SOUTH COAST BALLET CIC

Company limited by guarantee

Company Registration Number:
13863077 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 21 January 2022

End date: 31 January 2023

SOUTH COAST BALLET CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

SOUTH COAST BALLET CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023


£
Administrative expenses: ( 13,193 )
Other operating income: 14,812
Operating profit(or loss): 1,619
Profit(or loss) before tax: 1,619
Profit(or loss) for the financial year: 1,619

SOUTH COAST BALLET CIC

Balance sheet

As at 31 January 2023

Notes 2023


£
Fixed assets
Intangible assets: 3 1,619
Total fixed assets: 1,619
Current assets
Stocks:   0
Debtors:   0
Investments:   0
Total current assets: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 1,619
Total net assets (liabilities): 1,619
Members' funds
Profit and loss account: 1,619
Total members' funds: 1,619

The notes form part of these financial statements

SOUTH COAST BALLET 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 18 September 2023
and signed on behalf of the board by:

Name: Rachael Mitchell
Status: Director

The notes form part of these financial statements

SOUTH COAST BALLET 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

SOUTH COAST BALLET CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023
    Average number of employees during the period 2

SOUTH COAST BALLET CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Intangible assets

Goodwill Other Total
Cost £ £ £
Additions 1,619 1,619
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 January 2023 1,619 1,619
Amortisation
Charge for year 0 0
On disposals 0 0
Other adjustments 0 0
At 31 January 2023 0 0
Net book value
At 31 January 2023 1,619 1,619

COMMUNITY INTEREST ANNUAL REPORT

SOUTH COAST BALLET CIC

Company Number: 13863077 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The company provides performance opportunities for local dance students, within their community rather then having to travel to London. We produced a full scale ballet performance this year in a local theatre. This benefitted the community in the following ways:- young dance students were able to experience being part of a full scale ballet production, in a large theatre in our local town. Being held locally, we cut down on travel costs for the dancer's and their families, and the effect to the environment. - the fees we charged were purely to cover production costs, these were much reduced compared to a professional equivalent (at least 50% less).- We used local small business for all of our pre-production where possible putting money back into our community. This included local hall hire for rehearsals, local photographers and designers for producing publicity materials. A local clothing company produced our cast shirts.- Ticket prices for the public were kept low, again less then 50% of a comparable production, to enable the show was affordable to people to come and watch. We also had a family discounted ticket which reduced the ticket prices further. - the company was able to employ local choreographers to work within the company

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid to or receivable by directors in respect of wages was £600.There were no other transactions or arrangements in connection with the remuneration of directors 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
18 September 2023

And signed on behalf of the board by:
Name: Rachael Mitchell
Status: Director