PREVAIL SKATEHOUSE C.I.C.

Company Registration Number:
08296122 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

PREVAIL SKATEHOUSE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2025

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

PREVAIL SKATEHOUSE C.I.C.

Profit And Loss Account

for the Period Ended 30 November 2025

2025 2024


£

£
Turnover: 364,841 347,310
Cost of sales: ( 75,031 ) ( 61,100 )
Gross profit(or loss): 289,810 286,210
Distribution costs: 0 0
Administrative expenses: ( 308,841 ) ( 282,189 )
Other operating income: 0 250
Operating profit(or loss): (19,031) 4,271
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (19,031) 4,271
Tax: 0 ( 1,901 )
Profit(or loss) for the financial year: (19,031) 2,370

PREVAIL SKATEHOUSE C.I.C.

Balance sheet

As at 30 November 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 24,801 30,101
Total fixed assets: 24,801 30,101
Current assets
Stocks: 4 1,150 1,150
Debtors: 5 23,013 20,957
Cash at bank and in hand: 5,043 12,479
Total current assets: 29,206 34,586
Prepayments and accrued income: 16,250 21,635
Creditors: amounts falling due within one year: 6 ( 60,127 ) ( 54,063 )
Net current assets (liabilities): (14,671) 2,158
Total assets less current liabilities: 10,130 32,259
Creditors: amounts falling due after more than one year: 7 ( 2,917 ) ( 7,916 )
Total net assets (liabilities): 7,213 24,343
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 7,113 24,243
Total Shareholders' funds: 7,213 24,343

The notes form part of these financial statements

PREVAIL SKATEHOUSE C.I.C.

Balance sheet statements

For the year ending 30 November 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 14 August 2026
and signed on behalf of the board by:

Name: MR A Hill
Status: Director

The notes form part of these financial statements

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 6

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2024 29,402 109,170 26,213 5,720 170,505
Additions 618 296 914
Disposals
Revaluations
Transfers
At 30 November 2025 29,402 109,788 26,213 6,016 171,419
Depreciation
At 1 December 2024 20,320 95,169 21,627 3,288 140,404
Charge for year 908 3,539 1,147 620 6,214
On disposals
Other adjustments
At 30 November 2025 21,228 98,708 22,774 3,908 146,618
Net book value
At 30 November 2025 8,174 11,080 3,439 2,108 24,801
At 30 November 2024 9,082 14,001 4,586 2,432 30,101

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

4. Stocks

2025 2024
£ £
Stocks 1,150 1,150
Total 1,150 1,150

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

5. Debtors

2025 2024
£ £
Other debtors 23,013 20,957
Total 23,013 20,957

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

6. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 10,480
Taxation and social security 11,289 13,857
Accruals and deferred income 350 350
Other creditors 38,008 39,856
Total 60,127 54,063

PREVAIL SKATEHOUSE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2025

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

2025 2024
£ £
Bank loans and overdrafts 2,917 7,916
Other creditors 0 0
Total 2,917 7,916

COMMUNITY INTEREST ANNUAL REPORT

PREVAIL SKATEHOUSE C.I.C.

Company Number: 08296122 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

Prevail Skatehouse CIC operates an indoor and outdoor skatepark facility which consists of a purpose-built series of ramps and jumps. The facility provides the opportunity for both children and adults to ride and practice tricks on skateboards, BMX bikes and scooters in a safe environment. As well as being great fun and a healthy form of exercise, riders and learn new skills and perhaps discover a talent in a what is now an Olympic sport. The local community benefits in a number of ways. Firstly by having a leisure facility offering healthy exercise and a place for social interaction. It is also utilized by schools as an after-school club. The facility can also have a positive impact on mental health, particularly for children – with a separate rink for younger children. It is a safe environment for children to spend time at, getting exercise and learning skills. It can also just be a safe place for children from troubled backgrounds to escape for a while from the stresses of their lives at home.

Consultation with stakeholders

The stakeholders are in the main, the customers and users of the skatepark. Consultation and feedback is obtained through asking customers to provide reviews and ratings through social media outlets popular with the customers. This feedback is always read, reviewed and responses given when appropriate. The feedback has been overwhelmingly positive.

Directors' remuneration

The amount paid to the director as a normal salary is £12,570

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 August 2026

And signed on behalf of the board by:
Name: MR A Hill
Status: Director