FOLKACTIVE CIC

Company limited by guarantee

Company Registration Number:
08761295 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

FOLKACTIVE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FOLKACTIVE CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Directors

The director shown below has held office during the whole of the period from
1 December 2022 to 30 November 2023

Catherine Watkins


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
22 October 2024

And signed on behalf of the board by:
Name: Catherine Watkins
Status: Director

FOLKACTIVE CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 0 180
Total fixed assets: 0 180
Current assets
Debtors: 4 48
Cash at bank and in hand: 5,401 2,599
Total current assets: 5,401 2,647
Creditors: amounts falling due within one year: 5 ( 1,798 ) ( 524 )
Net current assets (liabilities): 3,603 2,123
Total assets less current liabilities: 3,603 2,303
Creditors: amounts falling due after more than one year: 6 ( 7,893 ) ( 6,593 )
Total net assets (liabilities): (4,290) (4,290)
Members' funds
Profit and loss account: (4,290) ( 4,290)
Total members' funds: ( 4,290) (4,290)

The notes form part of these financial statements

FOLKACTIVE CIC

Balance sheet statements

For the year ending 30 November 2023 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 22 October 2024
and signed on behalf of the board by:

Name: Catherine Watkins
Status: Director

The notes form part of these financial statements

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases. Computer Equipment. 3 Year Straight.

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 0

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2022 540 540
Additions
Disposals
Revaluations
Transfers
At 30 November 2023 540 540
Depreciation
At 1 December 2022 360 360
Charge for year 180 180
On disposals
Other adjustments
At 30 November 2023 540 540
Net book value
At 30 November 2023 0 0
At 30 November 2022 180 180

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Debtors

2023 2022
£ £
Other debtors 48
Total   48

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 1,798 524
Total 1,798 524

FOLKACTIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Other creditors 7,893 6,593
Total 7,893 6,593

COMMUNITY INTEREST ANNUAL REPORT

FOLKACTIVE CIC

Company Number: 08761295 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

The company undertook the following activities. Continued to hold monthly FolkActive Dances with live music for older people, with numbers of attendees gradually increasing to beyond pre-pandemic levels. Secured funding to restart our Moving in the Moment workshops for people living with dementia and their carers. Continued to deliver our two ensembles, Southampton Folk Orchestra for adults, and FolkActive Youth Ensemble for young people, with both groups growing and attracting new members. Secured partnership funding from Hampshire Music Service to deliver workshops in folk music and dance at primary schools within Hampshire during 2023-24 academic year. Formed a new partnership with Bishop's Waltham Festival to host an annual ceilidh for local primary school children. Presented one-off dances and workshops for community groups, folk festivals and youth organisations Our FolkActive Dances help keep older people active and maintain social links, reducing isolation. Our Moving in the Moment sessions deliver live music and gentle movement, both of which have been shown to be beneficial for people living with dementia. Our ensembles develop creativity and build musical skills. The quality of our youth ensemble has been recognised by the local schools music hub and by the national folk development organisation, EFDSS. Our schools workshops develop music and dance skills and awareness of local, national and international traditions, as well as providing fun and accessible activities for children. Our one-off events promote awareness of traditions and folk heritage in a fun and accessible way.

Consultation with stakeholders

We actively seek feedback from all schools, organisations and individuals that we work with, and maintain conversations with our participants. Activities in our ensembles are developed and guided through collaboration with the ensemble participants. We are a partner organisation with the schools music hubs for Southampton, Portsmouth and Hampshire and maintain active links with all three. We attend annual meetings of stakeholder groups such as music hubs, community centres and the local folk association.

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
22 October 2024

And signed on behalf of the board by:
Name: Catherine Watkins
Status: Director