LEGACY ARTS & CRAFTS C.I.C.

Company limited by guarantee

Company Registration Number:
14740771 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 29 February 2024

End date: 28 February 2025

LEGACY ARTS & CRAFTS C.I.C.

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

LEGACY ARTS & CRAFTS C.I.C.

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

The principal activity of the company throughout the year was the provision of other education and artistic creation actives within the community.



Directors

The directors shown below have held office during the whole of the period from
29 February 2024 to 28 February 2025

Elizabeth Lee
Elisabeth Murphy
John Murphy


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
3 June 2025

And signed on behalf of the board by:
Name: Elisabeth Murphy
Status: Director

LEGACY ARTS & CRAFTS C.I.C.

Profit And Loss Account

for the Period Ended 28 February 2025

2025 11 months to 28 February 2024


£

£
Turnover: 1,850 150
Cost of sales: ( 1,545 ) 0
Gross profit(or loss): 305 150
Administrative expenses: ( 284 ) ( 308 )
Operating profit(or loss): 21 (158)
Profit(or loss) before tax: 21 (158)
Profit(or loss) for the financial year: 21 (158)

LEGACY ARTS & CRAFTS C.I.C.

Balance sheet

As at 28 February 2025

Notes 2025 11 months to 28 February 2024


£

£
Current assets
Cash at bank and in hand: 147 150
Total current assets: 147 150
Creditors: amounts falling due within one year: 3 ( 284 ) ( 308 )
Net current assets (liabilities): (137) (158)
Total assets less current liabilities: (137) ( 158)
Total net assets (liabilities): (137) (158)
Members' funds
Profit and loss account: (137) ( 158)
Total members' funds: ( 137) (158)

The notes form part of these financial statements

LEGACY ARTS & CRAFTS C.I.C.

Balance sheet statements

For the year ending 28 February 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.

This report was approved by the board of directors on 3 June 2025
and signed on behalf of the board by:

Name: Elisabeth Murphy
Status: Director

The notes form part of these financial statements

LEGACY ARTS & CRAFTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 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 represents net invoiced sales of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment @20% on the Reducing Balance Method

LEGACY ARTS & CRAFTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 11 months to 28 February 2024
    Average number of employees during the period 0 0

LEGACY ARTS & CRAFTS C.I.C.

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Creditors: amounts falling due within one year note

2025 11 months to 28 February 2024
£ £
Accruals and deferred income 284 308
Total 284 308

COMMUNITY INTEREST ANNUAL REPORT

LEGACY ARTS & CRAFTS C.I.C.

Company Number: 14740771 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

Legacy Arts & crafts CIC has been running classes and workshops in the community for some time now. We have covered a wide range of crafts old and new . Our sessions have allowed members of the community to come together, enjoy creativity and friendship and enjoy the benefits for their mental health. Sadly it has become too difficult to get funding so we have made the decision to close our CIC .

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
3 June 2025

And signed on behalf of the board by:
Name: Mrs E Murphy
Status: Director