PERFORMANCE EXCHANGE C.I.C.

Company Registration Number:
12255560 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

PERFORMANCE EXCHANGE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

PERFORMANCE EXCHANGE C.I.C.

Directors' report period ended 31 October 2023

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

Directors

The directors shown below have held office during the whole of the period from
1 November 2022 to 31 October 2023

Rose Lejeune
David Hoyland
Alys Williams


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
15 August 2024

And signed on behalf of the board by:
Name: Rose Lejeune
Status: Director

PERFORMANCE EXCHANGE C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 465 1,899
Total current assets: 465 1,899
Creditors: amounts falling due within one year: 3 ( 230 ) ( 609 )
Net current assets (liabilities): 235 1,290
Total assets less current liabilities: 235 1,290
Total net assets (liabilities): 235 1,290
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 231 1,286
Total Shareholders' funds: 235 1,290

The notes form part of these financial statements

PERFORMANCE EXCHANGE C.I.C.

Balance sheet statements

For the year ending 31 October 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 15 August 2024
and signed on behalf of the board by:

Name: Rose Lejeune
Status: Director

The notes form part of these financial statements

PERFORMANCE EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

    Other accounting policies

    Grants received in relation to expenditure are credited when the expenditure is charged to profit and loss.

PERFORMANCE EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

PERFORMANCE EXCHANGE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 69
Accruals and deferred income 160 540
Other creditors 70
Total 230 609

COMMUNITY INTEREST ANNUAL REPORT

PERFORMANCE EXCHANGE C.I.C.

Company Number: 12255560 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Performance Exchange is a dispersed performance programme presented in galleries around London, open and free to attend by all the community. Highlighting the work being done by the sector to support artists with broad- ranging performance practices and creating new social and economic relationships around them, the programme aims to generate new forms of support for artists in the field.The first Performance Exchange took place in July 2021. This included a performance programme in 11 galleries in London which offers a broad platform for performance art in the capital, as well as new financial models for artists, and work to support three regional museums to acquire art works from the programme (secured in March 2022). Collections offer long terms support for artists work and audiences ongoing engagement opportunities.

Consultation with stakeholders

The companies prime stakeholders are artists, commercial galleries and museums. We work with them to develop models for sustainability and collection through dialogue, and cross-sector liaison. Through consultation we began to metalwork the museums with one another to create nation wide collections research platforms.

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
15 August 2024

And signed on behalf of the board by:
Name: Rose Lejeune
Status: Director