for the Period Ended 31 December 2022
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2022 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Distribution costs: | ( | ( |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2022
Basis of measurement and preparation
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 December 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2022 | | | | | ||
Additions | | | ||||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2022 | | | | | ||
Depreciation | ||||||
At 1 January 2022 | | | | | ||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 December 2022 | | | | | ||
Net book value | ||||||
At 31 December 2022 | | | | | ||
At 31 December 2021 | | | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
In 2022 High Gain Event Services worked with a wide range of community organisations to produce live music and community events that benefit local communities. Throughout activities High Gain sought to act as not simply a supplier, but a partner providing additional support where required.to enable events to be used to support the community.During 2022 the company continued it's relationship with Horsham Battle of the Bands, The Big Gig and full Event Management support for East Court Live..2022 also saw continued partnership with Steyning Festival to deliver a 2 week event as well as continued relationships with a wide variety of other community events and projects.These events and others attracted a diverse cross section of the community both performing and attending as well as providing personal development opportunities for student technicians seeking to develop their event production skills.
The directors continue to be involved consulting with committees of various community groups as well as engaging on social media with local people to identify how the company can better support community events in the local area. As part of the event production process debrief sessions were held with our event partners to identify their vision and challenges for the year ahead.The organisation continues work with an ever increasing number of community groups and local government agencies as a key delivery partner. The company decided to invest in a range of equipment including increased staging and cover and increased PA equipment based on this consultation.
Directors remuneration for services provided to the business was £13192It should be noted that directors were not remunerated specifically for time spent fulfilling their role as directors, remuneration paid included the delivery of services for clients on a project by project basis.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for the director's loss of office which are required to be disclosed.
No transfer of assets other than for full consideration has been made. As part of the organisations objectives, assets including lighting and PA Equipment were made available to registered youth charity 4 The Youth Ltd (an asset locked body) on medium term loan in order to support them further their charitable aims in supporting young people. Ownership remained with the organisation.
This report was approved by the board of directors on
13 September 2023
And signed on behalf of the board by:
Name: Jamie Friday
Status: Director