WAY (WELLBEING THROUGH ART AND YOGA) CIC

Company limited by guarantee

Company Registration Number:
14911897 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 2 June 2023

End date: 30 June 2024

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 630
Gross profit(or loss): 630
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 630
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 630
Tax: ( 120 )
Profit(or loss) for the financial year: 510

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 630
Investments:   0
Total current assets: 630
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 630
Total assets less current liabilities: 630
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 630
Members' funds
Profit and loss account: 630
Total members' funds: 630

The notes form part of these financial statements

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Balance sheet statements

For the year ending 30 June 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 5 February 2025
and signed on behalf of the board by:

Name: Fionnuala O'Keefe
Status: Director

The notes form part of these financial statements

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

WAY (WELLBEING THROUGH ART AND YOGA) CIC

Company Number: 14911897 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The company exists to bring the health and wellbeing benefits of yoga and art classes to community groups and individuals who would otherwise not access these classes. During the financial year 2023 - 2024 we delivered nine yoga classes to an organisation called Hope Street who support women coming out of prison. There were two yoga teachers (Caroline Eyles and Fionnuala O'Keefe - Directors of WAY) at each of these classes to ensure that it was safe and accessible to all particpants. Classes were well attended and the women reported that they experienced a feeling of relaxation and increased wellbeing. Hope Street paid WAY for the delivery of these classes, which amounted to £630.00. We delayed paying the yoga teachers (Eyles & O'Keefe) as we were unsure of the direction of the company at this point. We wanted to keep the money in the account so we could allocate it for resources (i.e. yoga mats) and also future work yoga work within the community. In retrospect we realise that we should have paid ourselves for the yoga classes we delivered.

Consultation with stakeholders

No 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
5 February 2025

And signed on behalf of the board by:
Name: Fionnuala O'Keefe
Status: Director