 6,800
Depreciation
At 1 June 2023 1,625 1,625
Charge for year 1,644 1,644
On disposals
Other adjustments
At 31 May 2024 3,269 3,269
Net book value
At 31 May 2024 3,531 3,531
At 31 May 2023 4,875 4,875

ETHICAL ACTIVITIES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 13 months to 31 May 2023
£ £
Trade debtors 2,080
Total 2,080

ETHICAL ACTIVITIES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 May 2023
£ £
Trade creditors 861 591
Other creditors 7,429 7,714
Total 8,290 8,305

COMMUNITY INTEREST ANNUAL REPORT

ETHICAL ACTIVITIES CIC

Company Number: 14085221 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

In 2023 - 2024 we delivered 327 opportunities for outdoor experiences and activities across our bases in Plymouth and Ringwood. 60 places were the summer kayak club in collaboration with Carvers Youth Project in Ringwood. These gave young people the chance to attend 1 or more paddlesport sessions at a local lake. This was provided free at point of delivery including transport from the Carvers clubhouse. 24 young people experienced canoe journeys on the river Plym estuary in collaboration with National Trust Saltram. 200 adults participated in paddlesports as part of the Winchester round table charity race: pedals, paddle, pace. 24 were adults experiencing themselves as nature, rather than in nature, through whitewater kayaking on Dartmoor. 19 participants attended instructor training to receive nationally recognised qualifications in paddlesport and mountain biking. This directly benefits the outdoors community because British Canoeing and Mountain-bike Instructors’ Award Scheme qualified people can support our future delivery of activities.

Consultation with stakeholders

Our stakeholders fall into three broad categories: activity participants, people delivering these activities, and organisations that deliver, enable or support the first two. The opportunity for consultation happens before, during, and after our activities. Ahead of delivery we ask for feedback and access requirements of participants to ensure their learning needs are met. This is part of our safe, fun, learning approach; a deep sense of safety is foundational for fun and engaging learning experiences. Actions that result from this often include changing aspects of delivery to make it more accessible, such as: providing written materials in plain language, reducing social and sensory demands that are not necessary for the session, and adapting materials so they can be read by screen readers. During activities participants have the opportunity to co-create their experience rather than assimilate or submit to a fixed hierarchy. This dynamic approach to consultation during activities means participants are actively involved in decision making and actions that impact them. After sessions we always build in time for reflection and feedback. This is extended in an open ended manner: any modality of feedback is integrated into our reflective practice once the specific session is over. This leads us to actions for future funding bids, such as hearing from previous participants about their current sense of place and self a year on from the activity they took part in. Our stakeholders told us they often felt excluded from national governing body qualifications. Our key action from this year's consultation was to develop our partnership with Plymouth Marjon University to support research to understand how instructor training can become more community centred.

Directors' remuneration

The total remuneration to directors was £3480. This was on a self-employed basis and breaks down as follows: Thomas Foster £1380, Stuart Watson £2100. This was for professional services delivered as subcontractors. For example, leading canoe or mountain bike sessions. Both directors volunteered, on average, 20 hours a month each on directors’ duties to ensure legal, financial and governance responsibilities were met.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Stuart Watson
Status: Director