DA BASE COMMUNITY INTEREST COMPANY

Company Registration Number:
11350326 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

DA BASE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

DA BASE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The director shown below has held office during the whole of the period from
1 June 2022 to 31 May 2023

Nathanial Fothergill


The directors shown below have held office during the period of
17 July 2022 to 31 May 2023

Joel Cornelius
Linda Thomas


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
16 August 2023

And signed on behalf of the board by:
Name: Nathanial Fothergill
Status: Director

DA BASE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 19,763 15,423
Cost of sales: ( 9,446 ) ( 14,876 )
Gross profit(or loss): 10,317 547
Administrative expenses: ( 5,938 ) ( 5,150 )
Operating profit(or loss): 4,379 (4,603)
Profit(or loss) before tax: 4,379 (4,603)
Profit(or loss) for the financial year: 4,379 (4,603)

DA BASE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 440 660
Total fixed assets: 440 660
Current assets
Cash at bank and in hand: 2,127 572
Total current assets: 2,127 572
Net current assets (liabilities): 2,127 572
Total assets less current liabilities: 2,567 1,232
Creditors: amounts falling due after more than one year: 4 ( 1,959 ) ( 5,003 )
Total net assets (liabilities): 608 (3,771)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 607 (3,772 )
Total Shareholders' funds: 608 (3,771)

The notes form part of these financial statements

DA BASE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 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 16 August 2023
and signed on behalf of the board by:

Name: Nathanial Fothergill
Status: Director

The notes form part of these financial statements

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 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

    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.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation isprovided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful liveson the following bases:Computer Equipment Straight line 20%

    Other accounting policies

    Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expendituretowards which they are intended to contribute.Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account.Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 1,100 1,100
Additions
Disposals
Revaluations
Transfers
At 31 May 2023 1,100 1,100
Depreciation
At 1 June 2022 440 440
Charge for year 220 220
On disposals
Other adjustments
At 31 May 2023 660 660
Net book value
At 31 May 2023 440 440
At 31 May 2022 660 660

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 1,959 5,003
Total 1,959 5,003

COMMUNITY INTEREST ANNUAL REPORT

DA BASE COMMUNITY INTEREST COMPANY

Company Number: 11350326 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

The company continues to work with students and young people who are not in mainstream education providing alternative provision to support their growth and development. We also continue to provide affordable access for young people who want to progress within the creative industry. Our work has positively impacted the young people and community in the following ways:- Increased number of young people successfully completing their Arts Awards projects- Providing opportunities for young people to perform and showcase their work in a recognised platform.- Providing network opportunities- Da Base has provided part time employment for 1 local resident- Over 50 new young people have used our services with 99%* of them requesting for more activities* Evidence is from feedback reports and surveys completed at the end of a project

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Nathanial Fothergill
Status: Director