for the Period Ended 31 August 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
16 August 2022 to 31 August 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 31 August 2023 | ||
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| £ | |
Turnover: | | |
Cost of sales: | ( | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | | |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | | |
Tax: | ( | |
Profit(or loss) for the financial year: | |
As at
Notes | 13 months to 31 August 2023 | ||
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| £ | ||
Current assets | |||
Debtors: | 3 | | |
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 4 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | ||
Total members' funds: | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2023
Basis of measurement and preparation
for the Period Ended 31 August 2023
13 months to 31 August 2023 | ||
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Average number of employees during the period | |
for the Period Ended 31 August 2023
13 months to 31 August 2023 | ||
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£ | ||
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for the Period Ended 31 August 2023
13 months to 31 August 2023 | ||
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Taxation and social security | | |
Other creditors | | |
Total | |
Art and Spirituality CIC is a beacon of community wellness and inclusivity, nestled in the heart of Gorgie, Edinburgh, with a studio, a therapy room and connected to a small cafe. “Spirituality” entails personal growth and inner development focused on enhancing individual well-being, and it does not associate with “religion”. Since its transformation into a social enterprise in August 2022, Art and Spirituality has been steadfast in its commitment to fostering holistic well-being and cultural enrichment for all. At the core of our ethos is our dedication to providing a welcoming space where local residents from all walks of life can embark on a journey of self-discovery, healing, and creative expression. Our diverse range of offerings, including arts workshops, exhibitions, therapies such as reiki, counselling, coaching, healing therapies, hypnotherapy, massage, craniosacral and more and classes such as yoga, meditation, breathwork, dance, cooking lessons and more, reflects our belief in the power of diverse modalities to nurture mind, body, and soul. Led by a team of passionate ethnic minority women, we champion inclusion, diversity, and human rights education. Through our proactive engagement with the community, and our strong partnership with other local charities, we strive to build trust, forge connections, and amplify underrepresented voices.Our mission is not only to enhance mental, emotional, and physical well-being but also to cultivate a sense of belonging and support in an atmosphere free of judgment that promotes self-healing. Our mission goes beyond the traditional notions of well-being: it encompasses a deeper quest for meaning and purpose in life. Our organization is dedicated to guiding individuals on a journey of self-discovery to uncover their life purpose. Art and Spirituality has served as a catalyst for transformative life changes, inspiring individuals to follow their hearts and pursue their passions with courage and determination. Countless stories of personal and professional metamorphosis bear testament to the profound impact of our mission. One such example is a lady who courageously departed from the confines of corporate life to embark on a journey of self-discovery and service as a nutritionist. Her decision to heed the call of her innermost desires, nourishing both herself and others, stands as a testament to the power of authenticity and self-belief. Similarly, a young lady who once found herself immersed in the world of cookery found the courage to venture beyond familiar shores, answering the call to become a teacher in Japan. Her leap of trust, fuelled by the encouragement and support of our community, exemplifies the transformative potential of pursuing our dreams. These stories of empowerment and reinvention are just a glimpse of the countless lives touched and transformed by the guiding support of our CIC. As we continue to champion self-discovery, authenticity, and purposeful living, we remain steadfast in our commitment to inspiring others to embrace their dreams and embark on paths aligned with their truest selves.Ethical and sustainable principles permeate every aspect of our organization, from the sourcing of materials for our events to the management of our facilities and operations. We prioritize the use of eco-friendly and ethically sourced materials whenever possible, minimize our environmental footprint and supporting fair labour practises. We also provide an opportunity for outdoor yoga and art classes in local parks to promote community accessibility and connection with nature.Since our opening till April 2024, we have welcomed 10,247 attendees to our events (the majority of them women and 75% from minority ethnics background):Year 2021-22: 3592 people attending 427 classes and 176 therapy sessions Year 2022-23: 3685 people attending 438 classes and 181 therapy sessions2344 followers on our social media channels, 578 subscribers to our newsletter and over 3000 visits to our website per month. We have engaged the support of 77 dedicated volunteers and facilitators in the first two years, who have played integral roles in our projects. Our strong partnerships with local organizations allowed us to host in the year 2022-23 these free funded events: *monthly art workshops and community meals funded by Evoc, Thrive and Community Fund through our partner Gorgie Collective,*monthly meditations through Health All Round,*yoga classes and women’s conversation cafes for refugees for The Welcoming,*yoga classes for the students at Capitol Students Westfield 88% of attendees stated that participation in one of our classes or therapies have improved their mental, physical and emotional health. In addition 85% said that their sense of community connectedness has improved. The feedback we receive from our attendees paints a vivid picture of their experiences and the impact of our programs. Words like "calm," "relaxing," “connection”, "amazing" reflect the immediate sense of tranquillity and well-being that participants experience during our classes and workshops. These sentiments speak to our ability to create a nurturing and supportive environment where individuals can unwind, recharge, and find inner peace amidst life's hectic pace. The feedback also underscores the importance of "learning" and "inspiring" experiences that our programs offer. Whether through exploring new skills and techniques or delving into personal growth and self-discovery, participants find our classes to be enriching