CAFE ART (UK) COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08786932 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

Accounts The directors herewith present their report and financial statements of the company for the year-ended 28 February 2024. Activities The principal activity of the company is the production of calendars with the help of artists, using their artworks or photographs, to help raise funds for the art groups and to showcase their talent. Review of the business A summary of the company results during the trading year is set out in the attached financial statements. Future developments The company ceased trading on 30 June 2024



Directors

The director shown below has held office during the whole of the period from
1 March 2023 to 28 February 2024

Paul Ryan


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
24 June 2024

And signed on behalf of the board by:
Name: Paul Ryan
Status: Director

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 28 February 2024

2024 2023


£

£
Turnover: 70,753 65,912
Cost of sales: ( 33,914 ) ( 17,749 )
Gross profit(or loss): 36,839 48,163
Administrative expenses: ( 44,175 ) ( 48,181 )
Operating profit(or loss): (7,336) (18)
Profit(or loss) before tax: (7,336) (18)
Profit(or loss) for the financial year: (7,336) (18)

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Balance sheet

As at 28 February 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,907 5,363
Total current assets: 1,907 5,363
Creditors: amounts falling due within one year: 3 ( 10,984 ) ( 7,104 )
Net current assets (liabilities): (9,077) (1,741)
Total assets less current liabilities: (9,077) ( 1,741)
Total net assets (liabilities): (9,077) (1,741)
Members' funds
Profit and loss account: (9,077) ( 1,741)
Total members' funds: ( 9,077) (1,741)

The notes form part of these financial statements

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 28 February 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 24 June 2024
and signed on behalf of the board by:

Name: Paul Ryan
Status: Director

The notes form part of these financial statements

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 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

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 1,195 1,154
Other creditors 9,789 5,950
Total 10,984 7,104

COMMUNITY INTEREST ANNUAL REPORT

CAFE ART (UK) COMMUNITY INTEREST COMPANY

Company Number: 08786932 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

Cafe Art’s mission is to connect people affected by homelessness with the wider community through art. Our vision is that formerly homeless people will be empowered through their art, activity involved in a social enterprise that helps other people in similar situations by hanging their art in cafes, exhibitions and by participating in the annual photography project and calendar.

Consultation with stakeholders

The company stakeholders are people in London affected by homelessness. We bring together people affected by homelessness from almost all of London’s homelessness organisations to showcase their work for the public to enjoy. We are encouraged by our stakeholders to create a meaningful income for them as well as raising funds for themselves.

Directors' remuneration

There was no remuneration other than the salary reported in the accounts for year-ended 28 February 2024. The total remuneration per the accounts was £35,203

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 June 2024

And signed on behalf of the board by:
Name: Paul Ryan
Status: Director