for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal activities of the company
Directors
The director shown below has held office during the period of
23 January 2023 to 31 March 2023
The directors shown below have held office during the whole of the period from
2 March 2022 to 31 March 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 31 March 2023 | ||
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| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | ( | |
Other operating income: | | |
Operating profit(or loss): | ( | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | | |
Profit(or loss) before tax: | ( | |
Tax: | | |
Profit(or loss) for the financial year: | ( |
As at
Notes | 13 months to 31 March 2023 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Intangible assets: | | ||
Tangible assets: | 3 | | |
Investments: | | ||
Total fixed assets: | | ||
Current assets | |||
Stocks: | 4 | | |
Debtors: | | ||
Cash at bank and in hand: | | ||
Investments: | | ||
Total current assets: | | ||
Prepayments and accrued income: | | ||
Creditors: amounts falling due within one year: | 5 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Creditors: amounts falling due after more than one year: | 6 | ( | |
Provision for liabilities: | | ||
Accruals and deferred income: | ( | ||
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 March 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 March 2023
13 months to 31 March 2023 | ||
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Average number of employees during the period | |
for the Period Ended 31 March 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 March 2023 | | | | |||
Depreciation | ||||||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 March 2023 | | | | |||
Net book value | ||||||
At 31 March 2023 | | | |
for the Period Ended 31 March 2023
13 months to 31 March 2023 | ||
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£ | ||
Stocks | | |
Payments on account | | |
Total | |
for the Period Ended 31 March 2023
13 months to 31 March 2023 | ||
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£ | ||
Trade creditors | | |
Total | |
for the Period Ended 31 March 2023
13 months to 31 March 2023 | ||
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£ | ||
Other creditors | | |
Total | |
for the Period Ended 31 March 2023
Name of director receiving advance or credit: | |
Description of the transaction: | |
| |
£ | |
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Balance at | |
Advances or credits made: | |
Advances or credits repaid: | |
Balance at 31 March 2023 | |
The company runs a retail shop called Caerbladon and an art exhibition space in the centre of Malmesbury, with a particular emphasis on selling materials for artists and makers and artworks, prints and cards by local artists.Caerblaon also runs events, activities and works in partnership with other local cultural venues to deliver cultural projects in Malmesbury.The business started to operate in March 2022. During the financial year 2022-2023, the company's activities have benefited the community in the following waysWe have created a new destination store filling a gap in the market in MalmesburyWe have exhibited the works of 78 artists in 10 exhibitions across 5 venues We have developed partnerships with 9 local organisations We created 10 new activities and events
The company’s stakeholders are residents of and visitors to Malmesbury. and local artists in Malmesbury and in the surrounding area or North Wiltshire and South Cotswolds. The directors of the company have lived in Malmesbury for a number of years and developed the business model for the shop and gallery based on their experience of talking to residents and through consultation commencing May 2021 prior to starting the business. In December 2022 we formally consulted with stakeholders and sought feedback on our activities to date which enabled us to plan our programme for 2023 calendar year.We hold a visitors’ book in the gallery to receive feedback from audience and customers, and we request artist feedback after all activities. Partnerships have been developed enabling joint activities and projects and sharing resources, including with the library, Abbey and secondary school.
The total amount paid or receivable by directors in respect of qualifying services was £4,000.There 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.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
3 October 2023
And signed on behalf of the board by:
Name: David Drake
Status: Director