MARINE DISCOVERY CENTRE WHITBY CIC

Company Registration Number:
14094683 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

MARINE DISCOVERY CENTRE WHITBY CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MARINE DISCOVERY CENTRE WHITBY CIC

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 289,422 88,351
Investments:   0 0
Total fixed assets: 289,422 88,351
Current assets
Stocks:   0 0
Debtors: 4 5,413 10,457
Cash at bank and in hand: 34,276 134,261
Investments:   0 0
Total current assets: 39,689 144,718
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 27,122 ) ( 42,160 )
Net current assets (liabilities): 12,567 102,558
Total assets less current liabilities: 301,989 190,909
Creditors: amounts falling due after more than one year: 6 ( 7,500 )
Provision for liabilities: ( 116,409 ) ( 120,500 )
Accruals and deferred income: ( 139,752 ) 0
Total net assets (liabilities): 45,828 62,909
Capital and reserves
Called up share capital: 100 1
Profit and loss account: 45,728 62,908
Total Shareholders' funds: 45,828 62,909

The notes form part of these financial statements

MARINE DISCOVERY CENTRE WHITBY CIC

Balance sheet statements

For the year ending 31 May 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 19 March 2025
and signed on behalf of the board by:

Name: Terry Pearson
Status: Director

The notes form part of these financial statements

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Tangible fixed assets depreciation policy

    reducing balance basis

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 14 0

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 0 71,732 27,990 0 0 99,722
Additions 124,094 73,727 8,883 3,631 12,900 223,235
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 May 2024 124,094 145,459 36,873 3,631 12,900 322,957
Depreciation
At 1 June 2023 0 7,173 4,198 0 0 11,371
Charge for year 0 13,829 4,902 208 3,225 22,164
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 May 2024 0 21,002 9,100 208 3,225 33,535
Net book value
At 31 May 2024 124,094 124,457 27,773 3,423 9,675 289,422
At 31 May 2023 0 64,559 23,792 0 0 88,351

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 13 months to 31 May 2023
£ £
Trade debtors 5,413 10,457
Prepayments and accrued income 0 0
Other debtors 0 0
Total 5,413 10,457
Debtors due after more than one year: 0 0

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 May 2023
£ £
Amounts due under finance leases and hire purchase contracts 10,588 0
Trade creditors 3,372 41,280
Taxation and social security 2,038 0
Accruals and deferred income 0 0
Other creditors 11,124 880
Total 27,122 42,160

MARINE DISCOVERY CENTRE WHITBY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

  13 months to 31 May 2023
  £
Other creditors 7,500
Total   7,500

COMMUNITY INTEREST ANNUAL REPORT

MARINE DISCOVERY CENTRE WHITBY CIC

Company Number: 14094683 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

ln the financial year to which this report relates, Whitby Marine Discovery Centre CIC has made meaningful progress toward delivering on its mission to connect people with the marine environment and promote conservation through education, research, and engagement. Building on our commitment to showcasing Britain's native marine biodiversity, we have welcomed over 10,000 visitors to our centre. Our interactive exhibits, marine tanks, and educational displays have helped raise awareness about local marine species and the impoftance of sustainable coastal stewardship. We have also worked to inspire the next generation of marlne champions by engaging directly with schools. Over 1,000 schoolchildren have participated in our tailored educational visits, which include hands-on activities and age-appropriate learning about marine life, conservation, and the work of the Whitby Lobster Hatchery. Through our relationship with the Whitby Lobster Hatchery, local universities, industry groups, and community stakeholders, we are laying the foundations to support conservation effotls and citizen science initiatives. These collaborations are beginning to take shape and are key to our long-term vision of fostering greater guardianship of our marine environments. Overall, our activities this year have had a positive and growing impact on the community, improving access to marine education and conservation awareness in Whitby and beyond.

Consultation with stakeholders

During the reporting period, we actively sought feedback from our visitors to better understand the impact of our work and to inform our ongoing development. To date, a total of 463 visitors have completed our feedback survey, with 84% indicating that they would appreciate the marine environment more following their visit to the centre. Additional feedback has also highlighted the positive effect our work is having on the local community, particularly in terms of education and engagement with marine conservation. A full report on the survey responses will be produced and it will be a vital part of informing our future work. We have also been in ongoing consultation with the Whitby Lobster Hatchery, a key stakeholder and close partner in our activities. As we look to the future, this relationship will remain central to our operations. We are working collaboratively to deliver shared educational objectives and to raise awareness of the hatchery's important conservation work. Together, we aim to build a deeper public understanding of the challenges facing our marine ecosystems and to inspire collective stewardship.

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 April 2025

And signed on behalf of the board by:
Name: Joe Redfern
Status: Director