ASYLUM ARTS C.I.C.

Company limited by guarantee

Company Registration Number:
13808147 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

ASYLUM ARTS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

ASYLUM ARTS C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 58,472 47,058
Cost of sales: ( 90,929 ) ( 43,998 )
Gross profit(or loss): (32,457) 3,060
Administrative expenses: ( 10,992 ) ( 5,958 )
Other operating income: 29,728 779
Operating profit(or loss): (13,721) (2,119)
Profit(or loss) before tax: (13,721) (2,119)
Tax: 22,816 10,306
Profit(or loss) for the financial year: 9,095 8,187

ASYLUM ARTS C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 812 461
Total fixed assets: 812 461
Current assets
Debtors: 4 23,592 12,028
Cash at bank and in hand: 14,485 23,228
Total current assets: 38,077 35,256
Creditors: amounts falling due within one year: 5 ( 15,174 ) ( 21,098 )
Net current assets (liabilities): 22,903 14,158
Total assets less current liabilities: 23,715 14,619
Total net assets (liabilities): 23,715 14,619
Members' funds
Profit and loss account: 23,715 14,619
Total members' funds: 23,715 14,619

The notes form part of these financial statements

ASYLUM ARTS C.I.C.

Balance sheet statements

For the year ending 31 December 2024 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 29 December 2025
and signed on behalf of the board by:

Name: Stephen Bailey
Status: Director

The notes form part of these financial statements

ASYLUM ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 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

ASYLUM ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

ASYLUM ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 0 566 566
Additions 590 0 590
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 December 2024 590 566 1,156
Depreciation
At 1 January 2024 0 105 105
Charge for year 98 141 239
On disposals
Other adjustments
At 31 December 2024 98 246 344
Net book value
At 31 December 2024 492 320 812
At 31 December 2023 0 461 461

ASYLUM ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 776 0
Prepayments and accrued income 0 1,084
Other debtors 22,816 10,944
Total 23,592 12,028

ASYLUM ARTS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 11,002 3,810
Trade creditors 2,542 7,588
Accruals and deferred income 1,629 9,700
Other creditors 1 0
Total 15,174 21,098

COMMUNITY INTEREST ANNUAL REPORT

ASYLUM ARTS C.I.C.

Company Number: 13808147 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Over the year the company continued development and performance of shows both by and for disabled/neurodivergent groups, empowering and engaging with neurodivergent artists. This included touring the award-winning "Surfacing" performed across 5 presentations from April playing to approximately 800 audience members and producing new show That's Not My Name which toured to 6 venues to over 1200 audience members and critical acclaim. Additionally 25 engagement sessions were delivered for free to public groups. Development also continued on new show Autistic as F*ck and adhoc gratix support was offered to disabled and neurodivergent artists.

Consultation with stakeholders

No consultation with stakeholders

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
29 December 2025

And signed on behalf of the board by:
Name: Stephen Bailey
Status: Director