WALSALL CREATIVE FACTORY CIC

Company limited by guarantee

Company Registration Number:
08834798 (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

WALSALL CREATIVE FACTORY CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

WALSALL CREATIVE FACTORY CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Principal activities of the company

The Principal activities of the company is to provide a range of artistic and educational activities in community settings in an urban area. The Company is non for profit, any surpluses generated will be redistributed when they are sufficient by way of grants for community benefit.



Directors

The directors shown below have held office during the whole of the period from
1 February 2024 to 31 January 2025

Debra Slade
Ruth Radcliffe
Barbara Precz- Gasior
Jamilla Fazal
Martin Griffiths
Sukanya Patel


The director shown below has held office during the period of
1 February 2024 to 1 March 2024

Maxine Hayward Smith


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
22 October 2025

And signed on behalf of the board by:
Name: Debra Slade
Status: Director

WALSALL CREATIVE FACTORY CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 10,575 7,264
Total current assets: 10,575 7,264
Creditors: amounts falling due within one year: 3 ( 10,690 ) ( 7,381 )
Net current assets (liabilities): (115) (117)
Total assets less current liabilities: (115) ( 117)
Accruals and deferred income: ( 10,515 ) ( 7,213 )
Total net assets (liabilities): (10,630) (7,330)
Members' funds
Profit and loss account: (10,630) ( 7,330)
Total members' funds: ( 10,630) (7,330)

The notes form part of these financial statements

WALSALL CREATIVE FACTORY CIC

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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 22 October 2025
and signed on behalf of the board by:

Name: Debra Slade
Status: Director

The notes form part of these financial statements

WALSALL CREATIVE FACTORY CIC

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

WALSALL CREATIVE FACTORY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 7 7

WALSALL CREATIVE FACTORY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Other creditors 10,690 7,381
Total 10,690 7,381

COMMUNITY INTEREST ANNUAL REPORT

WALSALL CREATIVE FACTORY CIC

Company Number: 08834798 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

Walsall Creative Factory CIC have continued to provide a full programme including a core community programme with marginalised groups, volunteer and artist led arts programme and community events.

Consultation with stakeholders

Users of the Core Community programme and their carers were consulted about their needs and our service to inform future programming. 400 local homes were consulted with questionaires about community needs and local issues. This led to the formation of The Friends Of Creative Factory Group who now organise programming of local community events and respond to local issues.

Directors' remuneration

Directors were paid £36,025

Transfer of assets

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: Debra Slade
Status: Director