for the Period Ended 31 March 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Directors
The director shown below has held office during the whole of the period from
1 April 2022 to 31 March 2023
The director shown below has held office during the period of
8 April 2022 to 31 March 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
2023 | 8 months to 31 March 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | ( |
Profit(or loss) before tax: | ( | ( |
Profit(or loss) for the financial year: | ( | ( |
As at
Notes | 2023 | 8 months to 31 March 2022 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
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 31 March 2023
Basis of measurement and preparation
for the Period Ended 31 March 2023
2023 | 8 months to 31 March 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2023
2023 | 8 months to 31 March 2022 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
North Street Gallery is a community interest company intended to benefit primarily local artists but also community groups who wish to make use of our space outside of gallery opening hours.During the course of the financial year we have enabled many artists to exhibit and sell their work. Many of them have never exhibited before, some have only exhibited on a few occasions. We have provided an environment where they can exhibit not only amongst other new and emerging artists but also alongside some more established artists. This has helped artists who are just starting their careers to establish themselves. It has given them experience of preparing and hanging work for exhibition, pricing their work and selling to the public. This hopefully helps many of them to find confidence in their work and to branch out and take their work further.In addition, through taking their share of stewarding in the gallery, artists have experienced interacting with customers which provides extremely valuable feedback. They also meet other artists leading to peer discussion of their work.We have also made the space available for local community groups including teaching of French and Spanish and a meditation group.
Our key stakeholders are the artists who we support. We have not undertaken any formal consultation with them. However we regularly encourage feedback from the artists and have taken many of their ideas on board regarding how we show work and run the gallery.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 January 2024
And signed on behalf of the board by:
Name: Jonathan Rolfe
Status: Director