SAFFRON DESIGN AND CREATE CIC

Company limited by guarantee

Company Registration Number:
14867597 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 15 May 2023

End date: 31 May 2024

SAFFRON DESIGN AND CREATE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SAFFRON DESIGN AND CREATE CIC

Balance sheet

As at 31 May 2024

Notes 13 months to 31 May 2024


£
Fixed assets
Tangible assets: 3 5,212
Total fixed assets: 5,212
Current assets
Cash at bank and in hand: 3,795
Total current assets: 3,795
Creditors: amounts falling due within one year: 4 ( 245 )
Net current assets (liabilities): 3,550
Total assets less current liabilities: 8,762
Total net assets (liabilities): 8,762
Members' funds
Profit and loss account: 8,762
Total members' funds: 8,762

The notes form part of these financial statements

SAFFRON DESIGN AND CREATE CIC

Balance sheet statements

For the year ending 31 May 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 11 February 2025
and signed on behalf of the board by:

Name: Janice Harding
Status: Director

The notes form part of these financial statements

SAFFRON DESIGN AND CREATE CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

SAFFRON DESIGN AND CREATE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    13 months to 31 May 2024
    Average number of employees during the period 0

SAFFRON DESIGN AND CREATE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 5,560 5,560
Disposals
Revaluations
Transfers
At 31 May 2024 5,560 5,560
Depreciation
Charge for year 348 348
On disposals
Other adjustments
At 31 May 2024 348 348
Net book value
At 31 May 2024 5,212 5,212

SAFFRON DESIGN AND CREATE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

13 months to 31 May 2024
£
Accruals and deferred income 245
Total 245

COMMUNITY INTEREST ANNUAL REPORT

SAFFRON DESIGN AND CREATE CIC

Company Number: 14867597 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

THE NATIONAL LOTTERY PROVIDED THE COMPANY WITH A GRANT THAT ALLOWED US TO DO THE FOLLOWING. PROVIDING FREE CREATIVE ART WORKSHOP FOR ALL AGES OF THE LOCAL COMMUNITY IN WHICH THEY HAVE HAD THE OPPORTUNITY TO TRY LOW-TECH HANDS-ON ART TECHNIQUES AND THE IT APPOROACH. WE HAVE MIXED UP AGE GROUPS FROM 5YRS – 60YRS PLUS, AND ENABLED YOUNG PEOPLE AND ADULTS OF ALL ABILITIES TO ACCESS FREE WORKSHOP, HELPING WITH CREATIVITY AND ACCESSIBILTY TO OTHER SOCIAL GROUPS. THIS HAS HELPED TO IMPROVE SOCIAL CONTACT, MENTAL HEALTH, AND LIFELONG LEARNING.

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
10 February 2025

And signed on behalf of the board by:
Name: Janice Harding
Status: Director