SURF CERRITO CIC

Company limited by guarantee

Company Registration Number:
15040889 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 August 2023

End date: 31 August 2024

SURF CERRITO CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

SURF CERRITO CIC

Profit And Loss Account

for the Period Ended 31 August 2024

13 months to 31 August 2024


£
Turnover: 21,827
Cost of sales: ( 920 )
Gross profit(or loss): 20,907
Distribution costs: 0
Administrative expenses: ( 18,495 )
Other operating income: 0
Operating profit(or loss): 2,412
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 2,412
Tax: ( 458 )
Profit(or loss) for the financial year: 1,954

SURF CERRITO CIC

Balance sheet

As at 31 August 2024

Notes 13 months to 31 August 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 3,950
Investments:   0
Total current assets: 3,950
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 3,950
Total assets less current liabilities: 3,950
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 3,950
Members' funds
Profit and loss account: 3,950
Total members' funds: 3,950

The notes form part of these financial statements

SURF CERRITO CIC

Balance sheet statements

For the year ending 31 August 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 29 July 2025
and signed on behalf of the board by:

Name: Daisy Hill-Norton
Status: Director

The notes form part of these financial statements

SURF CERRITO CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

SURF CERRITO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

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

COMMUNITY INTEREST ANNUAL REPORT

SURF CERRITO CIC

Company Number: 15040889 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

Surf Cerrito is a surf therapy program based in Cerrito de la Virgen, Peru, that uses surfing as a tool to promote mental, physical, and social well-being among local youth. During the financial year 2023–2024, Surf Cerrito’s activities have positively impacted the community in the following ways: - 97 children and young people participated in regular surf therapy sessions, with 94 classes held throughout the year. - The program offered a safe, supportive space for children to improve their surfing, swimming, mental health, and connection to community, with 520 minutes of beach cleaning and 312 hours in the water logged by participants. - Through a structured approach to surf therapy, 74–91% of participants reported positive changes in their self-confidence, well-being, and sense of community, as measured by internationally recognised well-being questionnaires. - A dedicated girls-only surf class was launched, welcoming 15 participants weekly, offering a safe and empowering space to address gender inequality and increase girls’ participation in surfing. - Surf Cerrito hosted and participated in 5 surf competitions, giving young surfers the chance to showcase their talent and resilience on regional and national platforms. - The organisation welcomed 54 volunteers from 13 countries, who supported in roles ranging from surf instruction and environmental education to communications, construction, and fundraising. - Infrastructure was significantly improved: new changing rooms, showers, and a surfboard storage unit were built; a mototaxi with trailer was acquired to reduce transport costs and increase reliability. - Surf Cerrito grew its global presence through participation in international conferences (ISTO, Regenerative Surf Conference), the release of the Libertad documentary, and the expansion of its UK university ambassador program. - Two international fundraising challenges raised critical funds to sustain the project and expand school infrastructure. Surf Cerrito continues to grow as a grassroots program with international reach, staying deeply connected to the local community while sharing its model and impact with the global surf therapy movement.

Consultation with stakeholders

Surf Cerrito’s primary stakeholders are the children and teenagers from the community of Cerrito de la Virgen who participate in the surf therapy program, as well as the local and international volunteers who help deliver it. The program was developed in direct response to the needs and realities of young people in the area, shaped through ongoing conversations with families, community members, and the young surfers themselves. We regularly consult with our young participants through structured and informal methods. For example, a surf therapy well-being questionnaire was completed by 23 children and teens to assess the impact of the program on their mental, social, and emotional health. The findings, showing high levels of reported improvement in confidence, school motivation, and happiness, directly inform how we shape future programming. Weekly “charlas” (group discussions) also provide a safe space for participants to share their thoughts, explore challenges in their lives, and help guide the themes we address in class. Volunteers are another key stakeholder group. In 2024, we improved our onboarding process based on volunteer feedback, including the development of training materials and dedicated accommodations to support collaboration and well-being. Volunteers are involved in all areas of the organisation, from surf instruction and environmental education to communications, construction, and monitoring & evaluation, and regularly participate in weekly team meetings to reflect on lessons, share observations, and suggest improvements. This participatory, bottom-up approach ensures that the direction of Surf Cerrito remains responsive, inclusive, and grounded in the lived experiences of those it serves and depends on.

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
29 July 2025

And signed on behalf of the board by:
Name: Daisy Hill-Norton
Status: Director