Wave Slaves Surf Club
Registered CIO no.: 1181903 Registered address: 10 Trelawney Road, Newquay, Cornwall TR7 2DW Operational address: 9 Esplanade Rd, Newquay, Cornwall TR7 1PS Trustees: Tina Beresford, Sally Power, Andy Cairns, Cath Collier, Jane Devereux (resigned Mar25)
Review of 2024 Club Development
Wave Slaves Surf Club provides surfing opportunities for children and young people aged 8-18years, predominantly operating in Newquay, Cornwall. After ten years of operating as a constituted community sports club, Waves Slaves Surf Club registered as a Charitable Incorporated Organisation in Feb-19. The club continues to operate from Quiksilver Surf School, at Fistral beach.
The club is managed by a volunteer Board of Trustees, who are elected by the membership alongside other Committee members at the Annual General Meeting. The 2024 end of season party and AGM was delayed until Feb-25. The Trustees are representatives of the young people, as parents or carers, or elected based on their skills and experience.
The Board continues to work with appointed Head Coach professional surfer, qualified RLSS trainer and instructor Jen Pendlebury and Deputy Head Coach professional surfer and and instructor, Ruebin Pearce. They manage a team of local experienced and qualified Surf Instructors.
The club’s dedicated Safeguarding Officer, Trustee Sally Power has continued to work with our Head Coaches to ensure the safety of the children and young people. There were once again no major incidents.
A short video about our club can be viewed at: htps://f.watch/zy5vtKl5q8/
Financial Review for year ending 30/11/24
At the end of the financial year, the club transferred from Xero to Quickbooks in managing the accounts to save funds. Income for 23/24 was £16,881 which is a decrease on 22/23 income (£20,475). The income decrease was a result of fewer new members and sessions run (see section below), no fundraising being undertaken in the year and postponement of the AGM into 2025. There was no change in weekly subs at £6.50, however these have risen to £7 for 2025.
Expenditure during 23/24 was £15,503 (£20,662 in 22/23). The decrease reflects fewer sessions delivered and a reduction in high tide activities. The club finished the year end with a surplus of £1,378. The club retains £18,869 in cash in bank at the end of the year. Funds are being held for a new club base and/or the purchase of a van which are currently under review due to rising costs associated with up-keep.
A massive Thank You to The Esplande Hotel and Quiksilver Surf Schoool for their continued support in making the beach sessions possible and to Sun Bum sunscreen for our AGM freebies:
2024 Activities & Achievements
Surfing commenced at the start of April, running through to October. We operate at up to 48 members on both Mondays and Thursdays evenings with a member to coach ratio of 8:1. With leavers and new starters we engaged 105 local children and young people in regular surfing activity during 2023.
“ I’ve made lots of friends and I really like the coaches”
A reduced number of surf sessions were delivered in the year. A total of eight sessions had to be cancelled (which is th most we have) due to weather, dangerous sea conditions and sewage discharges by SW Water. Following parent/carer feedback, we also only operated one evening per week during August.
“Refreshing and lose your mind in the waves and forget about the world.”
“Freedom. Fun. Calm. Friends.”
We maintained a dedicated team of experienced instructors providing:
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Consistency in instruction to help develop each member week on week
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Mentor to promote physical and mental well-being
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More progressive surfing tuition
-
Integrating surf fitness on the beach as part of club sessions
“It’s fast and I like tumbling in the waves”
In our end of year survey, 90% of parents and young people felt they regularly had the same instructor. 100% reported feeling that they were improving at surfing. In this report we have posted some quotes from our members’ survey about what they like most about surfing.
“Fun, relaxing and hard work so you can get better and the success in it.”
“Being in the water and it makes me feel good and relaxed”
Winter Swim Training
Winter swim training operates from November through to March, with weekly pool sessions at Waterworld Pool Newquay. Uptake of winter swim training continues to be popular, with young people undertaking pool-based swimming lessons, paddle skills training and sea rescue skills.
High Tide Activities
When the high tide prevented surfing, we delivered a range of alternative activities. This year the members got involved with stand-up paddle-boarding and coasteering with Newquay Activity Centre, water park at Oasis Fun Pool and climbing/bouldering with Tide Climbing.
Volunteering
One young person, Saul, was awarded a Newquay Young Citzen of Year award for their contribution to club fundraising as part of our Coop partnership the previous year.
Whilst another completed the volunteering section of their Duke of Edingburgh award through the club by supporting the younger age group.
