SUPERNORMAL CIC

Company limited by guarantee

Company Registration Number:
09315023 (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

SUPERNORMAL CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

SUPERNORMAL CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

The principal activity of the company during the year under review was operation of an annual arts festival.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

N. Bannerman
J. Martin
J. Tilbury


The directors shown below have held office during the period of
1 December 2022 to 28 November 2023

A. De Bourg
R. Howard


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
30 August 2024

And signed on behalf of the board by:
Name: N. Bannerman
Status: Director

SUPERNORMAL CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: (299) 183,076
Cost of sales: ( 1,863 ) ( 140,702 )
Gross profit(or loss): (2,162) 42,374
Distribution costs: ( 274 ) ( 1,575 )
Administrative expenses: ( 11,854 ) ( 13,007 )
Other operating income: 121 1,770
Operating profit(or loss): (14,169) 29,562
Interest receivable and similar income: 11
Profit(or loss) before tax: (14,158) 29,562
Tax: 4,301 ( 5,617 )
Profit(or loss) for the financial year: (9,857) 23,945

SUPERNORMAL CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets:   0 0
Total fixed assets:  
Current assets
Debtors: 3 3,428
Cash at bank and in hand: 25,000 48,650
Total current assets: 28,428 48,650
Creditors: amounts falling due within one year: 4 ( 643 ) ( 11,009 )
Net current assets (liabilities): 27,785 37,641
Total assets less current liabilities: 27,785 37,641
Total net assets (liabilities): 27,785 37,641
Members' funds
Profit and loss account: 27,785 37,641
Total members' funds: 27,785 37,641

The notes form part of these financial statements

SUPERNORMAL 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: N. Bannerman
Status: Director

The notes form part of these financial statements

SUPERNORMAL 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: - the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably; - it is probable that the economic benefits associated with the transaction will flow to the Company; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: - Plant and machinery 25% Straight line - Furniture, fittings and equipment 25% Straight line

SUPERNORMAL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

SUPERNORMAL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Debtors

2023 2022
£ £
Other debtors 3,428
Total 3,428

SUPERNORMAL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 160
Taxation and social security 5,617
Accruals and deferred income 483 5,392
Total 643 11,009

COMMUNITY INTEREST ANNUAL REPORT

SUPERNORMAL CIC

Company Number: 09315023 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

This was a fallow year for the festival, meaning that we did not hold our annual summer event at Braziers Park. After organising and hosting a festival in August 2022, a fair portion of the Supernormal team were unable to commit to organising a full-scale festival for 2023 for a variety of reasons such as health and family commitments. In the months following the company’s AGM on 5-6th November 2022, the team discussed the possibility of organising a much smaller event for the summer 2023, with a total of 500 people in attendance, instead of the usual 1500. After numerous meetings, it became apparent that there was not enough capacity within the team to proceed with this plan and so it was decided that a year off from organising an event was necessary. It was agreed that the Supernormal team would instead use the year to look at new ways in which the team could work together, the recruitment of new team members and what changes and improvements could be made to our next festival to occur in summer 2024.

Consultation with stakeholders

Consultation continued throughout the year with members of Brazier Park community, to ensure our working methods and decisions are decided and agreed upon collectively. This consultation occurred at a number of meetings at Braziers Park with the community through the year. The Supernormal Team held an AGM in Birmingham on 4-5th November 2023 where it was decided to begin plans to organise a festival in the summer of 2024.

Directors' remuneration

The aggregate amount paid to directors in the year was £1,000. There were no other transactions 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
30 August 2024

And signed on behalf of the board by:
Name: N. Bannerman
Status: Director