for the Period Ended 30 January 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Other operating income: |
|
|
Operating profit(or loss): |
|
( |
Interest payable and similar charges: |
(
|
(
|
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Called up share capital not paid: |
|
|
|
Fixed assets | |||
Tangible assets: | 3 |
|
|
Total fixed assets: |
|
|
|
Current assets | |||
Stocks: | 4 |
|
|
Debtors: | 5 |
|
|
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 6 |
(
|
(
|
Net current assets (liabilities): |
( |
|
|
Total assets less current liabilities: |
|
|
|
Creditors: amounts falling due after more than one year: | 7 |
(
|
(
|
Total net assets (liabilities): |
( |
( |
|
Capital and reserves | |||
Called up share capital: |
|
|
|
Profit and loss account: |
( |
( |
|
Total Shareholders' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 January 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
Valuation information and policy
Other accounting policies
for the Period Ended 30 January 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 30 January 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 31 January 2023 |
|
|
|
|
|
|
Additions | ||||||
Disposals | ||||||
Revaluations |
|
|
|
|
||
Transfers | ||||||
At 30 January 2024 |
|
|
|
|
|
|
Depreciation | ||||||
At 31 January 2023 |
|
|
|
|
|
|
Charge for year |
|
|
|
|
|
|
On disposals | ||||||
Other adjustments | ||||||
At 30 January 2024 |
|
|
|
|
|
|
Net book value | ||||||
At 30 January 2024 |
|
|
|
|
|
|
At 30 January 2023 |
|
|
|
|
|
for the Period Ended 30 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Stocks |
|
|
Total |
|
|
for the Period Ended 30 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade debtors |
|
|
Total |
|
|
for the Period Ended 30 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Amounts due under finance leases and hire purchase contracts |
|
|
Taxation and social security |
|
|
Accruals and deferred income |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 30 January 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
|
|
Other creditors |
|
|
Total |
|
|
for the Period Ended 30 January 2024
Name of director receiving advance or credit: |
|
Description of the transaction: | |
|
|
£ | |
---|---|
Balance at 30 January 2023 |
|
Advances or credits made: | |
Advances or credits repaid: |
|
Balance at 30 January 2024 |
|
Commonground Coventry.C.I.C was made a community interest company in February 2024 for the purpose of Providing an arts centre with focus on giving access to high quality art within the community through exhibitions, events and education. Since then, we have continued to exhibit high profile artwork by nationally recognised photographers and writers accompanied with workshops and talks that have been free andaccessible to all. We have done this in collaboration with ongoing partnerships with several Universities including Goldsmiths and Warwick. We have also exhibited the work of local, neurodivergent, artists working alongside other organisations including The Arts Council. Again, these exhibitions were open to all with no financial or physical barriers in place. We have hosted events for a variety of community groups and charitable organisations which have included film screenings, talks, poetry readings and book launches. These events have encouraged participation from the local and wider community encouraging ongoing connections to form after the events have ended. We have now appointed another director whose main role within the organisation is to build on these connections and develop further links within the community through a series of events and arts based programmes. No stakeholder consultation has been held but is planned for the end of our first year as a C.I.C. (Planned for January 2025). The three directors plus representatives from the groups we have worked with us this year, plus participants from the workshops and events will meet. We aim to gather feedback on this year’s progress, in order to plan for next year’s programme of events and how they can further support the groups we want to reach. We have, however, gathered data from some of the events we have held, including which communities are attending, how many people are visiting certain events and how they found out about the event in order to be more specific with how we reach certain people in the future. For example one exhibition was visited by 390 people over 8 days. With the busiest day coinciding with a feature on local BBC news but with further peaks when social media post were made. A feedback form has now been created to be used at all future events and workshops so that this data can be assessed more accurately.
No consultation with stakeholders
No remuneration was received
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: Katy Emma Rossin
Status: Director