TANDEM OXFORD CIC

TANDEM OXFORD CIC

TANDEM OXFORD CIC - Company Information

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TANDEM OXFORD CIC

Company limited by guarantee

Company Registration Number:
09872296 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2020

Period of accounts

Start date: 1 December 2019

End date: 30 November 2020

TANDEM OXFORD CIC

Contents of the Financial Statements

for the Period Ended 30 November 2020

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TANDEM OXFORD CIC

Balance sheet

As at 30 November 2020

Notes 2020 2019


£
£
Fixed assets
Intangible assets: 3 660 990
Total fixed assets: 660 990
Current assets
Debtors: 4 1,211
Cash at bank and in hand: 4,630 2,296
Total current assets: 4,630 3,507
Creditors: amounts falling due within one year: 5 ( 1,760 ) 0
Net current assets (liabilities): 2,870 3,507
Total assets less current liabilities: 3,530 4,497
Accruals and deferred income: ( 728 ) ( 8,029 )
Total net assets (liabilities): 2,802 (3,532)
Members' funds
Profit and loss account: 2,802 ( 3,532)
Total members' funds: 2,802 (3,532)

The notes form part of these financial statements

TANDEM OXFORD CIC

Balance sheet statements

For the year ending 30 November 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.

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 31 August 2021
and signed on behalf of the board by:

Name: Nina Brown
Status: Director

The notes form part of these financial statements

TANDEM OXFORD CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

TANDEM OXFORD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

  • 2. Employees

    2020 2019
    Average number of employees during the period 0 0

TANDEM OXFORD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 December 2019 1,650 1,650
Additions
Disposals
Revaluations
Transfers
At 30 November 2020 1,650 1,650
Amortisation
At 1 December 2019 660 660
Charge for year 330 330
On disposals
Other adjustments
At 30 November 2020 990 990
Net book value
At 30 November 2020 660 660
At 30 November 2019 990 990

TANDEM OXFORD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

4. Debtors

2020 2019
£ £
Trade debtors 1,211
Total   1,211

TANDEM OXFORD CIC

Notes to the Financial Statements

for the Period Ended 30 November 2020

5. Creditors: amounts falling due within one year note

2020 2019
£ £
Bank loans and overdrafts 1,000
Trade creditors 760
Other creditors 0
Total 1,760 0

COMMUNITY INTEREST ANNUAL REPORT

TANDEM OXFORD CIC

Company Number: 09872296 (England and Wales)

Year Ending: 30 November 2020

Company activities and impact

Tandem Collective is a not-for-profit Community Interest Company that engages and empowers new audiences to tackle environmental and social issues through music and the arts. Tandem also acts as a retail platform for small local businesses, is a space for community projects to collaborate, and is a celebration of international culture. Our projects in the 2019-2020 financial year included Tandem In Your Garden online fundraising festival, Ethno England online workshops and InTandem Publications RISE zine that gives creative voice to environmental issues.In May 2020 we organised an online festival to bring the community together at a very difficult time and raise much needed funds for our enterprise. We hosted over 150 people online.Tandem is a music festival that brings art together with talks and workshops on social and environmental issues – we recreated this online. Tandem Festival focuses on bringing people together and working ‘in tandem’ to inspire new ways of thinking about environmental and social change.Edition 3 of the RISE zine brought people together from across the UK to collaborate on the production of the zine – Not Back to Normal. This gave people a creative outlet during the pandemic and gave them hope to look forward to a better time after the pandemic where we would build back better.

Consultation with stakeholders

All major decisions are approved by the CIC's Board of Directors, which includes representatives from major stakeholders including as the local music scene, Oxford City Council and Community Action Groups (CAG) Oxfordshire.Moreover, we held a series of online consultations throughout 2020 to bring our community together to think about Tandem’s next steps and produce a new business plan.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 August 2021

And signed on behalf of the board by:
Name: Nina Brown
Status: Director