WESTON MARINE LAKE MUDLARKS CIC

Company limited by guarantee

Company Registration Number:
13078183 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

WESTON MARINE LAKE MUDLARKS CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

WESTON MARINE LAKE MUDLARKS CIC

Directors' report period ended 31 December 2024

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

Principal activities of the company

Principal activities The CIC previously worked with North Somerset Council to clear the 33,000 tons of mud that had been left to fill Weston's Marine Lake by demonstrating that the community really wanted to have the Lake fully usable again. The repair of the sluice gates, the dredging of the lake and subsequent re-use by the RNLI as a training feature as well as significant use of the beach during the summer months and lake throughout the year continues to be extremely well received, by all water users. Lifeguard training was completed in 2024 and the water fountain was installed and is now working . Defibrillator training was completed and fundraising is ongoing for the maintenance of this lifesaving equipment. The CIC is also responsible for maintaining the 2 min litter pick board supplying litter pickers and bags to help keep the lake surroundings clear and encouraging lake users to take their litter home. The CIC continues to liaise with the seafront team over any problems with infrastructure or antisocial behaviour. The CIC is a community link between the Local Authorities and public , keeping lake users updated with planned closures for maintenance of the lake through social media and website. This will be especially vital with the planned improvements of Marine Lake in 2025.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Rev. Janet Mary Doyle


The director shown below has held office during the period of
1 January 2024 to 26 August 2024

Claire Trevor-Roper


The director shown below has held office during the period of
1 January 2024 to 17 January 2024

Jayne Louise Haden


The director shown below has held office during the period of
27 July 2024 to 31 December 2024

Rebecca Champs


The director shown below has held office during the period of
17 January 2024 to 31 December 2024

Neil Champs


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
9 June 2025

And signed on behalf of the board by:
Name: Neil Champs
Status: Director

WESTON MARINE LAKE MUDLARKS CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 2,038 5,240
Cost of sales: ( 4,866 ) ( 2,010 )
Gross profit(or loss): (2,828) 3,230
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): (2,828) 3,230
Interest receivable and similar income: 66 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,762) 3,230
Tax: 0 ( 614 )
Profit(or loss) for the financial year: (2,762) 2,616

WESTON MARINE LAKE MUDLARKS CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 1,989 5,833
Investments:   0 0
Total current assets: 1,989 5,833
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 1,989 5,833
Total assets less current liabilities: 1,989 5,833
Creditors: amounts falling due after more than one year: 3 0 ( 932 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,989 4,901
Members' funds
Profit and loss account: 1,989 4,901
Total members' funds: 1,989 4,901

The notes form part of these financial statements

WESTON MARINE LAKE MUDLARKS CIC

Balance sheet statements

For the year ending 31 December 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 9 June 2025
and signed on behalf of the board by:

Name: Neil Champs
Status: Director

The notes form part of these financial statements

WESTON MARINE LAKE MUDLARKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

WESTON MARINE LAKE MUDLARKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

WESTON MARINE LAKE MUDLARKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

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

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 0 932
Total 0 932

COMMUNITY INTEREST ANNUAL REPORT

WESTON MARINE LAKE MUDLARKS CIC

Company Number: 13078183 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Results and dividends The profit for the year after taxation amounted to £-2,762. Principal activities The CIC previously worked with North Somerset Council to clear the 33,000 tons of mud that had been left to fill Weston's Marine Lake by demonstrating that the community really wanted to have the Lake fully usable again. The repair of the sluice gates, the dredging of the lake and subsequent re-use by the RNLI as a training feature as well as significant use of the beach during the summer months and lake throughout the year continues to be extremely well received, by all water users. Lifeguard training was completed in 2024 and the water fountain was installed and is now working . Defibrillator training was completed and fundraising is ongoing for the maintenance of this lifesaving equipment. The CIC is also responsible for maintaining the 2 min litter pick board supplying litter pickers and bags to help keep the lake surroundings clear and encouraging lake users to take their litter home. The CIC continues to liaise with the seafront team over any problems with infrastructure or antisocial behaviour. The CIC is a community link between the Local Authorities and public , keeping lake users updated with planned closures for maintenance of the lake through social media and website. This will be especially vital with the planned improvements of Marine Lake in 2025. Directors The director(s) shown below have held office during the whole of the period Rev. Janet Mary Doyle The director(s) shown below joined the company during the period Neil Champs on 17 January 2024 Rebecca Champs on 27 July 2024 The director(s) shown below resigned during the period Claire Trevor-Roper on 26 August 2024 Jayne Louise Haden on 17 January 2024 On behalf of the board Name: Neil Champs Status: Director Date: 09 June 2025

Consultation with stakeholders

We are in contact with North Somerset Council and the seafront team regularly regarding water quality and planned closures of the lake.

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
9 June 2025

And signed on behalf of the board by:
Name: Neil Champs
Status: Director