RUN TALK RUN CIC

Company Registration Number:
11698473 (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

RUN TALK RUN 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

RUN TALK RUN 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 principal activity during the year continued to be peer to peer support for mental health through running.



Directors

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

J Robson


The director shown below has held office during the period of
10 May 2023 to 30 November 2023

N Harris


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
28 August 2024

And signed on behalf of the board by:
Name: J Robson
Status: Director

RUN TALK RUN CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 3,118 17,020
Cost of sales: ( 687 ) ( 861 )
Gross profit(or loss): 2,431 16,159
Administrative expenses: ( 9,224 ) ( 14,288 )
Operating profit(or loss): (6,793) 1,871
Profit(or loss) before tax: (6,793) 1,871
Tax: ( 27 )
Profit(or loss) for the financial year: (6,793) 1,844

RUN TALK RUN CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets: 3 13,500 0
Total fixed assets: 13,500 0
Current assets
Debtors: 4 27 0
Cash at bank and in hand: 7,704 3,342
Total current assets: 7,731 3,342
Creditors: amounts falling due within one year: 5 ( 3,219 ) ( 3,582 )
Net current assets (liabilities): 4,512 (240)
Total assets less current liabilities: 18,012 ( 240)
Creditors: amounts falling due after more than one year: 6 ( 25,000 ) 0
Total net assets (liabilities): (6,988) (240)
Capital and reserves
Called up share capital: 50 5
Profit and loss account: (7,038 ) (245 )
Total Shareholders' funds: ( 6,988 ) (240)

The notes form part of these financial statements

RUN TALK RUN 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 28 August 2024
and signed on behalf of the board by:

Name: J Robson
Status: Director

The notes form part of these financial statements

RUN TALK RUN 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

    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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

    Intangible fixed assets amortisation policy

    Intangible fixed asset (the Run Talk Run trademark) is measured at cost less accumulative amortisation and any accumulative impairment losses.

RUN TALK RUN CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 2 2

RUN TALK RUN CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2022 0 0
Additions 15,000 15,000
Disposals
Revaluations
Transfers
At 30 November 2023 15,000 15,000
Amortisation
At 1 December 2022 0 0
Charge for year 1,500 1,500
On disposals
Other adjustments
At 30 November 2023 1,500 1,500
Net book value
At 30 November 2023 13,500 13,500
At 30 November 2022 0 0

RUN TALK RUN CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Other debtors 27 0
Total 27 0

RUN TALK RUN CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 27
Other creditors 3,219 3,555
Total 3,219 3,582

RUN TALK RUN CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Other creditors 25,000 0
Total 25,000 0

COMMUNITY INTEREST ANNUAL REPORT

RUN TALK RUN CIC

Company Number: 11698473 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company provided a physical and mental health support network to individuals of all abilities within the community by encouraging people to talk and support each other whilst out running. To support the activities of the company Sport In Mind took a majority shareholding in the business to help promote Run Talk Run to a larger audience.

Consultation with stakeholders

Stakeholders are people who have joined for free to discuss the physical and well being whilst out running and supporting those around them. There has been no formal consultation with stakeholders.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: J Robson
Status: Director