for the Period Ended 28 February 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional 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
Directors
The directors shown below have held office during the whole of the period from
11 February 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
13 months to 28 February 2023 | ||
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| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Distribution costs: | | |
Administrative expenses: | ( | |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Profit(or loss) for the financial year: | ( |
As at
Notes | 13 months to 28 February 2023 | ||
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| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Accruals and deferred income: | ( | ||
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
for the Period Ended 28 February 2023
13 months to 28 February 2023 | ||
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Average number of employees during the period | |
Derelict Arts in 2022 produced two main events in the summer and autumn both with clear community engagement and participation. The first partnered with Preston’s Intact Centre, which has numerous supportive functions for the local community and stakeholders range across the ages, backgrounds and support needs, some with enduring mental health issues and learning disabilities. Derelict produced all the performance and film elements of Intact’s summer fair including a red carpet for the local community to enjoy their own ‘Hollywood minute of fame’. Derelict were paid by Intact’s ACE funding for the event and then paid the artists and others that we hired to run it and perform. The second event was a yearly collaboration that Derelict holds with Preston City Council and their ‘Lancashire Encounter’ event. Derelict held numerous performances and interactions with the public, ‘taking over’ a central street in Preston and hosting live art pieces in shops and the marketplace. The event featured many opportunities for local people and visitors in the city to get involved in each performance and chances to have their say on future events. Derelict were paid by Preston City Council’s funding for the event and then paid the artists and others that we hired to run it and perform. We also gave several undergraduate volunteers an opportunity to assist in the production of the event.Derelict directors were paid fees for their own production duties on both of these key events.
Derelict Arts makes and produces live art and performance in response to Preston residents and the core summer project was devised after a series of public consultations in and around the city including a major arts co-production project held for local residents and visitors in Preston’s bus station. We also re-engaged with many people we had previously worked with on our ‘art of the city’ project from before the pandemic to hear their views on what they would like to see happen in the city. The performances held also had direct engagement with local residents which were again, responded to in the next season of activity.
Details of renumeration for Philip Sykes and Chris Gilligan are in accounts provided. The costs are included within subcontractor costs and total £5105.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
11 February 2024
And signed on behalf of the board by:
Name: Philip Sykes
Status: Director