CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Company limited by guarantee

Company Registration Number:
09147860 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Directors' report period ended 31 July 2024

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

Principal activities of the company

Community Interest Company - providing services to social purpose organisations

Political and charitable donations

No political or charitable donations were made by the company during the year.



Directors

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

Sarah Taragon
Steve Woolett


Secretary Sarah Taragon

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
26 September 2024

And signed on behalf of the board by:
Name: Sarah Taragon
Status: Secretary

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Turnover: 55,649 73,626
Gross profit(or loss): 55,649 73,626
Administrative expenses: ( 58,552 ) ( 72,804 )
Operating profit(or loss): (2,903) 822
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,903) 822
Tax: 0 0
Profit(or loss) for the financial year: (2,903) 822

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 1,000 1,370
Cash at bank and in hand: 7,612 8,217
Total current assets: 8,612 9,587
Creditors: amounts falling due within one year: 4 ( 6,187 ) ( 4,259 )
Net current assets (liabilities): 2,425 5,328
Total assets less current liabilities: 2,425 5,328
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 2,425 5,328
Members' funds
Profit and loss account: 2,425 5,328
Total members' funds: 2,425 5,328

The notes form part of these financial statements

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS 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 26 September 2024
and signed on behalf of the board by:

Name: Sarah Taragon
Status: Director

The notes form part of these financial statements

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS 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

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of Value Added Tax, returns, rebates and discounts and after eliminating sales within the company . The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities

    Tangible fixed assets depreciation policy

    Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses Depreciation is charged so to write off the cost of the assets, other than land and properties under construction over their estimated useful lives as follows: Asset Class Depreciation Method and Rate Plant and Machinery & Motor Vehicles 18% Reducing Fixtures and fittings 18% Reducing

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Debtors

2024 2023
£ £
Trade debtors 1,000 350
Prepayments and accrued income 0 0
Other debtors 0 1,020
Total 1,000 1,370
Debtors due after more than one year: 0 0

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 1,212
Taxation and social security 87 97
Accruals and deferred income 550 0
Other creditors 5,550 2,950
Total 6,187 4,259

COMMUNITY INTEREST ANNUAL REPORT

CLARITY CLEAR SOLUTIONS FOR SOCIAL PURPOSE ORGANISATIONS CIC

Company Number: 09147860 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Clarity Clear Solutions for Social Purpose Organisations CIC provides advice, support and training for social purpose organisations in the South West. These include community and voluntary groups, charities and social enterprises, including other CICs. The majority of the organisations we assist are small organisations. We held contracts with 21 voluntary and community sector organisations, providing support in a range of areas through these contracts, to 25 organisations. We offered free advice / support to a further 5 organisations. We continue to specialise in supporting groups to measure and demonstrate the impact of their work and the difference they are making for individuals, communities and society as a whole. We have also supported organisations to improve their governance, resilience, strategic planning, organisational systems and approaches to user involvement and community engagement. We provided resources free of charge to voluntary and community sector organisations, through our social media accounts, website and blogs and networking opportunities.

Consultation with stakeholders

Our stakeholders are social purpose organisations operating in South West England. We seek feedback from the organisations we support to identify how we can improve and develop our services. We also seek insights and intelligence on the needs of social purpose groups from organisations directly as well as from funders (such as The National Lottery Community Fund), voluntary sector infrastructure organisations and networks. In response to feedback from stakeholders we update our offer and make decisions about what we can offer to best meet the sector’s needs

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
26 September 2024

And signed on behalf of the board by:
Name: Sarah Taragon
Status: Director