for the Period Ended 30 June 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 13 months to 30 June 2023 | |
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£ |
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Current assets | |||
Cash at bank and in hand: |
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Total current assets: |
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Creditors: amounts falling due after more than one year: | 3 |
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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
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 30 June 2024
2024 | 13 months to 30 June 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
2024 | 13 months to 30 June 2023 | |
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£ | £ | |
Other creditors |
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Total |
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The company’s activities will provide benefits to emerging artists, the local population, and art/music enthusiasts through the provision of spaces where art can be created, exhibited, and performed. Local councils and landlords will also benefit through the creative occupation of vacant units. 1 – Spaces and studios where emerging artists can hone their crafts without the worry of crippling city centre rents 2- Councils and other landlords will benefit from the improved security of their premises as they are not left empty 3 - creation of a more vibrant and ‘alive’ community where things happen, as opposed to an area falling into decline 4 - Potential tenants will be more interested in the leases in the area, organising creative events, workshops, and talks. 5 - Promotion of culture and well-being through social engagement 6 - Enhanced mental health, emotional well-being and quality of life through participation in cultural and creative activities 7 - Visibility – spaces for creatives to showcase their talents
W Creative Studios has engaged both internal and external stakeholders through ongoing consultation to shape and improve its work. Internally, founders, directors, and volunteers contribute regularly through team meetings and strategic planning sessions, ensuring the organisation remains aligned with its values and responsive to operational needs. Externally, artists, landlords, local residents, and partner organisations have been consulted via surveys, informal feedback sessions, and community events. In response, W Creative Studios has implemented flexible access models for artists, introduced clearer communication channels for landlords, and curated more inclusive programming to reflect the interests and diversity of local communities. Feedback has directly informed the development of new partnerships and a more transparent, collaborative approach to activating creative spaces
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 March 2025
And signed on behalf of the board by:
Name: Daniela Magni
Status: Director