for the Period Ended 31 January 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 January 2023
Principal activities of the company
Political and charitable donations
Company policy on disabled employees
Additional information
The company is covered by Public Liability Insurance. This aim of the group is unity through expression of faith, culture, tradition, and most importantly their loving devotion to Our Lady of Penafrancia, the “Queen Patroness of Bicolandia”, and El Divino Rostro De Jesus” by Organizing religious activities such as group prayers, meetings, and the annual festivity celebrations of Our Lady of Penafrancia and Divino Rostro de Jesus which is also celebrated worldwide. This includes the Fluvial Procession at the River Thames in London and its Annual Mass Celebration at Our Lady of Mount Carmel and St Simon Stock Church in London. Organising and supporting community fundraising events to help members of the community who are disadvantaged, less fortunate while building good relationships, camaraderie, friendships and expanding networks and engagements. Organizing health and wellness activities such as sports, dancing, and other fitness programme to promote health and wellbeing, unity, friendship, camaraderie, and good working & healthy relationships amongst members of community. Organizing social and cultural activities to promote social inclusion, solidarity, and good relationships amongst members of the Bicol community who are away from home and families. Organizing educational & community development activities such as workshops, and webinars to enhance continued personal & professional development, and to promote learning for pleasure to members of the community who are retired or no longer in full time employment. Providing membership programme to encourage more memberships from the six provinces of the Bicol Region with the aim of strengthen the Company’s profile, its productivity and performance while promoting solidarity, networking power and close working relationship amongst the Bicol Community, its members, and families. Coordinating with Government Agencies such as POLO/OWWA (Philippine Overseas Labour Office/Overseas Workers Welfare Administration) of the Philippine Embassy in London and other agencies to provide opportunities for members of the community to participate available livelihood, technical and skills training for self-development and readiness when returning to their homeland for good or as hobby or recreational activities after work and during their free times.
Directors
The directors shown below have held office during the whole of the period from
1 February 2022 to 31 January 2023
Secretary
The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006
This report was approved by the board of directors on
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2023 | 2022 | |
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| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | ( |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Total net assets (liabilities): | | ||
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 January 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Intangible fixed assets amortisation policy
Valuation information and policy
Other accounting policies
for the Period Ended 31 January 2023
2023 | 2022 | |
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Average number of employees during the period | | |
for the Period Ended 31 January 2023
Provide a voluntary public and charity service to its members, the Bicolanos, their families, beneficiaries, devotees, friends, supporters, and the disadvantaged who are living, and working in the U. K. The aim of the group is unity through expression of faith, culture, tradition, and most importantly their loving devotion to Our Lady of Penafrancia, the “Queen Patroness of Bicolandia”, and El Divino Rostro De Jesus” by Organizing religious activities such as group prayers, meetings, and the annual festivity celebrations of Our Lady of Penafrancia and Divino Rostro de Jesus which is also celebrated worldwide. This includes the Fluvial Procession at the River Thames in London and its Annual Mass Celebration at Our Lady of Mount Carmel and St Simon Stock Church in London. Organising and supporting community fundraising events to help members of the community who are disadvantaged, less fortunate while building good relationships, camaraderie, friendships and expanding networks and engagements. Organizing health and wellness, social and cultural activities to promote social inclusion, solidarity, to promote health and wellbeing, unity, friendship, camaraderie, and good working & healthy relationships amongst members of the Bicol community who are away from home and families.
The company’s stakeholders are officers and members of the Bicol Communities including their beneficiaries, families, friends, devotees, supporters, sponsors, beneficiaries, and interested individuals living and working in the United Kingdom.The Directors of the company had organised regular monthly meeting that enabled the group to discuss updates, issues, suggestions, plan of activities and reports of members who needed support. It was decided by the majority that Bicol United UK CIC will continue to provide financial support from the company’s fund and voluntary donations from members to members who need help especially the sick and the bereaved. The officers and members also decided to continue to celebrate the annual festivity celebration of Our Lady of Penafrancia and Divino Rostro de Jesus by having 9 weekends of novena group prayers before the main event of the year which is the Fluvial Procession of the images of Our Lady of Penafrancia and Divino Rostro at the River Thames, London UK attended by 250 devotees, supporters, families, and friends. The celebration was concluded by the Annual Community Mass celebration at Carmelite Church London UK and reception dinner attended by at least 250 devotees, parishioners, supporters, families, friends, and individuals. The officers and members also enjoyed get-together to celebrate Christmas.The company had also organized weekly voluntary donations of flowers offering from the officers and members to the image of Our Lady of Penafrancia since its enshrinement at the Carmelite Church London UK. Members of the community, devotees, supporters, and tourists/visitors visit the place as they continue to strengthen their faith, foster their devotion to our dear Blessed Mother, not only during her annual festivities but anytime of the week, month, or year.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
30 September 2023
And signed on behalf of the board by:
Name: Danilo Favor
Status: Director