AUCTION HOUSE REDRUTH CIC

Company limited by guarantee

Company Registration Number:
15519523 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2026

Period of accounts

Start date: 1 March 2025

End date: 28 February 2026

AUCTION HOUSE REDRUTH CIC

Contents of the Financial Statements

for the Period Ended 28 February 2026

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

AUCTION HOUSE REDRUTH CIC

Balance sheet

As at 28 February 2026

Notes 2026 2025


£

£
Current assets
Cash at bank and in hand: 15,025 6,922
Total current assets: 15,025 6,922
Creditors: amounts falling due within one year: 3 ( 15,025 ) ( 6,922 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

AUCTION HOUSE REDRUTH CIC

Balance sheet statements

For the year ending 28 February 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 28 October 2026
and signed on behalf of the board by:

Name: Liam Joseph Jolly
Status: Director

The notes form part of these financial statements

AUCTION HOUSE REDRUTH CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

AUCTION HOUSE REDRUTH CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 0 0

AUCTION HOUSE REDRUTH CIC

Notes to the Financial Statements

for the Period Ended 28 February 2026

3. Creditors: amounts falling due within one year note

2026 2025
£ £
Accruals and deferred income 15,025 6,922
Total 15,025 6,922

COMMUNITY INTEREST ANNUAL REPORT

AUCTION HOUSE REDRUTH CIC

Company Number: 15519523 (England and Wales)

Year Ending: 28 February 2026

Company activities and impact

Auction House, is an artist-led contemporary art project space based at The Buttermarket, Redruth. Established in 2018, it provides a platform for local, emerging, national and international artists to showcase their work, experiment with new ideas and engage with the public through exhibitions, residencies, performances, screenings and cultural events. The organisation has a positive impact on the local community by increasing access to contemporary art and creative activities, supporting artists in developing their careers, and encouraging community participation. It contributes to the regeneration of Redruth town centre by bringing visitors to The Buttermarket, supporting the local creative economy and helping to establish the area as a destination for arts and culture. As a community-focused organisation, Auction House promotes creativity, collaboration and cultural diversity while creating opportunities for people to experience and engage with contemporary art.

Consultation with stakeholders

Auction House's stakeholders include artists and creatives, visitors and the local community in Redruth, volunteers, funders, partner organisations and other relevant local businesses. Consultation takes place through informal conversations and ongoing dialogue with artists, visitors and collaborators in connection with exhibitions, residencies, events and other creative projects. Feedback may also be received through email, social media and discussions with project partners. Feedback from stakeholders helps Auction House understand the needs and interests of artists and audiences and informs the development of its exhibitions, events and future activities. The organisation aims to provide an accessible and welcoming platform for contemporary art, support creative development and strengthen connections between artists and the local community. Where appropriate, feedback is considered when planning future activities and developing partnerships. Consultation is proportionate to the scale and artist-led nature of the organisation, and not all feedback is collected through formal surveys or recorded consultation exercises.

Directors' remuneration

The director received remuneration of £3,910 for work undertaken as part of an Arts Council-funded project. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
28 October 2026

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