CREATIVE BEATZ-JAM CIC

Company limited by guarantee

Company Registration Number:
15197681 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 9 October 2023

End date: 31 October 2024

CREATIVE BEATZ-JAM CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

CREATIVE BEATZ-JAM CIC

Profit And Loss Account

for the Period Ended 31 October 2024

13 months to 31 October 2024


£
Turnover: 105,023
Cost of sales: ( 81,533 )
Gross profit(or loss): 23,490
Administrative expenses: ( 46,191 )
Operating profit(or loss): (22,701)
Profit(or loss) before tax: (22,701)
Profit(or loss) for the financial year: (22,701)

CREATIVE BEATZ-JAM CIC

Balance sheet

As at 31 October 2024

Notes 13 months to 31 October 2024


£
Fixed assets
Tangible assets: 3 350
Total fixed assets: 350
Current assets
Debtors: 4 141
Cash at bank and in hand: 2,981
Total current assets: 3,122
Creditors: amounts falling due within one year: 5 ( 12,538 )
Net current assets (liabilities): (9,416)
Total assets less current liabilities: (9,066)
Accruals and deferred income: ( 700 )
Total net assets (liabilities): (9,766)
Members' funds
Profit and loss account: (9,766)
Total members' funds: ( 9,766)

The notes form part of these financial statements

CREATIVE BEATZ-JAM CIC

Balance sheet statements

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

Name: D Baker
Status: Director

The notes form part of these financial statements

CREATIVE BEATZ-JAM CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

CREATIVE BEATZ-JAM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    13 months to 31 October 2024
    Average number of employees during the period 8

CREATIVE BEATZ-JAM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 350 350
Disposals
Revaluations
Transfers
At 31 October 2024 350 350
Depreciation
Charge for year
On disposals
Other adjustments
At 31 October 2024
Net book value
At 31 October 2024 350 350

CREATIVE BEATZ-JAM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

13 months to 31 October 2024
£
Trade debtors 141
Total 141

CREATIVE BEATZ-JAM CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

13 months to 31 October 2024
£
Other creditors 12,538
Total 12,538

COMMUNITY INTEREST ANNUAL REPORT

CREATIVE BEATZ-JAM CIC

Company Number: 15197681 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Provides an early years education setting on a not for profit basis

Consultation with stakeholders

First year of running the CIC local residents were consulted as to how to make the most of the activities provided

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 March 2025

And signed on behalf of the board by:
Name: D Baker
Status: Director