Company registration number: 07421247
Charity registration number: 1140191
Combat Surfers
Trading as Surf Action
IA company limited byguar8nte8.1
Annual Report and Unaudited but Independently Examined Accounts
Fortheyearended 31 October 2023
AMLAccountancySolutions Ltd
52 Laity Fields
Camborne
Cornwall
TR148RT

Combat Surfers
Contents
Pages
Reference and Administratwe Details
Trustees, Report
4t07
Independent Examin6rs R8POrt
8t09
Statement of Financial Activiti88
10
Balance Sheet
11
Notes to the Accounts
12to21

Combat Surfers
R8fer8nca and Administrative Details
Charity name
Combat Surfers
Charity registration number
1140191
Company registratlon numbar
07421247 (Registèred in England & Wales)
Registered offlce
52 Larty Fields
C8mborne
Cornwall
TR14 8RT
Trustee8
Alan Rowe
Deborah Harrison
Douglas Beli
Key management personnol
Mark Wesson
Mel S8nders
Manager
DSTOICoaching & Mentorln8. Armed Forceg
Families & Veterans Support Officer.
Bankors
Barclays Bank
819 Jew Street
Penzance
Cornwall
TR18 2TW
Indopendent Examlner
Adam Sloan ACCA FMA4T A4TQB CAT
AML Accountancy Solution8 Ltd
52 Laity Fields
Camborne
Cornwall
TR14 8RT
Page 3 of 21

Combat Surfers
Trustees, Report
The Trustees, who are also diiectOf8 olthe charityforthe purposes of Ihe Companies Act 2(K16, preseni ihelr report
with the un8udiied financial statements ofthe charttylorthe year eiKled 31 Ociober 2023.
Objectlves and Actlvltles
The charlty's objeetlves are-
1. To promote and protect the physical and mental health. wellbeing and welfare of..
11 Those Individuals who have been injured or sufiered illness whilst 8etwing in the Armed Force8 of the
Crown. reserve forces and Ihe cévilian emergency services. and
lil Their dependants and carers.
1111 Those civilians which the trustèes may from timeto lime d8om to W8rr8nt 8UPPOrt.
By 8ny18wful chailtabLe puipo888. but not exclu8Nely, the followSng-
al The provision of treatment 8nd support, includin8 Iniroduclng them to Suffing and other high intensity
wat9r sports,
bl Involvingthem in peer group 8etlvities. 8nd
cl Providlng thèm wth s¥Jch lacilitie8. equipment or 8ervlces18uch 88 the prov181on of o rghabilitstion and
recovery centrel as the Irustees may from time to time decide.
2. To a8SiSt serwng and former membèrs of the Amed Forces of the Crown to resettlg and rehabilitate into civilian
life, bLrt not exclusiv8ly by the provislon of support seivices, 8dvice. guidance. employment support. tultlon and
he8lthcar8 where 8ppropriaie.
The trust888 consider the ch8rity* objectlv88 to be con818tent wllh the Charlty Commlssion's 8uld8nG¢ on publi¢
benefit.
Achlevements and Performance
Surf Actlon has rhls year run courses for locol community members. family members, velerans, serving personn81
8nd their families. This equ8te$ 10 38 children 8nd 42 parentslguaTdi8n8 ol the children and Indlvldual 8dult clients
which h88 been a gre8t succes8. These cour888 involved outdoor walking in stunning sgttings. sea swimming.
positive ther8py courses on the Corni8h coastline and ocean-based surfcourses 8t Gwithian. Cornwall.
These courses and programme$ Y•*re klndly funded th￿u￿ the chan￿ng Minds Project funded by the Notional
LotteryCommunSty Fund. Worklngwith ouriher8py profe8slonal8 8nd volunieersw8 h8¥e $98n some great changes
in people's lives and hope to bring them some semblance of normality and give them a sense of purpose to be 8bl8
to function as independentlyas possiblewr(htho supponfrom their respective communities. Once our participants
finished their individualcourse, theyworkgd closely withour coach mentorto develop programmes and supportfor
them8elve8 Wlth a new in8ight into PO8iliwty. Th18 cre81e¢J a wrap-around system to great effeci. The e8rly
intervèntion systern and support group connection was clear to see. A humanistic approaoh and sensitivg
conversations wilh empathetic people are a musl and we were verygrateful to ourvolunteers forthis service.
Page 4 of 21