Post 16 Coaching Opportunities
During the year, one further young person Fintan completed their training within the club to achieve their RLSS Surf Coach qualification, completing volunteer hours as an assistant coach during sessions. In 2025, this young person now 17yrs has joined the coaching team.
End of Season Presentations
Presentations and certificates were made at the AGM and end of season party in February 2025 to acknowledge the progress made by each young person. We also presented our end of year awards. These are not based solely on ability but also on:
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Improved or consistent good behaviour/at ude
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Commitment to learning and improving
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Role model to others and respect for fellow members and instructors
“Thank you for creating such an amazing Club. Our son has made loads of friends and really enjoys learning to surf. It's clear all the instructors are passionate and create a great atmosphere.”
| Wave Slaves Surf Club | Wave Slaves Surf Club | Wave Slaves Surf Club | Wave Slaves Surf Club | Wave Slaves Surf Club | Charity No | 1181903 | CC17a | |
|---|---|---|---|---|---|---|---|---|
| Annual accounts for theperiod | ||||||||
| Period start date | 2023/12/1 | To | Period end date | 2024/11/30 | ||||
| Section A | Statement of financial activities | |||||||
| Recommended categories by activity |
Details of own analysis |
Note | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total thisyear | Total last year |
|
| £ | £ | £ | £ | £ | ||||
| **Incoming resources(N ** | ote 3) | F01 | F02 | F03 | F04 | F05 | ||
| Incoming resources from generated funds |
- | - | - | - | ||||
| Voluntary income | S01 | - | - | - | - | 1,729 | ||
| Activities for generating funds | S02 | - | - | - | 645 | |||
| Investment income | S03 | - | - | - | - | - | ||
| Incoming resources from charitable activities |
S04 | 16,881 | - | - | 16,881 | 18,101 | ||
| Other incoming resources | S05 | - | - | - | - | - | ||
| Total incoming resources | S06 | 16,881 | - | - | 16,881 | 20,475 | ||
| **Resources expended( ** | Notes 4-8) | |||||||
| Costs of Generating Funds | - | - | - | - | ||||
| Costs of generating voluntary income |
S07 | - | - | - | - | 743 | ||
| Fundraising trading costs | S08 | - | - | - | - | 5 | ||
| Investment management costs | S09 | - | - | - | - | - | ||
| Charitable activities | S10 | 15,503 | - | 15,503 | 19,914 | |||
| Governance costs | S11 | - | - | - | - | - | ||
| Other resources expended | Earlier Years Depn Adj | S12 | - | - | - | - | - | |
| Total resources expended | S13 | 15,503 | - | - | 15,503 | 20,662 | ||
| Net incoming/(outgoing) resources before transfers |
S14 |
1,378 | - | - | 1,378 | - 187 | ||
| Gross transfers between funds | S15 | - | - | - | - | - | ||
| Net incoming/(outgoing) resources before other recognisedgains/(losses) |
S16 |
1,378 | - | - | 1,378 | - 187 | ||
| Other recognised gains/(losses) | ||||||||
| Gains and losses on revaluation of fixed assets for the charity’s own use |
S17 | - | - | - | - | - | ||
| Gains and losses on investment assets | S18 | - | - | - | - | - | ||
| Net movement in funds | S19 | 1,378 | - | - | 1,378 | - 187 | ||
| Total funds brought forward | S20 | 19,909 | - | 19,909 | 20,096 | |||
| Total funds carried forward | S21 | 21,287 | - | - | 21,287 | 19,909 |
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CC17a (Excel)
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| Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
Section B Balance sheet |
|---|---|---|---|---|---|---|---|
| Note | Unrestricted funds |
Restricted income funds |
Endowment funds |
Total this year |
Total last year |
||
| £ | £ | £ | £ | £ | |||
| Fixed assets | F01 | F02 | F03 | F04 | F05 | ||
| Tangible assets(Note 9) | B01 | 2,965 | - | - | 2,965 | 3,706 | |
| B02 | - | - | - | - | - | ||
| Investments(Note 10) | B03 | - | - | - | - | - | |
| Total fixed assets | B04 | 2,965 | - | - | 2,965 | 3,706 | |
| Current assets | |||||||
| Stock and work inprogress | B05 | - | - | - | - | - | |
| Debtors(Note 11) | B06 | - 124 | - | - | - 124 | 1,437 | |
| (Short term) investments | B07 | - | - | - | - | - | |
| Cash at bank and in hand | B08 | 18,869 | - | - | 18,869 | 15,124 | |
| Total current assets | B09 | 18,745 | - | - | 18,745 | 16,561 | |
| Creditors: amounts falling due within oneyear(Note 12) |
B10 | 423 | - | - | 423 | 358 | |
| Net current assets/(liabilities) | B11 | 18,322 | - | - | 18,322 | 16,203 | |
| Total assets less current liabilities | B12 | 21,287 | - | - | 21,287 | 19,909 | |
| Creditors: amounts falling due after oneyear(Note 12) |
B13 | - | - | - | - | - | |
| Provisions for liabilities and charges | B14 | - | - | - | - | - | |
| Net assets | B15 | 21,287 | - | - | 21,287 | 19,909 | |
| Funds of the Charity | |||||||
| Unrestricted funds | B16 | 21,287 | 21,287 | 19,909 | |||
