for the Period Ended 31 May 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 31 May 2024
Directors
The director shown below has held office during the whole of the period from
8 May 2023
to
31 May 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
13 months to 31 May 2024 | ||
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Turnover: |
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Cost of sales: |
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Gross profit(or loss): |
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Distribution costs: |
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Administrative expenses: |
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Other operating income: |
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Operating profit(or loss): |
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Interest payable and similar charges: |
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Profit(or loss) before tax: |
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Profit(or loss) for the financial year: |
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As at
Notes | 13 months to 31 May 2024 | ||
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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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: | 5 |
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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 31 May 2024
Basis of measurement and preparation
for the Period Ended 31 May 2024
13 months to 31 May 2024 | ||
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Average number of employees during the period |
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for the Period Ended 31 May 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
Additions |
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At 31 May 2024 |
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At 31 May 2024 |
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Net book value | ||||||
At 31 May 2024 |
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for the Period Ended 31 May 2024
13 months to 31 May 2024 | ||
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£ | ||
Prepayments and accrued income |
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Total |
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for the Period Ended 31 May 2024
13 months to 31 May 2024 | ||
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Accruals and deferred income |
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Other creditors |
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Total |
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The Southern Music Project CIC is dedicated to making music accessible to people of all ages in the Havant and Waterlooville communities. We achieve this through a range of initiatives, including education, enrichment, and entertainment. Founded in May 2023, we have already made a meaningful impact. Local residents have benefited from free trial lessons in a variety of musical instruments, offered both individually and in groups. These sessions have been part of initiatives such as ‘Learn to Play’ events and hands-on experiences at local community fetes. In our first year alone, we delivered 319 instrumental and vocal lessons, taught by three educators across two locations. Our collaboration with local businesses and community groups has led to outstanding performances and memorable experiences for both participants and audiences. We are especially proud of two key initiatives: the Havant Harp Group, a weekly meeting that brings together harp enthusiasts of all skill levels, and the Southeast-Hampshire Youth Orchestra, a youth-led ensemble supported by the Southern Music Project, our dedicated volunteers, and in partnership with the Havant Symphony Orchestra. Additionally, through partnerships with local community music groups, we have hosted free and low-cost concerts and workshops in schools and local music venues. These performances have not only showcased local talent but also inspired and uplifted both performers and audiences alike.
No consultation with stakeholders
The company director has been paid in line with the other educators engaged in music tuition. The company director has not received any additional payments outside of this role.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
8 February 2025
And signed on behalf of the board by:
Name: Adam Denman
Status: Director