DEEKSHAA CIC

Company limited by guarantee

Company Registration Number:
12924387 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

DEEKSHAA CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

DEEKSHAA CIC

Directors' report period ended 31 October 2023

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

Directors

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

Arathi Ashok
Brian Abraham


The director shown below has held office during the period of
1 November 2022 to 31 August 2023

Alan Antony


The director shown below has held office during the period of
1 September 2023 to 31 October 2023

Joseph Kuriakose


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
29 July 2024

And signed on behalf of the board by:
Name: Arathi Ashok
Status: Director

DEEKSHAA CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 4,259 3,831
Cost of sales: ( 547 ) ( 7,110 )
Gross profit(or loss): 3,712 (3,279)
Administrative expenses: ( 16,516 ) ( 20,336 )
Other operating income: 2,452 26,980
Operating profit(or loss): (10,352) 3,365
Profit(or loss) before tax: (10,352) 3,365
Tax: ( 639 )
Profit(or loss) for the financial year: (10,352) 2,726

DEEKSHAA CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 272 11,365
Total current assets: 272 11,365
Creditors: amounts falling due within one year: 3 ( 7,898 ) ( 8,639 )
Net current assets (liabilities): (7,626) 2,726
Total assets less current liabilities: (7,626) 2,726
Total net assets (liabilities): (7,626) 2,726
Members' funds
Profit and loss account: (7,626) 2,726
Total members' funds: ( 7,626) 2,726

The notes form part of these financial statements

DEEKSHAA CIC

Balance sheet statements

For the year ending 31 October 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 29 July 2024
and signed on behalf of the board by:

Name: Arathi Ashok
Status: Director

The notes form part of these financial statements

DEEKSHAA CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

DEEKSHAA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

DEEKSHAA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Taxation and social security 639
Accruals and deferred income 407 510
Other creditors 7,491 7,490
Total 7,898 8,639

COMMUNITY INTEREST ANNUAL REPORT

DEEKSHAA CIC

Company Number: 12924387 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Company activities and impact Deekshaa CIC is an arts organization based in Midlands, which teaches and promotes Indian arts. Deekshaa's activities are-classes, art sessions, workshops, events; art projects, collaborations etc. Deekshaa promotes artists of Indian arts (especially performing arts) and provide them with opportunities to learn and perform art forms. Deekshaa also involve communities in arts fests and encourage communities and individuals to participate in arts and cultural activities. Artists and art students learning and performing Indian arts are benefitted from the activities of this company. lt is a Community Interest Company and so, a not for profit company. It was incorporated as a CIC in October 2020.

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
29 July 2024

And signed on behalf of the board by:
Name: Arathi Ashok
Status: Director