SURF CERRITO CIC

Company limited by guarantee

Company Registration Number:
15040889 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

SURF CERRITO CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

SURF CERRITO CIC

Profit And Loss Account

for the Period Ended 31 August 2025

2025 13 months to 31 August 2024


£

£
Turnover: 59,059 21,827
Cost of sales: ( 2,582 ) ( 920 )
Gross profit(or loss): 56,477 20,907
Distribution costs: 0 0
Administrative expenses: ( 32,967 ) ( 18,495 )
Other operating income: 0 0
Operating profit(or loss): 23,510 2,412
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 23,510 2,412
Tax: ( 4,467 ) ( 458 )
Profit(or loss) for the financial year: 19,043 1,954

SURF CERRITO CIC

Balance sheet

As at 31 August 2025

Notes 2025 13 months to 31 August 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 30,890 3,950
Investments:   0 0
Total current assets: 30,890 3,950
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 7,897 ) 0
Net current assets (liabilities): 22,993 3,950
Total assets less current liabilities: 22,993 3,950
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 22,993 3,950
Members' funds
Profit and loss account: 22,993 3,950
Total members' funds: 22,993 3,950

The notes form part of these financial statements

SURF CERRITO CIC

Balance sheet statements

For the year ending 31 August 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 May 2026
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 2025

  • 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 2025

  • 2. Employees

    2025 13 months to 31 August 2024
    Average number of employees during the period 0 0

SURF CERRITO CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Creditors: amounts falling due within one year note

2025 13 months to 31 August 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 4,467 0
Accruals and deferred income 3,430 0
Other creditors 0 0
Total 7,897 0

COMMUNITY INTEREST ANNUAL REPORT

SURF CERRITO CIC

Company Number: 15040889 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

The company supports the running of surf-based youth development programmes in the community of Cerrito de la Virgen, on the northern coast of Peru. Through regular sessions that combine surfing, mentorship, and emotional wellbeing support, the company aims to empower young people with the tools, confidence, and resilience to thrive. During the financial year, the company’s activities have benefited the community in the following ways: - young people have accessed consistent, structured recreational and wellbeing activities in a safe and supportive environment, helping to improve their emotional health and sense of belonging - 90% of participants reported feeling better at the end of sessions compared to the beginning, demonstrating a positive and immediate impact on wellbeing - participants have developed increased confidence, self-esteem, and social skills through engagement in sport and group activities - parents and caregivers have reported improvements in school attendance, academic performance, behaviour at home, and overall confidence among participating young people - a summer swimming programme was introduced, with biweekly sessions running throughout the season; all participants increased their confidence in the water, improving safety and access to the ocean - the girls’ programme was strengthened, led by a local female surf instructor, creating a supportive and empowering space for girls to build confidence, develop skills, and take on leadership roles within the community - a group of youth volunteers has emerged from former participants, stepping into roles of leadership and mentoring; this has created positive role models for younger participants and strengthened pathways for youth-led community development - facilities were improved, including the construction of more robust changing rooms, upgraded showers, and the decoration of shared spaces; these improvements have enhanced the safety, dignity, and overall experience of participants and the wider community using the space - transport was purchased to facilitate travel to and from the beach with participants and equipment, increasing accessibility for those who may otherwise face barriers to participation and enabling more consistent programme delivery - the programme has created opportunities for young people in a low-income coastal community to build a meaningful connection with the ocean and nature, fostering environmental awareness and stewardship - local employment and leadership opportunities have been supported through the involvement of community members in programme delivery and operations - the organisation has strengthened community cohesion by creating a shared space for young people and families to come together, exchange ideas, and support one another Through these activities, the company continues to deliver meaningful social impact, supporting both individual development and wider community wellbeing.

Consultation with stakeholders

The company’s key stakeholders are the young people who participate in our programmes, as well as their parents and wider community. We regularly consult with participants to understand their experiences and improve delivery. At the beginning and end of each session, participants are asked how they are feeling, allowing us to track changes in wellbeing in real time. Across the programme, approximately 90% of participants reported feeling better at the end of sessions compared to the beginning. This ongoing feedback loop helps us adapt sessions to better meet their needs and ensure a positive, supportive environment. We also actively engage with parents and caregivers through community meetings and informal discussions. These consultations provide valuable insight into the broader impact of our work. Parents have consistently reported improvements in school attendance, academic performance, behaviour at home, and overall confidence among participants. This combination of direct participant feedback and parental consultation ensures that our programmes remain responsive, relevant, and impactful within the community.

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 May 2026

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