INNER ARTIST UK CIC

Company limited by guarantee

Company Registration Number:
14916887 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 6 June 2023

End date: 30 June 2024

INNER ARTIST UK CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

INNER ARTIST UK CIC

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 396
Cost of sales: ( 2,549 )
Gross profit(or loss): (2,153)
Administrative expenses: ( 1,706 )
Other operating income: 3,859
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

INNER ARTIST UK CIC

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Current assets
Cash at bank and in hand: 6,395
Total current assets: 6,395
Creditors: amounts falling due within one year: 3 ( 6,395 )
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

INNER ARTIST UK CIC

Balance sheet statements

For the year ending 30 June 2024 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 31 July 2024
and signed on behalf of the board by:

Name: Charlie NEWMAN
Status: Director

The notes form part of these financial statements

INNER ARTIST UK CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 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

    Other accounting policies

    Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to the profit and loss.

INNER ARTIST UK CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 0

INNER ARTIST UK CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

13 months to 30 June 2024
£
Other creditors 6,395
Total 6,395

COMMUNITY INTEREST ANNUAL REPORT

INNER ARTIST UK CIC

Company Number: 14916887 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The company runs youth projects to support young adults in creative Arts, Music and Film. Byperforming weekly sessions teaching them the basic skills then adapting and evolving theminto a more intricate Performer or creative. The Company was formed in June 2023, TheCompany benefits the community in the following ways. Keeps young adults off the streets and in a form of creative expressive relief.Lowers crime rates in young adults through a collective word of mouth informationspread of what we do, giving young adults a place an choice to express how they feel.Brings the community together through a series of live performance shows and eventsto build awareness and spread information on the projects. Therefore helping moreyoung adults find out what we are achieving.We have currently helped over 10 young adults get back into work and education andare actively seeking more young adults to help in this process.

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
31 July 2024

And signed on behalf of the board by:
Name: Charlie NEWMAN
Status: Director