Combat Surfers
Trust88s' Report
Financial Review
The incoming resources forthe year were £5.15612022 £130,164) whilstthe oirtgoing resources were e89,881
12022 £111.1751 gSvSng a deficit for the yeai 01£84.72512022 £18.989 surplus). Unrestricted free reserves at the
end ol theyear were £196.48512022 Èl￿,6561.
Donors were contacted to review the position in terms of allocation of costs to restricted lunds. The Armed ForGes
Cov8n8ni Trust reviewed all Iheir funoing with us and refunds of granls relatlng to unspent sums or inellgible
expenditure were rnade after Ihe year end. We h8ve accrued these payments in these accounts wtth 8ny required
transfers lo unrestricted funds.
Reserve$ Poll¢y:
The irustees revlew the chartys reserve8 policy 8nnuolly. toklng Into eonslde18tlon ihe charlty's current 8nd fulure
requirements.
The calculBtion of the required level ol reserv88 18 8n integral p8rt of th8 ¢h8rity's planning. budgei and forecast
cycle. It considers the Charitys planned 8etiwty level, 8nd Ihe risks 8ssociatsd with each incomè sire8m, whlch Is
mainly from grant funding tsodigs. and expenditure being differènt trom that initially budgeted for.
The charity pl8n8 to spend most of its revenue income e8ch yegr on the voterèns in its caie. However. sums also
need to be set 8slde 8nnually. for the planned replacemeni of capit81 item8 such os surf aquipment, IT 8nd oth9r
essentl81 equipment. Also to mBint8in the chartys free reserves to cover curient C8shflow requiremen18, period8
where gr8nt income Is Insufficient to covei standard operatin8 CO$t$ and the poteniial to cover 8ny Closure costs
should Ihis ever be required.
The trust888 h￿￿ 8et the eurfent free ieserve8 pollcy ￿ £72,(MJO whlch. wlth growth in it3 servic88, equat&8 to the
¢h8rity's cor8 Costs. The trustees are fully aware of the ftuld nature ol the chArity'8 business and working wlth the
oper8tlons19od will odjust the finances accordingty. wtlhoth ever comprom18ingthe sgrvicg the ch8flty d8llvers.
The ¢h8ritl$ free reserves Currently exceed Ihe Set reserves poilcy level. How8V8r. tho tTUStg0s are con8clous ol
their respon31bilities to ensure sulh'¢ient re8er¥*8 are retained In recognrtlon of good practlce and to malni8ln a
secure financial future lor the charity.
The charty and Its Irustggs ar8 continually looking to secure lunding from 88 wide a sphere 8$ possible. Good
flnancl8lpLanningand monitoringbyfinance staff andtrustees ensuresihatanyfuturefinanclal needs are identified
e8rly.
The ch8rlty18 reliant on grant fundlng income to support its charitablo aGtivities.
Golngconcem:
After making appropri￿e enquiTies, the trustees have a ￿8$ofiabLe expect8tion that the charty has adttquote
resources to continLbe in operational existence for the foreseeable future. For tttis reason, they continue to adopt
the going¢oncern basis in p￿paringthe financial statements.
Rl8k Management:
Tha irusiaes have assessed the major risks to which the ch8Fity is expos80. In par(icuiar thos8 related io the
operations and finances ol the charity, and are salisfied ihat systems and p￿￿edureS 8re in place to mitigate its
exposure to 8ny major r￿$*$.
Page 5 of 21

Combat Surfers
Trustees. Report
Plans For Future Periods
Future Developments:
We have been act1￿ In 8ttractinglundingfrom as manysources byspre8dingowar8ness ofthe charity and its work.
Funding has been soughtfrom all th8 Milit8ryChartties and Irom outsi¢Ye the stanoard communityfunding$tre8ms.
Key links are developing with many lundraiseis, which are now coming to fruition, to be ytilised in Larger projects
being planned tor 2023 and beyond.
H8ving 8 targer ie8m h88 made our I￿8 8 de81 easler and we are confident that the hard work Is paying olf.
We would like to thank allthe prolessional peoplethat tye uptheirvaluabletime to act 8s ourvolunt8er8 ond who
directly help individuBls a¢higVe thgir personal goals.
Our go81 is to continue delivering as many be8ch clinics. 888 Swimming clinic8 and walking groups Bs posslbla,
developing access to more Individuals. f8mily members and QUT Otherwider eommunity members. We continue to
strengthen the delivery and support of well-being seryices to meet the growth in dem8nd from 8ClOSS the county.
We have set up support hubs in the form of bre8kf8St clubs in Boomin. Falmouth and further afiold.
SurfAction continues to work with Universityof E8St Anglia. Ru$kin Universlty and the Unlver81ty ot Boston IUSAI to
quantlfy and slreamlln8 the exact delivery processes and to i(Jentify the real needs of serving personnel 8nd
veier8n8. Thls 58 an ongolng programmg of de￿10pmerrt as research is ever changing ond must be qualified and
quontifled.
We eontinue to develop more connectlons wilh schools 8nd colleg85 who havè military chlldren wlthln thelr
9ducalion remit. This enhances and further develops our policies of knittingtsmiligs togeth8r after deployment. 88
well 8S oworeng3$ within schools who hav8 chlldren of serying military tsmllle8 in their cohorts, who offer
Interventlon as a prerequi81te.
Structure, Governance and Management
Con3tltutlon:
The ch8rily is iegistered as 8 ¢haritablg company limited by guarantee and was set up by a Memor8ndum ond
Articles of A880ei8ton on 27 October 2010, the amendmenito the Momorondum *nd ArtiGles of Association
was on 30 Janu8ry2017.
The principal object ol the charlty is to promote gnd protect Ihe physical and menial healih 8nd welfare of those
who have been wounded whilst semng in the Armed Foices 8n¢J cr¥i118n emergency services. and those civlllans
which the trusi888 may from tlme io tlme deem io warrant support. and to help people deal wilh the ongoing
problems ol Post Traumatic Stre8s Di80rder IPTSDI by introdu¢ingthem to Surfing and othef peer group actNites.
Methods of appointment or election of trustees:
Potential trustees aTe selected from individu818 who are interested In fiJnheNng the work of ihe ch8rlty. they are
8fven & copy of Ihe Charity Commisslonb booklet CC3 Yhe Essemial Trustee" upon glection and all rolevant
information explained. During the reciuitment process external relationships 8re considered 8nd 8nyone found to
have a conflict of interest is nol considered furlheT. New trustees are issued with guidance on what is expected of
them. ALI trustees are expected to act 85 a leam for the good ol the charty-
Page 6 of 21

