CRE8IVE ARTS CIC

Company limited by guarantee

Company Registration Number:
13866462 (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

CRE8IVE ARTS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

CRE8IVE ARTS CIC

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

Jocelyn Ampah-Brient - Activities Management Nicholas Ampah-Brient - IT and Tech Management Morris Thompson - Tutor David Brown - Activities and Social Media



Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Jocelyn Samuel Ampah-Brient
Nicholas Edwin Ampah-Brient
David Alan Brown
Morris George Thompson


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
4 June 2024

And signed on behalf of the board by:
Name: Jocelyn Samuel Ampah-Brient
Status: Director

CRE8IVE ARTS CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 1,843 1,843
Gross profit(or loss): 1,843 1,843
Distribution costs: ( 2,165 ) ( 2,165 )
Operating profit(or loss): (322) (322)
Profit(or loss) before tax: (322) (322)
Profit(or loss) for the financial year: (322) (322)

CRE8IVE ARTS CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 7,213 7,213
Total current assets: 7,213 7,213
Net current assets (liabilities): 7,213 7,213
Total assets less current liabilities: 7,213 7,213
Total net assets (liabilities): 7,213 7,213
Members' funds
Profit and loss account: 7,213 7,213
Total members' funds: 7,213 7,213

The notes form part of these financial statements

CRE8IVE ARTS CIC

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

Name: Jocelyn Samuel Ampah-Brient
Status: Director

The notes form part of these financial statements

CRE8IVE ARTS CIC

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 Financial Reporting Standard 101

CRE8IVE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

    All 4 employees are directors

COMMUNITY INTEREST ANNUAL REPORT

CRE8IVE ARTS CIC

Company Number: 13866462 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Following the chaos caused by the pandemic Cre8ive Arts CIC has emerged as a much needed addition to the local community and beyond. More recently mental health and financial strain have become everyday topics of conversation. Lambeth 2022-23 stats show that around 4000 people in the borough are registered with GPs as suffering with severe mental illness.Which is three times the national average. Meanwhile the financial squeeze is having a huge bearing on what people can afford for many social activities. Due to our team of 15+ highly professional practitioners we offer Art and Crafts workshops to the community with no financial burden to themselves. The only cost is their time. These activities include creating paintings, drawings, screen printing, soap, candles, pasta, masks and hat making, cartoons, animation, wire and paper sculpting, CAD and coding. 2025 will include creative writing, poetry, guitar lessons and digital art. We provide a regular space where education, fun, peace and calmness can be found. Our regular attendees have come to rely on our events and amount to 200+ participants which is set to grow as we progress Funding has been secured to fully finance activities through to Spring 2025.

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
1 November 2024

And signed on behalf of the board by:
Name: Jocelyn Ampah-Brient
Status: Director