BELOVED THEATRE COMPANY CIC

Company limited by guarantee

Company Registration Number:
14898955 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 29 May 2023

End date: 31 May 2024

BELOVED THEATRE COMPANY CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

BELOVED THEATRE COMPANY 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

During this financial year (2023-2024), the company was funded to deliver a summer programme to young people and care leavers in Lambeth from July-August 2023. The programme benefitted the young people in the following ways: - Young people reported a marked improvement in their confidence, leadership, communication and team building skills - Young people left the programme with a personal development form which was used to aid their learning and inform their support network on how to better support their personal and professional development - Young people gained opportunities into the arts industry and future employment/work experience - Young people as a result of the programme had the tools to stay in school or go onto further education



Directors

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

Lia Deans
Latifaha Ireland


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
29 May 2025

And signed on behalf of the board by:
Name: Lia Deans
Status: Director

BELOVED THEATRE COMPANY CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024


£
Turnover: 15,000
Cost of sales: ( 15,324 )
Gross profit(or loss): (324)
Operating profit(or loss): (324)
Profit(or loss) before tax: (324)
Profit(or loss) for the financial year: (324)

BELOVED THEATRE COMPANY CIC

Balance sheet

As at 31 May 2024

Notes 2024


£
Current assets
Debtors: 3 43
Cash at bank and in hand: 133
Total current assets: 176
Creditors: amounts falling due within one year: 4 ( 500 )
Net current assets (liabilities): (324)
Total assets less current liabilities: (324)
Total net assets (liabilities): (324)
Members' funds
Profit and loss account: (324)
Total members' funds: ( 324)

The notes form part of these financial statements

BELOVED THEATRE COMPANY 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.

This report was approved by the board of directors on 29 May 2025
and signed on behalf of the board by:

Name: Lia Deans
Status: Director

The notes form part of these financial statements

BELOVED THEATRE COMPANY 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

BELOVED THEATRE COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024
    Average number of employees during the period 2

BELOVED THEATRE COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024
£
Other debtors 43
Total 43

Over paid £20 in reimbursement and company director owes due to incorrect spend on account

BELOVED THEATRE COMPANY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024
£
Other creditors 500
Total 500

Payment for accountancy fees that have been accrued

COMMUNITY INTEREST ANNUAL REPORT

BELOVED THEATRE COMPANY CIC

Company Number: 14898955 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

During this financial year (2023-2024), the company was funded to deliver a summer programme to young people and care leavers in Lambeth from July-August 2023. The programme benefited the young people in the following ways: - Young people reported a marked improvement in their confidence, leadership, communication and team building skills - Young people left the programme with a personal development form which was used to aid their learning and inform their support network on how to better support their personal and professional development - Young people gained opportunities into the arts industry and future employment/work experience - Young people as a result of the programme had the tools to stay in school or go onto further education

Consultation with stakeholders

The company’s stakeholders are Lambeth council and young people within Lambeth; we spoke to Lambeth Children’s Social Care, Head of Community and Safety and Lead Commissioner of Youth and Play to discuss how best to engage young people within the borough and our community. The stakeholders we spoke to discussed the importance of tackling Violence against Women & Girls to improve safety within the community and so we designed the Something About Love programme to equip young women with a toolkit of skills to help support them through stressful, traumatic and challenging situations; this saw them see marked improvements in areas such as their confidence, leadership, communication and team building.

Directors' remuneration

The directors received a combined amount of £12,700 during this financial year. This went towards their hours of work on the project and reimbursements for the summer programme expenditure which came from the directors themselves as funding was received 2 months after the delivery of the programme.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Lia Deans
Status: Director