MIRROR AND MOUNTAIN C.I.C.

Company limited by guarantee

Company Registration Number:
14560982 (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

MIRROR AND MOUNTAIN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

MIRROR AND MOUNTAIN C.I.C.

Directors' report period ended 31 December 2024

The directors present their report with the financial statements of the company for the period ended 31 December 2024

Political and charitable donations

No charitable or political donations were made during this period.



Directors

The director shown below has held office during the whole of the period from
1 January 2024 to 31 December 2024

Toby Michael Wilson


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
28 January 2025

And signed on behalf of the board by:
Name: Toby Michael Wilson
Status: Director

MIRROR AND MOUNTAIN C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 3 264
Cost of sales: ( 2 ) ( 114 )
Gross profit(or loss): 1 150
Administrative expenses: ( 260 ) ( 3,605 )
Other operating income: 365 3,395
Operating profit(or loss): 106 (60)
Profit(or loss) before tax: 106 (60)
Profit(or loss) for the financial year: 106 (60)

MIRROR AND MOUNTAIN C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 32 90
Total current assets: 32 90
Net current assets (liabilities): 32 90
Total assets less current liabilities: 32 90
Creditors: amounts falling due after more than one year: 3 0 ( 150 )
Total net assets (liabilities): 32 (60)
Members' funds
Profit and loss account: 32 ( 60)
Total members' funds: 32 (60)

The notes form part of these financial statements

MIRROR AND MOUNTAIN 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.

This report was approved by the board of directors on 28 January 2025
and signed on behalf of the board by:

Name: Toby Michael Wilson
Status: Director

The notes form part of these financial statements

MIRROR AND MOUNTAIN 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

MIRROR AND MOUNTAIN 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 1 1

MIRROR AND MOUNTAIN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 0 150
Total 0 150

COMMUNITY INTEREST ANNUAL REPORT

MIRROR AND MOUNTAIN C.I.C.

Company Number: 14560982 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The company (MM) was largely inactive in 2024 in relation to its primary activity of serving as an online music platform through which musicians can upload, sell and distribute their music while also donating a portion of their income from sales to a charitable fund of their choice. Following an initial 'pilot' phase which ran through 2023, MM made the decision to temporarily take the platform offline in order to implement a series of enhancements and new features influenced primarily by feedback given by our users and charitable stakeholders. These include, for example, the ability upload higher-quality audio files, a more streamlined system for making donations and improved overall website performance. Throughout 2024, MM has been working to redesign our core platform utilising technologies that will deliver on this feedback. We anticipate launching a new version of the platform in 2025. While our core platform has been out of service in 2024, we have continued our engagement with the music and charitable communities and have continued to support them through on-going communications and messaging through our social media channels. For example, in December 2024, we engaged our network of musicians to help fundraise for our beneficiary charity organisations in support of the annual 'Big Give.' In this way, we have continued to work on delivering our overall mission of enabling a collaboration between 'the arts' and charitable organisations and causes.

Consultation with stakeholders

The company's key stakeholders are the music community and charitable organisations - specifically those that have joined our platform as a beneficiary. Throughout 2024, we have engaged with a group of our platform's key user groups including individuals from both communities. They have provided invaluable feedback in relation to the goals of our platform and we are now actively working that feedback into how we are redesigning in to relaunch in 2025. Additionally, while our core service has been inactive through 2024, we have actively sought to work with our charitable beneficiaries to support them in relation to fundraising events by sharing their content through the company's social media channels. We have done the same to support the musicians who signed up to use our platform in 2023 and proactively continued promoting their work on our own channels while we work behind the scenes to redevelop our core platform.

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
28 January 2025

And signed on behalf of the board by:
Name: Toby Michael Wilson
Status: Director