for the Period Ended 31 March 2023
Company Information - 3 | |
Report of the Directors - 4 | |
Profit and Loss Account - 5 | |
Balance sheet - 6 | |
Additional notes - 8 | |
Balance sheet notes - 11 |
for the Period Ended 31 March 2023
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Registered office: |
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The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal Activities
Company policy on the employment of disabled persons
Additional information
StudioFV is a purpose-driven business and all proceeds go towards our mission: combatting social isolation and working with long-term unemployed people & those facing barriers to work. StudioFV is one of the longest standing, well established social enterprises in Renfrewshire and a key player in the RenSen social enterprise network. Working closely with the Engage Renfrewshire network to promote members’ activity through multimedia and marketing and giving support to local community organisations. Engage Renfrewshire supports StudioFV with many aspects of running the company through identifying and referring volunteers, helping with management and board development and honing organisational policies. We have a long track record of managing volunteers in house and have all relevant policies, procedures, insurance and paperwork to facilitate and support volunteer appointment though our apprenticeship model, providing volunteers with a wealth of experience, CV & portfolio development, training and identifying future pathways for employment. StudioFV Board - The StudioFV board are all unpaid volunteers, with a wealth of experience in the third sector, cultural practices, employability and implementation of business development plans in both the organisations they work for and StudioFV itself. We are currently a Ltd Company, moving towards SCIO status and are being supported by Engage Renfrewshire throughout this process. Moving towards SCIO status opens more opportunities for support and funding towards employability, sustainability and third sector organisations being able to access our services at an affordable rate. The uploaded Constitution with this application is one that has been adopted by the board and is now the Constitution that we operate under. This has gone to OSCR along with our application to become a SCIO, which is in motion. This year we have worked with a variety of social enterprises, charities, third sector bodies, public and private sector companies to deliver film, photography, digital media, volunteering opportunities and training. We have delivered training and work experience to 12 long term unemployed people who face barriers to work.
Directors
The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
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 31 March 2023
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Turnover |
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Cost of sales |
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Gross Profit or (Loss) |
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Income from coronavirus (COVID-19) business support grants | - | 0 | |
Administrative Expenses |
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Operating Profit or (Loss) |
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Interest Receivable and Similar Income | - |
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Interest Payable and Similar Charges | - |
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Profit or (Loss) Before Tax |
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Tax on Profit | - |
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Profit or (Loss) for Period |
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The notes form part of these financial statements
As at
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Fixed assets | |||
Total fixed assets: | - | - | |
Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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The notes form part of these financial statements
As at 31 March 2023
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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
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Shareholders funds: |
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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 31 March 2023
Basis of measurement and preparation
for the Period Ended 31 March 2023
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Average number of employees during the period |
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for the Period Ended 31 March 2023
for the Period Ended 31 March 2023
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Trade debtors |
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Total |
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for the Period Ended 31 March 2023
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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