THE BOURY ACADEMY CIC

Company limited by guarantee

Company Registration Number:
13264319 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE BOURY ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE BOURY ACADEMY CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 12,910 13,210
Cash at bank and in hand: 47,369 77,527
Total current assets: 60,279 90,737
Creditors: amounts falling due within one year: 4 ( 9,959 ) ( 40,861 )
Net current assets (liabilities): 50,320 49,876
Total assets less current liabilities: 50,320 49,876
Total net assets (liabilities): 50,320 49,876
Members' funds
Profit and loss account: 50,320 49,876
Total members' funds: 50,320 49,876

The notes form part of these financial statements

THE BOURY ACADEMY CIC

Balance sheet statements

For the year ending 31 March 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.

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

Name: BOURY, Caroline Isabel Philippa
Status: Director

The notes form part of these financial statements

THE BOURY ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THE BOURY ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 3

THE BOURY ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
£ £
Trade debtors 12,910 13,210
Total 12,910 13,210

THE BOURY ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 8,490 39,950
Other creditors 1,469 911
Total 9,959 40,861

COMMUNITY INTEREST ANNUAL REPORT

THE BOURY ACADEMY CIC

Company Number: 13264319 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Our mission is to increase access to professional performing arts for young people by providing affordable training and career opportunities from our rehearsal studios in Lambeth. To increase diversity in the arts through that access and to build confidence, creativity, community cohesion and provide a safe place to be. Our vision is of a world where there are no barriers to the performing arts, where Young People feel represented, valued and empowered. We action these through our five core values, to ignite a passion for performing, nurture actors and artists through that journey, spotlight our community wherever possible, to act and be proactive in seeking opportunities and facing inequalities and to empower those we work with in the next part of their journey. - During the financial year, our activities have benefited the community in the following ways: - We have worked with young people age 4-24 providing a number of different performing arts classes - We have continued building our performing arts hub in Lambeth with six dance studios and a common room for socialising. This is somewhere professional to hold classes but also somewhere safe for young people to be outside of school hours. We have added professional dance flooring to each studio space. - We have supported vulnerable young people by giving them free access to training and increased our free offering. - We have worked with children in care, giving them another service to rely on and helping them make friends in the local area - We have worked with local schools to help boost their arts provisions both during school time and after school - We took young people on a residential outside of London as a chance to escape the city and make friends and memories for life - We partnered with The National Theatre for our Young Company to participate in Connections 2024. They performed both at home and transferred to Southwark Playhouse with their production of Wind/Rush (Generation's) - We have staged multiple performances for family and friends to give young people the chance to experience performing on the stage - we have taken students on multiple theatre trips to deepen their knowledge and engagement with the industry - we have extended the age of those able to access our services by adding parent/carer classes and an all ages community choir - We have participated in Lambeth’s Future Connected Programme for cultural business leaders where one of our Directors was announced as the winner for 2024’s programme. - We supported 8/8 Young Company Members secure a place for full time drama education post 18.

Consultation with stakeholders

The company's stakeholders are young people aged 4-24 who live in the local area and their families, as well as local schools. The directors of the company have worked in the area and in local schools for a number of years and developed the business model for the school based on their experience of teaching young people and talking to their families. We have feedback sessions for both participants and families, regular surveys, both anonymous and named, and have developed a scoring system alongside our mental health lead to measure things like confidence, body image, relationships. We're able to monitor demographic information and attendance and therefore evaluate if we are succeeding in our mission and hitting KPI's we have set. These are regularly assessed and changed based on previous evaluations or in response to feedback. We've developed a Youth Board where children of all ages are represented and who regularly feedback to staff and the board of directors and we have and are continuing to explore various ways of project co design with young people. We regularly assess our impact on the wider community through things such as participation in community events, how many other organisations are making use of our space or how many partnerships and collaborations we have. Our families have begun a parent forum who also feedback and hold us to account, letting us know when things are great or when we need to tweak offerings. Finally we make individual case studies of participants which are often able to be shared both publicly and with funders We have a young mentor programme where we employ older students and train them in delivering performing arts classes for the youngest students that is proving very successful. This last year this programme has been accessed by ten local young people.

Directors' remuneration

The total amount paid to Directors in respect of services provided during the year was £51,426.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: BOURY, Caroline Isabel Philippa
Status: Director