RAME PROJECTS CIC

Company limited by guarantee

Company Registration Number:
11567204 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

RAME PROJECTS CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

RAME PROJECTS CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,270 1,693
Total fixed assets: 1,270 1,693
Current assets
Debtors: 4 2,800
Cash at bank and in hand: 40,209 2,545
Total current assets: 43,009 2,545
Creditors: amounts falling due within one year: 5 ( 44,352 ) ( 4,311 )
Net current assets (liabilities): (1,343) (1,766)
Total assets less current liabilities: (73) ( 73)
Total net assets (liabilities): (73) (73)
Members' funds
Profit and loss account: (73) ( 73)
Total members' funds: ( 73) (73)

The notes form part of these financial statements

RAME PROJECTS CIC

Balance sheet statements

For the year ending 31 October 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 13 February 2025
and signed on behalf of the board by:

Name: Beth Richards
Status: Director

The notes form part of these financial statements

RAME PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant and Machinery 25% Reducing Balance Fixtures and Fittings 25% Reducing Balance

RAME PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

RAME PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 2,736 211 2,947
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 2,736 211 2,947
Depreciation
At 1 November 2023 1,147 107 1,254
Charge for year 397 26 423
On disposals
Other adjustments
At 31 October 2024 1,544 133 1,677
Net book value
At 31 October 2024 1,192 78 1,270
At 31 October 2023 1,589 104 1,693

RAME PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Prepayments and accrued income 2,800
Total 2,800

RAME PROJECTS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 39,800 383
Other creditors 4,552 3,928
Total 44,352 4,311

COMMUNITY INTEREST ANNUAL REPORT

RAME PROJECTS CIC

Company Number: 11567204 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

We hosted a number of artist residencies with emerging artists from the far South West, with community workshops and events as part of the programme. We hosted a postgraduate residency with Arts University Plymouth. We worked with local community groups including primary and secondary schools. Overall the programme created high quality arts engagement opportunities to support community cohesion, engage with landscape, and to support creativity.

Consultation with stakeholders

Our stakeholders are creative practitioners in the far South West and community members in the Rame Peninsula and Plymouth. We have consulted with these people iteratively throughout the project programme via: community meetings, community magazines, using feedback forms at workshops and events. This feedback has helped formulate the projects, workshops, and events that we put on - they have been programmed in response to this consultation.

Directors' remuneration

Directors Lucy Elmes nee Rollins and Beth Richards were paid project management fees on a freelance basis. Dominic Macdonald Moore was paid a fee for photographic documentation on a freelance basis Total payments amounted to £1,606.1

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Beth Richards
Status: Director