CATTLESKATE ACADEMY CIC

Company limited by guarantee

Company Registration Number:
SC791277 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 4 December 2023

End date: 31 December 2024

CATTLESKATE ACADEMY 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

CATTLESKATE ACADEMY 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

The principal activities of the company are to provide free skateboarding coaching sessions and community-based activities aimed at improving physical and mental wellbeing, supporting skill development, and fostering social connections among participants of all ages and abilities.



Directors

The director shown below has held office during the whole of the period from
4 December 2023 to 31 December 2024

Reece Fraser Archibald


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
13 August 2025

And signed on behalf of the board by:
Name: Reece Fraser Archibald
Status: Director

CATTLESKATE ACADEMY CIC

Profit And Loss Account

for the Period Ended 31 December 2024

13 months to 31 December 2024


£
Turnover: 1,319
Cost of sales: ( 747 )
Gross profit(or loss): 572
Distribution costs: 0
Administrative expenses: ( 7,942 )
Other operating income: 6,729
Operating profit(or loss): (641)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (641)
Tax: 0
Profit(or loss) for the financial year: (641)

CATTLESKATE ACADEMY CIC

Balance sheet

As at 31 December 2024

Notes 13 months to 31 December 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 1,097
Investments:   0
Total fixed assets: 1,097
Current assets
Stocks: 4 747
Debtors: 5 160
Cash at bank and in hand: 0
Investments:   0
Total current assets: 907
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 907
Total assets less current liabilities: 2,004
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 2,004
Members' funds
Profit and loss account: 2,004
Total members' funds: 2,004

The notes form part of these financial statements

CATTLESKATE ACADEMY 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 13 August 2025
and signed on behalf of the board by:

Name: Reece Fraser Archibald
Status: Director

The notes form part of these financial statements

CATTLESKATE ACADEMY 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

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    13 months to 31 December 2024
    Average number of employees during the period 3

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 0 0 0 1,097 0 1,097
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 December 2024 0 0 0 1,097 0 1,097
Depreciation
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 December 2024 0 0 0 0 0 0
Net book value
At 31 December 2024 0 0 0 1,097 0 1,097

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Stocks

13 months to 31 December 2024
£
Stocks 747
Payments on account 0
Total 747

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Debtors

13 months to 31 December 2024
£
Trade debtors 0
Prepayments and accrued income 0
Other debtors 160
Total 160
Debtors due after more than one year: 0

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Financial Commitments

At the end of the financial year, the company had no capital or other financial commitments.

CATTLESKATE ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

7. Loans to directors

Name of director receiving advance or credit: Reece Fraser Archibald
Description of the transaction:
Director’s loan provided for initial startup costs and purchase of equipment.
£
Balance at
Advances or credits made: 250
Advances or credits repaid: 90
Balance at 31 December 2024 160

COMMUNITY INTEREST ANNUAL REPORT

CATTLESKATE ACADEMY CIC

Company Number: SC791277 (Scotland)

Year Ending: 31 December 2024

Company activities and impact

In 2024, Cattleskate Academy CIC delivered 312 free skateboard coaching slots to participants aged 5 and above, ranging from complete beginners to intermediate-level skaters. Our sessions provided a safe and inclusive environment where people of all abilities, including those with a range of health conditions and additional needs, could take part. Through these sessions, participants developed their skateboarding skills, improved physical fitness, and supported their mental well-being. The coaching also encouraged social connections and friendships, fostering a stronger sense of community. By removing financial and accessibility barriers, our CIC ensured that everyone had the opportunity to benefit from the positive impact of skateboarding.

Consultation with stakeholders

Cattleskate Academy CIC actively consulted with stakeholders throughout 2024 to ensure our activities met community needs. Stakeholders included participants and their families. We used feedback forms following sessions to gather insight on preferred session times, content, and suggestions for improving the skatepark. This feedback led to a broader community consultation: the Banff Skatepark Community Consultation was held online where participants shared ideas and priorities for the park’s future development. Actions taken in response to feedback included adjusting coaching session plans, expanding session offerings, and using participant suggestions to guide improvements at the skatepark, ensuring activities supported skill development, social interaction, and overall well-being.

Directors' remuneration

The CIC has two directors. During the financial year 2024, directors received remuneration through the company’s PAYE scheme. Total remuneration paid to directors for the year amounted to £555. Payments were made in line with their roles and responsibilities as directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 August 2025

And signed on behalf of the board by:
Name: Reece Fraser Archibald
Status: Director