Combat Surfers
Trustees, R8POrt
Organlsatlonal Stru¢ture and Decision Makin¢
The m8nogement of the ch8rity is the responsibilty of the trU￿e88 who 8re elected 8nd co-opied under the terms
of tho Articles of Assoclallon. The trustees agree the broad strategy of the charity and the d8yto day running of tha
charity is cooidbnated tythe managementteam.
Trustees ResponslbSlltles
The Trustee8 ar8 responslble for keeplng proper accountin8 rgcor(Js that dlsclose. with rg3$onable 8ccuracy at
8ny time. the financial position ofthe charty and to enabl6th8m io ensure thot the flnanclal Statements comply
wlth the Charitles Act 2011. the Comp8nles Act 2006 and the 8pplic8ble Statement of Rècommended Practice.
The Trustees are also responslble for safeguarding the a888ts Otthe ch8rity and henca t8klng r88son8blo stgps for
the prevention and deiection of fraud 8rbd other Irre8ularilies.
In 80 f8r as the trustees are 8w8re-
th8re18 no relevant infofm8llon ofvthich ihe charltabie company* Independent examiner 18 unaw8re:
and
the trust888 have t8ken all 818ps thatthey ouglii to have taken as trustees to mak8 themsèlve8 8waie of
any relevani Inform8tion and to establish th&t the independent examingr 18 8waie of that informalion.
Approved tylhe Boord on 10° D8cemb8r 2024 and Sign8d on Its behalf by:
Dougl05 Bèll
Ch8ir &Trustee
10 December 2024
Page 7 of 21

Combat Surfers
Independent Examiners Report
Independent Examlner's Report to the trustees of Combet Surfers
I reportlOthech8rity'strusteeson my examination of the accounts of Combat Surfers forthe y8ar ended 31 October
2023 which comprise the Statement of Financial Activitie5. the Summary income and Expenditure Account. the
Balance Sheet and related notes.
Respective responsibilities of trustees and examiner
The trustees (who are also the direclors of the company lor the purposes of company lawl are responsible lor the
preparotion ot the accounts in accordance with the requirements of the Charltle8 Act 2011 1-th8 2011 Act.). The
trustees ¢onsidoT that an audit is not Tèquirod for this year undor Section 144(21 of the 2011 Act and that an
indepgndent examln*tion Is needed.
Havlng satisfied myself that lh8 charty is not Subjèct to audti under company Law and 18 ellgible for independent
exaMSn￿l0n. ￿ is my respon8ibilityto.'
ex8mlne ihe accounts und8r soction 145 ofthe 2011 Act-
follow the proe8dLsres18id down in the Gener81 Directions giNBn bythe Charlty Comm1881on under section
145151 Ibl ol the 2011 Act.
and state whèther m8tt8r8 have come to my attention.
Basls ol Independent Examlner's Report
This independent examinotion wo$ undertaken in 2024 8fterthe Trustees requested 8 det8iled review of the
finBnciBI statements lor 2023. The Trustees identilied potent181 errors 8nd in8ccur8cie8 in the allocation of cosi8
8cross funds. whi¢h noGessitated 8 Ihorough re-evalu8tlon of the financl81 records and accounts. This will r8qulre
resubmission ofthe 2023 accounts.
My examln8tlon was carriod out in a¢¢ordan¢o with lh8 Genèrnl Directions gfven tyThe Charty Commisyion. An
ex8minÈtlon includes 8 T8vlewof Ihe 8ccouniing records kept by the charity and a comp8ri8on ofthe accounis
presented with th08e records. It also includes consideration of any unusual items or disclosures in the accounts
8nd seeking explanatlons from you as trustee$ ¢on¢erning any such m8tters. The procedures undert8ken do not
provide all the evidence that would be rèquired in an audii and consequentty no opinion is given 8$ to whether the
accounts PTesent 8'true and tsir view. and the report18 limlted 10 th08e m8tter8 set out the stotomgnt below.
Amendments and Resubmlsslon olAccounts
Duringthe p￿par*Fon of the 2023 accounts, ty40 issues were ident¢fied'.
Minor Misallocatlon of Costs Across Fund8- A sm811 portlon of costs were 8Uocated to the incorrect funds.
which has now been correctsd to gnsuro compliance with donor restn'ctions and accuratefund reportbng.
2. Corrected Opening B81ances'. The corrected brought-torw8rd fund b818nces from 2021 and 2022
amendments were incorporated inlo the 2023 accounts. ensuring an a¢cuf8te repr8sen18tion ofthe
charttyb financlal position.
These amendments ensure the charitys accounts comply wth the principles set out in the Ch&rities SORP IFRS
1021- As the accounts for the year ended 31 October 2023 y￿re previously submitted with the errors. lh&
trusteesldirectors have exp￿Ssed a desire to resubrnrt the 8mendeO 8ccounts to The Ch8rity Commission and
Companies House immediatelylolLowing my review.
Page 8 of 21

