THE DRAWING BOARD (WREXHAM) C.I.C.

Company limited by guarantee

Company Registration Number:
12643879 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

THE DRAWING BOARD (WREXHAM) C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

THE DRAWING BOARD (WREXHAM) C.I.C.

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

The principal activity of the company was the promotion of the arts for all, and providing retail opportunities for local artists.

Additional information

During the year, The Drawing Board was awarded a grant of £20,998 as part of the Shared Prosperity Fund from Wrexham County Borough Council. This grant staggers two accounting periods.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Margaret Forbes
Jacqui Blore
Robyn Cockcroft
E J Carding


The director shown below has held office during the period of
26 October 2023 to 30 June 2024

Megan Gemmell


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
16 September 2024

And signed on behalf of the board by:
Name: Margaret Forbes
Status: Director

THE DRAWING BOARD (WREXHAM) C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 21,758 19,772
Cost of sales: ( 21,074 ) ( 14,037 )
Gross profit(or loss): 684 5,735
Administrative expenses: ( 14,244 ) ( 13,278 )
Other operating income: 18,533 3,010
Operating profit(or loss): 4,973 (4,533)
Interest receivable and similar income: 11 33
Profit(or loss) before tax: 4,984 (4,500)
Tax: ( 945 ) ( 852 )
Profit(or loss) for the financial year: 4,039 (5,352)

THE DRAWING BOARD (WREXHAM) C.I.C.

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 16,537 58
Cash at bank and in hand: 7,001 15,345
Total current assets: 23,538 15,403
Creditors: amounts falling due within one year: 4 ( 11,355 ) ( 7,259 )
Net current assets (liabilities): 12,183 8,144
Total assets less current liabilities: 12,183 8,144
Total net assets (liabilities): 12,183 8,144
Members' funds
Profit and loss account: 12,183 8,144
Total members' funds: 12,183 8,144

The notes form part of these financial statements

THE DRAWING BOARD (WREXHAM) C.I.C.

Balance sheet statements

For the year ending 30 June 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: Margaret Forbes
Status: Director

The notes form part of these financial statements

THE DRAWING BOARD (WREXHAM) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

THE DRAWING BOARD (WREXHAM) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

THE DRAWING BOARD (WREXHAM) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Debtors

2024 2023
£ £
Trade debtors 14,748 0
Prepayments and accrued income 1,789 58
Total 16,537 58

THE DRAWING BOARD (WREXHAM) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 11,355 7,259
Total 11,355 7,259

COMMUNITY INTEREST ANNUAL REPORT

THE DRAWING BOARD (WREXHAM) C.I.C.

Company Number: 12643879 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Drawing Board has exhibited the work of over 200 artists, we have welcomed over 5000 visitors, and provided volunteer opportunities for 12 people. We have carried out workshops, artist demonstrations and other events throughout the county borough, and participated in many community and city-wide activities throughout the year. We continue to provide a valuable service for local artists and makers.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

One of our directors receives an honorarium of £300 per month for book keeping and administration.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 November 2024

And signed on behalf of the board by:
Name: Jacqui Blore and Margaret Forbes
Status: Director