SINGALONG SONGS CIC

Company limited by guarantee

Company Registration Number:
09055625 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

SINGALONG SONGS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

SINGALONG SONGS CIC

Directors' report period ended 31 May 2024

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

Principal activities of the company

The principal activity of the company is to carry on activities which benefit the community and, in particular (without limitation), to run high quality participatory live music and singing events for all, regardless of income or circumstances.



Directors

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

Harriette Ashcroft
Ted Barnes
Holly Hughes
Natalia Whately
Lisa White


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
11 February 2025

And signed on behalf of the board by:
Name: Harriette Ashcroft
Status: Director

SINGALONG SONGS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 64,449 73,220
Cost of sales: ( 57,268 ) ( 61,543 )
Gross profit(or loss): 7,181 11,677
Administrative expenses: ( 6,708 ) ( 7,196 )
Operating profit(or loss): 473 4,481
Interest receivable and similar income: 3 1
Profit(or loss) before tax: 476 4,482
Tax: ( 158 ) ( 941 )
Profit(or loss) for the financial year: 318 3,541

SINGALONG SONGS CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,060 1,413
Total fixed assets: 1,060 1,413
Current assets
Stocks: 4 22,456 6,000
Debtors: 5 2,745 9,228
Cash at bank and in hand: 21,951 21,857
Total current assets: 47,152 37,085
Creditors: amounts falling due within one year: 6 ( 14,657 ) ( 5,261 )
Net current assets (liabilities): 32,495 31,824
Total assets less current liabilities: 33,555 33,237
Total net assets (liabilities): 33,555 33,237
Members' funds
Profit and loss account: 33,555 33,237
Total members' funds: 33,555 33,237

The notes form part of these financial statements

SINGALONG SONGS 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.

This report was approved by the board of directors on 11 February 2025
and signed on behalf of the board by:

Name: Harriette Ashcroft
Status: Director

The notes form part of these financial statements

SINGALONG SONGS 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

    Turnover policy

    The total turnover of the company for the year has been derived from its principal activity wholly undertaken in the UK. Grant income is recognised in the year to which the grant relates, as specified by the funder to meet certain criteria. Income relating to future years is deferred.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. - Fixtures and equipment-25per cent on reducing balance

    Other accounting policies

    Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current or deferred taxation assets and liabilities are not discounted. Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date. Deferred tax Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

SINGALONG SONGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

SINGALONG SONGS 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 £ £ £ £ £ £
At 1 June 2023 4,947 4,947
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 4,947 4,947
Depreciation
At 1 June 2023 3,534 3,534
Charge for year 353 353
On disposals
Other adjustments
At 31 May 2024 3,887 3,887
Net book value
At 31 May 2024 1,060 1,060
At 31 May 2023 1,413 1,413

SINGALONG SONGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Stocks

2024 2023
£ £
Stocks 22,456 6,000
Total 22,456 6,000

SINGALONG SONGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors

2024 2023
£ £
Trade debtors 2,745 3,228
Prepayments and accrued income 6,000
Total 2,745 9,228

SINGALONG SONGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 12,009 2,520
Taxation and social security 158 941
Accruals and deferred income 2,490 1,800
Total 14,657 5,261

