EVOLUTION SWIM SCHOOL C.I.C.

Company limited by guarantee

Company Registration Number:
SC671985 (Scotland)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 September 2023

End date: 30 June 2024

EVOLUTION SWIM SCHOOL C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

EVOLUTION SWIM SCHOOL C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

10 months to 30 June 2024 2023


£

£
Turnover: 225,535 302,442
Cost of sales: ( 215,052 )
Gross profit(or loss): 225,535 87,390
Distribution costs: ( 182,235 )
Administrative expenses: ( 68,013 ) ( 72,280 )
Operating profit(or loss): (24,713) 15,110
Profit(or loss) before tax: (24,713) 15,110
Tax: 0 ( 2,908 )
Profit(or loss) for the financial year: (24,713) 12,202

EVOLUTION SWIM SCHOOL C.I.C.

Balance sheet

As at 30 June 2024

Notes 10 months to 30 June 2024 2023


£

£
Current assets
Cash at bank and in hand: 3,634 31,956
Total current assets: 3,634 31,956
Creditors: amounts falling due within one year: 3 ( 3,336 ) ( 6,948 )
Net current assets (liabilities): 298 25,008
Total assets less current liabilities: 298 25,008
Total net assets (liabilities): 298 25,008
Members' funds
Profit and loss account: 298 25,008
Total members' funds: 298 25,008

The notes form part of these financial statements

EVOLUTION SWIM SCHOOL C.I.C.

Balance sheet statements

For the year ending 30 June 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 19 September 2024
and signed on behalf of the board by:

Name: Kieran McGuckin
Status: Director

The notes form part of these financial statements

EVOLUTION SWIM SCHOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EVOLUTION SWIM SCHOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    10 months to 30 June 2024 2023
    Average number of employees during the period 2 2

EVOLUTION SWIM SCHOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

10 months to 30 June 2024 2023
£ £
Taxation and social security 4,104
Other creditors 3,336 2,844
Total 3,336 6,948

COMMUNITY INTEREST ANNUAL REPORT

EVOLUTION SWIM SCHOOL C.I.C.

Company Number: SC671985 (Scotland)

Year Ending: 30 June 2024

Company activities and impact

Evolution Swim School CIC has provided 2800 free swimming lessons to socially and economically disadvantaged children and young people across Falkirk and Edinburgh from July 2023 - June 2024. Evolution Swim School CIC has also provided a weekly additional support needs learn to swim club supporting up to 10 children weekly providing free swimming lessons during the school term time, equating to 60 hours of teaching time. Evolution Swim School CIC has also worked with Scottish Swimming Disability on 2 para sports day festivals and a muscle dystrophy festival in both Falkirk and Edinburgh. By participating in our swimming lessons, we provide the following tangible benefits: 1. A safe and welcoming environment 2. Opportunity to be more socially connected 3. Develop communication skills with teacher and peers 4. Develop and improve learning skills – both visual and verbal 5. Improve CYP skills and confidence 6. Improve self-worth and belief in their own abilities 7. Learn to swim 8. Improve physical and mental health

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £79,324 for this Financial Year 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
19 September 2024

And signed on behalf of the board by:
Name: Kieran McGuckin
Status: Director