SKY HIGH ARTS C.I.C.

Company limited by guarantee

Company Registration Number:
09408974 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

SKY HIGH ARTS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SKY HIGH ARTS C.I.C.

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

Principal activity of the company during the financial year was the delivery of high quality aerial dance workshops and productions.



Directors

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

Katrina Stewart
Peter Giles
Pema Bradley-Peer


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
24 December 2025

And signed on behalf of the board by:
Name: Peter Giles
Status: Director

SKY HIGH ARTS C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 6,038 5,776
Cost of sales: ( 2,629 ) ( 6,169 )
Gross profit(or loss): 3,409 (393)
Administrative expenses: ( 8,678 ) ( 9,623 )
Other operating income: 4,410 12,163
Operating profit(or loss): (859) 2,147
Profit(or loss) before tax: (859) 2,147
Tax: ( 167 )
Profit(or loss) for the financial year: (859) 1,980

SKY HIGH ARTS C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,245 1,867
Total fixed assets: 1,245 1,867
Current assets
Debtors: 4 74 0
Cash at bank and in hand: 3,129 2,427
Total current assets: 3,203 2,427
Creditors: amounts falling due within one year: 5 ( 2,844 ) ( 1,209 )
Net current assets (liabilities): 359 1,218
Total assets less current liabilities: 1,604 3,085
Creditors: amounts falling due after more than one year: 6 ( 1,245 ) ( 1,867 )
Total net assets (liabilities): 359 1,218
Members' funds
Profit and loss account: 359 1,218
Total members' funds: 359 1,218

The notes form part of these financial statements

SKY HIGH ARTS C.I.C.

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 24 December 2025
and signed on behalf of the board by:

Name: Katrina Stewart
Status: Director

The notes form part of these financial statements

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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.

    Tangible fixed assets depreciation policy

    and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and Fittings 20% Straight Line

    Other accounting policies

    Government grants Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 3,112 3,112
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 3,112 3,112
Depreciation
At 1 April 2024 1,245 1,245
Charge for year 622 622
On disposals
Other adjustments
At 31 March 2025 1,867 1,867
Net book value
At 31 March 2025 1,245 1,245
At 31 March 2024 1,867 1,867

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Prepayments and accrued income 74 0
Total 74 0

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 39 216
Accruals and deferred income 2,805 993
Total 2,844 1,209

SKY HIGH ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

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

2025 2024
£ £
Other creditors 1,245 1,867
Total 1,245 1,867

COMMUNITY INTEREST ANNUAL REPORT

SKY HIGH ARTS C.I.C.

Company Number: 09408974 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

2024-25 was another successful year for Sky High Arts. We continued work on our digital library funded by Power to Change. The team filmed and photographed trapeze moves, mindfulness meditations and home workouts and the library is now in trial mode with current students. It is a real hit with those who are trying it and we look forward to seeing its progress and impact. We worked with St Ives Community Orchard on two events, Apple Day and Pumpkin Day. These events involved both aerial and ground-based circus activities and interactive performance. Developing this working relationship with the orchard has been really beneficial for Sky High Arts as it is bringing us closer to members of the community which we previously had no contact with. In January and Feb 2025 we hired The Core building at St Ives Community Orchard for workshops when our usual community centre was closed for refurbishment. This was another interesting development in our activities and we will look to using this space again in the future. We ran summer aerial workshops with a new community group at a community centre in Penzance. We continued our summer work with Camp Kernow, environmental children’s camp and ran workshops for St Ives September Festival. Our weekly adult and childrens' classes continued through-out the year. We are building a base of intermediate students as well as introducing new community members to aerial and mindfulness. We feel this was a successful year with new developments in the digital library, a deepening of our relationship with St Ives Community Orchard and St Ives September Festival, working in a new community space, branching out into working in a new town, Penzance, new beneficiaries reached and a continued positive effect on our communities mental and physical health.

Consultation with stakeholders

Sky High Arts stakeholders are students, volunteers, organisations with whom we work, and organisations with whom Sky High Arts may work with in the future. This year we worked with our regular students and volunteers on developing the digital library and how to work in a new community space. We had consultations with our regular partner organisations: St Ives September Festival and Camp Kernow and developed our working relationship with newer community collaborator, St Ives Community Orchard. This resulted in us developing new workshops in a new community building. We consulted with a new community group in Penzance which resulted in a series of summer children’s workshops.

Directors' remuneration

The total of directors remuneration included within the accounts is £6,206 for 2 directors which is invoiced on a sessional basis. There are no other transactions or arrangements in connection with the remuneration of directors which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
24 December 2025

And signed on behalf of the board by:
Name: Katrina Stewart
Status: Director