BACCANALIA FOR CULTURE CIC

Company limited by guarantee

Company Registration Number:
14689608 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 27 February 2023

End date: 29 February 2024

BACCANALIA FOR CULTURE CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

BACCANALIA FOR CULTURE CIC

Balance sheet

As at 29 February 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 1,342
Total fixed assets: 1,342
Current assets
Debtors: 4 954
Cash at bank and in hand: 16,542
Total current assets: 17,496
Creditors: amounts falling due within one year: 5 ( 9,182 )
Net current assets (liabilities): 8,314
Total assets less current liabilities: 9,656
Accruals and deferred income: ( 255 )
Total net assets (liabilities): 9,401
Members' funds
Profit and loss account: 9,401
Total members' funds: 9,401

The notes form part of these financial statements

BACCANALIA FOR CULTURE CIC

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.

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 4 April 2024
and signed on behalf of the board by:

Name: Thomas Wales
Status: Director

The notes form part of these financial statements

BACCANALIA FOR CULTURE CIC

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

BACCANALIA FOR CULTURE CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 30

BACCANALIA FOR CULTURE CIC

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 £ £ £ £ £ £
Additions 1,597 1,597
Disposals
Revaluations
Transfers
At 29 February 2024 1,597 1,597
Depreciation
Charge for year 255 255
On disposals
Other adjustments
At 29 February 2024 255 255
Net book value
At 29 February 2024 1,342 1,342

BACCANALIA FOR CULTURE CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Debtors

2024
£
Trade debtors 954
Total 954

BACCANALIA FOR CULTURE CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

5. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 3,336
Accruals and deferred income 5,500
Other creditors 346
Total 9,182

COMMUNITY INTEREST ANNUAL REPORT

BACCANALIA FOR CULTURE CIC

Company Number: 14689608 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

Baccanalia For Culture CIC has hosted several events that have enriched the cultural fabric of Bishop Auckland and its surrounding towns. Notable events include Bishop Auckland's Christmas Town, which has been a massive success, attracting tens of thousands of visitors. The event featured a variety of attractions like ice skating, a festive bandstand, a Tipi Bar, a Ferris Wheel, a Giant Snow globe, and numerous Christmas Market pitches.The company also organised the Shildon Leap Festival, an artistic and cultural event that transformed Shildon Town Square with interactive light installations and activities, fostering community spirit and cultural engagement. We engaged with local primary schools to develop artistic skills and deliver installations for the event. Additional events like the monthly Bishop Auckland Street Food Markets and the Cabaret Club have also been integral parts of our activities. They offer diverse culinary experiences and social engagement opportunities for LGBTQIA+ community members. The Street Food Markets are free to attend and feature live music and activities for families, which opensaccess to cultural and social engagement.Over the past year, we have orchestrated/coordinated more than 70,000 visits to Bishop Auckland Town Centre, contributing significantly to the arts and cultural economy and the wider local economy.

Consultation with stakeholders

Baccanalia For Culture CIC engages a diverse range of stakeholders, including local communities, local businesses, and local authorities. Our stakeholder engagement is intrinsic to the development of the vibrant and community-centric events we organise.A key example of our stakeholder-driven approach is the Christmas Town event, developed in partnership with Bishop Auckland Town Council and other local entities. These partnerships are fundamental to our programming, ensuring that our events are tailored to the needs andinterests of the community.We actively seek feedback from our stakeholders to measure our impact and inform future event planning. This feedback is gathered both in-person at events, through surveys, and digitally post-event. The insights obtained are crucial in shaping our future initiatives, ensuringthey resonate with and benefit our community.For the Shildon Leap Festival, we employed artists to work with local primary schools, enabling children to create artworks that were later showcased to their community. This not only engaged the children creatively but also fostered a sense of community pride andinvolvement.Our food and beverage traders, who are integral to our events, are all local businesses deeply invested in the local economy and community. We maintain an open and ongoing dialogue with these traders, ensuring our collaborations are mutually beneficial and aligned with community interests.Looking ahead to 2024, we are expanding our outreach and impact. We have initiated discussions with several local authorities, including Aycliffe, Durham/Crook, Spennymoor, Barnard Castle, and Shildon. Our goal is to understand how to best collaborate with these communities and deliver engagement that is tailored and relevant, furthering our mission to enrich local culture and community spirit through our events

Directors' remuneration

Directors Salaries £12500

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: T Wales
Status: Director