for the Period Ended 30 November 2023
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2023 | 2022 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Other operating income: |
|
|
Operating profit(or loss): |
( |
|
Profit(or loss) before tax: |
( |
|
Tax: |
(
|
|
Profit(or loss) for the financial year: |
( |
|
As at
Notes | 2023 | 2022 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 3 |
(
|
(
|
Net current assets (liabilities): |
( |
|
|
Total assets less current liabilities: |
( |
|
|
Total net assets (liabilities): |
( |
|
|
Members' funds | |||
Profit and loss account: |
( |
|
|
Total members' funds: |
( |
|
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 30 November 2023
Basis of measurement and preparation
for the Period Ended 30 November 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 November 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Taxation and social security |
|
|
Other creditors |
|
|
Total |
|
|
The Edinburgh Collective works to support individuals and projects within the creative scene in Edinburgh. Over the past three years, we have hosted over 50 shows and events entirely featuring Edinburgh musicians and bands, visual artists, poets, short film premieres, and more!These events are often the first performance a band has in Edinburgh before they begin to play larger stages and venues. We operate as a student and grassroots opportunity for new artists to emerge on the scene and share their work, while also receiving payment for their performances. The content and videos we create are used to promote future shows and for the performers individually; this is a significant help as the cost of professional content creation is a major barrier for new creatives.Recently, we have been working as a booking agency for organizations such as the Iris Initiative, the Good Stuff Network, and the Scottish Parliament Festival of Politics, where we represent local artists and open doors for large corporate event bookings. This work extends into the visual arts; we are growing our portfolio of local painters and sculptors, supporting and featuring their work at our events.There is also a networking and relationship aspect to our work. We began during lockdown when it was nearly impossible for artists to meet and work together. Now, through our events, we have introduced guitarists to singers (such as Luna J’s band, which is now playing major venues and has been featured on BBC Introducing), made organizational introductions that have led to ongoing partnerships (such as Canal Cruise Concerts with Fountainbridge Canalside Community Trust), and created regular ‘third spaces’ for friendships and collaborations to form.
No consultation with stakeholders
No remuneration was received
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: Fraser David Macdonald
Status: Director