SALTY SWIMS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13647351 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

SALTY SWIMS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SALTY SWIMS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,500 13,634
Investments:   0 0
Total fixed assets: 3,500 13,634
Current assets
Stocks:   0
Cash at bank and in hand: 360 690
Total current assets: 360 690
Creditors: amounts falling due within one year: 4 ( 470 ) ( 2,600 )
Net current assets (liabilities): (110) (1,910)
Total assets less current liabilities: 3,390 11,724
Total net assets (liabilities): 3,390 11,724
Members' funds
Profit and loss account: 3,390 11,724
Total members' funds: 3,390 11,724

The notes form part of these financial statements

SALTY SWIMS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 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 16 June 2025
and signed on behalf of the board by:

Name: Angela Collins
Status: Director

The notes form part of these financial statements

SALTY SWIMS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SALTY SWIMS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 2

SALTY SWIMS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 2,490 11,144 13,634
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 2,490 11,144 13,634
Depreciation
At 1 October 2023 0 0 0
Charge for year 1,434 5,200 6,634
On disposals
Other adjustments 3,500 3,500
At 30 September 2024 1,434 8,700 10,134
Net book value
At 30 September 2024 1,056 2,444 3,500
At 30 September 2023 2,490 11,144 13,634

SALTY SWIMS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 470 2,600
Total 470 2,600

COMMUNITY INTEREST ANNUAL REPORT

SALTY SWIMS COMMUNITY INTEREST COMPANY

Company Number: 13647351 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Salty Swims has positively impacted the Cornwall community by promoting physical and mental well-being through sea swimming activities. The company collaborates with Healthy Cornwall to offer free sea swimming sessions, helping residents embrace cold-water swimming and its benefits. These activities have: Encouraged outdoor fitness, making exercise more accessible and enjoyable. Fostered social connections, creating a welcoming environment for swimmers. Improved mental health, as cold-water swimming is known to reduce stress and anxiety.

Consultation with stakeholders

Stakeholders and participants have shared positive feedback about Salty Swims, highlighting its impact on mental health, physical well-being, and community support. Here are some key sentiments: Mental health benefits: Many participants have expressed that the sessions have helped them gain confidence and improve their mental well-being. Supportive environment: Stakeholders appreciate the safety measures and encouraging instructors, making open-water swimming accessible to all, including those with physical challenges. Community engagement: The company fosters a welcoming atmosphere, allowing people to connect and build friendships through shared experiences Salty Swims has made a positive impact on the Cornwall community, but there are always opportunities for improvement. Based on feedback here are some areas where the company could enhance its offerings: Expand accessibility: While the sessions are welcoming, offering more beginner-friendly or adaptive swimming options could help those with mobility challenges or water anxiety. Increase session availability: More frequent sessions or additional locations across Cornwall could allow more people to participate. Enhance community engagement: Partnering with more local organizations or hosting educational workshops on sea safety and mental health benefits could deepen its impact. Improve digital presence: A more interactive website or social media presence could help attract new participants and keep the community engaged.

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
16 June 2025

And signed on behalf of the board by:
Name: Angela Collins
Status: Director