RURAL ART HUB COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13997655 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

RURAL ART HUB COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

RURAL ART HUB COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 28,703 25,198
Cost of sales: ( 4,615 ) ( 937 )
Gross profit(or loss): 24,088 24,261
Distribution costs: 0 0
Administrative expenses: ( 26,515 ) ( 23,082 )
Operating profit(or loss): (2,427) 1,179
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,427) 1,179
Tax: 0 ( 224 )
Profit(or loss) for the financial year: (2,427) 955

RURAL ART HUB COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 7,348 10,517
Investments:   0 0
Total current assets: 7,348 10,517
Net current assets (liabilities): 7,348 10,517
Total assets less current liabilities: 7,348 10,517
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 8,820 ) ( 9,562 )
Total net assets (liabilities): (1,472) 955
Members' funds
Profit and loss account: (1,472) 955
Total members' funds: ( 1,472) 955

The notes form part of these financial statements

RURAL ART HUB COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 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 9 October 2024
and signed on behalf of the board by:

Name: Joseph Albert Schneider
Status: Director

The notes form part of these financial statements

RURAL ART HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 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

RURAL ART HUB COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

COMMUNITY INTEREST ANNUAL REPORT

RURAL ART HUB COMMUNITY INTEREST COMPANY

Company Number: 13997655 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

We run a programme of projects, activities and workshops, making them inclusive and accessible by working to remove barriers to participation. We are particularly focussed on responding to the challenges of isolation and access, promoting diversity and inclusion, wellbeing and health, the cost of living crisis and climate change in rural communities.

Consultation with stakeholders

“Thank you so much for yesterday’s session - it was lovely to meet you and your approach with the group is so hard to find, and very welcomed!” Parent, Children’s Creative Club at Babbinswood Farm, July 2024 . “I found my welcome at the hub to be very warm and inclusive. There was a huge air of enthusiasm and energy, and I have really enjoyed my visits there. Great facilities, being improved all the time. The courses have been full of interest and innovation too. I wish you all the best in finding new premises.“ . “The Rural Arts Hub has provided me with a safe, exploratory, imaginative environment to further my art practice and to share experiences with like minded people. It has also enabled me to assist with Cool Beans (6-14 year olds) on occasions, to be inspired and to inspire them in many different ways. The shared space of The Shippon has provided a stimulating area for old and young to absorb art and craft from all disciplines.”

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
9 October 2024

And signed on behalf of the board by:
Name: Joseph Albert Schneider
Status: Director