QUENCH GALLERY C.I.C.

Company limited by guarantee

Company Registration Number:
13795159 (England and Wales)

Unaudited statutory accounts for the year ended 30 December 2024

Period of accounts

Start date: 1 January 2024

End date: 30 December 2024

QUENCH GALLERY C.I.C.

Contents of the Financial Statements

for the Period Ended 30 December 2024

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

QUENCH GALLERY C.I.C.

Directors' report period ended 30 December 2024

The directors present their report with the financial statements of the company for the period ended 30 December 2024

Directors

The directors shown below have held office during the whole of the period from
1 January 2024 to 30 December 2024

G Oliver
L Mendick


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
3 September 2025

And signed on behalf of the board by:
Name: G Oliver
Status: Director

QUENCH GALLERY C.I.C.

Profit And Loss Account

for the Period Ended 30 December 2024

2024 2023


£

£
Turnover: 61,824 62,479
Cost of sales: ( 102,976 ) ( 77,004 )
Gross profit(or loss): (41,152) (14,525)
Administrative expenses: ( 27,029 ) ( 24,743 )
Other operating income: 68,172 39,334
Operating profit(or loss): (9) 66
Profit(or loss) before tax: (9) 66
Tax: ( 1 )
Profit(or loss) for the financial year: (9) 65

QUENCH GALLERY C.I.C.

Balance sheet

As at 30 December 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 15,641 20,465
Total current assets: 15,641 20,465
Prepayments and accrued income: 8,250
Creditors: amounts falling due within one year: 3 ( 23,897 ) ( 20,462 )
Net current assets (liabilities): (6) 3
Total assets less current liabilities: (6) 3
Total net assets (liabilities): (6) 3
Members' funds
Profit and loss account: (6) 3
Total members' funds: ( 6) 3

The notes form part of these financial statements

QUENCH GALLERY C.I.C.

Balance sheet statements

For the year ending 30 December 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 3 September 2025
and signed on behalf of the board by:

Name: G Oliver
Status: Director

The notes form part of these financial statements

QUENCH GALLERY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 December 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

QUENCH GALLERY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

QUENCH GALLERY C.I.C.

Notes to the Financial Statements

for the Period Ended 30 December 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 20,563 18,142
Other creditors 3,334 2,320
Total 23,897 20,462

COMMUNITY INTEREST ANNUAL REPORT

QUENCH GALLERY C.I.C.

Company Number: 13795159 (England and Wales)

Year Ending: 30 December 2024

Company activities and impact

Quench Gallery is an artists-led gallery and workshop space in Margate. We aim to bring a diverse range of local and worldwide talent to Margate. This year our education programme for young people we focused on outreach with local SEN schools and community groups making sure the programme was accessible to the people that needed it most. We put on art related events that are free or low cost for local residents and we provide video content online to reach our increasingly worldwide audience in an accessible way. We offer school and university tours by appointment and this has been increasingly popular. Footfall also increased for the exhibition programme, private views and events. We have started work on an adult education programme for working class adults living in Thanet.

Consultation with stakeholders

Our stakeholders include exhibiting artists, funders, participants, local schools and youth clubs and our local community who we are in regular contact with. Our social media reach has doubled and we have opportunities to feedback at exhibitions, workshops and online to make sure we are in line with our communities needs and can adapt and improve the delivery of our programme and core educational offering

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
3 September 2025

And signed on behalf of the board by:
Name: G Oliver
Status: Director