VISUAL LITERACY MATTERS CIC

Company limited by guarantee

Company Registration Number:
SC737105 (Scotland)

Unaudited statutory accounts for the year ended 6 April 2024

Period of accounts

Start date: 7 April 2023

End date: 6 April 2024

VISUAL LITERACY MATTERS CIC

Contents of the Financial Statements

for the Period Ended 6 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

VISUAL LITERACY MATTERS CIC

Directors' report period ended 6 April 2024

The directors present their report with the financial statements of the company for the period ended 6 April 2024

Directors

The directors shown below have held office during the whole of the period from
7 April 2023 to 6 April 2024

Katarzyna Urszula Soltan
Magdalena Agnieszka Adamow


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
1 April 2025

And signed on behalf of the board by:
Name: Magdalena Agnieszka Adamow
Status: Director

VISUAL LITERACY MATTERS CIC

Balance sheet

As at 6 April 2024

Notes 2024 9 months to 6 April 2023


£

£
Fixed assets
Tangible assets: 3 708 885
Total fixed assets: 708 885
Creditors: amounts falling due within one year: 4 ( 3,980 ) ( 2,822 )
Net current assets (liabilities): (3,980) (2,822)
Total assets less current liabilities: (3,272) ( 1,937)
Total net assets (liabilities): (3,272) (1,937)
Members' funds
Profit and loss account: (3,272) ( 1,937)
Total members' funds: ( 3,272) (1,937)

The notes form part of these financial statements

VISUAL LITERACY MATTERS CIC

Balance sheet statements

For the year ending 6 April 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 April 2025
and signed on behalf of the board by:

Name: Magdalena Agnieszka Adamow
Status: Director

The notes form part of these financial statements

VISUAL LITERACY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 6 April 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 20% Reducing Balance

    Other accounting policies

    Going Concern The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

VISUAL LITERACY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 6 April 2024

  • 2. Employees

    2024 9 months to 6 April 2023
    Average number of employees during the period 0 0

VISUAL LITERACY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 6 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 7 April 2023 1,106 1,106
Additions
Disposals
Revaluations
Transfers
At 6 April 2024 1,106 1,106
Depreciation
At 7 April 2023 221 221
Charge for year 177 177
On disposals
Other adjustments
At 6 April 2024 398 398
Net book value
At 6 April 2024 708 708
At 6 April 2023 885 885

VISUAL LITERACY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 6 April 2024

4. Creditors: amounts falling due within one year note

2024 9 months to 6 April 2023
£ £
Accruals and deferred income 958 479
Other creditors 3,022 2,343
Total 3,980 2,822

COMMUNITY INTEREST ANNUAL REPORT

VISUAL LITERACY MATTERS CIC

Company Number: SC737105 (Scotland)

Year Ending: 6 April 2024

Company activities and impact

Visual Literacy Matters CIC is a company dedicated to providing educational and well-being services within the area of visual literacy. We are committed to developing strategies and tools to help the seldom-heard and -seen members of our community to communicate their needs and assert their presence in the community through visual means of communication whenever verbal communication may be insufficient or inadequate, e.g. when facing cultural, language or mental barriers coming from disability, trauma or multilingualism. Our mission is to help families, schools, government bodies and therapeutic organisations bridge the communication gaps with the view to making the lives of the seldom heard members of our community better and fuller.

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
1 April 2025

And signed on behalf of the board by:
Name: Magdalena Agnieszka Adamow
Status: Director