BOARDABILITY CIC

Company limited by guarantee

Company Registration Number:
09187582 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

BOARDABILITY CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

BOARDABILITY CIC

Directors' report period ended 31 August 2024

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

Principal activities of the company

The company's principal activity during the year continued to be providing a number of inclusive and adapted activities including: skateboarding , mountainboarding, swim and paddle sessions, which will be scaled up in the future, to help support those with more complex needs and larger barriers to participation.



Directors

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

Benedict Hal Room
Benjamin Clifford
Emma Jane Parry
Lauren Mai Elisabeth Watkins


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
13 May 2025

And signed on behalf of the board by:
Name: Benedict Hal Room
Status: Director

BOARDABILITY CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 829 0
Gross profit(or loss): 829 0
Administrative expenses: ( 26,654 ) ( 17,642 )
Other operating income: 26,544 16,000
Operating profit(or loss): 719 (1,642)
Profit(or loss) before tax: 719 (1,642)
Profit(or loss) for the financial year: 719 (1,642)

BOARDABILITY CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,927 1,578
Total fixed assets: 2,927 1,578
Current assets
Debtors: 4 150 150
Cash at bank and in hand: 10,257 13,602
Total current assets: 10,407 13,752
Creditors: amounts falling due within one year: 5 ( 11,399 ) ( 14,114 )
Net current assets (liabilities): (992) (362)
Total assets less current liabilities: 1,935 1,216
Total net assets (liabilities): 1,935 1,216
Members' funds
Profit and loss account: 1,935 1,216
Total members' funds: 1,935 1,216

The notes form part of these financial statements

BOARDABILITY CIC

Balance sheet statements

For the year ending 31 August 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 13 May 2025
and signed on behalf of the board by:

Name: Benedict Hal Room
Status: Director

The notes form part of these financial statements

BOARDABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 August 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery over 5 years Fixtures, fittings, tools and equipment over 5 years

BOARDABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

BOARDABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 2,255 2,255
Additions 2,000 2,000
Disposals
Revaluations
Transfers
At 31 August 2024 4,255 4,255
Depreciation
At 1 September 2023 677 677
Charge for year 651 651
On disposals
Other adjustments
At 31 August 2024 1,328 1,328
Net book value
At 31 August 2024 2,927 2,927
At 31 August 2023 1,578 1,578

BOARDABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Other debtors 150 150
Total 150 150

BOARDABILITY CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 11,399 14,114
Total 11,399 14,114

COMMUNITY INTEREST ANNUAL REPORT

BOARDABILITY CIC

Company Number: 09187582 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

During this financial year we have provided activities in: Skateboarding Surf-skating Scootering Roller skating These activities were mostly funded by a grant from the Swansea councils COAST scheme, with additional funding from Pobl trust, we were able to provide a service of delivery that helped further break down the barriers to participation in these types of activities. The sessions supported our members that have larger barriers to participate, this could be due to physical or mental disability and illness or that they couldn’t afford this type of activity. We used inclusive delivery techniques and further adapted our equipment and delivery to suit the needs of the individual to further enable an inclusive approach. During this period, we helped to provide an inclusive environment for all participants taking part in the activities. We also received a grant to provide food for young people facing food poverty during the school holidays. We were able to purchase food vouchers from local food vending businesses so that those struggling to afford nutritional meals during the school holidays, were able to use them. We continued to use the indoor facilitates at our skate hall during Saturdays and Sundays, this meant that we could provide a space for our community to socialise more, and take part in table tennis, table football and pool. This has helped to grow and strengthen our community’s social bonds.

Consultation with stakeholders

We have had ongoing consultation with our members/users and from the general public, Swansea council, staff volunteers, Evolve youth club Swansea, Swansea Help Hub, Gorseinon area Councillors, local schools and young people. This has led to adaptions in how we operate to provide a more accessible and inclusive environment to push forward our moto of Safety, Fun and progression!

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
13 May 2025

And signed on behalf of the board by:
Name: Benedict Hal Room
Status: Director