SWEET CIRCUS CIC

Company limited by guarantee

Company Registration Number:
12197473 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

SWEET CIRCUS CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SWEET CIRCUS CIC

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,201 3,766
Investments:   0 0
Total fixed assets: 3,201 3,766
Current assets
Cash at bank and in hand: 15,121 13,867
Total current assets: 15,121 13,867
Net current assets (liabilities): 15,121 13,867
Total assets less current liabilities: 18,322 17,633
Total net assets (liabilities): 18,322 17,633
Members' funds
Profit and loss account: 18,322 17,633
Total members' funds: 18,322 17,633

The notes form part of these financial statements

SWEET CIRCUS CIC

Balance sheet statements

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

Name: Miz Wells
Status: Director

The notes form part of these financial statements

SWEET CIRCUS CIC

Notes to the Financial Statements

for the Period Ended 30 September 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 of discounts and valueadded taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.Turnover is reduced for estimated customer returns, rebates and other similar allowances.Sale of goodsTurnover from the sale of goods is recognised when the significant risks and rewards of ownership of thegoods has transferred to the buyer. This is usually at the point that the customer has signed for the deliveryof the goods.Rendering of servicesTurnover from the rendering of services is recognised by reference to the stage of completion of the contract.The stage of completion of a contract is measured by comparing the costs incurred for work performed todate to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenseswhen the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    1.3. Tangible Fixed Assets and DepreciationTangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairmentlosses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less theirestimated residual value, over their expected useful lives on the following bases:Fixtures & Fittings 15%RB

    Other accounting policies

    1.4. Government GrantGovernment grants are recognised in the income and expenditure account in an appropriate manner thatmatches them with the expenditure towards which they are intended to contribute.Grants for immediate financial support or to cover costs already incurred are recognised immediately in theincome and expenditure account. Grants towards general activities of the entity over a specific period arerecognised in the income and expenditure account over that period.Grants towards fixed assets are recognised over the expected useful lives of the related assets and aretreated as deferred income and released to the income and expenditure account over the useful life of theasset concerned.All grants in the income and expenditure account are recognised when all conditions for receipt have beencomplied with.

SWEET CIRCUS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SWEET CIRCUS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 5,437 5,437
Additions
Disposals
Revaluations
Transfers
At 30 September 2023 5,437 5,437
Depreciation
At 1 October 2022 1,671 1,671
Charge for year 565 565
On disposals
Other adjustments
At 30 September 2023 2,236 2,236
Net book value
At 30 September 2023 3,201 3,201
At 30 September 2022 3,766 3,766

COMMUNITY INTEREST ANNUAL REPORT

SWEET CIRCUS CIC

Company Number: 12197473 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

Sweet Circus is a non-profit organisation based in Eastbourne. We believe passionately that circus is for Every Body and strive to be as inclusive as possible. Our mission is to improve the physical, mental and social health of the community through engagement in circus and play.We undertook an independent impact review to assess our impact on the community.It showed we are successful in our aims with 86% of participants stating that they made friends at Sweet Circus, 83% believing they had become more confident and 92% saying they are more physically active since joining us.93% of our current participants come from low-income households, 38% have long-term health or mental health conditions, and 36% have a disability or learning difference.In partnership with the Devonshire West Big Local we delivered circus play in the park 3 days a week throughout the summer reaching new beneficiaries and our HAF provision, funded by East Sussex County Council remains consistently oversubscribed.We are currently running 6 weekly sessions for adults, 6 weekly sessions for children and young people and a monthly SEND youth group. Thanks to funding from Youth UK and the Pears foundation we have been able to recruit a youth counsellor to attend our youth circus and support session which is having an impact on the mental health of these participants.We still desperately need further funding in order to establish a venue or base of our own and develop other services such as teacher training to other organisations and online access to our services.

Consultation with stakeholders

Stake holders include participants and their families, other local community groups, and the community at large. 93% of our current participants come from low-income households, 38% have long-term health or mental health conditions, and 36% have a disability or learning difference.In addition to an open door policy for informal feedback and regular developmental discussion with stake holders we commissioned an independent impact study which was very positive. The report can be found on our website.

Directors' remuneration

No renumeration has been received for the duties of directing the company, however some of our directors are also instructors and they are paid as such (often at discounted rates!).

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Miz Wells
Status: Director