CHILL SOUTH DEVON CIC

Company limited by guarantee

Company Registration Number:
14252567 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

CHILL SOUTH DEVON CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

CHILL SOUTH DEVON CIC

Directors' report period ended 31 July 2024

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

Principal activities of the company

The company's principal activity during the year continued to be coaching services



Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Paul Francis Noone
Dr Tania Longman


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
24 February 2025

And signed on behalf of the board by:
Name: Paul Francis Noone
Status: Director

CHILL SOUTH DEVON CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 10,631 19,340
Cost of sales: ( 6,422 ) ( 14,446 )
Gross profit(or loss): 4,209 4,894
Administrative expenses: ( 5,672 ) ( 5,508 )
Other operating income: 727
Operating profit(or loss): (736) (614)
Profit(or loss) before tax: (736) (614)
Profit(or loss) for the financial year: (736) (614)

CHILL SOUTH DEVON CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 1,000 1,125
Total fixed assets: 1,000 1,125
Current assets
Cash at bank and in hand: 1,496 4,928
Total current assets: 1,496 4,928
Creditors: amounts falling due within one year: 4 ( 3,846 ) ( 6,667 )
Net current assets (liabilities): (2,350) (1,739)
Total assets less current liabilities: (1,350) ( 614)
Total net assets (liabilities): (1,350) (614)
Members' funds
Profit and loss account: (1,350) ( 614)
Total members' funds: ( 1,350) (614)

The notes form part of these financial statements

CHILL SOUTH DEVON CIC

Balance sheet statements

For the year ending 31 July 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 24 February 2025
and signed on behalf of the board by:

Name: Paul Francis Noone
Status: Director

The notes form part of these financial statements

CHILL SOUTH DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

    Other accounting policies

    Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

CHILL SOUTH DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CHILL SOUTH DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2023 1,250 1,250
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 1,250 1,250
Amortisation
At 1 August 2023 125 125
Charge for year 125 125
On disposals
Other adjustments
At 31 July 2024 250 250
Net book value
At 31 July 2024 1,000 1,000
At 31 July 2023 1,125 1,125

CHILL SOUTH DEVON CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 3,846 6,667
Total 3,846 6,667

COMMUNITY INTEREST ANNUAL REPORT

CHILL SOUTH DEVON CIC

Company Number: 14252567 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Chill South Devon CIC is a non-profit organisation, whose vision is to make cold-water immersion and Chill cold-water therapy accessible to people living with (and often suffering from) a range of everyday physical and mental health conditions. This regularly includes people grappling with anxiety, depression, back pain, and migraines, or life changes, such as the menopause, as well as those affected by long-term chronic health conditions, such as those living with long Covid and those living with a cancer diagnosis. Chill South Devon CIC is run and facilitated by qualified cold-water swim leaders and professional life coaches, with the support of fully qualified beach lifeguards. We are part of the wider Chill UK network, and we benefit directly from the medical guidance and evidence-based research of leading health professionals, including Dr Mark Harper (consultant anaesthetist and author of Chill: The Cold Water Swim Cure), Dr Heather Massey (expert in sport, health and exercise science and in the impact of cold-water immersion on health and rehabilitation), and Dr Tania Longman (GP and women’s health and menopause specialist).

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
24 February 2025

And signed on behalf of the board by:
Name: Paul Francis Noone
Status: Director