THE THELMAS WMC C.I.C.

Company limited by guarantee

Company Registration Number:
11185166 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

THE THELMAS WMC C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

THE THELMAS WMC C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 3,537 2,250
Cost of sales: ( 34,402 )
Gross profit(or loss): (30,865) 2,250
Administrative expenses: ( 7,583 ) ( 18,436 )
Other operating income: 33,504 8,052
Operating profit(or loss): (4,944) (8,134)
Profit(or loss) before tax: (4,944) (8,134)
Tax: 5,247
Profit(or loss) for the financial year: 303 (8,134)

THE THELMAS WMC C.I.C.

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,689 1,277
Total fixed assets: 1,689 1,277
Current assets
Cash at bank and in hand: 1,664 414
Total current assets: 1,664 414
Prepayments and accrued income: 1,500
Creditors: amounts falling due within one year: 4 ( 2,850 )
Net current assets (liabilities): 314 414
Total assets less current liabilities: 2,003 1,691
Accruals and deferred income: ( 225 ) ( 216 )
Total net assets (liabilities): 1,778 1,475
Members' funds
Profit and loss account: 1,778 1,475
Total members' funds: 1,778 1,475

The notes form part of these financial statements

THE THELMAS WMC C.I.C.

Balance sheet statements

For the year ending 28 February 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 29 October 2024
and signed on behalf of the board by:

Name: Guleraana Mir
Status: Director

The notes form part of these financial statements

THE THELMAS WMC C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 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

THE THELMAS WMC C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

THE THELMAS WMC C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 1,818 1,818
Additions 600 600
Disposals
Revaluations
Transfers
At 28 February 2024 2,418 2,418
Depreciation
At 1 March 2023 541 541
Charge for year 188 188
On disposals
Other adjustments
At 28 February 2024 729 729
Net book value
At 28 February 2024 1,689 1,689
At 28 February 2023 1,277 1,277

THE THELMAS WMC C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Creditors: amounts falling due within one year note

2024
£
Other creditors 2,850
Total 2,850

COMMUNITY INTEREST ANNUAL REPORT

THE THELMAS WMC C.I.C.

Company Number: 11185166 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

The Thelmas WMC develop and produce professional productions, and deliver workshops for minoritised women in order to create opportunities for those who have traditionally been overlooked, or are underrepresented in the arts. During the financial year 2023-2024, the company’s activities have benefited the community in the following ways: Re-developed Santi & Naz for a run at Edinburgh Festival Fringe. A play about two young women living in India during the time of Partition, giving voice to several generation of South Asian Diaspora families, and queer people of all ages. This production encourages underserved audiences to engage with a play that reflects their lived experiences. We offered discounts to relevant community groups in order remove financial barriers so that more people, regardless of background, are able to enjoy world-class culture in Britain. As part of the project we delivered wraparound creative engagement activity to provide opportunities for local communities to generate discussion about the Partition of India and foster connection. Following the production in Edinburgh we began plans to tour the play across the UK in order to make this production available to more audiences nationally and further the impact of the community engagement activity. We successfully applied to Arts Council England’s touring fund, demonstrating the importance and relevance of the production to the artistic landscape, and need for our community engagement activities We took part in Mercury Theatre’s Creative Round Table, established so the venue can check in with how they are doing as an organisation creatively, for the benefit of freelance artists, small organisations and their community members. The result of this round table will directly impact communities in Colchester and surrounding areas. The Thelmas undertook training specific to their roles in order to grow knowledge, build capacity, and develop the organisation to be able to continue to provide quality output - both artistically and our participatory activity. Developed our relationship with SOAS, University of London and began a new project involving MA students with the aim of changing the way we teach & learn history in Britain. Began to develop two new plays. One from a d/Deaf artist about the idea that motherhood is the most rewarding job in the world. Exploring the darker side of parenthood, the play provides an outlet for women to share their stories and opens a conversation into the ultimate societal taboo - maternal ambivalence. We hope that with the future success of this production, we can also raise the profile of d/ Deaf and disabled artists. The second is a play about two working class children trying to survive when their mother goes missing. Although in the much earlier stages of development, our collaboration with Mercury Theatre will allow us to reach communities in Essex who historically are underserved by the arts, and may be facing similar economic hardships as the play’s characters. Applied for national funding to create and deliver participatory activity to benefit women of all ages in the UK, related to performance projects. These projects allow participants to engage in theatre and performance activities, and find ways to connect to each other through their experiences. Advocated for greater equality in the arts & cultural sector, and amplified the messages of charity partners through signposting audiences to different campaigns.

Consultation with stakeholders

The company’s stakeholders are women and non-binary artists of all ages and experiences. The directors of the company have worked as freelance artists for 15+ years and design company activity in response to the changing landscape of the theatre industry, based on their experience of talking to other artists. They also reflect current social and political issues affecting women globally. During the financial year 2023-2024, we consulted with audiences attending previews of Santi & Naz, requesting feedback on the play, exploring who they felt the play is for, and its relevance to today. Responses to the feedback questions have informed our strategy for further touring of the show, as well as wider company strategy.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £4,024. 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
15 October 2024

And signed on behalf of the board by:
Name: Guleraana Mir
Status: Director