PAPERWORK THEATRE CIC

Company limited by guarantee

Company Registration Number:
11509474 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

PAPERWORK THEATRE CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

PAPERWORK THEATRE CIC

Directors' report period ended 31 August 2024

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

Principal activities of the company

The company's principal activity during the year continued to be the creation and delivery of artistic activity with a strong focus on community access for the arts.

Additional information

Small company Provisions This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.



Directors

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

Nicole Behan
Siofra McKeon-Carter


The director shown below has held office during the period of
1 September 2023 to 24 July 2024

Hayley Greggs


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
6 March 2025

And signed on behalf of the board by:
Name: Nicole Behan
Status: Director

PAPERWORK THEATRE CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Turnover: 39,978 69,394
Cost of sales: ( 53,952 ) ( 77,078 )
Gross profit(or loss): (13,974) (7,684)
Administrative expenses: ( 61,634 ) ( 44,709 )
Other operating income: 62,637 48,545
Operating profit(or loss): (12,971) (3,848)
Interest receivable and similar income: 11
Profit(or loss) before tax: (12,960) (3,848)
Tax: 19,680 10,041
Profit(or loss) for the financial year: 6,720 6,193

PAPERWORK THEATRE CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 20,680 10,390
Cash at bank and in hand: 28,850 14,357
Total current assets: 49,530 24,747
Creditors: amounts falling due within one year: 4 ( 24,819 ) ( 6,756 )
Net current assets (liabilities): 24,711 17,991
Total assets less current liabilities: 24,711 17,991
Total net assets (liabilities): 24,711 17,991
Members' funds
Profit and loss account: 24,711 17,991
Total members' funds: 24,711 17,991

The notes form part of these financial statements

PAPERWORK THEATRE CIC

Balance sheet statements

For the year ending 31 August 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 6 March 2025
and signed on behalf of the board by:

Name: Nicole Behan
Status: Director

The notes form part of these financial statements

PAPERWORK THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 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, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

    Other accounting policies

    Debtors Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted

PAPERWORK THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

PAPERWORK THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Trade debtors 1,000 0
Other debtors 19,680 10,390
Total 20,680 10,390

PAPERWORK THEATRE CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 0 1,780
Taxation and social security 2,157 642
Other creditors 22,662 4,334
Total 24,819 6,756

COMMUNITY INTEREST ANNUAL REPORT

PAPERWORK THEATRE CIC

Company Number: 11509474 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company continued to deliver women focussed creative courses for local women through the Rise Up programme, delivering weekly sessions to 15 participants with end of term performances including devised productions and a scripted performance of Second Person Narrative by Jemma Kennedy. The course also improved employability skills for local women by hosting networking events with local female leaders and mentoring sessions with participants to set personal goals. The company delivered Elfie Selfie, a walkabout act for families at St Johns Shopping Centre in Liverpool City Centre. In partnership with Open Culture and Liverpool BID to bring high quality festive arts activity to local people, for free. The company began developing a new show ‘Shattered” which explored aspirations and achievements and how these are affected depending on where you are from. As part of the development process they delivered 10 workshops with schools, women’s groups community groups and the general public hosted in Liverpool and Knowsley library services. They hosted 1 week of Research and Development with professional actors and a writer to develop the script, hosted at Liverpool Light house, a community and arts hub in Anfield. Created and toured Lovestruck, an immersive interactive theatre performance which visited 3 venues (Liverpool Everyman, Shakespeare North Playhouse and Storyhouse) engaging local people as audiences in each location. 20+ freelance artists from the North West region were involved in paid roles in the development of the production from actors, Director, Set and Costume designers, prop makers and our Stage Management team- celebrating the best local talent. Local communities engaged in the themes of the production through 3 x short creative drama courses in their area caleed 'How to Save the World' and used the climate crisis as a theme, delivered in partnership with each touring venue. Young people age 14-25 took part in these and created their own interactive and immersive drama and film experiences

Consultation with stakeholders

Our strategy is informed by the insights of the people we create and engage ensuring a diverse and dynamic approach. We invite communities to co-design the ideas we stage through our Community Panel and make space for them to tell their own stories in a programme of Community projects including RISE UP, a creative skills course for women. Paperwork Theatre is led by 3 company directors (1 resigned July 2024). Our stakeholders include public audiences & community groups who access our productions, theatre making artists who engage in our development programme and/or who are employed by the company, participants who engage in our community outreach work, project partners and funders. In reflection of the world around us, Paperwork Theatre is ever-changing, reaching new people and voices in the heart of our communities and beyond. We host detailed evaluation with stakeholders at the end of each project we deliver to allow participants and staff to offer feedback and insights to develop the work we create.

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
29 April 2025

And signed on behalf of the board by:
Name: Nicole Behan
Status: Director