DYNAMIC WHEEL CIC

Company limited by guarantee

Company Registration Number:
SC638092 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

DYNAMIC WHEEL CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

DYNAMIC WHEEL CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 0 2,760
Cost of sales: ( 1,268 ) ( 1,615 )
Gross profit(or loss): (1,268) 1,145
Operating profit(or loss): (1,268) 1,145
Profit(or loss) before tax: (1,268) 1,145
Tax: ( 218 )
Profit(or loss) for the financial year: (1,268) 927

DYNAMIC WHEEL CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 597 2,083
Total current assets: 597 2,083
Creditors: amounts falling due within one year: 3 ( 12 ) ( 12 )
Net current assets (liabilities): 585 2,071
Total assets less current liabilities: 585 2,071
Total net assets (liabilities): 585 2,071
Members' funds
Profit and loss account: 585 2,071
Total members' funds: 585 2,071

The notes form part of these financial statements

DYNAMIC WHEEL CIC

Balance sheet statements

For the year ending 31 December 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 20 September 2024
and signed on behalf of the board by:

Name: Mr Patrick J Gilmartin
Status: Director

The notes form part of these financial statements

DYNAMIC WHEEL CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

DYNAMIC WHEEL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

DYNAMIC WHEEL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 12 12
Total 12 12

COMMUNITY INTEREST ANNUAL REPORT

DYNAMIC WHEEL CIC

Company Number: SC638092 (Scotland)

Year Ending: 31 December 2023

Company activities and impact

Dynamic Wheel (DW) CIC offers various programmes of opportunities for individuals who have faced mental health issues and adversities. The DW Peer Learning Programme collaborates with a local charity to offer a peer learning programme based on the recovery model and the Peer Support Model. Informal peer support sessions and formal peer support opportunities are provided. The DW Events Programme aims to reduce isolation and improve health for the wider DW Community. The DW Events include outdoor Walks, online quizzes, picnics, barbecues, and more. Roots and Shoots provides ongoing chances for individuals to engage in small scale horticultural activities. We have been working with a larger development that explores a greeenspace site which will offer opportunities for growing, health food education and more.

Consultation with stakeholders

-We have ongoing weekly meetings called the Peer Steering Group, which allows DW to consult directly with the wider DW Membership to review DW Programmes and develop new programmes. -We have planned a more formal stakeholders event to allow us to develop more pathways for referrals and working with other community partners.

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
20 September 2024

And signed on behalf of the board by:
Name: Mr Michael Gourlay
Status: Director