for the Period Ended 31 January 2025
| 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 January 2025
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
23 January 2024
to
31 January 2025
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
| 2025 | ||
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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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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | ||
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| Current assets | |||
| Debtors: | 3 |
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| Net current assets (liabilities): |
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| Total assets less current 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 January 2025
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 January 2025
| 2025 | ||
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| Average number of employees during the period |
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for the Period Ended 31 January 2025
| 2025 | ||
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| £ | ||
| Trade debtors |
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| Total |
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During our first year of operation, Durose Studios CIC delivered creative and artistic opportunities for the local community in Lytham St Annes and the wider Lancashire area. Key activities included: - Running over 50 free and low-cost art workshops (painting, ceramics, digital design) with over 200 participants, many of whom were young people, older adults, or individuals from low-income households. - Providing affordable studio space to emerging artists to support their development and showcase their work. - Partnering with 10 local organisations to deliver school holiday creative clubs, boosting confidence and creative skills among pupils. - Hosting 5 community exhibitions where local residents could display their work and invite family, friends, and the wider community.
- Obtained regular feedback from workshop participants via questionnaires and informal discussion groups. - Engaged with local organisations, community groups, and the local council to identify priority themes (such as youth engagement and wellbeing). - Worked closely with partner artists and volunteers to shape the content and accessibility of workshops.
- Directors did not receive any dividends. - Directors received modest remuneration to reflect their time spent organising workshops, administration, and studio management. All pay was in line with market rates for part-time community arts work.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
22 October 2025
And signed on behalf of the board by:
Name: Isobel Durose
Status: Director