HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Company limited by guarantee

Company Registration Number:
07712039 (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

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

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

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

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

Weight Lifting Exercise and General Fitness



Directors

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

Raymond Williams
Mr D Frazer
Mr JA Hart
Mr I A Hughes
Mr B Eaton


Secretary Raymond Williams

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
18 June 2025

And signed on behalf of the board by:
Name: Raymond Williams
Status: Secretary

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 71,815 29,385
Cost of sales: ( 19,340 ) ( 10,425 )
Gross profit(or loss): 52,475 18,960
Administrative expenses: ( 33,135 ) ( 26,999 )
Operating profit(or loss): 19,340 (8,039)
Profit(or loss) before tax: 19,340 (8,039)
Profit(or loss) for the financial year: 19,340 (8,039)

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 247,871 238,882
Total fixed assets: 247,871 238,882
Current assets
Cash at bank and in hand: 26,922 16,567
Total current assets: 26,922 16,567
Creditors: amounts falling due within one year: 4 ( 36,639 ) ( 36,639 )
Net current assets (liabilities): (9,717) (20,072)
Total assets less current liabilities: 238,154 218,810
Creditors: amounts falling due after more than one year: 5 ( 85,123 ) ( 85,129 )
Total net assets (liabilities): 153,031 133,681
Members' funds
Profit and loss account: 153,031 133,681
Total members' funds: 153,031 133,681

The notes form part of these financial statements

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

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 18 June 2025
and signed on behalf of the board by:

Name: Raymond Williams
Status: Director

The notes form part of these financial statements

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

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 Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Turnover comprises three elemants, members fees included on a receipt basis and income from outside the membership such as external coaching again included on a receipt basis and finally grant income.

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 341,601 163,683 7,800 2,151 515,235
Additions 28,007 28,007
Disposals
Revaluations
Transfers
At 31 July 2024 341,601 191,690 7,800 2,151 543,242
Depreciation
At 1 August 2023 136,676 130,208 7,470 1,999 276,353
Charge for year 9,314 9,222 330 152 19,018
On disposals
Other adjustments
At 31 July 2024 145,990 139,430 7,800 2,151 295,371
Net book value
At 31 July 2024 195,611 52,260 0 0 247,871
At 31 July 2023 204,925 33,475 330 152 238,882

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 620 575
Other creditors 36,019 36,064
Total 36,639 36,639

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

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

2024 2023
£ £
Other creditors 85,123 85,129
Total 85,123 85,129

COMMUNITY INTEREST ANNUAL REPORT

HOLYHEAD AND ANGLESEY WEIGHTLIFTING AND FITNESS CENTRE C.I.C.

Company Number: 07712039 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

A vast cross section of the community utilises the facility on a daily basis. From Elite performers to our Adults with Learning Difficulties every individual is treated with requisite sessions to meet their personal goals. The Staff continue to provide experienced, knowledge based advice which has seen the annual attendance footfall raise to over 20,000 visits. The sessions continue to be affordable to all which is important in the Town where the economy is weak and unemployment above the average. The Nifty 60s programme has recently been successful in securing grant funding circa £400,000 which will allow the Team to develop a programme across Anglesey for our senior citizens. The programme has been running at HAWFC for several years and has over 100 attendees over a 5 session per week programme. The Centre received grant funding to provide a successful KidzFit programme which allowed 100s of youngsters the opportunity to engage in functional fitness sessions. HAWFC has upgraded much of its Cardiovascular machines and enhanced the Fitness Room with 2 New Dual Assisted Pulley Machines. Over £30,000 invested in new equipment. Thanks to our Staff and Board Members, in Particular Mr Barry Eaton we stand as an exemplar of how a Social Enterprise enhances people's lives. We are looking forward with excitement and anticipation to developing our N60s model across Anglesey in the coming months/years. I conclude by thanking every individual who has and continues to make our Award Winning CIC an Industry Leader.

Consultation with stakeholders

HAWFC continues to work on initiatives that will increase the income and sustainability of the club. Sport specific fit camps and recently the 'nifty sixtics' are very popular and attendances continue to improve.Team HAWFC and its directors are a credit to the community and continue moving forward providing excellence and inspiration to our island clients.We are continually researching and developing fitness schedules to suit our users. We are investing in our stakeholders health with more cardiac equiment and measuring of improvement of fitness.

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
18 June 2025

And signed on behalf of the board by:
Name: Raymond Williams
Status: Director