and transformative. These words reflect our commitment to providing engaging and thought-provoking content that encourages continuous growth and development. Additionally, the mention of "honouring cultures" speaks to our dedication to diversity, inclusion, and cultural appreciation. By celebrating and embracing the richness of different cultural traditions, perspectives, and practices, we create a space where everyone feels valued, respected, and represented.Overall, the feedback we receive from our attendees serves as a testament to the profound impact of our programs on their well-being, growth, and sense of belonging. As we continue to prioritize their needs and aspirations, we remain committed to providing enriching and transformative experiences that empower individuals to thrive and flourish in all aspects of their lives.Art and Spirituality CIC makes a significant impact across various timeframes, ranging from short-term to long-term. Here are the key differences we make:Short-Term:1. Immediate Well-being and personal expression: our programs and activities provide immediate benefits to participants, such as stress reduction, increased relaxation, and improved mood. 2. Community Connection: We foster a sense of community and belonging among participants, creating a supportive environment where individuals can connect with others who share similar interests and values.3. Skill Development: Through workshops and classes, individuals have the opportunity to develop new skills and talents, boosting their confidence and self-esteem in the short term. Art classes equip people with practical skills in various discipline such as painting, craft, drawing.Medium-Term:1. Personal Growth: Over time, our programs contribute to the personal growth and development of participants, helping them gain insight into themselves and their potential. Through art classes also, people can convey complex emotions, ideas and narratives, contributing to a deeper understanding of themselves.2. Career Transitions: As seen in examples like the lady who became a nutritionist and the girl who pursued teaching abroad, our guidance and support empower individuals to make significant career transitions aligned with their passions and values.3. Increased Resilience: Through practices like meditation and creative expression, individuals build resilience to cope with life's challenges, leading to improved mental and emotional well-being.Long-Term:1. Sustainable Lifestyle Changes: Our emphasis on ethical and sustainable practices instils a long-term commitment to living in harmony with the environment, leading to lasting changes in lifestyle and consumption habits. Cooking classes provide people with practical knowledge to prepare healthy and nutritious meals. By learning about ingredient selection, portion control and cooking techniques, participants make more informed choices about their health.2. Social Impact: As individuals embrace their true passions and purposes, they become agents of positive change in their communities, spreading inspiration and encouragement to others.3. Collective Well-being: Ultimately, our work contributes to the long-term well-being of individuals, communities, and the planet, fostering a more compassionate, connected, and sustainable world for future generations.By addressing both immediate needs and long-term aspirations, Art and Spirituality CIC creates a ripple effect of positive change that extends far beyond the boundaries of our physical space.
At Art and Spirituality CIC, we are deeply committed to ensuring that our programs and activities effectively meet the needs and expectations of our stakeholders, which are residents of South West Edinburgh and visitors. To achieve this, we employ a comprehensive survey system that solicits feedback from participants before and after attending our classes.Before each class, attendees are asked to complete a pre-class survey, which helps us gather valuable personal information about their expectations, goals, and current well-being status. This allows us to tailor the content and delivery of each class to better meet the specific needs and preferences of our diverse community.After the class, participants are invited to fill out a post-class survey, which enables us to assess the impact and effectiveness of the session. By gathering feedback on factors such as enjoyment, perceived benefits, and areas for improvement, we gain valuable insights into the overall satisfaction and well-being outcomes of our programs.The data collected from these surveys serves multiple purposes:1. Program Evaluation: We use the survey data to evaluate the effectiveness of our classes in meeting the intended objectives and benefiting participants. This helps us continuously improve and refine our offerings to better serve the needs of our stakeholders.2. Content Tailoring: The feedback gathered from surveys informs our decisions on future class content. By understanding which topics and formats resonate most with our audience, we can tailor our offerings to align more closely with their interests and needing. At present, many of our attendees are grappling with significant challenges related to stress, anxiety, and isolation. These issues are pervasive and can have a profound impact on individuals' mental, emotional, and physical well-being. At Art and Spirituality CIC, we recognize the urgency of addressing these pressing concerns and are committed to providing meaningful support and resources to our community members.In response to these challenges, our organization offers a wide range of programs and activities specifically designed to address the needs of individuals experiencing stress, anxiety, and isolation. Through practices such as yoga, meditation, mindfulness, and art therapy, we provide participants with tools and techniques to manage stress, calm the mind, and cultivate inner peace. Additionally, our classes and workshops serve as inclusive spaces where individuals can connect with others, fostering a sense of belonging and support. 3. Funding Justification: The quantitative and qualitative data obtained from surveys provide valuable evidence of the positive impact of our programs, which can be used to justify funding requests from external sources. Demonstrating the tangible benefits and outcomes of our initiatives strengthens our case for financial support from grants and other funding sources.Overall, our survey system plays a crucial role in ensuring accountability, transparency, and responsiveness to the needs of our stakeholders. By actively engaging participants in the feedback process, we empower them to shape the direction of our programming and contribute to the ongoing success of our organization.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 April 2024
And signed on behalf of the board by:
Name: Giada Gaslini
Status: Director