FALCON ART CIC

Company limited by guarantee

Company Registration Number:
08943773 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

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Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 31 March 2024

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

Principal activities of the company

To provide artistic support in the community to all



Directors

The director shown below has held office during the whole of the period from
1 April 2023 to 31 March 2024

Pete Marsh


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
5 June 2024

And signed on behalf of the board by:
Name: Pete Marsh
Status: Director

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Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 2,016 2,179
Investments:   0 0
Total current assets: 2,016 2,179
Prepayments and accrued income: 0 7,807
Creditors: amounts falling due within one year: 3 ( 300 ) ( 3,920 )
Net current assets (liabilities): 1,716 6,066
Total assets less current liabilities: 1,716 6,066
Creditors: amounts falling due after more than one year: 4 ( 600 ) 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,116 6,066
Members' funds
Profit and loss account: 1,116 6,066
Total members' funds: 1,116 6,066

The notes form part of these financial statements

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Balance sheet statements

For the year ending 31 March 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 2 June 2024
and signed on behalf of the board by:

Name: Pete Marsh
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

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Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

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Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 300 3,920
Total 300 3,920

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Notes to the Financial Statements

for the Period Ended 31 March 2024

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

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 600 0
Total 600 0

COMMUNITY INTEREST ANNUAL REPORT

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Company Number: 08943773 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Falcon Mill is currently home to over 45 artists and creatives, supporting a flourishing arts community within the town. During the financial year 2023-2024 Falcon Mill welcomed hundreds of visitors to our Open Studios and to exhibitions of the work of local artists.

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
5 June 2024

And signed on behalf of the board by:
Name: Pete Marsh
Status: Director