SOUTH SIDE STUDIOS CIC

Company limited by guarantee

Company Registration Number:
15274557 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 10 November 2023

End date: 30 November 2024

SOUTH SIDE STUDIOS CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

SOUTH SIDE STUDIOS CIC

Directors' report period ended 30 November 2024

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

Principal activities of the company

Principal activities Principal activity of the company during the financial period was the provision of community creative space.



Directors

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

Sasha Beaumont
Esther North
Fiona Garden


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
30 September 2025

And signed on behalf of the board by:
Name: Fiona Garden
Status: Director

SOUTH SIDE STUDIOS CIC

Profit And Loss Account

for the Period Ended 30 November 2024

13 months to 30 November 2024


£
Turnover: 3,649
Gross profit(or loss): 3,649
Administrative expenses: ( 4,198 )
Operating profit(or loss): (549)
Profit(or loss) before tax: (549)
Profit(or loss) for the financial year: (549)

SOUTH SIDE STUDIOS CIC

Balance sheet

As at 30 November 2024

Notes 13 months to 30 November 2024


£
Current assets
Cash at bank and in hand: 0
Total current assets: 0
Creditors: amounts falling due within one year: 3 ( 549 )
Net current assets (liabilities): (549)
Total assets less current liabilities: (549)
Total net assets (liabilities): (549)
Members' funds
Profit and loss account: (549)
Total members' funds: ( 549)

The notes form part of these financial statements

SOUTH SIDE STUDIOS 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 September 2025
and signed on behalf of the board by:

Name: Fiona Garden
Status: Director

The notes form part of these financial statements

SOUTH SIDE STUDIOS 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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

SOUTH SIDE STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    13 months to 30 November 2024
    Average number of employees during the period 0

SOUTH SIDE STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

13 months to 30 November 2024
£
Other creditors 549
Total 549

COMMUNITY INTEREST ANNUAL REPORT

SOUTH SIDE STUDIOS CIC

Company Number: 15274557 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Provision of community space for creative local businesses to run their business or hold small classes and events. Space for local clubs and other activities like yoga and some exercise classes.

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 September 2025

And signed on behalf of the board by:
Name: Fiona Garden
Status: Director