for the Period Ended 31 May 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Distribution costs: |
(
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(
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
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( |
Profit(or loss) before tax: |
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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 | |||
Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
|
(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
( |
( |
|
Accruals and deferred income: |
(
|
(
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Total net assets (liabilities): |
( |
( |
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Capital and reserves | |||
Called up share capital: |
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Other reserves: |
( |
( |
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Total Shareholders' funds: |
( |
( |
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
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 |
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Disposals | ||||||
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 | ||||||
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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£ | £ | |
Other creditors |
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Total |
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My Festival CIC specialises in organising and running music events around the Woodbridge area of Suffolk. These events include small-scale live music festivals, silent discos, and DJ sessions. My Festival focuses on supporting and promoting local music talent – including young and emerging musicians, young DJs, and those involved in and learning sound engineering. The festivals include performances from young and disabled teenagers, providing them with a professional stage and sound setup, plus a friendly and appreciative audience of local people. The events are held in the bars, pubs, and restaurants of the town, who are active supporters and promoters of the My Festival events. These local business report increases in sales, footfall, and customer engagement during our events. My Festival events are well attended by local people and are an attraction to visitors and holiday makers in the area. We run the events as free-entry, to ensure accessibility to all members of the community.
Primary stakeholders: Ian Matthews and Marco Spina, My Festival company directors. The company directors have weekly meetings to discuss and decide on activities. We also meet with others who benefit from our events, including the DJ’s and sound engineers we employ at intervals throughout the year, and owners of the venues we run events at. These meetings focus on which events they would like to be involved in, and to what capacity. There have been no major changes in our activities and direction throughout the year.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
13 August 2024
And signed on behalf of the board by:
Name: Ian Matthews
Status: Director