SPACE TO DREAM GALLERY CIC

Company limited by guarantee

Company Registration Number:
16285895 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 3 March 2025

End date: 31 March 2026

SPACE TO DREAM GALLERY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

SPACE TO DREAM GALLERY CIC

Balance sheet

As at 31 March 2026

Notes 13 months to 31 March 2026


£
Fixed assets
Tangible assets: 3 683
Total fixed assets: 683
Current assets
Debtors: 4 3,768
Cash at bank and in hand: 29,120
Total current assets: 32,888
Creditors: amounts falling due within one year: 5 ( 30,048 )
Net current assets (liabilities): 2,840
Total assets less current liabilities: 3,523
Total net assets (liabilities): 3,523
Members' funds
Profit and loss account: 3,523
Total members' funds: 3,523

The notes form part of these financial statements

SPACE TO DREAM GALLERY CIC

Balance sheet statements

For the year ending 31 March 2026 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 6 September 2026
and signed on behalf of the board by:

Name: Francesca Alessandra Forcolini
Status: Director

The notes form part of these financial statements

SPACE TO DREAM GALLERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 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 comprises the invoiced value of goods and services supplied by the company plus grants received, net of Value Added Tax (where VAT registered) and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and Fittings 25% Reducing Balance

SPACE TO DREAM GALLERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    13 months to 31 March 2026
    Average number of employees during the period 0

SPACE TO DREAM GALLERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 806 806
Disposals
Revaluations
Transfers
At 31 March 2026 806 806
Depreciation
Charge for year 123 123
On disposals
Other adjustments
At 31 March 2026 123 123
Net book value
At 31 March 2026 683 683

SPACE TO DREAM GALLERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Debtors

13 months to 31 March 2026
£
Other debtors 3,768
Total 3,768

SPACE TO DREAM GALLERY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due within one year note

13 months to 31 March 2026
£
Taxation and social security 666
Accruals and deferred income 29,382
Total 30,048

COMMUNITY INTEREST ANNUAL REPORT

SPACE TO DREAM GALLERY CIC

Company Number: 16285895 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

Our organisation is the UK's first dedicated children's art gallery, based in Brixton Market, providing children with a permanent space to explore,create and experience art in a welcoming and inclusive environment. Our activities are designed to increase access to creative opportunities for children, particularly those who face financial, social or educational barriers to participating in arts and cultural activities. We run a programme of workshops,holiday activities,artist-led projects,exhibitions and creative events,encouraging children to experiment, develop their imagination and creative confidence,and express their individual ideas. A key part of our community benefit is our provision of free art classes and free outreach projects. We work with local schools to bring high-quality, hands on art experiences directly into educational settings,providing children with opportunities that schools may otherwise be unable to afford. We also provide free or subsidised opportunities within the gallery classes so that participation is not dependant on a family's ability to pay. Our aim being that children from the local community can access meaningful cultural and creative experiences and feel that there is a place where their ideas and creativity are valued and celebrated. Our presence within Brixton Market also contributes to the wider local community and economy. By bringing children, parents, carers,schools and visitors into the market for exhibitions,workshops and creative activities, we increase footfall and encourage families to spend time within the market and its surrounding businesses. This helps to create a more vibrant and welcoming environment supporting the wider ecosystem of local traders and businesses. Ultimately, our aim is to create lasting social and cultural value by providing children with access to creativity and culture, strengthen connections between schools, families, and the local community, and contribute positively to the vitality of Brixton as a place to visit, work and live.

Consultation with stakeholders

Our key stakeholders are the children who participate in our programmes, their parents and carers, local schools and teachers, artists and creative practitioners, and the wider Brixton community and local businesses. We consult with our stakeholder through informal feedback and ongoing conversations with children, parents, carers, teachers and artists. Feedback is gathered during and following workshops and outreach projects, through conversations with participating schools and families, and through observations of children's engagement and response to activities. Feedback is recorded in forms and, where agreed to via recorded interviews. We use this feedback to shape our programme, including the workshops and projects we offer, the needs of participating children and schools, and how we can make our activities more accessible and relevant to our local community. This process is particularly rigorous as we need to be able to provide substantial documentation to the Arts Council for continued funding.

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
6 September 2026

And signed on behalf of the board by:
Name: Francesca Alessandra Forcolini
Status: Director