BIRMINGHAM IMPROV C.I.C.

Company limited by guarantee

Company Registration Number:
10533765 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

BIRMINGHAM IMPROV C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

BIRMINGHAM IMPROV C.I.C.

Directors' report period ended 31 December 2023

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

Principal activities of the company

We ran 48 weekly drop-ins, which were well attended often selling out at 16 participants. We presented weekly public performances from local and visiting companies – 45 in total We ran 11 participatory jams We taught 3 x12-week evening classes courses for beginners and improvers We hosted 7 weekend workshops taught by visiting teachers, all selling out at 20 participants. We took a company of performers to the Edinburgh Fringe Festival for a week We made preparations for the Birmingham Improv Festival 2024, in partnership with Midlands Arts Centre.



Directors

The directors shown below have held office during the whole of the period from
1 January 2023 to 31 December 2023

Jon Trevor
David Allen
Wanjiku Nyachae


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
21 August 2024

And signed on behalf of the board by:
Name: Jon Trevor
Status: Director

BIRMINGHAM IMPROV C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 30,265 48,604
Cost of sales: ( 23,914 ) ( 32,936 )
Gross profit(or loss): 6,351 15,668
Administrative expenses: ( 3,500 ) ( 12,959 )
Operating profit(or loss): 2,851 2,709
Profit(or loss) before tax: 2,851 2,709
Tax: ( 542 ) ( 515 )
Profit(or loss) for the financial year: 2,309 2,194

BIRMINGHAM IMPROV C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 3,305
Cash at bank and in hand: 15,073 13,952
Total current assets: 15,073 17,257
Creditors: amounts falling due within one year: 4 ( 8,282 ) ( 12,775 )
Net current assets (liabilities): 6,791 4,482
Total assets less current liabilities: 6,791 4,482
Total net assets (liabilities): 6,791 4,482
Members' funds
Profit and loss account: 6,791 4,482
Total members' funds: 6,791 4,482

The notes form part of these financial statements

BIRMINGHAM IMPROV C.I.C.

Balance sheet statements

For the year ending 31 December 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 21 August 2024
and signed on behalf of the board by:

Name: Jon Trevor
Status: Director

The notes form part of these financial statements

BIRMINGHAM IMPROV C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Other accounting policies

    Tax The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income. The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

BIRMINGHAM IMPROV C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

BIRMINGHAM IMPROV C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023 2022
£ £
Trade debtors 3,305
Total   3,305

BIRMINGHAM IMPROV C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 52
Trade creditors 7,239 11,860
Taxation and social security 541 515
Accruals and deferred income 450 400
Total 8,282 12,775

COMMUNITY INTEREST ANNUAL REPORT

BIRMINGHAM IMPROV C.I.C.

Company Number: 10533765 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

We ran 48 weekly drop-ins, which were well attended, often selling out at 16 participants. We presented weekly public performances from local and visiting companies – 45 in total We ran 11 participatory jams We hosted 7 weekend workshops for visiting teachers, each selling out with 20 participants. We taught 3 x12-week evening classes courses for beginners and improvers We took a company of performers to the Edinburgh Fringe Festival for a week. We made preparations for the Birmingham Improv Festival 2024, in partnership with Midlands Arts Centre.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £6595. 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.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Jon Trevor
Status: Director