DANCE ASCENSION CIC

Company limited by guarantee

Company Registration Number:
13738590 (England and Wales)

Unaudited statutory accounts for the year ended 29 November 2024

Period of accounts

Start date: 30 November 2023

End date: 29 November 2024

DANCE ASCENSION CIC

Contents of the Financial Statements

for the Period Ended 29 November 2024

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

DANCE ASCENSION CIC

Directors' report period ended 29 November 2024

The directors present their report with the financial statements of the company for the period ended 29 November 2024

Principal activities of the company

Performing Arts

Political and charitable donations

There were no political or charitable donations made during the period reported.



Directors

The directors shown below have held office during the whole of the period from
30 November 2023 to 29 November 2024

Brian Bishop
Ashley Jordan
Ben Morley


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
27 July 2025

And signed on behalf of the board by:
Name: Ashley Jordan
Status: Director

DANCE ASCENSION CIC

Profit And Loss Account

for the Period Ended 29 November 2024

2024 2023


£

£
Turnover: 82,359 71,165
Cost of sales: ( 53,003 ) ( 9,320 )
Gross profit(or loss): 29,356 61,845
Administrative expenses: ( 94,251 ) ( 64,443 )
Other operating income: 67,449 2,783
Operating profit(or loss): 2,554 185
Interest receivable and similar income: 66
Profit(or loss) before tax: 2,620 185
Tax: 15 ( 27 )
Profit(or loss) for the financial year: 2,635 158

DANCE ASCENSION CIC

Balance sheet

As at 29 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,754 0
Total fixed assets: 2,754 0
Current assets
Debtors: 4 13,702 13,043
Cash at bank and in hand: 25,037 2,559
Total current assets: 38,739 15,602
Creditors: amounts falling due within one year: 5 ( 2,951 ) ( 7,869 )
Net current assets (liabilities): 35,788 7,733
Total assets less current liabilities: 38,542 7,733
Accruals and deferred income: ( 35,800 ) ( 7,626 )
Total net assets (liabilities): 2,742 107
Members' funds
Profit and loss account: 2,742 107
Total members' funds: 2,742 107

The notes form part of these financial statements

DANCE ASCENSION CIC

Balance sheet statements

For the year ending 29 November 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 27 July 2025
and signed on behalf of the board by:

Name: Ashley Jordan
Status: Director

The notes form part of these financial statements

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    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: Computer equipment 25% Straight Line Method

    Other accounting policies

    Government grants Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss. Pension costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 30 November 2023 0 0
Additions 3,672 3,672
Disposals
Revaluations
Transfers
At 29 November 2024 3,672 3,672
Depreciation
At 30 November 2023 0 0
Charge for year 918 918
On disposals
Other adjustments
At 29 November 2024 918 918
Net book value
At 29 November 2024 2,754 2,754
At 29 November 2023 0 0

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 13,067 13,043
Prepayments and accrued income 302
Other debtors 333
Total 13,702 13,043

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 288 2,167
Taxation and social security 1,308 87
Accruals and deferred income 1,305 1,110
Other creditors 50 4,505
Total 2,951 7,869

DANCE ASCENSION CIC

Notes to the Financial Statements

for the Period Ended 29 November 2024

6. Financial Commitments

Going concern The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.

COMMUNITY INTEREST ANNUAL REPORT

DANCE ASCENSION CIC

Company Number: 13738590 (England and Wales)

Year Ending: 29 November 2024

Company activities and impact

This was a the first year trading solely as Dance Ascension CIC. During this year, we ran afterschool club in local schools, our weekly Ascension youth Sessions and summer holiday activities for children on free school meals support by the Coventry City Council Holiday Activity Fund (HAF). We opened up dance workshops for young people with additional needs and was funded by to run free parkour workshops for young people in Coventry. We presented a number of shows to entertain and built relationship with arts organisation across the UK and internationally and toured to Cyprus with Early Weaves.

Consultation with stakeholders

Consultations have been carried out with Ashley Jordan, Ben Morley & Brian Bishop.

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
27 July 2025

And signed on behalf of the board by:
Name: Ashley Jordan
Status: Director