DARTMOOR MAKERS CIC

Company limited by guarantee

Company Registration Number:
15035950 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 28 July 2023

End date: 31 July 2024

DARTMOOR MAKERS CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

DARTMOOR MAKERS CIC

Directors' report period ended 31 July 2024

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

Directors

The directors shown below have held office during the whole of the period from
28 July 2023 to 31 July 2024

Hatt Reiss
Nicholas Scott


The director shown below has held office during the period of
28 July 2023 to 4 July 2024

Kit Moore


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
25 April 2025

And signed on behalf of the board by:
Name: Hatt Reiss
Status: Director

DARTMOOR MAKERS CIC

Profit And Loss Account

for the Period Ended 31 July 2024

2024


£
Turnover: 9,423
Cost of sales: ( 3,160 )
Gross profit(or loss): 6,263
Administrative expenses: ( 6,315 )
Operating profit(or loss): (52)
Profit(or loss) before tax: (52)
Profit(or loss) for the financial year: (52)

DARTMOOR MAKERS CIC

Balance sheet

As at 31 July 2024

Notes 2024


£
Fixed assets
Tangible assets: 3 773
Total fixed assets: 773
Current assets
Debtors: 4 1,000
Cash at bank and in hand: 4,014
Total current assets: 5,014
Creditors: amounts falling due within one year: 5 ( 5,839 )
Net current assets (liabilities): (825)
Total assets less current liabilities: (52)
Total net assets (liabilities): (52)
Members' funds
Profit and loss account: (52)
Total members' funds: ( 52)

The notes form part of these financial statements

DARTMOOR MAKERS CIC

Balance sheet statements

For the year ending 31 July 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 25 April 2025
and signed on behalf of the board by:

Name: Hatt Reiss
Status: Director

The notes form part of these financial statements

DARTMOOR MAKERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 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 measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably

    Tangible fixed assets depreciation policy

    Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount. Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

DARTMOOR MAKERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

DARTMOOR MAKERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 800 800
Disposals
Revaluations
Transfers
At 31 July 2024 800 800
Depreciation
Charge for year 27 27
On disposals
Other adjustments
At 31 July 2024 27 27
Net book value
At 31 July 2024 773 773

DARTMOOR MAKERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Debtors

2024
£
Other debtors 1,000
Total 1,000

DARTMOOR MAKERS CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024
£
Other creditors 5,839
Total 5,839

COMMUNITY INTEREST ANNUAL REPORT

DARTMOOR MAKERS CIC

Company Number: 15035950 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Local residents, especially those who are unable to travel, local children at the Primary School and the elderly, have been able to access high quality art experiences, fostering connections, creativity and wellbeing. Dartmoor Makers has provided part-time, self-employment to six people in the local area. Since April 22nd 2024 we have had an average of 30-40 children attend our after school clubs each week during term time, a number of these places have been subsidised or free to the parents and carers. This has provided an invaluable opportunity to the local children, who would otherwise find it difficult to access these ongoing opportunities for creative growth and development. We have had three regular volunteers working with us in the pottery studio. We have run half term and holiday clubs for families and have provided a number of free and subsidised places to those that would otherwise not be able to afford to attend.

Consultation with stakeholders

The company’s stakeholders are residents of and visitors to the town of Chagford where the business is located. The directors of the company have lived in and around the town for a number of years and have developed the business based on their experience of talking to other residents. We asked local people to fill in a questionnaire about their aspirations for the town and the business. During our Crowdfunding campaign we ran a regular stall at the local market in the town to talk to people and gain feedback on our plans for the business and our activities. We found by talking to locals, that there is not enough provision for those wishing to access regular, high-quality art experiences and have based much of our offerings around the needs of the community. We regularly consult customers on what they would like to see moving forwards and have formed a steering group to have in-depth conversations with a cross-section of the community about our enterprise and what they would like to see us provide.

Directors' remuneration

No remuneration was received

Transfer of assets

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: Hatt Reiss
Status: Director