UNITY MUSIC ARTS TEAM C.I.C.

Company limited by guarantee

Company Registration Number:
12987857 (England and Wales)

Unaudited statutory accounts for the year ended 29 November 2023

Period of accounts

Start date: 1 December 2022

End date: 29 November 2023

UNITY MUSIC ARTS TEAM C.I.C.

Contents of the Financial Statements

for the Period Ended 29 November 2023

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

UNITY MUSIC ARTS TEAM C.I.C.

Profit And Loss Account

for the Period Ended 29 November 2023

2023 2022


£

£
Turnover: 11,457 12,271
Gross profit(or loss): 11,457 12,271
Administrative expenses: ( 26,639 ) ( 36,491 )
Other operating income: 12,179 22,895
Operating profit(or loss): (3,003) (1,325)
Profit(or loss) before tax: (3,003) (1,325)
Profit(or loss) for the financial year: (3,003) (1,325)

UNITY MUSIC ARTS TEAM C.I.C.

Balance sheet

As at 29 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 7,350 12,340
Total fixed assets: 7,350 12,340
Current assets
Cash at bank and in hand: 5,993 271
Total current assets: 5,993 271
Creditors: amounts falling due within one year: 4 ( 23,349 ) ( 18,949 )
Net current assets (liabilities): (17,356) (18,678)
Total assets less current liabilities: (10,006) ( 6,338)
Creditors: amounts falling due after more than one year: 5 ( 2,835 ) ( 3,500 )
Total net assets (liabilities): (12,841) (9,838)
Members' funds
Profit and loss account: (12,841) ( 9,838)
Total members' funds: ( 12,841) (9,838)

The notes form part of these financial statements

UNITY MUSIC ARTS TEAM C.I.C.

Balance sheet statements

For the year ending 29 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: Stephen Pierre
Status: Director

The notes form part of these financial statements

UNITY MUSIC ARTS TEAM C.I.C.

Notes to the Financial Statements

for the Period Ended 29 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

UNITY MUSIC ARTS TEAM C.I.C.

Notes to the Financial Statements

for the Period Ended 29 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

UNITY MUSIC ARTS TEAM C.I.C.

Notes to the Financial Statements

for the Period Ended 29 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 10,680 5,119 15,799
Additions
Disposals ( 5,119 ) ( 5,119 )
Revaluations
Transfers
At 29 November 2023 10,680 0 10,680
Depreciation
At 1 December 2022 2,030 1,429 3,459
Charge for year 1,300 1,300
On disposals ( 1,429 ) ( 1,429 )
Other adjustments
At 29 November 2023 3,330 0 3,330
Net book value
At 29 November 2023 7,350 0 7,350
At 30 November 2022 8,650 3,690 12,340

UNITY MUSIC ARTS TEAM C.I.C.

Notes to the Financial Statements

for the Period Ended 29 November 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 700 650
Other creditors 22,649 18,299
Total 23,349 18,949

UNITY MUSIC ARTS TEAM C.I.C.

Notes to the Financial Statements

for the Period Ended 29 November 2023

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

2023 2022
£ £
Bank loans and overdrafts 2,835 3,500
Total 2,835 3,500

COMMUNITY INTEREST ANNUAL REPORT

UNITY MUSIC ARTS TEAM C.I.C.

Company Number: 12987857 (England and Wales)

Year Ending: 29 November 2023

Company activities and impact

The Unity Arts Team C.I.C. is a grass roots non profit music organisation known as UMAT. Over the past financial year UMAT has supported creative music talent, promoted equality, diversity and inclusion. UMAT has supported community engagement events, free outdoor live music concerts, including The Blue Market Bermondsey and Jazz event. UMAT has supported free music educational projects and community vocal workshops and online learning. UMAT has also assisted other community groups and supported elderly residents with food parcels etc.

Consultation with stakeholders

The stakeholders are the general public who benefit from the free public live music events that UMAT present. They can make comments online or in person. The live music events have become more diverse as shown by the comments received.

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: Stephen Pierre
Status: Director