GRANARY CREATIVE ARTS C.I.C.

Company limited by guarantee

Company Registration Number:
10774187 (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

GRANARY CREATIVE ARTS C.I.C.

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

GRANARY CREATIVE ARTS C.I.C.

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

Delivering weekly home education art classes to teenagers who do not or cannot access school. Providing a service that takes them through the GCSE art exam.

Additional information

The CICs stakeholders are its members, who are regularly updated via monthly meetings and a quarterly newsletter. No specific action has been take is year.



Directors

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

Kezia Hoffman


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
29 September 2024

And signed on behalf of the board by:
Name: Kezia Hoffman
Status: Director

GRANARY CREATIVE ARTS C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 28,933 23,260
Cost of sales: ( 26,594 ) ( 17,218 )
Gross profit(or loss): 2,339 6,042
Administrative expenses: ( 5,878 ) ( 4,683 )
Other operating income: 250
Operating profit(or loss): (3,289) 1,359
Profit(or loss) before tax: (3,289) 1,359
Tax: 0
Profit(or loss) for the financial year: (3,289) 1,359

GRANARY CREATIVE ARTS C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 1,852
Cash at bank and in hand: 28 1
Total current assets: 28 1,853
Creditors: amounts falling due within one year: 4 ( 864 )
Net current assets (liabilities): (836) 1,853
Total assets less current liabilities: (836) 1,853
Accruals and deferred income: ( 600 )
Total net assets (liabilities): (1,436) 1,853
Members' funds
Profit and loss account: (1,436) 1,853
Total members' funds: ( 1,436) 1,853

The notes form part of these financial statements

GRANARY CREATIVE ARTS C.I.C.

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 24 September 2024
and signed on behalf of the board by:

Name: Kezia Hoffman
Status: Director

The notes form part of these financial statements

GRANARY CREATIVE ARTS C.I.C.

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

    Tangible fixed assets depreciation policy

    they are depreciated at a 25% reducing balance basis

GRANARY CREATIVE ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

GRANARY CREATIVE ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Other debtors 1,852
Total   1,852

GRANARY CREATIVE ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024
£
Other creditors 864
Total 864

GRANARY CREATIVE ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Loans to directors

Name of director receiving advance or credit: Kezia Hoffman
Description of the transaction:
Just money used to cover expenses
£
Balance at 31 May 2023 864
Advances or credits made:
Advances or credits repaid:
Balance at 31 May 2024 864

COMMUNITY INTEREST ANNUAL REPORT

GRANARY CREATIVE ARTS C.I.C.

Company Number: 10774187 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

We taught 38 days of Art GCSE and portfolio building to teenagers who have fallen out the school system. We partnered with an exam centre and took 15 non Schooled teenagers through Art GCSE. We taught 8 stone carving and 4 copper sculpting workshops to adults. We hosted one community music and poety event. We delivered art commisions, youth arts and festival arts engagement projects teaching copper sculpting and stone carving. We partnered with CAS arts and Yellow Brick Road Youth to engage young people in summer arts activities such as spray painting, culminating in an exhibition of their work, open for the community.

Consultation with stakeholders

Yes, at the end of each workshop we ask for feedback on how we have done and how we can improve, this extends to social media too.

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
13 February 2025

And signed on behalf of the board by:
Name: Kezia Hoffman
Status: Director