CREEQ COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
14952043 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 22 June 2023

End date: 30 June 2024

CREEQ COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

CREEQ COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The principal activity of the company in the year was to create opportunities to advance access to quality creativity with particular focus on people with protected characteristics.



Directors

The director shown below has held office during the whole of the period from
22 June 2023 to 30 June 2024

Faye Chambers


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
21 October 2024

And signed on behalf of the board by:
Name: Faye Chambers
Status: Director

CREEQ COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024


£
Turnover: 18,035
Gross profit(or loss): 18,035
Distribution costs: ( 506 )
Administrative expenses: ( 17,518 )
Operating profit(or loss): 11
Profit(or loss) before tax: 11
Profit(or loss) for the financial year: 11

CREEQ COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 24,618
Total current assets: 24,618
Creditors: amounts falling due within one year: 3 ( 20,372 )
Net current assets (liabilities): 4,246
Total assets less current liabilities: 4,246
Total net assets (liabilities): 4,246
Members' funds
Profit and loss account: 4,246
Total members' funds: 4,246

The notes form part of these financial statements

CREEQ COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 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 21 October 2024
and signed on behalf of the board by:

Name: Faye Chambers
Status: Director

The notes form part of these financial statements

CREEQ COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 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

CREEQ COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

CREEQ COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 20,372
Total 20,372

Arts Council England grant pre-allocated for the Four Seasons project.

COMMUNITY INTEREST ANNUAL REPORT

CREEQ COMMUNITY INTEREST COMPANY

Company Number: 14952043 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Creeq Community interest Company was established in June 2023 to create opportunities to advance access to quality creativity with particular focus on people with protected characteristics. Initial months were spent building networks and setting up public information channels (website, social media, email) towards the ambition of raising public awareness of the benefits of creative engagement. Creeq started trading in October 2023 with its first commission, a year-long contract with the National Trust. For this project, Creeq is engaging four diverse groups in creative workshops and co-design of new sculptures, ideal for reaching its Creative Equality aims. The groups are: residents/National Trust volunteers local to Croome, looked-after young people (in care), prisoners at HMP Hewell and vulnerable women supported by the Joy project (part of Worcester Community Trust). Evaluation shows 98% of participants have seen wellbeing benefits through taking part. Further benefits are expected as the project continues. Monitoring data shows the company is achieving its aim of supporting people with protected characteristics: participant ages range from 6-79 and 61% have a neurodiversity diagnosis, 53% experience mental health issues, 31% have a physical disability, 20% are looked after / care experienced. 75% have never taken part in any similar creative project before and 98% said they’d recommend taking part to others.

Consultation with stakeholders

In 2023-2024 the company’s stakeholders have been the director, commissioning staff at the National Trust and participants/partner organisations engaged in the Four Seasons project. All project participants are asked to complete a wellbeing survey (based on the Edinburgh scale) at the start and end of their creative programme, so impact can be gauged. This has shown 98% of participants experienced wellbeing improvements through engagement. Gathering quantitative data has proved to be useful so this will continue to be used in future projects. Monitoring surveys have also been useful in tracking the ambition of supporting people with protected characteristics (see pervious impact description) so this will also continue. Participants are asked to complete a short questionnaire about project experiences at the end of the creative sessions. This has helped evaluation at each project stage and delivery content has been adjusted in response to feedback, ensuring the most popular activities remain and are developed. In final responses, 100% of Four Seasons participants said they would recommend the workshops to others and 99% rated their experience ‘excellent’ or ‘good’. Partner and commissioning organisations are also asked for feedback but gaining responses is challenging, so a future action is to try a more formal questionnaire for partners. It is anticipated these comments could be useful for company assessment and development.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by the director in respect of qualifying services was £3,023. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 October 2024

And signed on behalf of the board by:
Name: Faye Chambers
Status: Director