Independent exarninerfs 5tstement
I have completed my examination. I can confinn that no material matters other than those noted above have
Come to my attention in conneclion with the examination gfvlng me (ause to believe that:
accounting records were noi kept in accordance with section 386 of the 2(K)6 Art.. or
the accounts do not accord wtth those records: or
the accounts do not comply with the accounting requiremènts under sèctiDn$ 396 of the 2CM)6 Act
other than any requirement that the accounts give a 'true and fair. view which 15 not a matter
consideied a5 Part of an iThJependent examination- or
the accounts have not been prepared In accordance wlth the Charllles SORP IFRS 102}.
A detalled revlew Including a software migration ha5 been conducted to ensure accuracy of the fvnd ￿pOrtIng
moving forwards and allow great securtty of the charity's flnances. Specific processe5 have been implemented
and Current processes bolstered to ensure the accuracy of reportin8 moving foryRrd Including a detailed
quarterly review with the charity's chosen accountant.
I have no other concern5 and have come across no other matters In connertlon with the examination to
which In my opinlon, attention should be drawn in order to enable a proper understsnd of the accounts to be
reached.
Adam Sloan ACCA FMAAT AATQ8 CAT
AML Accountancy Solutlons Ltd
10 December 2024
Page 9 of 21

Combat Surfers
ststement of Financial Activities
For tha year ended 31 October 2023
Unrnstrkted Restrlcted
Funds
Fund$
2023
2023
Total
Furbds
Totsl
Funds
2022
Noto•
Incom• and •ndowm•nts
from".
Donationg and legocl88
Charitable activities
7.268
7.288
12,1121
18.514
111.650
Total
12.1121
5.176
130.164
Expendltura on:
Raising funds
Charitable activitios
1041
87.840
89.881
111.175
Total
2.041
87.840
89,881
111.175
Net galn8 on Invostmont8
N•1 In¢om•
5.227
189.9521
18.989
Tr8nsf8rs b8￿eenIund$
Not Income l)olore other
Galn51Ilo￿0•)
Oth•r plns and (oM••:
Net movementolfvnds
5.227
189.9521
18.989
5.227
{89.952}
18.989
Re¢on¢lllatlon otfunds:
Tolal lunds brought
Forward
193.
171,251
364.315
345.326
Totallunds carrled
forward
198.291
81,299
279.590
364.31S
This statement of financial act￿[188 Include8 8llgain8 and losses recognised in the ye8r.
Ali Income and expendSture derive from continuing8Ctiviti88.
Page 10 of 21

