for the Period Ended 31 May 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 May 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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Interest payable and similar charges: |
(
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Profit(or loss) before tax: |
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Tax: |
(
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(
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 6 |
(
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Provision for liabilities: |
(
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(
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Accruals and deferred income: |
(
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 May 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 June 2023 |
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Additions | ||||||
Disposals |
(
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(
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Revaluations | ||||||
Transfers | ||||||
At 31 May 2024 |
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Depreciation | ||||||
At 1 June 2023 |
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Charge for year |
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On disposals |
(
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(
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Other adjustments | ||||||
At 31 May 2024 |
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Net book value | ||||||
At 31 May 2024 |
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At 31 May 2023 |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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for the Period Ended 31 May 2024
2024 | 2023 | |
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£ | £ | |
Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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for the Period Ended 31 May 2024
2024 | ||
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£ | ||
Other creditors |
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Total |
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Unfortunately we have had to downsize considerably in this accounting year. In December 2023 we had to leave our studio space and so can no longer provide our DJ clubs or one to one delivery. We are currently working with organisations who can host us on their premises. This includes 4 weekly music establishments during academic term times and continues to include multiple one off or short run projects across West Yorkshire. In response to this reduction in capacity and reduced opportunities for our community I (Jim Reiss, Managing Director) have developed a course to enable teacher training in DJ skills and this is being rolled out nationwide.
The Companies stakeholders are our service users and the wider community. We consult with our service users by asking them to fill in feedback forms after each session with us. In the case of the young people we work with this feedback may specifically plan what skills they want to learn next, or may help us target entire projects to new areas of our catchment or new age ranges/socio economic groups. In the case of other organisations their feedback helps us decide if they thought they got value for money, what they would like to see us provide in the future and if they would like contacting in the future about offers or projects we have planned. We also ask for feedback from members of the wider community at performances or showcases and ask for parents of attendees to let us know of any comments made at home following our projects and sessions. The Managing Directors, Sub-contractors and staff are also stake holders and we have weekly meetings to brainstorm the direction our projects are taking us, which funding streams we should apply for and how best to reinvest any earnings in equipment so we can provide the best and most up to date service possible.
There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed. Full details are identified in our accounts.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 October 2024
And signed on behalf of the board by:
Name: Walter James Reiss
Status: Director