ASPIRE PRODUCTIONS C.I.C.

Company limited by guarantee

Company Registration Number:
13916587 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

ASPIRE PRODUCTIONS C.I.C.

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

ASPIRE PRODUCTIONS C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 6,415 0
Cost of sales: 0 0
Gross profit(or loss): 6,415 0
Administrative expenses: ( 7,245 ) 0
Operating profit(or loss): (830) 0
Profit(or loss) before tax: (830) 0
Profit(or loss) for the financial year: (830) 0

ASPIRE PRODUCTIONS C.I.C.

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 7,192 5,222
Total fixed assets: 7,192 5,222
Current assets
Cash at bank and in hand: 63 115
Total current assets: 63 115
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 63 115
Total assets less current liabilities: 7,255 5,337
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): 7,255 5,337
Members' funds
Profit and loss account: 7,255 5,337
Total members' funds: 7,255 5,337

The notes form part of these financial statements

ASPIRE PRODUCTIONS 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 30 November 2024
and signed on behalf of the board by:

Name: Matthew Avstreih
Status: Director

The notes form part of these financial statements

ASPIRE PRODUCTIONS 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 Section 1A (Small Entities) of Financial Reporting Standard 102

ASPIRE PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

ASPIRE PRODUCTIONS C.I.C.

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 5,222 5,222
Additions 1,970 1,970
Disposals
Revaluations
Transfers
At 28 February 2024 7,192 7,192
Depreciation
At 1 March 2023
Charge for year
On disposals
Other adjustments
At 28 February 2024
Net book value
At 28 February 2024 7,192 7,192
At 28 February 2023 5,222 5,222

COMMUNITY INTEREST ANNUAL REPORT

ASPIRE PRODUCTIONS C.I.C.

Company Number: 13916587 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

This year Aspire Productions has carried out a number of projects within the local community focusing on music development and creative expression primarily within the black and ethnic minority communities. This has included a program working with young asylum seekers where they were taught basic instrument skills and studio basics. Aspire has also been able to offer many subtilised studio sessions during the year, working with those who have been through the criminal justice system as well as those who are at risk of the same. Aspire has also begun developing young people to be able to offer paid work within the studio setting, something that will be developed for the coming year.

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
30 November 2024

And signed on behalf of the board by:
Name: Matthew Avstreih
Status: Director