DA BASE COMMUNITY INTEREST COMPANY

Company Registration Number:
11350326 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

DA BASE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

DA BASE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Additional information

Directors' salaries for the year amounted to £14,665.



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Mr J Cornelius
Mr N L Fothergill
Miss L E Thomas


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
31 July 2024

And signed on behalf of the board by:
Name: Mr N L Fothergill
Status: Director

DA BASE COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 69,864 19,763
Cost of sales: ( 10,476 ) ( 9,446 )
Gross profit(or loss): 59,388 10,317
Administrative expenses: ( 25,073 ) ( 5,938 )
Operating profit(or loss): 34,315 4,379
Profit(or loss) before tax: 34,315 4,379
Tax: ( 5,953 )
Profit(or loss) for the financial year: 28,362 4,379

DA BASE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,636 440
Total fixed assets: 2,636 440
Current assets
Cash at bank and in hand: 22,231 2,127
Total current assets: 22,231 2,127
Creditors: amounts falling due within one year: 4 ( 6,897 ) ( 1,959 )
Net current assets (liabilities): 15,334 168
Total assets less current liabilities: 17,970 608
Total net assets (liabilities): 17,970 608
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 17,969 607
Total Shareholders' funds: 17,970 608

The notes form part of these financial statements

DA BASE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 2024 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 31 July 2024
and signed on behalf of the board by:

Name: Mr N L Fothergill
Status: Director

The notes form part of these financial statements

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Straight line 20%

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 1,100 1,100
Additions 2,499 2,499
Disposals
Revaluations
Transfers
At 31 May 2024 3,599 3,599
Depreciation
At 1 June 2023 660 660
Charge for year 303 303
On disposals
Other adjustments
At 31 May 2024 963 963
Net book value
At 31 May 2024 2,636 2,636
At 31 May 2023 440 440

DA BASE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 6,433
Other creditors 464 1,959
Total 6,897 1,959

COMMUNITY INTEREST ANNUAL REPORT

DA BASE COMMUNITY INTEREST COMPANY

Company Number: 11350326 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Da Base is a community interest company dedicated to providing alternative provision and creative youth services to young people. Over the past financial year, the company has supported youth development through music, arts, and educational workshops, offering a safe space for young people to grow creatively and socially. The impact has been significant, benefiting the local community by helping reduce social isolation, fostering new talent, and empowering young individuals to reach their potential.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The Director's remuneration can be found in the company accounts.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 July 2024

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