for the Period Ended 30 April 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: |
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Debtors: |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 3 |
(
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(
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Net current assets (liabilities): |
( |
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Total assets less current liabilities: |
( |
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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
( |
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Total members' 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 30 April 2024
Basis of measurement and preparation
for the Period Ended 30 April 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 April 2024
2024 | 2023 | |
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£ | £ | |
Trade creditors |
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Accruals and deferred income |
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Total |
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At KBSK Performing Arts CIC, our mission is clear: we are dedicated to creating safe and inclusive spaces where every child, regardless of their background, can thrive. We are a not- for-profit organisation driven by the belief that the arts is a powerful tool to nurture self-esteem and unlock the full potential within each child. We believe every child deserves the right to access the arts. Our commitment extends beyond individual growth; we view ourselves as a support system for entire families, providing essential assistance during times of economic challenge. We touch the lives of hundreds of children and families, addressing the cost of living head-on. Above all, we hold the unshakable belief that every child matters and deserves equal opportunities to succeed. Through the transformative impact of the arts, we provide valuable life skills and empower young people to excel in all aspects of life paving the way for a brighter, more inclusive future for all young people, children and families. At KBSK, our mission is not just a statement; it is the driving force that guides us in our pursuit of a better, more equal society for every child. This has improved lives by the following: Increased access to the performing arts in areas of deprivation Providing support and self esteem building Performance opportunities Safe spaces for young people Supporting families during the cost of living May 2022 - 317 young people reached June 2022 - 334 young people reached July 2022 - 375 young people reached August 2022 -381 young people reached September 2022 - 319 young people reached October 2022 - 322 young people reached November 2022 - 272 young people reached December 2022 - 253 young people reached January 2023 - 316 young people reached February 2023 - 261 young people reached March 2023 - 453 young people reached April 2023 - 332 young people reached May 2023 - 317 young people reached
Our stakeholders are those that contribute towards our services and or are Impact ed in some way by our services, they include, The Directors, The Local Community, The Local Authority, Project Partners & Grant Providers. To enable us to achieve our objectives and to encourage continuous improvement within the organisation, we maintain regular lines of communication with all of the individuals or organisation who have contributed to or used our services. For example, a feedback form is sent to individuals who have participated in our training programmes, public consultations around key decisions on community projects and reports are produced upon the completion of a project to review its impact on the community and other stakeholders. Directors The directors are one of our key stakeholders and without them the key activities of the CIC would not go ahead. To consult between the director’s quarterly meetings are held to discuss organisation growth and directions, as well as reflecting on feedback from other stakeholders in addition to making plans as to how the organisation can reach the desired beneficiaries and achieve the outlined benefits. The purpose of such meetings is to ensure that all directors decisions are fully informed by the views of the company’s intended beneficiaries. Additionally, we have a website that is continuously updated by directors, this has allowed the organisation to provide information on projects, key decision, etc. and on an accessible and informative platform available for all stakeholders to access. The Local Community and Service users: We believe that it is essential to get the opinions and views of our service users and the local community to allow us to better understand the impact of our project but also to enable us to have a clearer idea of areas for improvement to ensure we remain on track to achieving our outlined objectives. To enable clarification around such points, regular communication with said stakeholders has been essential to our success, this has included seeking feedback forms from those that have been involved in a project allowing us to reflect on how it have impacted the individuals involved. Additional, often key decision relating to project we are working on are put to the local community to decide in the form of a poll. Furthermore, our website is regularly updated to include contact details for our projects to allow stakeholders to get in touch and express their views. Such Varied and regular methods of communication has allowed us to develop our understanding of what does and doesn’t work for our stakeholders and where feedback has been positive, we’ve maintained that element.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £22,845. See page3 in the annual accounts year ending 30 April 2024. 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
13 December 2024
And signed on behalf of the board by:
Name: Adrienne Dove Armstrong
Status: Director