SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Company limited by guarantee

Company Registration Number:
11795609 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 1 February 2022

End date: 31 January 2023

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Directors' report period ended 31 January 2023

The directors present their report with the financial statements of the company for the period ended 31 January 2023

Directors

The director shown below has held office during the whole of the period from
1 February 2022 to 31 January 2023

FUBARA Solomon


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
13 September 2023

And signed on behalf of the board by:
Name: FUBARA Solomon
Status: Director

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2023

2023 2022


£

£
Cost of sales: ( 7,588 )
Gross profit(or loss): (7,588)
Administrative expenses: ( 168 ) ( 1,465 )
Other operating income: 6,404
Operating profit(or loss): (168) (2,649)
Profit(or loss) before tax: (168) (2,649)
Profit(or loss) for the financial year: (168) (2,649)

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Balance sheet

As at 31 January 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 4,465 4,813
Cash at bank and in hand: 195 195
Total current assets: 4,660 5,008
Creditors: amounts falling due within one year: 4 ( 168 ) ( 348 )
Net current assets (liabilities): 4,492 4,660
Total assets less current liabilities: 4,492 4,660
Creditors: amounts falling due after more than one year: 5 ( 4,465 ) ( 4,465 )
Total net assets (liabilities): 27 195
Members' funds
Profit and loss account: 27 195
Total members' funds: 27 195

The notes form part of these financial statements

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Balance sheet statements

For the year ending 31 January 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 13 September 2023
and signed on behalf of the board by:

Name: FUBARA Solomon
Status: Director

The notes form part of these financial statements

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 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

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Debtors

2023 2022
£ £
Other debtors 4,465 4,813
Total 4,465 4,813

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 168 348
Total 168 348

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2023

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

2023 2022
£ £
Bank loans and overdrafts 4,465 4,465
Total 4,465 4,465

COMMUNITY INTEREST ANNUAL REPORT

SOUTH-SOUTH CHIEFS, ELDERS & COMMUNITY LEADERS ASSOCIATION C.I.C.

Company Number: 11795609 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The activities include various workshops and seminars and conferences facilitated by elders and chiefs and community leaders for young people and other to benefit, and to have fully knowledge of their culture, beliefs, and customs. Knowledge-based education in tradition-al/customary systemsYouths and young people of today, pretend to know too much, but know too little, the greener and wiser community has lots to contribute and support young people for their fu-ture and generation. Both young and old will benefit from this, in varied subjects.Respect they say is reciprocal, however young people lack the ethics, and this may be some of the reasons why, there is breakdown in society and environment. The company will organ-ise specific workshops for all to participant and share views, opinions, values, and under-standing. An avenue of bringing sanity among people and societyYoung people and adults need to volunteer in various subjects to acquire skills, knowledge and competence for future use, either to access work, education and personal effectiveness.Discuss value of social enterprise and education, as alternative to employment.

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
13 September 2023

And signed on behalf of the board by:
Name: FUBARA Solomon
Status: Director