I AM STUDIOS HUB CIC

Company limited by guarantee

Company Registration Number:
SC744302 (Scotland)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 13 September 2022

End date: 30 September 2023

I AM STUDIOS HUB CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

I AM STUDIOS HUB CIC

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Directors

The director shown below has held office during the period of
26 July 2023 to 30 September 2023

Annella Forster


The directors shown below have held office during the whole of the period from
13 September 2022 to 30 September 2023

Demi Crawley
Peter Crawley


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: Demi Crawley
Status: Director

I AM STUDIOS HUB CIC

Profit And Loss Account

for the Period Ended 30 September 2023

13 months to 30 September 2023


£
Turnover: 25,224
Cost of sales: ( 875 )
Gross profit(or loss): 24,349
Administrative expenses: ( 17,622 )
Operating profit(or loss): 6,727
Profit(or loss) before tax: 6,727
Profit(or loss) for the financial year: 6,727

I AM STUDIOS HUB CIC

Balance sheet

As at 30 September 2023

Notes 13 months to 30 September 2023


£
Current assets
Debtors: 3 1,500
Cash at bank and in hand: 5,227
Total current assets: 6,727
Net current assets (liabilities): 6,727
Total assets less current liabilities: 6,727
Total net assets (liabilities): 6,727
Members' funds
Profit and loss account: 6,727
Total members' funds: 6,727

The notes form part of these financial statements

I AM STUDIOS HUB CIC

Balance sheet statements

For the year ending 30 September 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: Demi Crawley
Status: Director

The notes form part of these financial statements

I AM STUDIOS HUB CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

I AM STUDIOS HUB CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    13 months to 30 September 2023
    Average number of employees during the period 0

I AM STUDIOS HUB CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Debtors

13 months to 30 September 2023
£
Prepayments and accrued income 1,500
Total 1,500

COMMUNITY INTEREST ANNUAL REPORT

I AM STUDIOS HUB CIC

Company Number: SC744302 (Scotland)

Year Ending: 30 September 2023

Company activities and impact

We have been delivering dance and fitness activities to the community, in particular, those from low income households and specific groups for those with additional learning needs. We have worked with children and young people through free to access services to support the development of self-esteem, confidence, fitness and dance skills. We have worked with over 40 children and young people in the past 12 months.

Consultation with stakeholders

We liaise with our community on a regular basis, both formally and informally. We put the service user voice at the heart of everything we do. We are based within the community, our project is for local access and therefore we have built good relationships with the families we support. We have involved them in discussions about the development of services, making sure that our offer best meets their needs.

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: Demi Crawley
Status: Director