THE SAVING GRACE COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
13701477 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

THE SAVING GRACE COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

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

THE SAVING GRACE COLLECTIVE CIC

Profit And Loss Account

for the Period Ended 31 October 2025

2025 2024


£

£
Turnover: 10,596 5,515
Cost of sales: ( 11,398 ) ( 4,997 )
Gross profit(or loss): (802) 518
Administrative expenses: ( 471 ) ( 631 )
Operating profit(or loss): (1,273) (113)
Profit(or loss) before tax: (1,273) (113)
Profit(or loss) for the financial year: (1,273) (113)

THE SAVING GRACE COLLECTIVE CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 2,490 0
Cash at bank and in hand: 938 5
Total current assets: 3,428 5
Creditors: amounts falling due within one year: 4 ( 4,945 ) ( 249 )
Net current assets (liabilities): (1,517) (244)
Total assets less current liabilities: (1,517) ( 244)
Total net assets (liabilities): (1,517) (244)
Members' funds
Profit and loss account: (1,517) ( 244)
Total members' funds: ( 1,517) (244)

The notes form part of these financial statements

THE SAVING GRACE COLLECTIVE CIC

Balance sheet statements

For the year ending 31 October 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 17 July 2026
and signed on behalf of the board by:

Name: Nigel Cudjoe
Status: Director

The notes form part of these financial statements

THE SAVING GRACE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

THE SAVING GRACE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

THE SAVING GRACE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Debtors

2025 2024
£ £
Trade debtors 2,490 0
Total 2,490 0

THE SAVING GRACE COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 4,696
Other creditors 249 249
Total 4,945 249

COMMUNITY INTEREST ANNUAL REPORT

THE SAVING GRACE COLLECTIVE CIC

Company Number: 13701477 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

The Saving Grace Collective is a nonprofit social enterprise dedicated to empowering individuals and addressing inequality within the Kirklees creative sector. Operating with a run by artists, for artists ethos, the company provides access to music, film, and multimedia projects as tools for personal and professional development. Over the accounting period, The Saving Grace Collective continued its mission as a vital creative hub in Huddersfield, successfully balancing grassroots community support with professional artist development. Our focus remained on leveraging the creative arts to dismantle barriers for marginalized groups while expanding the regional reach significantly benefiting the community: Launch and Development of Honeyzz website: We successfully initiated the development and implementation of the Honeyzz website, Honeyzz is a health focused initiative dedicated to supporting individuals living with diabetes, specifically within Black and other culturally diverse communities in Kirklees and the surrounding areas. The platform addresses the unique challenges faced by these populations who are statistically at a higher risk for Type 2 diabetes by providing culturally sensitive support, resources, and community based engagement to help manage the condition and improve health outcomes. It serves as a vital resource for health awareness, education, and advocacy, bridging the gap between clinical needs and community led support. Artist Development and Promotion: We continued our pillar of artist development, featuring new interviews and spotlighting local talent such as Slip Martin, Django Durrant, and the late Jamie Draper Atlas, providing them with platforms to share their creative journeys and work. Journalism and Skills Training: We successfully delivered the Too Legit To Quit T.L.T.Q. pilot project, including a music journalism workshop that provided aspiring writers with professional training and opportunities to have their work featured on our platform, fostering a pipeline for future paid contributors. Community Storytelling and Response: In response to the impact of Hurricane Beryl, we facilitated the Where We Come From project. This initiative evolved from a musical remix into a documentary film, providing a space for collective memory and the sharing of lived experiences regarding identity and resilience. Regional Collaboration: We maintained our commitment to the Kirklees music ecosystem through projects like Kirklees Most Wanted, which continued to provide a pressure cooker environment for local artists to perform, reaching wider audiences through 20+ venue partnerships. Organizational Growth: We expanded our internal capacity by welcoming additional team members volunteers and freelancers, ensuring fresh perspectives continue to inform our work with artists and the community. Broad Engagement and Economic Impact: Collectively, these initiatives supported approximately 196 artists and bands 18yrs and over, engaged 37 children in music projects, facilitated 56 releases, provided 109 performance opportunities, and created approximately 30 jobs. Artists supported by the Collective gained media recognition on BBC 6 Music, BBC Introducing, 1Xtra, and other prominent platforms.

Consultation with stakeholders

The Saving Grace Collective identifies the following key stakeholders who are significantly affected by or contribute to the company's activities: Artists aspiring / established: The musicians and bands who participate in our projects, directly benefiting from and shaping our creative output. Creative & Industry Professionals: Individuals and organizations that participate in project delivery, critical to the successful execution of our initiatives. General Public / Audience: Individuals who listen to local musicians and attend events, representing our ultimate beneficiaries and cultural impact. The Community: The local area, including residents, businesses, organisations, and creative freelancers, providing the environment and resources for our operations. Local Government / Councils: Local authorities who may provide funding, regulatory support, or have an interest in local cultural development. Educational Institutions: Schools, colleges, and universities that serve as sources of emerging talent or provide educational partnerships. Funding Bodies / Sponsors: Organisations or individuals who provide financial support, grants, or sponsorship to enable our projects. Consultation Methods To ensure our activities remain responsive to the needs of the local music and creative community, The Saving Grace Collective employs a multifaceted consultation approach: PostProject Questionnaires: Following each project, we capture feedback on learning outcomes and suggestions for improvement through concise questionnaires. Targeted 121 Discussions: Indepth, oneonone sessions via email, phone, or video call with key participants and community leaders to gather nuanced feedback. Prospective Artist Outreach: Proactive consultations with artists who have not yet collaborated with us to ascertain future project interests and required support. Venue & Business Partnerships Feedback: Ongoing dialogue with local partners to assess and maximize mutual impact. Council Member Meetings: Periodic forums to discuss community needs, share project updates, and gather diverse perspectives. Social Media Engagement Analysis: Monitoring sentiment and trends across digital platforms to understand public needs and respond to direct inquiries. Partnerships with Local Organisations: Collaborative planning meetings with arts organisations and charities to align efforts and address shared objectives. Data gathered through these methods consistently highlights a significant need among local artists for professional recording, mixing, promotion, and marketing resources. Actions Taken in Response to Feedback Insights from our consultations have directly shaped our strategic responses: Enhanced Artist Development: We are bolstering internal resources and our external network to increase support for artists, including securing additional studio time and expanding performance venue availability. Optimised Project Delivery: We have refined our project presentation strategies and methodologies to align more closely with stakeholder preferences. Increased Outreach: We are organising more events and implementing a robust promotional strategy across our networks to enhance public visibility. Expanded Community Integration: We are deepening engagement with local businesses and creative practitioners to broaden our collective impact. Mentorship and SkillBuilding: We have developed structured workshops e.g., songwriting, music production, marketing, music journalism to address specific skill gaps identified by artists. Resource Hub Development: We are creating a central hub that consolidates information on grants, legal advice, and industry contacts. Advocacy for Local Music Policy: We are engaging with local government and cultural bodies to advocate for policies that address systemic challenges facing the creative ecosystem. By prioritizing informal feedback and community engagement, The Saving Grace Collective aims to foster stronger relationships with its stakeholders and ensure the longterm success of the business

Directors' remuneration

The total amount of money paid to or owed to directors for their work was £7,252.68. There were no other payments or arrangements related to director compensation or severance that need 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
17 July 2026

And signed on behalf of the board by:
Name: Nigel Cudjoe
Status: Director