STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
07699886 (England and Wales)

Unaudited statutory accounts for the year ended 29 July 2024

Period of accounts

Start date: 31 July 2023

End date: 29 July 2024

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 29 July 2024

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

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Directors' report period ended 29 July 2024

The directors present their report with the financial statements of the company for the period ended 29 July 2024

Directors

The director shown below has held office during the whole of the period from
31 July 2023 to 29 July 2024

IAIN PAXTON


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
1 December 2025

And signed on behalf of the board by:
Name: IAIN PAXTON
Status: Director

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 29 July 2024

2024 2023


£

£
Turnover: 61,070 72,587
Cost of sales: 0 0
Gross profit(or loss): 61,070 72,587
Administrative expenses: ( 61,194 ) ( 68,686 )
Operating profit(or loss): (124) 3,901
Profit(or loss) before tax: (124) 3,901
Profit(or loss) for the financial year: (124) 3,901

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Balance sheet

As at 29 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 8,332 11,116
Total fixed assets: 8,332 11,116
Current assets
Debtors: 4 750 750
Cash at bank and in hand: 27,407 24,747
Total current assets: 28,157 25,497
Creditors: amounts falling due within one year: 5 ( 3,614 ) ( 3,614 )
Net current assets (liabilities): 24,543 21,883
Total assets less current liabilities: 32,875 32,999
Total net assets (liabilities): 32,875 32,999
Members' funds
Profit and loss account: 32,875 32,999
Total members' funds: 32,875 32,999

The notes form part of these financial statements

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 29 July 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 1 December 2025
and signed on behalf of the board by:

Name: IAIN PAXTON
Status: Director

The notes form part of these financial statements

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 July 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

    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

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment.

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 31 July 2023 20,074 57,532 1,101 7,316 86,023
Additions
Disposals
Revaluations
Transfers
At 29 July 2024 20,074 57,532 1,101 7,316 86,023
Depreciation
At 31 July 2023 20,054 47,230 1,039 6,584 74,907
Charge for year 29 2,575 16 183 2,803
On disposals
Other adjustments 19 19
At 29 July 2024 20,064 49,805 1,055 6,767 77,691
Net book value
At 29 July 2024 10 7,727 46 549 8,332
At 30 July 2023 20 10,302 62 732 11,116

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 July 2024

4. Debtors

2024 2023
£ £
Other debtors 750 750
Total 750 750

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 29 July 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 951 951
Other creditors 2,663 2,663
Total 3,614 3,614

COMMUNITY INTEREST ANNUAL REPORT

STARFISH YOUTH MUSIC COMMUNITY INTEREST COMPANY

Company Number: 07699886 (England and Wales)

Year Ending: 29 July 2024

Company activities and impact

Starfish Youth Music is a music project for young people aged 9 – 17 years. The project has been running since 1998 and is widely respected throughout the Lewes District for its positive impact on young people in the local area. During the financial year, Starfish Youth Music ran regular music sessions 6 times a week, 36 weeks a year with around 100 young people regularly attending. With the assistance of an encouraging staff team, and peer to peer sharing, this has helped develop skills and confidence in our members. The young people attending have shown a positive commitment to their bands, developing musical ability and important group social skills. The project put on 3 youth music concerts open to the public and attended by around 100 adults and children. Starfish also hosted a workshop at Western Road Primary school and 3 Starfish bands performed at the event The company employs 3 part time workers and 2 young helpers.

Consultation with stakeholders

The company’s stakeholders are the 100 young members of the club. Feedback from them is taken regularly regarding the running of the project. This has influenced the way sessions are run, and the purchasing of relevant equipment. Members and parents are also consulted on the regularity and location of concerts and ways to raise money for the project.

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
1 December 2025

And signed on behalf of the board by:
Name: IAIN PAXON
Status: Director