MAKERS MEWS CIC

Company limited by guarantee

Company Registration Number:
14821372 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 24 April 2023

End date: 30 April 2024

MAKERS MEWS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MAKERS MEWS CIC

Balance sheet

As at 30 April 2024

Notes 2024


£
Current assets
Debtors: 3 90
Cash at bank and in hand: 2,362
Total current assets: 2,452
Creditors: amounts falling due within one year: 4 ( 2,452 )
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

MAKERS MEWS 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.

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 12 January 2025
and signed on behalf of the board by:

Name: Chloe Harriet Tingle
Status: Director

The notes form part of these financial statements

MAKERS MEWS 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

MAKERS MEWS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

MAKERS MEWS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024
£
Other debtors 90
Total 90

MAKERS MEWS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 1,852
Other creditors 600
Total 2,452

COMMUNITY INTEREST ANNUAL REPORT

MAKERS MEWS CIC

Company Number: 14821372 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Makers Mews is located in an old building in the centre of Ivybridge, renovated with recycled + repurposed materials, creating a space for local makers, designers + socially focused businesses to access workspace, hold classes, network + receive mentoring. We encourage connection, aim to prevent loneliness + reduce the negative impacts on mental health for the people running these organisations. The space enables Ivybridge’s community to learn new skills + embrace creativity, understanding the need for reuse + reduction in consumerism through community events, classes + reuse initiatives. Providing opportunities for connection, sharing skills + resources for all the community; supporting them to work together to tackle climate change + improve our local area. This year we have: Provided coworking space, hotdesking sessions, and facilitated group sessions tackling specific business hurdles. Hosted monthly Repair Cafes; a weekly tool sharing library collaborating with the Share Shed; a special toy fixing event after Christmas; and bike fixing and maintenance teaching during spring and summer funded by Big Bike Revival, all with the aim to assist the community in fixing their belongings and avoid buying new. Supported new and experienced artists to add revenue streams and enhance their engagement via sharing their skills in our community classroom. Highlighted to our audience, and built relationships with, the many other community endeavours, creative classes, and sustainable activities in our locality, via social media, newsletters, blog posts and our website. Hosted Clothes Swaps, which are a useful, accessible and a fun ‘small step’ in reducing consumption, whilst building connections in the community. In 23-24, we reached 244 individuals: 41 through our classes, 6 paying customers in our coworking space, 177 through our community events e.g. Repair cafe, share shed and clothes swaps and 20 volunteers/staff members.

Consultation with stakeholders

Makers Mews CIC consulted with all stakeholders on a regular basis both formally and informally. Formal consultations utilised surveys which were tailored for each stakeholder and designed to identify needs in the community as well as reflecting on whether we were meeting our own values & mission. Staff - bi-weekly team meetings, quarterly strategy days, 1:1’s with a Director, annual appraisal Directors - all of the above plus monthly director’s meetings Local makers & artists (new & existing) - open days, networking events, social media interaction, online surveys, markets and festivals Class teachers and attendees - feedback surveys (online, printed and in person) Project partners - feedback surveys (online, printed and in person) Volunteers - Repair Cafe volunteers meet monthly with ongoing group messaging, venue volunteers via 1:1 in person and online Coworkers - monthly check in for long term members, monthly Accountability Alliance sessions, daily chats and exit interviews Ivybridge residents and community groups - community survey both online and in-person at community events, attending events and networking Social Enterprises and Entrepreneurs - Industry events, hosting networking discussions Funders - communication specific to each funding provider Trainers - communication specific to each training provider The Makers Mews team is part of its stakeholder community, with staff and directors being entrepreneurs, Social Enterprise mentors, designers/makers, teachers, freelancers and Ivybridge residents. Over 100 people attended our first Open Day, with attendees describing it as “really friendly and inspiring”. Seeking their input, we used suggestions to run successful classes on book binding, illustration, life drawing, wire writing, fermenting & more. Respondents to post event surveys unanimously agreed that we helped them connect with others and appreciated using everyday materials to make something of value.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £800.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 January 2025

And signed on behalf of the board by:
Name: Chloe Harriet Tingle
Status: Director