DAZZLE INITIATIVE CIC

Company limited by guarantee

Company Registration Number:
SC669594 (Scotland)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

DAZZLE INITIATIVE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

DAZZLE INITIATIVE CIC

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The directors shown below have held office during the whole of the period from
1 September 2022 to 31 August 2023

Michael Grieve
Barry Price


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
19 April 2024

And signed on behalf of the board by:
Name: Michael Grieve
Status: Director

DAZZLE INITIATIVE CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: 0
Gross profit(or loss): 0 0
Distribution costs: ( 6,391 )
Administrative expenses: ( 65 ) ( 179 )
Other operating income: 9,244
Operating profit(or loss): (65) 2,674
Profit(or loss) before tax: (65) 2,674
Profit(or loss) for the financial year: (65) 2,674

DAZZLE INITIATIVE CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 2,425 2,933
Total current assets: 2,425 2,933
Creditors: amounts falling due within one year: 3 ( 324 ) ( 767 )
Net current assets (liabilities): 2,101 2,166
Total assets less current liabilities: 2,101 2,166
Total net assets (liabilities): 2,101 2,166
Members' funds
Profit and loss account: 2,101 2,166
Total members' funds: 2,101 2,166

The notes form part of these financial statements

DAZZLE INITIATIVE CIC

Balance sheet statements

For the year ending 31 August 2023 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 19 April 2024
and signed on behalf of the board by:

Name: Michael Grieve
Status: Director

The notes form part of these financial statements

DAZZLE INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 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

DAZZLE INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

DAZZLE INITIATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 508
Other creditors 324 259
Total 324 767

COMMUNITY INTEREST ANNUAL REPORT

DAZZLE INITIATIVE CIC

Company Number: SC669594 (Scotland)

Year Ending: 31 August 2023

Company activities and impact

The objects of the Company are to carry on the activities which benefit the community and in particular (without limitation) to provide facilities and learning opportunities in the field of electronic music particularly to disadvantaged and marginalised groups.

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
19 April 2024

And signed on behalf of the board by:
Name: Michael Grieve
Status: Director