for the Period Ended 31 May 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
( |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
( |
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Tax: |
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Profit(or loss) for the financial year: |
( |
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As at
Notes | 2023 | 2022 | |
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£ |
£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 5 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2022 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 May 2023 |
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Depreciation | ||||||
At 1 June 2022 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 May 2023 |
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Net book value | ||||||
At 31 May 2023 |
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At 31 May 2022 |
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for the Period Ended 31 May 2023
2023 | 2022 | |
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£ | £ | |
Trade debtors |
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Total |
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for the Period Ended 31 May 2023
2023 | 2022 | |
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£ | £ | |
Trade creditors |
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Total |
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This year Fish Factory Studios continued to provide affordable workspace and opportunities for our artistic community. Although we were still recovering from the aftermath of Covid and did not attract any grant funding during the year we were able to continue to provide the services the community needs and carry out important research into the changing needs of people in our locality. We made a lot of plans for future projects and have plans to apply for funding in the near future. Our international artist residency project continues to be popular, particularly in the summer months benefitting both the visiting artists and our local community who meet artists from all over the world and learn about their work.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £5687.50. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 August 2024
And signed on behalf of the board by:
Name: Rose Hatcher
Status: Director