| B17 | - | - | - | ||||
| Restricted income funds (Note 13) | B18 | - | - | - | |||
| Endowment funds(Note 13) | B19 | - | - | - | |||
| Total funds | B20 | 21,287 | - | - | 21,287 | 19,909 | |
| Signed by one or two trustees on behalf of all the trustees |
Signature | Print Name | Date of approval |
||||
| Cath Collier | Catherine Collier | 5/1/2025 | |||||
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CC17a (Excel)
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Section C Notes to the accounts
Note 1 Basis of preparation
This section should be completed by all charities .
1.1 Basis of accounting
These accounts have been prepared on the basis of historic cost (except that investments are shown at market value) in accordance with:
| • | Accountingand ReportingbyCharities – Statement of Recommended Practice(SORP 2005); | Accountingand ReportingbyCharities – Statement of Recommended Practice(SORP 2005); | Accountingand ReportingbyCharities – Statement of Recommended Practice(SORP 2005); |
|---|---|---|---|
| • | and with* | ✓ | Accounting Standards; |
| or | Financial Reporting Standards for Smaller Enterprises (FRSSE); |
-
and with the Charities Act.
-
[** except for the following].
Give details in this box if a different standard has been followed.
* -Tick as appropriate:
• if all relevant disclosures shown in the pack have been given then please tick “Accounting Standards”;
• if disclosures completed in these accounts have been restricted to those required by the FRSSE, then please tick “Financial Reporting Standards for Smaller Enterprises (FRSSE)”.
1.2 Change in basis of accounting
There has been no change to the accounting policies (valuation rules and methods of accounting) since last year.
Give details in this box of any material changes that have been made.
1.3 Changes to previous accounts
Give details in this box of any material changes that have been made.
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CC17a (Excel)
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| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|
| Note 2 Accounting policies | |
| This standard list of accounting policies has been applied by the charity except for those deleted. Where a different or additional policy has been adopted then this is detailed in the box below. |
|
| INCOMING RESOURCES | |
| Recognition of incoming | These areincludedin the Statementof Financial Activities (SoFA)when: |
| resources | • the charity becomes entitled to the resources; |
• the trustees are virtually certain they will receive the resources; and |
|
• the monetary value can be measured with sufficient reliability. |
|
| Incoming resources with related expenditure |
Where incoming resources have related expenditure (as with fundraising or contract income) the incoming resources and related expenditure are reported gross in the SoFA. |
| Grants and donations | Grants and donations are only included in the SoFA when the charity has unconditional entitlement to the resources. |
| Tax reclaims on donations and gifts |
Incoming resources from tax reclaims are included in the SoFA at the same time as the gift to which they relate. |
| Contractual income and performance related grants |
This is only included in the SoFA once the related goods or services have been delivered. |
| Gifts in kind | Gifts in kind are accounted for at a reasonable estimate of their value to the charity or the amount actually realised. |
| Gifts in kind for sale or distribution are included in the accounts as gifts only when sold or distributed by the charity. |
|
| Gifts in kind for use by the charity are included in the SoFA as incoming resources when receivable. |
|
| Donated services and facilities |
These are only included in incoming resources (with an equivalent amount in resources expended) where the benefit to the charity is reasonably quantifiable, measurable and material. The value placed on these resources is the estimated value to the charity of the service or facility received. |
| Volunteer help | The value of any voluntary help received is not included in the accounts but is described in the trustees’ annual report. |
| Investment income | This is included in the accounts when receivable. |
| Investment gains and losses | This includes any gain or loss on the sale of investments and any gain or loss resulting from revaluing investments to market value at the end of the year. |
| EXPENDITURE AND LIABILITIES | |
| Liability recognition | Liabilities are recognised as soon as there is a legal or constructive obligation committing the charity to pay out resources. |
| Governance costs | Include costs of the preparation and examination of statutory accounts, the costs of trustee meetings and cost of any legal advice to trustees on governance or constitutional matters. |
| Grants with performance conditions |
