for the Period Ended 30 April 2025
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 April 2025
Directors
The director shown below has held office during the whole of the period from
1 May 2024
to
30 April 2025
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
2025 | 13 months to 30 April 2024 | |
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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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(
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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 | 2025 | 13 months to 30 April 2024 | |
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£ |
£ |
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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 30 April 2025
Basis of measurement and preparation
for the Period Ended 30 April 2025
2025 | 13 months to 30 April 2024 | |
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Average number of employees during the period |
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Over the past year Open Art Spaces CIC has actively contributed to the community by: Organising and hosting inclusive art workshops, exhibitions, and community events to foster creativity and cultural engagement. Providing free and subsidised access to artistic resources and skillsharing. Supporting and mentoring emerging artists by providing free and subsidised spaces, along with tailored business advice to foster their professional growth. Establishing partnerships with artists to showcase their work and provide them with development opportunities.
We have engaged stakeholders through: Regular feedback surveys distributed to participants and attendees of our events and workshops. Requesting feedback from funders and donors that provide financial support to the CIC, to gather input and suggestions for community members. Utilising social media platforms and newsletters to invite feedback and ideas from our wider audience.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services and expenses incurred during their duties was £19047. The directors did not receive any extra payments or bonuses beyond what has already been reported. There were no special deals or financial arrangements made to compensate any director if they left their position. Everything related to payments or benefits for directors has been properly disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 May 2025
And signed on behalf of the board by:
Name: Emma Murphy
Status: Director