for the Period Ended 31 May 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 May 2024
Basis of measurement and preparation
for the Period Ended 31 May 2024
2024 | 2023 | |
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Average number of employees during the period |
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The company’s purpose is to provide opportunities for young people to gain practical experience in music with a view to providing employment opportunities and routes into the wider industry. We aim to do this by helping them to work together to write, rehearse and record music, as well as to perform to audiences and to promote their work. The most direct beneficiaries of our work are the young people who have participated in the music projects, who have displayed increased confidence and self-esteem. Participants have also gained or improved transferable skills such as written and verbal communication, and numeracy. Alongside this, participants developed creative skills such as songwriting, musicianship, and self-expression.
Predominantly our stakeholders are the young people who participate in our projects. They continually input into how the projects evolve and they are involved in the ongoing evaluation of our work to ensure that it is as beneficial as possible.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
24 February 2025
And signed on behalf of the board by:
Name: Jeff Thompson
Status: Director