THE LUBBER FIEND C.I.C.

Company limited by guarantee

Company Registration Number:
13314395 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

THE LUBBER FIEND C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE LUBBER FIEND C.I.C.

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Mr Samuel Booth
Mr Thomas Hopkin


The director shown below has held office during the period of
1 May 2023 to 10 March 2024

Mr Stephen Bishop


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: Mr Samuel Booth
Status: Director

THE LUBBER FIEND C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 41,462 42,451
Total fixed assets: 41,462 42,451
Current assets
Cash at bank and in hand: 7,775 10,038
Total current assets: 7,775 10,038
Creditors: amounts falling due within one year: 4 ( 96,376 ) ( 38,805 )
Net current assets (liabilities): (88,601) (28,767)
Total assets less current liabilities: (47,139) 13,684
Creditors: amounts falling due after more than one year: 5 ( 8,020 )
Total net assets (liabilities): (55,159) 13,684
Members' funds
Profit and loss account: (55,159) 13,684
Total members' funds: ( 55,159) 13,684

The notes form part of these financial statements

THE LUBBER FIEND C.I.C.

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.

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 28 January 2025
and signed on behalf of the board by:

Name: Mr Samuel Booth
Status: Director

The notes form part of these financial statements

THE LUBBER FIEND C.I.C.

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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% Reducing Balance Fixtures & Fittings 25% Reducing Balanc

    Other accounting policies

    2.2. Going Concern Disclosure The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate

THE LUBBER FIEND C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 4

THE LUBBER FIEND C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 3,711 56,075 59,786
Additions 10,189 10,189
Disposals
Revaluations
Transfers
At 30 April 2024 13,900 56,075 69,975
Depreciation
At 1 May 2023 934 16,401 17,335
Charge for year 1,259 9,919 11,178
On disposals
Other adjustments
At 30 April 2024 2,193 26,320 28,513
Net book value
At 30 April 2024 11,707 29,755 41,462
At 30 April 2023 2,777 39,674 42,451

THE LUBBER FIEND C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 14,081 4,797
Trade creditors 1 1
Taxation and social security 29,477 289
Accruals and deferred income 1,320 720
Other creditors 51,497 32,998
Total 96,376 38,805

THE LUBBER FIEND C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

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

2024
£
Bank loans and overdrafts 8,020
Total 8,020

COMMUNITY INTEREST ANNUAL REPORT

THE LUBBER FIEND C.I.C.

Company Number: 13314395 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The Lubber Fiend is a DIY Community music venue which hosts local, national and international performers as well as workshops, film screenings and social clubs. During the last financial year the companies activities have benefitted underrepresented musicians, promoters and audiences in the following ways: - Provide affordable venue hire with professional equipment, staging and sound technicians in a supportive and inclusive space - Offered networking opportunities for the community of musicians using the space - Created opportunities for a range of of people to learn skills related to live music events - Created opportunities to play on the same bill as international touring bands - Addressing issues of social exclusion by removing financial, social and psychological barriers to participation

Consultation with stakeholders

The companies stakeholders are the musicians, promoters and audience that engage with the space. As well as the committee that advise and help us make decisions and the staff that help run the venue. The directors of the business have been and continue to be deeply involved in this community of stakeholders at local, national and international level. We engage in person and through social media to get feedback and to understand what people want from the business. We also have a committee made up of people from a variety of backgrounds and experiences to help us make better informed decisions and address any oversights we may have. There are many examples of when we have listened to stakeholders, but to list a few; we have provided more lighting in stairwells, corridors and outside for safety and aesthetic concerns, worked with promoters on communicating our programme to avoid clashes, listened to staff about rotas, hours and staffing levels, improved the sonics of the venue space and offered more shadowing time for early career sound engineers.

Directors' remuneration

Directors Remunerations are shown within the annual accounts.

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: Samuel Booth
Status: Director