DSCVR CREATIVE CIC

Company limited by guarantee

Company Registration Number:
14681907 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 22 February 2023

End date: 31 January 2024

DSCVR CREATIVE CIC

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

DSCVR CREATIVE CIC

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

Principal activities of the company

The principle activity of the company throughout the year was that of Cultural Education and Activities



Directors

The director shown below has held office during the period of
11 May 2023 to 31 January 2024

Jesse-Lee Norville


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

Christopher Hodgson
Lisa Martin


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
7 October 2024

And signed on behalf of the board by:
Name: Christopher Hodgson
Status: Director

DSCVR CREATIVE CIC

Profit And Loss Account

for the Period Ended 31 January 2024

11 months to 31 January 2024


£
Turnover: 25,402
Cost of sales: ( 19,463 )
Gross profit(or loss): 5,939
Administrative expenses: ( 4,650 )
Operating profit(or loss): 1,289
Profit(or loss) before tax: 1,289
Tax: ( 245 )
Profit(or loss) for the financial year: 1,044

DSCVR CREATIVE CIC

Balance sheet

As at 31 January 2024

Notes 11 months to 31 January 2024


£
Current assets
Cash at bank and in hand: 14,758
Total current assets: 14,758
Net current assets (liabilities): 14,758
Total assets less current liabilities: 14,758
Creditors: amounts falling due after more than one year: 3 ( 254 )
Accruals and deferred income: ( 13,460 )
Total net assets (liabilities): 1,044
Members' funds
Profit and loss account: 1,044
Total members' funds: 1,044

The notes form part of these financial statements

DSCVR CREATIVE 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 7 October 2024
and signed on behalf of the board by:

Name: Christopher Hodgson
Status: Director

The notes form part of these financial statements

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

    Turnover policy

    Turnover represents net invoices sales of good and services, excluding value added tax

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated life Office Equipment 20% on reducing balance Plant and Machinery 20% on reducing balance

    Intangible fixed assets amortisation policy

    Atomisation is provided on all intangible assets over 6 years

DSCVR CREATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    11 months to 31 January 2024
    Average number of employees during the period 0

DSCVR CREATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

11 months to 31 January 2024
£
Other creditors 254
Total 254

COMMUNITY INTEREST ANNUAL REPORT

DSCVR CREATIVE CIC

Company Number: 14681907 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Our organisation aims to offer free of charge professional music studio sessions for young people aged 12-18 from diverse, disadvantaged backgrounds in Buckinghamshire. Our aim is to of reduce the risk of anti-social behaviour, and improve mental health amongst young people within the local community through music.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Christopher Hodgson received in this year £9744

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 October 2024

And signed on behalf of the board by:
Name: Mr Christopher Hodgson
Status: Director