CLARITY WALK CIC

Company limited by guarantee

Company Registration Number:
SC640285 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

CLARITY WALK CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

CLARITY WALK CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 83,868 75,214
Cost of sales: ( 5,985 ) ( 6,794 )
Gross profit(or loss): 77,883 68,420
Distribution costs: 0 0
Administrative expenses: ( 71,632 ) ( 80,410 )
Other operating income: 22,514 0
Operating profit(or loss): 28,765 (11,990)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 28,765 (11,990)
Tax: ( 4,503 ) ( 150 )
Profit(or loss) for the financial year: 24,262 (12,140)

CLARITY WALK CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,587 10,456
Investments:   0 0
Total fixed assets: 7,587 10,456
Current assets
Stocks:   0 0
Debtors: 4 298 509
Cash at bank and in hand: 30,991 6,942
Investments:   0 0
Total current assets: 31,289 7,451
Prepayments and accrued income: 3,156 0
Creditors: amounts falling due within one year: 5 ( 13,552 ) ( 6,683 )
Net current assets (liabilities): 20,893 768
Total assets less current liabilities: 28,480 11,224
Creditors: amounts falling due after more than one year: 6 0 ( 7,006 )
Provision for liabilities: 0 0
Accruals and deferred income: ( 400 ) ( 400 )
Total net assets (liabilities): 28,080 3,818
Members' funds
Profit and loss account: 28,080 3,818
Total members' funds: 28,080 3,818

The notes form part of these financial statements

CLARITY WALK CIC

Balance sheet statements

For the year ending 31 August 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 29 September 2023
and signed on behalf of the board by:

Name: Matthew Wallace
Status: Director

The notes form part of these financial statements

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 4,794 10,600 15,394
Additions 0 0 0
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 August 2023 4,794 10,600 15,394
Depreciation
At 1 September 2022 1,438 3,500 4,938
Charge for year 719 2,150 2,869
On disposals 0 0 0
Other adjustments 0 0 0
At 31 August 2023 2,157 5,650 7,807
Net book value
At 31 August 2023 2,637 4,950 7,587
At 31 August 2022 3,356 7,100 10,456

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 298 509
Prepayments and accrued income 0 0
Other debtors 0 0
Total 298 509
Debtors due after more than one year: 0 0

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 3,960 1,320
Taxation and social security 9,340 2,614
Accruals and deferred income 0 0
Other creditors 252 2,749
Total 13,552 6,683

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 0 7,006
Amounts due under finance leases and hire purchase contracts 0 0
Total 0 7,006

COMMUNITY INTEREST ANNUAL REPORT

CLARITY WALK CIC

Company Number: SC640285 (Scotland)

Year Ending: 31 August 2023

Company activities and impact

Clarity Walk was set up in August 2019 to improve mental health and wellbeing through digital detox walks and activities. Its mission is to reduce isolation, reduce anxiety, reduce depression, and build a stronger community by bringing people together in nature. We provide walks for all abilities, including walks for those with mobility restrictions. We provide a transport system to help support those who do not drive to access our service. In 2022-2023 we delivered the following: 270 free digital detox walks with walks for all abilities supporting 3197 attendees to reconnect in nature. Delivered 10 social events, including mini golf trips, boat trips, quizzes, and other social events out with the walks. Provided 10 volunteering opportunities.

Consultation with stakeholders

Our main stakeholders are the community and are members in the Inverness area. We collect regular feedback for our walks through online forms, in-person chats and social media posts to find out what the community is looking for to help shape our service and improve to increase our social impact.

Directors' remuneration

£23000

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 September 2023

And signed on behalf of the board by:
Name: Matthew Wallace
Status: Director