SK8PZ LOVE IT CIC

Company limited by guarantee

Company Registration Number:
14412545 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

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Contents of the Financial Statements

for the Period Ended 31 October 2024

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

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Directors' report period ended 31 October 2024

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

Principal activities of the company

The principal activities of the company in the period under review were the provision of roller skating training sessions and related activities.



Directors

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

Christopher Priest
Daniela Schlemm
Donna Sinclair


The director shown below has held office during the period of
29 February 2024 to 31 October 2024

Laura Partridge


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
23 July 2025

And signed on behalf of the board by:
Name: Donna Sinclair
Status: Director

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Profit And Loss Account

for the Period Ended 31 October 2024

2024 13 months to 31 October 2023


£

£
Turnover: 24,407 18,710
Cost of sales: ( 13,006 ) ( 11,446 )
Gross profit(or loss): 11,401 7,264
Administrative expenses: ( 10,254 ) ( 7,724 )
Other operating income: 219 1,260
Operating profit(or loss): 1,366 800
Profit(or loss) before tax: 1,366 800
Tax: ( 430 )
Profit(or loss) for the financial year: 936 800

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Balance sheet

As at 31 October 2024

Notes 2024 13 months to 31 October 2023


£

£
Current assets
Debtors: 3 765 480
Cash at bank and in hand: 1,737 2,120
Total current assets: 2,502 2,600
Creditors: amounts falling due within one year: 4 ( 766 ) ( 1,800 )
Net current assets (liabilities): 1,736 800
Total assets less current liabilities: 1,736 800
Total net assets (liabilities): 1,736 800
Members' funds
Profit and loss account: 1,736 800
Total members' funds: 1,736 800

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 October 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 23 July 2025
and signed on behalf of the board by:

Name: Donna Sinclair
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 October 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

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Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

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

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Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 13 months to 31 October 2023
£ £
Trade debtors 730 480
Prepayments and accrued income 35
Total 765 480

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Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 31 October 2023
£ £
Trade creditors 336 1,800
Taxation and social security 430
Total 766 1,800

COMMUNITY INTEREST ANNUAL REPORT

SK8PZ LOVE IT CIC

Company Number: 14412545 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

COMMUNITY INTEREST COMPANY PROVIDING ROLLER SKATING ACTIVITIES WITHIN THE COMMUNITY AND LOCAL SCHOOLS IN THE FORM OF WEEKLY COMMUNITY EVENTS, AFTERSCHOOL CLUBS, HOLIDAY CLUBS AND LESSONS. THIS YEAR WE HAVE PROVIDED A SELECTION OF WEEKLY, ALL AGE, ALL ABILITY LEVEL SOCIAL EVENTS WITHIN THE PENZANCE AND HAYLE AREA, AS WELL AS SCHOOL CLUBS WITHIN THE SAME AREAS. THIS HAS PROVED BENEFICIAL TO CHILDREN AGED 8-11 AS WELL AS LOCAL FAMILIES BY PROVIDING LOW COST, FAMILY FRIENDLY, EXERCISE ORIENTATED ACTIVITIES.

Consultation with stakeholders

We take feedback verbally in person from people who come to our sessions or we ask for feedback via our social media platforms or via emails and messages.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £2,834. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 July 2025

And signed on behalf of the board by:
Name: Donna Sinclair
Status: Director