FEMFEST BRIGHTON CIC

Company limited by guarantee

Company Registration Number:
15102965 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 29 August 2023

End date: 31 August 2024

FEMFEST BRIGHTON CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

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

FEMFEST BRIGHTON CIC

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

The company was incorporated on 29 August 2023 and began trading on 1 September 2023. From this date, the principal activity of the company was that of the provision of performing arts. On 31 August 2024 the company ceased trading.



Directors

The director shown below has held office during the whole of the period from
29 August 2023 to 31 August 2024

Madeleine Ross


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
6 May 2025

And signed on behalf of the board by:
Name: Madeleine Ross
Status: Director

FEMFEST BRIGHTON CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024


£
Turnover: 8,363
Cost of sales: ( 6,229 )
Gross profit(or loss): 2,134
Administrative expenses: ( 2,335 )
Operating profit(or loss): (201)
Profit(or loss) before tax: (201)
Profit(or loss) for the financial year: (201)

FEMFEST BRIGHTON CIC

Balance sheet

As at 31 August 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 399
Total current assets: 399
Creditors: amounts falling due within one year: 3 ( 600 )
Net current assets (liabilities): (201)
Total assets less current liabilities: (201)
Total net assets (liabilities): (201)
Members' funds
Profit and loss account: (201)
Total members' funds: ( 201)

The notes form part of these financial statements

FEMFEST BRIGHTON CIC

Balance sheet statements

For the year ending 31 August 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 6 May 2025
and signed on behalf of the board by:

Name: Madeleine Ross
Status: Director

The notes form part of these financial statements

FEMFEST BRIGHTON CIC

Notes to the Financial Statements

for the Period Ended 31 August 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 is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

    Other accounting policies

    Company information Femfest Brighton CIC is a private company limited by guarantee incorporated in England and Wales. The registered office is 51 Kings Drive, Hassocks, West Sussex, BN6 8DY. Accounting convention These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view. The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. Financial instruments The company has the following Basic Financial Instruments:- Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. 2 Judgements and key sources of estimation uncertainty In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

FEMFEST BRIGHTON CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

FEMFEST BRIGHTON CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Creditors: amounts falling due within one year note

2024
£
Other creditors 600
Total 600

COMMUNITY INTEREST ANNUAL REPORT

FEMFEST BRIGHTON CIC

Company Number: 15102965 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

September – November 2023: We began coordinating and pulling together resources to prepare for our 2024 community festival. We also began talking to artists and local businesses to prepare for our annual winter fundraiser. December 2023: We were mostly prepping for our festive fundraiser which occurred on December the 17th 2023: The event included a crafting afternoon which was free to attend with crafting supplies provided to allow our community to meet and create festive crafts together. We also held a cabaret night featuring a line up of trans, non-binary and female folks, we used a tiered ticketing structure to allow people from different economic backgrounds to attend. We had raffle tickets also with prizes sourced from local businesses. We raised roughly £700 through this event which went to our free ticket fund. The fund provided 70 free tickets to our 2024 festival for folks with economic barriers, whilst ensuring our artists were still paid their ticket sales. The event sold out for the crafting afternoon and cabaret. January 2024 - February 2024: We prepared for our festival and also held mentoring sessions with our three early career artists. This mentorship included: direction support, dramaturgy, graphic design and tech support as well as general troubleshooting and mental wellbeing checks to ensure our artists were not too overwhelmed. We held a week of free rehearsal space at Brighton dome for all performing artist’s at the 2024 festival. We had a really good uptake for this and had a nearly full schedule. Providing free rehearsal space for our artists was really beneficial as it can be incredibly expensive to find a room to create when you are from a working class background or have no external funding. March 2024: We held the festival, we had 695 recorded attendees from our community. We held multiple events across four days, events included 14 theatre/comedy performances, 2 variety/drag shows, 7 crafting workshops, 2 poetry events, 1 bellydancing workshop, and 1 scratch night (showcasing work from artists to gain audience feedback. All performance events were held using our tiered ticket structure (£5, £10, £15) to ensure there was attendance from community members facing economic barriers. We, as standard, have a no questions asked concession policy and ask folks to pay what they feel they can. As mentioned above we were also able to give away 70 free tickets to folks who couldn’t usually attend due to financing issues. Where possible financially we held events downstairs to ensure wheelchair users could participate in events. Many events were very explicit in their inclusion and who they were targeted at to ensure that we were reaching the right areas of our community, for instance events such as: “South Asian Women’s Poetry Workshop”, “Zine Making and Life Drawing for Disabled D*kes and Queers”, and “Gender Blender”. We wanted to be explicit in programming the festival to draw in our target community (female, non-binary and trans people in Brighton, Hove and surrounding areas). The 2024 festival was our most successful year yet with huge uptake in engagement from our community as well as being able to offer more to our fledgling artists. As of May 2024 we have decided to cease operations at FemFest whilst we establish a more sustainable model of working to ensure fair pay for all we work with.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Madeleine Ross
Status: Director