CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
14086592 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 4 May 2022

End date: 31 May 2023

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2023

13 months to 31 May 2023


£
Turnover: 90
Cost of sales: 0
Gross profit(or loss): 90
Administrative expenses: ( 7,804 )
Other operating income: 9,892
Operating profit(or loss): 2,178
Profit(or loss) before tax: 2,178
Tax: ( 288 )
Profit(or loss) for the financial year: 1,890

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2023

Notes 13 months to 31 May 2023


£
Fixed assets
Tangible assets: 3 500
Total fixed assets: 500
Current assets
Debtors: 4 1,497
Cash at bank and in hand: 1,276
Total current assets: 2,773
Creditors: amounts falling due within one year: 5 ( 1,383 )
Net current assets (liabilities): 1,390
Total assets less current liabilities: 1,890
Total net assets (liabilities): 1,890
Members' funds
Profit and loss account: 1,890
Total members' funds: 1,890

The notes form part of these financial statements

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 2023 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.

This report was approved by the board of directors on 2 February 2024
and signed on behalf of the board by:

Name: Eoghan McHugh
Status: Director

The notes form part of these financial statements

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives.

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to 31 May 2023
    Average number of employees during the period 0

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 600 600
Disposals
Revaluations
Transfers
At 31 May 2023 600 600
Depreciation
Charge for year 100 100
On disposals
Other adjustments
At 31 May 2023 100 100
Net book value
At 31 May 2023 500 500

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

13 months to 31 May 2023
£
Prepayments and accrued income 57
Other debtors 1,440
Total 1,497

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due within one year note

13 months to 31 May 2023
£
Taxation and social security 288
Accruals and deferred income 423
Other creditors 672
Total 1,383

COMMUNITY INTEREST ANNUAL REPORT

CARDIGAN WALKS COMMUNITY INTEREST COMPANY

Company Number: 14086592 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

Cardigan Walks has used the grant and the year to thoroughly research 18 communities through West Wales. We have put together audio walking tours diving deep into the history and personnel that have made up these communities, weaving a picture of the heritage in West Wales. These audio walking tours have been made available for the public to use as a guide to exploring and discovering communities.

Consultation with stakeholders

Cardigan Walks wants to provide the best possible experience by sharing relevant and gripping community information. We want these stories and histories to live. We also need to consider our audience and keep them engaged. To that end, we follow up with users, getting feedback on their experience.Cardigan Walks has also connected with county and community-level councils and community-led groups to consult with them on the West Wales area, strategies, and how best to serve these communities by making the heritage more easily accessible as intended by Cardigan Walks CIC.

Directors' remuneration

Eoghan McHugh has received director's remunerations of £1,800 from the company.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
2 February 2024

And signed on behalf of the board by:
Name: Eoghan McHugh
Status: Director