MISSION LONDON CIC

Company limited by guarantee

Company Registration Number:
13866317 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

MISSION LONDON CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

MISSION LONDON CIC

Directors' report period ended 31 January 2024

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

Principal activities of the company

PRINCIPAL ACTIVITY Sound Recording And Music Publishing Act.



Directors

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

Athanasios Biris
Ioannis Balopitas


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
3 January 2025

And signed on behalf of the board by:
Name: Athanasios Biris
Status: Director

MISSION LONDON CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 21,171 11,347
Cost of sales: ( 3,568 ) ( 3,800 )
Gross profit(or loss): 17,603 7,547
Distribution costs: 0 0
Administrative expenses: ( 6,278 ) ( 3,872 )
Other operating income: 0 0
Operating profit(or loss): 11,325 3,675
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 11,325 3,675
Tax: ( 403 ) 0
Profit(or loss) for the financial year: 10,922 3,675

MISSION LONDON CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 2,119 4,805
Investments:   0 0
Total current assets: 2,119 4,805
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 403 ) ( 4,805 )
Net current assets (liabilities): 1,716 0
Total assets less current liabilities: 1,716 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: ( 1,716 ) 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

MISSION LONDON CIC

Balance sheet statements

For the year ending 31 January 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 3 January 2025
and signed on behalf of the board by:

Name: Athanasios Biris
Status: Director

The notes form part of these financial statements

MISSION LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Tangible fixed assets depreciation policy

    Tangible fixed assets Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Fixtures and fittings - 25% on reducing balance

MISSION LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 1

MISSION LONDON CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 403 4,805
Total 403 4,805

COMMUNITY INTEREST ANNUAL REPORT

MISSION LONDON CIC

Company Number: 13866317 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

By promoting music as one of the activities people choose for improving mental health and as an opportunity to enhance life skills, people-skills, and employability in the creative economy. We provided targeted services and created a platform to enable individuals from within the North London region to express themselves in a creative space that is safe, positive, and welcoming. we have developed MISSION LONDON CIC as a contributor to the wider community by being receptive to many different styles of music and to allow other aspects of the creative industries such as film and media production, and the visual arts to positively influence opportunities for cross-disciplinary exchanges that involve musicians based in North London with the wider arts community.

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
3 January 2025

And signed on behalf of the board by:
Name: Athanasios Biris
Status: Director