for the Period Ended 31 March 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2024
Directors
The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
---|---|---|
| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Tax: | ( | |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
Net current assets (liabilities): | ( | | |
Total assets less current liabilities: | ( | | |
Total net assets (liabilities): | ( | | |
Members' funds | |||
Profit and loss account: | ( | | |
Total members' funds: | ( | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 March 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
Swale Media Arts Centre (SMAC) has now been trading for three years as a community hub, gallery, and media centre with IT equipment, room hire, film shows and a small museum. We work with the local community to provide supportive, low and no charge workshops and activities for a variety of groups and organisation from across Swale.
We have this year continued engaging with local artisans and groups interested in hiring our exhibition space on the ground floor of the building, as well as hosting exhibitions and events funded by grants we have raised; including a two week collaboration with heritage groups across Swale in November 2023. We continue to support wildlife groups and work with local schools to promote recycling and support for endangered animals. In September some of the out comes from our Mindful Monday, Zero to Hero, recycling programme were exhibited at an Environmental Seminar held at Canterbury Cathedral. We were also very pleased to receive a Highly Commended award at the 2023 Kent Mental Wellbeing Awards, where the judges said they were impressed with our initiatives and the amount of hard work and dedication required to deliver them.We aim to continue our work with other local heritage groups and build on our community activities to support those in need across Swale. We have continued to find funding that has assisted the needs of SMAC in the past year and continue to explore all avenues to support our work. Whilst run completely by Volunteers we hope to be able to raise funding to allow us to employ a part-time administrator which will enhance our activities and enable us to do more to support the local community, and grow and promote our activities. We are also seeking to work more closely with retail outlets we share the High Street area with to encourage communal activities that will improve the use of the Town Centre and enrich the area.Stakeholders include the local community, funders, members of our Friends of Swale Media Arts Centre, the seven members of our Board of Management and of course our Volunteers who do a great deal to support this project. We also work with the local Community Volunteer Service organisation to share best practice on a number of procedural matters.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
23 July 2024
And signed on behalf of the board by:
Name: Kenneth Rowles
Status: Director