STOURBRIDGE CREATIVE CONSORTIUM CIC

Company limited by guarantee

Company Registration Number:
13576281 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2023

Period of accounts

Start date: 1 September 2022

End date: 31 August 2023

STOURBRIDGE CREATIVE CONSORTIUM CIC

Contents of the Financial Statements

for the Period Ended 31 August 2023

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

STOURBRIDGE CREATIVE CONSORTIUM CIC

Directors' report period ended 31 August 2023

The directors present their report with the financial statements of the company for the period ended 31 August 2023

Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 August 2023

Mr James Anderson Brown


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
6 August 2024

And signed on behalf of the board by:
Name: Mr James Anderson Brown
Status: Director

STOURBRIDGE CREATIVE CONSORTIUM CIC

Profit And Loss Account

for the Period Ended 31 August 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 2,661 ) 0
Other operating income: 0 0
Operating profit(or loss): (2,661) 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,661) 0
Tax: 0 0
Profit(or loss) for the financial year: (2,661) 0

STOURBRIDGE CREATIVE CONSORTIUM CIC

Balance sheet

As at 31 August 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 3 0
Investments:   0 0
Total current assets: 3 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 2,664 ) 0
Net current assets (liabilities): (2,661) 0
Total assets less current liabilities: (2,661) 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (2,661) 0
Members' funds
Profit and loss account: (2,661) 0
Total members' funds: ( 2,661) 0

The notes form part of these financial statements

STOURBRIDGE CREATIVE CONSORTIUM CIC

Balance sheet statements

For the year ending 31 August 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.

This report was approved by the board of directors on 6 August 2024
and signed on behalf of the board by:

Name: Mr James Anderson Brown
Status: Director

The notes form part of these financial statements

STOURBRIDGE CREATIVE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 ofdiscounts and value added taxes. Turnover includes revenue earned from the sale of goods andfrom the rendering of services. Turnover from the sale of goods is recognised when thesignificant risks and rewards of ownership of the goods have transferred to the buyer. Turnoverfrom the rendering of services is recognised by reference to the stage of completion of thecontract. The stage of completion of a contract is measured by comparing the costs incurred forwork performed to date to the total estimated contract costs.

STOURBRIDGE CREATIVE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

STOURBRIDGE CREATIVE CONSORTIUM CIC

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 2,664 0
Total 2,664 0

COMMUNITY INTEREST ANNUAL REPORT

STOURBRIDGE CREATIVE CONSORTIUM CIC

Company Number: 13576281 (England and Wales)

Year Ending: 31 August 2023

Company activities and impact

Last year, the company was dormant, but this financial year has marked a period of reactivation focused on planning and groundwork for future community initiatives. While financial activity has been minimal this year due to the preparatory nature of the company's efforts, significant progress has been made in laying the foundation for impactful projects that will benefit the community in the coming year.- The company has initiated the planning of a large community music event at Stourbridge FC, set to take place next year. This event will serve as a catalyst for community engagement, bringing together diverse groups and providing a platform for local artists and businesses.- The company's groundwork this year has included outreach to underrepresented groups and the local community, ensuring that the company's future events will be inclusive and accessible to all members of the community, particularly those who are isolated or have limited access to cultural activities.- The company has also focused on building partnerships with local businesses and community organizations, which will help to strengthen the local economy and create new opportunities for collaboration and support.- Additionally, the company has prepared to implement environmentally sustainable practices in their projects, with plans to use renewable energy sources and reduce waste at their events.While this year’s activities have primarily been in the planning stages, they are crucial for the successful execution of the company's goals. The company anticipates that next year will see a significant increase in both financial activity and community impact as the projects come to fruition.

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
6 August 2024

And signed on behalf of the board by:
Name: James Anderson Brown
Status: Director