REGISTERED CHARITY NUMBER: 1167173
Report of the Trustees and
Unaudited Financial Statements for the Year Ended 31 December 2021
for
The Clarity Foundation
The Clarity Foundation
Contents of the Financial Statements for the Year Ended 31 December 2021
| Page | |
|---|---|
| Report of the Trustees | 1 |
| Statement of Financial Activities | 2 |
| Balance Sheet | 3 |
| Notes to the Financial Statements | 4 |
The Clarity Foundation
Report of the Trustees
for the Year Ended 31 December 2021
The trustees present their report with the financial statements of the charity for the year ended 31 December 2021. The trustees have adopted the provisions of Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019).
OBJECTIVES AND ACTIVITIES
Objectives and aims
To advance the education of the general public in the principles behind mental clarity for the purposes of increasing resilience and wellbeing and reducing stress-related disorders and other psychological suffering.
The mission of the charity is to eradicate chronic psychological suffering globally by 2030.
ACHIEVEMENT AND PERFORMANCE Charitable activities
The charity has remained financially dormant throughout the year.
STRUCTURE, GOVERNANCE AND MANAGEMENT
Governing document
The charity is a Charitable Incorporated Organisation (CIO) governed by its constitution adopted on 17 March 2016.
Organisational structure
The charity is administered solely by the trustees as noted below.
REFERENCE AND ADMINISTRATIVE DETAILS Registered Charity number
1167173
Principal address
Flat 5, Musters Gables 72 Musters Road West Bridgford Nottingham Nottinghamshire NG2 7PS
Trustees
J M Smart C Norton E J McDevitt
Approved by order of the board of trustees on 2 August 2022 and signed on its behalf by:
J M Smart - Trustee
Page 1
The Clarity Foundation
Statement of Financial Activities
| Statement of Financial Activities | ||
|---|---|---|
| for the Year Ended 31 December 2021 | ||
| 31.12.21 | 31.12.20 | |
| Total | Total | |
| funds | funds | |
| Notes | £ | £ |
| NET INCOME | - | - |
| RECONCILIATION OF FUNDS | ||
| Total funds brought forward | - | - |
| TOTAL FUNDS CARRIED FORWARD | - | - |
The notes form part of these financial statements
Page 2
The Clarity Foundation
Balance Sheet
31 December 2021
| 31.12.21 | 31.12.20 | ||
|---|---|---|---|
| Total | Total | ||
| funds | funds | ||
| Notes | £ | £ | |
| NET CURRENT ASSETS | - | - | |
| TOTAL ASSETS LESS CURRENT | |||
| LIABILITIES | - | - | |
| NET ASSETS | - | - | |
| FUNDS | 3 | ||
| TOTAL FUNDS | - | - |
The financial statements were approved by the Board of Trustees and authorised for issue on 2 August 2022 and were signed on its behalf by:
J M Smart - Trustee
The notes form part of these financial statements
Page 3
The Clarity Foundation
Notes to the Financial Statements
for the Year Ended 31 December 2021
1. ACCOUNTING POLICIES
Basis of preparing the financial statements
The financial statements of the charity, which is a public benefit entity under FRS 102, have been prepared in accordance with the Charities SORP (FRS 102) 'Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective 1 January 2019)', Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Charities Act 2011. The financial statements have been prepared under the historical cost convention.
2. TRUSTEES' REMUNERATION AND BENEFITS
There were no trustees' remuneration or other benefits for the year ended 31 December 2021 nor for the year ended 31 December 2020.
Trustees' expenses
There were no trustees' expenses paid for the year ended 31 December 2021 nor for the year ended 31 December 2020.
3. MOVEMENT IN FUNDS
4. RELATED PARTY DISCLOSURES
There were no related party transactions for the year ended 31 December 2021.
Page 4