MUSIC BOX WEALDEN CIC

Company limited by guarantee

Company Registration Number:
13894214 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 1 March 2024

End date: 28 February 2025

MUSIC BOX WEALDEN CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MUSIC BOX WEALDEN CIC

Balance sheet

As at 28 February 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 373 28
Cash at bank and in hand: 6,841 10,761
Total current assets: 7,214 10,789
Prepayments and accrued income: 2
Creditors: amounts falling due within one year: 4 ( 487 ) 0
Net current assets (liabilities): 6,727 10,791
Total assets less current liabilities: 6,727 10,791
Creditors: amounts falling due after more than one year: 5 ( 11,410 ) ( 13,410 )
Accruals and deferred income: 0 ( 480 )
Total net assets (liabilities): (4,683) (3,099)
Members' funds
Profit and loss account: (4,683) ( 3,099)
Total members' funds: ( 4,683) (3,099)

The notes form part of these financial statements

MUSIC BOX WEALDEN CIC

Balance sheet statements

For the year ending 28 February 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 3 November 2025
and signed on behalf of the board by:

Name: Noa Lachman
Status: Director

The notes form part of these financial statements

MUSIC BOX WEALDEN CIC

Notes to the Financial Statements

for the Period Ended 28 February 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Other accounting policies

    The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

MUSIC BOX WEALDEN CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 0

MUSIC BOX WEALDEN CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

3. Debtors

2025 2024
£ £
Trade debtors 373 28
Prepayments and accrued income 0 0
Other debtors 0 0
Total 373 28

MUSIC BOX WEALDEN CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 487 0
Total 487 0

MUSIC BOX WEALDEN CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

5. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 11,410 13,410
Total 11,410 13,410

COMMUNITY INTEREST ANNUAL REPORT

MUSIC BOX WEALDEN CIC

Company Number: 13894214 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

The company provides high quality classical concerts and educational events to residents of Wealden. Our emphasis is on localism, sustainability and accessibility, providing employment to local professional musicians and reducing the distances which audience members must travel to access concerts. The financial year 2024- 2025 was the third year of the company’s operation. During this period the company: - Promoted 15 musical events in the area (13 concerts and 2 talks), using local professional musicians. - Increased the variety of our offer and the number and range of venues. - Publicised our concerts in print and via social media and local radio stations - Continued to promote and expand our membership scheme - Planned a series of events for the following season - Continued to update and revise our website The company provides community benefit by: - Offering a varied programme of music to local residents. - Offering free tickets to under 18s - Supporting local venues - Providing employment for local musicians and other professionals (eg. IT specialists, graphic designer)

Consultation with stakeholders

Our external stakeholders consist of the audiences who attend our concerts. We have continued to encourage our audiences to give us verbal feedback and to let us know their views via our website. In response to their comments, we have expanded the range and variety of the concerts which we present and the range of venues which we us across the area.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors was £450 in respect of services they provided as professional freelance musicians.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
3 November 2025

And signed on behalf of the board by:
Name: Noa Lachman
Status: Director