JUST FOR THE ARTS MUSIC GROUP CIC

Company limited by guarantee

Company Registration Number:
14616906 (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

JUST FOR THE ARTS MUSIC GROUP 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

JUST FOR THE ARTS MUSIC GROUP 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

Additional information

The directors are responsible for preparing the Directors' Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the surplus or deficit of the company for that period. In preparing the financial statements the directors are required to: select suitable accounting policies and then apply them consistently; make judgments and accounting estimates that are reasonable and prudent; prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small Company Rules This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.



Directors

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

Julian Carvey
Ms Vania Khaleh-Pari
Ms Tessa Solan
Mr Sean Wander


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
14 April 2025

And signed on behalf of the board by:
Name: Julian Carvey
Status: Director

JUST FOR THE ARTS MUSIC GROUP CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Creditors: amounts falling due within one year: 3 ( 1,441 ) ( 1,441 )
Net current assets (liabilities): (1,441) (1,441)
Total assets less current liabilities: (1,441) ( 1,441)
Total net assets (liabilities): (1,441) (1,441)
Members' funds
Profit and loss account: (1,441) ( 1,441)
Total members' funds: ( 1,441) (1,441)

The notes form part of these financial statements

JUST FOR THE ARTS MUSIC GROUP 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 14 April 2025
and signed on behalf of the board by:

Name: Julian Carvey
Status: Director

The notes form part of these financial statements

JUST FOR THE ARTS MUSIC GROUP 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Other accounting policies

    The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006

JUST FOR THE ARTS MUSIC GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 4 1

JUST FOR THE ARTS MUSIC GROUP CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 1,441 1,441
Total 1,441 1,441

COMMUNITY INTEREST ANNUAL REPORT

JUST FOR THE ARTS MUSIC GROUP CIC

Company Number: 14616906 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

During the financial year, Just For The Arts Music Group CIC has remained dedicated to empowering local youth through music and the creative arts, delivering a series of impactful events and initiatives aimed at inspiring, educating, and connecting. We were proud to host our official Launch Event, whi introduced our newly established space dedicated to music, content creation, and the development of emerging talent. The event brought together a vibrant mix of record labels, musicians, influencers, community leaders, and partner organisations. It served as a key moment for strengthening relationships across the creative sector and the wider community. Throughout the year, we curated a number of live performances and showcases, providing a platform for young and emerging artists to share their work with wider audiences and industry professionals. These events helped promote local talent while offering the public an opportunity to engage with and support the creative voices shaping our community. Alongside these, we delivered community days, educational workshops, and panel discussions focused on skills development and knowledge-sharing within the creative industries. These sessions offered valuable learning experiences for aspiring musicians, content creators, and community members, contributing to the cultural and educational enrichment of the local area. We are also pleased to share that we secured National Lottery funding to support one of our youth studio projects. This funding has played a vital role in enhancing our capacity to provide accessible, high-quality creative resources and opportunities for young people, further strengthening our commitment to inclusive growth and development. Through all of these efforts, Just For The Arts Music Group CIC continues to play a vital role in supporting local creatives, fostering meaningful community engagement, and enriching the cultural landscape. We remain committed to ensuring that young people from all backgrounds have access to the tools, mentorship, and opportunities they need to thrive.

Consultation with stakeholders

Just For The Arts Music Group CIC recognises a diverse range of stakeholders who play a vital role in shaping the success and impact of our work. We are committed to meaningful engagement with all those who contribute to and benefit from our activities. Our key stakeholders include- Musicians and Content Creators - Individuals who use our space for creative development, live performances, and content creation. Local Community Leaders and Organisations - Representatives from local councils, community groups, and cultural organisations who collaborate with us on events and Initiatives with a strong community focus. Industry Professionals- Including record labels, talent scouts, and influencers who attend our showcases and networking events. Local Residents and the General Public- Members of the community who attend our public events and participate in our creative programmes Educational Partners- Schools, colleges, and educational institutions that engage in our workshops, panels, and outreach activities. Engagement and Consultation We maintain regular communication with our stakeholders through a range of channels to ensure our work reflects their needs and aspirations. These include- Surveys and Feedback Forms- Distributed following events such as live performances, workshops, and community days, enabling us to gather direct feedback on the effectiveness and impact of our activities. Focus Groups and Community Discussions- Held in collaboration with local leaders and partner organisations to identify community priorities and co-create meaningful initiatives One-to-One Consultations- Ongoing conversations with musicians and content creators using our facilities, helping us to understand their experiences and identify areas for further support. Public Forums and Q&A Sessions- Open discussions held during events, encouraging members of the public to share ideas, concerns, and suggestions. Actions in Response to Stakeholder Feedback We take stakeholder feedback seriously and have implemented several key improvements and initiatives as a result? Expanded Workshop Programmes- In response to requests for more educational opportunities, we have introduced additional workshops covering topics such as digital content creation, music production, and career development within the creative industries. Collaborative Community Projects- We have deepened our partnerships with local organisations to deliver joint events focused on youth engagement, mental health awareness, and creative mentoring. Upgraded Facilities for Creators- Based on feedback from regular users of our space, we have invested in new equipment and improved our studio facilities to better support the needs of musicians and content creators. By maintaining open, responsive dialogue with our stakeholders, Just For The Arts Music Group CIC continues to ensure our work remains community-driven, inclusive, and impactful.

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
7 August 2025

And signed on behalf of the board by:
Name: Julian Carvey
Status: Director