CAFE ART (UK) COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08786932 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2022

Period of accounts

Start date: 1 March 2021

End date: 28 February 2022

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2022

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

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Directors' report period ended 28 February 2022

The directors present their report with the financial statements of the company for the period ended 28 February 2022

Principal activities of the company

Directors Report for the year ended 28 February 2022AccountsThe directors herewith present their report and financial statements of thecompany for the year-ended 28 February 2022.ActivitiesThe principal activity of the company is the production of calendars with the help of artists, using their artworks or photographs, to help raise funds forthe art groups and to showcase their talent.Review of the businessA summary of the company results during the trading year is set out in the attached financial statements.Future developmentsThe directors do not envisage any activities outside the current activities of the company.Directors ResponsibilitiesCompany law requires the directors to prepare financial statements for eachfinancial year, which give a true and fair view of the state of affairs of the company and of the profit for that period. In preparing those financial statementsthe directors are required to:Select suitable accounting policies and the apply them consistently.Make judgements and estimates that are reasonable and prudent.Comply with applicable accounting standards subject to any material departuresdisclosed and explained in the financial statements.Prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.The directors are responsible for maintaining proper accounting records which disclose with reasonable accuracy at any time the financial position of thecompany and to ensure that the financial statements comply with the CompaniesAct 2006. They are also responsible for safeguarding the assets of the companyand hence for taking reasonable steps for the prevention an detection of fraudand other irregularities.By order of the BoardP RyanDirector



Directors

The directors shown below have held office during the whole of the period from
1 March 2021 to 28 February 2022

Paul Ryan
Michael Wong


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
16 May 2022

And signed on behalf of the board by:
Name: Paul Ryan
Status: Director

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2022

2022 2021


£

£
Turnover: 37,584 30,762
Cost of sales: ( 24,386 ) ( 24,768 )
Gross profit(or loss): 13,198 5,994
Administrative expenses: ( 37,905 ) ( 34,594 )
Other operating income: 27,675 27,602
Operating profit(or loss): 2,968 (998)
Profit(or loss) before tax: 2,968 (998)
Profit(or loss) for the financial year: 2,968 (998)

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2022

Notes 2022 2021


£

£
Current assets
Cash at bank and in hand: 15,947 10,552
Total current assets: 15,947 10,552
Creditors: amounts falling due within one year: 3 ( 17,670 ) ( 15,243 )
Net current assets (liabilities): (1,723) (4,691)
Total assets less current liabilities: (1,723) ( 4,691)
Total net assets (liabilities): (1,723) (4,691)
Members' funds
Profit and loss account: (1,723) ( 4,691)
Total members' funds: ( 1,723) (4,691)

The notes form part of these financial statements

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 2022 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 16 May 2022
and signed on behalf of the board by:

Name: Paul Ryan
Status: Director

The notes form part of these financial statements

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2022

  • 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

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 1 1

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2022

3. Creditors: amounts falling due within one year note

2022 2021
£ £
Other creditors 17,670 15,243
Total 17,670 15,243

COMMUNITY INTEREST ANNUAL REPORT

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Company Number: 08786932 (England and Wales)

Year Ending: 28 February 2022

Company activities and impact

Cafe Art's mission is to connect people affected by homelessness with the wider community through art. Our vision is that formerly homeless people will be empowered through their art, activity involved in a social enterprise that helps other people in similar situations by hanging their art in cafes, exhibitions and by participating in the annual photography project and calendar.During 2020 and 2021 we supported our artists and photographers virtually as much as we could. We coordinated an online art exhibition and helped them learn new digital skills. At the same time we had weekly Zoom calls with photographers. In late 2021 we resumed meeting outside for photo walk training sessions.MyLondon, a photography project that empowers people affected by homelessness, was kept going with a calendar featuring the best photos from the last seven years. We raise money for our photographers and sheltered calendar vendors through the sale of calendars, photographs and cards.

Consultation with stakeholders

The company stakeholders are people in London affected by homelessness. We bring together artists from almost all of London’s homelessness organisations to showcase their work for the public to enjoy, as well as encouraging organisations to showcase their work for the public to enjoy. We are encouraged by our stakeholders to create a meaningful income for them as well as raising funds for their own art groups as a way to show their appreciation for the on-going support they get from the various charities.In 2020 and 2021 we continued connecting to our photography group through WhatsApp and Zoom and we also completed the online exhibition with the art support group for people affected by Covid-19. A secondary group of stakeholders is the public who buy calendars, photos and cards. We do regular surveys of them to find out what they like and want to buy. The last survey was in January 2022.

Directors' remuneration

Paul Ryan £28,690

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 May 2022

And signed on behalf of the board by:
Name: Paul Ryan
Status: Director