CROWN BUILDING STUDIOS CIC

Company limited by guarantee

Company Registration Number:
10349707 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2025

Period of accounts

Start date: 1 September 2024

End date: 31 August 2025

CROWN BUILDING STUDIOS CIC

Contents of the Financial Statements

for the Period Ended 31 August 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CROWN BUILDING STUDIOS CIC

Balance sheet

As at 31 August 2025

Notes 2025 2024


£
£
Fixed assets
Tangible assets: 3 5 5
Total fixed assets: 5 5
Current assets
Debtors: 4 144 844
Cash at bank and in hand: 1,299 212
Total current assets: 1,443 1,056
Creditors: amounts falling due within one year: 5 ( 1,254 ) ( 894 )
Net current assets (liabilities): 189 162
Total assets less current liabilities: 194 167
Total net assets (liabilities): 194 167
Members' funds
Profit and loss account: 194 167
Total members' funds: 194 167

The notes form part of these financial statements

CROWN BUILDING STUDIOS CIC

Balance sheet statements

For the year ending 31 August 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 August 2026
and signed on behalf of the board by:

Name: Liam Peacock
Status: Director

The notes form part of these financial statements

CROWN BUILDING STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. 25% straight line

    Other accounting policies

    Policy For Preparation Of Accounts The directors believe that the company is experiencing good levels of income, and that it is well placed to manage its business risks successfully. Accordingly they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements. Revenue Recognition Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.

CROWN BUILDING STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

    The company had no employees during the period. The directors received no remuneration for their services.

CROWN BUILDING STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 September 2024 1,568 1,568
Additions
Disposals
Revaluations
Transfers
At 31 August 2025 1,568 1,568
Depreciation
At 1 September 2024 1,563 1,563
Charge for year
On disposals
Other adjustments
At 31 August 2025 1,563 1,563
Net book value
At 31 August 2025 5 5
At 31 August 2024 5 5

CROWN BUILDING STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

4. Debtors

2025 2024
£ £
Trade debtors 144 844
Total 144 844

CROWN BUILDING STUDIOS CIC

Notes to the Financial Statements

for the Period Ended 31 August 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 195 195
Accruals and deferred income 1,059 699
Total 1,254 894

COMMUNITY INTEREST ANNUAL REPORT

CROWN BUILDING STUDIOS CIC

Company Number: 10349707 (England and Wales)

Year Ending: 31 August 2025

Company activities and impact

Crown Building Studios CIC has continued to offer affordable studios to local artists with additional hirable studio space. This has been a part of our continued support for local artists as we further develop our community of artists. This year we continued to expand our studio offer by our reconfigured premises. Crown Building Studios CIC has also continued with its gallery programme by putting on regular shows with artists from around the UK. This has continued to establish new relationships between exhibiting artists and Liverpool based artists who attend the shows. The gallery has also functioned as a space where people from the local area can do photo shoots and hold workshops.

Consultation with stakeholders

We continue to consult widely within the artist community and with the agencies and interested parties with whom we work forging co-operation, collaboration and developing new creative opportunities.

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
29 August 2026

And signed on behalf of the board by:
Name: Liam Peacock
Status: Director