EXMOOR STUDIOS CIC

Company limited by guarantee

Company Registration Number:
12453963 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 1 March 2023

End date: 29 February 2024

EXMOOR STUDIOS CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

EXMOOR STUDIOS CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024 2023


£

£
Turnover: 4,840 9,478
Cost of sales: ( 4,689 ) ( 7,330 )
Gross profit(or loss): 151 2,148
Administrative expenses: ( 977 ) ( 4,269 )
Operating profit(or loss): (826) (2,121)
Profit(or loss) before tax: (826) (2,121)
Profit(or loss) for the financial year: (826) (2,121)

EXMOOR STUDIOS CIC

Balance sheet

As at 29 February 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,225 1,455
Total fixed assets: 1,225 1,455
Current assets
Cash at bank and in hand: 65 1,042
Total current assets: 65 1,042
Net current assets (liabilities): 65 1,042
Total assets less current liabilities: 1,290 2,497
Total net assets (liabilities): 1,290 2,497
Members' funds
Profit and loss account: 1,290 2,497
Total members' funds: 1,290 2,497

The notes form part of these financial statements

EXMOOR STUDIOS CIC

Balance sheet statements

For the year ending 29 February 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 19 November 2024
and signed on behalf of the board by:

Name: Stephen WC Hall
Status: Director

The notes form part of these financial statements

EXMOOR STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 29 February 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

    Plant and Equipment 25% Reducing Balance Fixtures and Fittings 15% Reducing Balance

EXMOOR STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

EXMOOR STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2023 938 787 1,725
Additions 75 75
Disposals
Revaluations
Transfers
At 29 February 2024 938 862 1,800
Depreciation
At 1 March 2023 74 196 270
Charge for year 216 89 305
On disposals
Other adjustments
At 29 February 2024 290 285 575
Net book value
At 29 February 2024 648 577 1,225
At 28 February 2023 864 591 1,455

COMMUNITY INTEREST ANNUAL REPORT

EXMOOR STUDIOS CIC

Company Number: 12453963 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

We have continued to provide affordable theatre in our small town, have facilitated recording facilities and public address equipment for local community activities.

Consultation with stakeholders

No consultation with stakeholders

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
19 November 2024

And signed on behalf of the board by:
Name: MR Stephen WC Hall
Status: Director