THE BUTTERFLY EFFECTED CIC

Company limited by guarantee

Company Registration Number:
15024864 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 24 July 2023

End date: 31 July 2024

THE BUTTERFLY EFFECTED CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

THE BUTTERFLY EFFECTED CIC

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The principal activity of the company in the year under review was that of a Community Interest Company



Directors

The directors shown below have held office during the whole of the period from
24 July 2023 to 31 July 2024

Mr C Fenn
Miss H Garner


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
26 February 2025

And signed on behalf of the board by:
Name: Mr C Fenn
Status: Director

THE BUTTERFLY EFFECTED CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024


£
Turnover: 52,298
Cost of sales: ( 37,081 )
Gross profit(or loss): 15,217
Administrative expenses: ( 15,217 )
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

THE BUTTERFLY EFFECTED CIC

Balance sheet

As at 31 July 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 12,731
Total current assets: 12,731
Net current assets (liabilities): 12,731
Total assets less current liabilities: 12,731
Accruals and deferred income: ( 12,731 )
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

THE BUTTERFLY EFFECTED CIC

Balance sheet statements

For the year ending 31 July 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 5 March 2025
and signed on behalf of the board by:

Name: Mr C Fenn
Status: Director

The notes form part of these financial statements

THE BUTTERFLY EFFECTED CIC

Notes to the Financial Statements

for the Period Ended 31 July 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

THE BUTTERFLY EFFECTED CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

COMMUNITY INTEREST ANNUAL REPORT

THE BUTTERFLY EFFECTED CIC

Company Number: 15024864 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Over the past financial year, The Butterfly Effected CIC has continued to make a significant impact through creative and socially engaged projects. Our work has centered on using public art, film, and workshops to address social issues, encourage community pride, and provide opportunities for artists and local organisations. Key activities this year included: The Big Heart Project – Fleetwood We successfully crowdfunded and delivered the first two murals for The Big Heart Project in Fleetwood, setting the foundation for a larger initiative aimed at bringing public art and community engagement to urban spaces. These murals were created with input from local residents, fostering a sense of ownership and civic pride. Documentary Series: Darkness to Light We filmed the first episode of Darkness to Light, a documentary series that explores societal issues such as addiction and violent crime. The series uses art as a storytelling tool to amplify the voices of those affected and provide a message of hope and education to communities. The project has engaged local film producers, artists, and community members in meaningful conversations about social change. Public Murals and Community Engagement We completed six public murals across various locations, each accompanied by community engagement and workshops. These projects have transformed public spaces while encouraging local participation and pride. Locations included: - Fleetwood, UK - Liverpool, UK - Burnley, UK - Blackpool, UK - Flint, Michigan, USA - Akumal, Mexico Workshops & Skills Development Each mural was paired with community workshops, ensuring local involvement in the creative process. These workshops have empowered individuals by providing artistic and storytelling skills, as well as a platform to express their voices. Providing Opportunities We have supported artists, workshop facilitators, service providers, local film producers, community members, volunteers, and local businesses by integrating them into our projects. These opportunities have helped strengthen creative networks and provide employment and exposure for those involved. Our work has benefited the community by: - Encouraging local pride and ownership of public spaces - Providing platforms for storytelling on important social issues - Empowering individuals through creative workshops - Supporting local artists and community organizations - Creating opportunities for employment and collaboration

Consultation with stakeholders

Stakeholders: Our stakeholders include: - Local residents and community groups - Artists and workshop facilitators - Charities and service providers - Local film producers and media professionals - Volunteers and community participants - Local businesses and sponsors Consultation Process & Actions Taken: - We have actively engaged with stakeholders through community meetings, online discussions, and direct consultation during mural projects and workshops. - Feedback from participants has shaped our approach, ensuring that each project is meaningful and relevant to the community it serves. - In Fleetwood, we consulted local residents before painting the Big Heart Project murals to ensure community buy-in and participation. - Insights from our Darkness to Light documentary project have guided our storytelling and outreach efforts, making sure that the narratives we highlight are authentic and impactful.

Directors' remuneration

No remuneration was received by the directors during this financial year. We have outsourced work to limited creative companies that we own - Aylo Designs Limited and Seca One Art Limited.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 March 2025

And signed on behalf of the board by:
Name: Mr C Fenn
Status: Director