MIMAR COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
13679748 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

MIMAR COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

MIMAR COLLECTIVE CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Zainab Pooya
Sarah Hadi Shah
Abbas Shah
Ayesha Shui Yin Ma


Secretary Sarah Hadi Shah

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
5 May 2025

And signed on behalf of the board by:
Name: Sarah Hadi Shah
Status: Secretary

MIMAR COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 4,630 17,480
Cost of sales: ( 4,630 ) ( 13,207 )
Gross profit(or loss): 0 4,273
Administrative expenses: ( 592 ) ( 3,394 )
Operating profit(or loss): (592) 879
Profit(or loss) before tax: (592) 879
Tax: ( 176 )
Profit(or loss) for the financial year: (592) 703

MIMAR COLLECTIVE CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 500
Cash at bank and in hand: 2,487 8,178
Total current assets: 2,487 8,678
Creditors: amounts falling due within one year: 4 ( 2,353 ) ( 4,951 )
Net current assets (liabilities): 134 3,727
Total assets less current liabilities: 134 3,727
Accruals and deferred income: ( 3,000 )
Total net assets (liabilities): 134 727
Members' funds
Profit and loss account: 134 727
Total members' funds: 134 727

The notes form part of these financial statements

MIMAR COLLECTIVE 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 5 May 2025
and signed on behalf of the board by:

Name: Sarah Hadi Shah
Status: Director

The notes form part of these financial statements

MIMAR COLLECTIVE 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 Financial Reporting Standard 101

    Turnover policy

    The turnover shown in the profit and loss represents revenue recognised by the company in respect of goods and services supplied during the period.

    Other accounting policies

    Accounting Principles Basis of measurement and preparation of accounts. The financial statements have been prepared under the historical cost convention and in accordance with the Financial Reporting Standards for Smaller Entities. Turnover Policy The turnover shown in the profit and loss represents revenue recognised by the company in respect of goods and services supplied during the period. Government Grants Turnover includes amounts received from various bodies in the forms of grants. Members Liquidity The company is a private limited company limited by guarantee and consequently does not have share capital. Each of its members are liable to contribute and amount not exceeding more than £1 towards the assets of the company in the case of liquidation.

MIMAR COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

MIMAR COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 2023
£ £
Other debtors 500
Total   500

MIMAR COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 2,353 4,951
Total 2,353 4,951

COMMUNITY INTEREST ANNUAL REPORT

MIMAR COLLECTIVE CIC

Company Number: 13679748 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The main focus during this year was the development of Mimar as an organisation, which also led to the development of a relationship with Birmingham and Solihull Mental Health NHS Foundation Trust. We had received a grant in March 2023 from BirminghamCity Council’s Cultural Leadership Fund. This was legacy funding following our participation in the Birmingham 2022 Festival. The Cultural Leadership fund was a grant of £10,00 to develop our new arts organisation, working with senior arts professionals through a combination of coaching, mentoring, networking, business planning and Board development. This process continued for most of the year and helped us to articulate our vision and goals, placing us as a theatre company working in the arts and mental health with vulnerable people in inner city communities - at the nexus of arts, mental health and health inequalities. Highlights: In November 2023 we participated in the Exchange Festival delivered by Moseley Road Baths, running a day of co-created storytelling workshops for families titled ‘The Phoenix and the Olive Tree. These were designed in response to the local community’s grief over world events and offered the possibilities of hope and healing. This built on our experience the previous year with our successful creative wellbeing project, Spread Your Wings.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £2,630. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 April 2025

And signed on behalf of the board by:
Name: Sarah Hadi Shah
Status: Director