DUNDEE COMMUNITY CRAFT CIC

Company limited by guarantee

Company Registration Number:
SC726692 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

DUNDEE COMMUNITY CRAFT CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

DUNDEE COMMUNITY CRAFT CIC

Directors' report period ended 31 March 2024

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

Principal activities of the company

The company receives income to provide skilled workshops to allow participants to improve their craft skills. The items made are then commercially sold to external consumers to allow for the profits to be re-invested and allow further programmes to be offered.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Stephanie Graham
Ryan Milne
Kate Pickering


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
31 March 2025

And signed on behalf of the board by:
Name: Stephanie Graham
Status: Director

DUNDEE COMMUNITY CRAFT CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 42,711 21,246
Cost of sales: ( 9,968 )
Gross profit(or loss): 32,743 21,246
Administrative expenses: ( 20,994 ) ( 17,641 )
Operating profit(or loss): 11,749 3,605
Profit(or loss) before tax: 11,749 3,605
Profit(or loss) for the financial year: 11,749 3,605

DUNDEE COMMUNITY CRAFT CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 15,354 3,605
Total current assets: 15,354 3,605
Net current assets (liabilities): 15,354 3,605
Total assets less current liabilities: 15,354 3,605
Total net assets (liabilities): 15,354 3,605
Members' funds
Profit and loss account: 15,354 3,605
Total members' funds: 15,354 3,605

The notes form part of these financial statements

DUNDEE COMMUNITY CRAFT CIC

Balance sheet statements

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

Name: Stephanie Graham
Status: Director

The notes form part of these financial statements

DUNDEE COMMUNITY CRAFT CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 recognised when the workshop has been provided or the goods have been sold.

DUNDEE COMMUNITY CRAFT CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

DUNDEE COMMUNITY CRAFT CIC

Company Number: SC726692 (Scotland)

Year Ending: 31 March 2024

Company activities and impact

The company was created in March 2022 and has since provided skilled workshops to members of the local community who are under represented and/or suffering socio-economic challenges, to allow them the opportunity to re-train in a different skill going forward.

Consultation with stakeholders

The company's stakeholders are participants of the skilled workshops provided in the surrounding area. The directors of the company have lived in the community affected for a number of years and developed the business model for the sustainable operation of the workshops. We ask everyone who engages with the programmes offered to complete feedback. This has helped the directors to build up a profile of local community needs and what we can do to meet them more effectively.

Directors' remuneration

The Non-Exec directors do not take a salary or extract funds from the CIC.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Stephanie Graham
Status: Director