for the Period Ended 31 July 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 July 2024
Directors
The director shown below has held office during the whole of the period from
1 August 2023
to
31 July 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
2024 | 2023 | |
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Turnover: |
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Cost of sales: |
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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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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 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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Creditors: amounts falling due within one year: | 3 |
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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 July 2024
Basis of measurement and preparation
for the Period Ended 31 July 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Accruals and deferred income |
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Other creditors |
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Total |
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In the last financial year PRAH hosted over 30 artist residencies in its studios and in most cases also provided accommodation. This included a tie up with another Margate based organisation People Dem Collective which is resulting in hopefully an ongoing collaboration with 2 residencies coming from their community. these residencies are all free for artists. We have again over-delivered on plans and are building a good foundation for ongoing engagement with deserving artists
Our stakeholders are the musical artistic community. It was a suggestion from one that the accommodation was on site and this is something we have been implementing over the last 2 years. We have sourced a piano as well on the request of one of our previous residences who helped us find the instrument.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
25 April 2025
And signed on behalf of the board by:
Name: S J Bass
Status: Director