CULTURAL CREATIVES COMMUNITY INTEREST COMPANY


CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12375456 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 1 January 2021

End date: 31 December 2021

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2021

Notes 2021 2020


£

£
Fixed assets
Tangible assets: 3 1,079 1,734
Total fixed assets: 1,079 1,734
Current assets
Stocks: 4 120 200
Debtors: 5 638
Cash at bank and in hand: 919 6,018
Total current assets: 1,677 6,218
Creditors: amounts falling due within one year: 6 ( 620 ) ( 6,418 )
Net current assets (liabilities): 1,057 (200)
Total assets less current liabilities: 2,136 1,534
Total net assets (liabilities): 2,136 1,534
Members' funds
Profit and loss account: 2,136 1,534
Total members' funds: 2,136 1,534

The notes form part of these financial statements

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 2021 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 5 August 2022
and signed on behalf of the board by:

Name: Michelle Day
Status: Director

The notes form part of these financial statements

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 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

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 3 3

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2021 1,965 1,965
Additions
Disposals
Revaluations
Transfers
At 31 December 2021 1,965 1,965
Depreciation
At 1 January 2021 231 231
Charge for year 655 655
On disposals
Other adjustments
At 31 December 2021 886 886
Net book value
At 31 December 2021 1,079 1,079
At 31 December 2020 1,734 1,734

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Stocks

2021 2020
£ £
Stocks 120 200
Total 120 200

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

5. Debtors

2021 2020
£ £
Other debtors 638
Total 638

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Creditors: amounts falling due within one year note

2021 2020
£ £
Taxation and social security 244
Accruals and deferred income 91 6,418
Other creditors 285
Total 620 6,418

COMMUNITY INTEREST ANNUAL REPORT

CULTURAL CREATIVES COMMUNITY INTEREST COMPANY

Company Number: 12375456 (England and Wales)

Year Ending: 31 December 2021

Company activities and impact

The company’s activities provide creative art and textile activities in the North East, with a focus on positive and rewarding experiences, including improved health and wellbeing, reducing social isolation, confidence and employability or life skills. This is contiguous with supporting creative achievements and challenging long held beliefs to turn negative past experiences into positive. Positive practices and achievements in regular supported group creative activities can often impact more widely across a participant's future life. We support our communities by providing resources for use during, and after projects. We keep in touch with participants in person, by telephone or using moderated private social media groups, which are moderated by experienced volunteers. These groups facilitate sharing and mutual support, which is crucial to ensuring a positive experience over the longer term. Successfully awarded a Sunderland City Council contract to start end of August 2021, a 2 year contract across 3 ward areas within Sunderland. Having been successful at delivering a 10-week beginner course and have therefore been awarded a progression course, based on feedback from existing learners. This has now been approved and is currently being delivered.ESF (LA6) with Gateshead Council - completion with a high success rate for 2020 we applied and gained a new funding contract for Round 1 in South Tyneside and Sunderland. We were successful with Round 1 and received a further contract for Round 2 in August 2021.Project achievements includes a positive social impact by in person delivery, social media communications and recorded IAG.Our reviews from participants speak for themselves and clearly demonstrate a major impact in their mental health and wellbeing having engaged in our projects, learnt new skills, met new friends, gained confidence and improved self-esteem.

Consultation with stakeholders

The company’s stakeholders are our venues as well as North East residents, for this particular year Sunderland and South Tyneside, who wished to explore their creativity and improve skills and mental health in a positive group environment. It also includes local suppliers, volunteers, project participants and the community that has engaged with us via social media and digital channels. This year we have provided high quality classroom learning opportunities, which resulted in increased confidence to try, then sustain activities and explore and maintain new social contacts. It has also resulted in a change in our curriculum offering a progression course to those who have completed the beginner course with us.We conducted research among our project participants to identify future types of projects they would be keen for us to provide. The feedback has led us to increase our focus on encouraging sustainable practices with upcycling, recycling, repurposing, saving waste textiles from landfill, seeking out slow fashion and promulgating longevity of use of resources.We have established positive community relationships with other stakeholders enhancing our offer to other venues and volunteering our own time and resources to support these venues, for example Grindon Community Church Project. This has resulted in being invited to participate and contribute to their user group forum, helping to raise awareness of our organisation and what we have to offer. Another new venue, The Forage Community Project in Washington have invited us to assist with writing funding applications and procuring new activities to be offered within the centre. One of the participants from this particular venue has set up a ‘cottage industry’ based on the skills we have taught her to support the venue in raising funds.Building Blocks Day Centre in Washington is a new stakeholder we are using to offer our Sunderland contract, they have raised our profile by supporting us, promoting us and inviting us to offer other courses.

Directors' remuneration

Directors' salaries 11,793

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 August 2022

And signed on behalf of the board by:
Name: Michelle Day
Status: Director