for the Period Ended 28 July 2024
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 July 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
30 July 2023
to
28 July 2024
The director shown below has held office during the period of
20 April 2024
to
28 July 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
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As at
| Notes | 2024 | 2023 | |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Debtors: | 4 |
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| Creditors: amounts falling due within one year: | 5 |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 July 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 28 July 2024
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| Average number of employees during the period |
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for the Period Ended 28 July 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 30 July 2023 |
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| At 29 July 2023 |
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for the Period Ended 28 July 2024
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| £ | £ | |
| Trade debtors |
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for the Period Ended 28 July 2024
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| Other creditors |
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Patchwork Studios CIC run a creative community centre; a performance venue, art gallery and recording studio, focused on improving the quality of life for the residents and visitors of Rame Peninsula. The social enterprise began trading in mid 2018 and within their first 20 months of piloting, amassed a vast number of regular workshops and activities, community theatre performances, spoken word events, young people’s performance events hosted by and featuring underage artists, private hire events including children’s birthday parties, live performances from emerging and established local, national and international acts, open stage music and comedy events for confidence building, collaborations with local schools including discos and immersive workshops and events during key holidays and celebrations, free rehearsal time for developing artists, free recording sessions, and fundraisers for other local charities and youth groups. These activities are relevant to and help tachieve their mission statement in countless ways, from reinforcing a sense of community and helping improve social mobility, integration, and rural community retention, to promoting cultural awareness and creative celebration. During the pandemic, focus remained on community but their methods changed dramatically. With significant funding from local and national bodies, plus major crowdfunding achievements, the social enterprise was able to operate meaningfully throughout, while preparing their spaces and community offerings for a rural community emerging and reintegrating into a postpandemic world. This included the opening of a community art gallery, which would go on to run regular workshops and community events, alongside an exhibition schedule of local and internationally acclaimed artists alike. Reopening its doors after COVID-19, the spaces now host wide-ranging and multi-generational community activities throughout peak seasons, and a growing number of community fixtures all year round, including a large-scale community pantomime now coming into its third year, live music events, art exhibitions and community art initiatives, a site-wide film festival, song writing retreats and affordable rehearsal and recording studio facilities for emerging artists. The spaces are most commonly known for their flagship Youth Music Lab project, live events and immersive community celebrations, critically acclaimed comedy events, cinema nights and screenings, community music and wellbeing workshops, vinyl record and DJ clubs and courses, music lessons within the rehearsal spaces, drawing, painting and art classes, book clubs, sewing clubs and men’s support circles, LGBTQIA+ inclusive events and equal rights awareness activities, youth-led and professionally-run under 18 music events, and specifically sober events and activities.
The company’s stakeholders are residents of, and visitors to, the Rame Peninsula. The company consult their beneficiaries on how their spaces should be utilised and which activities are a priority, to ensure the project is as community-led and inclusive as it possibly can be. These consultations with beneficiaries take place both formally and informally, both conversationally, and via social media, email surveys and questionnaires.
Following payments were made to directors during the year. Andrew Knights £13,895.00 Tom Ogilvie £4,695.00 Will Rogers £225.00 Joshua ELLESCHILD £787.50 Amanda Knights £3,105.00
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 July 2025
And signed on behalf of the board by:
Name: Thomas Ogilvie
Status: Director