BROOME ISLAND COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12566419 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 1 May 2024

End date: 30 April 2025

BROOME ISLAND COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 April 2025

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

BROOME ISLAND COMMUNITY INTEREST COMPANY

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Principal activities of the company

Broome Island CIC exists to provide access to adventurous activities and outdoor education through the stewardship of the Broome Island site. The company works in partnership with community and youth organisations to make outdoor learning accessible to a wide demographic, particularly young people in Leicestershire.

Additional information

Broome Island CIC remains committed to delivering outdoor education opportunities. During the year, the organisation continued to work with the Sea Cadets and other partners to provide expedition facilities for the Duke of Edinburgh’s Award. Plans are in place to apply for formal recognition as an Approved Activity Provider with the Duke of Edinburgh’s Award, which will allow the organisation to deliver a greater range of supported expeditions. In the coming year, the company will launch Paddle Beyond, a trading name of Broome Island CIC. This new initiative will offer kayak hire to the general public on commercial terms. All income generated from Paddle Beyond will be reinvested into the company’s core mission, enabling further investment in facilities and equipment, and supporting the delivery of affordable or free expedition opportunities to young people.



Directors

The directors shown below have held office during the whole of the period from
1 May 2024 to 30 April 2025

Edward Greenwood
Benjamin Groombridge
Daniel Mears
Simon Walmsley
Peter Clarke


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
1 August 2025

And signed on behalf of the board by:
Name: Peter Clarke
Status: Director

BROOME ISLAND COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 April 2025

2025 2024


£

£
Turnover: 3,120 18,187
Cost of sales: ( 1,561 ) ( 19,957 )
Gross profit(or loss): 1,559 (1,770)
Administrative expenses: ( 1,589 ) ( 1,638 )
Operating profit(or loss): (30) (3,408)
Profit(or loss) before tax: (30) (3,408)
Tax: 0 0
Profit(or loss) for the financial year: (30) (3,408)

BROOME ISLAND COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 April 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 7,033 7,538
Total fixed assets: 7,033 7,538
Current assets
Debtors: 4 650 205
Cash at bank and in hand: 841 829
Total current assets: 1,491 1,034
Creditors: amounts falling due within one year: 5 ( 98 )
Net current assets (liabilities): 1,491 936
Total assets less current liabilities: 8,524 8,474
Creditors: amounts falling due after more than one year: 6 ( 16,823 ) ( 16,745 )
Total net assets (liabilities): (8,299) (8,271)
Members' funds
Profit and loss account: (8,299) ( 8,271)
Total members' funds: ( 8,299) (8,271)

The notes form part of these financial statements

BROOME ISLAND COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 April 2025 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 1 August 2025
and signed on behalf of the board by:

Name: Simon Walmsley
Status: Director

The notes form part of these financial statements

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 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

    Tangible fixed assets depreciation policy

    Property, Plant & Equipment: 10% flat line basis assuming no residual value Motor Vehicles: 10% flat line basis assuming no residual value

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2024 0 8,278 1,000 9,278
Additions 4,894 4,894
Disposals ( 4,995 ) ( 4,995 )
Revaluations
Transfers
At 30 April 2025 4,894 3,283 1,000 9,177
Depreciation
At 1 May 2024 1,440 300 1,740
Charge for year 304 100 404
On disposals
Other adjustments
At 30 April 2025 1,744 400 2,144
Net book value
At 30 April 2025 4,894 1,539 600 7,033
At 30 April 2024 0 6,838 700 7,538

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Debtors

2025 2024
£ £
Trade debtors 97 205
Prepayments and accrued income 553
Total 650 205

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

5. Creditors: amounts falling due within one year note

  2024
  £
Trade creditors 98
Total   98

BROOME ISLAND COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 April 2025

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

2025 2024
£ £
Other creditors 16,823 16,745
Total 16,823 16,745

COMMUNITY INTEREST ANNUAL REPORT

BROOME ISLAND COMMUNITY INTEREST COMPANY

Company Number: 12566419 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

Broome Island CIC exists to provide access to adventurous activities and outdoor education through the stewardship of the Broome Island site. The company works in partnership with community and youth organisations to make outdoor learning accessible to a wide demographic, particularly young people in Leicestershire. Despite a reduction in total income compared to the prior year, primarily due to the conclusion of the Tarmac Grant. The company’s financial performance improved. A small operating surplus was achieved before depreciation, and the company broke even after accounting for depreciation and taxation. This reflects stronger operational efficiency, and is supported by an increase in gross profit of £3,000. In the coming year, the company will launch Paddle Beyond, a trading name of Broome Island CIC. This new initiative will offer kayak hire to the general public on commercial terms. All income generated from Paddle Beyond will be reinvested into the company’s core mission, enabling further investment in facilities and equipment, and supporting the delivery of affordable or free expedition opportunities to young people.

Consultation with stakeholders

Broome Island CIC remains committed to delivering outdoor education opportunities. During the year, the organisation continued to work with the Sea Cadets and other partners to provide expedition facilities for the Duke of Edinburgh’s Award. Plans are in place to apply for formal recognition as an Approved Activity Provider with the Duke of Edinburgh’s Award, which will allow the organisation to deliver a greater range of supported expeditions.

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
1 August 2025

And signed on behalf of the board by:
Name: Peter Clarke
Status: Director