SOMEONE GREAT MUSIC C.I.C.

Company limited by guarantee

Company Registration Number:
12026044 (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

SOMEONE GREAT MUSIC C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

SOMEONE GREAT MUSIC C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 120 20,707
Cost of sales: ( 338 ) ( 19,147 )
Gross profit(or loss): (218) 1,560
Administrative expenses: ( 400 )
Operating profit(or loss): (618) 1,560
Profit(or loss) before tax: (618) 1,560
Profit(or loss) for the financial year: (618) 1,560

SOMEONE GREAT MUSIC C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,794 2,412
Total current assets: 1,794 2,412
Net current assets (liabilities): 1,794 2,412
Total assets less current liabilities: 1,794 2,412
Total net assets (liabilities): 1,794 2,412
Members' funds
Profit and loss account: 1,794 2,412
Total members' funds: 1,794 2,412

The notes form part of these financial statements

SOMEONE GREAT MUSIC 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 February 2025
and signed on behalf of the board by:

Name: Jeff Thompson
Status: Director

The notes form part of these financial statements

SOMEONE GREAT MUSIC 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

SOMEONE GREAT MUSIC 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

COMMUNITY INTEREST ANNUAL REPORT

SOMEONE GREAT MUSIC C.I.C.

Company Number: 12026044 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

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.

Consultation with stakeholders

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.

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
24 February 2025

And signed on behalf of the board by:
Name: Jeff Thompson
Status: Director