VIRTUALLY THERE STUDIO CIC

Company limited by guarantee

Company Registration Number:
13608966 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

VIRTUALLY THERE STUDIO CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

VIRTUALLY THERE STUDIO CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 2,995 12,257
Cost of sales: ( 617 ) ( 13,033 )
Gross profit(or loss): 2,378 (776)
Administrative expenses: ( 1,610 )
Operating profit(or loss): 768 (776)
Profit(or loss) before tax: 768 (776)
Tax: ( 147 )
Profit(or loss) for the financial year: 621 (776)

VIRTUALLY THERE STUDIO CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 790 790
Total fixed assets: 790 790
Net current assets (liabilities):  
Total assets less current liabilities: 790 790
Total net assets (liabilities): 790 790
Members' funds
Profit and loss account: 790 790
Total members' funds: 790 790

The notes form part of these financial statements

VIRTUALLY THERE STUDIO CIC

Balance sheet statements

For the year ending 30 September 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 22 June 2025
and signed on behalf of the board by:

Name: Emily Godden
Status: Director

The notes form part of these financial statements

VIRTUALLY THERE STUDIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

VIRTUALLY THERE STUDIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

VIRTUALLY THERE STUDIO CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2023 790 790
Additions
Disposals
Revaluations
Transfers
At 30 September 2024 790 790
Depreciation
At 1 October 2023
Charge for year
On disposals
Other adjustments
At 30 September 2024
Net book value
At 30 September 2024 790 790
At 30 September 2023 790 790

COMMUNITY INTEREST ANNUAL REPORT

VIRTUALLY THERE STUDIO CIC

Company Number: 13608966 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

In the period October 2023 to September 2024 we worked with a range of Arts organisations and charities in the East of England including Signals, Game Anglia and The Cut to support humans with digital literacy. We did this via workshops, exhibitions, events and new for us, supporting an Artist Residency project called The Summer Project.

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
22 June 2025

And signed on behalf of the board by:
Name: Emily Godden
Status: Director