Registered number: NI663277
CITIZEN SEA UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2023
Citizen Sea Unaudited Financial Statements For The Year Ended 31 July 2023
Contents
| Page | |
|---|---|
| Company Information | 1 |
| Accountant's Report | 2 |
| Income and Expenditure Account | 3 |
| Balance Sheet | 4 |
| The following pages do not form part of the statutory accounts: | |
| Detailed Income and Expenditure Account | 5 |
Citizen Sea Company Information For The Year Ended 31 July 2023
| Directors | Miss Joyce Anderson |
|---|---|
| Mr Randy Repass Junior | |
| Mr John Campbell | |
| Mr Jonathan Houghton | |
| Mr Justin Judge | |
| Ms Gala Podgornik | |
| Company Number | NI663277 |
| Registered Office | PO Box Unit 531 |
| Moat House 54 Bloomfield Avenue | |
| Belfast | |
| BT5 5AD | |
| Accountants | DDJ Coulter |
| Clements Hill | |
| 77 Green Road | |
| Ballyclare | |
| BT39 9PH |
Page 1
Citizen Sea Accountant's Report For The Year Ended 31 July 2023
In accordance with the engagement letter, and in order to assist you to fulfil your duties under the Companies Act 2006,I have compiled the financial statements of the company from the accounting records and information and explanations you have given to me.
This report is made to Citizen Sea in accordance with the terms of my engagement. My work has been undertaken to prepare for approval by the directors the financial statements that I have been engaged to compile, to report to Citizen Sea that I have done so, and to state those matters that I have agreed to state to them in this report and for no other purpose.
To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the Company and the Company's directors for my work or for this report.
You have acknowledged on the balance sheet as at year ended 31 July 2023 your duty to ensure that the company has kept proper accounting records and to prepare financial statements that give a true and fair view under the Companies Act 2006. You consider that the company is exempt from the statutory requirement for an audit for the year.
I have not been instructed to carry out an audit of the financial statements. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the financial statements.
Signed
18/04/2024
DDJ Coulter Clements Hill 77 Green Road Ballyclare BT39 9PH
Page 2
Citizen Sea Income and Expenditure Account For The Year Ended 31 July 2023
| TURNOVER Staff costs Other charges NET SURPLUS/(DEFICIT) |
2023 £ 20,384 (9,047) (9,960) 1,377 |
2022 £ 26,070 - (26,834) |
|---|---|---|
| (764) |
Page 3
Citizen Sea Balance Sheet As At 31 July 2023
| Current assets NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES Accruals and deferred income NET ASSETS RESERVES |
2023 £ 6,731 |
2022 £ 5,354 |
|---|---|---|
| 6,731 | 5,354 | |
| 6,731 | 5,354 | |
| (500) | (500) | |
| 6,231 | 4,854 | |
| 6,231 | 4,854 |
Notes
1. General Information
Citizen Sea is a private company, limited by guarantee, incorporated in Northern Ireland, registered number NI663277. The registered office is PO Box Unit 531, Moat House 54 Bloomfield Avenue, Belfast, BT5 5AD.
2. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2022: NIL)
- Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 in accordance with the micro-entity provisions.
On behalf of the board
Miss Joyce Anderson Director
Mr Randy Repass Junior
Director
18/04/2024
Page 4
Citizen Sea Detailed Income and Expenditure Account For The Year Ended 31 July 2023
| TURNOVER Donations Harbour Commission Grants Income from events R Repass Foundation via The Community Foundation Miscellaneous grants Ocean Conservancy grant Marine Institute Commission Other trading income STAFF COSTS Wages and salaries Travel and subsistence expenses OTHER CHARGES Premises expenses: Light and heat General administration costs: Vessel repairs and maintenance Vessel fuel costs Computer and IT consumables Vessel insurance Marina fees Printing and stationery Postage Advertising and marketing costs Volunteers expenses Promotional costs Accountancy fees Consultancy fees and expenses Interest payable and similar charges: Bank charges NET SURPLUS/(DEFICIT) |
2023 £ £ 1,988 - - 12,177 - 4,512 1,677 26 4 20,384 8,536 511 (9,047) 139 3,366 - - 2,772 - 540 36 282 382 1,875 547 - 9,800 21 (9,960) 1,377 |
2023 £ £ 1,988 - - 12,177 - 4,512 1,677 26 4 20,384 8,536 511 (9,047) 139 3,366 - - 2,772 - 540 36 282 382 1,875 547 - 9,800 21 (9,960) 1,377 |
2022 £ £ 680 12,000 1,100 11,267 1,000 - - 23 - 26,070 - - - - 8,426 315 26 3,542 48 2,129 - - 845 - 500 10,999 26,830 4 (26,834) (764) |
2022 £ £ 680 12,000 1,100 11,267 1,000 - - 23 - 26,070 - - - - 8,426 315 26 3,542 48 2,129 - - 845 - 500 10,999 26,830 4 (26,834) (764) |
|---|---|---|---|---|
| 8,536 511 |
- - |
|||
| 139 3,366 - - 2,772 - 540 36 282 382 1,875 547 - |
- 8,426 315 26 3,542 48 2,129 - - 845 - 500 10,999 |
|||
| 9,800 | 26,830 | |||
| 21 | 4 | |||
| 1,377 | (764) |
Page 5