KBSK PERFORMING ARTS CIC

Company limited by guarantee

Company Registration Number:
11306102 (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

KBSK PERFORMING ARTS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KBSK PERFORMING ARTS CIC

Balance sheet

As at 30 April 2024

Notes 2024 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: 32,103 51,590
Investments:   0 0
Total current assets: 32,103 51,590
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 32,312 ) ( 51,432 )
Net current assets (liabilities): (209) 158
Total assets less current liabilities: (209) 158
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (209) 158
Members' funds
Profit and loss account: (209) 158
Total members' funds: ( 209) 158

The notes form part of these financial statements

KBSK PERFORMING ARTS 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 13 December 2024
and signed on behalf of the board by:

Name: Adrienne Dove Armstrong
Status: Director

The notes form part of these financial statements

KBSK PERFORMING ARTS 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

KBSK PERFORMING ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

KBSK PERFORMING ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 975 1,469
Accruals and deferred income 31,337 49,963
Total 32,312 51,432

COMMUNITY INTEREST ANNUAL REPORT

KBSK PERFORMING ARTS CIC

Company Number: 11306102 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

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

Consultation with stakeholders

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.

Directors' remuneration

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.

Transfer of assets

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