EXPRESSION OF YOU CIC

Company limited by guarantee

Company Registration Number:
12795546 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

EXPRESSION OF YOU 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

EXPRESSION OF YOU 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 principal activity of the company during the year under review was Video production activities, Portrait photographic activities, Artistic creation and Operation of arts facilities.

Additional information

The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.



Directors

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

Ashley Karrell WAITHE
Maria DAKOVA


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
30 May 2025

And signed on behalf of the board by:
Name: Ashley Karrell WAITHE
Status: Director

EXPRESSION OF YOU CIC

Profit And Loss Account

for the Period Ended 31 August 2024

2024 2023


£

£
Administrative expenses: ( 204 ) ( 1,404 )
Other operating income: 1,717 2,170
Operating profit(or loss): 1,513 766
Interest receivable and similar income: 0
Interest payable and similar charges: ( 52 )
Profit(or loss) before tax: 1,513 714
Profit(or loss) for the financial year: 1,513 714

EXPRESSION OF YOU CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 990
Cash at bank and in hand: 86 222
Total current assets: 1,076 222
Creditors: amounts falling due within one year: 4 ( 1,398 ) ( 2,057 )
Net current assets (liabilities): (322) (1,835)
Total assets less current liabilities: (322) ( 1,835)
Total net assets (liabilities): (322) (1,835)
Members' funds
Profit and loss account: (322) ( 1,835)
Total members' funds: ( 322) (1,835)

The notes form part of these financial statements

EXPRESSION OF YOU 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 30 May 2025
and signed on behalf of the board by:

Name: Ashley Karrell WAITHE
Status: Director

The notes form part of these financial statements

EXPRESSION OF YOU 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 measured at the fair value ofthe consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: -the Company has transferred to the buyer the significant risks and rewards of ownership of the goods -the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold -the amount of revenue can be measured reliably -it is probable that the economic benefits associated with the transaction will flow to the Company and -the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically,

    Other accounting policies

    Taxation Income tax expense represents the tax currently payable. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

EXPRESSION OF YOU CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 2

EXPRESSION OF YOU CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Debtors

2024 2023
£ £
Other debtors 990
Total 990

EXPRESSION OF YOU CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 502
Accruals and deferred income 874 633
Other creditors 524 922
Total 1,398 2,057

COMMUNITY INTEREST ANNUAL REPORT

EXPRESSION OF YOU CIC

Company Number: 12795546 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

2023-2024 was a difficult year for the world due to the continued echos from the Covid 19 pandemic and our CIC was unable to complete any other the plans we had previously want to do. The government lock downs made it difficult to plan activities for the year, find funding and connect with helpful organisations. Most of the plans to connect and collaborate with our communities has been moved to 2025-26.

Consultation with stakeholders

The consultation with the stakeholders was to rebuild the website, devise a plan year plan, to source funding for 2024-2026 creative activities.

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
30 May 2025

And signed on behalf of the board by:
Name: Ashley Karrell WAITHE
Status: Director