ENGAGE ARTS CIC

Company limited by guarantee

Company Registration Number:
12344958 (England and Wales)

Unaudited statutory accounts for the year ended 24 December 2024

Period of accounts

Start date: 8 January 2024

End date: 24 December 2024

ENGAGE ARTS CIC

Contents of the Financial Statements

for the Period Ended 24 December 2024

Balance sheet
Additional notes
Community Interest Report

ENGAGE ARTS CIC

Balance sheet

As at 24 December 2024

Notes 24 December 2024 7 January 2024


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 9,917 ) 0
Total net assets (liabilities): (9,917) 0
Members' funds
Profit and loss account: (9,917) 0
Total members' funds: ( 9,917) 0

The notes form part of these financial statements

ENGAGE ARTS CIC

Balance sheet statements

For the year ending 24 December 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.

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 31 October 2025
and signed on behalf of the board by:

Name: Michael ojo
Status: Director

The notes form part of these financial statements

ENGAGE ARTS CIC

Notes to the Financial Statements

for the Period Ended 24 December 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 represents grant income receivable for research and development activities undertaken by the company. Grant income is recognised over the period in which the related work is performed. Income received in advance of project delivery is deferred and recognised in future accounting periods when the corresponding activity takes place. The funding received from Innovate UK during the period relates to an R&D project running from October 2024 to February 2025, with the unearned portion shown as deferred income at the balance sheet date.

ENGAGE ARTS CIC

Notes to the Financial Statements

for the Period Ended 24 December 2024

  • 2. Employees

    24 December 2024 7 January 2024
    Average number of employees during the period 1 1

COMMUNITY INTEREST ANNUAL REPORT

ENGAGE ARTS CIC

Company Number: 12344958 (England and Wales)

Year Ending: 24 December 2024

Company activities and impact

The company’s activities and impact During the financial year, EngageArts CIC focused primarily on research and development within the fields of creative technology, inclusive music education, and digital innovation. Our work explored the integration of AI and ethical technology into music learning and cultural heritage preservation, with a particular emphasis on accessibility for neurodivergent, deaf, and underrepresented communities. Through feasibility studies, stakeholder consultations, and partnership-building activities, EngageArts has laid the groundwork for future programmes that will expand creative opportunities, promote diversity in the arts, and strengthen community engagement through technology-driven inclusion.

Consultation with stakeholders

Consultation with stakeholders during the financial year included discussions with partner organisations, educators, artists, and community representatives to inform research and development priorities, ensure inclusivity, and align EngageArts CIC’s projects with community and industry needs.

Directors' remuneration

During the financial year, the director received £20000 in remuneration for ongoing research and development activities.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Michael ojo
Status: Director