CRAFTSHIP ENTERPRISE CIC

Company limited by guarantee

Company Registration Number:
11567759 (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

CRAFTSHIP ENTERPRISE 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

CRAFTSHIP ENTERPRISE CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 168,725 67,114
Cost of sales: ( 49,404 ) ( 40,557 )
Gross profit(or loss): 119,321 26,557
Administrative expenses: ( 114,672 ) ( 28,085 )
Operating profit(or loss): 4,649 (1,528)
Profit(or loss) before tax: 4,649 (1,528)
Tax: ( 754 ) 0
Profit(or loss) for the financial year: 3,895 (1,528)

CRAFTSHIP ENTERPRISE CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,170 6,366
Total fixed assets: 6,170 6,366
Current assets
Stocks: 4 5,890 3,425
Cash at bank and in hand: 9,812 7,426
Total current assets: 15,702 10,851
Creditors: amounts falling due within one year: 5 ( 1,234 ) ( 474 )
Net current assets (liabilities): 14,468 10,377
Total assets less current liabilities: 20,638 16,743
Total net assets (liabilities): 20,638 16,743
Members' funds
Profit and loss account: 20,638 16,743
Total members' funds: 20,638 16,743

The notes form part of these financial statements

CRAFTSHIP ENTERPRISE 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 16 June 2025
and signed on behalf of the board by:

Name: Melissa Dawkins
Status: Director

The notes form part of these financial statements

CRAFTSHIP ENTERPRISE 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

CRAFTSHIP ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 4 4

CRAFTSHIP ENTERPRISE 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 2,059 6,484 5,336 13,879
Additions 0 380 1,481 1,861
Disposals
Revaluations
Transfers
At 30 September 2024 2,059 6,864 6,817 15,740
Depreciation
At 1 October 2023 1,280 3,196 3,037 7,513
Charge for year 195 917 945 2,057
On disposals
Other adjustments
At 30 September 2024 1,475 4,113 3,982 9,570
Net book value
At 30 September 2024 584 2,751 2,835 6,170
At 30 September 2023 779 3,288 2,299 6,366

CRAFTSHIP ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Stocks

2024 2023
£ £
Stocks 5,890 3,425
Total 5,890 3,425

CRAFTSHIP ENTERPRISE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 754 0
Accruals and deferred income 480 474
Total 1,234 474

COMMUNITY INTEREST ANNUAL REPORT

CRAFTSHIP ENTERPRISE CIC

Company Number: 11567759 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

We continue to bring creativity to our community in a multitude of ways. Our original shop that sells locally made products on behalf of small creative businesses is the foundation of our organisation. From here we support local creative businesses who then get involved in key creative projects we are commissioned for locally enabling many creatives to earn a living from being freelance creative practitioners. These freelancers can skill share via our workshop and community, creative studio space which also helps them support themselves financially. These workshops, clubs & creative projects have a huge positive impact on our community by facilitating creative space where the public can learn new skills, be together and make new friends increasing well being and belonging in our community. We work with people from diverse ethnic backgrounds and all age groups with beneficiaries from 3 months to 93 years. We are a predominantly female organisation and seem to have higher proportion of people who identify as female as our participants & beneficiaries. There are many people who are neuro diverse in our organisation. We try to make our space accessible & welcoming for those with disabilities.

Consultation with stakeholders

Our shop members & creative community are our stakeholders as well as Ashford as a whole! The local council are also very important to be kept in the loop. We chat face to face to our members & engage them in conversations about how we evolve & develop. We have a Facebook group where all info is shared and folks are encouraged to give feedback and ideas. We send a monthly report to Ashford Borough Council and we have regular meeting with them also.

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
16 June 2025

And signed on behalf of the board by:
Name: Melissa Dawkins
Status: Director