CLARITY WALK CIC

Company limited by guarantee

Company Registration Number:
SC640285 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

CLARITY WALK CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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 2024

2024 2023


£

£
Turnover: 21,003 83,868
Cost of sales: ( 1,431 ) ( 5,985 )
Gross profit(or loss): 19,572 77,883
Distribution costs: 0 0
Administrative expenses: ( 43,055 ) ( 71,632 )
Other operating income: 0 22,514
Operating profit(or loss): (23,483) 28,765
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (23,483) 28,765
Tax: 0 ( 4,503 )
Profit(or loss) for the financial year: (23,483) 24,262

CLARITY WALK CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 5,518 7,587
Investments:   0 0
Total fixed assets: 5,518 7,587
Current assets
Stocks:   0 0
Debtors: 4 298 298
Cash at bank and in hand: 1,897 30,991
Investments:   0 0
Total current assets: 2,195 31,289
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 2,716 ) ( 10,396 )
Net current assets (liabilities): (521) 20,893
Total assets less current liabilities: 4,997 28,480
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 400 ) ( 400 )
Total net assets (liabilities): 4,597 28,080
Members' funds
Profit and loss account: 4,597 28,080
Total members' funds: 4,597 28,080

The notes form part of these financial statements

CLARITY WALK CIC

Balance sheet statements

For the year ending 31 August 2024 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 11 September 2024
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 2024

  • 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 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2023 4,794 10,600 15,394
Additions
Disposals
Revaluations
Transfers
At 31 August 2024 4,794 10,600 15,394
Depreciation
At 1 September 2023 2,157 5,650 7,807
Charge for year 719 1,350 2,069
On disposals
Other adjustments
At 31 August 2024 2,876 7,000 9,876
Net book value
At 31 August 2024 1,918 3,600 5,518
At 31 August 2023 2,637 4,950 7,587

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Debtors

2024 2023
£ £
Trade debtors 0 0
Other debtors 298 298
Total 298 298
Debtors due after more than one year: 0 0

CLARITY WALK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,960
Taxation and social security 6,436
Other creditors 2,716
Total 2,716 10,396

COMMUNITY INTEREST ANNUAL REPORT

CLARITY WALK CIC

Company Number: SC640285 (Scotland)

Year Ending: 31 August 2024

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 2023-2024 we delivered the following: 260 free digital detox walks with walks for all abilities supporting 3300 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. A partnership with the Charity Centred was set up to further increase our social impact for future years.

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

£15,900.00

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 September 2024

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