COMMUNITY INTEREST ANNUAL REPORT

SINGALONG SONGS CIC

Company Number: 09055625 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

PART 1 - GENERAL DESCRIPTION OF THE COMPANY’S ACTIVITIES AND IMPACT - Singalong Song’s objective is to support families and strengthen communities through interactive musical experiences with a unique cross-generational appeal. Our work focuses on improving wellbeing and increasing community interaction through the simple act of singing and dancing together. - Our events are open to all, regardless of age, income or background. Some events are free of charge however we typically ask audiences to make an optional donation to help cover costs and rely on charitable grants to fund our activities, alternatively we may also levy a modest ticket charge, with a price reduction for those with low incomes. - We reach less advantaged, marginalised communities, bringing together inter-generational audiences, through working in partnership with e.g. Islington Council. - We continue to deliver our activities with the Culpeper Sing-along Choir through a 5 year funding grant provided by The City Bridge Trust. This culminated in an inaugural “Big London Songshare”, sharing songs with a network of three other community choirs, Hackney Song Works, Dragon Cafe Mental Fight Club and Everybody’s Music Jam. - As part of our on-going “Together in Bread and Song” activities, we delivered a “Companion-The Reunion” programme of activities, helping participants to reconnect with their community, and approving their sense of well-being through bread making and singing together. This was funded by a local giving grant and kick-starter campaign, one of the fundraising rewards being a sourdough starter kit. - We continue to work with schools, nurseries, delivering our residency at the Quarter House and E17 Trades Hall. - Our Exmouth Market Singalong continues to bring joy and connections for children and their families, carers. - We received funding from the Local Initiative Fund, to spend on song banners, musical instruments, props, hats etc. The band’s music continues to feature on YOTO, an audio player for children. With each sale of the player the band receives a small royalty. In late May 2024, the band agreed terms with “Score a Score” for promotion of their “Mrs H Sings” album across all platforms, reaching an increased audience, particularly in the US. Our own fundraising during the year our main fundraising event was our Christmas Singalong fundraiser at Exmouth Market. FREE OF CHARGE EVENTS Community groups Friends of Barnard Park we participated in a local festival along with other community organisations. Exmouth Market Centre-Mr H continues to run 2-3 Singalong session per week, with band members joining in from time to time. Audience levels have largely recovered following the Covid pandemic. Culpepper Sing-along Choir a weekly event open to all, our community choir continues to run in the Angel Shopping centre. It is very well attended with new people joining the choir each week. We’ve travelled as a community choir to the seaside in the summer and baking bread together. We also hosted and instigated the first “Big London Song Share”, whereby several community choirs have come together to share songs and food. Devon Tour, We toured for a week in Devon in July 2023, playing at the Ashburton Arts Centre, performed at Exeter festival, being the opening act and later that same day played at Brandon House Care Home to residents and their families. The Angel Glow project performed at Islington Green as part of their Christmas festival. Living Advent Calendar, Folkstone-Jim Jam Arts invited us to perform as part of their Live Advent calendar project, a series of live performances through December. Schools and nurseries Islington Council “Teddy Bears’ Picnic and Singalong” in the park, a series of family orientated picnics, bringing nurseries and their local communities together. Devon tour as part of the above tour, we visited local schools, St Martins School and Willowbrook School, providing a whole day of activities that children, their parents and carers were invited to participate in. At the weekend following, we played in Chagford Library, which many of the school, nursery children and their families attended again. Hillyfields school a 6-piece band worked throughout the school year with classes and teachers. Brightstart Islington which works with local children. We performed at Highbury Fields. PAID ACTIVITIES Tower Theatre, Folkstone, the band established a new relationship with Tower Theatre, performing there once per month. The Quarterhouse, Folkstone, Singalong performed once per month, delivering a schedule of events for a local child minder network, Little Cherries, replacing the Tower Theatre events above. Tom Thumb Theatre, Kent, we played twice in their intimate theatre. The Lighthouse, Deal, we performed a Christmas show. Walthamstow Trades Hall, Mrs H and one of the band members have a weekly residency, with a reduced fee in place for these on lower incomes. The Red Hedgehog, Archway-ad hoc performances reaching the local community. Other paid events to reach a different audience Festivals Latitude Festival, Suffolk we performed two concerts in the children’s theatre tent. “Boing” Festival in Canterbury performed 4 outdoor shows, reaching an enthusiastic mixed age audience. The Horniman Museum, garden spring fair, we were honoured to be asked to headline, playing in the band stand. The Castle Stay and Play we performed our Christmas Show. Together Space, E17 we have developed a new partnership with this cafe which is a space for learning disabled and neurotypical children, young people and their families to comfortably socialise, learn and play together. St Marys Church, E17 we reunited with our Walthamstow network of families, including many older children. Part of The Music Hall Project which is National Lottery Funded. The Big Penny Social, formerly the Truman Social Club, number of shows we performed, reaching a sold out audience of c400. All Points East-headlined their community festival, the band playing on a huge stage. Book and CDs during the year we continued to sell our two songbooks, t-shirts and our CDs.

Consultation with stakeholders

The company’s stakeholders are children and their parents and carers, school and community groups, choir members and charitable bodies that have provided funding to the company during the year. The band members who perform are also key stakeholders. We continue to increase our reach through our own online channel, Online Adventures. Each programme includes user-generated content e.g. photos, video clips, art work, pets etc, demonstrating the engagement we generated. We continue to receive positive unsolicited email feedback from families, UK and overseas, for example highlighting their sense of community, excitement and delight of learning and taking part in songs. The band members continue to debrief after events, reflecting on what’s working well and what can be improved. The band continue to rehearse so that the performances are the best they can be. We continue to raise our social media profile through Facebook, Bandcamp and Instagram which allows us to gain direct feedback, video, photos etc, from our audience and 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
11 February 2025

And signed on behalf of the board by:
Name: Harriette Ashcroft
Status: Director