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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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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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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Total net assets (liabilities): |
( |
( |
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Members' funds | |||
Profit and loss account: |
( |
( |
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Total members' funds: |
( |
( |
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
Turnover policy
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 debtors |
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Other debtors |
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Total |
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for the Period Ended 30 April 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Accruals and deferred income |
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Total |
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The company runs Fringe of Colour CIC, an arts project supporting Black people and People of Colour at arts festivals in Scotland and beyond. During the financial year 2023 – 2024, the company has benefitted the community in the following way: - Produced a week-long hybrid arts festival “Fringe of Colour Films” in Edinburgh at local community venue Summerhall, and online at www.fringeofcolour.co.uk. - Assisted a Scotland-based artist with production, to make a new film titled “Black Gold” (Ashanti Harris, 2023), which premiered at the festival in June 2023. - Ensured that every film in our festival programme was available with captions, BSL and audio descriptions. - Published new writing on our online publication platform, Fringe of Colour Responses. - Produced new podcast episodes accompanying the festival programme, from interviews with programmed filmmakers. - Provided BSL interpretation for all live events at the festival, working with local Interpreters of Colour where possible. - Provided performance and speaking opportunities to local Artists of Colour, including poets, arts practitioners, and local activists. - Provided free passes for festival attendees who needed them (36% of total festival passes). - Collaborated with local companies and organisations on community events, such as a community lunch, book stalls, and child care.
The company’s stakeholders are our festival attendees, local artists, international artists, festival contributors, and Scottish funding bodies – Creative Scotland, Screen Scotland, and Film Hub Scotland. Our funders received detailed Project Logs and reports after the festival ended, including information on attendees, how the project was executed, areas for improvement, and the project budget and expenditure. Festival attendees, artists, and contributors received regular updates and reviews, and were encouraged to provide feedback on their experiences, to be implemented into the company’s future work. We collected this information through anonymous in-person and digital questionnaires. Our research enabled us to identify which elements of the festival were most appreciated and what we should work on in future years (e.g., changes to programming, ease of communication, online festival navigation). We consider Fringe of Colour Films 2023 a pilot year for the festival in its hybrid format, and will use what we have learnt to develop our work further with future events and practices.
The director managed the Fringe of Colour festival, Fringe of Colour Films, and the related company projects. The director was paid £11,250 for consultancy fees for these services, no remuneration was received for director services.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
16 January 2025
And signed on behalf of the board by:
Name: Dr J Brough
Status: Director