ARTYTIME COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11536641 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

ARTYTIME COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

ARTYTIME COMMUNITY INTEREST COMPANY

Directors' report period ended 31 August 2023

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

Principal activities of the company

Our principle objectives as a CIC are to involve as many people of all ages and abilities in some form of creative activity.

Additional information

We continue to work in partnership where possible so we can fulfil our mission. This means we have built relationships with other community groups, small, medium or large. Through these relationships we are helping members of the community set up their own community engagement projects. We are supporting them with knowledge, networks and coaching to enable them to thrive and be sustainable in their own right. We continue to offer pop up events to engage with children and families as fundraisers and name awareness. The Scrapstore has become so popular we are looking into having the building extended so we can increase our services to offer a dedicated space for arts andcrafts.



Directors

The directors shown below have held office during the whole of the period from
1 September 2022 to 31 August 2023

Beverley Pashley
Sonia Tolkien


The director shown below has held office during the period of
1 September 2022 to 18 May 2023

Lucielle Dawe


The director shown below has held office during the period of
18 May 2023 to 31 August 2023

Catherine Walters


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
30 November 2023

And signed on behalf of the board by:
Name: Beverley Pashley
Status: Director

ARTYTIME COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 10,582 8,170
Cost of sales: ( 4,840 ) ( 7,675 )
Gross profit(or loss): 5,742 495
Distribution costs: 0 0
Administrative expenses: ( 8,313 ) ( 5,197 )
Other operating income: 0 0
Operating profit(or loss): (2,571) (4,702)
Interest receivable and similar income: 70 3
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,501) (4,699)
Tax: 0 0
Profit(or loss) for the financial year: (2,501) (4,699)

ARTYTIME COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 37 144
Total fixed assets: 37 144
Current assets
Debtors: 4 851 677
Cash at bank and in hand: 40,037 17,500
Total current assets: 40,888 18,177
Creditors: amounts falling due within one year: 5 ( 38,142 ) ( 13,037 )
Net current assets (liabilities): 2,746 5,140
Total assets less current liabilities: 2,783 5,284
Total net assets (liabilities): 2,783 5,284
Members' funds
Profit and loss account: 2,783 5,284
Total members' funds: 2,783 5,284

The notes form part of these financial statements

ARTYTIME COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 August 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 30 November 2023
and signed on behalf of the board by:

Name: Sonia Tolkien
Status: Director

The notes form part of these financial statements

ARTYTIME COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 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

ARTYTIME COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ARTYTIME COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2022 621 621
Additions
Disposals
Revaluations
Transfers
At 31 August 2023 621 621
Depreciation
At 1 September 2022 477 477
Charge for year 107 107
On disposals
Other adjustments
At 31 August 2023 584 584
Net book value
At 31 August 2023 37 37
At 31 August 2022 144 144

ARTYTIME COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Debtors

2023 2022
£ £
Trade debtors 851 587
Prepayments and accrued income 0 90
Total 851 677

ARTYTIME COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 August 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 0 345
Accruals and deferred income 38,142 12,692
Total 38,142 13,037

COMMUNITY INTEREST ANNUAL REPORT

ARTYTIME COMMUNITY INTEREST COMPANY

Company Number: 11536641 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

We continue to work in partnership where possible so we can fulfil our mission. This means we have built relationships with other community groups, small, medium or large. Through these relationships we are helping members of the community set up their own community engagement projects. We are supporting them with knowledge, networks and coaching to enable them to thrive and be sustainable in their own right. We continue to offer pop up events to engage children and families, as fundraisers and name awareness. The Scrapstore has become so popular we are looking into having the building extended, so that we can increase our services to offer a dedicated space for arts and crafts.

Consultation with stakeholders

No consultation with 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
30 November 2023

And signed on behalf of the board by:
Name: Beverley Pashley
Status: Director