Combat Surfers
Balance Sheet
At 31 October 2023
Company No. 07421247
Notes
2023
2022
Flx•d 8S8•t*
T￿ng￿ble assets
Cufrent 89g•ts
Debtor
Cash at bank 8nd in han(i
10
1.806
2,408
40,950
285.811
326.761
144.5381
282.223
284,029
14,4391
279.590
84.400
284,822
369,222
14,3761
364.846
367.254
12.9391
364,315
Current Llabllbtle5
Net Current 0$8•t¥
Tolal assets l••• ¢uN•nt U•blUtI••
Non-current Llabllltlo8
Nét 888et8 excludlng p•Trslon •¥••t or Il•blUty
Total n•t 088•1$
12
13
279.590
364.315
Tho fundy ol tho ¢h8rlty
Reslrlcted fund*
R881rlcted income funds
14
81.299
81.299
171,251
171,251
Unr•strlct•d funds
General funds
Dg9Sgnotgd fundy
14
196.485
1.806
198.291
190.656
2,408
193,064
Total lund•
279.590
364,315
Th88e accounts h8ve been prepored In 8c¢ordonc8 thè S￿¢181 provisions of Pail 15 of the Companlos Act
2006 relating to smo11 companies. For the year ended 31 October 2023 the comp8ny w88 entitled to exemption
under sectlon 477 of the Companies Act 2006 relating to small companle8.Thg mgmbgrs hgV0 not requirad the
company to obtain an audit in accordance wlh section 476 ofthe Comp8nies Act 2006. The directors 8G*nowledge
thelr responsiblililes for complying with the Tequifements of Ihe Companles Act 2006 with respect to accounting
rgcord$ and the preparation of accounts.
Approved by the board on 10 Decembgr 2024
And slgned on behalf of by:
Douglas Bell
Chair & Trustee
Page 11 of 21

Combat Surfers
Notes to the Accounts
Fortheyear end 31 October 2023
1. Accounting Policies
Basis of preparation
The accounts have been prepared under the historical cost corbvention and in accordance with:
Accounting and Reporting by Charities Statement of Recornmended PractlC8, applicable to
charities preparlngth8ir 8ccounts in accordance wilh th8 Fin8nci81 ReportlngStand8rd
8pplicabLe In the UK and Repubb"c ot Ire18nd IFRS102) second edition- October 2019 effective 1
JantJ8ry 20191-.
the Financial Reportin8Stsndard applicabLe in the Unlted Kingdom 8nd Republlc of Ireland
IFRSI 021:
the comp8nles Act 2006 and
the Charitiès Act 2011
The Ilnanc181 statements are prepared In stertlngwhlch Is the functlon81 cutrency ofthe ch8rity.
Monetary amounts in those financial statements are rounded to the nearest £.
The charlty con￿41￿108 a PLJbUc benefft enimy 8s deflned by FRS102
Change In bas18 Ot accountlng or to prevlous accounts
There has been no change to tho accountingpoLicies Ivaluotion wles and mgthod of accounting) since (ast
year. However, the accounts for previous years including 2021 and 2022 have bggn amended to correct an
Incorreci alloc8tlon of cO￿S 8cr088 restricied lund8.
Fund Accountlng
Unrestricted fund8
These are 8V8118ble for use ￿ tha discr8tTron of the iruste8$ in furtherance of th6
genero1 objects of the charity.
De8ignate funds
These ore unrestrirted funds eorm8rked by the trustees for particu18r purposes.
Revaluailon fund8
These are uniestricted fundswhich includea revaluation reserve representin8the
reIn81￿ement ot Investment 8S8et8 8lthei( market values.
Restricted funds
Restridgd funds ore those don8t8d for u88 In 8 p8nicu18r area or for 8peclJc
purpose, the use of which is restricled to Ihat area or purpose.
Pège 12 of 21

