CLIMBOUT CIC

Company limited by guarantee

Company Registration Number:
16127483 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 10 December 2024

End date: 31 December 2025

CLIMBOUT CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CLIMBOUT CIC

Balance sheet

As at 31 December 2025

Notes 13 months to 31 December 2025


£
Fixed assets
Tangible assets: 3 294
Total fixed assets: 294
Current assets
Cash at bank and in hand: 11,905
Total current assets: 11,905
Creditors: amounts falling due within one year: 4 ( 2,262 )
Net current assets (liabilities): 9,643
Total assets less current liabilities: 9,937
Total net assets (liabilities): 9,937
Members' funds
Profit and loss account: 9,937
Total members' funds: 9,937

The notes form part of these financial statements

CLIMBOUT CIC

Balance sheet statements

For the year ending 31 December 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 directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 September 2026
and signed on behalf of the board by:

Name: Agustin Guardiola
Status: Director

The notes form part of these financial statements

CLIMBOUT CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

CLIMBOUT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

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

CLIMBOUT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 378 378
Disposals
Revaluations
Transfers
At 31 December 2025 378 378
Depreciation
Charge for year 84 84
On disposals
Other adjustments
At 31 December 2025 84 84
Net book value
At 31 December 2025 294 294

CLIMBOUT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

4. Creditors: amounts falling due within one year note

13 months to 31 December 2025
£
Taxation and social security 2,262
Total 2,262

COMMUNITY INTEREST ANNUAL REPORT

CLIMBOUT CIC

Company Number: 16127483 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

During the financial year, ClimbOut CIC delivered the ClimbOut 2025 Festival in the Peak District, providing opportunities for LGBTQ+ people to participate in outdoor climbing, develop skills, improve wellbeing and build supportive social connections. The festival brought together 366 participants, including attendees, instructors, volunteers and partner organisations, and offered 215 climbing course places alongside workshops, talks and community activities. The company focused on reducing barriers to participation through accessibility measures, equipment loans, subsidised places and 36 bursary places for people facing financial hardship, including bursaries for people from racialised minorities and people with disabilities. In partnership with Plas y Brenin (the national mountaineering centre for England and Wales) the company delivered training and assessment courses for 15 LGBTQ+ people relating to qualifications as indoor climbing and rock climbing instructors and summer mountain leaders. The company's activities were funded through a combination of festival ticket income, financial support from partner organisations, including the British Mountaineering Council and Patagonia and Plas y Brenin, and donations. enabling it to keep the festival accessible and provide targeted financial assistance to participants who might otherwise have been unable to attend. These activities supported the company's objective of creating a more diverse, accessible and inclusive climbing community and workforce and increasing participation in outdoor recreation amongst groups that are traditionally underrepresented within climbing.

Consultation with stakeholders

ClimbOut CIC actively consulted with its stakeholders throughout the year, including festival participants, volunteers, instructors, partner organisations and members of the LGBTQ+ climbing community. Feedback was gathered through participant surveys, diversity monitoring, instructor feedback and ongoing engagement before and after the festival. This consultation informed the development of the festival programme, accessibility arrangements and participant support measures, including enhancements to social activities and efforts to improve inclusion for underrepresented groups. Stakeholder feedback also demonstrated high levels of satisfaction, inclusion and skills development amongst participants, helping the directors evaluate the impact of the company's activities and ensure that future provision continues to meet the needs of its beneficiaries.

Directors' remuneration

No remuneration was paid to directors in recognition of their role as directors. Two directors who are qualified climbing instructors and who provided climbing instruction services during the festival were paid for two days’ work at the same daily rate paid to all the climbing instructors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 September 2026

And signed on behalf of the board by:
Name: Agustin Guardiola
Status: Director