SMILE MUSICAL YOUTH THEATRE C.I.C.

Company limited by guarantee

Company Registration Number:
14688959 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 25 February 2023

End date: 28 February 2024

SMILE MUSICAL YOUTH THEATRE C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

SMILE MUSICAL YOUTH THEATRE C.I.C.

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Directors

The directors shown below have held office during the whole of the period from
25 February 2023 to 28 February 2024

Joe Logan
Sarah Jennings
Ella Daire


Secretary Sophie Richards

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
21 November 2024

And signed on behalf of the board by:
Name: Joe Logan
Status: Director

SMILE MUSICAL YOUTH THEATRE C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2024

2024


£
Turnover: 26,628
Cost of sales: ( 24,341 )
Gross profit(or loss): 2,287
Operating profit(or loss): 2,287
Profit(or loss) before tax: 2,287
Profit(or loss) for the financial year: 2,287

SMILE MUSICAL YOUTH THEATRE C.I.C.

Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 2,287
Investments:   0
Total current assets: 2,287
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 2,287
Total assets less current liabilities: 2,287
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Total net assets (liabilities): 2,287
Members' funds
Profit and loss account: 2,287
Total members' funds: 2,287

The notes form part of these financial statements

SMILE MUSICAL YOUTH THEATRE 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 25 November 2024
and signed on behalf of the board by:

Name: Sarah Jennings
Status: Director

The notes form part of these financial statements

SMILE MUSICAL YOUTH THEATRE 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 Financial Reporting Standard 101

SMILE MUSICAL YOUTH THEATRE C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 8

    As a company, we use a number of freelancers and self-employed individuals, as well as our permanent creative team of 3 people.

COMMUNITY INTEREST ANNUAL REPORT

SMILE MUSICAL YOUTH THEATRE C.I.C.

Company Number: 14688959 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

In the financial year 2023-2024, Smile Musical Youth Theatre (SMYT) has continued to deliver significant benefits to the local community, providing creative opportunities, cultural enrichment, and social engagement for people of all ages. Key Achievements: 1. Youth Development: SMYT engaged young people aged 11-19 in theatrical productions, offering skill development in acting, singing, dancing and teamwork, alongside boosting confidence and self-expression. 2. Community Collaboration: We partnered with Sandwell Council on several community initiatives, including celebrations for the King’s Coronation and Sandwell Pride, strengthening our ties to the local area and fostering inclusivity. We also worked with West Brom Bid to support in a number of community events, including their Christmas Lights Switch On. 3. Cultural Contributions: Through performances such as We Will Rock You and Pinocchio we welcomed over 1,000 audience members, bringing affordable, high-quality theatre to the community and promoting arts appreciation. 4. Volunteer Opportunities: With the support of many dedicated volunteers, we created a space for community members to contribute to and gain experience in event organisation and stagecraft. We have provided training opportunities and other skills progression opportunities to a range of people from ages 17+. Smile Musical Youth Theatre remains committed to enriching lives through the performing arts and fostering a thriving, inclusive community.

Consultation with stakeholders

The company's stakeholders form the production team, committee and parents of our members. The directors of the company have a rich training and expertise in all aspects of performing arts, allowing them to pass on their knowledge and experience to the cast members, volunteers and other members of the community. The directors meet monthly with the committee members, made up of volunteers, to consistently reflect on and improve what the company offers to its members and the community. We have introduced member representatives to allow the members to feedback in an open and supportive manner to improve communication and what is offered to the members. We will regularly ask the members for their ideas and suggestions of activities and ways to improve for each of the young people. As a company, we offer a robust welfare support to all of our members, ensuring our members are fully safeguarded and protected as required. This is to ensure that members feel safe and supported whilst in our care. Directors will also offer education, careers and university advice when asked to ensure transitions from different education stages are supported as fully as possible. We meet with parents in a formal manner twice a year, to share and communicate what's happening within the company. Alongside this, we meet with parents and family members as and when required to ensure that we are able to meet the needs of the members in the best way possible.

Directors' remuneration

Sarah Jennings - £200 over the year. Ella Daire - £200 over the year. Joe Logan - £0 over the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 November 2024

And signed on behalf of the board by:
Name: Joe Logan
Status: Director