REELMCR C.I.C.

Company limited by guarantee

Company Registration Number:
04645645 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

REELMCR C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

REELMCR C.I.C.

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

Terence Joseph Egan


The directors shown below have held office during the period of
26 February 2023 to 31 January 2024

John Keith O'Neil
Oscar David Peek
Jacqueline Lesley Carroll


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
10 October 2024

And signed on behalf of the board by:
Name: Jacqueline Lesley Carroll
Status: Director

REELMCR C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 21,851 19,630
Cost of sales: ( 16,095 ) ( 12,856 )
Gross profit(or loss): 5,756 6,774
Administrative expenses: ( 5,132 ) ( 7,437 )
Operating profit(or loss): 624 (663)
Profit(or loss) before tax: 624 (663)
Profit(or loss) for the financial year: 624 (663)

REELMCR C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 850 861
Total fixed assets: 850 861
Current assets
Stocks: 4 5,000 5,000
Debtors: 5 4,981 2,498
Cash at bank and in hand: 935 2,333
Total current assets: 10,916 9,831
Creditors: amounts falling due within one year: 6 ( 39,950 ) ( 39,500 )
Net current assets (liabilities): (29,034) (29,669)
Total assets less current liabilities: (28,184) ( 28,808)
Total net assets (liabilities): (28,184) (28,808)
Members' funds
Profit and loss account: (28,184) ( 28,808)
Total members' funds: ( 28,184) (28,808)

The notes form part of these financial statements

REELMCR C.I.C.

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 10 October 2024
and signed on behalf of the board by:

Name: Jacqueline Lesley Carroll
Status: Director

The notes form part of these financial statements

REELMCR C.I.C.

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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Office equipment & Motor vehicles - 25% reducing balance

REELMCR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

REELMCR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 52,390 3,400 55,790
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 52,390 3,400 55,790
Depreciation
At 1 February 2023 52,137 2,792 54,929
Charge for year 132 152 284
On disposals
Other adjustments 273 273
At 31 January 2024 51,996 2,944 54,940
Net book value
At 31 January 2024 394 456 850
At 31 January 2023 253 608 861

REELMCR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Stocks

2024 2023
£ £
Stocks 5,000 5,000
Total 5,000 5,000

REELMCR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors

2024 2023
£ £
Trade debtors 4,981 2,498
Total 4,981 2,498

REELMCR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 39,950 39,500
Total 39,950 39,500

COMMUNITY INTEREST ANNUAL REPORT

REELMCR C.I.C.

Company Number: 04645645 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The Company was founded over two decades ago to enable working-class communities across the North West to tell their own stories, in their own voices. Specialising in community-based drama, participant-led documentary films, and social history research and recording, all REELMCR projects are designed to promote community capacity building, diversity & social inclusion, personal development and the preservation and promotion of local heritage and culture. REELMCR CIC began the year by becoming the first community partner of Factory International. We spent most of 2023 based in Higher Blackley, one of the most deprived areas in the City of Manchester, where we met and filmed interviews with community groups and community activists across Blackley, engaging and mapping community assets, and making REELMCR visible and available to help. From this we will make 14 short promotional videos, free of charge, for the use of these groups, and we will host a day at the Higher Blackley Community Centre to show the films and encourage the groups to network, and information share with each other. We set up set up a drama group (REEL Blackley Drama Group), at the Higher Blackley Community Centre, the group is attended by around 35-40 community members, comprising, young people, able and disabled adults, and adults with special educational needs. Together, the group devised a community Christmas Panto, which played, for free, to a full house of 180 people, and the video recording of the show has had almost 800 views. The Pantomime, ‘Handsel and Gretel on the quest for kindness in the Kingdom of Blackley’, brought much needed laughter to a community that has suffered more than most in the past decade. The benefits to the actors/participants has been massive, increased tolerance from young people towards SEN adults, improved wellbeing among those with disabilities, new friendships and support networks among people who were strangers before joining the drama group, increased confidence and status amongst their peers, and bought to life a stage unused for 20 years. As a community partner of Factory International REELMCR had access to free tickets, and transport, for events at Aviva Studios, and we took many families, and groups from Blackley to enjoy free shows, and refreshments, that would have been outside of their limited financial budget. Delivered four Life-Long Learning Workshops with community members in Blackley and Wythenshawe. Tic Tok Soup – Lancashire Hill – In the most deprived ward in Stockport we ran workshops for young people, and their parents, cooking low-cost, healthy soups of the world and making Tic Tok videos. Tackling food poverty, the cost-of-living crisis, healthy eating, bringing children and their parents together in a positive way. Filmed rehearsal and live performance for the Soul Sisters play about domestic abuse. Soul Sisters is a charity founded to empower people and their children who have been affected by domestic abuse to live independent lives, free from fear and violence. Produced some short videos for the launch of ‘Middleton Co-Operating’, which intends to be ‘Greater Manchester’s first co-operative town – taking a new approach to strengthening our local economy and local community, in the Borough that gave birth to the co-operative movement’.

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
16 October 2024

And signed on behalf of the board by:
Name: Jacqueline Carroll
Status: Director