TRUE FAIR ECO TOURISM CIC

Company Registration Number:
07896287 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

TRUE FAIR ECO TOURISM CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

TRUE FAIR ECO TOURISM CIC

Directors' report period ended 31 January 2024

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

Principal activities of the company

True Fair Eco Tourism CIC is a not for profit organisation. Its objective is to develop eco-tourism capacity to the benefit of both tourists and communities visited. Tourists gain through a richer ‘cultural’ experience and local communities through receiving a greater proportion of the income spent by the tourists. Specialist areas include: Volunteer Tourism; Educational Tourism; Activity & Sports Tourism; Cultural Tourism; Event Tourism; Group Tourism. Activities range from (tourism) product development, training, marketing, website and social media, and appropriate preparation and induction of visitors, volunteers, students and tourists. The main source of activity is through the Atlantic Whale and Dolphin Foundation CIO and its funded programmes. Participating students enjoy the above activities. Turing fundings eligibility criteria has changed with effect that the Atlantic Whale and Dolphin Foundation CIO will no longer be eligible for funding and this programme will therefore end. The inability to replace Rebecca Bentham as a director has meant for this organisation will also cease to be viable.

Additional information

Changes in the eligibility criteria for funding from Turing has meant that the Atlantic Whale and Dolphin Foundation CIO can no longer apply for funding and this will make this organisation (True Fair Eco-Tourism CIC) no longer viable and this has been compounded with the inability to replace Rebecca Bentham as a director. The True Far Eco-Tourism CIC will therefore cease to operate.



Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Edwin Bentham


The director shown below has held office during the period of
1 February 2023 to 21 June 2023

Rebecca Bentham


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
25 October 2024

And signed on behalf of the board by:
Name: Edwin Bentham
Status: Director

TRUE FAIR ECO TOURISM CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 447,734 328,950
Cost of sales: 0 0
Gross profit(or loss): 447,734 328,950
Distribution costs: ( 379,308 ) ( 261,428 )
Administrative expenses: ( 80,218 ) ( 58,249 )
Other operating income: 0 0
Operating profit(or loss): (11,792) 9,273
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (11,792) 9,273
Tax: 0 0
Profit(or loss) for the financial year: (11,792) 9,273

TRUE FAIR ECO TOURISM CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 4,765 20,132
Investments:   0 0
Total current assets: 4,765 20,132
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 0 ( 19,132 )
Net current assets (liabilities): 4,765 1,000
Total assets less current liabilities: 4,765 1,000
Creditors: amounts falling due after more than one year: 4 ( 15,557 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (10,792) 1,000
Capital and reserves
Called up share capital: 1,000 1,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (11,792 ) 0
Total Shareholders' funds: ( 10,792 ) 1,000

The notes form part of these financial statements

TRUE FAIR ECO TOURISM CIC

Balance sheet statements

For the year ending 31 January 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 25 October 2024
and signed on behalf of the board by:

Name: Edwin Bentham
Status: Director

The notes form part of these financial statements

TRUE FAIR ECO TOURISM CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

TRUE FAIR ECO TOURISM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

TRUE FAIR ECO TOURISM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 19,132
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 0 0
Total 0 19,132

TRUE FAIR ECO TOURISM CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Bank loans and overdrafts 15,557 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 0
Total 15,557 0

COMMUNITY INTEREST ANNUAL REPORT

TRUE FAIR ECO TOURISM CIC

Company Number: 07896287 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

True Fair Eco Tourism CIC is a not for profit organisation. Its objective is to develop eco-tourism capacity to the benefit of both tourists and communities visited. Tourists gain through a richer ‘cultural’ experience and local communities through receiving a greater proportion of the income spent by the tourists. Specialist areas include: Volunteer Tourism; Educational Tourism; Activity & Sports Tourism; Cultural Tourism; Event Tourism; Group Tourism. Activities range from (tourism) product development, training, marketing, website and social media, and appropriate preparation and induction of visitors, volunteers, students and tourists.

Consultation with stakeholders

True Fair Eco Tourism facilitates the funded programme of the Atlantic Whale and Dolphin Foundation CIO it is our main stake holder and within this context we have to consult with student participants, college senders and organisations where the students are being deployed on overseas projects - this ranges from accommodation providers, managers, transport providers, project leaders. These conversations are on-going.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 October 2024

And signed on behalf of the board by:
Name: Edwin Bentham
Status: Director