ART RIOT COLLECTIVE C.I.C.

Company limited by guarantee

Company Registration Number:
13907930 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

ART RIOT COLLECTIVE C.I.C.

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

ART RIOT COLLECTIVE C.I.C.

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Directors

The director shown below has held office during the whole of the period from
1 March 2023 to 29 February 2024

Kyla Anna Craig


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
11 April 2024

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

ART RIOT COLLECTIVE C.I.C.

Profit And Loss Account

for the Period Ended 29 February 2024

2024 13 months to 28 February 2023


£

£
Turnover: 94,465 29,091
Cost of sales: ( 9,447 ) ( 2,047 )
Gross profit(or loss): 85,018 27,044
Administrative expenses: ( 83,107 ) ( 46,903 )
Operating profit(or loss): 1,911 (19,859)
Profit(or loss) before tax: 1,911 (19,859)
Profit(or loss) for the financial year: 1,911 (19,859)

ART RIOT COLLECTIVE C.I.C.

Balance sheet

As at 29 February 2024

Notes 2024 13 months to 28 February 2023


£

£
Fixed assets
Tangible assets: 3 5,844 2,106
Total fixed assets: 5,844 2,106
Current assets
Cash at bank and in hand: 29,335 456
Total current assets: 29,335 456
Prepayments and accrued income: 1,421 52
Creditors: amounts falling due within one year: 4 ( 42,372 ) ( 8,800 )
Net current assets (liabilities): (11,616) (8,292)
Total assets less current liabilities: (5,772) ( 6,186)
Creditors: amounts falling due after more than one year: 5 ( 12,176 ) ( 13,673 )
Total net assets (liabilities): (17,948) (19,859)
Members' funds
Profit and loss account: (17,948) ( 19,859)
Total members' funds: ( 17,948) (19,859)

The notes form part of these financial statements

ART RIOT COLLECTIVE C.I.C.

Balance sheet statements

For the year ending 29 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 11 April 2024
and signed on behalf of the board by:

Name: Kyla Anna Craig
Status: Director

The notes form part of these financial statements

ART RIOT COLLECTIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 29 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates- 3 or 10 years as deemed appropriate.

ART RIOT COLLECTIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 13 months to 28 February 2023
    Average number of employees during the period 0 0

ART RIOT COLLECTIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 2,969 2,969
Additions 4,734 4,734
Disposals
Revaluations
Transfers
At 29 February 2024 7,703 7,703
Depreciation
At 1 March 2023 863 863
Charge for year 996 996
On disposals
Other adjustments
At 29 February 2024 1,859 1,859
Net book value
At 29 February 2024 5,844 5,844
At 28 February 2023 2,106 2,106

ART RIOT COLLECTIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

2024 13 months to 28 February 2023
£ £
Accruals and deferred income 38,727 6,544
Other creditors 3,645 2,256
Total 42,372 8,800

ART RIOT COLLECTIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 29 February 2024

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

2024 13 months to 28 February 2023
£ £
Other creditors 12,176 13,673
Total 12,176 13,673

COMMUNITY INTEREST ANNUAL REPORT

ART RIOT COLLECTIVE C.I.C.

Company Number: 13907930 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

Arts Riot Collective’s mission is to develop a community of Disabled and Neurodiverse Artists and sup-porters, providing access to high quality creative practice, connections and cultural spaces, which:-Creates opportunities for connections through creative practice and cultural activity-Develops inclusive creative practice through high quality programmes and skill development-Embraces the unique skills of our creative practitionersSeeks ambitious opportunities for people within the creative and cultural sector-Reduces inequality by advocating for better support for our artists and supporters-Operates in local and national spaces to increase the visibility of the collective-Enables artists to develop their own personal, social and political practice-Intersects with supporters and professionals to enable the active participation and effective support of membersArt Riots Collective values are:-Everyone should have the choice to be creative and be able to express themselves creatively.-Arts as a profession should be an option for everyone and all artist’s should be seen and valued for work produced-Creativity is communication and peoples creativity can come in many forms, we want to offer a space that enables and promotes this-Treat all people equally and recognise that people suffer great inequalities and work (in partner-ship) towards changing thisThe company’s activities will provide benefit to:-Children, young people and adults who may be disabled. Artists and or/ disabled people who want to participate in the creative arts and/ or neurodiverse artists and/ or neurodiverse people who want to participate in the creative arts.-Their supporters, families, carers and/ or professions working with the person.-The general public viewing art work at exhibitions of events.-Children, young people and adults who may be disabled. Artists and or/ disabled people who want to participate in the creative arts and/ or neurodiverse artists and/ or neurodiverse people who want to participate in the creative arts.-Their supporters, families, carers and/ or professions working with the person.-The general public viewing art work at exhibitions of events.The activities will benefit Disable and neurodiverse children, young people and adult artists by:-Increased exposer to the cultural sector-Development of creativity, motivation and an inspiration which will benefit creative practice.-Offering people an opportunity to be heard, giving the person a voice in the creative sector.-Increased networking opportunities locally nationally and internationally -Opportunity to be able to communicate and express themselves personally, socially and politically.-Helping disabled and neurodiverse people be recognised as practicing artists and valued for work produced.-Increased knowledge around creative arts, development of learning and sharing of creative practice.-Increase opportunity for employability within the arts sector-People recognised as practicing artists and valued for work produced locally and nationally-Opportunity to exhibit work individually and collaboratively-Opportunity to people improve lives through better though advocacy, support, training and visibility-Improved health and wellbeing through participating in the creative arts-Reducing loneliness and isolation through connecting and networking

Consultation with stakeholders

Our stakeholders are the local community who participate in our activities, the support agencies who work with the local communities and also the creatives/artists that we engage with to facilitate with community work we do. Our work is person centred and bespoke and so all work we do is in response to consultation with our stakeholders as we collaborate to create work that is meaningful to all involved.

Directors' remuneration

During the year the director received £31,207 in freelance management fees for work undertaken on behalf of the company.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 April 2024

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