SHREWSBURY ARTS TRAIL CIC

Company limited by guarantee

Company Registration Number:
14548986 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 19 December 2022

End date: 31 December 2023

SHREWSBURY ARTS TRAIL CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

SHREWSBURY ARTS TRAIL CIC

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Directors

The directors shown below have held office during the whole of the period from
19 December 2022 to 31 December 2023

Ross Callaghan
Jessica Richards


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
18 September 2024

And signed on behalf of the board by:
Name: Ross Callaghan
Status: Director

SHREWSBURY ARTS TRAIL CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023


£
Turnover: 53,133
Cost of sales: ( 36,245 )
Gross profit(or loss): 16,888
Administrative expenses: ( 16,808 )
Operating profit(or loss): 80
Profit(or loss) before tax: 80
Tax: ( 15 )
Profit(or loss) for the financial year: 65

SHREWSBURY ARTS TRAIL CIC

Balance sheet

As at 31 December 2023

Notes 2023


£
Current assets
Debtors: 3 1,750
Cash at bank and in hand: 430
Total current assets: 2,180
Creditors: amounts falling due within one year: 4 ( 2,115 )
Net current assets (liabilities): 65
Total assets less current liabilities: 65
Total net assets (liabilities): 65
Members' funds
Profit and loss account: 65
Total members' funds: 65

The notes form part of these financial statements

SHREWSBURY ARTS TRAIL CIC

Balance sheet statements

For the year ending 31 December 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 18 September 2024
and signed on behalf of the board by:

Name: Ross Callaghan
Status: Director

The notes form part of these financial statements

SHREWSBURY ARTS TRAIL CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

SHREWSBURY ARTS TRAIL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

SHREWSBURY ARTS TRAIL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

2023
£
Other debtors 1,750
Total 1,750

SHREWSBURY ARTS TRAIL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

2023
£
Taxation and social security 15
Accruals and deferred income 2,100
Total 2,115

COMMUNITY INTEREST ANNUAL REPORT

SHREWSBURY ARTS TRAIL CIC

Company Number: 14548986 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Shrewsbury Arts Trail mission is to engage Shropshire audiences with unique and high-quality contemporary art. It achieves this through bringing renowned artworks to the county and displaying them in unusual spaces - examples from 2023 include sculptures by Salvador Dali, never before exhibited in the UK, as well as pieces by Banksy, Damien Hirst, David Hockney, Barbara Hepworth and L.S. Lowry. The project will deliver sculpture and street art trails, exhibitions, events and community outreach including schools engagement.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

One of the directors was paid remuneration of £6,500 during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
18 September 2024

And signed on behalf of the board by:
Name: Ross Callaghan
Status: Director