MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
14688276 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 24 February 2023

End date: 28 February 2024

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2024

2024


£
Turnover: 2,849
Cost of sales: ( 3,220 )
Gross profit(or loss): (371)
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): (371)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (371)
Tax: 0
Profit(or loss) for the financial year: (371)

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 2024 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 12 March 2024
and signed on behalf of the board by:

Name: George Busby
Status: Director

The notes form part of these financial statements

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 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

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

MIDWEST RECORDS COMMUNITY INTEREST COMPANY

Company Number: 14688276 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

- Created a series of guitar tutorial videos ready for release alongside 'The Guitar Man' for a total budget of £200-Produced 5 songs for 'Magical World of Stories' and working on creating a music box to distribute these free of charge-Recorded and worked with local artists to help promote and produce their music;Jake Byrne (Recorded Times Like This and aided on promo run)Arthur And The Invincibles (filmed music video for 'The Bandit' and offered free consultation on how to distribute through digital platforms)R!OT + Brudez (Recorded 2 songs and offered free studio time to rehearse DJ sets)Future Frequecies (Assisted in setting up regular Youtube streams by directing draft runs and consulting on video set up + data processing and video editingorganised but unable to complete: collaboration album which was planned to demonstrate local talent, unfortunately legal issues and finance costs held this backAttempted and failed an event based in the All Saints Church which was found to be too difficult for me to manage on my own

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: George Busby
Status: Director