SOUTHPORT JAZZ EVENTS CIC

Company limited by guarantee

Company Registration Number:
14047442 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

SOUTHPORT JAZZ EVENTS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

SOUTHPORT JAZZ EVENTS CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 13 months to 30 April 2023


£

£
Turnover: 45,287 33,474
Cost of sales: ( 24,342 ) ( 18,626 )
Gross profit(or loss): 20,945 14,848
Distribution costs: 0 0
Administrative expenses: ( 21,691 ) ( 14,188 )
Other operating income: 0 0
Operating profit(or loss): (746) 660
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 14 ) ( 26 )
Profit(or loss) before tax: (760) 634
Tax: 0 ( 120 )
Profit(or loss) for the financial year: (760) 514

SOUTHPORT JAZZ EVENTS CIC

Balance sheet

As at 30 April 2024

Notes 2024 13 months to 30 April 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 6,633 4,249
Investments:   0 0
Total current assets: 6,633 4,249
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 6,264 ) ( 3,135 )
Net current assets (liabilities): 369 1,114
Total assets less current liabilities: 369 1,114
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 615 ) ( 600 )
Total net assets (liabilities): (246) 514
Members' funds
Profit and loss account: (246) 514
Total members' funds: ( 246) 514

The notes form part of these financial statements

SOUTHPORT JAZZ EVENTS CIC

Balance sheet statements

For the year ending 30 April 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 17 December 2024
and signed on behalf of the board by:

Name: Jeremy Murphy
Status: Director

The notes form part of these financial statements

SOUTHPORT JAZZ EVENTS CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Valuation information and policy

    The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

SOUTHPORT JAZZ EVENTS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 13 months to 30 April 2023
    Average number of employees during the period 2 2

SOUTHPORT JAZZ EVENTS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 30 April 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 120
Accruals and deferred income 0 0
Other creditors 6,264 3,015
Total 6,264 3,135

COMMUNITY INTEREST ANNUAL REPORT

SOUTHPORT JAZZ EVENTS CIC

Company Number: 14047442 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Since inception the Company has successfully put on several music events in the Southport area. These range from the 3 day Southport Jazz Festival which attracted over 2000 people many of which were from outside of the area and booked hotel rooms, restaurants and generally provided a boost for the local economy on what is the quietest weekend of the year for the town. The Company also put on free to attend music events for people to enjoy with refreshments also provided, these were specifically for the benefit of more elderly or disadvantaged people who ordinarily would not be able to attend any ticketed events. We have provided musicians for other community events and have formed an alliance with the newly reformed Sefton Youth Jazz orchestra to provide tuition, resources and support for the young musicians in this band.

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
17 December 2024

And signed on behalf of the board by:
Name: Jeremy Murphy
Status: Director