THE TOE RAG C.I.C.

Company limited by guarantee

Company Registration Number:
14916930 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 6 June 2023

End date: 30 June 2024

THE TOE RAG C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

THE TOE RAG C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2024

13 months to 30 June 2024


£
Turnover: 6,210
Cost of sales: 0
Gross profit(or loss): 6,210
Distribution costs: ( 665 )
Administrative expenses: ( 3,513 )
Other operating income: 0
Operating profit(or loss): 2,032
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 2,032
Tax: 0
Profit(or loss) for the financial year: 2,032

THE TOE RAG C.I.C.

Balance sheet

As at 30 June 2024

Notes 13 months to 30 June 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,963
Investments:   0
Total current assets: 1,963
Prepayments and accrued income: 69
Net current assets (liabilities): 2,032
Total assets less current liabilities: 2,032
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 2,032
Members' funds
Profit and loss account: 2,032
Total members' funds: 2,032

The notes form part of these financial statements

THE TOE RAG 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 6 March 2025
and signed on behalf of the board by:

Name: Sophie Barshall
Status: Director

The notes form part of these financial statements

THE TOE RAG 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 TOE RAG C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    13 months to 30 June 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

THE TOE RAG C.I.C.

Company Number: 14916930 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

The Toe Rag is an independent arts and culture magazine committed to publishing ambitious writing, fostering critical discourse, and supporting emerging and established artists. Over the past financial year, our activities have benefited the community in the following ways: - Expanding access to independent publishing – We have increased our print circulation, ensuring that more readers across the UK and internationally have access to high-quality, independent cultural criticism. - Supporting local and emerging writers, artists, and designers – We have commissioned and published work from over 60 contributors, providing paid opportunities to writers, artists, and designers at various stages of their careers. - Providing a platform for critical discourse – Our editorial focus has fostered conversations around underrepresented perspectives in art, politics, and contemporary culture, bringing together an engaged readership through print, digital content, and live events. - Community engagement through events and collaborations – We have hosted reading events and launch events, creating opportunities for our community to engage with contributors and the wider publishing and arts ecosystem. Through these initiatives, The Toe Rag continues to provide a space for cultural exchange, supporting independent publishing and fostering meaningful conversations across disciplines.

Consultation with stakeholders

No consultation with stakeholders

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
6 March 2025

And signed on behalf of the board by:
Name: Sophie Barshall
Status: Director