STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12202179 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Directors' report period ended 30 September 2023

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

Principal activities of the company

The principal activities of the company during the year was to provide support to young people and adults in the community that may be vulnerable or at risk for any reason. Help is provided in ways, such as continuously seeking donations of goods such as baby clothes, children's winter coats, arts and crafts and distributing them accordingly. The company also deliver programmes such as workshops and courses in creative arts such as dancing and singing, which builds community development, confidence, self esteem, inclusion, diversity, empathy and life skills.



Directors

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

Ms A Doherty
Ms V Melrose
Mrs S Nelson
Ms S Russo


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
10 September 2024

And signed on behalf of the board by:
Name: Ms A Doherty
Status: Director

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 42,715 10,202
Cost of sales: ( 39,844 ) ( 9,459 )
Gross profit(or loss): 2,871 743
Administrative expenses: ( 2,204 ) ( 1,531 )
Operating profit(or loss): 667 (788)
Profit(or loss) before tax: 667 (788)
Profit(or loss) for the financial year: 667 (788)

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 856 92
Total current assets: 856 92
Creditors: amounts falling due within one year: 3 ( 977 ) ( 880 )
Net current assets (liabilities): (121) (788)
Total assets less current liabilities: (121) ( 788)
Total net assets (liabilities): (121) (788)
Members' funds
Profit and loss account: (121) ( 788)
Total members' funds: ( 121) (788)

The notes form part of these financial statements

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 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 10 September 2024
and signed on behalf of the board by:

Name: Ms A Doherty
Status: Director

The notes form part of these financial statements

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 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

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Financial instruments Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 577 480
Other creditors 400 400
Total 977 880

COMMUNITY INTEREST ANNUAL REPORT

STUDIO PROJECTS CHISLEHURST COMMUNITY INTEREST COMPANY

Company Number: 12202179 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

Studio Projects Chislehurst has been set up to support young people and adults in the community that may be vulnerable or at risk for any reason. Help is provided in ways, such as continuously seeking donations of goods such as baby clothes, children's winter coats, arts and crafts and distributing them accordingly. Studio Projects Chislehurst also deliver programmes such as workshops and courses in creative arts such as dancing and singing, which builds community development, confidence, self esteem, inclusion, diversity, empathy and life skills.

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
10 September 2024

And signed on behalf of the board by:
Name: A Doherty
Status: Director