PLATFORM THEATRE ARTS CIC

Company limited by guarantee

Company Registration Number:
14310595 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

PLATFORM THEATRE ARTS CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

PLATFORM THEATRE ARTS CIC

Directors' report period ended 31 August 2024

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

Directors

The directors shown below have held office during the whole of the period from
1 September 2023 to 31 August 2024

Michelle Lisa Barrington
Hannah Carroll
Alison Caroline Amy Garner


The director shown below has held office during the period of
1 September 2023 to 15 July 2024

Helena Zizkovska


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
6 February 2025

And signed on behalf of the board by:
Name: Hannah Carroll
Status: Director

PLATFORM THEATRE ARTS CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 11,034 15,010
Cost of sales: ( 1,205 ) ( 450 )
Gross profit(or loss): 9,829 14,560
Administrative expenses: ( 11,797 ) ( 11,663 )
Operating profit(or loss): (1,968) 2,897
Interest payable and similar charges: ( 2 )
Profit(or loss) before tax: (1,970) 2,897
Tax: 374 ( 560 )
Profit(or loss) for the financial year: (1,596) 2,337

PLATFORM THEATRE ARTS CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 543 1,633
Cash at bank and in hand: 315 744
Total current assets: 858 2,377
Prepayments and accrued income: 20 520
Creditors: amounts falling due within one year: 4 ( 137 ) ( 560 )
Net current assets (liabilities): 741 2,337
Total assets less current liabilities: 741 2,337
Total net assets (liabilities): 741 2,337
Members' funds
Profit and loss account: 741 2,337
Total members' funds: 741 2,337

The notes form part of these financial statements

PLATFORM THEATRE ARTS CIC

Balance sheet statements

For the year ending 31 August 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 7 February 2025
and signed on behalf of the board by:

Name: Hannah Carroll
Status: Director

The notes form part of these financial statements

PLATFORM THEATRE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

    Valuation information and policy

    The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets

    Other accounting policies

    PRESENTATION The financial statements are prepared in sterling, which is the functional currency of the company. CURRENT TAX Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. DEFERRED TAX Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company’s accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

PLATFORM THEATRE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

PLATFORM THEATRE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Trade debtors 75
Other debtors 543 1,558
Total 543 1,633

PLATFORM THEATRE ARTS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 132
Taxation and social security 560
Other creditors 5
Total 137 560

COMMUNITY INTEREST ANNUAL REPORT

PLATFORM THEATRE ARTS CIC

Company Number: 14310595 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. Platform Theatre Arts continued to provide quality and affordable youth theatre provision focusing on developing both drama, performance and associated life skills in a friendly and inclusive environment for young people and those with additional needs aged between 7 and 26 years. During the financial year we have: -Worked with 44 young people. -Our public performances were watched by 200 audience members. -Produced 4 public performances in a variety of venues in Southend & Norwich including a community venue, two professional theatre spaces; Clifftown Theatre and The Garage Norwich and an open-air performance. -Worked with 29 young people in our weekly classes of which 50% have additional needs -Partnered on a summer open air production of The Tempest with Elevator Arts CIC. 15 young people took part of which 12 were new participants. -Engaged with the following local organisations: Metal Culture Southend, Steps Ahead CIC, Elevator Arts CIC. -Took part in the prestigious National Theatre’s Connections play festival. We received funding from: -Rosca Foundation -Fowler Smith Jones Trust Other income included: -Termly fees -Ticket sales -Summer Holiday Project partnership with Elevator Arts CIC Young people have benefited from our weekly sessions and workshops by: -Increasing confidence and self esteem -Sharing creative ideas -Developing their performance skills -Making new friendships -Creating an inclusive and safe space

Consultation with stakeholders

Platform Theatre Arts’ stakeholders are young people who engage in our weekly sessions, community organisations where we put on performances, theatre facilitators, audiences, and grant funding bodies. The directors of the company live and work in the area and developed the company in response to the need of an inclusive youth theatre that is affordable and provides regular opportunities to perform at different venues. Our young people have an active voice in shaping our shows and what skills they’d like to develop in sessions. We evaluate each term to reflect on the previous show and sessions in order to steer the direction of the new term. The young people have co-devised shows with us, allowing them to shape the themes we explore in our work. Our older students aged between 12 and 25 were given the opportunity to rehearse and perform a brand new play as part of The National Theatre Connections festival giving them the experience of working in professional venues both at home and in Norfolk and meeting other young people involved in the festival. We have also set up a student advisory board to provide an opportunity for our young people to shape future decisions for the company which will come into place from September 2024. Some feedback we have received from our young people includes: I felt happy and could be myself. I enjoyed a lot of the games and feeling more confident talking to someone in another language. This was my first time doing something like this, I got to work with new people. It made me feel more confident in speaking out loud. I felt like I was included and listened to and it was just overall really enjoyable. I enjoyed acting with my friends because it put me out of my comfort zone. It let me come out of my shell and made new friends.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £5,681. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Michelle Lisa Barrington
Status: Director