Where the charity gives a grant with conditions for its payment being a specific level of service or output to be provided, such grants are only recognised in the SoFA once the recipient of the grant has provided the specified service or output. |
| Grants payable without performance conditions |
These are only recognised in the accounts when a commitment has been made and there are no conditions to be met relating to the grant which remain in the control of the charity. |
| Support Costs | Support costs include central functions and have been allocated to activity cost categories on a basis consistent with the use of resources, eg allocating property costs by floor areas, or per capita,staff costs bythe time spent and other costs bytheir usage. |
| ASSETS | |
| Tangible fixed assets for use by charity |
These are capitalised if they can be used for more than one year, and cost at least £500. They are valued at cost or a reasonable value on receipt. |
| Investments | Investments quoted on a recognised stock exchange are valued at market value at the year end. Other investment assets are included at trustees' best estimate of market value. |
| Stocks and work in progress | These are valued at the lower of cost or market value. |
| POLICIES ADOPTED ADDITIONAL TO OR DIFFERENT FROM THOSE ABOVE |
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CC17a (Excel)
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| Section C Notes to the accounts | Section C Notes to the accounts | (cont) | (cont) |
|---|---|---|---|
| Note 3 Analysis of incoming resources | |||
| Incoming resources may be further analysed if this would help the reader of the | accounts. | ||
| Analysis | Thisyear | Lastyear | |
| £ | £ | ||
| Voluntary income | Fund raising | - | 1,729 |
| Grants | - | - | |
| - | |||
| - | |||
| - | |||
| Total | - | 1,729 | |
| Activities for generating funds | Clothing sales | 645 | |
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | 645 | |
| Investment income | Bank interest | 0 | - |
| - | |||
| - | |||
| - | |||
| - | |||
| Total | - | - | |
| Incoming resources from charitable activities |
Monthlysubscription fee | 15,126 | 16,116 |
| Membership | 1,755 | 1,985 | |
| - | |||
| - | |||
| Total | 16,881 | 18,101 |
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CC17a (Excel)
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| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|---|
| Note 4 Analysis of resources expended | ||||
| Resources expended may be further analysed if this would help the reader of the accounts. | ||||
| Analysis | Thisyear | Lastyear | ||
| £ | £ | |||
| Costs of generating voluntary income |
Goods for resale | - | 743 | |
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| - | 743 | |||
| Fundraising trading costs |
Fundraisingcosts | - | 5 | |
| - | - | |||
| - | - | |||
| - | - | |||
| - | - | |||
| Total | - | 5 | ||
| Investment management costs |
- | - | ||
| - | - | |||
| - | - | |||
| Total | - | - | ||
| Charitable activities | Instuctor costs | 9,545 | 13,398 | |
| Faciltyandpool hire | 2,075 | 2,185 | ||
| Hide Tide activities | 1,290 | 1,868 | ||
| Bank/Accountancy/Insurance/runningcosts | 2,243 | 2,464 | ||
| Training | 350 | |||
| Total | 15,503 | 19,914 | ||
| Governance costs | Trustees | - | - | |
| Total | - | - |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
Note 5 Support Costs
Please complete this note if the charity has analysed its expenses using activity categories and has support costs.
| costs. | ||||
|---|---|---|---|---|
| Fundraising activity | Charitable Activity | Governance Activity | Total Cost | |
| Support cost type | £ | £ | £ | £ |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| - | - | - | - | |
| Total | - | - | - | - |
| Note 6 | Details of certain items of expenditure | |||
| 6.1 Trustee expenses | ||||
| Please provide details of the amount of any payment or reimbursement of out-of-pocket | expenses made to | |||
| trustees or to third parties for expenses incurred by trustees. If no | expenses were paid, | |||
| please enter ‘None’ in the appropriate box(es). |
| please enter ‘None’ in the appropriate box(es). | ||
|---|---|---|
| This year | Last year | |
| Number of trustees who were paid expenses | ||
| Nature of the expenses | ||
| Total amount paid | £ | £ |
| 6.2 Fees for examination or audit of the accounts | ||
| Please provide details of the amount paid for any statutory external scrutiny of accounts and other services | ||
| provided by your independent examiner or auditor. If nothing was paid please enter NONE in the | ||
| appropriate box(es). | ||
| Thisyear | Lastyear | |
| £ | £ | |
| Independent examiner’s or auditors' fees for reporting on the | ||
| accounts | 300 | 300 |
| Other fees (for example: advice, consultancy, accountancy | ||
| services) paid to the independent examiner or auditor |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
Note 7 Paid employees Please complete this note if the charity has any employees.
