ANTRIM SCHOOL OF MUSIC CIC

Company limited by guarantee

Company Registration Number:
NI683652 (Northern Ireland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

ANTRIM SCHOOL OF MUSIC CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

ANTRIM SCHOOL OF MUSIC CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Victoria Tracy Kyles
Rebecca McPolin-Clulow


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
19 August 2024

And signed on behalf of the board by:
Name: Victoria Tracy Kyles
Status: Director

ANTRIM SCHOOL OF MUSIC CIC

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Fixed assets
Tangible assets: 3 1,550 2,325
Total fixed assets: 1,550 2,325
Current assets
Cash at bank and in hand: 416 2,795
Total current assets: 416 2,795
Creditors: amounts falling due within one year: 4 ( 300 ) ( 250 )
Net current assets (liabilities): 116 2,545
Total assets less current liabilities: 1,666 4,870
Total net assets (liabilities): 1,666 4,870
Members' funds
Profit and loss account: 1,666 4,870
Total members' funds: 1,666 4,870

The notes form part of these financial statements

ANTRIM SCHOOL OF MUSIC 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.

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 19 August 2024
and signed on behalf of the board by:

Name: Victoria Tracy Kyles
Status: Director

The notes form part of these financial statements

ANTRIM SCHOOL OF MUSIC 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Plant & Machinery - 4 years straight line

ANTRIM SCHOOL OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 2 2

ANTRIM SCHOOL OF MUSIC 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 3,100 3,100
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 3,100 3,100
Depreciation
At 1 December 2022 775 775
Charge for year 775 775
On disposals
Other adjustments
At 30 November 2023 1,550 1,550
Net book value
At 30 November 2023 1,550 1,550
At 30 November 2022 2,325 2,325

ANTRIM SCHOOL OF MUSIC CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Accruals and deferred income 300 250
Total 300 250

COMMUNITY INTEREST ANNUAL REPORT

ANTRIM SCHOOL OF MUSIC CIC

Company Number: NI683652 (Northern Ireland)

Year Ending: 30 November 2023

Company activities and impact

Antrim School of Music C.I.C. has worked to provide a service to the local community, for those wishing to learn musical instruments. The C.I.C. has worked to provide access for all, benefitting the local community and providing opportunities for students to 'give back' to the local community.

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
19 August 2024

And signed on behalf of the board by:
Name: Victoria Tracy Kyles
Status: Director