FAITH ASSOCIATES INTERNATIONAL CIC

Company limited by guarantee

Company Registration Number:
11099016 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2022

Period of accounts

Start date: 1 January 2022

End date: 31 December 2022

FAITH ASSOCIATES INTERNATIONAL CIC

Contents of the Financial Statements

for the Period Ended 31 December 2022

Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FAITH ASSOCIATES INTERNATIONAL CIC

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 46,996 64,651
Cost of sales: ( 12,476 )
Gross profit(or loss): 34,520 64,651
Administrative expenses: ( 43,973 ) ( 35,567 )
Operating profit(or loss): (9,453) 29,084
Profit(or loss) before tax: (9,453) 29,084
Tax: ( 5,526 )
Profit(or loss) for the financial year: (9,453) 23,558

FAITH ASSOCIATES INTERNATIONAL CIC

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Current assets
Debtors: 3 7,751 17,108
Cash at bank and in hand: 29,560 24,130
Total current assets: 37,311 41,238
Net current assets (liabilities): 37,311 41,238
Total assets less current liabilities: 37,311 41,238
Creditors: amounts falling due after more than one year: 4 ( 300 ) ( 300 )
Accruals and deferred income: ( 2,850 ) ( 2,850 )
Total net assets (liabilities): 34,161 38,088
Members' funds
Profit and loss account: 34,161 38,088
Total members' funds: 34,161 38,088

The notes form part of these financial statements

FAITH ASSOCIATES INTERNATIONAL CIC

Balance sheet statements

For the year ending 31 December 2022 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 30 September 2023
and signed on behalf of the board by:

Name: Shaukat Warraich
Status: Director

The notes form part of these financial statements

FAITH ASSOCIATES INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 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

FAITH ASSOCIATES INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 1 1

FAITH ASSOCIATES INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Debtors

2022 2021
£ £
Trade debtors 7,751 17,108
Total 7,751 17,108

FAITH ASSOCIATES INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due after more than one year note

2022 2021
£ £
Other creditors 300 300
Total 300 300

COMMUNITY INTEREST ANNUAL REPORT

FAITH ASSOCIATES INTERNATIONAL CIC

Company Number: 11099016 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

The CIC has provided safeguarding training in out of school settings as well as digital safety training to teachers and children in the primary and secondary UK school sector. The CIC has also provided advise and support for environmental sustainability in places of worship.

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
30 September 2023

And signed on behalf of the board by:
Name: Shaukat Warraich
Status: Director