Rep•rt vf Ihe Diredors and
Unqudited Fin¢tnrlul Statements For the Year Ended 31 Muy 2024
for
Incubation Art5 ljd

InrYb￿l0Th Arts Lid
Conlents of th• FIr￿n¢la1 Slulgmenl¥
for the Year Ended 31 Moy 2024
Page
Compqny InformatÈon
R•port •t the Div¥rtprs
Income Stut¢M&nl
Bqlmnce Sheet
Statement of Ch4nge$ in Equity
Not•s t• Ihe Fin¢nci41 Statements
cha￿•¥¢d A¢¢•un￿mIs. Report
D*tuild In¢•me #nd Expenditure A¢<oun•s

Cobnparky lThfr•rmulion
foi the Yeur Ended 31 May 2¢)24
DIREcfoRS-
Ms J A Hamer
Mr J p feasdul¢
SECRETARY:
M$ J A Hvmey
REGISTERED OFFICE:
12 Haldene Road
Maccle5field
Chtthirt
SKI 1 8WE
REGISTERED NUMBER:
08053266 (England Wolesl
ACCOUNTANTS:
Harts ￿Mited
Westmln5ter House
l O WestrninsteT Road
Mo¢clesfleld
Ch?shlre
SKIO IBX
Page

Ineubthi•n Av1$ Lid
R&port of Ihe Dir6d•r$
Ihe Year Ended 31 Mdy 2024
The dlrectors presert their report wlth th• flntYtKiol sr¢JtèMents of the company for the year ended 31 Moy 2024.
Chority Incorporation Organls¢ti¢n Numb•1 - l 164275
PRINCIPAL ACTIVITY
The prineipal ottivity of the (Dmpuny in the year under revlew wcts tho* of promaiing ¢r¢otivlI y In *oY the bÈneftt ot
lo¢al commtsnities.
DIRECTORS
The direcfors shown below hav& held offitt dur5ng th¢ ¢f th* p•rlod fr¢M l J¥F)è 2023 10 thtr doi• of thi$ r*p•n.
Ms J A Hamer
Mr J P T•¥$dale
This report hos been prEp¢rvd in uccordunce wlth the provlsions of Part 15 of the Companles Ad 2006 relating to smull
companiE5.
ON BEHALF OF THE BOARD:
J-Athw(
M5 J A Humer- Dir¢¢tor
28 February 2025
Page 2

InEubgtrion Arts Lld
Inrome SIILlem&nl
for the Yellr Ended 31 M•y 2024
31.5.24
31.5.23
Notes
TURNOVER
911
672
CDSI of sul¢s
GROSS SURPLUS
815
672
Administrutive expenses
IA2
12.220
(7121
IIA481
Other operutlng ihCQrn
775
I￿00
OPERATING 5URPLUSIIDEFICITI
SURPLUSIIDEFICITI BEFOFiE YAXATION
63
1481
T¢x gn surplus/ldtfi<itl
sURPLUSIIDEFIC￿l FOR THE FINANCIAL
YEAR
63
1481
ThE tIK)le5 forrn pvrt of *he5¢ 5totemEhts
Puge 3

Incubjlion Arts Ltd (Regislered number 080532661
Bulgn¢e Sheet
31 May 2024
31.5.24
31J.23
Note5
FIXED ASS￿5
IntJn¥lblc as5et5
T¥nsible a55els
56
74
56
74
CURRENT ASSETS
Cash st bttnk
16,830
17,970
CREDITORS
Amounts falllng dve within one yectr
120,5961
21.8171
NET CURRENT LIABIUTIES
3.766
3.84
TOTAL ASSETS LESS CURRENT LIAalUTIE5
13773
RESEKVES
In¢¢me ond expenditure account
37101
3J73
Th¢ ¢•mpany is enlitled to exernptlon from oudit Under Seth¢n 477 ¢f the Componip5 Arl 20QO for the year ended
31 May 2024.
The member5 h¢7ve not required the compony to tsbraln On #udit of its finon¢lal ¥t¢i¢m¢nts for the yegr efflded
31 May 2024 ttccordonce wilh Section 476 of the Compunles Act 2QQ6.
ThÈ direttc*rs ucknowl•dge th*ii r•4ponsibililies fori
ensuring that the CODyany keEps arwurtling r*¢ords vthith £omply with S$thon$ 380 ond 387 gf th¢ Companies
Au 2006 arjd
Ibl pr?poring finoncial Statements which glve o trv¢ und fuir Yiew of the stole Df offolrs of the company os at the 2nd
of eoth fingnciol year and Qf 115 surplus Or deflcit ftrr finttncltsl ye*r IA Ott0rd￿te wlth th* requsrements of
Section5 394 and 395 and otherwise ¢omply wtth the reqvirements ol the Comp¢7lli¢5 Ad 2006 reloting to
flnantiol gtateTnents. 50 far as applicr)bl¢ to th¢ compony.
The linancsol s*otement$ htsve Prepared in accordance with the Prom￿On5 applicable lo comporsigs subj8ct ta the
small ¢vrnpanie5 r?gime.
The tlnuncial ￿￿teMentS were opprov*d by th& Board of Dlr8dors ond aLth•rls•d for Isw8 t)n 28 F¢bruury 2025 and
were signed ¢n 11$ beholf by-
M$ J A Hamér- Direckor
Th* #ote5 form part ol these finonu41 #atements
Pag? 4

