NORTH DEVON SURF THERAPY CIC

Company limited by guarantee

Company Registration Number:
14919207 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 6 June 2023

End date: 30 June 2024

NORTH DEVON SURF THERAPY CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

NORTH DEVON SURF THERAPY CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from
6 June 2023 to 30 June 2024

N M Harding
D W Harding
J Jobbins
S Marsh
S Thompson


The directors shown below have held office during the period of
6 June 2023 to 19 July 2023

E Bauer
S Cornell


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
27 November 2024

And signed on behalf of the board by:
Name: N M Harding
Status: Director

NORTH DEVON SURF THERAPY CIC

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 38,225
Cost of sales: ( 35,752 )
Gross profit(or loss): 2,473
Administrative expenses: ( 1,943 )
Operating profit(or loss): 530
Profit(or loss) before tax: 530
Tax: ( 101 )
Profit(or loss) for the financial year: 429

NORTH DEVON SURF THERAPY CIC

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Current assets
Debtors: 3 796
Cash at bank and in hand: 34
Total current assets: 830
Creditors: amounts falling due within one year: 4 ( 401 )
Net current assets (liabilities): 429
Total assets less current liabilities: 429
Total net assets (liabilities): 429
Members' funds
Profit and loss account: 429
Total members' funds: 429

The notes form part of these financial statements

NORTH DEVON SURF THERAPY CIC

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 27 November 2024
and signed on behalf of the board by:

Name: N M Harding
Status: Director

The notes form part of these financial statements

NORTH DEVON SURF THERAPY CIC

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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Other accounting policies

    Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

NORTH DEVON SURF THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 0

NORTH DEVON SURF THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

13 months to 30 June 2024
£
Other debtors 796
Total 796

NORTH DEVON SURF THERAPY CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

13 months to 30 June 2024
£
Taxation and social security 101
Other creditors 300
Total 401

COMMUNITY INTEREST ANNUAL REPORT

NORTH DEVON SURF THERAPY CIC

Company Number: 14919207 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

It has provided therapy surf lessons to community groups and individuals suffering with mental health

Consultation with stakeholders

No consultation with stakeholders

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
27 November 2024

And signed on behalf of the board by:
Name: N M Harding
Status: Director