AKOMAASA PERFORMING ARTS ACADEMY CIC

Company limited by guarantee

Company Registration Number:
10477839 (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

AKOMAASA PERFORMING ARTS ACADEMY 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

AKOMAASA PERFORMING ARTS ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 70,210 81,981
Gross profit(or loss): 70,210 81,981
Administrative expenses: ( 68,041 ) ( 85,998 )
Operating profit(or loss): 2,169 (4,017)
Profit(or loss) before tax: 2,169 (4,017)
Profit(or loss) for the financial year: 2,169 (4,017)

AKOMAASA PERFORMING ARTS ACADEMY CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 16,560 13,243
Cash at bank and in hand: 5,245 60,774
Total current assets: 21,805 74,017
Net current assets (liabilities): 21,805 74,017
Total assets less current liabilities: 21,805 74,017
Creditors: amounts falling due after more than one year: 4 ( 25,621 ) ( 80,002 )
Total net assets (liabilities): (3,816) (5,985)
Members' funds
Profit and loss account: (3,816) ( 5,985)
Total members' funds: ( 3,816) (5,985)

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY 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 30 August 2024
and signed on behalf of the board by:

Name: Ms R A Boakye-Nino
Status: Director

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY 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

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 4 4

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Trade debtors 16,560 13,243
Total 16,560 13,243

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Other creditors 25,621 80,002
Total 25,621 80,002

COMMUNITY INTEREST ANNUAL REPORT

AKOMAASA PERFORMING ARTS ACADEMY CIC

Company Number: 10477839 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company continues to provide the benefit to children and young people with interest in western and African Disapora Performing Arts & dance in the Borough of lambeth and all surrounding areas. We have organised an increasing number of work shops throughout the year and have increased the number of activities right accross sorrounding areas. These activities have brought together a wider range of cultural groups who interacted together on a regular basis and are able to build on community cohesiveness on a more regular basis which will benefit the area over the long term

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
30 August 2024

And signed on behalf of the board by:
Name: Ms R A Boakye-Nino
Status: Director