for the Period Ended 28 November 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 November 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 December 2022
to
28 November 2023
The director shown below has held office during the period of
1 December 2022
to
1 March 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
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( |
Interest receivable and similar income: |
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Interest payable and similar charges: |
(
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Profit(or loss) before tax: |
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( |
Tax: |
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Profit(or loss) for the financial year: |
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( |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
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£ |
£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: | 4 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 5 |
(
|
(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
( |
( |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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||
Total net assets (liabilities): |
( |
( |
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Members' funds | |||
Profit and loss account: |
( |
( |
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Total members' 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 28 November 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 28 November 2023
2023 | 2022 | |
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Average number of employees during the period |
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for the Period Ended 28 November 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 December 2022 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 28 November 2023 |
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Depreciation | ||||||
At 1 December 2022 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 28 November 2023 |
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Net book value | ||||||
At 28 November 2023 |
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At 30 November 2022 |
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for the Period Ended 28 November 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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|
for the Period Ended 28 November 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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We are 1520 studios, a Community Interest Company that was founded in November 2020. A space in central Manchester that was created to serve and support the local creative community and give local residents access to film, photography and editing equipment. We were founded to empower, support and encourage the creative community of Manchester by offering affordable studio and desk space, providing local residents and organisations with a space to run workshops and events, and offering training in our film studio, recording studio and editing suite to local residents who wouldn’t otherwise have access. Our mission, to empower and encourage Manchester’ creative community, while also supporting local residents, has informed everything we have done since then. As we have grown as an organisation so has our family of artists and creatives and with it our ability to support and uplift these communities. We have received funding from supportive organisations and funding bodies along the way which has allowed us to deliver projects and programmes directly focused on the communities we serve. We hope to continue growing as an organisation and to continue uplifting, supporting and empowering the people of Manchester by helping them reach their creative
No consultation with stakeholders
Director salary amount can be found on the profit or loss of company accounts
No transfer of assets other than for full consideration
This report was approved by the board of directors on
26 December 2024
And signed on behalf of the board by:
Name: James Eddisford
Status: Director