7.1 Staff Costs
| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|---|
| Note 7 Paid employees | ||||
| Please complete this note if the charity has any employees. | ||||
| 7.1 Staff Costs | ||||
| Thisyear | Lastyear | |||
| £ | £ | |||
| Gross wages, salaries and benefits in kind | - | - | ||
| Employer’s National Insurance costs | - | - | ||
| Pension costs | - | - | ||
| Total staff costs | - | - | ||
| 7.2 Average number of full-time equivalent employees in the year | Thisyear | Lastyear | ||
| Number | Number | |||
| The parts of the charity in which the employees work |
Fundraising | - | - | |
| Charitable Activities | - | - | ||
| Governance | - | - | ||
| Other | - | - | ||
| Total | - | - | ||
| 7.3 Defined contributionpension scheme | ||||
| Please complete if a defined contributionpension scheme is operated. | ||||
| Brief details of the scheme | ||||
| This year | Last year | |||
| £ | £ | |||
| The costs of the scheme to the charity for theyear | ||||
| The amount of any contributions outstanding at theyear end | ||||
| The amount of any contributionsprepaid at theyear end |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
Note 8 Grantmaking
Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken.
8.1 Total value of grants
| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|
| Note 8 Grantmaking | |||
| Please complete this note if the charity made any grants or donations which in aggregate form a material part of the charitable activities undertaken. |
|||
| 8.1 Total value of grants | |||
| Purpose for whichgrants made | Grants to institutions |
Grants to individuals |
|
| Total amount £ | Total amount £ | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| - | - | ||
| Total | - | - | |
| 8.1 Grantmaking costs | |||
| If the charity’s accounts are prepared on the “activity basis” please give details of any support cost associated with grantmaking. Please enter “Nil” if the charity does not identify and/or allocate support costs. |
|||
| Support costs ofgrantmaking | £ | ||
| 8.3 Grants made to institutions | |||
| If the charity has made grants to particular institutions that are material in the context of its grantmaking please give details of the institution supported, purpose of the grant and total paid to each institution listed. Sufficient information should be given to provide a reasonable understanding of the range of institutions supported. |
|||
| Names of institutions | Purpose | Total amount of grants paid £ |
|
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| - | |||
| Totalgrants to institutions | - |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
Note 9 Tangible fixed assets
Please complete this note if the charity has any tangible fixed assets
9.1 Cost or valuation
| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|---|---|---|
| Note 9 Tangible fixed assets | ||||||
| Please complete this note if the charity has any tangible fixed assets | ||||||
| 9.1 Cost or valuation | ||||||
| Freehold land & buildings |
Other land & buildings |
Plant, machinery and motor vehicles |
Fixtures, fittings and equipment |
Payments on account and assets under construction |
Total | |
| £ | £ | £ | £ | £ | £ | |
| Balance brought forward |
- | - | - | 8,641 | - | 8,641 |
| Additions | - | - | - | - | - | |
| Revaluations | - | - | - | - | - | - |
| Disposals | - | - | - | - | - | - |
| Transfers * | - | - | - | - | - | - |
| Balance carried | - | - | - | 8,641 | - | 8,641 |
| 9.2 Accumulated depreciation and impairment provisions | ||||||
| **Basis | SL or RB | SL or RB | SL or RB | RB | SL or RB | |
| ** Rate | 20% | |||||
| Balance brought forward |
- | - | - | 4,935 | - | 4,935 |
| Depreciation charge foryear |
- | - | - | 741 | - | 741 |
| Impairment provisions | - | - | - | - | - | - |
| Revaluations | - | - | - | - | - | - |
| Disposals | - | - | - | - | - | |
| Transfers* | - | - | - | - | - | - |
| Balance carried forward |
- | - | - | 5,676 | - | 5,676 |
| 9.3 Net book value | ||||||