Combat Surfers
Notes to theAccounts
Income
Recognition irf
Income
Income is included in the Slatement of Financial Activities when the Charity
becomes entitled to, and virtually certain to recesve, the income and the
omount of the income can be measured with sufficient reliability.
Income with Related Where income has related expendriurethe income and related expenditure is
expendituie
reported gro&8 in the SOFA.
Voluntary income receNed bywty of grants donations ènd grfl is included In the
SOFA when receivable ond only when the Charity has unconditional entitlement
to the income
Donations and
Lega¢iea
Tax feciaims on
Income from tax reclaims is included in tho &>FA at the same time 88 the
Donations and Gifts ￿￿donatIOn to which it relates.
Donated services
These are only included in income (with on equfval8rrt omount In and facilities
expenditure) where ihe beneflt to the Charty is reasonobly quantifiBble.
mo8sumbi¢ and matsri8L
Volunteer help
Inv8stment Incomo
The v81ue o18r)yvoLuntger help received is not included in th8 occounts.
Th5818 Included In the accountsvthen ro¢eivablo.
Gainslllossesl on
Revelualion ot Fixed
assets
Th18 Includes 8ny gain of 1088 resultlng from rev8Lulng Investments to market
value atthe end of the year.
Gainsll10s88sl on
Investment 88$et8
Thls IncLudes any 8ain or on the $818 of inv•8tments.
Expendlture
Recognition ol
Expgnditufè
Exp8ndliure18 recognlsgd on an accrual* b8sls. Expendlture include¥ any VAT
whlch cannot be lully roCONtred and18 reponed 8s part of the expen¢Jlture ta
whlch ft relates.
Expenditure on
R8isingfund8
Expendiiur8 on
charltable 8Ctlvltle8
These comprlse the costs a8SOCi8ted with 8ttracting voluntary incom8.
lun￿￿181ngiradlng costs 8nd investment man8gemeni costs.
Thgse comprise of those costs incurred by the charity in the delivery of it8
actlvmles and servlces for Its bgnefi¢iaries. It includes both ¢osts that can be
alLoc8ted dlrectly io Such actlvltF98 8fKI those costs of 8n indlrgGt nature
necessary to support them.
Grants payable
Gfants pay4ble are ¢harged in the Jpar Ythen the offer is conveyed to the
recipignt except in ihose ¢asgswh8re the offer 1$ conditional. $uch grants being
recognlsed os expendlturg when the conditiorbs 8tt8ching are fulfilled. Grants
offered sublect to condltlonswhich have not been met attheye8r-end are noted
as a commltment. but not accru8d 08 aKpendtture.
Governance costs
These include costs associaled with meeting the constitutional 8nd statutory
requirements of the Charity. including the prepafation ond exomination of the
stwutory accounts. the costs of tru￿e8 meetings and other costs Unked io the
gtrategic managemert of the Charity including the cost of 8ry logo1 odvice to
trusteeson governance or constriutional matters.
These are support costs not allocated to a particular actiwty.
OthereJpenditure
Page 13 of 21

Combat Surfers
Notesto the Accounts
Taxatlon
The charty is exemptfrom corporation tsx on tts ¢hartt8ble activllles.
Tanglble flxed assets and depreclatlon
Depreciation is provided on aiitsngible fixed assets * rates calculated to wrlte off the cost less estlmat8d
residual value of ea¢h a$8et ovei [18 expecte¢J u88ful Ufe. whlch 18 rwewed annuoLiy. The rates used are a¥
lollows-
General Equipment
25% Reduclng 8alanc8
FixtUTe$ and Fittings
SncludlngOffiGo
Equipment
2596 Reduclng Balanc8
Trade and other debtor8
Trade and other dèbtors are recognised at the setllement 8mount due after arry trod¢ dI￿oUnt off8r8d.
Prep8yment8 are valuod 8t the 8mount prap8ld nei of any tra¢Je dlscounts due.
Cash and Cash equfvalents
C88h and Cash equivalents comprise cash at the bank 8nd on hand. demand dopo8iiS wlth banks and
other ghort-term highly Ilquid inv￿tmentS with origonal m8turltle8 of three months or 1888 and bank
overdrafts. In the statement of financi81 posilion. bank overdrafts. In the statement of financi81 positlon.
bank overdrafts are shown ￿￿thIn borrowlng8 or current liabilitlo$. In tho Statement of Cash F(ow8, ca8h
and cash equivalents 8re 8hown nei of b8nk cwerdrafts that ar• r8payabLe on demand 8nd form an Integral
part of the company's c88h mana88ménL
Trade and Other Credttors
Short term creditors are measured at Itt6 iians8Ctlon prlce. Other creditors and provision8 are recognised
where the charity has a p￿sen1 obligatlon resultingfroma past event thatwill probabty result Sn the transfer
ol funds 10 a ihlrd party and the omount dueto 3ettlethe obligation can be measured Of estlmated reliably.
Credltors and prov181ons are normalty recognlsed at thelr Setttheni amount 8fter ollowlng for any tr8de
discountsdue.
L88sed Assets
Where the charity entèrs a 18ase which enia118 iaklng subst8n1181ty 8LI the risks and rewards of ownershlp
of asset. the le8¥e Is tre8ted 8S 8 finance le8se. Leaseswhich do nottransfgr substantlally all the risks and
rewards ol ownership to the charlty are classrfied as operating L88888.
A8$8ts held undef finBnc6 ieÈse$ are initially recognised as a888t8 of charty at their falr value Bt the
inception of the 198se or. if lower. Bt the present value of the minimum lease payments. The corresponding
118blllty to the lessor Is Included In the ba18nced sheet date os 8 finance 188se obligation. Lease payment8
are apportion8d b8tWe8nfinanc8 expens8s and reduction ofthe lease obligation lo achieve a constant rate
of Intarest on the remaining balance of the liabilty. Finance expenses are recognised immediately, unless
theyare directlyatlributableto qualifyingassets. in which ca58 theyarecapitslised in 8ccord8n¢e with the
charity's policy on borrowingcosts. Assets held under finance leases are depreci8te¢Y In the same WBY 88
ownfjd ossets.
Page 14 of 21

