QUARRY SOUND LIVERPOOL C.I.C.

Company limited by guarantee

Company Registration Number:
13153327 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

QUARRY SOUND LIVERPOOL C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

QUARRY SOUND LIVERPOOL C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 151,134 120,368
Cost of sales: ( 48,038 ) ( 31,806 )
Gross profit(or loss): 103,096 88,562
Administrative expenses: ( 103,442 ) ( 87,316 )
Operating profit(or loss): (346) 1,246
Profit(or loss) before tax: (346) 1,246
Profit(or loss) for the financial year: (346) 1,246

QUARRY SOUND LIVERPOOL C.I.C.

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 6,821 7,516
Total fixed assets: 6,821 7,516
Current assets
Stocks: 4 1,000 2,000
Cash at bank and in hand: 2,375 4,255
Total current assets: 3,375 6,255
Prepayments and accrued income: 67 280
Creditors: amounts falling due within one year: 5 ( 4,146 ) ( 7,587 )
Net current assets (liabilities): (704) (1,052)
Total assets less current liabilities: 6,117 6,464
Total net assets (liabilities): 6,117 6,464
Members' funds
Profit and loss account: 6,117 6,464
Total members' funds: 6,117 6,464

The notes form part of these financial statements

QUARRY SOUND LIVERPOOL C.I.C.

Balance sheet statements

For the year ending 31 January 2025 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 8 October 2025
and signed on behalf of the board by:

Name: Pauline Hauzy
Status: Director

The notes form part of these financial statements

QUARRY SOUND LIVERPOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Fixtures & fittings: 20% Plant & Machinery: 20%

QUARRY SOUND LIVERPOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 4

QUARRY SOUND LIVERPOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 6,802 714 7,516
Additions 700 310 1,010
Disposals
Revaluations
Transfers
At 31 January 2025 7,502 1,024 8,526
Depreciation
At 1 February 2024 0 0 0
Charge for year 1,500 205 1,705
On disposals
Other adjustments
At 31 January 2025 1,500 205 1,705
Net book value
At 31 January 2025 6,002 819 6,821
At 31 January 2024 6,802 714 7,516

QUARRY SOUND LIVERPOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Stocks

2025 2024
£ £
Stocks 1,000 2,000
Total 1,000 2,000

QUARRY SOUND LIVERPOOL C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 2,087 3,486
Accruals and deferred income 1,200 2,641
Other creditors 859 1,460
Total 4,146 7,587

COMMUNITY INTEREST ANNUAL REPORT

QUARRY SOUND LIVERPOOL C.I.C.

Company Number: 13153327 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

The company's activities has provided numerous benefits to young people and adults in the Liverpool City Region, with a particular focus on those from deprived areas and marginalised communities. Through the diverse line up of unique events including in-house events, venue hires and workshops that provide benefit to (1) those who participate (or seek to participate) in arts and culture-related activities, (2) aspiring students seeking to gain new skills (both creative and vocational) within the creative sector, and (3) community members seeking to encourage, promote and actively participate in positive community growth and engagement. QUARRY SOUND Liverpool C.I.C (known to the public as QUARRY) is a community-focused music venue/creative arts centre that provides a vital creative hub for musicians, artists and other aspiring creatives in the local community. By hosting (and accommodating) diverse and tailored creative activities for all-ages at our refurbished railway arch site, we've benefited a wide-ranging demographic and established new creative opportunities within the area and the wider Liverpool City Region.

Consultation with stakeholders

The company's stakeholders include our staff, promoters, event organisers contractors and customers.. QUARRY being a community-focused music venue and creative art centre has developed its business model around its personal experience in working in the music and creative industry in the Liverpool and north west region and from working alongside other creatives since and prior to its inception. We work continuously with our staff, promoters and event organisers to better understand and keep evolving to fit their needs. This requires constant, transparent conversations of both parties' expectations and an openness to change. For our artists and promoters, our team checks in on them before, during and after a show and discuss whether their expectations were met and if not, whether anything else can be provided better next time. So far we have had really good feedback, complimenting us on our professionalism, our focus on safety and the attention to detail and level of care we provide to our artists and clients. We share across our social media platforms and website feedback forms so that we can hear from the wider Liverpool area and better engage with the creative community as whole.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £25,580 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director's loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
8 October 2025

And signed on behalf of the board by:
Name: Pauline Hauzy
Status: Director