AKOMAASA PERFORMING ARTS ACADEMY CIC

Company limited by guarantee

Company Registration Number:
10477839 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

AKOMAASA PERFORMING ARTS ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

AKOMAASA PERFORMING ARTS ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024 2023


£

£
Turnover: 67,681 70,210
Gross profit(or loss): 67,681 70,210
Administrative expenses: ( 80,343 ) ( 68,041 )
Operating profit(or loss): (12,662) 2,169
Profit(or loss) before tax: (12,662) 2,169
Profit(or loss) for the financial year: (12,662) 2,169

AKOMAASA PERFORMING ARTS ACADEMY CIC

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 932 0
Total fixed assets: 932 0
Current assets
Debtors: 4 14,948 15,142
Cash at bank and in hand: 6,873 5,245
Total current assets: 21,821 20,387
Creditors: amounts falling due within one year: 5 ( 39,231 ) ( 24,203 )
Net current assets (liabilities): (17,410) (3,816)
Total assets less current liabilities: (16,478) ( 3,816)
Total net assets (liabilities): (16,478) (3,816)
Members' funds
Profit and loss account: (16,478) ( 3,816)
Total members' funds: ( 16,478) (3,816)

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY CIC

Balance sheet statements

For the year ending 30 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 30 August 2025
and signed on behalf of the board by:

Name: Ms RA Boakye-Nino
Status: Director

The notes form part of these financial statements

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 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

    Tangible fixed assets depreciation policy

    Computer Equipment 33.33% SLM

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 4

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 December 2023 0 0
Additions 1,199 1,199
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 November 2024 1,199 1,199
Depreciation
At 1 December 2023 0 0
Charge for year 267 267
On disposals 0 0
Other adjustments 0 0
At 30 November 2024 267 267
Net book value
At 30 November 2024 932 932
At 30 November 2023 0 0

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Debtors

2024 2023
£ £
Trade debtors 14,948 15,142
Total 14,948 15,142

AKOMAASA PERFORMING ARTS ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 39,231 24,203
Total 39,231 24,203

COMMUNITY INTEREST ANNUAL REPORT

AKOMAASA PERFORMING ARTS ACADEMY CIC

Company Number: 10477839 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The company continues to provide the benefit to children and young people with interest in western and African Disapora Performing Arts & dance in the Borough of lambeth and all surrounding areas. We have organised an increasing number of work shops throughout the ycar and have increased the number of activitics right accross sorrounding arcas. These activities have brought together a wider range of cultural groups who interacted together on a regular basis and are able to build on community cohesiveness on a more regular basis which will benefit the area over the long term.

Consultation with stakeholders

No consultation with stakeholders

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
30 August 2025

And signed on behalf of the board by:
Name: Ms RA Boakye-Nino
Status: Director