for the Period Ended 31 March 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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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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| Called up share capital not paid: |
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Investments: |
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| Stocks: |
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| Debtors: | 4 |
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| Cash at bank and in hand: |
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| Investments: |
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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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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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| Capital and reserves | |||
| Called up share capital: |
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| Share premium account: |
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| Other reserves: |
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| Profit and loss account: |
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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 31 March 2025
Basis of measurement and preparation
for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| Average number of employees during the period |
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for the Period Ended 31 March 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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| Cost | £ | £ | £ | £ | £ | £ |
| At 1 April 2024 |
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| At 31 March 2025 |
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| At 1 April 2024 |
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| Charge for year |
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| At 31 March 2025 |
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| At 31 March 2025 |
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| At 31 March 2024 |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| £ | £ | |
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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| Debtors due after more than one year: |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| £ | £ | |
| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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for the Period Ended 31 March 2025
| 2025 | 2024 | |
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| £ | £ | |
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Other creditors |
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| Total |
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In the space provided below, please insert a general account of the company’s activities in the financial year to which the report relates, including a description of how they have benefited the community. The company runs an annual live music and performing arts festival called Smugglers Festival. The festival started in 2011. During the financial year 2024-2025, the festival took place in August-September 2024 and delivered the following activities which benefited the community as follows: SUPPORTING THE LOCAL MUSIC SCENE: 5 of the 48 music performance acts were local artists: Daisy Beau (Margate), Hellfire Orchestre (Deal), Liam Magill (Canterbury), Will Varley (Deal), Lapis Lazuli (Canterbury). CONTRIBUTING TO THE CREATION OF A CULTURALLY AND CREATIVELY DIVERSE MUSIC INDUSTRY IN THE UK, REACHING BEYOND BORDERS AND CONNECTING COMMUNITIES, ARTS AND CULTURE INTERNATIONALLY: In 2024 the festival was graced with performances from: - Alostmen (Ghanaian Frafra kologo music) - Joshua Burnside (Irish folk) - Akola Tambo (traditional Afro-Colombian bullerengue music and dance group) - Krar Collective (Ethiopian group centred on the krar, a traditional Ethiopian lyre) - Florence Adooni (Ghana based Frafra and southern Ashanti fusion) - Klaus Johann Grobe (Swiss Krautrock) - Ailbhe Reddy (Irish folk) - OlayA (flute & percussion band inspired by Northeastern Brazilian bandas de pifanos) - Sahra Halgan (Somali singer and cultural activist) - Cyril Cyril (French psychedelic rock) SUPPORTING A WIDER COMMUNITY OF ARTISTS: we hosted music workshops including an open folk session, afro-latino rhythms & dance, plus spoken word performances from Daisy Beau (London), Rik Collier (Canterbury), Henry Maddicot (Canterbury) and many more from attendees who performed impromptu around our ‘bardic fire’ as part of an unplugged poetry/song/story open mic, educational games from Margate-based ‘Crab Museum’, storytelling-theatre-puppetry show (Fairy Forest by Tidal Tales Collective, Bristol), avant-garde folk-theatre from Free Women (Canterbury), and walkabout theatre and puppetry from Totem Puppetry (Canterbury). LOCAL VOLUNTEERS: the festival in 2024 engaged 280 people to volunteer and help with the administration, build, smooth running and tidy up operation of the festival. Approximately 70% of these people are local to East Kent, for instance 100 out of 150 involved in the build and tidy up operation are locals, these people worked together and supported each other to learn and practice new skills across a variety of areas from plumbing to gardening, to cooking and carpentry, rigging and bushcraft. Audience members & participants from the local and wider community experience a variety of music and culture with a sliding scale of ticket prices to make it affordable for many. In 2024 we reached around 2200 people: 1650 people attended by buying a ticket, 66% of whom were from East Kent, 20% from London, 5% from Sussex, 3% the West Country, 3% from other parts of Kent, 1% were from Overseas and almost 1% were from Scotland, N. Ireland, and Wales. -280 who came were performers, artists, workshop leaders, crafts people. -280 were volunteers.
The company's stakeholders include: NEIGHBOURS OF THE FESTIVAL VENUE: these people were offered free tickets directly by the landowners who go and speak to them to invite them in the fortnight or so before the festival and help them plan for the upcoming increase in visitors to the area and make sure they know how to contact us if they need to report any incidents. In 2024 we extended the reach of neighbours offered free tickets further away from the festival and the festival director went and spoke to them all personally on opening day. Several neighbours attended. Consultation is carried out regularly by the festival director directly with one neighbour who lives adjacent to the field used for parking and he provided feedback about a water pressure issue caused by our heavy water use in 2023, so we bought in water tanks and arranged with him suitable times that we could refill the tanks without disrupting his water supply and this worked effectively. To continue to cause as little disturbance as possible to this particular neighbour, we cordoned off a section of the field around his house and did not park anyone over there. We also reminded those parking that no sound systems or parties were permitted in the carpark and we had patrols running 24/7 to ensure this rule was followed. LOCALS LIVING CLOSE-BY: we offer discounted tickets to people living within potential earshot of the festival and invite them to attend.. TICKET HOLDERS AND VOLUNTEERS/CREW: We conducted a survey with ticket holders and asked them for feedback about what they like about the festival and what they think we should change or stop doing, this feedback was shared with all area managers in a debrief meeting.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £4,000. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 December 2025
And signed on behalf of the board by:
Name: Megan Johnson
Status: Director