BROAD ROOTS CIC

Company limited by guarantee

Company Registration Number:
14606565 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 20 January 2023

End date: 31 January 2024

BROAD ROOTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

BROAD ROOTS CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024


£
Turnover: 778
Cost of sales: ( 798 )
Gross profit(or loss): (20)
Operating profit(or loss): (20)
Profit(or loss) before tax: (20)
Profit(or loss) for the financial year: (20)

BROAD ROOTS CIC

Balance sheet

As at 31 January 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 20
Total current assets: 20
Net current assets (liabilities): 20
Total assets less current liabilities: 20
Total net assets (liabilities): 20
Members' funds
Profit and loss account: 20
Total members' funds: 20

The notes form part of these financial statements

BROAD ROOTS CIC

Balance sheet statements

For the year ending 31 January 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 3 October 2024
and signed on behalf of the board by:

Name: John Ward
Status: Director

The notes form part of these financial statements

BROAD ROOTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

BROAD ROOTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

BROAD ROOTS CIC

Company Number: 14606565 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Broad Roots staged two arts events in Lowestoft this financial year, an area of high deprivation, in a new arts centre, 'The Grit'. Tickets were kept at an affordable cost and engagement was good. This supported the new community arts centre in its early attempts to raise its profile and to become viable and provided opportunities for the local community to engage the arts and the artists involved. It also provided work for freelance artists within the community.

Consultation with stakeholders

We met and consulted with our fellow directors of Broad Roots, who are long time residents of the area, to discuss what events to put on and to review after the events. We were in regular consultation with the manager of the Arts Centre 'The Grit' to agree the best way to stage, manage and publicise the events and what other events we could stage going forward. We consulted with the book shop contained within the arts centre, who also stages film viewings, how best to provide video backdrops to performances about local heritage and culture. The general public who attended the events, mainly from a two mile radius of the venue, were consulted after the events to gather ideas for the future and their general experience of the events. Likewise, the artists engaged were consulted about their experience.

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
2 October 2024

And signed on behalf of the board by:
Name: John Ward
Status: Director