PINK SUITS CIC

Company limited by guarantee

Company Registration Number:
13324445 (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

PINK SUITS CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

PINK SUITS CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The company's principal activity during the year continued to be providing musical and art activities

Political and charitable donations

no donations made



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Jordan Alan Lennie
Rachel marie Prendergast


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
13 January 2025

And signed on behalf of the board by:
Name: Jordan Alan Lennie
Status: Director

PINK SUITS CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 74,823 59,943
Cost of sales: ( 67,344 ) ( 28,256 )
Gross profit(or loss): 7,479 31,687
Distribution costs: 0 0
Administrative expenses: ( 36,857 ) ( 22,543 )
Other operating income: 29,495
Operating profit(or loss): 117 9,144
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 117 9,144
Tax: 0
Profit(or loss) for the financial year: 117 9,144

PINK SUITS CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,414 1,768
Total fixed assets: 1,414 1,768
Current assets
Cash at bank and in hand: 16,356 30,293
Total current assets: 16,356 30,293
Creditors: amounts falling due within one year: 4 ( 17,389 ) ( 31,797 )
Net current assets (liabilities): (1,033) (1,504)
Total assets less current liabilities: 381 264
Total net assets (liabilities): 381 264
Members' funds
Profit and loss account: 381 264
Total members' funds: 381 264

The notes form part of these financial statements

PINK SUITS 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.

This report was approved by the board of directors on 13 January 2025
and signed on behalf of the board by:

Name: Jordan Alan Lennie
Status: Director

The notes form part of these financial statements

PINK SUITS 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimat

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life

PINK SUITS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

PINK SUITS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 2,210 2,210
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 2,210 2,210
Depreciation
At 1 May 2023 442 442
Charge for year 354 354
On disposals
Other adjustments
At 30 April 2024 796 796
Net book value
At 30 April 2024 1,414 1,414
At 30 April 2023 1,768 1,768

PINK SUITS CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 14,615 29,528
Other creditors 2,774 2,269
Total 17,389 31,797

COMMUNITY INTEREST ANNUAL REPORT

PINK SUITS CIC

Company Number: 13324445 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company’s activities will benefit people of all ages- arts enthusiasts, theatre goers and music audiences, particularly the LGBT community and other community groups throughout the United Kingdom and abroad. To create, present, promote, organise, manage and distribute performances, including but not limited to dance and theatre, live, art, music performance, film, photography and art installations. The company’s activities will improve community interaction and cohesion through the triggering of debate and reflection through engagement of the audience with the arts. The company’s work addresses important issues which effect the wider community, including identity and health and social welfare as well as organising and managing community events supporting and benefiting LGBTQIA artists, performers and audiences.

Consultation with stakeholders

Routine consultations have taken place with all relevant stakeholders and action plan have been put in place accordingly.

Directors' remuneration

Total renumeration received by all directors combined was £15688 for performance of their duties toward the company.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Jordan Alan Lennie
Status: Director