ST LEONARDS STUDIO CIC

Company limited by guarantee

Company Registration Number:
13382336 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 1 June 2024

End date: 31 May 2025

ST LEONARDS STUDIO CIC

Contents of the Financial Statements

for the Period Ended 31 May 2025

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

ST LEONARDS STUDIO CIC

Directors' report period ended 31 May 2025

The directors present their report with the financial statements of the company for the period ended 31 May 2025

Directors

The directors shown below have held office during the whole of the period from
1 June 2024 to 31 May 2025

Anne Jeanette Cryar
Zowie Martin


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
17 July 2025

And signed on behalf of the board by:
Name: Anne Jeanette Cryar
Status: Director

ST LEONARDS STUDIO CIC

Profit And Loss Account

for the Period Ended 31 May 2025

2025 2024


£

£
Turnover: 18,087 21,439
Cost of sales: ( 1,780 ) ( 4,775 )
Gross profit(or loss): 16,307 16,664
Distribution costs: 0 0
Administrative expenses: ( 17,165 ) ( 16,357 )
Operating profit(or loss): (858) 307
Profit(or loss) before tax: (858) 307
Tax: 272 ( 64 )
Profit(or loss) for the financial year: (586) 243

ST LEONARDS STUDIO CIC

Balance sheet

As at 31 May 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 90 120
Total fixed assets: 90 120
Current assets
Debtors: 4 272
Cash at bank and in hand: 4,245 5,137
Total current assets: 4,517 5,137
Creditors: amounts falling due within one year: 5 ( 415 ) ( 479 )
Net current assets (liabilities): 4,102 4,658
Total assets less current liabilities: 4,192 4,778
Creditors: amounts falling due after more than one year: 6 ( 2,527 ) ( 2,527 )
Total net assets (liabilities): 1,665 2,251
Members' funds
Profit and loss account: 1,665 2,251
Total members' funds: 1,665 2,251

The notes form part of these financial statements

ST LEONARDS STUDIO CIC

Balance sheet statements

For the year ending 31 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 17 July 2025
and signed on behalf of the board by:

Name: Anne Jeanette Cryar
Status: Director

The notes form part of these financial statements

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Plant & machinery 20% of cost

    Other accounting policies

    Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2024 150 150
Additions 0 0
Disposals
Revaluations
Transfers
At 31 May 2025 150 150
Depreciation
At 1 June 2024 30 30
Charge for year 30 30
On disposals
Other adjustments
At 31 May 2025 60 60
Net book value
At 31 May 2025 90 90
At 31 May 2024 120 120

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Debtors

2025 2024
£ £
Other debtors 272
Total 272

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 415 415
Taxation and social security 64
Total 415 479

ST LEONARDS STUDIO CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

6. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 2,527 2,527
Total 2,527 2,527

COMMUNITY INTEREST ANNUAL REPORT

ST LEONARDS STUDIO CIC

Company Number: 13382336 (England and Wales)

Year Ending: 31 May 2025

Company activities and impact

We continue to provide a space for well-being activities for the local community and build on creating a hub of providers of health and creative classes. We provide affordable activities and are now involved with Active Hastings and U3A.

Consultation with stakeholders

Stakeholders are teachers and therapists using the space. We have had 2 meetings this year and continue our one-to-one contact with individual stakeholders. As we support the teachers the wider local community benefits from classes and workshops from professionals Actions taken include increased publicity for our timetable, liaison with our central venue, adding low-cost therapy afternoons each month.

Directors' remuneration

Directors renumeration £1779. This is also found in the accounts included under ‘Admin’.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
22 July 2025

And signed on behalf of the board by:
Name: Anne Jeanette Cryar
Status: Director