THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
SC314531 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Directors' report period ended 31 January 2024

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

Principal activities of the company

We provide recording and audio production services along with education and outreach to the wider community



Directors

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

Samuel Joseph Smith
Ronan Fay
Stuart Evans


Secretary Gemma Ovens

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
30 October 2024

And signed on behalf of the board by:
Name: Samuel Joseph Smith
Status: Director

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 15,065 14,254
Cost of sales: ( 14,022 ) ( 14,110 )
Gross profit(or loss): 1,043 144
Operating profit(or loss): 1,043 144
Profit(or loss) before tax: 1,043 144
Profit(or loss) for the financial year: 1,043 144

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 26,808 26,808
Total fixed assets: 26,808 26,808
Current assets
Debtors: 4 1,560 300
Cash at bank and in hand: 10,345 8,377
Total current assets: 11,905 8,677
Creditors: amounts falling due within one year: 5 ( 1,660 ) ( 3,128 )
Net current assets (liabilities): 10,245 5,549
Total assets less current liabilities: 37,053 32,357
Total net assets (liabilities): 37,053 32,357
Members' funds
Profit and loss account: 37,053 32,357
Total members' funds: 37,053 32,357

The notes form part of these financial statements

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 January 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 30 October 2024
and signed on behalf of the board by:

Name: Samuel Joseph Smith
Status: Director

The notes form part of these financial statements

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 26,808 26,808
Additions
Disposals
Revaluations
Transfers
At 31 January 2024 26,808 26,808
Depreciation
At 1 February 2023
Charge for year
On disposals
Other adjustments
At 31 January 2024
Net book value
At 31 January 2024 26,808 26,808
At 31 January 2023 26,808 26,808

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Trade debtors 1,560 300
Total 1,560 300

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 1,660 3,128
Total 1,660 3,128

COMMUNITY INTEREST ANNUAL REPORT

THE GREEN DOOR STUDIO COMMUNITY INTEREST COMPANY

Company Number: SC314531 (Scotland)

Year Ending: 31 January 2024

Company activities and impact

We have provided affordable professional recording services to community working with artists from a wide range of backgrounds. We have also collaborated with other community based arts organisations providing both help and support for a wide range of music related projects. We have formed partnerships with other community groups such as Soundlab, Sculpture Placement Group and Music Space to help each other in accessing grant support and helping run workshops for young people. We have also ran a year long project for young people funded by Creative Scotland, Sonic Youths that has provided weekly music production workshops and individual recording sessions for young people in Scotland.

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
30 October 2024

And signed on behalf of the board by:
Name: Samuel Joseph Smith
Status: Director