SCREENCRAFT WORKS CIC

Company Registration Number:
13823970 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

SCREENCRAFT WORKS CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SCREENCRAFT WORKS CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 379 736
Total fixed assets: 379 736
Current assets
Debtors: 4 4,880
Cash at bank and in hand: 4,920 6,509
Total current assets: 9,800 6,509
Creditors: amounts falling due within one year: 5 ( 8,968 ) ( 3,798 )
Net current assets (liabilities): 832 2,711
Total assets less current liabilities: 1,211 3,447
Total net assets (liabilities): 1,211 3,447
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 1,209 3,445
Total Shareholders' funds: 1,211 3,447

The notes form part of these financial statements

SCREENCRAFT WORKS CIC

Balance sheet statements

For the year ending 31 December 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 26 July 2024
and signed on behalf of the board by:

Name: Ms R L del Tufo
Status: Director

The notes form part of these financial statements

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.Rendering of services:Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:Fixtures & Fittings 33.33% straight lineComputer Equipment 33.33% straight line

    Other accounting policies

    Taxation:Income tax expense represents the sum of the tax currently payable.The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2023 1,069 1,069
Additions
Disposals
Revaluations
Transfers
At 31 December 2023 1,069 1,069
Depreciation
At 1 January 2023 333 333
Charge for year 357 357
On disposals
Other adjustments
At 31 December 2023 690 690
Net book value
At 31 December 2023 379 379
At 31 December 2022 736 736

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
£ £
Trade debtors 4,439
Other debtors 441
Total 4,880

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 560
Other creditors 8,968 3,238
Total 8,968 3,798

SCREENCRAFT WORKS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Loans to directors

Included under other payables at 31 December 2023 is a sum of £8,548 (2022: £2,818), the balance outstanding of loans between the directors and the company, which are interest-free, unsecured, and repayable on demand.

COMMUNITY INTEREST ANNUAL REPORT

SCREENCRAFT WORKS CIC

Company Number: 13823970 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

ScreenCraft Works is an international community of cross-border mentoring, cross-border talks and cross-border networking, supporting and celebrating under-represented production and post talent in film & TV. Across 2023, our community grew from 175 people to 330 people. Our programmes are virtual for widest inclusion and to be more sustainable. Our community spans 65 countries.Of our community, 59% identify as female and 6% as non-binary, and 6 people identify as trans (whether also identifying as male, female or non-binary). 28% of our community identify as LGBTQ+, 20% identify as having a disability, 11% have caring responsibilities, and 7% are returning to work. 11 of our community are displaced (including refugees). In 2023, we ran four programmes: Cross-Border Mentoring, Cross-Border Talks (both Conversations and Careers talks), Cross-Border Coffees and Cross-Border Networking.Cross-Border Mentoring: An international scheme for career development, exchange of knowledge and perspectives, and widening networks. We match under-represented production and post-production talent from the film & TV industry with international mentors, to share knowledge and experience, widen employment and peer-to-peer networks, and bring new cultural perspectives to the mentoring groups’ local and international productions. In 2023, we saw the completion of our first two cross-border mentoring programmes comprising 25 mentoring pairs. We also launched our third cross-border mentoring programme comprising 30 mentoring pairs; this programme ran into 2024. Cross-Border Conversations are a series of virtual talks between film & TV craft talent from different countries and at different career stages, which always include a first-time speaker. Speakers share career insights, knowledge and cultural perspectives, and are drawn from our mentoring community. The events comprise a 60- minute conversation followed by 30 minutes of virtual networking. In 2023 we ran six talks in this series, with a total of 23 speakers, and each talk included at least one first-time speaker gaining experience and increasing their international profile and confidence, as well as sharing their knowledge. The speakers are drawn from the mentoring community and have the opportunity to be trained in presentation skills ahead. We had an average of 52 sign-ups for the live events (a total of 310) and over 700 views of the talks on YouTube as at May 2024 (an average of 117 views per talk). Cross-Border Careers talks are a series of virtual talks where experts in their field share knowledge and information to help our community build their careers internationally. The talks are for all career stages, with practical advice aimed to help them in their local and national work. In 2023 we ran four talks in this series with 85 sign-ups for the live events and 200 views of the talks on YouTube. All our published talks are subtitled and transcripts are available via our website.Cross-Border Networking: In 2023, we offered networking events after each of our six Cross-Border Conversations which were well attended. There were also additional networking sessions for each of the two Cross-Border mentoring cohorts, and one session for all our mentees and mentors. We also co-hosted a networking event with Women in Film & TV Jamaica and UK Muslim Film, creating new and surprising international connections. Cross-Border Coffees: Our Cross-Border Coffee programme is an opportunity for one-to-one virtual industry advice or networking. Coffee mates are production and postproduction people, based in a different country. A virtual meet-up lasts an hour and participants are drawn from the ScreenCraft Works community. Topics covered can include advice about expanding your career internationally, help with a focussed career issue or problem, sharing of knowledge, or help with integration into the industry for people who have relocated or are displaced. In 2022, we facilitated and set up 100 cross-border coffee sessions.

Consultation with stakeholders

The stakeholders are: the ScreenCraft Works community members, who work in film & TV around the world and participate in our programmes. Other stakeholders are our sponsors: namely Genelec, Sara Putt Associates, Brunel University London, ToonBoom and Sennheiser, who sponsor our programmes.Further stakeholders are organisations who offer support in kind and advice. These are Deaf & Disabled People in TV, DARE Pictures, UK Muslim Film, ScreenSkills, Power To Transform, Women in Film & TV Jamaica, Be You, Counterpoints, Open Door North East, and North of England Refugee Service.We regularly survey the participants in our mentoring programmes, as well as frequent contact with all of our mentors and mentees, individually and in cohorts, to ensure we understand what is working and where changes might be helpful or needed. We ensure we consider and act on all feedback. We talk regularly to our sponsors and the other organisations supporting us, seeking their advice and input on our programmes and responding to that advice. In 2023, we established an Advisory Group comprised of representatives of people around the world in organisations supporting us or our work, and meet them seeking advice and constructive feedback. In 2023, we also created a new Code of Conduct and Values statement, which we shared with our community and our Advisory Group, inviting ongoing comment.We review all feedback and the content of our discussions with members of the community as well as with our sponsors and supporters and Advisory Group. This feeds into our ongoing strategy which we continue to develop.

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
26 July 2024

And signed on behalf of the board by:
Name: Ms R L del Tufo
Status: Director