THE NARRATORS LENS CIC

Company limited by guarantee

Company Registration Number:
13948827 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 2 March 2022

End date: 31 March 2023

THE NARRATORS LENS CIC

Contents of the Financial Statements

for the Period Ended 31 March 2023

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

THE NARRATORS LENS CIC

Directors' report period ended 31 March 2023

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

Directors

The directors shown below have held office during the whole of the period from
2 March 2022 to 31 March 2023

Christopher Hall
Sarah Greene
Reuben Alexander


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
26 November 2023

And signed on behalf of the board by:
Name: Christopher Hall
Status: Director

THE NARRATORS LENS CIC

Profit And Loss Account

for the Period Ended 31 March 2023

13 months to 31 March 2023


£
Turnover: 1,675
Cost of sales: ( 520 )
Gross profit(or loss): 1,155
Administrative expenses: ( 1,146 )
Operating profit(or loss): 9
Profit(or loss) before tax: 9
Profit(or loss) for the financial year: 9

THE NARRATORS LENS CIC

Balance sheet

As at 31 March 2023

Notes 13 months to 31 March 2023


£
Fixed assets
Tangible assets: 3 429
Total fixed assets: 429
Current assets
Cash at bank and in hand: 9,903
Total current assets: 9,903
Creditors: amounts falling due within one year: 4 ( 10,313 )
Net current assets (liabilities): (410)
Total assets less current liabilities: 19
Creditors: amounts falling due after more than one year: 5 ( 10 )
Total net assets (liabilities): 9
Members' funds
Profit and loss account: 9
Total members' funds: 9

The notes form part of these financial statements

THE NARRATORS LENS CIC

Balance sheet statements

For the year ending 31 March 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 26 November 2023
and signed on behalf of the board by:

Name: Christopher Hall
Status: Director

The notes form part of these financial statements

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates inorder to write off the assets over their estimated useful lives: Plant & machinery - Straight line over 3 years

    Other accounting policies

    Basis of preparationThe accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.Presentation currencyThe accounts are presented in £ sterling.

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    13 months to 31 March 2023
    Average number of employees during the period 0

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 644 644
Disposals
Revaluations
Transfers
At 31 March 2023 644 644
Depreciation
Charge for year 215 215
On disposals
Other adjustments
At 31 March 2023 215 215
Net book value
At 31 March 2023 429 429

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Creditors: amounts falling due within one year note

13 months to 31 March 2023
£
Accruals and deferred income 10,313
Total 10,313

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

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

13 months to 31 March 2023
£
Other creditors 10
Total 10

Loans from directors

THE NARRATORS LENS CIC

Notes to the Financial Statements

for the Period Ended 31 March 2023

6. Loans to directors

Name of director receiving advance or credit: Christopher Hall
Description of the transaction:
Capital introduced to company
£
Balance at
Advances or credits made: 10
Advances or credits repaid:
Balance at 31 March 2023 10

COMMUNITY INTEREST ANNUAL REPORT

THE NARRATORS LENS CIC

Company Number: 13948827 (England and Wales)

Year Ending: 31 March 2023

Company activities and impact

We have had an impactful year, focusing on empowering individuals facing diversity, disability, and poverty through the medium of photography. Throughout the financial year, we successfully conducted 9 projects, resulting in 5 exhibitions and 2 publications.One of the key highlights was our commitment to using photography as a tool for positive change. Our collaboration with project partners, offering workshops and exhibitions to marginalized individuals. These initiatives provided opportunities for self-expression and helped participants overcome challenges, ultimately contributing to building a brighter future.Notably, our activities had a tangible impact on the community. A significant 71% of individuals involved in the projects are expected to use photography in the future, showcasing the lasting effect of our efforts. Additionally, 19% have taken up photography as a hobby, indicating a newfound passion and skill development.Moreover, our work has not only been about artistic expression but has also translated into practical benefits. Around 14% of participants have either been offered employment or are actively seeking employment, and 38% plan to use photography to enhance their employment prospects. This demonstrates our commitment to creating opportunities for individuals facing challenges.In summary, the financial year was marked by our dedication to transforming lives through photography. Our activities not only enriched the artistic and creative skills of participants but also had a positive and measurable impact on their lives, contributing to our vision of creating a more inclusive and empathetic society.

Consultation with stakeholders

We recognise and value our stakeholders, primarily consisting of project partners and collaborating organisations. These stakeholders play a crucial role in shaping the direction and impact of our initiatives.We maintain a consultative approach with our stakeholders, particularly before each project. This involves actively seeking input and feedback from the organisations we work with. By engaging in consultations, we ensure alignment with the goals and ethos of these partner organisations. This collaborative process is essential to tailor the projects to meet the specific needs and expectations of the stakeholders.The feedback received from these consultations is not only acknowledged but also influences the actions we take. This reflects our commitment to responsiveness and adaptability. We aim to incorporate the insights and preferences of our stakeholders, ensuring that the projects are not only artistically meaningful but also aligned with the broader goals and values of the collaborating organisations.In summary, we actively engage in consultations with our stakeholders, particularly project partners and collaborating organisations. This consultative approach helps in shaping the projects, ensuring they are in harmony with the ethos of the involved organisations. Our responsiveness to feedback underscores our commitment to a collaborative and impactful relationship with our 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
26 November 2023

And signed on behalf of the board by:
Name: Christopher Hall
Status: Director