for the Period Ended 31 May 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 May 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 June 2023
to
31 May 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
---|---|---|
|
£ |
£ |
Turnover: |
|
|
Cost of sales: |
(
|
(
|
Gross profit(or loss): |
|
|
Administrative expenses: |
(
|
(
|
Operating profit(or loss): |
|
|
Profit(or loss) before tax: |
|
|
Tax: |
(
|
(
|
Profit(or loss) for the financial year: |
|
|
As at
Notes | 2024 | 2023 | |
---|---|---|---|
|
£ |
£ |
|
Current assets | |||
Cash at bank and in hand: |
|
|
|
Total current assets: |
|
|
|
Creditors: amounts falling due within one year: | 3 |
(
|
(
|
Net current assets (liabilities): |
|
|
|
Total assets less current liabilities: |
|
|
|
Total net assets (liabilities): |
|
|
|
Capital and reserves | |||
Called up share capital: |
|
|
|
Profit and loss account: |
|
|
|
Total Shareholders' 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 31 May 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
Average number of employees during the period |
|
|
for the Period Ended 31 May 2024
2024 | 2023 | |
---|---|---|
£ | £ | |
Trade creditors |
|
|
Taxation and social security |
|
|
Accruals and deferred income |
|
|
Total |
|
|
Tight Lines is a record label, events company and multi-media platform. Money we have earned from the activities listed below have all gone back in to the company, to fund more similar activities. We released 3 Music Albums and 6 Singles/E.Ps this year for Artists based in Leeds, helping them to write, produce and distribute their music to the wider community. This was beneficial not only to the Leeds-based artists on the record, but also the wider Leeds music community as producing and touring these Artists/albums highlights and gives exposure to our local scene in general. We hosted a financially accessible 3 day multi-arts festival which programmed exclusively Leeds-based music and visual artists (and was branded as such) and was attended by the vast majority Leeds-based residents. We offer a rehearsal space to bands associated with the Label, where they can write new music, and offer advice and support to them through the creative process. We continued to run a Large ensemble comprising older members of the Leeds Music scene alongside recent graduates of Leeds universities, providing a regular rehearsal and a number of performances, including “Love Supreme”, the UK’s leading Jazz festival
The company’s stakeholders are: its own members, the local public of Leeds, our online following which is both national and international, and local musicians for whom we work with to create physical and online music, and content to help build their profile and following. We continue to have strong relationships with our stakeholders. Our directors and team regularly ask for feedback from groups and musicians that we work with to help us provide the best service possible. We consulted with arts based organisations to best organise our 3 day festival, showcasing local talented artists and providing talks/seminars for those artists on topics we found were important. This came about through consultation with those organisations and the artists themselves. We also established connections with prominent festivals/jazz organisations to align the help we could provide the large music ensemble
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 February 2025
And signed on behalf of the board by:
Name: George MacDonald
Status: Director