for the Period Ended 30 April 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 30 April 2023
Directors
The directors shown below have held office during the whole of the period from
1 May 2022 to 30 April 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
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | 4 | | |
Debtors: | 5 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 6 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 7 | ( | |
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 30 April 2023
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 30 April 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 30 April 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 May 2022 | | | | |||
Additions | ||||||
Disposals | ( | ( | ||||
Revaluations | ||||||
Transfers | ||||||
At 30 April 2023 | | | | |||
Depreciation | ||||||
At 1 May 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 30 April 2023 | | | | |||
Net book value | ||||||
At 30 April 2023 | | | | |||
At 30 April 2022 | | | |
for the Period Ended 30 April 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Stocks | | |
Total | | |
for the Period Ended 30 April 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Total | |
for the Period Ended 30 April 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 30 April 2023
2022 | ||
---|---|---|
£ | ||
Other creditors | | |
Total | |
Margate Arts Club is a small arts social space and bar whose objective is to facilitate the social intercourse of persons connected with or interested in Art. Margate Arts Club operates 2 big events a month with art gallery space, performance, music and bar. Events celebrate different art forms and have many benefits to the surrounding community both socially and economically.The gallery window display changes monthly showcasing art to the community.The space is also used to record radio shows and for musicians and performers to record and rehearse. It has been a difficult trading year due to increased stock and fuel costs, and we are passionate about paying our team as fairly as possible. We so believe in the mission of the club and the wonderful social benefits of coming together in community spaces. We hope as the cost of living crisis eases we will return to a healthier more stable income.
No consultation with stakeholders
In 22/23 Director of the company Luke Vandenberg received £12,000 in salary.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 January 2024
And signed on behalf of the board by:
Name: A Vandenberg
Status: Director