for the Period Ended 30 October 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 October 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
12 June 2023
to
30 October 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
17 months to 30 October 2024 | ||
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£ |
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Turnover: |
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Gross profit(or loss): |
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Administrative expenses: |
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Operating profit(or loss): |
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Profit(or loss) before tax: |
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Tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 17 months to 30 October 2024 | ||
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 October 2024
Basis of measurement and preparation
for the Period Ended 30 October 2024
17 months to 30 October 2024 | ||
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Average number of employees during the period |
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for the Period Ended 30 October 2024
17 months to 30 October 2024 | ||
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£ | ||
Prepayments and accrued income |
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Total |
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for the Period Ended 30 October 2024
17 months to 30 October 2024 | ||
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Trade creditors |
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Taxation and social security |
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Accruals and deferred income |
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Total |
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The company’s activities provides benefit to artists that are marginalised through geography, neurodiversity, socioeconomics, artistic transgression or any thing else which for one reason or another has created barriers for that artist(s) to work within the traditional music industry. The company was set up on the 12th of June 2023, however no activity took place until Jan 2024. Following this we supported Ultimate Thunder, a band comprising of people with learning disabilities to release and perform their second album. Without our support the band would have ceased to exist early in 2024 due to previous support being cut by the charity which had supported them for many years and there would have been no outlet for the members creative talents. The band has appeared on BBC Breakfast, ITN News, and Channel 4, and were featured in articles by the NME, Guardian, and the Big Issue. They also performed live at Kendal Calling, Shambala, and supported Yard Act at Millennium Square. This has inspired and spurred on many thousands of other people with learning disabilities, showing that with the right support people with a learning disability are able to create art and perform at a world class level.
Stakeholders are the band and artists we support, their families and support/care teams. We are in constant dialogue with all stakeholders, updating on our plans and goals, discussing stakeholders ideas and band members and artists care and support needs.
Total remuneration received by directors was £28,806
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 March 2025
And signed on behalf of the board by:
Name: James Mabbett
Status: Director