for the Period Ended 31 March 2026
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Community Interest Report |
for the Period Ended
| 13 months to 31 March 2026 | ||
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 13 months to 31 March 2026 | ||
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| Fixed assets | |||
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| Total assets less current liabilities: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 March 2026
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2026
| 13 months to 31 March 2026 | ||
|---|---|---|
| Average number of employees during the period |
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During the financial year, Sun Drum CIC delivered community-based music, drumming and creative wellbeing activities designed to promote inclusion, social connection, confidence and emotional wellbeing within the local community. The CIC organised and facilitated workshops, community sessions and creative events accessible to individuals of varying ages and backgrounds, encouraging participation, self-expression and community engagement. Activities undertaken during the year aimed to reduce social isolation, improve wellbeing and provide opportunities for people to engage in affordable and inclusive creative experiences within the Isle of Wight community. Funding and income received during the year were used directly to support the delivery of workshops, facilitator costs, venue hire and other community activity expenses necessary to provide these services.
The company consulted informally with workshop participants, local community members, facilitators and partner organisations throughout the year through direct discussions, feedback during community sessions and ongoing engagement at workshops and events. Feedback received helped shape the delivery, accessibility and content of community activities provided by the CIC.
During the year, directors received payments in relation to the facilitation and delivery of community workshops and activities undertaken by the CIC. These payments were made in the ordinary course of the CIC’s activities and were considered reasonable and necessary for the delivery of community services. The total amount paid or receivable by directors in respect of facilitation, workshop delivery and community services provided to the CIC during the year was £2,437.45. There were no other transactions or arrangements in connection with directors’ remuneration, or compensation for loss of office, which require disclosure.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
11 May 2026
And signed on behalf of the board by:
Name: F. Bahchevanska
Status: Director