ARTS FORWARD COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
14879102 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 18 May 2023

End date: 31 May 2024

ARTS FORWARD COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

ARTS FORWARD COMMUNITY INTEREST COMPANY

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The director shown below has held office during the period of
12 July 2023 to 9 February 2024

Nadine Kim Hutton


The directors shown below have held office during the whole of the period from
18 May 2023 to 31 May 2024

Andrea Mindel
Yana Valcheva


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
14 August 2024

And signed on behalf of the board by:
Name: Andrea Mindel
Status: Director

ARTS FORWARD COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2024

2024


£
Turnover: 14,356
Cost of sales: ( 11,982 )
Gross profit(or loss): 2,374
Administrative expenses: ( 2,624 )
Operating profit(or loss): (250)
Profit(or loss) before tax: (250)
Profit(or loss) for the financial year: (250)

ARTS FORWARD COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 3,885
Total current assets: 3,885
Creditors: amounts falling due within one year: 3 ( 4,135 )
Net current assets (liabilities): (250)
Total assets less current liabilities: (250)
Total net assets (liabilities): (250)
Members' funds
Profit and loss account: (250)
Total members' funds: ( 250)

The notes form part of these financial statements

ARTS FORWARD COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 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 14 August 2024
and signed on behalf of the board by:

Name: Andrea Mindel
Status: Director

The notes form part of these financial statements

ARTS FORWARD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

ARTS FORWARD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

ARTS FORWARD COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 4,135
Total 4,135

COMMUNITY INTEREST ANNUAL REPORT

ARTS FORWARD COMMUNITY INTEREST COMPANY

Company Number: 14879102 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The Company hosted a series of free community workshops bringing together marginalised, disabled and LGBTQI people suffering from pain and trauma, to connect with one another and share experiences through expressive art practices. The Company provided a hub for people experiencing social isolation and disability offering signposting to local services, a safe space to connect with one another and the sharing of creative tools to help cope with pain and trauma.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£6,547 was paid to the directors for the cost of services provided to the company during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 August 2024

And signed on behalf of the board by:
Name: Andrea Mindel
Status: Director