for the Period Ended 30 June 2024
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 June 2024
Directors
The directors shown below have held office during the whole of the period from
1 July 2023
to
30 June 2024
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
2024 | 2023 | |
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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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 | 2024 | 2023 | |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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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 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 June 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
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Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2023 |
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At 30 June 2023 |
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for the Period Ended 30 June 2024
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£ | £ | |
Trade debtors |
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Other debtors |
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Total |
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for the Period Ended 30 June 2024
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Trade creditors |
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Taxation and social security |
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Total |
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for the Period Ended 30 June 2024
Name of director receiving advance or credit: |
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Description of the transaction: | |
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Balance at 30 June 2023 |
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Advances or credits made: | |
Advances or credits repaid: |
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Balance at 30 June 2024 |
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Open Minds Active CIC’s purpose is to strengthen wellbeing within communities, widen access to nature and create opportunities for excluded citizens. Our mission is to provide swimming based wellbeing activities across Bristol, helping people connect with nature in blue spaces to improve mental health and reduce social isolation. Our Programme Pillars Learn to Swim – Address inequalities through empowering adult women of colour, including refugees and asylum seekers, with water confidence and essential swimming skills. Wild Swimming for Wellbeing – A social prescribing initiative helping people with long-term mental and physical health conditions connect with nature through outdoor swimming. Inclusive Outdoor Activities – Spring and summer sessions for community groups, featuring, surfing, outdoor swimming, SUP, hiking, outdoor yoga, and movement. Nature Based Wellbeing for All - Workshops for businesses and individuals, equipping people with long-term mental and physical wellbeing tools while inspiring them to support others. Through our work, we are not just strengthening mental health - we are building a community where everyone belongs. This last accounting year marked a year of consolidation for Open Minds Active CIC. At the close of 2023, funding delays and the challenges of running a social enterprise during the height of the cost-of-living crisis began to take their toll. Our team had to reduce in size, forcing us to scale back and refocus. Despite an ever-increasing demand for our services, long-term investment essential for building sustainability and resilience was not forthcoming. However, in February 2024 we successfully secured 3 year funding from Sport England to develop our Learn to Swim and Social Prescribing Wild Swim for Wellbeing programmes, alongside our summer activities. This partnership, together with our workshops, summer coaching, and events, has contributed to a more diverse and sustainable funding base. These efforts have strengthened our foundations, enabling us to continue delivering swim-based wellbeing activities across Bristol that foster greater connectedness with nature in blue spaces, improve mental health, and reduce social isolation. The development of strategic partnerships with trusted organisations such as Soul Trail CIC and Active Being Ltd led to the formation of the Nature Consortia and further investment to expand green and blue social prescribing services within the NHS. These services are now reaching communities across inner-city, central, and east Bristol. We have also continued to collaborate with socially conscious brands like Orca and Soulcap, who share our values. Their support has been invaluable in helping us achieve greater reach and impact. Partnering with organisations and brands that align with our ethos remains central to our sustainability and growth. We are excited about the future, which includes expanding our social prescribing sessions to an additional site at Bristol Harbour with partners All Aboard Watersports and developing our learn to surf project with the Wave. Our small team of staff and volunteers are the backbone of Open Minds Active. Their hard work, passion, and dedication in encouraging people to swim, connect with the outdoors and each other has been both inspiring and humbling. The stories from across our programmes of how swimming and the community around it has transformed lives, continues to motivate us all every day. Winning a national award for our social prescribing Wild Swim for Wellbeing project in June was definitely a highlight too. Building community, connection and enabling people with the skills to keep swimming outdoors and maintain positive mental health and wellbeing. We engaged 981 people in total during this period. Of our general courses and events the breakdown is as follows: 93 people attended a cold water workshop 28 people attended an outdoor open water coaching course 20 people attend a wellbeing reset workshop 200 people attended our glow night swim event Social Prescribing programme For our Learn to Swim for women of colour the breakdown is as follows: 91 individuals engaged across the learn to swim programme in 2024 All the participants were women of colour from diverse ethnic backgrounds. Approx 50 percent of the women were refugees or asylum seekers. Around 20 percent of the progressed into one of the following summer activities. 2 participants who achieved their level 1 swim assistant qualification are now supporting the groups For our Wild Swimming for wellbeing Social Prescribing Programme we engaged a total of 61 participants across 2 locations, Henleaze, and West Country Water Park, both in Bristol. Henleaze session - June - September 2024 Participants: 33 Number of engagements: 140 West Country Water Park session - April to October Participants: 28 Number of engagements: 144 204 people attended our Thursday drop in follow on outdoor swim sessions throughout the year.
No consultation with stakeholders
£22,133
No transfer of assets other than for full consideration
This report was approved by the board of directors on
14 February 2025
And signed on behalf of the board by:
Name: Margaret Blagrove
Status: Director