ARTISTS COMMUNITY SUPPORT GROUP CIC

Company Registration Number:
12568299 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

ARTISTS COMMUNITY SUPPORT GROUP CIC

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

ARTISTS COMMUNITY SUPPORT GROUP CIC

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 4,441 2,710
Cost of sales: ( 920 ) ( 1,155 )
Gross profit(or loss): 3,521 1,555
Administrative expenses: ( 21,650 ) ( 27,501 )
Other operating income: 0 7,302
Operating profit(or loss): (18,129) (18,644)
Profit(or loss) before tax: (18,129) (18,644)
Profit(or loss) for the financial year: (18,129) (18,644)

ARTISTS COMMUNITY SUPPORT GROUP CIC

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 12,657 13,142
Total fixed assets: 12,657 13,142
Current assets
Cash at bank and in hand: 396 3,244
Total current assets: 396 3,244
Prepayments and accrued income: 2,250 2,250
Creditors: amounts falling due within one year: 4 ( 25,015 ) ( 10,219 )
Net current assets (liabilities): (22,369) (4,725)
Total assets less current liabilities: (9,712) 8,417
Total net assets (liabilities): (9,712) 8,417
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (9,713 ) 8,416
Total Shareholders' funds: ( 9,712 ) 8,417

The notes form part of these financial statements

ARTISTS COMMUNITY SUPPORT GROUP CIC

Balance sheet statements

For the year ending 30 April 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 5 February 2024
and signed on behalf of the board by:

Name: David Mark Morley
Status: Director

The notes form part of these financial statements

ARTISTS COMMUNITY SUPPORT GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

ARTISTS COMMUNITY SUPPORT GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

ARTISTS COMMUNITY SUPPORT GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 23,069 0 23,069
Additions 3,500 3,500
Disposals
Revaluations
Transfers
At 30 April 2023 23,069 3,500 26,569
Depreciation
At 1 May 2022 9,927 0 9,927
Charge for year 3,285 700 3,985
On disposals
Other adjustments
At 30 April 2023 13,212 700 13,912
Net book value
At 30 April 2023 9,857 2,800 12,657
At 30 April 2022 13,142 0 13,142

ARTISTS COMMUNITY SUPPORT GROUP CIC

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 2,356
Accruals and deferred income 480 1,077
Other creditors 24,535 6,786
Total 25,015 10,219

COMMUNITY INTEREST ANNUAL REPORT

ARTISTS COMMUNITY SUPPORT GROUP CIC

Company Number: 12568299 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The company has set up the facilities to fulfil online orders of printed artwork which will be of financial benefit to the artist as well as their chosen charity. While the company awaits a fully working online ordering system it has been working with charities and artists printing bulk orders.

Consultation with stakeholders

The stakeholders are the artists and their chosen charities. The artists have been consulted on the printing process and website design as well as the payment structure. There has been no consultation with the artists chosen charities as they have not yet been identified. We have been working with various charities printing bulk orders and have received positive feedback on working with them fulfilling online orders once the systems are in place.

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
5 February 2024

And signed on behalf of the board by:
Name: David Mark Morley
Status: Director