CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
13148364 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 3,451 8,837
Cost of sales: ( 3,457 ) ( 8,405 )
Gross profit(or loss): (6) 432
Operating profit(or loss): (6) 432
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (6) 432
Tax: 0 ( 127 )
Profit(or loss) for the financial year: (6) 305

CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,760 1,603
Total fixed assets: 1,760 1,603
Current assets
Debtors: 4 450 608
Cash at bank and in hand: 1,027 1,034
Total current assets: 1,477 1,642
Creditors: amounts falling due within one year: 5 ( 213 ) ( 2,567 )
Net current assets (liabilities): 1,264 (925)
Total assets less current liabilities: 3,024 678
Total net assets (liabilities): 3,024 678
Members' funds
Profit and loss account: 3,024 678
Total members' funds: 3,024 678

The notes form part of these financial statements

CREATIVE STUFF NEWTOWN 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: Sorrelle White
Status: Director

The notes form part of these financial statements

CREATIVE STUFF NEWTOWN 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 Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Plant and equipment Computers 15% reducing balance 33% straight line

CREATIVE STUFF NEWTOWN 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

CREATIVE STUFF NEWTOWN 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 1,873 353 2,226
Additions 504 504
Disposals
Revaluations
Transfers
At 31 January 2024 2,377 353 2,730
Depreciation
At 1 February 2023 336 287 623
Charge for year 281 66 347
On disposals
Other adjustments
At 31 January 2024 617 353 970
Net book value
At 31 January 2024 1,760 0 1,760
At 31 January 2023 1,537 66 1,603

CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Trade debtors 450 521
Prepayments and accrued income 87
Total 450 608

CREATIVE STUFF NEWTOWN 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
£ £
Trade creditors 13 200
Accruals and deferred income 200 606
Other creditors 1,761
Total 213 2,567

COMMUNITY INTEREST ANNUAL REPORT

CREATIVE STUFF NEWTOWN COMMUNITY INTEREST COMPANY

Company Number: 13148364 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The company's activities will provide benefit to the people of Mid Wales. Creative Stuff Newtown will support an inclusive, sustainable and contemporary music & arts scene in Mid Wales by providing a nurturing environment for people to connect, create and flourish.

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: Sorrelle White
Status: Director