for the Period Ended 31 December 2025
| Directors report | |
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 December 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
16 December 2024
to
31 December 2025
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
| 13 months to 31 December 2025 | ||
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£ |
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| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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| Profit(or loss) before tax: |
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| Tax: |
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| Profit(or loss) for the financial year: |
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As at
| Notes | 13 months to 31 December 2025 | ||
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| Fixed assets | |||
| Intangible assets: |
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| Tangible assets: |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: | 3 |
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| Cash at bank and in hand: |
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| Investments: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 4 |
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| Net current assets (liabilities): |
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| Total assets less current liabilities: |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
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| Members' funds | |||
| Profit and loss account: |
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| Total members' 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
| 13 months to 31 December 2025 | ||
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| Average number of employees during the period |
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for the Period Ended 31 December 2025
| 13 months to 31 December 2025 | ||
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| £ | ||
| Trade debtors |
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| Prepayments and accrued income |
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| Other debtors |
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| Total |
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| Debtors due after more than one year: |
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for the Period Ended 31 December 2025
| 13 months to 31 December 2025 | ||
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| £ | ||
| Bank loans and overdrafts |
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| Amounts due under finance leases and hire purchase contracts |
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| Trade creditors |
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| Taxation and social security |
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| Accruals and deferred income |
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| Other creditors |
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| Total |
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Portsmouth Cultural Education Partnership (PCEP) became a Community Interest Company in December 2024, formalising a partnership of cultural and heritage organisations, schools and freelance creative practitioners. Its purpose is to improve access to high-quality arts and cultural experiences for children and young people in Portsmouth. PCEP's main focus during the financial year was 'Under One Banner', a funded project bringing together three hubs, each comprising a lead secondary school and a lead cultural organisation, to develop and deliver creative opportunities for children and young people. The project is built around the needs of the participating schools, strengthens connections between education and the city's cultural sector, and gives young people opportunities to engage directly with creative practitioners and cultural organisations. During the financial year, PCEP secured funding for the project and established the partnerships and programmes with the participating schools and cultural organisations. Initial delivery in schools began towards the end of the year, providing children and young people with direct opportunities to work alongside creative practitioners. The project was still at an early stage at 31 December 2025, so delivery within the financial year was limited. The wider programme continues beyond the reporting period through to March 2027. PCEP is committed to ensuring that every young person in the city has the opportunity to engage with high-quality cultural experiences, regardless of their background.
PCEP consulted its stakeholders throughout the year, including local arts and cultural organisations, schools, teachers and creative practitioners. Consultation took place through partner meetings, regular communication and one-to-one discussions, and the feedback received shaped both project design and funding bids. This collaborative approach keeps the company's work grounded in the needs of schools, young people and the wider community, and directs it towards greater opportunity for children and young people in Portsmouth to experience and take part in arts and culture.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 September 2026
And signed on behalf of the board by:
Name: Helen Richardson
Status: Director