In£ub4lion Art5 Lld
Stdt•mFn• of Change5 in Equily
fov th• Y•¥i ETrded 31 May 2024
Retained
•¥rnin95
Total
•quity
Bqlqn¢e atr l Jun$ 2022
13Z251
13,7251
Chunges in e4uity
Totul ¢omprehen51Ye incom*
48
1481
Bo14n¢e ol 31 May 2023
13,7731
137731
Chqnge5 in equify
To*al comprehÈTh5iYe income
63
63
Balan¢• ql 31 May 2024
13.7101
13,7101
The note5 lorrn port ol these fincmucl 5tulements
Page 5

In¢vbution Arts Ltd
Ntyt•s *• the FiTh¥ncial Stolern8nts
fov the Yeql Ended 31 Mdy 2024
STATUTORY INFORMATION
Incubatlon Art5 Lrd 15 a prlvut¢ ¢¢mpuny* Ilmitèd by guarantee, registered in Englund und Wtyles. Th# compuny's
registered rnJmb¢r #nd reqi5tered ofl*ce address b8 found ory the Company Inlormati¢n page.
ACCOUNTING POLICIES
Basis of pr¢p4rin¥ the s*al•monts
These financial st¢t¢m&rfs have been prepored in ottèrdonc2 wth FinorKifjI R¢p¢)*ting Stundard 102 'Th
FTtsanciul Reportino Stcndgrd upplicuble sn the UK and fteputslic o+ Irelund. Includ5ng the provtslons ol Sechon IA
'Sm¢ll Frtilies and the Compunie5 Act ?006. The finuncial st<*ernents huye been prepared under the historical
cosl conv2ntlon.
Tvrnover
Tvrnover is meosvr?d at the foiT voiwe of the consideration r•c•lY*d or r•calv4yble tJ*t of VAT und trocle
di5covnts.
When the ovtcome ol a tr¢JnsQcTion can be eshrnuted reliably. turn¢Yer fTOTri 5ervi¢e5 15 recognised by rEferèDce
to the stage of ¢ompl#tion al the balan¢e sheet dote.
Stctge o* completiDn is rnecsvred by rtfer•n¢• t•
fln¢lls•rfoh of work completed.
Where the out¢omo connot be Mea5ur?d r?Il¢Jbly. Ivrnover 15 recognised Dnly to the of the ?xp¢nses
recugnised that are recoveruble.
Intangible
Inlangible assets ure inltlully me•$urtsd ot ¢03t. After initiol rec¢igDilion, ittt4n9lbl• tsrts m&¥wred ut ¢ost
less atcumulat¢d gtnorti50tion and any accumulated Impulrment105se
Comput2r 5oftWLTre is belng amortised evenly over its *#lmot¢d us•ful lif* of thr¢¢ yeor
Ttyngible fixed assets
DÈprec1oliL￿ is provided gt th¢ fg11owln9 •nny41 r4r*i It) ord•r to Wr￿ off 4ss*t oYe¥ hs ¢slimated useful
Irf¢.
0ffi¢¢ #4uipTnent
25ts/o on reducin9 balance
Hire purchose and ledsiny ¢ommitmen15
kenta15 paid under operuting lÈa£tg urt thorged to surp105 or deficit On U 51raight Ilne bosi$ ¢veY the p¢rl¢d ¢f
the lett$2.
EMPLOYEÈS AND DIRECTORS
The averrye number Ot employees durlng the y¢or wu$ 212023 21-
OPERAYING SURPLUSIIDEFICITI
The operuting surplus12023 - operuFin9 deficit) is srufed afier thurging-
31ts.24
313.23
DepreutJlion- owned usset$
25
TAXATION
Anqlysi5 of ihe tax chav9e
No liobilily t¢ UK wrporolicn tax arose for the yeur ended 31 May 2024 nor for the yeor ¢nded
31 May 2023.
Page 6
¢¥ntinved...

