for the Period Ended 30 April 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2025
Principal activities of the company
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
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2025 | 2024 | |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Creditors: amounts falling due within one year: | 5 |
(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 6 |
(
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(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
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| Total members' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 April 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 April 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 30 April 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 May 2024 |
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| Disposals |
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| At 30 April 2024 |
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for the Period Ended 30 April 2025
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| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Total |
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for the Period Ended 30 April 2025
| 2024 | ||
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| £ | ||
| Trade creditors |
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for the Period Ended 30 April 2025
| 2025 | 2024 | |
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| £ | £ | |
| Other creditors |
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| Total |
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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.
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.
No remuneration was received
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