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 directors shown below have 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): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
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: | | | |
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
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 | | |
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 | | |
The company runs sewing and creative classes in the London Borough of Lewisham. The primary aim of Make Mee Studio CIC is to make sewing and creativity as accessible, inclusive, and as environmentally and socially beneficial as possible.At Make Mee Studio CIC, we ran a number of projects and worked on initiatives that have benefited the community in the financial year ending 28 February 2023. (1) The CIC continued working on its Art’s Council England funded project (‘The Social Fabric’), coinciding with Lewisham being the London Borough of Culture 2022. (1a) This project was made by and for the people of Lewisham, documenting the thoughts and feelings of what it means to be a Lewisham resident in 2022. (1b) The project was worked on by more than 40 local residents over a 9 month period. In line with this, the CIC ran 6 x 15 hour free courses, teaching a range of textiles skills. (1c) The artwork produced unlocked local voices who speak on the community, environment and culture. (1e) The courses culminated in an exhibition that was held in September 2022 at a local community cafe, where all the creators could meet each other. (2) The CIC used a proportion of the Arts Council Grant to offer subsidised or free places for members of the local community who could not afford the full £10 cost on our weekly ‘Sewcial’ sessions, where people could come and use our studio and equipment to work on their own sewing projects and meet other like-minded creators. (3) From April to July 2022, the CIC took over a disused shop in Lewisham Shopping Centre to create a free drop clothing repair station. Anyone could come in and learn how to mend their items. We helped mend over 200 items of clothing during the 12 week period. We also ran a series of children's workshops, a clothes swap diverting clothes from landfill and a sustainable makers market. This was funded by two grants from Lewisham Council totalling £4949. (4) The CIC delivered weekly workshops for the local Youth Centre (‘Youth First’) as part of their Young Londoners Funded Carnival Project. This produced over 40 creative sewing and textiles workshops. (5) The CIC worked with local council housing provider (‘Lewisham Homes') on 3 drop-in mending workshops for their residents. (6) The CIC provided 4 work experience placements for local school students.(7) Where possible, the CIC sourced materials for our workshops from local and sustainable sources, purchasing end of roll and remnant fabrics and receiving donations of materials.
The company’s stakeholders are the participants that attend our classes and courses. The CIC always use feedback and evaluations from our previous funded projects to inform future ideas. For example, feedback we received from our Arts Council funded project (‘The Social Fabric’) was that some found it stressful that their work was going to be exhibited.In response to this feedback, the CIC decided that the focus for the next funding bid should be to create a more flexible course structure, where the outcomes would not necessarily be exhibited, but each maker will follow their own self-directed course. We have successfully gained a grant from L&Q Foundation for a project like this starting in September 2023. We are also beginning this project with a series of drop-in information sessions. We will be using these to promote the free course we are offering, but also to gather information about what people would like to learn on the full course and use that to develop course structure. The CIC also has strong links with support organisations in the area. For example, we have worked with social prescribing networks such as ‘Community Connections’ and ‘Lewisham Migrant and Refugee Network’ to develop projects with the needs of the specific target audience. We take their advice on board for creating a safe and welcoming space for their service users to be able to attend. Additionally, the CIC regularly asks for feedback from our students on all of our courses and test new ideas with focus groups.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £52,976.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which are required to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
21 November 2023
And signed on behalf of the board by:
Name: Tracey Mee
Status: Director