for the Period Ended 31 October 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
|
|
£ |
£ |
| Turnover: |
|
|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
( |
|
| Administrative expenses: |
(
|
(
|
| Operating profit(or loss): |
( |
( |
| Profit(or loss) before tax: |
( |
( |
| Profit(or loss) for the financial year: |
( |
( |
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Current assets | |||
| Debtors: | 3 |
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 4 |
(
|
(
|
| Net current assets (liabilities): |
( |
( |
|
| Total assets less current liabilities: |
( |
( |
|
| Total net assets (liabilities): |
( |
( |
|
| Members' funds | |||
| Profit and loss account: |
( |
( |
|
| Total members' funds: |
( |
( |
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 October 2025
Basis of measurement and preparation
for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
|
| Total |
|
|
for the Period Ended 31 October 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Accruals and deferred income |
|
|
| Other creditors |
|
|
| Total |
|
|
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.
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
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.
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