MINTAKA STUDIOS CIC

Company limited by guarantee

Company Registration Number:
15953207 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2025

Period of accounts

Start date: 12 September 2024

End date: 30 September 2025

MINTAKA STUDIOS CIC

Contents of the Financial Statements

for the Period Ended 30 September 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MINTAKA STUDIOS CIC

Balance sheet

As at 30 September 2025

Notes 13 months to 30 September 2025


£
Current assets
Debtors: 3 3,415
Cash at bank and in hand: 2,587
Total current assets: 6,002
Creditors: amounts falling due within one year: 4 ( 5,540 )
Net current assets (liabilities): 462
Total assets less current liabilities: 462
Total net assets (liabilities): 462
Members' funds
Profit and loss account: 462
Total members' funds: 462

The notes form part of these financial statements

MINTAKA STUDIOS 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 4 June 2026
and signed on behalf of the board by:

Name: Jazbo Von Magius Gross
Status: Director

The notes form part of these financial statements

MINTAKA STUDIOS 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

MINTAKA STUDIOS 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

MINTAKA STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

3. Debtors

13 months to 30 September 2025
£
Prepayments and accrued income 3,415
Total 3,415

MINTAKA STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

4. Creditors: amounts falling due within one year note

13 months to 30 September 2025
£
Other creditors 5,540
Total 5,540

COMMUNITY INTEREST ANNUAL REPORT

MINTAKA STUDIOS CIC

Company Number: 15953207 (England and Wales)

Year Ending: 30 September 2025

Company activities and impact

Over the past financial year, we have successfully provided low-cost studios to local creatives, offering 8 workspaces of single and shared occupancy that enabled 16 artists to sustain their practice. By charging £15 per square foot per year - exactly half of the London market average of £30 - our pricing strictly aligns with London’s Affordable Artists Studio Network (LAASN) definition of affordable workspace. This directly lowers the economic barriers to cultural participation, ensuring that working-class, financially underrepresented, and emerging artists have a secure space to work in the borough. We also renovated our communal areas to create a dedicated, multi-use gallery and project space. Our studio holders have used this shared resource for fashion shoots, workshops, exhibitions, and large-scale sculptural work. This infrastructure has fostered a collaborative peer network between our community of artists, mitigating the isolation often felt by independent creators and allowing them to scale up their creative ambitions. Following these renovations, we launched our free public programme of exhibitions and events in March 2025. Between March and September, we hosted 13 free public exhibitions, each drawing between 30 and 50 visitors, cumulatively generating a cultural audience of over 500 people. Over this period, 78 artists had the opportunity to showcase their work, including debut solo shows for 3 individuals. By offering free cultural experiences, we have enriched the local civic landscape in Lewisham, making contemporary art genuinely accessible to residents who might otherwise feel excluded from commercial gallery spaces. Furthermore, providing debut exhibition opportunities has given young, emerging talent the vital public exposure and professional validation needed to launch sustainable creative careers. This public engagement was further strengthened by hosting five community workshops, two film screenings, and a public book launch. As part of our community outreach, we partnered with Goldsmiths University’s Schools Studio Programme and hosted students for a day from Prendergast School, Christ The King: Emmanuel, Lewisham College and Southwark College. This allowed local 16-18 year olds the opportunity to see what an artist studio looks like and meet our community of artists who offered practical advice, demystified careers and progressions within art, and inspired young people aspiring to a career in the creative industries.

Consultation with stakeholders

Our stakeholder network comprises three primary groups: our resident studio holders, exhibiting artists, and the broader public audience within Lewisham. We employ distinct consultation methods for each group to ensure our activities remain responsive to their needs. Resident Studio Holders (Primary Stakeholders) Consultation Method: Bimonthly group meetings alongside ongoing informal feedback channels. Action Taken: During these consultations, studio holders requested a more streamlined and transparent system for booking the newly renovated communal project space. In response, the company implemented a centralised shared calendar and a formalised email reservation system. This action resolved scheduling conflicts, maximised the utility of the space, and gave artists an easier way to host their own workshops, shoots, and exhibitions. Exhibiting Artists Consultation Method: Post-exhibition debriefs and qualitative feedback following each of our 13 public shows. Action Taken: Exhibiting artists overwhelmingly expressed that the opportunity provided vital professional development and significantly expanded the audience for their work. They noted that our management of the exhibitions was organised, supportive, and stress-free. In response to this positive feedback, we have committed to maintaining this high level of hands-on curatorial support and are actively exploring ways to offer further professional development resources in the coming years. Public Audiences and the Local Community Consultation Method: Informal audience feedback during events, alongside tracking attendance metrics. Action Taken: While formal survey consultation with the public has been minimal this period, sustained attendance figures (averaging 30 to 50 people per event) demonstrate a clear local demand for free cultural programming in Lewisham.

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
9 June 2026

And signed on behalf of the board by:
Name: Jazbo Von Magius Gross
Status: Director