90 MINUTE MUSIC CIC

Company Registration Number:
12084101 (England and Wales)

Unaudited statutory accounts for the year ended 30 July 2023

Period of accounts

Start date: 1 August 2022

End date: 30 July 2023

90 MINUTE MUSIC CIC

Contents of the Financial Statements

for the Period Ended 30 July 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

90 MINUTE MUSIC CIC

Balance sheet

As at 30 July 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 379 602
Total fixed assets: 379 602
Current assets
Cash at bank and in hand: 8,735 20,005
Total current assets: 8,735 20,005
Prepayments and accrued income: 91 91
Creditors: amounts falling due within one year: 4 ( 3,765 ) ( 2,533 )
Net current assets (liabilities): 5,061 17,563
Total assets less current liabilities: 5,440 18,165
Accruals and deferred income: ( 17,500 )
Total net assets (liabilities): 5,440 665
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 5,438 663
Total Shareholders' funds: 5,440 665

The notes form part of these financial statements

90 MINUTE MUSIC CIC

Balance sheet statements

For the year ending 30 July 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 April 2024
and signed on behalf of the board by:

Name: Mrs S FLynn
Status: Director

The notes form part of these financial statements

90 MINUTE MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 July 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

90 MINUTE MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 July 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

90 MINUTE MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 July 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 893 893
Additions
Disposals
Revaluations
Transfers
At 30 July 2023 893 893
Depreciation
At 1 August 2022 291 291
Charge for year 223 223
On disposals
Other adjustments
At 30 July 2023 514 514
Net book value
At 30 July 2023 379 379
At 31 July 2022 602 602

90 MINUTE MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 July 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 853 853
Taxation and social security 1,230 58
Other creditors 1,682 1,622
Total 3,765 2,533

COMMUNITY INTEREST ANNUAL REPORT

90 MINUTE MUSIC CIC

Company Number: 12084101 (England and Wales)

Year Ending: 30 July 2023

Company activities and impact

This year 90 Minute Music CIC have increased capacity by building wider and stronger relationships with other community groups. Upskilling young people in disadvantaged communities promotes motivation and social mobility and provides value to the community. Overall, we are doing lots of great work in the community and will continue to do so in the future.

Consultation with stakeholders

We continue to work with a range of partners including the local authority, local schools, hospitals and other areas in the public sector. Our partners have been kept informed of the work that 90 Minute Music CIC has carried out.

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
30 April 2024

And signed on behalf of the board by:
Name: Mrs S FLynn
Status: Director