DIVERSE ARTISTS NETWORK CIC

Company limited by guarantee

Company Registration Number:
12804388 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

DIVERSE ARTISTS NETWORK CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

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

DIVERSE ARTISTS NETWORK CIC

Directors' report period ended 31 August 2025

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

Principal activities of the company

The principal activity of the company in the period under review was developing a support network for marginalised and underrepresented creatives in the South West and beyond.



Directors

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

Denise Bamford
Vandna Thakur
Penelope Caffrey
Rosco Jones
Rosalind Stewart-Hall
Oneil Ashley


The director shown below has held office during the period of
1 September 2024 to 30 October 2024

Aisha Ali


The directors shown below have held office during the period of
25 June 2025 to 31 August 2025

Ylvi Jara
Bashart Malik
Jazpa Taylor


The director shown below has held office during the period of
5 November 2024 to 31 August 2025

Sachin Babbar


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
16 January 2026

And signed on behalf of the board by:
Name: Denise Bamford
Status: Director

DIVERSE ARTISTS NETWORK CIC

Profit And Loss Account

for the Period Ended 31 August 2025

2025 2024


£

£
Turnover: 24,354 5,875
Cost of sales: ( 95,130 ) ( 133,544 )
Gross profit(or loss): (70,776) (127,669)
Administrative expenses: ( 48,749 ) ( 25,721 )
Other operating income: 127,438 153,630
Operating profit(or loss): 7,913 240
Profit(or loss) before tax: 7,913 240
Tax: ( 1,389 )
Profit(or loss) for the financial year: 6,524 240

DIVERSE ARTISTS NETWORK CIC

Balance sheet

As at 31 August 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 3,381 26
Cash at bank and in hand: 105,141 63,732
Total current assets: 108,522 63,758
Creditors: amounts falling due within one year: 4 ( 86,940 ) ( 48,700 )
Net current assets (liabilities): 21,582 15,058
Total assets less current liabilities: 21,582 15,058
Total net assets (liabilities): 21,582 15,058
Members' funds
Profit and loss account: 21,582 15,058
Total members' funds: 21,582 15,058

The notes form part of these financial statements

DIVERSE ARTISTS NETWORK CIC

Balance sheet statements

For the year ending 31 August 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 16 January 2026
and signed on behalf of the board by:

Name: Denise Bamford
Status: Director

The notes form part of these financial statements

DIVERSE ARTISTS NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated at 25% per annum on the reducing balance basis. Individual items costing less than £500 are not capitalised.

DIVERSE ARTISTS NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

DIVERSE ARTISTS NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Debtors

2025 2024
£ £
Trade debtors 3,175 26
Other debtors 206
Total 3,381 26

DIVERSE ARTISTS NETWORK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 10,706 1,204
Taxation and social security 1,510 120
Accruals and deferred income 74,724 47,376
Total 86,940 48,700

COMMUNITY INTEREST ANNUAL REPORT

DIVERSE ARTISTS NETWORK CIC

Company Number: 12804388 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Nearly a year into our residency at Arnolfini, the difference that stability and trust can make is clear. The support from the Arnolfini team has allowed us to properly settle into the space, host regular Artists Gatherings, and encourage DAN members to approach the venue with their own ideas and workshops. Sharing office space with Curiosity Unltd and Lets Make Art has also been important, creating room for conversations, shared thinking and new collaborations to grow naturally. Over the course of the year, our team expanded, with a Manager and Producer so we could deliver more of what we set out to do. We now have the capacity to work across memberships, agency activity, community development and one-to-one mentoring, and it’s been powerful to see how much difference that has made. Looking back, we feel proud of how far we’ve come --- and more aware than ever of how vital stability is for artists, organisations and communities. 2024-5 brought some major milestones. We launched new paid memberships with tiers and welcomed more than 75 members. We also set up the DAN agency, onboarding 40 artists working across music, dance, visual arts, workshops and facilitation. Through the agency, we worked with partners across Bristol and the South West, including Team Love (FORWARDS Festival), Arnolfini, Weston Arts + Health Festival, Bristol Harbour Festival and Superculture. Alongside this, we’ve been preparing our agency web page so our artists can be more visible and easier to find. Artists Gatherings continued to sit at the heart of what we do. We provide 10 sessions have provided space for artists to meet, share ideas, reflect and feel supported, often in ways that are hard to find elsewhere. Our mentoring work has run alongside this, helping artists build confidence, sharpen ideas and strengthen their networks. We delivered 84 sessions to artists. Behind the scenes, we’ve also been quietly building our organisational foundations so we’re better equipped for what’s ahead. This year’s Mini-DIASPORA! In May was a real highlight, reinforcing DAN’s role in celebrating cultural diversity and community-led creativity in the city. We were also part of a wide range of festivals and events, including DIASPORA! at Shambala, helping us reach new audiences across the region. We continued developing our Artists Spotlights, celebrating the talent within the network while supporting emerging journalists from the Rise Collective and refreshed our branding and communications with the support of a social media volunteer. Like many arts organisations, we’re still working within a difficult funding landscape. Things remain precarious, but we’ve responded by strengthening our core team and spending time exploring new income streams. We’re actively pursuing sponsorship for DIASPORA!, from supporting individual artists and exhibitions through to the festival’s opening and closing moments. The wider context we’re working in --- shaped by rising prejudice and increasingly polarised conversations --- has only reinforced the importance of DAN’s work. Creating space for marginalised voices, supporting artists to be seen and heard, and working in care-centred, inclusive ways feels more urgent than ever for our artists, members, partners, venues, funders and supporters.

Consultation with stakeholders

We have held 3 main consultations: - 1 with artists - 1 with the Board - 1 with volunteers. These consultations helped us to make decisions about the funding we applied for , the programme we deliver, the development of the agency and the organisational development we seek . We have incorporated the findings into our Business plan . We have developed a volunteers plan and gained funding to support this . We reflected on the feedback from the artists and have expanded access to our agency, developed more relationships with festivals and held artists gatherings that reflect the choices of the artists

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £28,857. 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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 January 2026

And signed on behalf of the board by:
Name: Denise Bamford
Status: Director