NEW CREATIVITY CIC

Company limited by guarantee

Company Registration Number:
14888658 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 23 May 2023

End date: 30 April 2024

NEW CREATIVITY CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

NEW CREATIVITY CIC

Directors' report period ended 30 April 2024

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

Principal activities of the company

The principal activity of the company throughout the year was to provide performing arts and artistic creation services



Directors

The directors shown below have held office during the whole of the period from
23 May 2023 to 30 April 2024

Sharmayne Whitter
Samantha Louise Maullin
Stacey Leigh Jade Foster


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
27 February 2025

And signed on behalf of the board by:
Name: Sharmayne Whitter
Status: Director

NEW CREATIVITY CIC

Profit And Loss Account

for the Period Ended 30 April 2024

11 months to 30 April 2024


£
Turnover: 21,233
Gross profit(or loss): 21,233
Administrative expenses: ( 21,556 )
Operating profit(or loss): (323)
Profit(or loss) before tax: (323)
Profit(or loss) for the financial year: (323)

NEW CREATIVITY CIC

Balance sheet

As at 30 April 2024

Notes 11 months to 30 April 2024


£
Current assets
Cash at bank and in hand: 1,604
Total current assets: 1,604
Net current assets (liabilities): 1,604
Total assets less current liabilities: 1,604
Accruals and deferred income: ( 1,927 )
Total net assets (liabilities): (323)
Members' funds
Profit and loss account: (323)
Total members' funds: ( 323)

The notes form part of these financial statements

NEW CREATIVITY CIC

Balance sheet statements

For the year ending 30 April 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 27 February 2025
and signed on behalf of the board by:

Name: Sharmayne Whitter
Status: Director

The notes form part of these financial statements

NEW CREATIVITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover represents net invoiced sales of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment @ 20% reducing balance Plant and Machinery @20% reducing balance

    Intangible fixed assets amortisation policy

    Amortization is provided on all intangible assets over 6 years

NEW CREATIVITY CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    11 months to 30 April 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

NEW CREATIVITY CIC

Company Number: 14888658 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

NewCreativity has collaborated with Sandwell Council to deliver Holiday Activities and Food (HAF) programmes for children aged 4 to 16, offering hot and cold meals, performing arts mentoring, art sessions, and sports therapy. Through our Creative Communities initiative, we've extended similar services to the same age group, providing soft drinks and snacks. Additionally, we've engaged with the Worcestershire community by conducting mentoring workshops and participating in local events. Looking ahead, we aim to secure funding to expand our mentoring services by developing a curriculum that leads to recognized qualifications. This initiative seeks to support students undergoing managed moves by offering six-week respite placements, thereby bridging gaps in their educational journey. We remain committed to promoting mental health and well-being through funded projects that encompass sports, performing arts, holistic therapy, and wellness sessions.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £9920.00 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Sharmayne Whitter
Status: Director