| Brought forward | - | - | - | 3,706 | - | 3,706 |
| Carried forward | - | - | - | 2,965 | - | 2,965 |
| 9.4 Revaluation | ||||||
| If any fixed assets have been revalued please give details of the valuer and method of valuation | ||||||
| * The "transfers" row is for movements between fixed asset categories. | ||||||
| ** Please indicate the method of depreciation by deleting the method not applicable (SL = straight line; RB = reducing balance). Also please indicate the rate of depreciation: for straight line, what is the anticipated life of the asset (in years); for reducing balance, what is the percentage annual deduction. |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
| Note 10 Investment assets | |||
| Please complete this note if the charity has any investment assets. | |||
| 10.1 Fixed assets investments | |||
| £ | |||
| Carrying (market) value at beginning of year | - | ||
| Add:additions to investments at cost | - | ||
| Less:disposals at carrying value | - | ||
| Add/(deduct):net gain/(loss) on revaluation | - | ||
| Carrying (market) value at end of year | - | ||
| Please provide below: | |||
| 10.2 A breakdown of the market values of investments shown above agreeing with the balance sheet row | |||
| B03. | |||
| 10.3 A breakdown of the income from investments agreeing with SOFA row S03. |
| Analysis of investments | 10.2 | 10.3 | ||
|---|---|---|---|---|
| Market value at | Income from | |||
| year end | investments for | |||
| the year | ||||
| £ | £ | |||
| Investment properties | - | - | ||
| Investments listed on a recognised stock exchange or held in common | - | - | ||
| investment funds, open ended investment companies, unit trusts or other | ||||
| collective investment schemes | ||||
| Investments in subsidiary or connected undertakings and companies | - | - | ||
| Securities not listed on a recognised Stock Exchange | - | - | ||
| Cash held as part of the investment portfolio | - | - | ||
| Other investments | - | - | ||
| Total | - | - | ||
| 10.4 Material investment holdings | ||||
| If any single investment is material in terms of its value (for example represents more than | 5 per cent of the | |||
| value of the charity’s total investments) please provide details. | ||||
| Investment held | ||||
| Market Value |
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CC17a (Excel)
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Section C Notes to the accounts (cont)
| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|---|---|
| Note 11 Debtors and prepayments | |||||
| Please complete this note if the charity has any debtors orprepayments. | |||||
| Analysis of debtors | Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
|||
| Thisyear | Lastyear | Thisyear | Lastyear | ||
| £ | £ | £ | £ | ||
| Trade debtors | - 124 | 1,437 | - | - | |
| Amounts due from subsidiary and associated undertakings |
- | - | - | - | |
| Other debtors | - | - | - | - | |
| Prepayments and accrued income | - | - | - | - | |
| Total | - 124 | 1,437 | - | - | |
| Note 12 Creditors and accruals | |||||
| Please complete this note if the charity has any creditors or accruals. | |||||
| 12.1 Analysis of creditors | |||||
| Amounts falling due within oneyear |
Amounts falling due after more than oneyear |
||||
| Thisyear | Lastyear | Thisyear | Lastyear | ||
| £ | £ | £ | £ | ||
| Loans and overdrafts | - | - | - | ||
| Trade creditors | 423 | 358 | - | - | |
| Amounts due to subsidiary and associated undertakings |
- | - | - | ||
| Other creditors | - | - | - | - | |
| Accruals and deferred income | - | - | - | - | |
| Total | 423 | 358 | - | - | |
| 12.2 Security over assets | |||||
| If any loan, overdraft or other creditor holds a charge or other security over any assets of the charity please provide details. |
|||||
1
CC17a (Excel)
20/05/2021
Section C Notes to the accounts (cont)
Note 13 Endowment and restricted income funds
Please complete this section if the charity has any endowment or restricted income funds.
