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 directors shown below have held office during the period of
1 March 2022 to 1 December 2022
The director shown below has held office during the period of
1 March 2022 to 20 April 2022
The directors shown below have held office during the period of
1 March 2022 to 21 March 2022
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): | | ( |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | | ( |
Tax: | ( | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Provision for 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
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
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 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 28 February 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
Haarlem Artspace champions rural contemporary art through providing affordable, high quality workspace for creative practitioners, and putting on public exhibitions in its town gallery located in the Red Lion Hotel in the centre of Wirksworth. Haarlem Artspace attracts broad audiences to the historic town of Wirksworth with its artistic programme of workshops, talks and events. The CIC began trading in May 2017 but ran into financial difficulties in the summer of 2022 with the serving of a demand for Business Rates from Derbyshire Dales District Council. The decision was taken by the board of Directors to enter into liquidation whilst trying to preserve the studio spaces by approaching another organisation to take over the lease. During the handover and initial stages of liquidation, an error in the valuation of the property was identified which reduced in a significantly rescued rates demand. Having lost a number of tenants in the interim, redress was sought in view of the error from the Valuation Office. During this period Haarlem Artspace CIC continued to trade and agreed a repayment schedule as an act of goodwill until the matter was resolved.This was we have been able to continue to support over 30 artists and makers with affordable creative studio spaces as well as champion contemporary art within our region,
Our core stakeholders are the artists and creative practitioners who have studio spaces at Haarlem Artspace. They have been kept fully informed as to the financial position of the CIC through meetings and newsletters and decision have been made after consultation.As an example, to help manage our costs and ensure everyone is aware of energy use, the studios holders developed a simple visual aid on each floor so everyone is aware if the heating is on, which has in turn helped minimise our energy bills.During this period, no exhibitions have been held.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 November 2023
And signed on behalf of the board by:
Name: P. Carr
Status: Director