THE MITRE MUSIC VENUE CIC

Company limited by guarantee

Company Registration Number:
15935872 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2025

Period of accounts

Start date: 4 September 2024

End date: 30 September 2025

THE MITRE MUSIC VENUE CIC

Contents of the Financial Statements

for the Period Ended 30 September 2025

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

THE MITRE MUSIC VENUE CIC

Profit And Loss Account

for the Period Ended 30 September 2025

13 months to 30 September 2025


£
Turnover: 84,245
Cost of sales: ( 40,241 )
Gross profit(or loss): 44,004
Administrative expenses: ( 43,548 )
Operating profit(or loss): 456
Profit(or loss) before tax: 456
Profit(or loss) for the financial year: 456

THE MITRE MUSIC VENUE CIC

Balance sheet

As at 30 September 2025

Notes 13 months to 30 September 2025


£
Fixed assets
Tangible assets: 3 4,834
Total fixed assets: 4,834
Current assets
Cash at bank and in hand: 406
Total current assets: 406
Net current assets (liabilities): 406
Total assets less current liabilities: 5,240
Total net assets (liabilities): 5,240
Members' funds
Profit and loss account: 5,240
Total members' funds: 5,240

The notes form part of these financial statements

THE MITRE MUSIC VENUE CIC

Balance sheet statements

For the year ending 30 September 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 3 June 2026
and signed on behalf of the board by:

Name: Lucy Edwards
Status: Director

The notes form part of these financial statements

THE MITRE MUSIC VENUE CIC

Notes to the Financial Statements

for the Period Ended 30 September 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 stated at cost less accumulated depreciation. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives. Equipment and fixtures are depreciated on a straight-line basis at 25% per annum.

THE MITRE MUSIC VENUE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

  • 2. Employees

    13 months to 30 September 2025
    Average number of employees during the period 0

THE MITRE MUSIC VENUE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 6,445 6,445
Disposals
Revaluations
Transfers
At 30 September 2025 6,445 6,445
Depreciation
Charge for year 1,611 1,611
On disposals
Other adjustments
At 30 September 2025 1,611 1,611
Net book value
At 30 September 2025 4,834 4,834

COMMUNITY INTEREST ANNUAL REPORT

THE MITRE MUSIC VENUE CIC

Company Number: 15935872 (England and Wales)

Year Ending: 30 September 2025

Company activities and impact

During the financial year, The Mitre Live Music Venue has continued to operate as an independent, grassroots arts and entertainment hub in Abertillery. Our primary activity has been hosting a wide variety of live music events, ranging from local, emerging acts to internationally touring artists from countries including the USA, Trinidad and Tobago, Italy, Finland and Sweden. We also provide rehearsal facilities for musicians and a low-cost, accessible performance space for promoters, bands and community groups. Beyond the music, The Mitre plays a vital role as a community space. We have hosted children’s dance classes, autism youth groups, book clubs and life drawing classes, alongside making our upstairs community room available for hire at affordable rates to encourage creativity, learning and social connection. These activities promote cultural engagement, support local talent, and provide inclusive, safe spaces for people of all ages and backgrounds. Through our work, we have strengthened the local cultural scene, boosted the night-time economy, and created opportunities for community participation. By maintaining affordable or free access to arts and live performance.

Consultation with stakeholders

Our key stakeholders include: Local community members and audience attendees Musicians, performers and promoters Community groups hiring the venue Bar staff and volunteers Local businesses and suppliers Local authorities and licensing bodies Consultation Methods We engage with stakeholders through a mix of informal and formal channels, including: Face-to-face conversations during events Social media interactions and public posts Feedback from community group organisers Email correspondence with promoters and suppliers Liaison with local borough and community council representatives and licensing officers Action Taken in Response to Feedback Event variety: Introduced more all-ages and family-friendly events in response to community requests. Accessibility improvements: Adjusted room layouts and signage to improve accessibility for people with disabilities. Community use: Expanded affordable hire options for local groups to encourage greater community use of our upstairs space. Artist support: Increased promotion for local bands via social media after feedback from musicians seeking more exposure.

Directors' remuneration

From 10th February 2025, the director Lucy Edwards has received £150 per week, totalling £4350 for the period from 10th February 2025 to 1st September 2025. Prior to this date, no renumeration was received for full-time work at the company since 1st September 2024.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
1 June 2026

And signed on behalf of the board by:
Name: Lucy Edwards
Status: Director