ART IN FLUX CIC

Company limited by guarantee

Company Registration Number:
13077484 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

ART IN FLUX CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ART IN FLUX CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 2,676 1,074
Total current assets: 2,676 1,074
Creditors: amounts falling due within one year: 3 ( 508 ) ( 220 )
Net current assets (liabilities): 2,168 854
Total assets less current liabilities: 2,168 854
Total net assets (liabilities): 2,168 854
Members' funds
Profit and loss account: 2,168 854
Total members' funds: 2,168 854

The notes form part of these financial statements

ART IN FLUX CIC

Balance sheet statements

For the year ending 31 December 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 4 February 2024
and signed on behalf of the board by:

Name: Oliver Gingrich
Status: Director

The notes form part of these financial statements

ART IN FLUX CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

ART IN FLUX CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ART IN FLUX CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 508 220
Total 508 220

COMMUNITY INTEREST ANNUAL REPORT

ART IN FLUX CIC

Company Number: 13077484 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Art in Flux C I C has fulfilled its public benefit in curating, and hosting several meetups for media artists with focus on support for media artists from underrepresented groups.Art in Flux C I C has organised Kimatica Studios commission for the Bletchley Part Light and Code Festival in Milton Keynes Art in Flux C I C has also supported educational activities including the MOVEMENT conference at University of Greenwich and University of the Arts London, which supports learning about professions in the creative industries for undergraduate students

Consultation with stakeholders

We are hosting regular events with our stakeholders - social meetups and consult with them through surveys, as well as one on one conversations. Stakeholders - the Art in Flux Artists community - has been informed of recent changes such as the reduction of the Directors team with Aphra Shemza leaving the CIC.

Directors' remuneration

600.- each

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 February 2024

And signed on behalf of the board by:
Name: Oliver Gingrich
Status: Director