for the Period Ended 31 August 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2023
to
31 August 2024
Secretary
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
| 2024 | 2023 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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( |
| Distribution costs: |
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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( |
| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
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( |
| Tax: |
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2024 | 2023 | |
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£ |
£ |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 3 |
(
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(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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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 31 August 2024
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 August 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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Rainhill Arts College CIC was created to support, nurture and facilitate the positive education, social and personal development of the school and local community surrounding Rainhill High School. The organisation has given the local community, especially young people, the opportunity to embrace new activities and experiences through the programmes and activities offered. The facility operates from within the school buildings and benefits from on-site collaboration with key partners such as Rainhill Parish Council, Liverpool Institute or Performing Art (LIPA) and the Fowler Education Football Academy. Any profit generated has, and will continue to be, reinvested into the Rainhill High School (Stephenson MAT) budget to maintain and improve the facilities for the pupils at the school and consequently have a positive impact on not only their personal, social and economic well-being but that of the wider community as well.
The stakeholders arc the users of the facility, school staff and the wider local community. Stakeholders arc consulted regularly when they make use of the facility throughout the school day, out of school hours and through their attendance at numerous 'one-off events staged at the school. The Community Use Officer has responsibility for coordinating the bookings and events associated with Rainhill Arts College CIC and regularly seeks feedback from stakeholders (through informal conversations as well as formal methods such as questionnaires and quarterly meetings with stakeholders) before passing that feedback to the Directors of the company, who take any necessary action to ensure the continued success and positive impact of the company. A short annual report regarding stakeholder feedback is submitted by the Community Use Officer to the Directors on an annual basis.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
12 December 2024
And signed on behalf of the board by:
Name: David Boyer
Status: Director