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) 3. **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