THE ARK ON THE CLYDE CIC

Company limited by guarantee

Company Registration Number:
SC635127 (Scotland)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

THE ARK ON THE CLYDE CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

THE ARK ON THE CLYDE CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 54,533 42,440
Cost of sales: ( 8,170 ) ( 8,843 )
Gross profit(or loss): 46,363 33,597
Administrative expenses: ( 50,078 ) ( 48,366 )
Other operating income: 0 0
Operating profit(or loss): (3,715) (14,769)
Profit(or loss) before tax: (3,715) (14,769)
Profit(or loss) for the financial year: (3,715) (14,769)

THE ARK ON THE CLYDE CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 18,217 22,372
Total fixed assets: 18,217 22,372
Current assets
Debtors: 4 2,502 640
Cash at bank and in hand: 265 872
Total current assets: 2,767 1,512
Creditors: amounts falling due within one year: 5 ( 16,603 ) ( 15,788 )
Net current assets (liabilities): (13,836) (14,276)
Total assets less current liabilities: 4,381 8,096
Accruals and deferred income: ( 33,344 ) ( 33,344 )
Total net assets (liabilities): (28,963) (25,248)
Members' funds
Profit and loss account: (28,963) ( 25,248)
Total members' funds: ( 28,963) (25,248)

The notes form part of these financial statements

THE ARK ON THE CLYDE CIC

Balance sheet statements

For the year ending 31 July 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 12 March 2025
and signed on behalf of the board by:

Name: Norah Buchanan
Status: Director

The notes form part of these financial statements

THE ARK ON THE CLYDE CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

THE ARK ON THE CLYDE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 2

THE ARK ON THE CLYDE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 30,212 4,100 34,312
Additions 2,000 2,000
Disposals
Revaluations
Transfers
At 31 July 2024 30,212 6,100 36,312
Depreciation
At 1 August 2023 9,064 2,876 11,940
Charge for year 5,755 400 6,155
On disposals
Other adjustments
At 31 July 2024 14,819 3,276 18,095
Net book value
At 31 July 2024 15,393 2,824 18,217
At 31 July 2023 21,148 1,224 22,372

THE ARK ON THE CLYDE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,150 640
Other debtors 352
Total 2,502 640

THE ARK ON THE CLYDE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,274 3,788
Taxation and social security 229 0
Other creditors 13,100 12,000
Total 16,603 15,788

COMMUNITY INTEREST ANNUAL REPORT

THE ARK ON THE CLYDE CIC

Company Number: SC635127 (Scotland)

Year Ending: 31 July 2024

Company activities and impact

The Ark on the Clyde CIC benefited in 2023 to 2024 by offering animal interaction and outdoor play and learning resources. We continued as an outlet for families together outdoors and learn new skills including growing vegetables and learning about the countryside.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount of salary for the Directors in the year to be provided and received was £11546.55. There is still a balance of £5431.06 owed from previous years.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 March 2025

And signed on behalf of the board by:
Name: Norah Buchanan
Status: Director