YES! CREATIVE BEATS CIC

Company limited by guarantee

Company Registration Number:
15144171 (England and Wales)

Unaudited statutory accounts for the year ended 7 October 2024

Period of accounts

Start date: 18 September 2023

End date: 7 October 2024

YES! CREATIVE BEATS CIC

Contents of the Financial Statements

for the Period Ended 7 October 2024

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

YES! CREATIVE BEATS CIC

Profit And Loss Account

for the Period Ended 7 October 2024

13 months to 7 October 2024


£
Turnover: 41,242
Cost of sales: ( 17,340 )
Gross profit(or loss): 23,902
Distribution costs: 0
Administrative expenses: ( 5,593 )
Other operating income: 0
Operating profit(or loss): 18,309
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 18,309
Tax: 0
Profit(or loss) for the financial year: 18,309

YES! CREATIVE BEATS CIC

Balance sheet

As at 7 October 2024

Notes 13 months to 7 October 2024


£
Fixed assets
Tangible assets: 3 2,077
Total fixed assets: 2,077
Current assets
Cash at bank and in hand: 17,508
Total current assets: 17,508
Net current assets (liabilities): 17,508
Total assets less current liabilities: 19,585
Provision for liabilities: ( 1,750 )
Accruals and deferred income: ( 11,423 )
Total net assets (liabilities): 6,412
Members' funds
Profit and loss account: 6,412
Total members' funds: 6,412

The notes form part of these financial statements

YES! CREATIVE BEATS CIC

Balance sheet statements

For the year ending 7 October 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 13 May 2025
and signed on behalf of the board by:

Name: Eric Lawson
Status: Director

The notes form part of these financial statements

YES! CREATIVE BEATS CIC

Notes to the Financial Statements

for the Period Ended 7 October 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

YES! CREATIVE BEATS CIC

Notes to the Financial Statements

for the Period Ended 7 October 2024

  • 2. Employees

    13 months to 7 October 2024
    Average number of employees during the period 0

    We use freelance facilitators only. we have no employees

YES! CREATIVE BEATS CIC

Notes to the Financial Statements

for the Period Ended 7 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 2,077 2,077
Disposals 0 0
Revaluations
Transfers
At 7 October 2024 2,077 2,077
Depreciation
Charge for year
On disposals
Other adjustments
At 7 October 2024
Net book value
At 7 October 2024 2,077 2,077

COMMUNITY INTEREST ANNUAL REPORT

YES! CREATIVE BEATS CIC

Company Number: 15144171 (England and Wales)

Year Ending: 7 October 2024

Company activities and impact

YES Creative Beats CIC has delivered a wide range of drumming and percussion-based workshops over the past year, with the aim of bringing people together, connecting communities, improving confidence, boosting mental health, and reducing loneliness. Most of our workshops were part of funded projects, allowing us to provide free access to participants. We have engaged with a wide demographic, including babies, children, teenagers, adults, older people, disabled adults, and people with specific conditions such as Parkinson’s. We have worked with schools (including special schools), NHS groups, and community organisations. We’ve also delivered skills-based sessions focusing on employability, communication, team-building, and personal development, as well as leadership skills We’ve supported many local events- by running large-scale, interactive community drumming workshops that are open to all.

Consultation with stakeholders

Workshop Participants: At YES! Creative Beats CIC, we regularly consult with our participants, tailoring our approach to suit each group’s needs. This includes before-and-after questionnaires, with visual formats for children and learning-disabled adults to ensure accessibility. Funders: We maintain close communication with our funders throughout each project, providing regular updates and gathering participant feedback to ensure everyone is satisfied with our delivery. Comprehensive end-of-project reports are produced to share outcomes and learnings and to inform future projects. These consultations help us continually improve our work and remain accountable to all our stakeholders. Company Directors: Directors communicate weekly to ensure everything is working as expected.

Directors' remuneration

One director has received financial renumeration during this accounting period. Payments were made, not for their role as director, but as payment as a self employed workshop facilitator. Emma Theunissen has received £8571 during this accounting period for delivering workshops.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Eric Lawson
Status: Director