METHOD IN MUSIC CIC

METHOD IN MUSIC CIC

METHOD IN MUSIC CIC - Company Information

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METHOD IN MUSIC CIC

Company limited by guarantee

Company Registration Number:
12157096 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2020

Period of accounts

Start date: 15 August 2019

End date: 31 August 2020

METHOD IN MUSIC CIC

Contents of the Financial Statements

for the Period Ended 31 August 2020

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

METHOD IN MUSIC CIC

Profit And Loss Account

for the Period Ended 31 August 2020

13 months to 31 August 2020


£
Turnover: 10,000
Gross profit(or loss): 10,000
Administrative expenses: ( 10,194 )
Operating profit(or loss): (194)
Profit(or loss) before tax: (194)
Profit(or loss) for the financial year: (194)

METHOD IN MUSIC CIC

Balance sheet

As at 31 August 2020

Notes 13 months to 31 August 2020


£
Current assets
Cash at bank and in hand: 1
Total current assets: 1
Creditors: amounts falling due within one year: 3 ( 195 )
Net current assets (liabilities): (194)
Total assets less current liabilities: (194)
Total net assets (liabilities): (194)
Members' funds
Profit and loss account: (194)
Total members' funds: ( 194)

The notes form part of these financial statements

METHOD IN MUSIC CIC

Balance sheet statements

For the year ending 31 August 2020 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.

This report was approved by the board of directors on 14 May 2021
and signed on behalf of the board by:

Name: Ebony Ann Clay
Status: Director

The notes form part of these financial statements

METHOD IN MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 August 2020

  • 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

METHOD IN MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 August 2020

  • 2. Employees

    13 months to 31 August 2020
    Average number of employees during the period 0

METHOD IN MUSIC CIC

Notes to the Financial Statements

for the Period Ended 31 August 2020

3. Creditors: amounts falling due within one year note

13 months to 31 August 2020
£
Other creditors 195
Total 195

COMMUNITY INTEREST ANNUAL REPORT

METHOD IN MUSIC CIC

Company Number: 12157096 (England and Wales)

Year Ending: 31 August 2020

Company activities and impact

Throughout this period, Method in Music began to deliver the activities generated by a small Lottery grant.The grant was to help vulnerable people to become actively involved in musical performance.The grant covered all necessary expenditure including purchase of equipment and payment of staff.The expenditure followed exactly the budget agreed with the National Lottery

Consultation with stakeholders

Throughout the lottery project, the stakeholders, vulnerable groups of people and their carers/teachers have been actively involved in all activities

Directors' remuneration

Ebony Ann Clay - £4,250 (Project Work)

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
14 May 2021

And signed on behalf of the board by:
Name: Ebony Ann Clay
Status: Director