Contents of the Financial Statements

for the Period Ended 31 October 2025

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

Directors' report period ended 31 October 2025

The directors present their report with the financial statements of the company for the period ended 31 October 2025

Directors

The directors shown below have held office during the whole of the period from
1 November 2024 to 31 October 2025

Mr Jaimie Walshe
Mr Joseph Griffiths
Ms Hannah Gooding

The director shown below has held office during the period of
1 November 2024 to 1 August 2025

Mr Clive Price

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
28 July 2026

And signed on behalf of the board by:
Name: Mr Jaimie Walshe
Status: Director

Profit And Loss Account

for the Period Ended 31 October 2025

	2025	2024
	£	£
Turnover:	8,892	0
Cost of sales:	( 10,500 )
Gross profit(or loss):	(1,608)	0
Administrative expenses:	( 2,326 )	( 2,229 )
Operating profit(or loss):	(3,934)	(2,229)
Profit(or loss) before tax:	(3,934)	(2,229)
Profit(or loss) for the financial year:	(3,934)	(2,229)

Balance sheet

As at 31 October 2025

	Notes	2025	2024
		£	£
Fixed assets
Tangible assets:	3	5,898	4,873
Total fixed assets:		5,898	4,873
Current assets
Stocks:	4	96	96
Cash at bank and in hand:		5,563	24
Total current assets:		5,659	120
Creditors: amounts falling due within one year:	5	( 12,034 )	( 1,536 )
Net current assets (liabilities):		(6,375)	(1,416)
Total assets less current liabilities:		(477)	3,457
Total net assets (liabilities):		(477)	3,457
Members' funds
Profit and loss account:		(477)	3,457
Total members' funds:		( 477)	3,457

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 October 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.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 October 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

  Turnover policy

  Income is derived from the receipt of grants and funding. For the year ending 31 October 2025, Peace Out Paddling CIC received funding from the National Lottery Community Fund totalling £19,400. As at 31 October 2025, £10,508 of this funding was deferred for ringfenced expenditure and costs incurred from 1 November 2025 onwards

  Tangible fixed assets depreciation policy

  Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery: 20% Reducing Balance Computer Equipment: 20% Reducing Balance

Notes to the Financial Statements

for the Period Ended 31 October 2025

• 2. Employees

  	2025	2024
  Average number of employees during the period	4	4