AKOMAASA PERFORMING ARTS ACADEMY CIC

Company limited by guarantee

Company Registration Number:
10477839 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2021

Period of accounts

Start date: 1 December 2020

End date: 30 November 2021

AKOMAASA PERFORMING ARTS ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2021

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

AKOMAASA PERFORMING ARTS ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 November 2021

2021 2020


£

£
Turnover: 46,568 24,881
Cost of sales: ( 1,348 )
Gross profit(or loss): 45,220 24,881
Administrative expenses: ( 43,303 ) ( 22,984 )
Operating profit(or loss): 1,917 1,897
Profit(or loss) before tax: 1,917 1,897
Profit(or loss) for the financial year: 1,917 1,897

AKOMAASA PERFORMING ARTS ACADEMY CIC

Balance sheet

As at 30 November 2021

Notes 2021 2020


£

£
Current assets
Debtors: 3 8,736
Cash at bank and in hand: 12,739 5,829
Total current assets: 21,475 5,829
Creditors: amounts falling due within one year: 4 ( 2,063 ) ( 9,714 )
Net current assets (liabilities): 19,412 (3,885)
Total assets less current liabilities: 19,412 ( 3,885)
Creditors: amounts falling due after more than one year: 5 ( 21,380 )
Total net assets (liabilities): (1,968) (3,885)
Members' funds
Profit and loss account: (1,968) ( 3,885)
Total members' funds: ( 1,968) (3,885)

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY CIC

Balance sheet statements

For the year ending 30 November 2021 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 7 July 2022
and signed on behalf of the board by:

Name: Ms R A Boakye-Nimo
Status: Director

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 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

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 4 0

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

3. Debtors

2021 2020
£ £
Trade debtors 8,736
Total 8,736

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

4. Creditors: amounts falling due within one year note

2021 2020
£ £
Other creditors 2,063 9,714
Total 2,063 9,714

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2021

5. Creditors: amounts falling due after more than one year note

2021
£
Other creditors 21,380
Total 21,380

COMMUNITY INTEREST ANNUAL REPORT

AKOMAASA PERFORMING ARTS ACADEMY CIC

Company Number: 10477839 (England and Wales)

Year Ending: 30 November 2021

Company activities and impact

The company continues to provide the benefit to children and young people with interest in western and African Disapora Performing Arts & dance in the Borough of lambeth and all surrounding areas. We have organised an increasing number of work shops throughout the year and have increased the number of activities right accross sorrounding areas. These activities have brought together a wider range of cultural groups who interacted together on a regular basis and are able to build on community cohesiveness on a more regular basis which will benefit the area over the long term.

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
7 July 2022

And signed on behalf of the board by:
Name: Ms R A Boakye-Nimo
Status: Director