Combat Surfers
Notes to the Accounts
Operating lease payments are recognised as an wense on a strdighl-line b8sls over the lease ierm. If
lèase inceniives are received to enter operating leases. such incentiveg are recogniged 88 a Uabillty. The
eggreg8te benefll of Incentlve818 recognlsed a8 a reduction of rental expense on 8 Strdight-line b8sI8.
Statement of Cashflows
The charity is oxemptfrom prep8ring a statsmgnt of cash flows on the groundsthat it is a $m811 Charlty.
2. Companyststus
The cornpany 18 a private comp8ny limited by guarantee and consequently doe8 not have 8h8re capit81.
Thè charlty is Sncorporaied in England.
In ihe event of the charity being wound up. tho iiabitity in respect of the gu8r8ntee Is Ilmrted to £10 per
member ofthe charlty.
The member8 ofthe ch8rlty8re the trustee8 named on page 1.
3. Statoment of FlnanclalActlvltles- prlory•8r
Unrn•trlct•d
Fund8
2022
Restrleted
Funds
2022
Total
Funds
2022
Income and endowm•nt•
from:
Don8tions 8nd leg8cl88
Charit8ble activilies
18.514
18,514
111.650
111.650
Totsl
18.514
111.650
130.164
Exp•rHllture on:
Ralsingtunds
Charitable activrtie8
109,842
111,175
Total
109.842
111.175
Net Income
17,181
18.9&9
Transfers be￿een funds
19,6811
9.681
Net Income belore other
Galnslllossesl
Other galns and loss•s:
Net movement offund•
11,489
18.989
11,489
18.989
Reconciliatlon of tund•:
Totalfund8 bfought
185.564
159.762
345.326
Tot•lfund$ ¢fjrrl•d
torw?rd
193.064
171.251
364.315
Page 15 of 21

Combat Surfers
Notes to the Accounts
4. Income from donatlons and iegaclg¥
Total
2023
Total
2022
Donations
Donations in kind
514
18.000
7,200
7.268
18.514
5. In¢om• Irom Ch•riiabl• Actlvltlel
R08trl¢ted
Tot•1
2023
Totsl
2022
Grant Income
Armod Force$ Covonanl Tru81-
Covld 19
Armed Force$ CovonontTrust-
Blu• H•alth
128.158)
128.158}
1.750
Armod For¢*$ Cov•n•ntTru¥t-
Force for Change
Armod For¢•• CoY•n8nl Tru•l-
Home Front Famllhs ProJ•ci
Armed Forces Covenant Tru#i-
Groon Blue H•alth
114.9041
114,9041
26,250
1.750
The Natlonal Lott•ry
Communlty Fund
40.950
40.950
81.900
12,1121
12,1121
111,650
6. ExpendlluT• on wal$ingfund$
Totsl
2023
Total
2022
Fundralsingtr8dlng costs
Page 16 of 21

Combat Surfers
Notes to the Accounts
7. E¥penditur¢ on ¢h8rltsbl¢ •¢tlvltl¢¥
Unre8trf¢t•d
R8strl¢t•d
Total
2023
Total
2022
Direct expenditure on
hgrltable aGtlvltl
Surt CliniG$
6.690
6.690
S,940
Volun18er Experises
Vetgran support Costs
60
27,715
Therapy Costs
Other direct costs
19,030
19.030
18,000
Family Support Costs
Programme 8xpen8e8
Support Co8t8
Travel and Subsistence
16.650
16,650
5.116
233
233
3,481
5,661
Rent & raies
1.093
1.093
2.939
Tr8inlng
Evaluatlon
2.100
2,100
Insurance
1.378
1.378
1,215
R8poirs & Tènew81s
Telephone 8nd fax
IT expenses
Printing, post8ge 8nd st8tionery
Subscriptions
Sundry expenses
Cleaning
Marketing and promotlon
Consultancy f¢0$
Leg81 ano professlonal lees
Bank charges
Depreciaiio
Govern?n¢o eosts
580
4102
402
709
169
99
242
120
120
155
25
122
147
765
10
700
700
250
34.450
35.850
32,939
13
13
67
69
602
602
B02
Account8ncyfees
Independent examination
2.700
3.370
1.075
1,075
975
2.041
87.840
89.881
111.175
Page 17 of Zl

