4482 SASAPARI C.I.C.

Company limited by guarantee

Company Registration Number:
12218467 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

4482 SASAPARI C.I.C.

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

4482 SASAPARI C.I.C.

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 3,848 6,445
Cost of sales: ( 2,527 ) ( 4,745 )
Gross profit(or loss): 1,321 1,700
Distribution costs: ( 497 ) ( 288 )
Administrative expenses: ( 732 ) ( 765 )
Other operating income: 150
Operating profit(or loss): 242 647
Profit(or loss) before tax: 242 647
Profit(or loss) for the financial year: 242 647

4482 SASAPARI C.I.C.

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,233 512
Total current assets: 1,233 512
Net current assets (liabilities): 1,233 512
Total assets less current liabilities: 1,233 512
Creditors: amounts falling due after more than one year: 3 ( 1,844 ) ( 1,365 )
Total net assets (liabilities): (611) (853)
Members' funds
Profit and loss account: (611) ( 853)
Total members' funds: ( 611) (853)

The notes form part of these financial statements

4482 SASAPARI C.I.C.

Balance sheet statements

For the year ending 30 September 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 22 October 2024
and signed on behalf of the board by:

Name: Sujin Sjin
Status: Director

The notes form part of these financial statements

4482 SASAPARI C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 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

4482 SASAPARI C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

4482 SASAPARI C.I.C.

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

2024 2023
£ £
Other creditors 1,844 1,365
Total 1,844 1,365

COMMUNITY INTEREST ANNUAL REPORT

4482 SASAPARI C.I.C.

Company Number: 12218467 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

4482 Sasapari hopes to organize exhibitions, talks and events in London and beyond in the UK. These creative activities will represent and merge different universities, galleries, charities and businesses together and that will no doubt enhance the artistic spirit among wider artistic communitics. 4482 Sasapari encourages aspiring young and emerging artists and any other individuals who have an interest in the arts and hopes to connect the arts communities of Korea and the UK. 4482 Sasapari has organised 10 exhibitions since its inception in 2007 in London, as an artist collective movement of contemporary artists and curators. It also hosted 16 sessions of art forum and 5 artists interviews, K- Art Now and in 2018-23, providing much needed opportunities for presentation and discussion among the artists. By registering 4482 Sasapari as a community interest company, we hope to be able to achieve a higher standard of work and to engage with a wider range of artists and members of the public.

Consultation with stakeholders

The company's stakeholders are artists and the British cultural communities. 4482 Sasapari's activities will provide benefit for the community of artists in London and the UK with a focus on presenting Korean artists within the British cultural communities. These may be students who have come to study art, or professionals who have settled and work in the UK.

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
22 October 2024

And signed on behalf of the board by:
Name: Sujin Shin
Status: Director