CLYDE CARE (UK SOLUTIONS) CIC

Company limited by guarantee

Company Registration Number:
SC554350 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

CLYDE CARE (UK SOLUTIONS) CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

CLYDE CARE (UK SOLUTIONS) CIC

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

GS Hart
A Seywright
S Burns
Ms E Milmine


The director shown below has held office during the period of
1 February 2023 to 31 October 2023

D Dalziel


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
29 October 2024

And signed on behalf of the board by:
Name: GS Hart
Status: Director

CLYDE CARE (UK SOLUTIONS) CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 93,987 50,531
Cost of sales: ( 49,842 ) ( 32,190 )
Gross profit(or loss): 44,145 18,341
Distribution costs: 0 0
Administrative expenses: ( 71,154 ) ( 18,416 )
Other operating income: 6,580 0
Operating profit(or loss): (20,429) (75)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (20,429) (75)
Tax: 0 0
Profit(or loss) for the financial year: (20,429) (75)

CLYDE CARE (UK SOLUTIONS) CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 9,883 0
Investments:   0 0
Total fixed assets: 9,883 0
Current assets
Stocks:   0 0
Debtors: 4 8,608 495
Cash at bank and in hand: 12,286 231
Investments:   0 0
Total current assets: 20,894 726
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 1,271 ) ( 791 )
Net current assets (liabilities): 19,623 (65)
Total assets less current liabilities: 29,506 ( 65)
Creditors: amounts falling due after more than one year: 6 ( 50,000 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (20,494) (65)
Members' funds
Profit and loss account: (20,494) ( 65)
Total members' funds: ( 20,494) (65)

The notes form part of these financial statements

CLYDE CARE (UK SOLUTIONS) CIC

Balance sheet statements

For the year ending 31 January 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 29 October 2024
and signed on behalf of the board by:

Name: GS Hart
Status: Director

The notes form part of these financial statements

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Plant & machinery, etc - 25% on cost and 20% on rducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Hire purchase and leasing commitments Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 1

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 0 0
Additions 11,859 11,859
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 January 2024 11,859 11,859
Depreciation
At 1 February 2023 0 0
Charge for year 1,976 1,976
On disposals 0 0
Other adjustments 0 0
At 31 January 2024 1,976 1,976
Net book value
At 31 January 2024 9,883 9,883
At 31 January 2023 0 0

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 8,608 495
Total 8,608 495

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,221 0
Other creditors 50 791
Total 1,271 791

CLYDE CARE (UK SOLUTIONS) CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 50,000 0
Total 50,000 0

COMMUNITY INTEREST ANNUAL REPORT

CLYDE CARE (UK SOLUTIONS) CIC

Company Number: SC554350 (Scotland)

Year Ending: 31 January 2024

Company activities and impact

Clyde Care (UK Solutions) CIC was incorporated on 12th January 2017 and offers 1-1 support for people who are vulnerable, disabled or suffer from mental health issues. The instant outcome is improved quality of life and living conditions, with the longer term impact being improved health & well being. We help eradicate poverty within our community and offer employment to those deemed to be distant from the job market due to mental health reasons, poor education, or lack of self confidence. We offer training on recognised trades, office skills and provide driving lessons, empowering people and giving them the tools required and the opportunity to have a successful career. We offer home improvements to improve the living conditions of vulnerable people in our community. We supply new, quality pre-loved furniture and home essentials to make a house a home and removing the need for these items to go to landfill. We renovate gardens and communal space so people can have a place to socialise. We involve the community and work alongside volunteers and help move vulnerable people to their new homes and offer a befriending service that helps ease loneliness. We work alongside Housing Associations and social workers to help vulnerable people who may have broken their tenancy agreement and require help around their home. We are trained on mental health awareness and will compassionately clear the property of all waste and unwanted chattels. We complete a deep clean and supply furniture and home essentials to make a house a home. Timescales match the client's needs and can be completed over a short period of time or over a longer set period, so not to cause upset or trauma.

Consultation with stakeholders

The stakeholders are residents, other groups in the area who offer a service to the less fortunate in our community, local council, and councillors - although Clyde Care has formed a working relationship with these groups no formal consultation has taken place. We have however had verbal feedback from our beneficiaries, and the qualitative data is positive and indicates that our service is worthwhile and even invaluable for some.

Directors' remuneration

The directors remuneration information is within the notes to the annual accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 October 2024

And signed on behalf of the board by:
Name: Gordon Hart
Status: Director