for the Period Ended 28 February 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
for the Period Ended
2024 | ||
---|---|---|
|
£ |
|
Turnover: |
|
|
Cost of sales: |
|
|
Gross profit(or loss): |
|
|
Distribution costs: |
|
|
Administrative expenses: |
|
|
Other operating income: |
|
|
Operating profit(or loss): |
|
|
Interest receivable and similar income: |
|
|
Interest payable and similar charges: |
|
|
Profit(or loss) before tax: |
|
|
Tax: |
|
|
Profit(or loss) for the financial year: |
|
As at
Notes | 2024 | ||
---|---|---|---|
|
£ |
||
Fixed assets | |||
Intangible assets: |
|
||
Tangible assets: |
|
||
Investments: |
|
||
Total fixed assets: |
|
||
Current assets | |||
Stocks: |
|
||
Debtors: |
|
||
Cash at bank and in hand: |
|
||
Investments: |
|
||
Total current assets: |
|
||
Prepayments and accrued income: |
|
||
Creditors: amounts falling due within one year: |
|
||
Net current assets (liabilities): |
|
||
Total assets less current liabilities: |
|
||
Creditors: amounts falling due after more than one year: |
|
||
Provision for liabilities: |
|
||
Accruals and deferred income: |
|
||
Total net assets (liabilities): |
|
||
Members' funds | |||
Profit and loss account: |
|
||
Total members' funds: |
|
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2024
Basis of measurement and preparation
for the Period Ended 28 February 2024
2024 | ||
---|---|---|
Average number of employees during the period |
|
Over the past 12 months we, as a company, have put together programs to help young adults in their musical and media aspirations by way of inviting them down to our establishment and seeing how we can help them move forward. We have worked not just within our community but also in other communities. We have also arranged for influential speakers to come and give talks regarding the projects we have put together. Within our building we offer a wide range of services which the community can use and benefit from. We have residents within the community who volunteer to help run the CIC.
Unity Through Music CIC (utm) stakeholders are engineers, media team, music artist plus various groups along with the local community. The directors of utm have discussed the project for the last 12 months along with the local community to see if this business model and activity can be of more benefit to the community. we ask for feedback from clients after the use of the facilities to see if there is improvement required. As the attendance of groups improved more seating was provided also audio/media equipment was upgraded to give a better quality.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
10 February 2025
And signed on behalf of the board by:
Name: Sandra Swanston
Status: Director