NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
11916023 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,758 4,500
Total fixed assets: 2,758 4,500
Current assets
Debtors: 4 7,178 2,716
Cash at bank and in hand: 2,978 4,652
Total current assets: 10,156 7,368
Creditors: amounts falling due within one year: 5 ( 14,342 ) ( 13,000 )
Net current assets (liabilities): (4,186) (5,632)
Total assets less current liabilities: (1,428) ( 1,132)
Provision for liabilities: ( 524 ) ( 855 )
Total net assets (liabilities): (1,952) (1,987)
Members' funds
Profit and loss account: (1,952) ( 1,987)
Total members' funds: ( 1,952) (1,987)

The notes form part of these financial statements

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 March 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 7 October 2024
and signed on behalf of the board by:

Name: Sheila Williams
Status: Director

The notes form part of these financial statements

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 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

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 0

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 108 8,758 8,866
Additions 129 530 659
Disposals
Revaluations
Transfers
At 31 March 2024 237 9,288 9,525
Depreciation
At 1 April 2023 36 4,330 4,366
Charge for year 79 2,322 2,401
On disposals
Other adjustments
At 31 March 2024 115 6,652 6,767
Net book value
At 31 March 2024 122 2,636 2,758
At 31 March 2023 72 4,428 4,500

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 2,625
Prepayments and accrued income 182
Other debtors 6,996 91
Total 7,178 2,716

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 6,250 10,000
Other creditors 8,092 3,000
Total 14,342 13,000

COMMUNITY INTEREST ANNUAL REPORT

NE14.TV PRODUCTIONS COMMUNITY INTEREST COMPANY

Company Number: 11916023 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

1. Merton Lodge Community Hub - The second year of Merton lodge has been incredibly successful, and we have implemented some brand-new projects, specifically for adults in need of cultural opportunities. This included social activities, groups projects and art clubs. 2. We have also allocated funding towards creating a full-time paid opportunities for a local disadvantaged women on the estate who now acts as our centre manager. We provide guidance on daily activities and offer support on self-guided projects. This has been a huge success and there has been a notable increase in user uptake since a community member was employed. 3. We have continued our ongoing relationship with a training provider, expanding our training range to include the wider northeast particularly Northumberland, bringing more people into the scheme and reaching rural and underserved areas. 4 NE14 has offered work placements to multiple young people from across Newcastle and Durham. The young people have joined us for up to 3 months gaining vital work experience in the film, TV and creative industry. 5 We have gained an additional staff member who previously, joined us through a local work scheme, this is now the second year of paid work with NE14.

Consultation with stakeholders

No consultation with stakeholders

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
3 October 2024

And signed on behalf of the board by:
Name: Sheila Williams
Status: Director