OXFORD ART SOCIETY C.I.C.

Company limited by guarantee

Company Registration Number:
13511032 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

OXFORD ART SOCIETY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

OXFORD ART SOCIETY C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 260 352
Cash at bank and in hand: 28,501 21,359
Total current assets: 28,761 21,711
Creditors: amounts falling due within one year: 4 ( 2,616 ) ( 979 )
Net current assets (liabilities): 26,145 20,732
Total assets less current liabilities: 26,145 20,732
Total net assets (liabilities): 26,145 20,732
Members' funds
Profit and loss account: 26,145 20,732
Total members' funds: 26,145 20,732

The notes form part of these financial statements

OXFORD ART SOCIETY C.I.C.

Balance sheet statements

For the year ending 31 December 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 20 January 2025
and signed on behalf of the board by:

Name: Deborah Digby
Status: Director

The notes form part of these financial statements

OXFORD ART SOCIETY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

OXFORD ART SOCIETY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

OXFORD ART SOCIETY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 260 352
Total 260 352

OXFORD ART SOCIETY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 151
Taxation and social security 596
Accruals and deferred income 2,020 828
Total 2,616 979

COMMUNITY INTEREST ANNUAL REPORT

OXFORD ART SOCIETY C.I.C.

Company Number: 13511032 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The Oxford Art Society CIC exists to encourage and promote the practice of the Fine Arts by artists living within a 30 mile radius of Oxford. It arranges two exhibitions a year: the Members' Exhibition held in the spring and the Open Exhibition held in the late summer/autumn. Members are invited to the private views of these exhibitions and are encouraged to become involved with exhibition organisation. There is an annual New Members' tea party and a Members' summer party. It is ran by a committee which meets six times a year.

Consultation with stakeholders

The Oxford Art Society CIC communicates with its members through two newsletters a year and through the OAS website which is regularly updated.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Deborah Digby
Status: Director