OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Company Registration Number:
09623545 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

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
1 July 2023 to 30 June 2024

Mrs Sara Hawker
Mr Michael Peters
Mr William Sheard


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
28 March 2025

And signed on behalf of the board by:
Name: Mr William Sheard
Status: Director

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 1,031
Total fixed assets: 0 1,031
Current assets
Stocks: 4 0 54
Debtors: 5 3,837 2,824
Cash at bank and in hand: 3,269 1,606
Total current assets: 7,106 4,484
Creditors: amounts falling due within one year: 6 ( 2,820 ) ( 869 )
Net current assets (liabilities): 4,286 3,615
Total assets less current liabilities: 4,286 4,646
Creditors: amounts falling due after more than one year: 7 ( 1,355 )
Total net assets (liabilities): 4,286 3,291
Capital and reserves
Called up share capital: 2,001 2,001
Profit and loss account: 2,285 1,290
Total Shareholders' funds: 4,286 3,291

The notes form part of these financial statements

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 28 March 2025
and signed on behalf of the board by:

Name: Mr William Sheard
Status: Director

The notes form part of these financial statements

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 2 Years Straightline

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 5,031 5,031
Additions
Disposals ( 5,031 ) ( 5,031 )
Revaluations
Transfers
At 30 June 2024 0 0
Depreciation
At 1 July 2023 4,000 4,000
Charge for year
On disposals ( 4,000 ) ( 4,000 )
Other adjustments
At 30 June 2024 0 0
Net book value
At 30 June 2024 0 0
At 30 June 2023 1,031 1,031

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Stocks

2024 2023
£ £
Stocks 0 54
Total 0 54

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors

2024 2023
£ £
Trade debtors 3,837 2,824
Total 3,837 2,824

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 958 0
Trade creditors 889 532
Taxation and social security 294 310
Accruals and deferred income 660 0
Other creditors 19 27
Total 2,820 869

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

7. Creditors: amounts falling due after more than one year note

  2023
  £
Bank loans and overdrafts 1,355
Total   1,355

COMMUNITY INTEREST ANNUAL REPORT

OUTRIGHT ADVENTURE COMMUNITY INTEREST COMPANY

Company Number: 09623545 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

In 2023-2024, Outright Adventure saw continued growth, with participant numbers increasing by 20% and volunteer numbers rising by 15%. This expansion allowed us to increase capacity across all four age groups Fledglings (3-5), Pioneers (6-9), Rangers (10-13), and Pursuits (14-17) - ensuring that more young people could benefit from our outdoor youth group. Weekly sessions remained the core of our work, providing young people with structured outdoor experiences that develop confidence, resilience, teamwork, and practical skills. With a larger volunteer base, we were able to enhance these sessions, offering broader activities and increasing participant engagement. Our focus remains on delivering impactful, outdoor-based experiences that equip young people with essential life skills while fostering a strong sense of community and adventure.

Consultation with stakeholders

Outright Adventure’s stakeholders are the directors, volunteers, service users & their parents / guardians, and local community partners. We have gathered feedback through surveys, direct discussions and participant reflections. This has highlighted a need for further opportunities for participants outside of the normal weekly sessions and continued expansion of participant capacity. In response we are reviewing options for additional opportunities and increased capacity to meet the needs of our community.

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
28 March 2025

And signed on behalf of the board by:
Name: William Sheard
Status: Director