CUE PROPS CIC

Company limited by guarantee

Company Registration Number:
SC711933 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

CUE PROPS CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

CUE PROPS CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 13 months to 31 October 2022


£

£
Turnover: 10,319 12,680
Cost of sales: ( 8,355 ) ( 5,594 )
Gross profit(or loss): 1,964 7,086
Distribution costs: ( 257 ) ( 257 )
Administrative expenses: ( 10,523 ) ( 8,102 )
Other operating income: 6,000 7,500
Operating profit(or loss): (2,816) 6,227
Profit(or loss) before tax: (2,816) 6,227
Profit(or loss) for the financial year: (2,816) 6,227

CUE PROPS CIC

Balance sheet

As at 31 October 2023

Notes 2023 13 months to 31 October 2022


£

£
Current assets
Cash at bank and in hand: 3,412 6,227
Total current assets: 3,412 6,227
Net current assets (liabilities): 3,412 6,227
Total assets less current liabilities: 3,412 6,227
Creditors: amounts falling due after more than one year: 3 ( 13,500 ) ( 7,500 )
Total net assets (liabilities): (10,088) (1,273)
Members' funds
Profit and loss account: (10,088) ( 1,273)
Total members' funds: ( 10,088) (1,273)

The notes form part of these financial statements

CUE PROPS CIC

Balance sheet statements

For the year ending 31 October 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 16 June 2024
and signed on behalf of the board by:

Name: Merlin Currie
Status: Director

The notes form part of these financial statements

CUE PROPS CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

CUE PROPS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 13 months to 31 October 2022
    Average number of employees during the period 10 5

    Cue Props CIC utilises the services of freelancers to undertake artistic commissions.

CUE PROPS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

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

2023 13 months to 31 October 2022
£ £
Other creditors 13,500 7,500
Total 13,500 7,500

Cue Props CIC received £500 monthly towards the cost of rent as a Director's Loan.

COMMUNITY INTEREST ANNUAL REPORT

CUE PROPS CIC

Company Number: SC711933 (Scotland)

Year Ending: 31 October 2023

Company activities and impact

Cue Props CIC opened for business in October 2021. During the financial year 2022-2023 the activities benefitted the community by providing job opportunities for emerging creatives (15 this year) and providing training for creatives and teachers. Cue Props also continued to improve the sustainability of the industry by recycling materials and props for new commissions.

Consultation with stakeholders

Cue Props continues to engage with stakeholders by holding regular planning meetings where stakeholders have the opportunity to influence the activity and training programme. At the end of each training course, we circulate questionnaires to gauge the effectiveness of the training courses and help plan future courses.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £4,500. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, 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
16 June 2024

And signed on behalf of the board by:
Name: Rhonda Barclay
Status: Director