POP MUTATIONS CIC

Company limited by guarantee

Company Registration Number:
SC721774 (Scotland)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

POP MUTATIONS CIC

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

POP MUTATIONS CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 13 months to 28 February 2023


£

£
Turnover: 56,809 59,168
Cost of sales: ( 4,297 ) ( 6,090 )
Gross profit(or loss): 52,512 53,078
Administrative expenses: ( 50,786 ) ( 68,712 )
Operating profit(or loss): 1,726 (15,634)
Profit(or loss) before tax: 1,726 (15,634)
Profit(or loss) for the financial year: 1,726 (15,634)

POP MUTATIONS CIC

Balance sheet

As at 28 February 2024

Notes 2024 13 months to 28 February 2023


£

£
Fixed assets
Tangible assets: 3 206 206
Total fixed assets: 206 206
Current assets
Debtors: 4 15,071 9,488
Cash at bank and in hand: 71,371 71,505
Total current assets: 86,442 80,993
Creditors: amounts falling due within one year: 5 ( 81,456 ) ( 77,733 )
Net current assets (liabilities): 4,986 3,260
Total assets less current liabilities: 5,192 3,466
Creditors: amounts falling due after more than one year: 6 ( 19,100 ) ( 19,100 )
Total net assets (liabilities): (13,908) (15,634)
Members' funds
Profit and loss account: (13,908) ( 15,634)
Total members' funds: ( 13,908) (15,634)

The notes form part of these financial statements

POP MUTATIONS CIC

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 18 November 2024
and signed on behalf of the board by:

Name: IAIN BAIRD
Status: Director

The notes form part of these financial statements

POP MUTATIONS CIC

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

POP MUTATIONS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 13 months to 28 February 2023
    Average number of employees during the period 0 0

POP MUTATIONS CIC

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 206 206
Additions
Disposals
Revaluations
Transfers
At 28 February 2024 206 206
Depreciation
At 1 March 2023
Charge for year
On disposals
Other adjustments
At 28 February 2024
Net book value
At 28 February 2024 206 206
At 28 February 2023 206 206

POP MUTATIONS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 13 months to 28 February 2023
£ £
Prepayments and accrued income 15,071 7,224
Other debtors 2,264
Total 15,071 9,488

POP MUTATIONS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 28 February 2023
£ £
Bank loans and overdrafts 81,456 77,733
Total 81,456 77,733

POP MUTATIONS CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

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

2024 13 months to 28 February 2023
£ £
Other creditors 19,100 19,100
Total 19,100 19,100

COMMUNITY INTEREST ANNUAL REPORT

POP MUTATIONS CIC

Company Number: SC721774 (Scotland)

Year Ending: 28 February 2024

Company activities and impact

Promoting over 60 events in the Glasgow and Edinburgh areas hosting a diverse range of mainly local artists and musicians including many from marginalised and underrepresented communities Providing regular part time freelance work to several designers and printers who were commissioned to generate the promotional material (over 60 separate designs), both physical and digital Providing work for a pool of freelance audio/light engineers across nine different venues in the central belt Co-ordinating paid employment for over 180 local musicians and sound artists who have performed as part of the live music events we have curated Using Real Living Wage Foundations pay rates as base level for all the sound engineers, technicians, musicians, and all freelance stakeholders

Consultation with stakeholders

Our stakeholders comprise the musicians and artists, event attendess, the volunteer programmers, the venues we work with and partner organisations who we occasionally run events with. Regular consultation is an essential part of how Pop Mutations cic operates, with ongoing feedback with our various stakeholders after every event and ongoing scheduled weekly meetings with all the volunteer programmers. This regularly informs most elements of our operation influencing the events we programme, the nature and diversity of the music performing opportunities provided through the promotional activity; online engagement through our website and social media pages, as well as reviewing all possible valuable ways for continued engagement with our 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
18 November 2024

And signed on behalf of the board by:
Name: IAIN BAIRD
Status: Director