PROJECT X DANCE CIC

Company limited by guarantee

Company Registration Number:
SC629058 (Scotland)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

PROJECT X DANCE CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

PROJECT X DANCE CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 79,133 45,370
Gross profit(or loss): 79,133 45,370
Administrative expenses: ( 79,049 ) ( 42,961 )
Operating profit(or loss): 84 2,409
Profit(or loss) before tax: 84 2,409
Profit(or loss) for the financial year: 84 2,409

PROJECT X DANCE CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 49,019 26,218
Total current assets: 49,019 26,218
Creditors: amounts falling due within one year: 3 ( 50,916 ) ( 28,198 )
Net current assets (liabilities): (1,897) (1,980)
Total assets less current liabilities: (1,897) ( 1,980)
Total net assets (liabilities): (1,897) (1,980)
Members' funds
Profit and loss account: (1,897) ( 1,980)
Total members' funds: ( 1,897) (1,980)

The notes form part of these financial statements

PROJECT X DANCE 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 21 January 2025
and signed on behalf of the board by:

Name: Rhea Lewis
Status: Director

The notes form part of these financial statements

PROJECT X DANCE 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

PROJECT X DANCE 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 3

PROJECT X DANCE CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 50,916 28,198
Total 50,916 28,198

COMMUNITY INTEREST ANNUAL REPORT

PROJECT X DANCE CIC

Company Number: SC629058 (Scotland)

