CITY TO SEA C.I.C.

Company Registration Number:
09948596 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

CITY TO SEA C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

CITY TO SEA C.I.C.

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Natalie Fee


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
26 September 2024

And signed on behalf of the board by:
Name: Natalie Fee
Status: Director

CITY TO SEA C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 743,990 1,205,826
Gross profit(or loss): 743,990 1,205,826
Administrative expenses: ( 767,838 ) ( 1,197,992 )
Operating profit(or loss): (23,848) 7,834
Profit(or loss) before tax: (23,848) 7,834
Tax: ( 1,937 )
Profit(or loss) for the financial year: (23,848) 5,897

CITY TO SEA C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,178 2,380
Total fixed assets: 2,178 2,380
Current assets
Debtors: 4 101,184 82,763
Cash at bank and in hand: 64,909 179,177
Total current assets: 166,093 261,940
Prepayments and accrued income: 80 0
Creditors: amounts falling due within one year: 5 ( 74,270 ) ( 138,064 )
Net current assets (liabilities): 91,903 123,876
Total assets less current liabilities: 94,081 126,256
Creditors: amounts falling due after more than one year: 6 ( 25,300 ) ( 43,700 )
Accruals and deferred income: ( 10,073 )
Total net assets (liabilities): 58,708 82,556
Capital and reserves
Called up share capital: 3 3
Profit and loss account: 58,705 82,553
Total Shareholders' funds: 58,708 82,556

The notes form part of these financial statements

CITY TO SEA C.I.C.

Balance sheet statements

For the year ending 31 December 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 26 September 2024
and signed on behalf of the board by:

Name: Natalie Fee
Status: Director

The notes form part of these financial statements

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    All fixed assets are recorded at cost less accumulated depreciation. The entity has the following asset classes: Computer Equipment. 25% Straight Line Office Equipment. 25% Straight Line

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 12 18

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 8,730 8,730
Additions 2,541 2,541
Disposals
Revaluations
Transfers
At 31 December 2023 11,271 11,271
Depreciation
At 1 January 2023 6,350 6,350
Charge for year 2,743 2,743
On disposals
Other adjustments
At 31 December 2023 9,093 9,093
Net book value
At 31 December 2023 2,178 2,178
At 31 December 2022 2,380 2,380

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 101,184 82,613
Other debtors 150
Total 101,184 82,763

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 22,209 25,720
Taxation and social security 8,585 16,097
Accruals and deferred income 10,073 62,133
Other creditors 33,403 34,114
Total 74,270 138,064

CITY TO SEA C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 25,300 43,700
Total 25,300 43,700

COMMUNITY INTEREST ANNUAL REPORT

CITY TO SEA C.I.C.

Company Number: 09948596 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

2023 was a big year for City to Sea, with some significant campaign wins and ambitious new projects launching. Thanks to our incredible network of everyday activists, partners and communities around the UK, we’ve continued to fight for plastic-free options to be accessible and affordable for everyone. Our work in 2023 included: Political Advocacy and lobbying to call on the gov to ban the most polluting single-use plastic items. Refill Community action providing support to the 300+ Refill community led schemes in the UK and internationally. Launching a new programme ‘Refill Destinations’ for Local Authorities, to support them in growing reuse and refill in their regions. Innovation in prefill – launching a prefill reuse model in M&S in collaboration with Reposit, as part of a UKRI funded project, which continues to grow with Ecover and further retailers coming on board in 2024 and beyond. We ran our fourth World Refill Day, reaching millions of people around the world, positioning reuse as a solution to the plastic crisis. We launched our first ever Global Reuse Summit, which we streamed live on 16th June 2023 and created a digital hub to host all the recorded content after the event, for others to continue to enjoy and learn from. From brands and businesses, to researchers, campaigners and activists – we heard from leaders in the space, with sessions covering all aspects of the refill and reuse, including global policy, packaging, business innovation, and localised system change. We launched the Refill Return Cup Scheme in Bristol, with a blueprint digital guide for other cities to follow, tackling the millions of single-use cups used every year. We are now developing this scheme beyond the pilot stage, scaling it across UK universities and BIDs. Our impact: As of 2023, the Refill campaign has saved over 60 million plastic bottles from entering our waste streams (based on all UK Refill Stations being used once a day). We reached over half a million downloads of the Refill app, enabling more users than ever before to eat and drink with less plastic. 80% of Refill schemes say that Refill has enabled them to make a difference in their community and deliver a positive environmental impact. 81% of City to Sea supporters were motivated to reduce the amount of plastic they used by seeing a City to Sea campaign. 50% of respondents from our annual consumer survey report that they ‘always’ or ‘usually’ drink tap water over bottled water on the go and 75% say they ‘always’ or ‘usually’ drink tap water over bottled water at home.

Consultation with stakeholders

Trusts, grants and foundations – we work with a number of funding partners who contribute financially to City to Sea, or pay us to deliver work. Corporate partners – we have a number of strategically aligned corporate partners (brands, infrastructure providers and retailers) who contribute financially to City to Sea’s work and collaborate with us to sell reusable products and/or deliver innovative solutions to single-use plastic. Supporters – we have built a network of more than 100,000 supporters who we provide practical tips for living with less plastic as well ways to take action. Communities – through our Refill campaign we work with 300+ community schemes driving change on a local level across the UK. Councils – we also work with 90+ Local authorities to support them in reducing waste, tackling pollution and meeting their sustainability and climate commitments. We are developing the way we work with Local Authorities, since launching our Refill Destinations programme, a paid package which offers councils with more direct support and reporting to deliver growth of refill and reuse in their regions. Our stakeholders are communicated with regularly through a mixture of newsletters, training sessions, status calls / meetings and direct email (depending on the stakeholder group). They are all surveyed annually. We regularly consult with our stakeholders and community and survey results have guided our strategy, communications and campaigns activity. To read more about our impact in 2023 download the 2023 Refill Impact Report https://www.refill.org.uk/wp-content/uploads/2024/02/Refill-Campaign-Impact-Report.pdf

Directors' remuneration

£52,200

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Natalie Fee
Status: Director