DJ SCHOOL LEEDS C.I.C.

Company limited by guarantee

Company Registration Number:
08516007 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

DJ SCHOOL LEEDS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

DJ SCHOOL LEEDS C.I.C.

Directors' report period ended 31 May 2024

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

Principal activities of the company

From J u n e 1 s t 2023 t o D e c 3 1 2 0 2 3 activities continued a s m u c h a s possible a s usual. We delivered D J a n d m u s i c p r o d u c t i o n activities a n d e d u c a t i o n t o a r a n g e o f s c h o o l s , y o u t h organisations establishments. W e ran o u r Youth Music Funded D J clubs a n d raised private income a s much a s possible. Unfortunately cashflow forecasts showed u s that due t o the cost of living crisis our private income w a s not going t o b e enough t o maintain our studio s p a c e s o a t 31st December 2023 w e ended o u r l e a s e a n d moved out of our premises, selling of a number of our equipment assets a s appropriate to reduce storage costs. Since 1-1-24 and for the foreseeable future w e a r e working a t a much reduced level delivering only i n schools and youth establishments who can host us. The Youth Music Charity who funded our D J clubs h a v e been incredibly flexible a n d a r e allowing u s t o u s e their funds t o deliver teacher training which ( J i m Reiss, Managing Director) a m focussing on while also managing the delivery we a r e doing in schools and a t youth o r g a n i s a t i o n s .



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Walter James Reiss
Rachel Bradley
Timothy Garbutt
Abdul Meer


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
20 October 2024

And signed on behalf of the board by:
Name: Walter James Reiss
Status: Director

DJ SCHOOL LEEDS C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 77,668 110,370
Gross profit(or loss): 77,668 110,370
Administrative expenses: ( 70,181 ) ( 105,016 )
Other operating income: 5,113 226
Operating profit(or loss): 12,600 5,580
Interest payable and similar charges: ( 1,631 )
Profit(or loss) before tax: 12,600 3,949
Tax: ( 2,733 ) ( 677 )
Profit(or loss) for the financial year: 9,867 3,272

DJ SCHOOL LEEDS C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,045 5,557
Total fixed assets: 2,045 5,557
Current assets
Debtors: 4 807 3,458
Cash at bank and in hand: 33,657 26,338
Total current assets: 34,464 29,796
Creditors: amounts falling due within one year: 5 ( 4,469 ) ( 2,800 )
Net current assets (liabilities): 29,995 26,996
Total assets less current liabilities: 32,040 32,553
Creditors: amounts falling due after more than one year: 6 ( 208 )
Provision for liabilities: ( 310 ) ( 938 )
Accruals and deferred income: ( 9,960 )
Total net assets (liabilities): 31,522 21,655
Members' funds
Profit and loss account: 31,522 21,655
Total members' funds: 31,522 21,655

The notes form part of these financial statements

DJ SCHOOL LEEDS C.I.C.

Balance sheet statements

For the year ending 31 May 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 20 October 2024
and signed on behalf of the board by:

Name: Walter James Reiss
Status: Director

The notes form part of these financial statements

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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, excluding rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Computer equipment 33% reducing balance.

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Pension costs and other post-retirement benefits The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 5

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 25,950 25,950
Additions
Disposals ( 13,713 ) ( 13,713 )
Revaluations
Transfers
At 31 May 2024 12,237 12,237
Depreciation
At 1 June 2023 20,393 20,393
Charge for year 1,021 1,021
On disposals ( 11,222 ) ( 11,222 )
Other adjustments
At 31 May 2024 10,192 10,192
Net book value
At 31 May 2024 2,045 2,045
At 31 May 2023 5,557 5,557

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,150
Prepayments and accrued income 279 2,308
Other debtors 528
Total 807 3,458

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 3,361 1,942
Accruals and deferred income 901 858
Other creditors 207
Total 4,469 2,800

DJ SCHOOL LEEDS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

2024
£
Other creditors 208
Total 208

COMMUNITY INTEREST ANNUAL REPORT

DJ SCHOOL LEEDS C.I.C.

Company Number: 08516007 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

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.

Consultation with stakeholders

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.

Directors' remuneration

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.

Transfer of assets

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