C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Company limited by guarantee

Company Registration Number:
15742527 (England and Wales)

Unaudited statutory accounts for the year ended 24 May 2025

Period of accounts

Start date: 25 May 2024

End date: 24 May 2025

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Contents of the Financial Statements

for the Period Ended 24 May 2025

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

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Directors' report period ended 24 May 2025

The directors present their report with the financial statements of the company for the period ended 24 May 2025

Principal activities of the company

The Principal activity of the company includes: book publishing, cultural education, performing arts and artistic creation



Directors

The director shown below has held office during the period of
15 March 2025 to 24 May 2025

RODRIGUES, Melissa


The director shown below has held office during the period of
21 September 2024 to 24 May 2025

WACHIRA, Edna Wangari


The director shown below has held office during the whole of the period from
25 May 2024 to 24 May 2025

Chukwudi-Okeh Chinyere


The director shown below has held office during the period of
25 May 2024 to 10 September 2024

HOWELL, Gemma June, Dr


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
2 June 2025

And signed on behalf of the board by:
Name: Chukwudi-Okeh Chinyere
Status: Director

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Profit And Loss Account

for the Period Ended 24 May 2025

2025


£
Turnover: 40
Gross profit(or loss): 40
Distribution costs: ( 18,834 )
Administrative expenses: ( 63 )
Other operating income: 18,888
Operating profit(or loss): 31
Profit(or loss) before tax: 31
Profit(or loss) for the financial year: 31

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Balance sheet

As at 24 May 2025

Notes 2025


£
Fixed assets
Tangible assets: 3 709
Total fixed assets: 709
Current assets
Cash at bank and in hand: 1,852
Total current assets: 1,852
Creditors: amounts falling due within one year: 4 ( 368 )
Net current assets (liabilities): 1,484
Total assets less current liabilities: 2,193
Accruals and deferred income: ( 2,162 )
Total net assets (liabilities): 31
Members' funds
Profit and loss account: 31
Total members' funds: 31

The notes form part of these financial statements

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Balance sheet statements

For the year ending 24 May 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 2 June 2025
and signed on behalf of the board by:

Name: Chukwudi-Okeh Chinyere
Status: Director

The notes form part of these financial statements

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Notes to the Financial Statements

for the Period Ended 24 May 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment 3 Years

    Other accounting policies

    Accounting Policies Significant Accounting Policies Statement of Compliance These financial statements have been prepared in compliance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. Basis of Preparation The financial statements have been prepared under the historical cost convention, as modified by the revaluation of land and buildings and certain financial instruments measured at fair value. The financial statements are prepared in sterling, which is the functional currency of the company. Group Accounts The company is a parent company subject to the small companies regime. The company and its subsidiary comprise a small group and have taken advantage of the exemption under section 398 of the Companies Act 2006 not to prepare group accounts. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Government Grants Government grants received are credited to deferred income. Grants towards capital expenditure are released to income over the expected useful life of the asset. Grants towards revenue expenditure are released as the related expenditure is incurred. Operating Lease Rentals Lease payments are charged on a straight-line basis over the lease term. Research and Development Expenditure Such expenditure is charged to income in the period in which it is incurred. Website Costs Planning and operational costs for the company's website are expensed as incurred. Preference Dividends If preference shares are classified as liabilities, related dividends are recorded as interest payable in the income statement. Goodwill Acquired goodwill is stated at cost less amortisation. Amortisation is charged on a straight-line basis over its expected useful economic life. Tangible Fixed Assets Tangible fixed assets, excluding freehold land, are stated at cost or valuation less depreciation and any impairment provision. Depreciation is calculated to write off the cost or valuation less residual value over the expected useful lives. Computer Equipment: 3 years

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Notes to the Financial Statements

for the Period Ended 24 May 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Notes to the Financial Statements

for the Period Ended 24 May 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 772 772
Disposals
Revaluations
Transfers
At 24 May 2025 772 772
Depreciation
Charge for year 63 63
On disposals
Other adjustments
At 24 May 2025 63 63
Net book value
At 24 May 2025 709 709

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Notes to the Financial Statements

for the Period Ended 24 May 2025

4. Creditors: amounts falling due within one year note

2025
£
Other creditors 368
Total 368

COMMUNITY INTEREST ANNUAL REPORT

C3 CENTRE FOR CREATIVITY AND CULTURE CIC

Company Number: 15742527 (England and Wales)

Year Ending: 24 May 2025

Company activities and impact

1 Activities and Impact Summary During the reporting period, The C3 Centre for Creativity and Culture CIC delivered a series of arts-led projects and community-based initiatives that served the public good. Rooted in the Arts, Culture, Humanities and Social Integration, our work focused on empowering marginalised communities, particularly within Black, Asian and Minority Ethnic (BAME) groups, through inclusive creative programming. Our key activities included: Creative empowerment workshops supporting artistic development, mental health and cultural confidence, especially among displaced individuals and underrepresented youth Cultural exchange and public engagement through live performance, storytelling and workshops Creative therapy sessions exploring resilience, identity and belonging Community productions and documentation amplifying the experiences of Migrants, Asylum Seekers and Refugees, contributing to Black History and heritage preservation We worked primarily through Nganga Performing Arts, led by Chinyere Chukwudi-Okeh, delivering programming across Wales with measurable cultural and social impact 2 Benefits to the Community A Empowerment and Skills Development We offered mentoring, training and creative activities that improved confidence, skills and employability B Inclusivity and Representation We ensured BAME stories were celebrated, while promoting intercultural dialogue C Community Cohesion Through recurring festivals and cultural projects, we built bridges across diverse groups 3 Consultations and Feedback Programs were shaped through dialogue, participant feedback and collaboration with local leaders 4 Partnerships and Reach We collaborated with councils, schools, community groups and faith organisations, reaching audiences across Wales and beyond 5 Future Projects The Creative Therapy Project The C3 Culture Fusion Project Nganga Cultural Community Performances First Step to a Thousand Miles (completed) 6 Straplines Creativity Beyond Borders, Frontiers and Genres A Slice of Life in Performance, Print and Motion Pictures

Consultation with stakeholders

Our stakeholders are organisations and individuals who receive our services, partnerships, and collaborations directly. In this light, we conducted a survey to assess the impact of our services, which yielded 72 positive responses regarding the impact of our services. We have also carried out an open forum consultation with 83 people in attendance when our project, Creative Therapy was officially launched and attendees: young people, parents, directors, partner organisations signed off on the project symbol and we realised over 80 signatures approving our services and voluntarily pledging to be part of the work of exploring wellbeing through the mediums of creativity and culture. We have also consulted with diverse organisations in the third sector, which have delivered various activities for our community and plan to deliver more in the future. Such consultations culminated in actual sessional deliveries for our community, while the others yielded usage of venues for activities. These third sector consultations cover museums, centres, theatres, galleries, schools, community groups and 3rd sector organisations. Finally, in response to these consultations and collaborative projections, we have restrategised our deliveries for the next financial year. Based on the feedback from consultations with community members, we are developing improved projects and diversifying the scope of our deliveries to reflect the information gathered from partner organisations and community members.

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
7 June 2025

And signed on behalf of the board by:
Name: Chukwudi-Okeh Chinyere
Status: Director