JAM NICE CIC

Company limited by guarantee

Company Registration Number:
14732065 (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

JAM NICE CIC

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

JAM NICE CIC

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

The principal activity of the company during the year under review was event programming and promotion.



Directors

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

H. Abido
J. Williams


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
17 December 2025

And signed on behalf of the board by:
Name: H. Abido
Status: Director

JAM NICE CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 13 months to 31 March 2024


£

£
Turnover: 155,122 151,056
Cost of sales: ( 141,005 ) ( 138,420 )
Gross profit(or loss): 14,117 12,636
Distribution costs: ( 15,366 ) ( 6,527 )
Administrative expenses: ( 2,643 ) ( 7,665 )
Other operating income: 4,500 2,362
Operating profit(or loss): 608 806
Profit(or loss) before tax: 608 806
Tax: ( 116 ) ( 155 )
Profit(or loss) for the financial year: 492 651

JAM NICE CIC

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£

£
Current assets
Debtors: 3 1,475 4,995
Cash at bank and in hand: 839 14,313
Total current assets: 2,314 19,308
Creditors: amounts falling due within one year: 4 ( 1,171 ) ( 18,657 )
Net current assets (liabilities): 1,143 651
Total assets less current liabilities: 1,143 651
Total net assets (liabilities): 1,143 651
Members' funds
Profit and loss account: 1,143 651
Total members' funds: 1,143 651

The notes form part of these financial statements

JAM NICE CIC

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 17 December 2025
and signed on behalf of the board by:

Name: H. Abido
Status: Director

The notes form part of these financial statements

JAM NICE CIC

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 is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: - the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably; - it is probable that the economic benefits associated with the transaction will flow to the Company; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

JAM NICE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 2 2

JAM NICE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 13 months to 31 March 2024
£ £
Prepayments and accrued income 4,995
Other debtors 1,475
Total 1,475 4,995

JAM NICE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 13 months to 31 March 2024
£ £
Taxation and social security 271 155
Accruals and deferred income 600 17,002
Other creditors 300 1,500
Total 1,171 18,657

COMMUNITY INTEREST ANNUAL REPORT

JAM NICE CIC

Company Number: 14732065 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The company has been founded to benefit live music/art audiences and performers with a strong emphasis on Bristol residents and the surrounding area. Our activities are primarily the programming of diverse live music in Bristol UK at a variety of venues. We also organise training courses, workshops, and have partnered with large arts organisation to platform musicians from marginalised backgrounds and address injustices within the music industry. By offering out community tickets and the lowest possible ticket prices we have managed to engage audiences from diverse backgrounds and reconnect people with the music of their homeland in Bristol. This year we continued our Ghana Music Special project, engaging some UK based Ghanaian musicians and supported them in returning to Ghana to collaborate, write and record music to be released in the UK. The goal is the formation of a cultural bridge between the UK & Ghana. We worked alongside 4 local venues to program a 1500 capacity festival featuring artists from almost every continent. Additionally, we started and finished our Elevate program in partnership with Bristol City Council, training 3 young women in the field of sound engineering and lighting engineering. This project was designed to trailblaze for phase 2 where we will onboard more students in 24-25.

Consultation with stakeholders

Stakeholders include: - Musicians, with a focus on musicians of diverse heritage - Audience members, with a focus on Bristol and those of diverse heritage - Young people who want to work in the music industry - For our Ghana music special project, we included Ghanaian musicians from the start of the application. We met regularly with the stakeholders and built the project around their needs, being sure to be collaborative in every possible way. - Audience members with a focus on Bristol are often asked when they attend shows to give verbal feedback to team members. We are currently constructing an audience survey for 2025-2026. - Young people who want to work in the music industry: in 23/24 we applied for some funding to provide meaningful training opportunities to these people. We were awarded this in 24/25 and have now delivered the project, providing 2 young women with 8 sessions of on the job learning alongside a respected local sound engineer. This project has formed the basis of an application that we are currently submitting to expand the program in 25/26 with 8 more young people. We also trained a further female technician in the field of lighting engineering, who has since successfully gotten funding to expand her learning and has gone on to do several tours and is now leading the lighting team at a venue in Bristol.

Directors' remuneration

Directors received an aggregate of £300 during the year.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Hadie Abido
Status: Director