LITTLE SEEDS MUSIC CIC

Company limited by guarantee

Company Registration Number:
13099887 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

LITTLE SEEDS MUSIC CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

LITTLE SEEDS MUSIC CIC

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal activities of the company

The principal activity of the company continued to be that of performing arts and sound recording and music publishing.

Additional information

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.



Directors

The director shown below has held office during the whole of the period from
1 January 2022 to 31 December 2022

Ms Heloise Dimmock


The director shown below has held office during the period of
26 February 2022 to 31 December 2022

Mr David Gibb


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
18 September 2023

And signed on behalf of the board by:
Name: Mr David Gibb
Status: Director

LITTLE SEEDS MUSIC CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 46,550 19,593
Cost of sales: ( 38,142 ) ( 16,475 )
Gross profit(or loss): 8,408 3,118
Distribution costs: ( 618 )
Administrative expenses: ( 1,387 ) ( 3,026 )
Other operating income: 1,200
Operating profit(or loss): 6,403 1,292
Profit(or loss) before tax: 6,403 1,292
Tax: ( 1,216 ) ( 245 )
Profit(or loss) for the financial year: 5,187 1,047

LITTLE SEEDS MUSIC CIC

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Current assets
Stocks: 3 24
Debtors: 4 1,975 2,099
Cash at bank and in hand: 4,428 1,975
Total current assets: 6,427 4,074
Creditors: amounts falling due within one year: 5 ( 4 ) ( 3,027 )
Net current assets (liabilities): 6,423 1,047
Total assets less current liabilities: 6,423 1,047
Total net assets (liabilities): 6,423 1,047
Members' funds
Profit and loss account: 6,423 1,047
Total members' funds: 6,423 1,047

The notes form part of these financial statements

LITTLE SEEDS MUSIC CIC

Balance sheet statements

For the year ending 31 December 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.

This report was approved by the board of directors on 18 September 2023
and signed on behalf of the board by:

Name: Mr David Gibb
Status: Director

The notes form part of these financial statements

LITTLE SEEDS MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

    These financial statements have been prepared with the provisions applicable to companies subject to the small companies regime.

LITTLE SEEDS MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 2 1

LITTLE SEEDS MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Stocks

2022 2021
£ £
Stocks 24
Total 24

LITTLE SEEDS MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Debtors

2022 2021
£ £
Trade debtors 1,975 2,099
Total 1,975 2,099

LITTLE SEEDS MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 4 3,027
Total 4 3,027

COMMUNITY INTEREST ANNUAL REPORT

LITTLE SEEDS MUSIC CIC

Company Number: 13099887 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

Little Seeds Music specialise in inspiring young people and families through music and theatre.Little Seeds Music was established in 2015 with the mission to provide children and families with unforgettable, high quality musical experiences for all generations to enjoy and share together. Our work is supported and recognised by Arts Council England and we have created work in association with Half Moon Theatre, Z-arts, The Story Museum, and The Met (Bury).As well as producing theatrical touring work, we also coordinate engagement projects across the country with a focus on providing opportunities for young people to develop songwriting andcomposition skills.

Consultation with stakeholders

The company's stakeholders are children and family theatre goers and participative schools, libraries and other centres to provide inclusive experience for young persons of all backgrounds.We undertake specific music based sessions with school groups, theatre audiences and others to carry out research and development to ascertain their interests and identify where and how Little Seeds can engage with them. This has helped us to build up a profile of local consumers' needs andwhat we can do to meet them more effectively.

Directors' remuneration

The aggregate amount of emoluments, solely in the form of expenses paid to or receivable by directors in respect of qualifying services or activities for the CIC, was £2,968.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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 September 2023

And signed on behalf of the board by:
Name: Mr David Gibb
Status: Director