WAVE WAHINES CIC

Company limited by guarantee

Company Registration Number:
12400206 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 February 2023

End date: 30 April 2024

WAVE WAHINES CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

WAVE WAHINES CIC

Directors' report period ended 30 April 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 30 April 2024

S Cave
Y N Curtis


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
22 January 2025

And signed on behalf of the board by:
Name: S Cave
Status: Director

WAVE WAHINES CIC

Profit And Loss Account

for the Period Ended 30 April 2024

15 months to 30 April 2024 2023


£

£
Turnover: 31,202 35,258
Cost of sales: ( 25,310 ) ( 24,751 )
Gross profit(or loss): 5,892 10,507
Administrative expenses: ( 5,956 ) ( 12,229 )
Operating profit(or loss): (64) (1,722)
Profit(or loss) before tax: (64) (1,722)
Profit(or loss) for the financial year: (64) (1,722)

WAVE WAHINES CIC

Balance sheet

As at 30 April 2024

Notes 15 months to 30 April 2024 2023


£

£
Current assets
Cash at bank and in hand: 2,845 109
Total current assets: 2,845 109
Creditors: amounts falling due within one year: 3 ( 1,739 ) ( 1,739 )
Net current assets (liabilities): 1,106 (1,630)
Total assets less current liabilities: 1,106 ( 1,630)
Accruals and deferred income: ( 2,800 )
Total net assets (liabilities): (1,694) (1,630)
Members' funds
Profit and loss account: (1,694) ( 1,630)
Total members' funds: ( 1,694) (1,630)

The notes form part of these financial statements

WAVE WAHINES CIC

Balance sheet statements

For the year ending 30 April 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 22 January 2025
and signed on behalf of the board by:

Name: S Cave
Status: Director

The notes form part of these financial statements

WAVE WAHINES CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

WAVE WAHINES CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    15 months to 30 April 2024 2023
    Average number of employees during the period 0 0

WAVE WAHINES CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

15 months to 30 April 2024 2023
£ £
Other creditors 1,739 1,739
Total 1,739 1,739

COMMUNITY INTEREST ANNUAL REPORT

WAVE WAHINES CIC

Company Number: 12400206 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

We are a small organisation with 2 primary areas of dedication: 1. To introduce (or re-introduce) girls and women to the ocean and in particular the sport of surfing, but in an inclusive, non-judgemental, and emotionally safe way, in order to foster the key elements of Fun, Fitness & Friendship 2. To help girls and women deal with traumas and/or resettlement by engaging with the ocean through the sport of surfing, or even just, in the beginning, through time spent playing and exploring boundaries in the ocean. The first objective is achieved via a weekly girls club session, which now has upward of 40 participants weekly, from age 8 and up in the girls session, as well as and 18+ session, and also a women’s 30+ session which has served to allow women with busy family/work lives to re-engage with surfing after having, in many cases, to give it up as family life developed, thus providing them with an empowering experience that is “theirs”. The second objective has been realised this year by establishing short 6 or 8-week courses with various partner organisations, the 2 primary ones having been a group of re-settled Syrian refugee women and their daughters, some of whom had never been in, or close to the ocean, and also a group of women and some of their children who are under the protection of North Devon Against Domestic Abuse (NDADA), in this case using the therapeutic and empowering powers of ocean play to help with their navigation of their difficult situation. These have both been very successfully received, and are serving as pilot schemes for greater work in the coming years.

Consultation with stakeholders

The stakeholders in this organisation are primarily the women and girls that we work with, and we consult them about the direction we take activities all the time, as well as hold periodic discussion groups with them, and with their parents, about the club. The NDADA project is being part-run as a study for a Master’s dissertation by a partner studying the role of ocean therapy in rehabilitation, and this study will form the basis of future projects. We have the surf coaching itself provided by Surf South West, a surf school in Croyde, North Devon, and we regularly discuss our direction and principles with them as we move forward.

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
22 January 2025

And signed on behalf of the board by:
Name: S Cave
Status: Director