SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Company limited by guarantee

Company Registration Number:
09677372 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 1,208 1,473
Total fixed assets: 1,208 1,473
Current assets
Stocks: 4 246,225 174,003
Total current assets: 246,225 174,003
Creditors: amounts falling due within one year: 5 ( 75,871 ) ( 72,944 )
Net current assets (liabilities): 170,354 101,059
Total assets less current liabilities: 171,562 102,532
Creditors: amounts falling due after more than one year: 6 ( 16,333 ) ( 23,333 )
Accruals and deferred income: ( 157,510 ) ( 81,215 )
Total net assets (liabilities): (2,281) (2,016)
Members' funds
Profit and loss account: (2,281) ( 2,016)
Total members' funds: ( 2,281) (2,016)

The notes form part of these financial statements

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) 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.

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 24 October 2024
and signed on behalf of the board by:

Name: Sharon George
Status: Director

The notes form part of these financial statements

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) 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

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 August 2023 1,473 1,473
Additions
Disposals
Revaluations 265 265
Transfers
At 31 July 2024 1,208 1,208
Amortisation
At 1 August 2023 0 0
Charge for year
On disposals
Other adjustments
At 31 July 2024 0 0
Net book value
At 31 July 2024 1,208 1,208
At 31 July 2023 1,473 1,473

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Stocks

2024 2023
£ £
Stocks 246,225 174,003
Total 246,225 174,003

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 75,871 72,944
Total 75,871 72,944

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 16,333 23,333
Total 16,333 23,333

COMMUNITY INTEREST ANNUAL REPORT

SHADEMAKERS UK ARTS (TRADING AS SHADEMAKERS UK) CIC

Company Number: 09677372 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

Shademakers UK continue to design, produce and perform carnival, outdoor arts and performances.Drawing on participation from the local community , we aim to provide a platform for adults and young people through inclusive creativity and celebration using Art as a tool to effect social change. As part of our work as a National Portfolio Organisation of the Arts Council of England we endeavour to include all members of our local community regardless of age,gender, capability and faith. The subject matter we choose to portray in production and performance arises as a group consensus. We have focused our outreach projects on accessibility, engaging hard to reach community members and encouraging new audiences to engage with carnival, heritage skills and cultural activities. Shademakers UK CIC became a CIC in July 2015. There are 9 directors on the board and we have approximately 130 community members who regularly perform and volunteer with Shademakers.Governance of the company is achieved through quarterly board meetings and annual development days whereby an itinerant of the annual programme is discussed and planned. The board discuss activity and financial reports, monitor key performance indicators relating to Arts Council England.This year represents the 2nd of a 3-year funding agreement with ACE who have committed revenue grant until 2026. Funding for our activities and programme of work comes from ACE, Historic England, DCMS, Heritage Lottery Fund city councils and commissioned projects.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

£150,416

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 October 2024

And signed on behalf of the board by:
Name: Sharon George
Status: Director