CRE8IVE ARTS CIC

Company limited by guarantee

Company Registration Number:
13866462 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 24 January 2022

End date: 31 January 2023

CRE8IVE ARTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

CRE8IVE ARTS CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023


£
Turnover: 10,132
Cost of sales: ( 9,788 )
Gross profit(or loss): 344
Distribution costs: ( 560 )
Operating profit(or loss): (216)
Profit(or loss) before tax: (216)
Profit(or loss) for the financial year: (216)

CRE8IVE ARTS CIC

Balance sheet

As at 31 January 2023

Notes 2023


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Total current assets: 0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

CRE8IVE ARTS CIC

Balance sheet statements

For the year ending 31 January 2023 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 25 September 2023
and signed on behalf of the board by:

Name: Jocelyn Ampah-Brient
Status: Director

The notes form part of these financial statements

CRE8IVE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 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

CRE8IVE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

CRE8IVE ARTS CIC

Company Number: 13866462 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

After the steady recovery from the impact of the Covid 19 Pandemic and coping with the current cost of living crisis Cre8ive Arts CIC has been able to offer the community and beyond the benefit of our free innovate and creative workshops.These events have been designed by 14 London based professional practitioners who are committed in sharing their skill , knowledge and passion to encourage attendees to exchange ideas and produce works beyond their own expectations.The focus is on well-being, self esteem, fun and achievement.Cre8ive Arts CIC has transformed a once neglected space on a housing estate with a checkered past and revived its being into a hive of possibilities for creative minds in the community who are extremely grateful to the benefits produced through our efforts .

Consultation with stakeholders

Director Morris Thompson has become one of the occasional practitioners and held a one month art workshop introducing his specialty in Portraits and Caricatures with paintings and drawings.Our 17 year old volunteer from the estate has taken on the role of gathering data through social media and online surveys

Directors' remuneration

The total amount paid to directors in respect of qualifying services was £560.00There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 September 2023

And signed on behalf of the board by:
Name: Mr. Jocelyn Samuel Ampah-Brient
Status: Director