Year Ending: 30 April 2024

Company activities and impact

In the financial year ending April 2024 Project X delivered the following activity to the benefit of its community: Artist Voice - Residencies, Performances, Rosina Bonsu Bursary: - Artist Voice residencies took place from October 2023 to April 2024 in collaboration with the Work Room and Tramway. - Collaborated with the Work Room to award the Rosina Bonsu bursary to an artist of colour - Salma Faraji. The late Rosina Bonsu was a pioneering choreographer, movement director, teacher and mentor. She has left a last legacy to the Performance community and has deeply influenced our work at Project X. Through supporting this Bursary and including it as part of our programme, contributes to the legacy of a pioneering artist and repertoire of work by Black and artists of Colour in Scotland for generations to come. - 2 local artists were selected - Gaia Silvan, recent graduate of Royal Conservatoire of Scotland and Marios Ento-Engkolo, early career choreographer and performer - The choreographic platform took place on 5th and 6th April 2024 at Tramway, T4 to a sell out intergenerational audience. - All artists received creative mentorship from Mele Broomes (established creative director, choreographer) - Increased access for audiences: BSL integrated performances and BSL interpreted post-show discussion. - We also recruited an artist filmmaker TJ Sedisa of Noir.Media to document the performances and the footage has been given to the artists. This is really invaluable for them being able to progress the work in future as well as keep for archival purposes. Business Development and Core Team Activities: -Business Plan: During this time, we created a new business plan with a vision for 2025-2028. - Fundraising: During this time Co-Directors spent a considerable amount of time on financial sustainability of the organisation including successful submission to Creative Scotland for our Community Hub (started in May 2024), alongside preparing a bid for Multi-Year Funding (at time of writing we are awaiting decision). - Training: Co-team undertook First Aid training. Co-Director Ashanti took part in the Jerwood Foundation Toolkit workshop (we incorporated some of the learning into our business strategy days). Co-Director Rhea participated in the Clore Leadership Pulse course, this was invaluable and timely ahead of us submitting to Multi-Year Fund stage 2 as well as recruitment procedures. - New Office - we moved into a new office space. Alongside our day-day activities, we have been able to host meetings, as well as support artists, access the rehearsal space and pilot hot-desking. Going forward we are exploring how to make this resource more available to our artist network. - Policies - This year we enhanced our policies and strategy including our Fair Work and Environmental Sustainability plans (we are now a member of the Green Artist Initiative). Benefits to Community: Through our residency programme and production, 3 artists have been supported to create new works. Artist Voice ran like a professional theatre production. The artists were in a period of development in the studio to develop their concept and ideas in collaboration with mentor and creative team. Each artist was supported to learn through doing, how to evolve their idea with choreographic movement, sound and costume. The artists (who whilst all have experience performing have had less opportunities as lead artists) worked with a lighting designer earlier in the process and had an experimentation week, through these elements they were able to develop their skills in collaboration, creative direction, creative problem solving and how to communicate their concepts to work with wider team to realise the artistic ambition. This programme has supported the inception of 3 new works which are now ready to go on to their next stages of development and then into production. Inviting industry to the events, also has supported a Project X methodology of supported artist development that can culminate in an array of new contemporary performances by BPoC artists. Through the residency and choreographic platform we worked with 20 artists. A key element to the programme was to provide supported professional development roles for 3 early career artists - Assistant Costume Designer, Assistant Lighting Designer and a Masters Student Placement. These creatives now have experience which will support them in their careers as well as build a network of collaborators who are at similar stages to themselves. New audiences to venues: We continue to bring new audiences to cultural venues like Tramway. We are considered in our approach to audience development, understand the many barriers. We work with the venue to make a welcoming atmosphere to audiences - this involves alot of care and labour in communicating to all key venue staff (FOH, Box Office, Hospitality, Marketing, Production). Community reflections on Artist Voice: “Now that was amazing. The work Project X does is invaluable, no where else can you see and support new work like this, held and presented so abundantly. Really really great” “I felt nourished and part of a community that reflects me and hears me, and I can reflect and hear them. I loved to be able to witness others in their process and support them to be and become in truth and honesty and vulnerability. It was a kind atmosphere. Very lovely. Thank you to all the artists <3” “It was amazing and so accessible for me a Deaf BSL” “This was amazing! The works were all so beautiful, felt complex + generous. Thank you so much. Coming to Project X events is a total gift.” Additional Benefits to our Community: - Artists feel a sense of community and support from those who can identify with their experiences. - Artists are supported to grow creatively and professionally in a way that is meaningful. - Participating artists gain developed confidence and build resilience to better access other artistic opportunities through being in a safe, inclusive space for people of colour. - Increased visibility through access to prominent creative platforms. - Artists and practitioners are supported to develop new as well as nurture existing partnerships and collaborations. - Build connection to the dance sector and opportunities that artists previously felt excluded from. - We amplify the voices and artistry of people of the African and Caribbean diaspora, facilitating and supporting opportunities for them to showcase their work and development opportunities supporting them to reach their full potential as individual artists and practitioners We continue to act as a bridge between independent artists and the wider sector - increasing inclusion and better representation of BPOC artists and contemporary dance forms of the African and Caribbean diaspora.

Consultation with stakeholders

The company’s stakeholders are artists, communities and individuals in Scotland who identify as Black, People of colour (BPOC) and/or with heritage from African and the Caribbean; and the dance and performance industry in Scotland. We ask all participants in our activities and opportunities to complete feedback surveys about their experience of sessions and invite comments for how we can develop our activity. We also conduct in person debriefs with the artists we work with. Our programmes are delivered in consultation and collaboration with a wider community of freelance artists, producers and practitioners who we report to and who in turn contribute to the governance of our organisation on an annual basis through our ‘artist away day’. The actions we have taken resulting from consultations have included: - Providing more 1-2-1 consultations - Designing and facilitating gathering moments for our community - Successful fundraising bids to develop programmes to have more showcasing opportunities, and professional development opportunities - While we can act as a bridge, we also understand our role can sometimes be a shield to reduce harm that comes from the wider sector to our community and individuals within it - Centring care and wellbeing within all aspects of delivery - Continuing to amplify the incredible artists who are the storytellers of our community

Directors' remuneration

The aggregate amount of transactions paid to or receivable by directors in respect of qualifying services was £19,800

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Rhea Lewis
Status: Director