for the Period Ended 30 December 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 December 2023
Directors
The directors shown below have held office during the whole of the period from
1 January 2023
to
30 December 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2023 | 2022 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 December 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 30 December 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 30 December 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 30 December 2023 |
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Depreciation | ||||||
At 1 January 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 30 December 2023 |
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Net book value | ||||||
At 30 December 2023 |
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At 31 December 2022 |
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for the Period Ended 30 December 2023
2023 | 2022 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 30 December 2023
Name of director receiving advance or credit: |
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Description of the transaction: | |
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£ | |
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Balance at 31 December 2022 |
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Advances or credits made: | |
Advances or credits repaid: | |
Balance at 30 December 2023 |
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Windswept CIC (Windswept) is a non-profit watersports centre, that provides affordable centre-based and outreach watersports sessions to communities throughout Pembrokeshire. The primary aim is to enable people of all ages and backgrounds to access the fantastic opportunities of the Pembrokeshire coastline with a focus on providing sessions to the disadvantaged and people with disabilities. Windswept was founded because we felt that there is a real need for a community-based watersports provider that can offer an affordable and inclusive option for local communities to get out on the water and have a positive impact on their physical and mental wellbeing. Alongside this we open up to tourists during the summer season. We offer lessons and hire in paddleboarding, windsurfing and wingfoiling. Any profits from this go back into providing subsidised weekly sessions for the local community. Pembrokeshire has many disadvantaged communities and there needs to be more opportunities for young people to get out on the water and have fun in a safe environment. As we emerge from the COVID-19 pandemic there is a profound need for activities that boost people’s physical and mental well-being; however, with the current economic climate, people may now struggle to afford this. At Windswept we try to address these issues. At Windswept, we provide weekly clubs at a subsidised cost to enable local communities to make the most of what’s on offer, right on their doorstep. These clubs include, Stand Up Paddleboard (SUP) Club, Weekly Paddle-Ability sessions and a Windsurf Club for both children and adults. We run our weekly Paddle-Ability sessions for people with disabilities. We have been working with Cerebra Innovation Centre who have designed and built us a Paddle-Ability SUP to enable people with disabilities to have better access to the sport. The result has been fantastic and the board is proving to be a real asset in helping people develop and progress their paddling skills. Currently, we are the only provider in South and West Wales offering Paddle-Ability sessions We have installed a hoist on the seasonal pontoon in Dale funded by the National Lottery. The hoist enables wheelchair users to have access to the water. The hoist is also available to use by other businesses once they have received formal training in its use. We also host a beach wheelchair at our centre in Dale. The wheelchair was funded and supplied by the National Park Authority and is free for people to book online and use when they visit Dale beach.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £22,896. 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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 November 2024
And signed on behalf of the board by:
Name: S Bagley
Status: Director