ART IN THE DOCKS CIC

Company limited by guarantee

Company Registration Number:
14149396 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 6 June 2022

End date: 30 June 2023

ART IN THE DOCKS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2023

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

ART IN THE DOCKS CIC

Directors' report period ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Directors

The directors shown below have held office during the period of
29 September 2022 to 30 June 2023

Neda Dana-Haeri
Phoenix Debola
Yuliya Krylova


The directors shown below have held office during the whole of the period from
6 June 2022 to 30 June 2023

Christopher Mike
Vincenzo Muratore


The director shown below has held office during the period of
6 June 2022 to 22 March 2023

Sarah Joan Lang


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
5 March 2024

And signed on behalf of the board by:
Name: Christopher Mike
Status: Director

ART IN THE DOCKS CIC

Profit And Loss Account

for the Period Ended 30 June 2023

13 months to 30 June 2023


£
Turnover: 36,850
Cost of sales: ( 10,326 )
Gross profit(or loss): 26,524
Administrative expenses: ( 26,015 )
Operating profit(or loss): 509
Profit(or loss) before tax: 509
Profit(or loss) for the financial year: 509

ART IN THE DOCKS CIC

Balance sheet

As at 30 June 2023

Notes 13 months to 30 June 2023


£
Fixed assets
Tangible assets: 3 475
Total fixed assets: 475
Current assets
Debtors: 4 3,885
Cash at bank and in hand: 24,427
Total current assets: 28,312
Creditors: amounts falling due within one year: 5 ( 28,278 )
Net current assets (liabilities): 34
Total assets less current liabilities: 509
Total net assets (liabilities): 509
Members' funds
Profit and loss account: 509
Total members' funds: 509

The notes form part of these financial statements

ART IN THE DOCKS CIC

Balance sheet statements

For the year ending 30 June 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 5 March 2024
and signed on behalf of the board by:

Name: Christopher Mike
Status: Director

The notes form part of these financial statements

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & machinery25% Reducing Balance

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees

    13 months to 30 June 2023
    Average number of employees during the period 1

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 600 600
Disposals
Revaluations
Transfers
At 30 June 2023 600 600
Depreciation
Charge for year 125 125
On disposals
Other adjustments
At 30 June 2023 125 125
Net book value
At 30 June 2023 475 475

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Debtors

13 months to 30 June 2023
£
Other debtors 3,885
Total 3,885

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2023

5. Creditors: amounts falling due within one year note

13 months to 30 June 2023
£
Accruals and deferred income 14,390
Other creditors 13,888
Total 28,278

COMMUNITY INTEREST ANNUAL REPORT

ART IN THE DOCKS CIC

Company Number: 14149396 (England and Wales)

Year Ending: 30 June 2023

Company activities and impact

From inception, we have been fully committed to the Mayor of London’s objective of making the Royal Docks area ‘the cultural engine of London’. We deliver this in a way that is free and open to all. We provide opportunities to access to art and cultural activity, at grass roots level in an area of London where engagement levels have been historically low. We work with the local com-munities, we support the local educational ecosystem, and we provide professional skills de-velopment and support to emerging artists. We have no core funding and rely totally on small amounts of project funding together with large amounts of unpaid volunteer support. We offer great value for money by delivering moments of meaningful cultural engagement at a small fraction of the average spend per capita. During the year,We delivered four major exhibitions free to everyone. We used some of these as the platform to engage local secondary school aged children in a new project designed to open young people’s minds to the work of opportunity in the creative sector. A personal note from the Head of Enrichment standards as testament to this, I spoke to many of the children as they returned today. They had huge smiles, slightly dirty hands, and so much to tell me about their day, what they did, who they met and why the enjoyed it. I know it will have opened their minds in terms of aspirations. Seeing successful professionals in the arts, in the area they live, enables them to imagine that for them-selves. We supported the University of East London with an after dark lantern parade and we helped local communities, including primary school aged children to make lanterns and the produc-tion of giant puppets.One of the major delivered outcomes in the year was the ‘What a Load of Rubbish’ exhibition and events programme. This involved a sustainability-oriented exhibition of highly original art-works combined with a full supporting program of artist led creative workshops and events targeting schools and family audiences. Together with the local communities and schools, we successfully co-created Newham’s larg-est ever public artwork in a 3-day project that involved more than 400 local residents and families in the heart of a community of over 3000 people. A particular highlight of the year was the engagement of an entire primary school of 350 children in activities themed to the environment, helping them to deliver orchestral and choral recitals overlooking the visual artworks they had created. As a consequence, each child re-ceived a Green Blue Peter Badge. With minimal external funding, and substantial volunteer support, we engaged 2,100 people, the vast majority of them children, teenagers and young people.

Consultation with stakeholders

Amongst our primary stakeholders are the local schools and communities with whom we work. We routinely consult community opinion in person, in post event evaluative processes, in specific closed social media platforms, and in public polls accessible by up to 22,000 people. During the course of the year we introduced a structured evaluation process to capture participant feedback at every stage of our project that has proven invaluable in terms of audience insight, also the ability to accurately report to our funding partners. Our second most influential stakeholders are our funding partners. We have used every opportunity to ensure that we engage with these key stakeholders during the process of each project rollout.

Directors' remuneration

The total amount paid or receivable by directors in respect of director-related services was £6,396.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 March 2024

And signed on behalf of the board by:
Name: Christopher Mike
Status: Director