AYAN WORLD MUSIC CIC

Company limited by guarantee

Company Registration Number:
10860312 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2025

Period of accounts

Start date: 1 August 2024

End date: 31 July 2025

AYAN WORLD MUSIC CIC

Contents of the Financial Statements

for the Period Ended 31 July 2025

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

AYAN WORLD MUSIC CIC

Directors' report period ended 31 July 2025

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

Principal activities of the company

The company delivers cross-cultural arts, music and wellbeing programmes across Wales. Activities include community workshops, performances and InnerConnect wellbeing sessions, promoting inclusion, cultural exchange and improved wellbeing for diverse communities.



Directors

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

Amruta Garud
Robert David Price Evans


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
29 April 2026

And signed on behalf of the board by:
Name: Amruta Garud
Status: Director

AYAN WORLD MUSIC CIC

Profit And Loss Account

for the Period Ended 31 July 2025

2025 2024


£

£
Turnover: 21,240 3,362
Cost of sales: 0 0
Gross profit(or loss): 21,240 3,362
Administrative expenses: ( 18,153 ) ( 5,242 )
Operating profit(or loss): 3,087 (1,880)
Profit(or loss) before tax: 3,087 (1,880)
Profit(or loss) for the financial year: 3,087 (1,880)

AYAN WORLD MUSIC CIC

Balance sheet

As at 31 July 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 16,362 5,520
Total current assets: 16,362 5,520
Net current assets (liabilities): 16,362 5,520
Total assets less current liabilities: 16,362 5,520
Creditors: amounts falling due after more than one year: 3 ( 6,150 ) ( 9,983 )
Total net assets (liabilities): 10,212 (4,463)
Members' funds
Profit and loss account: 10,212 ( 4,463)
Total members' funds: 10,212 (4,463)

The notes form part of these financial statements

AYAN WORLD MUSIC CIC

Balance sheet statements

For the year ending 31 July 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 29 April 2026
and signed on behalf of the board by:

Name: Amruta Garud
Status: Director

The notes form part of these financial statements

AYAN WORLD MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

    Other accounting policies

    The financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102 and under the historical cost convention. The accounts have been prepared on a going concern basis.

AYAN WORLD MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

AYAN WORLD MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 July 2025

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

2025 2024
£ £
Bank loans and overdrafts 6,150 9,983
Total 6,150 9,983

COMMUNITY INTEREST ANNUAL REPORT

AYAN WORLD MUSIC CIC

Company Number: 10860312 (England and Wales)

Year Ending: 31 July 2025

Company activities and impact

Ayan World Music CIC delivered cross-cultural arts, music and wellbeing programmes across Wales during the financial year. Activities included community workshops, live performances and InnerConnect wellbeing sessions. These activities benefited the community by improving access to arts and culture, supporting mental wellbeing through participatory music sessions, and promoting inclusion and cultural exchange across diverse communities. The company worked with partners including Arts Council Wales, Awen Cultural Trust, Chapter Arts and Ty Cerdd to reach a wide range of participants. Overall, the company’s work contributed to strengthening community connections, supporting local artists, and enhancing wellbeing through accessible creative programmes.

Consultation with stakeholders

The company engaged with stakeholders including participants, partner organisations, artists and community groups through programme delivery and collaboration. Consultation took place informally through feedback gathered during workshops, performances and wellbeing sessions, as well as through ongoing discussions with partner organisations such as Arts Council Wales, Awen Cultural Trust, Chapter Arts and Ty Cerdd. Feedback has been used to shape future activities, improve programme delivery and ensure that the company’s work remains relevant, inclusive and responsive to community needs.

Directors' remuneration

Directors received payments for services delivered to the CIC during the financial year, including artistic performances, workshop facilitation, project coordination and programme delivery. These payments were made on a fair and reasonable basis, were directly linked to the delivery of the company’s community activities, and were in accordance with the company’s Articles of Association. No payments were made for statutory director duties alone. All remuneration was necessary to support the delivery of cross-cultural arts, music and wellbeing programmes across Wales.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 April 2026

And signed on behalf of the board by:
Name: Amruta Garud
Status: Director