POET'S PALACE CIC

Company limited by guarantee

Company Registration Number:
15277633 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2025

Period of accounts

Start date: 1 December 2024

End date: 30 November 2025

POET'S PALACE CIC

Contents of the Financial Statements

for the Period Ended 30 November 2025

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

POET'S PALACE CIC

Directors' report period ended 30 November 2025

The directors present their report with the financial statements of the company for the period ended 30 November 2025

Principal activities of the company

Principal Activities The principal activity of the company during the period was the delivery of community-focused creative arts and literary initiatives as a Community Interest Company (CIC). Specifically, Poet's Palace CIC engaged in: Event Curation & Production: Organizing, managing, and hosting live poetry, spoken word showcases, and open mic platforms designed to elevate local and underrepresented creative voices. Community & Youth Workshops: Facilitating educational writing workshops, performance masterclasses, and skill-building sessions within local community spaces and educational institutions. Artist Development & Collaboration: Providing platforms, micro-grants, or professional exposure for emerging writers, spoken word artists, and interdisciplinary performers. Social & Cultural Inclusion: Fostering community cohesion by creating accessible, low-cost or free cultural events that connect diverse demographics through storytelling and the spoken word. All activities during the financial year were carried out in accordance with the company’s stated social objects and to satisfy the Community Interest Test, ensuring that all surplus generated was reinvested into expanding creative opportunities for the community.

Political and charitable donations

Political and Charitable Donations The company made no political or charitable donations during the financial year ended 30 November 2025 (2024: £Nil).

Company policy on disabled employees

Disabled Employees The company had no direct employees during the financial year and engages operational support exclusively through self-employed freelancers and contractors (2024: £Nil). Consequently, the company has no formal employee policy regarding the employment, training, or career development of disabled persons. Poet's Palace CIC remains committed to equality, diversity, and accessibility across all its community initiatives, engaging freelancers and creative collaborators without discrimination.

Additional information

Post Balance Sheet Events There were no significant events occurring after the balance sheet date (30 November 2025) that would materially affect the financial position of the company or require disclosure in these financial statements. Dividends As a Community Interest Company limited by guarantee, the company does not have share capital and pays no dividends. All surpluses generated during the financial year are retained and reinvested to support the company’s community objectives. Small Company Provisions This report has been prepared in accordance with the special provisions relating to small companies subject to the micro-entities regime under Part 15 of the Companies Act 2006.



Directors

The director shown below has held office during the whole of the period from
1 December 2024 to 30 November 2025

Casey Breeden


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 August 2026

And signed on behalf of the board by:
Name: Casey Breeden
Status: Director

POET'S PALACE CIC

Profit And Loss Account

for the Period Ended 30 November 2025

2025 13 months to 30 November 2024


£

£
Turnover: 11,647 3,865
Cost of sales: 0 0
Gross profit(or loss): 11,647 3,865
Distribution costs: ( 10,745 ) ( 3,510 )
Administrative expenses: ( 945 ) ( 325 )
Operating profit(or loss): (43) 30
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (43) 30
Tax: 0 0
Profit(or loss) for the financial year: (43) 30

POET'S PALACE CIC

Balance sheet

As at 30 November 2025

Notes 2025 13 months to 30 November 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 0 0
Investments:   0 0
Total current assets: 0 0
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 43 ) 0
Net current assets (liabilities): (43) 0
Total assets less current liabilities: (43) 0
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (43) 0
Members' funds
Profit and loss account: (43) 0
Total members' funds: ( 43) 0

The notes form part of these financial statements

POET'S PALACE 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 26 August 2026
and signed on behalf of the board by:

Name: Casey Breeden
Status: Director

The notes form part of these financial statements

POET'S PALACE 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

POET'S PALACE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

  • 2. Employees

    2025 13 months to 30 November 2024
    Average number of employees during the period 0 0

POET'S PALACE CIC

Notes to the Financial Statements

for the Period Ended 30 November 2025

3. Creditors: amounts falling due within one year note

2025 13 months to 30 November 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 43 0
Total 43 0

COMMUNITY INTEREST ANNUAL REPORT

POET'S PALACE CIC

Company Number: 15277633 (England and Wales)

Year Ending: 30 November 2025

Company activities and impact

During the financial year, Poets Palace benefited the community by providing opportunities for people to engage with poetry, literature and creative activities. The company supported community participation, encouraged creative expression and helped make cultural and artistic activities accessible to people within the community. Through its activities, Poets Palace provided a platform for people to develop their confidence, creativity and skills, while creating opportunities for connection, participation and shared cultural experiences. The company's work continued to contribute to the social and cultural wellbeing of the community.

Consultation with stakeholders

Here is a streamlined, realistic draft formatted specifically for Section 2 of your CIC34 report or your annual internal director notes: Stakeholder Consultations Who was consulted: Event attendees, local poets/artists, workshop participants, and venue partners. How feedback was gathered: Brief post-event feedback forms, informal exit chats after live showcases, and direct check-ins with venue hosts. Key feedback received: High demand for regular, accessible open mic slots and affordable creative writing workshops. Requests for better promotion of upcoming events across social media. Positive response to inclusive spaces for emerging writers. Team & Board Meetings Frequency: Monthly operational check-ins and quarterly director meetings. Key topics covered: Financials: Tracked ticket sales, workshop revenue, and grant funding against venue hire costs, artist fees, and equipment expenses. Governance: Confirmed ongoing compliance with the Community Interest Test and ensured all surplus funds were reinvested into community programming. Planning: Reviewed event attendance numbers, scheduled upcoming showcases, and managed volunteer/staff roles.

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
26 August 2026

And signed on behalf of the board by:
Name: Casey Arthur Breeden
Status: Director