PARKLIFE SOUTH WEST CIC

Company limited by guarantee

Company Registration Number:
12316866 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

PARKLIFE SOUTH WEST CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

PARKLIFE SOUTH WEST CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

Supporting community groups in regards to environmental activities that benefit both nature and people in an educational manner.



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

Andrew Price
Keith Rennells
James Roberts


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 June 2025

And signed on behalf of the board by:
Name: Andrew Price
Status: Director

PARKLIFE SOUTH WEST CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 231,378 171,020
Cost of sales: ( 144,416 ) ( 153,525 )
Gross profit(or loss): 86,962 17,495
Administrative expenses: ( 74,715 ) ( 10,152 )
Operating profit(or loss): 12,247 7,343
Profit(or loss) before tax: 12,247 7,343
Tax: ( 1,405 ) ( 756 )
Profit(or loss) for the financial year: 10,842 6,587

PARKLIFE SOUTH WEST CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,682 1,830
Total fixed assets: 6,682 1,830
Current assets
Debtors: 4 32,099 22,604
Cash at bank and in hand: 43,976 39,028
Total current assets: 76,075 61,632
Creditors: amounts falling due within one year: 5 ( 65,443 ) ( 56,990 )
Net current assets (liabilities): 10,632 4,642
Total assets less current liabilities: 17,314 6,472
Creditors: amounts falling due after more than one year: 6 ( 1,000 ) ( 1,000 )
Total net assets (liabilities): 16,314 5,472
Members' funds
Profit and loss account: 16,314 5,472
Total members' funds: 16,314 5,472

The notes form part of these financial statements

PARKLIFE SOUTH WEST CIC

Balance sheet statements

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

Name: Andrew Price
Status: Director

The notes form part of these financial statements

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:- Plant Machinery and Office Equipment 20 per cent per annum straight line

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 0

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 2,638 2,638
Additions 6,724 6,724
Disposals
Revaluations
Transfers
At 30 November 2024 9,362 9,362
Depreciation
At 1 December 2023 808 808
Charge for year 1,872 1,872
On disposals
Other adjustments
At 30 November 2024 2,680 2,680
Net book value
At 30 November 2024 6,682 6,682
At 30 November 2023 1,830 1,830

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 32,099 22,604
Total 32,099 22,604

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 4,646 7,936
Taxation and social security 14,460 11,082
Accruals and deferred income 46,337 37,972
Total 65,443 56,990

PARKLIFE SOUTH WEST CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

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

2024 2023
£ £
Other creditors 1,000 1,000
Total 1,000 1,000

COMMUNITY INTEREST ANNUAL REPORT

PARKLIFE SOUTH WEST CIC

Company Number: 12316866 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

During the fifth year of operation, ParkLife SW continued to expand its work with volunteers of all ages and backgrounds, with thousands of hours of community volunteer time contributing to local environmental projects. A combination of a post-Covid desire to be participating in out-door activities, and in response to the climate and biodiversity emergencies, volunteers have joined in with tree and hedge planting and other nature conservation projects. This included tree planting carried out through the ParkLife-led DCC Local Authority Treescapes Fund, with volunteers joining projects in north, south, east and west Devon in planting 10,000 trees. ParkLife has continued to support volunteer activity at the Woodland Trust’s new woodland creation project, Yonder Oak Wood, near Woodbury in East Devon. ParkLife also linked up with the Woodland Trust by coordinating the community and educational elements of the Dartmoor Ancient Tree Hunt, part of the NHLF funded Dartmoor’s Dynamic Landscape Pro-ject. ParkLife led 12 events with schools, hard to reach groups and the general public to collect seeds from Dartmoor woodlands, with a view to growing them on in tree nurseries. ParkLife has also worked with the National Trust at its Wembury Barton woodland creation project, supported by the Plymouth & South Devon Community Forest, coordinating local schools and other community groups who visited the site to plant trees and hedgerows. Elsewhere, ParkLife SW has continued to plant traditional orchards, carry out pond restoration, work on a larger number of wildflower meadow creation and management projects, and also run and attend community events. Community groups and individual volunteers have joined in with these projects in good numbers. During 2023/24, new projects for ParkLife included leading the EA funded Yealm Erme Spe-cies Survival (YESS) scheme, developed in partnership with the community, and targeting non-farming landowners to organise schemes to improve water quality in the Yealm & Erme catchments, and enhance landscapes and biodiversity as well. In autumn 2024, ParkLife was also engaged by the Dart Saltmarsh Project to lead the restora-tion work on saltmarshes on the River Dart south of Totnes, working with local volunteers to create brushwood bundles which were then installed within the eroded marshes to help con-serve the fragile habitat. ParkLife has maintained a team of 7 or 8 project officers through the year which means that we can help support the community in more ways. More tools and other equipment have been acquired for use by staff and volunteers who join in with a wide range of conservation projects. ParkLife SW continues to support local groups with grant funding applications, assisting them with the process and therefore helping to take their ideas through to delivery on the ground, supporting each step through planning, consultation, funding to promotion and delivery on the ground. Over the next year ParkLife SW will continue to increase these types of events, planting more trees, conserving and enhancing more habitats and supporting more volunteer groups whilst working with new network partners.

Consultation with stakeholders

ParkLife engages with community groups, parish councils, conservation organisations, green groups on many levels, ensuring that we listen to local voices when designing conservation schemes, and attending stakeholder meetings where appropriate. More formally, ParkLife uses online survey tools to gauge the views of communities. This is particularly useful when consulting on a proposal for a new facility, like a community orchard or nature reserve. The feedback received from such consultations has helped shaped plans and support grant funding applications.

Directors' remuneration

The total remuneration paid to Directors in the year was £81,246. No Director earned more than £60,000.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Keith Rennells
Status: Director