ZIMBOWTIES CIC

Company limited by guarantee

Company Registration Number:
13942977 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 28 February 2022

End date: 28 February 2023

ZIMBOWTIES CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

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

ZIMBOWTIES CIC

Profit And Loss Account

for the Period Ended 28 February 2023

2023


£
Turnover: 307
Cost of sales: ( 115 )
Gross profit(or loss): 192
Administrative expenses: ( 495 )
Operating profit(or loss): (303)
Profit(or loss) before tax: (303)
Profit(or loss) for the financial year: (303)

ZIMBOWTIES CIC

Balance sheet

As at 28 February 2023

Notes 2023


£
Current assets
Cash at bank and in hand: 53
Total current assets: 53
Creditors: amounts falling due within one year: 3 ( 356 )
Net current assets (liabilities): (303)
Total assets less current liabilities: (303)
Total net assets (liabilities): (303)
Members' funds
Profit and loss account: (303)
Total members' funds: ( 303)

The notes form part of these financial statements

ZIMBOWTIES CIC

Balance sheet statements

For the year ending 28 February 2023 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 4 April 2023
and signed on behalf of the board by:

Name: Kim White
Status: Director

The notes form part of these financial statements

ZIMBOWTIES CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 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

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts

ZIMBOWTIES CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

ZIMBOWTIES CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Creditors: amounts falling due within one year note

2023
£
Accruals and deferred income 315
Other creditors 41
Total 356

COMMUNITY INTEREST ANNUAL REPORT

ZIMBOWTIES CIC

Company Number: 13942977 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

It was a quiet year for the business in the UK. We had a few sales at an event and some ad hoc direct sales to individuals. With money from our sales worldwide we ran two workshops where we taught youth in Zimbabwe art and craft skills.

Consultation with stakeholders

After each workshop we ask the art teachers to give us feedback on what went well and what can be improved. We learnt that some students are using the skills they learn to try start their own business. This indicates to us that our workshops are actually useful and we will continue to run them in the current format.We also have had contact with former students who have passed through our program and give them ad hoc mentoring and career advice

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
7 April 2023

And signed on behalf of the board by:
Name: Kim White
Status: Director