WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10776248 (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

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2024

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

Principal activities of the company

The principal activity of the company during the year under review was Arts Organisational Development



Directors

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

A.T. Evans
D. Gee
D. Trimble


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
30 November 2024

And signed on behalf of the board by:
Name: A.T. Evans
Status: Director

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 56,697 65,019
Cost of sales: ( 45,169 ) ( 52,591 )
Gross profit(or loss): 11,528 12,428
Distribution costs: ( 1,163 ) ( 2,876 )
Administrative expenses: ( 10,297 ) ( 9,539 )
Operating profit(or loss): 68 13
Profit(or loss) before tax: 68 13
Tax: ( 110 ) ( 119 )
Profit(or loss) for the financial year: (42) (106)

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,521 940
Total fixed assets: 1,521 940
Current assets
Debtors: 4 53 12,511
Cash at bank and in hand: 27,817 20,097
Total current assets: 27,870 32,608
Creditors: amounts falling due within one year: 5 ( 17,538 ) ( 21,764 )
Net current assets (liabilities): 10,332 10,844
Total assets less current liabilities: 11,853 11,784
Creditors: amounts falling due after more than one year: 6 ( 226 ) ( 178 )
Provision for liabilities: ( 289 ) ( 178 )
Total net assets (liabilities): 11,338 11,428
Members' funds
Profit and loss account: 11,338 11,428
Total members' funds: 11,338 11,428

The notes form part of these financial statements

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

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 30 November 2024
and signed on behalf of the board by:

Name: A.T. Evans
Status: Director

The notes form part of these financial statements

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Furniture, fittings and equipment 33% reducing balance

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

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 2,884 2,884
Additions 1,110 1,110
Disposals
Revaluations
Transfers
At 30 June 2024 3,994 3,994
Depreciation
At 1 July 2023 1,944 1,944
Charge for year 529 529
On disposals
Other adjustments
At 30 June 2024 2,473 2,473
Net book value
At 30 June 2024 1,521 1,521
At 30 June 2023 940 940

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 53 12,511
Total 53 12,511

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 221 486
Accruals and deferred income 17,317 21,278
Total 17,538 21,764

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2024

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

2024 2023
£ £
Other creditors 226 178
Total 226 178

COMMUNITY INTEREST ANNUAL REPORT

WE ARE EPIC INCLUSIVE ARTS COMMUNITY INTEREST COMPANY

Company Number: 10776248 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

This year We Are Epic have undertaken dance based activities with members of the disabled community in Kampot Cambodia, Bali and Java Indonesia and Leicester, UK. Working with leaders in each community to improve their approach to inclusion and access when delivering dance based workshops to disabled members of their communities. We have also been conducting mapping and research into the provisions in the above areas. We undertook seminars and led workshops in each of the countries named above and provided regular workshops and ongoing activities from our base at Attenborough Arts in Leicester.

Consultation with stakeholders

The We Are Epic advisory board contains members of the community who are registered as disabled. This is to ensure all our activities are led by stakeholders with the lived experience of disability. Our programmes are designed by people with disabilities for people with disabilities and therefore key voices are retained at the heart of our work. The thrust of the work in the last 12 months has been working with stakeholders in Indonesia to map the provision for disability dance in the country, whilst still maintaining our presence in the UK sector. We also work with families of our stakeholders to ensure our programmes work alongside participants home life and that beneficiaries are happy and thriving in our programmes

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
30 November 2024

And signed on behalf of the board by:
Name: A.T. Evans
Status: Director