BANDSTARS CIC

Company limited by guarantee

Company Registration Number:
14689559 (England and Wales)

Unaudited statutory accounts for the year ended 29 February 2024

Period of accounts

Start date: 27 February 2023

End date: 29 February 2024

BANDSTARS CIC

Contents of the Financial Statements

for the Period Ended 29 February 2024

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

BANDSTARS CIC

Directors' report period ended 29 February 2024

The directors present their report with the financial statements of the company for the period ended 29 February 2024

Principal activities of the company

The company's principal activity during the period was peripatetic music services.



Directors

The director shown below has held office during the whole of the period from
27 February 2023 to 29 February 2024

Christopher Spreadbury


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
18 February 2025

And signed on behalf of the board by:
Name: Christopher Spreadbury
Status: Director

BANDSTARS CIC

Profit And Loss Account

for the Period Ended 29 February 2024

2024


£
Turnover: 32,120
Cost of sales: ( 14,346 )
Gross profit(or loss): 17,774
Administrative expenses: ( 21,266 )
Operating profit(or loss): (3,492)
Profit(or loss) before tax: (3,492)
Profit(or loss) for the financial year: (3,492)

BANDSTARS CIC

Balance sheet

As at 29 February 2024

Notes 2024


£
Current assets
Debtors: 3 163
Cash at bank and in hand: 478
Total current assets: 641
Creditors: amounts falling due within one year: 4 ( 4,133 )
Net current assets (liabilities): (3,492)
Total assets less current liabilities: (3,492)
Total net assets (liabilities): (3,492)
Members' funds
Profit and loss account: (3,492)
Total members' funds: ( 3,492)

The notes form part of these financial statements

BANDSTARS CIC

Balance sheet statements

For the year ending 29 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 18 February 2025
and signed on behalf of the board by:

Name: Christopher Spreadbury
Status: Director

The notes form part of these financial statements

BANDSTARS CIC

Notes to the Financial Statements

for the Period Ended 29 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

    Turnover policy

    Income is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Income includes revenue earned from the sale of goods and from the rendering of services. Income from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Income from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Provisions Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

BANDSTARS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

BANDSTARS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

3. Debtors

2024
£
Trade debtors 163
Total 163

BANDSTARS CIC

Notes to the Financial Statements

for the Period Ended 29 February 2024

4. Creditors: amounts falling due within one year note

2024
£
Trade creditors 900
Other creditors 3,233
Total 4,133

COMMUNITY INTEREST ANNUAL REPORT

BANDSTARS CIC

Company Number: 14689559 (England and Wales)

Year Ending: 29 February 2024

Company activities and impact

In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. We delivered brass lessons to over 150 primary school students in ten state schools over the South West. Through our lessons, we foster musical skills, confidence, and teamwork in young learners, supporting their educational development and personal growth. Beyond the classroom, our programme contributes to the wellbeing of children by offering them a creative outlet, promoting discipline and perseverance, and enhancing their sense of achievement. Our students also have opportunities to join local music groups, further embedding them in their community’s musical life. Additionally, BandStars CIC actively supports local music ensembles by nurturing the next generation of brass players, helping to sustain and develop the UK's rich tradition of community music-making. Many of our students go on to perform at school concerts and public events, bringing live music to a wide range of audiences and enriching cultural life in the local area.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Chris Spreadbury, a director of the company, provided tutoring services to the company in a self-employed capacity. The total payments made to the director for this services amounted to £9,200.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 February 2025

And signed on behalf of the board by:
Name: Christopher Spreadbury
Status: Director