MIDDLESBROUGH MELA CIC

Company limited by guarantee

Company Registration Number:
14700007 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

MIDDLESBROUGH MELA CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MIDDLESBROUGH MELA CIC

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£

£
Current assets
Cash at bank and in hand: 122,721 68,744
Total current assets: 122,721 68,744
Creditors: amounts falling due within one year: 3 ( 90,126 ) ( 56,218 )
Net current assets (liabilities): 32,595 12,526
Total assets less current liabilities: 32,595 12,526
Total net assets (liabilities): 32,595 12,526
Members' funds
Profit and loss account: 32,595 12,526
Total members' funds: 32,595 12,526

The notes form part of these financial statements

MIDDLESBROUGH MELA CIC

Balance sheet statements

For the year ending 31 March 2025 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 23 May 2025
and signed on behalf of the board by:

Name: Prakash Patel
Status: Director

The notes form part of these financial statements

MIDDLESBROUGH MELA CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

MIDDLESBROUGH MELA CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 3 3

MIDDLESBROUGH MELA CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 13 months to 31 March 2024
£ £
Taxation and social security 4,707 2,938
Accruals and deferred income 32,554 4,810
Other creditors 52,865 48,470
Total 90,126 56,218

COMMUNITY INTEREST ANNUAL REPORT

MIDDLESBROUGH MELA CIC

Company Number: 14700007 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Middlesbrough Mela CIC organise the annual Middlesbrough Mela. This is a free, high profile multi cultural festival of regional significance which reflects the aspirations and needs of the communities within Middlesbrough and the wider Tees Valley area. Founded in March 2023, the festival works to spread multi cultural awareness as well as aiming to engender respect and awareness for one another's communities, whilst celebrating diversity through cultural participation. It is committed to delivering inclusive and engaging multicultural experiences which unite audiences from all backgrounds, ages and interests. This is achieved by showcasing the very best of global culture, including captivating performances, immersive educational workshops and delicacies from around the world. During the financial year 2024 to 2025, the organisation's activities have benefited the community in the following ways: 1.All events are free of charge, inclusive and accessible to all 2. Over 50 additional employment opportunities were generated for local people 3.More than 75 volunteers engaged in community and cultural activity 4.More than 1000 young people participated in childrens workshops 5.50000 attendees across our annual event program, with 30000 attendees at last years Mela alone. 6.Mela generates more than 1 million pounds for the local economy. 7.Mela works with local schools, charities, community groups and cultural partners, aiming to reach every corner of the Tees Valley and support areas where we are needed most. 8.High levels of integration and cohesion. 55 percent of our audience identify as part of the global majority 9.Mela is one of the main cultural events in the calendar of the South Asian diaspora, giving the opportunity to see international Asian artists and enjoy an outdoor festival, often for the first time

Consultation with stakeholders

The companys stakeholders are as follows: 1.Visitors – mainly from within Tees Valley although some travel from all over UK 2.Traders – majority are regional or national who attend as stall holders to sell their specialist products which are unavailable in the North East. 3.Suppliers – mainly local to support and encourage business growth and the local economy. 4.Local Authority Partners – specialist knowledge and expertise in public safety, licensing and large outdoor events. 5.Staff and Directors – all with extensive local knowledge as they have lived in the area for a number of years and developed the business model for the Mela based on their experiences of growing up with east and western cultural identities. Consultations take place regularly with all stakeholders and monthly planning meetings are held with local authority partners to ensure all legal, licensing and health and safety obligations are met. Evaluations are carried out using visitor surveys and stakeholder questionnaires. This has helped us to build up a profile of attendees needs and what we can do to meet them more effectively. Our research has enabled us to identify the popular trends that affect the Indian diaspora and how much Mela matters to them for fostering positive integration and social harmony within society. We encourage year round feedback from all stakeholders via direct communication and our social media platforms in order to continuously improve our offering.

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
23 May 2025

And signed on behalf of the board by:
Name: Prakash Patel
Status: Director