Incubqfion Arts Lid
NolEs to FinrJn¢ittl Stttt¢m¢nl•- V•nliDved
f•r the Yeqr Ended 31 Muy 2024
INTANGIBLE FIXED A55ETS
Computer
software
COST
At l June 2023
Dd 31 May 2024
1,050
AMORTISATION
At l June 2023
¥nd 31 Moy 2024
NET BOOK VALUE
At 31 Moy 2024
At 31 IAtsy 2023
TANGIBLE FIXED ASSETS
Office
equipment
C05Y
At l Junè 2023
and 31 2024
861
DÈPkECIATION
At l Jvne 2023
Churge for yeuT
787
At 31 May 2024
805
NET BOOK VALUE
At 31 Mcy 2024
56
At 31 May 2023
74
CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31 J.24
31.5.23
Other creditors
20596
21,817
Pu9e 7

Charfewed Ac¢ovntants Report ID the Board of Dirpd•vs
on the Unoudiled FinanEial Slalemenls of
Inrubukion Art$ tsd
In order TO a$515t you to fulfil ycur duties under the Companies Act 2006. we hovè pr&pured *0Trr your upprovol the
finvnciol stotem&nt5 0+ Incubution Arts Ltd for the year ended 31 M¢y 202A whith comprise the Income StoternenF.
Bolon¢o Sheet. Statement of Changes in EqU￿Y ond the related note3 from the compuny s O£CtsLWting records and from
inforTnation ttnd explgnotiDn5 you have glven u
A5 o Prod￿Ing member Pirm ts+ thty Ih5filvFe C*f Ac¢wnrunis In En9lond tsnd Wolès IIC4EWI, wo arè wbj•¢t to
S ethical aTrd other prof￿10￿ul requirements which ore deioiled within the ICAEW'S regul￿1¢￿5 and yvidance at
http://www.Ic0eW.c(￿Ien1￿emb¢r$hlP/rtr9UI￿il0￿s-slOndards-and-gUIdan￿.
This f&port is made solely to thtr Boord of Directors of IncubotSon Art5 Ltd, as o body. in ¢wordonre with ovr *erm5 of
engagemenr. Ovr wyrk has been undertak&n solely to prepare for your upproval the financiol statements of Incubotion
Arts Lid and state those Mutters thot we h¢ve agreed to stute to the 8tsurd of Dlrettrors of Incubotion Arts Ltd, tts a bodyi
in this report in oceord¥n¥¢ With ICAEW Technlcul Rele¢se 07/1 6AAF. To th& fi￿18%1 extent permit*&d by law, We dD not
accept or assume responsibility tc gnypn¢ oth*r thun Incubation Arts Ltd and its Board of Dirertors, as o body. f¢r our
work CT for thls r*p<*rt.
It Is your dvty to ensure that Incubijtlon Arts Ltd h(t5 kept adequate accounting Teccrd5 and to prep¢Tre 5falUFory fin¢nool
51otement5 give o triie and fair view of the assets, Ilobllitle5, Ilnondol po51tloh Pioflt of Incubatlon Arts Ltd. You
$ider that Incubatlon Arts Ltd is exempi from the statutory avdit requirement for the year.
W& hove nct been Instructed to corry out an audlt or o review ot the tinanciul stoternent5 of IrKubation Arts Ltd. For thls
re05gn. we huve not verified the uccurucy of campl¢*ene55 Ot the oc<ovnting records QT informotion ond explonolign5
you ha¥¢ 9iv•n Io J5 ond we do not. Ihefelofe, expre55 opinion the slatulory finanrial 51aternent
Horts ￿mited
Weslrnin￿er Hou$e
l O Westminster Rood
Mocclesfitrld
Cheshir&
SKIO I&X
28 Febr￿Ory 2025
Thi5 poge does not lorrn port of lhe S￿l￿ory fin•nclo1 #•i¢m*rtts
P¢g* 8

lTheubalion Arfs Lid
Intub￿[￿￿ Arts Limiled
Deltyiled Incorn& ¥Dd Expenditure Aceount
far the Y•41 Ended 31 May 2024
31.5.24
31.5.23
Sales
119
Cost af sqle5
Artist fe¢$ paid
90
GROSS SURPLUS
23
Olher in¢om*
Sundry receipts
T7S
1,500
798
Expendilvr•
Rent
Prfnting¥ POStel9e and 5tutlonery
Computer C05t5
Sundry expenses
Account¢n¢y
782
609
37
52
297
302
82
716
1.523
82
1231
Depreriulion
Office equiprnent
25
NET SURPLU5IIDEFICITI
63
Th1$ ptjse does not forni part of the 5t0tytory fin(Jncityl 5totrEments
Page 9

Incubttiion Arts Lid
Incuba+iOft Arts LiMil•d- CIO
Detailed Inrome ond Expendilvve Accounl
for the Year End•d 31 May 2024
31.5.24
31 ts.23
Turnover
Donations
792
072
Expenditupe
cro1￿ancY
720
600
72
72
Finance ¢od$
Fank tharges
72
72
NET SURPLU5
This puge does nr>t fomb p¢rt of ihe 5tutufory fin0￿1￿1 5fotement5
Pog¢lO