STUDIO 4 DANCE CIC

Company limited by guarantee

Company Registration Number:
13044849 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

STUDIO 4 DANCE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

STUDIO 4 DANCE CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 78,267 52,001
Cost of sales: ( 24,861 ) ( 20,746 )
Gross profit(or loss): 53,406 31,255
Administrative expenses: ( 127,763 ) ( 198,436 )
Other operating income: 82,682 170,661
Operating profit(or loss): 8,325 3,480
Profit(or loss) before tax: 8,325 3,480
Profit(or loss) for the financial year: 8,325 3,480

STUDIO 4 DANCE CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 23,771 29,613
Total fixed assets: 23,771 29,613
Current assets
Debtors: 4 580 82,506
Cash at bank and in hand: 12,917 30,673
Total current assets: 13,497 113,179
Creditors: amounts falling due within one year: 5 ( 8,400 ) ( 16,848 )
Net current assets (liabilities): 5,097 96,331
Total assets less current liabilities: 28,868 125,944
Creditors: amounts falling due after more than one year: 6 ( 7,264 ) ( 112,664 )
Total net assets (liabilities): 21,604 13,280
Members' funds
Profit and loss account: 21,604 13,280
Total members' funds: 21,604 13,280

The notes form part of these financial statements

STUDIO 4 DANCE CIC

Balance sheet statements

For the year ending 30 November 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 7 August 2024
and signed on behalf of the board by:

Name: Alice Walker
Status: Director

The notes form part of these financial statements

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Tangible fixed assets depreciation policy

    Depreciated on a 20% reducing balance basis

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 1

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 33,379 3,367 520 37,266
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 33,379 3,367 520 37,266
Depreciation
At 1 December 2022 4,226 3,367 60 7,653
Charge for year 5,751 91 5,842
On disposals
Other adjustments
At 30 November 2023 9,977 3,367 151 13,495
Net book value
At 30 November 2023 23,402 0 369 23,771
At 30 November 2022 29,153 0 460 29,613

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Trade debtors 580 3,560
Prepayments and accrued income 60,000
Other debtors 18,946
Total 580 82,506

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 7,735 16,306
Taxation and social security 665 542
Total 8,400 16,848

STUDIO 4 DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 7,264 112,664
Total 7,264 112,664

COMMUNITY INTEREST ANNUAL REPORT

STUDIO 4 DANCE CIC

Company Number: 13044849 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Studio 4 Dance CIC is a dance organisation creating high quality but accessible dance opportunities for young people and dancers in the Southwest. We believe that dance itself can make a huge difference to young people's lives, helping them to learn transferable skills that will benefit them throughout their life. Our mission is to change lives through dance providing young people and dancers the oppportunity to work with some of the best working professional in the industry.

Consultation with stakeholders

Throughout the year we have engaged and worked closely with Cornwall Council, St Austell Town Council, St Austell BID and other VCSE's such as MCH Wheal Prosper CIC. We continue to develop our partnership with The Cornwall College Group and are continuing to deliver College courses to young people in Cornwall.

Directors' remuneration

Alice Walker: £18,000pa

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Alice Walker
Status: Director