for the Period Ended 30 June 2026
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2026 | ||
|---|---|---|
|
|
£ |
|
| Turnover: |
|
|
| Cost of sales: |
|
|
| Gross profit(or loss): |
|
|
| Distribution costs: |
|
|
| Administrative expenses: |
(
|
|
| Operating profit(or loss): |
( |
|
| Interest receivable and similar income: |
|
|
| Interest payable and similar charges: |
|
|
| Profit(or loss) before tax: |
( |
|
| Tax: |
|
|
| Profit(or loss) for the financial year: |
( |
As at
| Notes | 2026 | ||
|---|---|---|---|
|
|
£ |
||
| Called up share capital not paid: |
|
||
| Fixed assets | |||
| Intangible assets: |
|
||
| Tangible assets: |
|
||
| Investments: |
|
||
| Total fixed assets: |
|
||
| Current assets | |||
| Stocks: |
|
||
| Debtors: |
|
||
| Cash at bank and in hand: |
|
||
| Investments: |
|
||
| Total current assets: |
|
||
| Prepayments and accrued income: |
|
||
| Creditors: amounts falling due within one year: | 3 |
(
|
|
| Net current assets (liabilities): |
( |
||
| Total assets less current liabilities: |
( |
||
| Creditors: amounts falling due after more than one year: |
|
||
| Provision for liabilities: |
|
||
| Accruals and deferred income: |
|
||
| Total net assets (liabilities): |
( |
||
| Capital and reserves | |||
| Called up share capital: |
|
||
| Profit and loss account: |
( |
||
| Total Shareholders' 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 30 June 2026
Basis of measurement and preparation
for the Period Ended 30 June 2026
| 2026 | ||
|---|---|---|
| Average number of employees during the period |
|
for the Period Ended 30 June 2026
| 2026 | ||
|---|---|---|
| £ | ||
| Bank loans and overdrafts |
|
|
| Amounts due under finance leases and hire purchase contracts |
|
|
| Trade creditors |
|
|
| Taxation and social security |
|
|
| Accruals and deferred income |
|
|
| Other creditors |
|
|
| Total |
|
During this accounting period, VISUAL K PRODUCTIONS CIC was in its initial establishment and developmental phase. Key activities focused on setting up organisational infrastructure, identifying community needs, and applying for grant funding to launch our primary initiatives. We conducted preliminary consultations with potential beneficiaries and local stakeholders to refine our proposed services. These foundational activities ensure the CIC is fully prepared to deliver direct benefit to the wider community in Aberdeen and beyond in the upcoming financial period.
Our Stakeholders: Our primary stakeholders include local artists local community partner organisations, and potential grant funders. How We Consulted Them: During this initial setup period, we engaged with stakeholders through informal discussions / needs-assessment surveys / direct meetings with community leaders to evaluate local demand and identify key gaps in existing support services. Action Taken in Response: Based on stakeholder feedback emphasising a strong demand for accessible workshops, practical experience and a virtual production suite, we tailored our initial grant applications and project designs to directly focus on these prioritised needs for our upcoming launch phase. Artists help shape the platform. Through consultations, feedback, and collaborative project design, participants influence the content, workflow, and outputs of their projects. This approach ensures our work reflects the real needs, ambitions, and creative visions of the community. Participation is really open to everyone, regardless of financial circumstances. Through modern tools like Teams or Zoom, mentoring sessions and workshops can be accessed locally or internationally, ensuring that anyone with the desire to learn can gain in-depth knowledge and practical skills beyond what a standard curriculum offers across the globe. At VISUAL K PRODUCTIONS, if you are willing to learn, our door is always open.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
18 August 2026
And signed on behalf of the board by:
Name: Suraj Makin
Status: Director