THE SOCIAL CINEMA LONDON CIC

Company Registration Number:
13407510 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

THE SOCIAL CINEMA LONDON CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

THE SOCIAL CINEMA LONDON CIC

Directors' report period ended 31 May 2023

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

Principal activities of the company

The company's principal activity during the year continued to be community film screenings.



Directors

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

ANNA PERES
BENEDICT W GOODWIN


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 December 2023

And signed on behalf of the board by:
Name: ANNA PERES
Status: Director

THE SOCIAL CINEMA LONDON CIC

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 2,335 4,489
Cost of sales: ( 1,761 ) ( 3,337 )
Gross profit(or loss): 574 1,152
Distribution costs: 0 0
Administrative expenses: ( 1,498 ) ( 1,305 )
Other operating income: 600 0
Operating profit(or loss): (324) (153)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (324) (153)
Tax: 0 0
Profit(or loss) for the financial year: (324) (153)

THE SOCIAL CINEMA LONDON CIC

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 89 747
Investments:   0 0
Total current assets: 89 747
Net current assets (liabilities): 89 747
Total assets less current liabilities: 89 747
Creditors: amounts falling due after more than one year: 3 ( 566 ) ( 900 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (477) (153)
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (478 ) (154 )
Total Shareholders' funds: ( 477 ) (153)

The notes form part of these financial statements

THE SOCIAL CINEMA LONDON CIC

Balance sheet statements

For the year ending 31 May 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 December 2023
and signed on behalf of the board by:

Name: ANNA PERES
Status: Director

The notes form part of these financial statements

THE SOCIAL CINEMA LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net ofdiscounts and value added taxes. Turnover includes revenue earned from the sale of goods andfrom the rendering of services. Turnover from the sale of goods is recognised when thesignificant risks and rewards of ownership of the goods have transferred to the buyer. Turnoverfrom the rendering of services is recognised by reference to the stage of completion of thecontract. The stage of completion of a contract is measured by comparing the costs incurred forwork performed to date to the total estimated contract costs.

    Other accounting policies

    CreditorsTaxationProvisions2 Employees 2023 2022Number NumberAverage number of persons employed by the company 0 03 Creditors: amounts falling due within one year 2023 2022£ £Short term creditors are measured at transaction price (which is usually the invoice price). Loansand other financial liabilities are initially recognised at transaction price net of any transactioncosts and subsequently measured at amortised cost determined using the effective interestmethod

THE SOCIAL CINEMA LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE SOCIAL CINEMA LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 566 900
Total 566 900

COMMUNITY INTEREST ANNUAL REPORT

THE SOCIAL CINEMA LONDON CIC

Company Number: 13407510 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

In the year ending on 31st May 2023 The Social Cinema has delivered a programme of screenings and events called FRAMEBURN dedicated to science fiction and the future ofclimate. The programme offered 4 screenings, one of which was dedicated to a selection of short films, with sci-fi films ;shorts and features from 5 continents and spanning different styles and cultures.The screenings were matched with different types of events, from a panel discussion and Q and A to a board game meet-up, an exhibition of art created by local youth group Blackhorse Responders and a tasting of edible insect canapes.The screenings were very well attended and received very positive feed back. Audiences seemed to respond very positively to the idea of addressing the climate emergency through the lenses of science fiction.All screenings were offered at very affordable cost with tickets at only 5 pounds, while the event part was always offered for free and open to all the customers of the events premises, Higham Hill Tap.This series of events involved a diverse local audience and was enriched by manycollaborations with different organisations;Blackhorse Responders and Yum Bug and individuals some of which were from our local community ; journalist Emilie Filou, researchers Angela YT Chan and Francis Gene-Rowe, graphic novelist Anna Mill.In February 2023 we offered two events for families called Impossible Collages, where weoffered a screening of short animated films and an art workshop. The events took place in Higham Hill and in Leytonstone and were offered for free.With these events we wanted to offer a selection of creative animation outside of the mainstream and an opportunity for families to stretch their creativity.The same formula was repeated in April 2023, as part of an event organised by the Barbican Centre called Leytonstone Loves Film Saturday Cinema.On that occasion we screened the same programme of short animated films and offered two different art workshops, one for the 3 to 7 age bracket and one for 8 to 11 year olds.This event was also offered for free and received extremely positive feedback.

Consultation with stakeholders

The Social Cinema London CIC is striving to offer high quality events to our local community in Higham Hill and Walthamstow.We offer our events for free when possible or for very affordable prices.Our events have been well attended by the local community and also attract audiences from other parts of Waltham Forest.In 2023 we have made an effort to organise more family oriented events with our Impossible Collages series. In 2022 we had organised screenings for families, but the fact that they were outdoor screenings meant that we needed to wait for the sunset to start the event and some families told us that that was too late for them. For this reason we switched to indoor events in winter, which made our events more accessible.We encouraged more feedback both at our Frameburn events and Impossible Collages screenings, which was very encouraging and useful.In 2022/23 we have collaborated with many local organisations, local groups, individuals and event spaces. Collaborators includes Blackhorse Responders, High Hill Tap/HackneyBrewery, Yum Bug, Higham Hill Hub, Good Shepherd Studios, journalist Emilie Filou, researchers Angela YT Chan and Francis Gene-Rowe, graphic novelist Anna Mill.Many of these collaborations have developed into long term working relationships which have continued through to the second half of the year and informed our following projects.

Directors' remuneration

Director Anna Peres was paid £600 in the year.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require disclosure.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 December 2023

And signed on behalf of the board by:
Name: Anna Peres
Status: Director