SOUTHERN SKA COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
14352615 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

SOUTHERN SKA COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

SOUTHERN SKA COLLECTIVE CIC

Directors' report period ended 31 March 2024

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

Directors

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

Gary Ellis
Ruth Emery
Philippa Reece
James Richardson
Emilia Witkiewicz


The director shown below has held office during the period of
1 April 2023 to 19 September 2023

Julia Lowe


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
27 December 2024

And signed on behalf of the board by:
Name: Gary Ellis
Status: Director

SOUTHERN SKA COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 7 months to 31 March 2023


£

£
Turnover: 16,735 9,906
Cost of sales: ( 12,681 ) ( 6,192 )
Gross profit(or loss): 4,054 3,714
Administrative expenses: ( 4,300 ) ( 2,119 )
Operating profit(or loss): (246) 1,595
Profit(or loss) before tax: (246) 1,595
Tax: ( 303 )
Profit(or loss) for the financial year: (246) 1,292

SOUTHERN SKA COLLECTIVE CIC

Balance sheet

As at 31 March 2024

Notes 2024 7 months to 31 March 2023


£

£
Current assets
Stocks: 3 358 81
Debtors: 4 533 550
Cash at bank and in hand: 615 1,540
Total current assets: 1,506 2,171
Creditors: amounts falling due within one year: 5 ( 460 ) ( 879 )
Net current assets (liabilities): 1,046 1,292
Total assets less current liabilities: 1,046 1,292
Total net assets (liabilities): 1,046 1,292
Members' funds
Profit and loss account: 1,046 1,292
Total members' funds: 1,046 1,292

The notes form part of these financial statements

SOUTHERN SKA COLLECTIVE CIC

Balance sheet statements

For the year ending 31 March 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 27 December 2024
and signed on behalf of the board by:

Name: Gary Ellis
Status: Director

The notes form part of these financial statements

SOUTHERN SKA COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

SOUTHERN SKA COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 7 months to 31 March 2023
    Average number of employees during the period 0 0

SOUTHERN SKA COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Stocks

2024 7 months to 31 March 2023
£ £
Stocks 358 81
Total 358 81

SOUTHERN SKA COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 7 months to 31 March 2023
£ £
Prepayments and accrued income 533 550
Total 533 550

SOUTHERN SKA COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 7 months to 31 March 2023
£ £
Trade creditors 303
Taxation and social security 36
Accruals and deferred income 460 540
Total 460 879

COMMUNITY INTEREST ANNUAL REPORT

SOUTHERN SKA COLLECTIVE CIC

Company Number: 14352615 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Southern Ska Collective CIC (SSC) is a community space for adults based in the Portsmouth area. We have been established as a CIC since 13th September 2022. At SSC we believe in creating a welcoming, inclusive, happy and safe environment, nurturing the talents of our members. We aim to provide them with the opportunities and tools they need to succeed. As part of our commitment to their growth, we offer many performance opportunities at various local and regional events. We aim to ensure that we capture memories for both choir members and the viewing public. At SSC, we are committed to supporting the members in many ways. We offer: 1. Regular rehearsals with skilled choir directors and vocal coaches. 2. Opportunities to perform at public & private events. 3. Opportunities to take part in recording sessions at music studios.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Two of the Directors have been remunerated for their roles as choir facilitators. The payments are as follows: James Richardson - £5,200 Emilia Witkiewicz - £4,820

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 December 2024

And signed on behalf of the board by:
Name: Gary Ellis
Status: Director