for the Period Ended 28 February 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 28 February 2025
Directors
The directors shown below have held office during the whole of the period from
1 March 2024
to
28 February 2025
The director shown below has held office during the period of
11 December 2024
to
28 February 2025
The directors shown below have held office during the period of
30 October 2024
to
28 February 2025
The director shown below has held office during the period of
30 October 2024
to
3 December 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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( |
| Interest receivable and similar income: |
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| Profit(or loss) before tax: |
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( |
| Profit(or loss) for the financial year: |
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( |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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£ |
£ |
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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 5 |
(
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: | 6 |
(
|
(
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| Provision for liabilities: |
(
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(
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| Accruals and deferred income: |
(
|
(
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' funds: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 28 February 2025
Basis of measurement and preparation
for the Period Ended 28 February 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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|
for the Period Ended 28 February 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 March 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 28 February 2025 |
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| Depreciation | ||||||
| At 1 March 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 28 February 2025 |
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| Net book value | ||||||
| At 28 February 2025 |
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| At 29 February 2024 |
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for the Period Ended 28 February 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
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| Other debtors |
|
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| Total |
|
|
for the Period Ended 28 February 2025
| 2024 | ||
|---|---|---|
| £ | ||
| Trade creditors |
|
|
| Other creditors |
|
|
| Total |
|
for the Period Ended 28 February 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
|
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| Other creditors |
|
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| Total |
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|
Pangaea Sculptors’ Centre supports artists, communities and the wider sector to make sculpture that transforms places and society. We do this through three strands of activity, Educate, Advocate and Fabricate. This year we focused on developing our Educate strand, piloting “Sculpture as a Tool for Wider Learning", a schools programme developed with the Future Teaching Trust. Through the creation of site-specific artworks, pupils explored social, historic and geographical research, community consultation, design and making processes. The programme connected art to all STEAM subjects, introducing practical and creative skills transferable to industries such as engineering, film/TV, digital and construction. Delivered in three Coventry schools, it encouraged confidence, teamwork and problem-solving while strengthening links between schools and their local environment. We also ran “Adventures in Materials and Space”, a children’s holiday sculpture course that promoted hands-on creativity and spatial learning. Alongside this, we continued to support artists with professional development, mentoring and fabrication support, and to engage local communities around our Coventry base and across Warwickshire through participatory sculpture activity.
Pangaea’s stakeholders include artists, curators, educators, collectors, critics, and others engaged in sculpture and three-dimensional practice, as well as communities and audiences who benefit from public engagement with the arts. Our work also increasingly supports children and young people, ad-dressing barriers to participation and ensuring the sector reflects the diversity of society. We consult regularly with our artist patrons, Thomas J Price and Heather Phillipson, who act in an advisory capacity, helping us remain responsive to the changing needs of artists and the wider public. We actively evaluate our programmes through both qualitative and quantitative feedback from artists, partners, funders and audiences. This learning informs our future programme design and delivery. Much of our work is now delivered collaboratively, and we exchange feedback and share learning with partner organisations throughout each project. We also engage stakeholders informally through attendance at exhibitions, talks and workshops. This year we held a major Visioning Event with 150 artists in Hackney Wick to explore their future needs ahead of the opening of our new London sculpture centre, ensuring that artists’ voices continue to shape Pangaea’s direction and community impact.
Directors remuneration is a line item in the company accounts and for the year was £39,270.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
17 October 2025
And signed on behalf of the board by:
Name: Lucy Tomlins
Status: Director