for the Period Ended 31 December 2025
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2025 | 2024 | |
|---|---|---|
|
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£ |
£ |
| Turnover: |
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|
| Cost of sales: |
(
|
(
|
| Gross profit(or loss): |
( |
|
| Administrative expenses: |
(
|
(
|
| Operating profit(or loss): |
( |
|
| Profit(or loss) before tax: |
( |
|
| Tax: |
(
|
|
| Profit(or loss) for the financial year: |
( |
|
As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Called up share capital not paid: |
|
||
| Fixed assets | |||
| Tangible assets: | 3 |
|
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| Total fixed assets: |
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| Current assets | |||
| Debtors: | 4 |
|
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| Cash at bank and in hand: |
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| Total current assets: |
|
|
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| Net current assets (liabilities): |
|
|
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| Total assets less current liabilities: |
|
|
|
| Creditors: amounts falling due after more than one year: | 5 |
(
|
|
| Accruals and deferred income: |
(
|
(
|
|
| Total net assets (liabilities): |
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| Capital and reserves | |||
| Called up share capital: |
|
|
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| Profit and loss account: |
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| Total Shareholders' funds: |
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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 31 December 2025
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 December 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 January 2025 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 31 December 2025 |
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| Depreciation | ||||||
| At 1 January 2025 | ||||||
| Charge for year | ||||||
| On disposals | ||||||
| Other adjustments | ||||||
| At 31 December 2025 | ||||||
| Net book value | ||||||
| At 31 December 2025 |
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||||
| At 31 December 2024 |
|
|
for the Period Ended 31 December 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
|
| Total |
|
for the Period Ended 31 December 2025
| 2024 | ||
|---|---|---|
| £ | ||
| Bank loans and overdrafts |
|
|
| Total |
|
During the financial year, specifically over the August Bank Holiday weekend, the company delivered the Cornwall Folk Festival and associated music activities, providing cultural, social and economic benefits to the local community. Our events supported local musicians, volunteers and small businesses, encouraged participation in the arts, and contributed to the vibrancy of Wadebridge and the surrounding area. We also worked with community partners to make music accessible to a wide range of residents, strengthening local engagement and supporting the town’s cultural calendar.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
1 September 2026
And signed on behalf of the board by:
Name: Adrian Jones
Status: Director