SUGARMILL LIVE CIC

Company Registration Number:
16075749 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 12 November 2024

End date: 30 November 2025

SUGARMILL LIVE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2025

Profit and loss
Balance sheet
Additional notes
Community Interest Report

SUGARMILL LIVE CIC

Profit And Loss Account

for the Period Ended 30 November 2025

13 months to 30 November 2025


£
Turnover: 875
Gross profit(or loss): 875
Administrative expenses: ( 279 )
Operating profit(or loss): 596
Profit(or loss) before tax: 596
Profit(or loss) for the financial year: 596

SUGARMILL LIVE CIC

Balance sheet

As at 30 November 2025

Notes 13 months to 30 November 2025


£
Called up share capital not paid: 2
Current assets
Cash at bank and in hand: 596
Total current assets: 596
Net current assets (liabilities): 596
Total assets less current liabilities: 598
Total net assets (liabilities): 598
Capital and reserves
Called up share capital: 2
Profit and loss account: 596
Total Shareholders' funds: 598

The notes form part of these financial statements

SUGARMILL LIVE CIC

Balance sheet statements

For the year ending 30 November 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 5 June 2026
and signed on behalf of the board by:

Name: T. M. Harrison
Status: Director

The notes form part of these financial statements

SUGARMILL LIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Turnover policy

    Turnover represents the total value of funding and income received by the company during the financial year.

SUGARMILL LIVE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

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

COMMUNITY INTEREST ANNUAL REPORT

SUGARMILL LIVE CIC

Company Number: 16075749 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

In the financial year, SUGARMILL LIVE CIC worked on setting up its basic partnerships, obtaining the necessary funding in order to safeguard The Sugarmill venue, and starting delivery of high-impact youth and creative outreach projects which benefited the local community in accordance with our core value principles. 1. Empowering Local Young Musicians and Youth Engagement --- In June 2025 the CIC managed to secure a working arrangement with the international charity In Place of War, becoming one of the eight designated grassroots music venues in the UK for the EarthSonic Local project and thus linking Stoke-on-Trent's young people and creative community with the wider national initiative. --- Starting in July 2025, the CIC carried out engagement with young people between the ages of 18 and 30 in Stoke-on-Trent and the surrounding area with a view to recruiting local musicians, sound engineers, and creative participants and thus providing opportunities for local involvement. --- In October 2025 we started to deliver four practical and advanced workshops which gave the participants a chance to use professional sound recording equipment, learn sampling techniques and acquire skills in music production. The project enables young people from the area to write and record new music focused on climate action and local biodiversity, thus promoting their creative growth and involvement in the community. 2. Securing the Long-Term Future of The Sugarmill --- Capital and Funding Strategy: During the financial year the directors gave a great deal of attention to obtaining the funding needed for an acquisition so as to ensure that The Sugarmill remains a permanent and sustainable grassroots music venue in Stoke-on-Trent and to keep a community venue for the long-term benefit of the local area. --- After making the first application to Arts Council England, the CIC looked at the feedback and then modified its long-term bid structure so that its future applications would correspond with the major capital or project funding streams, thus improving its capacity to obtain support for the venue in the future. 3. Ecosystem and Sector Engagement --- The CIC has placed Stoke-on-Trent's local music community within a broader national network by forming active partnerships with organisations such as In Place of War and the Music Venue Trust. This network will provide support for youth development, climate awareness and cultural preservation and will extend the opportunities and assistance available to local people in the future.

Consultation with stakeholders

The main stakeholders of the company are the local emerging and already established musicians, young people between the ages of 18 and 30, the live music audiences in Stoke-on-Trent, and various strategic cultural partners such as In Place of War and the Music Venue Trust. The founders of SUGARMILL LIVE CIC have always been closely associated with the local music scene and have formulated our main aim on the basis of many years' experience in running venues at a grassroots level and in discussing with artists, promoters, and people who attend gigs about the urgent need to safeguard independent cultural spaces. In our first year of operation, our consultations involved getting together with young local musicians at the stage of recruiting for the EarthSonic project in collaboration with In Place of War. We utilised one-on-one talks, completing interest forms and making outreach calls. Through these we obtained direct feedback from the participants about their particular creative requirements. The young artists made it clear that they wanted practical, hands-on production skills and access to professional recording equipment, not just theoretical training. In response to this clear community need, the directors decided that SUGARMILL LIVE CIC will prioritise delivering similar collaborative youth and music outreach programmes in future years. Using the EarthSonic project as a model for future initiatives. Furthermore, through ongoing dialogue with local performers, audience members, and national industry bodies, we confirmed that access to 14+ live shows and affordable stage time remain the biggest barriers for emerging talent in our area. This feedback has directly shaped our long-term operating plan and strengthened our strategy for securing the capital acquisition of The Sugarmill.

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
5 June 2026

And signed on behalf of the board by:
Name: T. M. Harrison
Status: Director