for the Period Ended 31 March 2024
Balance sheet | |
Additional notes | |
Community Interest Report |
As at
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Share premium account: |
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Profit and loss account: |
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Total Shareholders' funds: |
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The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 31 March 2024
Basis of measurement and preparation
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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Flat 70 C.I.C. is a non-profit arts organisation dedicated to holding function-fluid space for artists, cultural workers, and local residents of colour. Our mission is to create an accessible and supportive environment for emerging artists while fostering community engagement through cultural events, exhibitions, and educational initiatives. Over the past financial year, we have delivered several impactful programs that have directly benefited local artists and young people of colour in our community: 1. Showcasing Emerging Artists We hosted three exhibitions featuring the work of five young local artists of colour, providing them with a platform to showcase their talents, gain visibility, and connect with potential buyers. These exhibitions attracted a diverse audience, offering an important space for cultural exchange and creative appreciation. 2. Educational & Community Engagement Rehearsing Freedoms Workshop – We collaborated with a local charity to deliver a workshop as part of the Rehearsing Freedoms Festival, engaging 20 participants in discussions and creative practices centered on artistic freedom and self-expression. Culture Club Excursions – We organised two excursions to leading London art exhibitions, offering 40 young people free access to high-quality cultural experiences. These trips provided inspiration, exposure, and learning opportunities for participants who may not otherwise have access to such spaces. 3. Overall Reach & Community Impact Across all our events, we welcomed 150 attendees, fostering community connections and ensuring greater representation for artists and audiences of colour in the local arts scene. As we move forward, Flat 70 C.I.C. remains committed to expanding opportunities for local artists, increasing accessibility to cultural experiences, and strengthening the impact of our initiatives within the community.
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £2,128.70 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 January 2025
And signed on behalf of the board by:
Name: Senam Badu
Status: Director