ART IN THE DOCKS CIC

Company limited by guarantee

Company Registration Number:
14149396 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

ART IN THE DOCKS CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

ART IN THE DOCKS CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 13 months to 30 June 2023


£

£
Turnover: 121,207 36,850
Cost of sales: ( 48,887 ) ( 10,326 )
Gross profit(or loss): 72,320 26,524
Administrative expenses: ( 60,571 ) ( 26,015 )
Operating profit(or loss): 11,749 509
Profit(or loss) before tax: 11,749 509
Tax: ( 2,485 )
Profit(or loss) for the financial year: 9,264 509

ART IN THE DOCKS CIC

Balance sheet

As at 30 June 2024

Notes 2024 13 months to 30 June 2023


£

£
Fixed assets
Tangible assets: 3 356 475
Total fixed assets: 356 475
Current assets
Debtors: 4 26,690 3,885
Cash at bank and in hand: 43,963 24,427
Total current assets: 70,653 28,312
Creditors: amounts falling due within one year: 5 ( 61,236 ) ( 28,278 )
Net current assets (liabilities): 9,417 34
Total assets less current liabilities: 9,773 509
Total net assets (liabilities): 9,773 509
Members' funds
Profit and loss account: 9,773 509
Total members' funds: 9,773 509

The notes form part of these financial statements

ART IN THE DOCKS CIC

Balance sheet statements

For the year ending 30 June 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 17 January 2025
and signed on behalf of the board by:

Name: Christopher Mike
Status: Director

The notes form part of these financial statements

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 25% Reducing Balance

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 13 months to 30 June 2023
    Average number of employees during the period 0 0

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 600 600
Additions
Disposals
Revaluations
Transfers
At 30 June 2024 600 600
Depreciation
At 1 July 2023 125 125
Charge for year 119 119
On disposals
Other adjustments
At 30 June 2024 244 244
Net book value
At 30 June 2024 356 356
At 30 June 2023 475 475

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 13 months to 30 June 2023
£ £
Other debtors 26,690 3,885
Total 26,690 3,885

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 30 June 2023
£ £
Taxation and social security 2,485
Accruals and deferred income 25,754 14,390
Other creditors 32,997 13,888
Total 61,236 28,278

ART IN THE DOCKS CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

6. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
Advance from Directors
£
Balance at 30 June 2023 13,638
Advances or credits made: 7,201
Advances or credits repaid: 13,638
Balance at 30 June 2024 7,201

COMMUNITY INTEREST ANNUAL REPORT

ART IN THE DOCKS CIC

Company Number: 14149396 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The enterprise continues to focus on cultural levelling up activities within Newham and historic Royal Docks areas of East London, making art and culture accessible to people who otherwise feel excluded, reducing barriers to participation and adding to a sense of inclusiveness Increased provision for younger children, schools, youth groups and families has been made, along with regular free to access events and opportunities to engage in creative activity to combat social isolation. Likewise, provision has been made for people dealing with the effects of long-term illness / stroke. The organisation was commissioned to deliver the Newham Enrichment programme. Activities were extended to include craft-based skills, theatre and dance performance.

Consultation with stakeholders

The organisation is represented in, and regularly contributes to various community groups and steering committees. Guidance and feedback is received from local residents groups, local schools, and a student committee comprised of students from six London universities.

Directors' remuneration

Shown in the income statement (profit and loss) under Directors Remuneration

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Christopher Mike
Status: Director