HAARLEM STUDIOS CIC

Company limited by guarantee

Company Registration Number:
14345482 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

HAARLEM STUDIOS CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

HAARLEM STUDIOS CIC

Balance sheet

As at 31 December 2024

Notes 2024 16 months to 31 December 2023


£

£
Fixed assets
Tangible assets: 3 329 439
Total fixed assets: 329 439
Current assets
Debtors: 4 6,408 4,245
Cash at bank and in hand: 1,044 902
Total current assets: 7,452 5,147
Creditors: amounts falling due within one year: 5 ( 6,544 ) ( 4,884 )
Net current assets (liabilities): 908 263
Total assets less current liabilities: 1,237 702
Total net assets (liabilities): 1,237 702
Members' funds
Profit and loss account: 1,237 702
Total members' funds: 1,237 702

The notes form part of these financial statements

HAARLEM STUDIOS CIC

Balance sheet statements

For the year ending 31 December 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.

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 7 May 2025
and signed on behalf of the board by:

Name: Paul Carr
Status: Director

The notes form part of these financial statements

HAARLEM STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 December 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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 25% Reducing Balance

HAARLEM STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 16 months to 31 December 2023
    Average number of employees during the period 0 0

HAARLEM STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 490 490
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 490 490
Depreciation
At 1 January 2024 51 51
Charge for year 110 110
On disposals
Other adjustments
At 31 December 2024 161 161
Net book value
At 31 December 2024 329 329
At 31 December 2023 439 439

HAARLEM STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 16 months to 31 December 2023
£ £
Trade debtors 6,408 4,245
Total 6,408 4,245

HAARLEM STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 16 months to 31 December 2023
£ £
Taxation and social security 482 2,887
Accruals and deferred income 4,065 250
Other creditors 1,997 1,747
Total 6,544 4,884

COMMUNITY INTEREST ANNUAL REPORT

HAARLEM STUDIOS CIC

Company Number: 14345482 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

We provide over 40 artists, makers & creatives affordable studio spaces within a historic cotton mill. We have supported artist residencies, exhibitions & have commissioned artworks for community benefit.

Consultation with stakeholders

Our studio holders are the stakeholders, and they are regularly consulted directly through whatsapp channels or emailed newsletters, and indirectly through regular social gatherings and events.

Directors' remuneration

Remuneration amounting £11,165 was paid for the administrative, financial & strategic guidance provided.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
7 May 2025

And signed on behalf of the board by:
Name: Paul Carr
Status: Director