GHANA WELFARE ASSOCIATION CIC

Company limited by guarantee

Company Registration Number:
SC667585 (Scotland)

Unaudited statutory accounts for the year ended 31 December 2021

Period of accounts

Start date: 15 July 2020

End date: 31 December 2021

GHANA WELFARE ASSOCIATION CIC

Contents of the Financial Statements

for the Period Ended 31 December 2021

Profit and loss
Balance sheet
Additional notes
Community Interest Report

GHANA WELFARE ASSOCIATION CIC

Profit And Loss Account

for the Period Ended 31 December 2021

18 months to 31 December 2021


£
Turnover: 3,134
Cost of sales: ( 2,741 )
Gross profit(or loss): 393
Operating profit(or loss): 393
Profit(or loss) before tax: 393
Profit(or loss) for the financial year: 393

GHANA WELFARE ASSOCIATION CIC

Balance sheet

As at 31 December 2021

Notes 18 months to 31 December 2021


£
Current assets
Cash at bank and in hand: 393
Total current assets: 393
Net current assets (liabilities): 393
Total assets less current liabilities: 393
Total net assets (liabilities): 393
Members' funds
Profit and loss account: 393
Total members' funds: 393

The notes form part of these financial statements

GHANA WELFARE ASSOCIATION CIC

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.

This report was approved by the board of directors on 23 September 2023
and signed on behalf of the board by:

Name: Catherine Duker
Status: Director

The notes form part of these financial statements

GHANA WELFARE ASSOCIATION CIC

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

GHANA WELFARE ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    18 months to 31 December 2021
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

GHANA WELFARE ASSOCIATION CIC

Company Number: SC667585 (Scotland)

Year Ending: 31 December 2021

Company activities and impact

Covid-19 Pandemic presented a challenge for the whole world. Due to the challenging times, it was not possible for the Association to meet on a regularly basis, but the current administration deserve commendation for all the hard work, commitment and determination shown over the past twelve months, for example, sourced food parcels for members during the first lockdown. We continue to count on the support of our members, both in attendang meetings, participating in programs and the payment of their dues for the success of the coming year. We pray we will have an active, engaged and strong Ghanaian community in Glasgow.

Consultation with stakeholders

No consultation with stakeholders

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
23 September 2023

And signed on behalf of the board by:
Name: Catherine Duker
Status: Director