SPARKS COMMUNITIES CIC

Company limited by guarantee

Company Registration Number:
12667293 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 July 2022

End date: 31 December 2023

SPARKS COMMUNITIES CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SPARKS COMMUNITIES 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

Principal activities of the company

Cultural Education.



Directors

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

Daniel Farrell
Donna Bamford


The director shown below has held office during the period of
23 March 2023 to 31 December 2023

Kate Klevit


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
30 September 2024

And signed on behalf of the board by:
Name: Daniel Farrell
Status: Director

SPARKS COMMUNITIES CIC

Balance sheet

As at 31 December 2023

Notes 18 months to 31 December 2023 2022


£

£
Current assets
Debtors: 3 62,574 39,457
Cash at bank and in hand: 306 151
Total current assets: 62,880 39,608
Creditors: amounts falling due within one year: 4 ( 28,299 ) ( 27,129 )
Net current assets (liabilities): 34,581 12,479
Total assets less current liabilities: 34,581 12,479
Total net assets (liabilities): 34,581 12,479
Members' funds
Profit and loss account: 34,581 12,479
Total members' funds: 34,581 12,479

The notes form part of these financial statements

SPARKS COMMUNITIES 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 30 September 2024
and signed on behalf of the board by:

Name: Daniel Farrell
Status: Director

The notes form part of these financial statements

SPARKS COMMUNITIES 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

    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.

SPARKS COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    18 months to 31 December 2023 2022
    Average number of employees during the period 0 0

SPARKS COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Debtors

18 months to 31 December 2023 2022
£ £
Trade debtors 3,593 39,457
Other debtors 58,981 0
Total 62,574 39,457

SPARKS COMMUNITIES CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Creditors: amounts falling due within one year note

18 months to 31 December 2023 2022
£ £
Trade creditors 589 6,937
Taxation and social security 12,616 2,290
Other creditors 15,094 17,902
Total 28,299 27,129

COMMUNITY INTEREST ANNUAL REPORT

SPARKS COMMUNITIES CIC

Company Number: 12667293 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

In the space provided below, please insert a general account of the company's activities in the financial year to which the report relates, including a description of how they have benefited the community. Sparks Communities inspires, educates and empowers children and young people through participatory film and media arts activities. Our community filmmaking projects work with children and young people who face disadvantages to improve their life chances. Sparks Communities is a CIC. Our community filmmaking and media projects supported by the Sparks Film & Media Arts group of companies, who provide us funding through their mainstream operations, as well as in kind resources and staffing support. We also receive financial support through individual donors, through several trusts and foundations and partnerships.

Consultation with stakeholders

No consultation with stakeholders

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
30 September 2024

And signed on behalf of the board by:
Name: Daniel Farrell
Status: Director