CLEARCOMPANY CIC

Company limited by guarantee

Company Registration Number:
11061427 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

CLEARCOMPANY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

CLEARCOMPANY CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The company's prinicipal acticities continue to be the activities which benefit the community and in particular to promote learning, skill development, modes of self-expression, access to new opportunities and improved life prospectsfor disadvantaged people and communities in residential areas and social settings, by delivering, or facilitating the delivery, of a community cafe; knowledge and experience sharing community workshops; events and showcasing opportunities for emerging chefs, craftspeople, musicians and other artisans and artisits; community diaries; plus mentoring, advice and advocacy, befriending and other kinds of support and wellbeing services.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Stephen Wiseman
Juile Briggs


The director shown below has held office during the period of
1 December 2022 to 11 September 2023

Ana Almeida


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 August 2024

And signed on behalf of the board by:
Name: Stephen Wiseman
Status: Director

CLEARCOMPANY CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 31,156 19,102
Cost of sales: ( 23,780 ) ( 12,684 )
Gross profit(or loss): 7,376 6,418
Administrative expenses: ( 5,832 ) ( 3,461 )
Operating profit(or loss): 1,544 2,957
Profit(or loss) before tax: 1,544 2,957
Tax: ( 109 )
Profit(or loss) for the financial year: 1,435 2,957

CLEARCOMPANY CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 4,815
Cash at bank and in hand: 2,690 1,873
Total current assets: 7,505 1,873
Creditors: amounts falling due within one year: 4 ( 6,038 )
Net current assets (liabilities): 1,467 1,873
Total assets less current liabilities: 1,467 1,873
Accruals and deferred income: ( 1,004 ) ( 2,845 )
Total net assets (liabilities): 463 (972)
Members' funds
Profit and loss account: 463 ( 972)
Total members' funds: 463 (972)

The notes form part of these financial statements

CLEARCOMPANY CIC

Balance sheet statements

For the year ending 30 November 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 18 August 2024
and signed on behalf of the board by:

Name: Stephen Wiseman
Status: Director

The notes form part of these financial statements

CLEARCOMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    The turnover shown in the profit and loss account represents revenue recognised by the company in respect of goods and services supplied during the period and amounts received from various bodies in the form of grants.

    Other accounting policies

    Deferred incomeDeferred income relates to money received from grant income, contract work and advance payments towards an event. It will be declared as revenue when the related expenditure is incurred or the event has taken place. In a situation where expenditure is not incurred it will be returned to the funder.

CLEARCOMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

CLEARCOMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Trade debtors 4,815
Total 4,815

CLEARCOMPANY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023
£
Trade creditors 5,929
Taxation and social security 109
Total 6,038

COMMUNITY INTEREST ANNUAL REPORT

CLEARCOMPANY CIC

Company Number: 11061427 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Our mission continued to be to leverage and support the development of local skills, experience, and enterprise to provide solutions for community groups and individuals facing disadvantages. Our team included a diverse pool of professionals, including artists, wellbeing practitioners, caterers, musicians, entertainers, psychologists, and business professionals. With them, we organised and managed community events that united and provided opportunities for personal growth and wellbeing. We have showcased local talent in the creative arts and wellbeing fields. This has been alongside forums we set up to plan future community development initiatives. Our approach involved the wider community in Wymondham and surrounding areas and fostered camaraderie and community bonding through learning new skills and interacting in group settings. We leveraged lived experiences of our team members and service users to provide supported activities, ensuring each participant could engage at their own pace and comfort level.Events this year organised by ClearCompany CIC included the thrice-yearly community fair at Wymondham Abbey and the annual Wymondham pre-Christmas festival “Wynterfest” This year we embarked upon a major new project, involving us negotiating a lease on a former School-rooms building in the grounds of Wymondham Abbey, in the market town of Wymondham, Norfolk. This is home to what we have branded as “That Little Norfolk Shop & Studio” (TNLSS). Within these premis-es, we have begun to build on our track record and our extensive network to provide a platform for local artisans, community groups, social enterprises and micro businesses. Performance and exhibition op-portunities begun to be planned and offered to various groups, further enriching community engagement and creativity. These diverse activities catered to different segments of the community, provided ongo-ing mentoring and support, and promoted collaboration with community outreach projects, wellbeing activities, support for mental health, and engagement opportunities for individuals with neurodevelop-mental conditions. The intention in the coming year was for this holistic approach to ensure that we build upon what has worked well previously and innovate to meet evolving community needs.

Consultation with stakeholders

Stakeholders have been as follows 1. Local community residents and users of our services and facilities. Among the local population, this includes people facing disadvantages (e.g. mental health, substance abuse) social isolation, discrimination, cost of living, long term unemployment, community organisa-tions, local craftspeople, artists, musicians, caterers, chefs and workshop trainers. We consult with them through community team meetings, forum meetings, social media, email and telephone interac-tion. We facilitate network members to support each other through mentoring, practical support, stall and gig set up, and we help them to market their products, as well as organising the events so they could showcase their talents and achievements. All the time they work with us, the artists and traders learn from and supported each other, and through our working parties, meetings and events they helped shape the way we do things. This develops and informs our planning for our activities and encourages more people from the above groups to join us.2. Local and national organisations These include voluntary and community organisations, local social enterprises, South Norfolk and Broadland Council, Wymondham Parish Council and other public authorities, Wymondham Business Group, Norfolk Community Foundation, Community Action Norfolk, University of East Anglia, and na-tional organisations such as the National Council of Voluntary Organisations (NCVO). Their feedback helps shape our short term and longer-term planning with regard to business development and opera-tions3. Social media platforms and local mainstream media outlets These stakeholders have been consulted informally and have been prominent and willing vehicles for raising awareness of our activity and undertaking consultation with our communities. 4. Trusts, Foundations and local businesses Such bodies have been applied to for grants to supplement our income, or sponsorship in the case of businesses. Consultation has been via email and meetings. Our approaches to them raises awareness of our activities, and feedback from them has helped shape our projects, agendas and organisational development.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by Directors in respect of qualifying services was £12,700There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 August 2024

And signed on behalf of the board by:
Name: Stephen Wiseman
Status: Director