Combat Surfers
Notes to the Accounts
8. Net income betore tr•nsfor$
2023
2022
Thls is siat8d aftèr charging:
Depreciation of owned fixed assets
Independènt Examiner'sfee
602
1.075
802
975
9. Staff cost$
The charity d083 not employ individu818 on 8 PAYE bases. Instead. sub-¢ontrg¢tors Ère used on an 88
needed basis. No indlvl(Ju81 recelved emoluments more than £60,000.
The remuneration ofthe key m8n8gemeni per80nnel is shown in con3ultaneyfee8 and Olrect costs. The
total of these is shown below.
2023
2022
Total employee ben8ffts recelved by key
managgmeni personnel
58.417
61,796
10. Tanglbl• Ilx•d auets
Flxtur•# And
Fittlng$
ID¢ludlng
Offl¢•
Equlpm•nt
Goneral
Equlpment
Total
Cost or r•v8lu•tlon
At 1 November 2022
Additions
At 31 October 2023
D•pr•¢l8tlon and Impalrnient
18,168
8.736
28,904
18.168
8,738
26.904
At 1 November 2022
DeprecS8tion charge forthe￿or
At 31 October 2023
Net book valu•s
At 31 October 2023
At 31 October 2022
16,815
338
17.153
7.681
264
24,496
602
25,098
1.015
1.353
791
1.055
1,806
2,408
11. D•btor•
2023
2023
Trade debtors
40,950
84.400
84.400
Page 18 of 21

Combat Surfers
Notes to the Accounts
12. Cr•dltors
amounts falLing due within one year
2023
2022
Trade credltors
Accruals and deferred income
Relmbursement of Restricted Funds
3.401
975
1,075
43,063
44.538
4.376
13. Non4urr•nt LSablUtIos:
amounts falling due after 8 perlod ol one year
2023
2021
Detsrred Accru41s
2.939
The deferred accruals included in these 8ccounts pertain to Costs incurred in the PfeP8rotion of the
8mend8d accounts. These costs include professional fees 8nd admini5tr8tive expenses necessary to
ensure the accounts reneci 8ccurate and compliont fin8nci81 reporting.
Additionally. the deferred 8ccruals cover thé fèalloc8tion ol co￿$ 8cross the appropriÈte funds. Th18
pioeess ensures that all expenses 8re oIIocgtgd Gorreclty in line with Ihe organlz8tlon's policigs and ony
relevant lag81 or regulaiory requirement8.
These adjustments are essenii81 for malnt81ningtransp8rencyond a¢¢ur8ty in tinanci81 reportbng, aligning
the 8ccounts with the intended use of lunds.
Page 19 of 21

Combat Surters
Notesto the Accounts
14. Movements In lunds
Incomlng Resources
re8our¢•¥
expended
(Includlng
otheT
8alnsllosses)
Gross
transfers
At31
October
2023
N¢wember
2022
R•8trl¢ted funds:
Restrlcted Income
funds:
Armed Forc08 Covenant
Po8ltlve Pathways Grant
For Blue Health
28.278
128,1581
11201
Armed Forces Covonant
Home Front Famllle8
14.904
114,9041
Tho Natlonol Lottery
Communlty Fund
Changlng Mlnd• Prol•ct
Total
128,069
40.9SO
187.7201
81,299
171,251
2.1121
87,840
81.299
Vnrestrlctod fund8:
G•ntr81 fundg
190.656
7.268
11,4391
196.485
D•8lqn8t•d fund¥:
Capital fundlng
Total
2,408
16021
1.806
193,064
7.268
2.041
198.291
R•valuatlon Ao8OTVO:
Totalfund•
364.315
5.156
189.8811
279,590
Purpos88 and re8tilction8 in reLotion tothefunds-
R•*trleted fund
Armed Force¥ Co￿n8￿t Posh1￿ A grarrt to supportveter8ns in imprn￿ng he81th
Pathways Grant Fof Bluo H•alih
Armed Forc¢$ Covon8nt Forc•s
for Change Arm•d For¢e$
Covenant Home Front Famllles
PraJ•et Fund
Agrant to supportveteran8 in improvlng health
Thè N8tlonal Lottery
Community Fund
Changing MlTrdg Prolect
Health and byellbeingforthos8 aged be￿een 7 and 65 who are
Imngwth medical. mental health and emotion8Vbehavioural
drtficulties. which afe limitingtheir lives and their abllltyto
participate in the community.
Page 20 of 21

Combat Surfers
Notes to the Accounts
Deslgnated funds:
Capitalfunding
Funds tf8nsferred torcapit81 spend which will be matched 10
depreciation
15. Analysls ot net asBots brtvrnon Fund$
Unr•*trfct¢d
Funds
R•strleted
Incom• Funds
Total
Funds
Prlor Y•ar
Fund8
Tangible assèts
Current assets
1,806
1.806
2,408
196.485
130.276
326.761
369.222
Current Li8bilitl•$
144.5381
144,5381
14.4391
14.3761
Non-current Uabilities
14.4391
12.939}
Nel Assets
198,291
81.299
279,590
384,315
18. Rolated party dlxlo•ur
Controlllng party
The compary is limit•d by guar8niee 8nd h88 no Share coPlt•l: thus, no slng18 patTycontroL8 the
compBny.
Page 21 of 21