ART IN THE ATTIC CO-OPERATIVE CIC

Company limited by guarantee

Company Registration Number:
12583360 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

ART IN THE ATTIC CO-OPERATIVE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ART IN THE ATTIC CO-OPERATIVE CIC

Directors' report period ended 31 May 2024

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

Principal activities of the company

The company's principle activity for the year continued to be providing an outlet for self-employed crafters and self-published authors. Community based art, music and craft events.



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Mr Michael Morton
 Dr Maria Susy Rogers

The director shown below has held office during the period of
1 June 2023 to 4 May 2024

Mrs Teresa Ann Bressington

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
25 May 2025

And signed on behalf of the board by:
Name: Mr Michael Morton
Status: Director

ART IN THE ATTIC CO-OPERATIVE CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£
£
Current assets
Debtors: 3 180 180
Cash at bank and in hand: 435 2,184
Total current assets: 615 2,364
Creditors: amounts falling due within one year: 4 ( 265 ) ( 370 )
Net current assets (liabilities): 350 1,994
Total assets less current liabilities: 350 1,994
Total net assets (liabilities): 350 1,994
Members' funds
Profit and loss account: 350 1,994
Total members' funds: 350 1,994

The notes form part of these financial statements

ART IN THE ATTIC CO-OPERATIVE CIC

Balance sheet statements

For the year ending 31 May 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 25 May 2025
and signed on behalf of the board by:

Name: Mr Michael Morton
Status: Director

The notes form part of these financial statements

ART IN THE ATTIC CO-OPERATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 May 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 measured at the fair value of the consideration received or receivable. Turnover includes revenue from the sales of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

ART IN THE ATTIC CO-OPERATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

ART IN THE ATTIC CO-OPERATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Other debtors 180 180
Total 180 180

ART IN THE ATTIC CO-OPERATIVE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 90
Accruals and deferred income 265 280
Total 265 370

COMMUNITY INTEREST ANNUAL REPORT

ART IN THE ATTIC CO-OPERATIVE CIC

Company Number: 12583360 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

The Company's activities provided benefit to the Community in providing a space for art practitioners, events and exhibitions, the sale of various crafts, music items, literature as a retail outlet for art practitioners. The Community benefited by having access to a range of literature, book and musical events in the locality instead of having to travel, an outlet for local authors, artists and crafters to display and share their work.

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
25 May 2025

And signed on behalf of the board by:
Name: Mr M Morton
Status: Director