for the Period Ended 31 December 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 31 December 2024
Directors
The directors shown below have held office during the whole of the period from
1 January 2024
to
31 December 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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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2024 | 2023 | |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Investments: |
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| Total fixed assets: |
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| Stocks: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 4 |
(
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(
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| Net current assets (liabilities): |
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( |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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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 31 December 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 December 2024
| 2024 | 2023 | |
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| Average number of employees during the period |
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for the Period Ended 31 December 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 January 2024 |
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| At 31 December 2024 |
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| At 1 January 2024 |
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| At 31 December 2024 |
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| At 31 December 2024 |
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| At 31 December 2023 |
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for the Period Ended 31 December 2024
| 2024 | 2023 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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PART 1 - GENERAL DESCRIPTION OF THE COMPANY’S ACTIVITIES AND IMPACT In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a fair and accurate description of how they have benefited the community, or section of the community, which the company is intended to serve. Delivered Middlesbrough Art Week festival over 10 days from the 26th September to the 5th October 2024. Approximately 12,000 people came out to see over 70 artists present works across painting, photography, sound, sculpture, installations, digital media, live performances, and educational workshops. The festival’s exhibition programme opened 8 curated exhibitions with a dynamic mix of regional, national and international artists. The programme also included a further 4 exhibitions organised and delivered by peers organisations in Middlesbrough. Public spaces in shopping centres, train stations, squares and high streets were activated with 4 public works as well as 11 events including talks, walks, events, gigs and performances. This year’s festival hub, in Pineapple Black featured a meadow grown by children from 10 primary schools across Middlesbrough and Tees Valley as part of UPROOT. The meadow acted as a site for the festival’s free workshop programme ‘Summat for the Bairns’ which welcomed children and families into the heart of the festival to grow, learn, make and explore. Maw enjoyed a successful launch of the festival on the 26th September, with opening night audiences of between 300-400 visitors. Prior to the public opening at NEOC exhibition ( B&M Dundas) with a secondary event at Pineapple Black for UPROOT, MAW organised an invited industry art trail tour of the exhibitions, beginning at Most Creative Station, in collaboration with Navigator North. This helped the festival directors and curators meet with different stakeholders and support relationship building across the sector, as well as introducing artists works more directly to professionals who can offer further opportunities and support. An audience capture of 11,646 is for exhibitions and direct events; 3 of the 4 public art works (Words per Minute, Matthew Young and Most Creative Station) were not regularly monitored due to shortfall in volunteers but over the the 10 day period would have added at least 1200-1500 more audience engagement conservatively. Continued funding from Middlesbrough Cultural Ambassador Fund, TVCA festival Scale-up, Arts Council NPO and investment contributions from 5 partner Universities in the North East: Norther School of Art, Newcastle, Northumbria, Sunderland & Teesside Universities for the New Graduate award which supported 10 emerging artists for a 6 month programme of studio and professional development.
We work with: Arts Council England, Tees Valley Combined Authority, Middlesbrough Council, BALTIC (Gateshead) and 5 Universities across the NorthEast as arts organisations within the Tees valley. We do an evaluation of our festival each winter, and we share this information with our stakeholders. We also have one to one meetings with our stakeholders, which is an opportunity to share views and offer feedback. Quarterly reports are shared with our board of directors and the minutes of these are also shared with our oversight group.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
24 September 2025
And signed on behalf of the board by:
Name: Anna Byrne
Status: Director