for the Period Ended 28 February 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 28 February 2023
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 March 2022 to 28 February 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
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | ( | ( |
Distribution costs: | ( | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | ( | |
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 28 February 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 28 February 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 March 2022 | | | ||||
Additions | | | ||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 February 2023 | | | ||||
Depreciation | ||||||
At 1 March 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 28 February 2023 | | | ||||
Net book value | ||||||
At 28 February 2023 | | | ||||
At 28 February 2022 | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Other creditors | | |
Total | | |
The company continues archiving the collection and creation of records for archive in audio, video and other media of different diasporic communties in the UK. These collections are for libraries and and other venues as well as for the creation of artworks. We hold one of the largest vinyl collections of South Asian music in the UK.This year, True Form Projects CIC has been fulfilling its obligations to archive and exhibit parts of a rare record colelction and engaging communiities in the collection of oral histories and showing archive of the premisies and organiastion that housed the collection. We have also been working with over 6 other partners, including universities and museum in exhibting the work and developing new projects. The company is still developing a number of applications and is hopeful for success. A number of new partners including The South Bank Centre, Manchester Museum, local smaller coimmunitiy organisations such as Mosely Road Baths, Mosely School of Art, Print works and The Gap based in Balsall Heath where the collection originates togetehr with numerous workshops and trainign on Oral History and collage.
The company has a new employee working as Project Manager and the Director taking up partial development role of the company overseeing a 3 year development plan. The company still has a small professional steering group comprising of different professionals including a university lecturer, heritage and copyright manager, a writer and equalities consultant, and director of a film festival. We are actively looking for new advisory board member as the CCI moves into different ventures and partnerships in education and arts and heritage. The CIC has managed to be shortlisted for a national award as well as being covered by a number of TV stations and Newspapers with its work. The partnerships continue to grow with an additional project with Birmingham University and Birmingham Museum and Art Gallery.
The total fees paid to or recievable to a director in respect of project management and any other services required by the CIC was £20004.There were no other transactions or arrangements in connection with the renumeration of Directors, or compensation for any other voluntary services to the company, which require disclosure.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 November 2023
And signed on behalf of the board by:
Name: Faisal Hussain
Status: Director