13.1 Funds held
Please give a brief description of any of the following type of funds held by the charity:
| Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) | Section C Notes to the accounts(cont) |
|---|---|---|---|---|---|---|
| Note 13 Endowment and restricted income funds | ||||||
| Please complete this section if the charity has any endowment or restricted income funds. | ||||||
| 13.1 Funds held | ||||||
| **Pleasegive a brief description of any of the following type of funds held by the charity: ** | ||||||
| • permanent endowment funds (PE); | ||||||
| • expendable endowment funds(EE); and | ||||||
| • restricted income funds, including special trusts, of the charity (R). | ||||||
| Fund Name | Type PE, EE or R |
Purpose and Restrictions |
||||
| 13.2 Movements of major funds | ||||||
| Please give details of the movements of the major funds summarised in the restricted and endowment columns of the Statement of Financial Activities. |
||||||
| Fund names | Fund balances brought forward |
Incoming resources |
Outgoing resources |
Transfers | Gains and losses |
Fund balances carried forward |
| £ | £ | £ | £ | £ | £ | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| - | - | - | - | - | - | |
| Total Funds | - | - | - | - | - | - |
| 13.3 Transfers between funds | ||||||
| Please give details of any transfers between funds. | ||||||
| From Fund(Name) | To Fund(Name) | Reason | Amount | |||
1
CC17a (Excel)
20/05/2021
Section C Notes to the accounts (cont)
Note 14 Transactions with related parties
If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes.
14.1 Remuneration and benefits
Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other related parties by the charity or any institution or company connected with it.
| Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) | Section C Notes to the accounts (cont) |
|---|---|---|---|---|
| Note 14 Transactions with relatedparties | ||||
| If the charity has any transactions with related parties (other than the trustee expenses explained in note 6) details of such transactions should be provided in this note. If there are no transactions to report, please enter “None” in the relevant boxes. |
||||
| 14.1 Remuneration and benefits | ||||
| Please give the amount of, and legal authority for, any remuneration or other benefits paid to a trustee or other relatedparties by the charity or any institution or company connected with it. |
||||
| Name of trustee or connected party | Legal authority (eg order, governing document) |
Amounts paid or benefit value | ||
| Thisyear | Lastyear | |||
| £ | £ | |||
| 14.2 Loans | ||||
| Please give details of and amounts owing to or from the charity’s trustees or other related parties by the charity at the year end. |
||||
| Name of trustee or connected party |
Legal authority | Amount owing | ||
| This year | Last year | |||
| £ | £ | |||
| Due to trustees and related parties |
||||
| Due from trustees and relatedparties |
||||
| 14.3 Other transaction(s) with trustees or related parties | ||||
| Please give details of any transaction undertaken by (or on behalf of) the charity in which a trustee or related party has a material interest. |
||||
| Name of the trustee or relatedparty |
Relationship to charity |
Description of the transaction(s) |
Thisyear | Lastyear |
| £ | £ | |||
1
CC17a (Excel)
20/05/2021
Section C Notes to the accounts (cont)
Note 15 Additional Disclosures
The following are significant matters which are not covered in other notes and need to be included to provide a proper understanding of the accounts. If there is insufficient room here, please add a separate sheet.
1
CC17a (Excel)
20/05/2021
CHARITY COMMISSION FOR ENGLAND AND WALES Independent exa report on the ac Se¢tion A Independent Examinerfs Report Report to the trusteesl member5 of Wave Slaves Surf Club On accounts for the year ended 30 November 2024 Charlty no {If any) Set out on pages I report lo the trustees on my examination of the accounts charity ('Ihe Trust.) for the year ended 3011112024. R95pon$lbl1ltl and As the charity Iruslees of the Trust, you are fesponsible f( ba8ls of report of the accounts in accordance with the requirements of th 2011 {"Ihe Act-}. I report in respect of my examination of the Trust's accoui under section 145 of the 2011 Act and In carrying out rny ' have followed the applicable Directions given by the Char under section 145{5)(b} of the Act. I have completed my examination. I confirm that no mate come lo my attention (other than that disc105ed below ") li the examination which gives me cause to believe that ini respect.. accounting Tecords were not kept in accordance wr the Act or the accounts do not accord with the a¢¢ounting re Independent examiner's statement I have no concems and have come across no other matte with the examination to which attention should be drawn li proper underslanding of the accounts lo be reached. ' Please delgte Ihe woffts in Ihe brackets rf Ihey do nol ap Slgned.. Date: Name.. Leonard Paul Sole Relevant profes8lonal qualllication(sl or body {if any): ICAEW Address: Whilakers, Bryndon House, 5-7 Berry Road. Newquay, Ci TR7 1AD
IER
.miner's counts 181903 5 of ihe above )r the Pfeparalion e Charities Act Its caffled out examination, I ity Commission rial mallers have I connection with any material th section 130 of r)rds rs in connection n order lo enable a fiIA¥1023 )rnwall
October 2018