ART AND SOUL TRIBE CIC

Company limited by guarantee

Company Registration Number:
10462046 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2022

Period of accounts

Start date: 1 December 2021

End date: 30 November 2022

ART AND SOUL TRIBE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2022

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ART AND SOUL TRIBE CIC

Balance sheet

As at 30 November 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 2,595 2,657
Total fixed assets: 2,595 2,657
Current assets
Debtors: 4 3,374
Cash at bank and in hand: 198 14,010
Total current assets: 3,572 14,010
Creditors: amounts falling due within one year: 5 ( 6,119 ) ( 16,619 )
Net current assets (liabilities): (2,547) (2,609)
Total assets less current liabilities: 48 48
Total net assets (liabilities): 48 48
Members' funds
Profit and loss account: 48 48
Total members' funds: 48 48

The notes form part of these financial statements

ART AND SOUL TRIBE CIC

Balance sheet statements

For the year ending 30 November 2022 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 August 2023
and signed on behalf of the board by:

Name: J Bellis
Status: Director

The notes form part of these financial statements

ART AND SOUL TRIBE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases.Motor Vehicles 25percent RBMFixtures & Fittings 15percent RBMComputer Equipment 33percent SLM

ART AND SOUL TRIBE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 3 3

ART AND SOUL TRIBE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2021 3,160 913 0 4,073
Additions 780 780
Disposals
Revaluations
Transfers
At 30 November 2022 3,160 913 780 4,853
Depreciation
At 1 December 2021 877 539 0 1,416
Charge for year 342 305 195 842
On disposals
Other adjustments
At 30 November 2022 1,219 844 195 2,258
Net book value
At 30 November 2022 1,941 69 585 2,595
At 30 November 2021 2,283 374 0 2,657

ART AND SOUL TRIBE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

4. Debtors

2022 2021
£ £
Other debtors 3,374
Total 3,374

ART AND SOUL TRIBE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Taxation and social security 1,679
Accruals and deferred income 267
Other creditors 4,173 16,619
Total 6,119 16,619

COMMUNITY INTEREST ANNUAL REPORT

ART AND SOUL TRIBE CIC

Company Number: 10462046 (England and Wales)

Year Ending: 30 November 2022

Company activities and impact

The principal activity of the company is that of public community events and shows, aimed at promoting anti-bullying, social inclusion, self esteem and diversity.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount receivable by directors in respect of qualifying services was £26,895.33.There were no other transactions or arrangements in connection with the remuneration of directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
9 August 2023

And signed on behalf of the board by:
Name: J Bellis
Status: Director