THE ORIGINAL SPINNERS CIC

Company limited by guarantee

Company Registration Number:
08476341 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

THE ORIGINAL SPINNERS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

THE ORIGINAL SPINNERS CIC

Directors' report period ended 30 April 2023

The directors present their report with the financial statements of the company for the period ended 30 April 2023

Directors

The directors shown below have held office during the whole of the period from
1 May 2022 to 30 April 2023

Bianca Lucia Ghirello Bertalot
Rachael Ann James
Jasmine Haidee Loveys
Rachael Walsh


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
11 October 2023

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

THE ORIGINAL SPINNERS CIC

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 45,660 35,510
Cost of sales: ( 862 )
Gross profit(or loss): 44,798 35,510
Administrative expenses: ( 47,669 ) ( 29,058 )
Operating profit(or loss): (2,871) 6,452
Profit(or loss) before tax: (2,871) 6,452
Profit(or loss) for the financial year: (2,871) 6,452

THE ORIGINAL SPINNERS CIC

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 133 266
Total fixed assets: 133 266
Current assets
Debtors: 4 2,445
Cash at bank and in hand: 9,926 14,178
Total current assets: 12,371 14,178
Creditors: amounts falling due within one year: 5 ( 11,000 ) ( 9,500 )
Net current assets (liabilities): 1,371 4,678
Total assets less current liabilities: 1,504 4,944
Accruals and deferred income: ( 3,221 ) ( 3,790 )
Total net assets (liabilities): (1,717) 1,154
Members' funds
Profit and loss account: (1,717) 1,154
Total members' funds: ( 1,717) 1,154

The notes form part of these financial statements

THE ORIGINAL SPINNERS CIC

Balance sheet statements

For the year ending 30 April 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 11 October 2023
and signed on behalf of the board by:

Name: Rachael Ann James
Status: Director

The notes form part of these financial statements

THE ORIGINAL SPINNERS CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates inorder to write off the assets over their estimated useful lives:Computer equipment 3 Years

    Other accounting policies

    Grants:Grants are recognised as deferred income on the balance sheet and then credited to other income when the expenditure is charged to profit and loss

THE ORIGINAL SPINNERS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE ORIGINAL SPINNERS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 399 399
Additions
Disposals
Revaluations
Transfers
At 30 April 2023 399 399
Depreciation
At 1 May 2022 133 133
Charge for year 133 133
On disposals
Other adjustments
At 30 April 2023 266 266
Net book value
At 30 April 2023 133 133
At 30 April 2022 266 266

THE ORIGINAL SPINNERS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2023 2022
£ £
Trade debtors 2,445
Total 2,445

THE ORIGINAL SPINNERS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,500
Other creditors 9,500 9,500
Total 11,000 9,500

COMMUNITY INTEREST ANNUAL REPORT

THE ORIGINAL SPINNERS CIC

Company Number: 08476341 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

During 2022/23 financial year we returned all our projects to face to face delivery and have continued to grow our reputation in the field of dance and health. During this year our work has gone from strength to strength and in particular our Dance for Dementia project is very successful, with increasing demand for the work. It has been wonderful to deliver the work with the addition of costumes and a trolley. We completed a short film about the work in October 2022. Our Dance for Parkinson's class returned to face to face in June and our Dance for Dementia project returned to Southmead Hospital in June 2022. In September 2022 we began delivery in Weston General Hospital and in January 2023 we began delivery at Bristol Royal Infirmary, this was made possible with additional funding from the BNSGG Ageing Well programme. The State of Trust Bridgewater care home project continued until the end of July, this was very successful with high numbers of participation. As part of the delivery Rachael James provided a detailed training plan for dance artists to understand ways of delivering work to older people in care home settings. Our ‘Spinning Misfits’ pilot continued monthly. We trialed a project at a supported living home in Central Bristol, engagement, access, and necessary support proved difficult, so we discontinued this. Our weekly Misfits classes continue to go well and our Dance for Parkinson’s session is well attended and successfully running at Coniston Community Centre. We have delivered further Enhanced Care training to medical staff at Southmead Hospital and are pleased with how well dance within the hospital environment is being received. Staff recognise the value of dance in helping the physical and mental wellbeing of the patients and staff often reflect that it makes them feel batter too. During 22/23, we have continued to raise the company profile, received further funding to support the continuation of our hospital-based work, engaged many new participants, started new projects, and further developed and delivered our ‘Dance for Dementia’ project and we are now engaging around 140 participants across all our sessions every week.

Consultation with stakeholders

The Company Stakeholders are performers, audiences who see and participate in our performance work, workshop participants and people who attend our regular classes/projects. We receive a lot of informal positive feedback from audiences who experience our work.Workshop/class participants are asked to give regular informal feedback in comments books and where appropriate to fill in evaluation forms at the end of our courses. Our response to the feedback that we receive is to allow it to inform the development and improvement of future areas of our work. We evaluate all our workshop sessions on a weekly basis. Members of the Company are regularly asked for feedback and ideas for development of future projects.

Directors' remuneration

No remuneration was received by the Directors of The Original Spinners CIC - Rachael James, Jasmine Loveys, Rachael Walsh & Bianca Bertalot for their roles as Directors.The directors do not receive any income for their roles as directors. We do however work as freelancers delivering the companies workshops, projects, and performances. The amounts of freelance income received by directors:Rachael James received £19,926.00 as freelance income planning and leading company workshops, projects, and performances. Rachael Walsh received £12,470.00 as freelance income delivering company workshops, projects, and performances. Jasmine Loveys received £120 as freelance income for project management.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
25 July 2023

And signed on behalf of the board by:
Name: Rachel James
Status: Director