VIRUNGA PRODUCTIONS C.I.C.

Company limited by guarantee

Company Registration Number:
08674683 (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

VIRUNGA PRODUCTIONS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2022

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

VIRUNGA PRODUCTIONS C.I.C.

Directors' report period ended 31 December 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Directors

The directors shown below have held office during the whole of the period from
1 January 2022 to 31 December 2022

Emmanuel de Merode
Joanna Natasegara
Orlando von Einsiedel
Virunga Foundation Ltd


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
19 October 2023

And signed on behalf of the board by:
Name: Orlando von Einsiedel
Status: Director

VIRUNGA PRODUCTIONS C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2022

2022 2021


£

£
Turnover: 855 83,333
Cost of sales: 0 0
Gross profit(or loss): 855 83,333
Distribution costs: 0 0
Administrative expenses: ( 5,861 ) ( 8,677 )
Other operating income: 1,992 116
Operating profit(or loss): (3,014) 74,772
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (3,014) 74,772
Tax: 0 0
Profit(or loss) for the financial year: (3,014) 74,772

VIRUNGA PRODUCTIONS C.I.C.

Balance sheet

As at 31 December 2022

Notes 2022 2021


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors: 3 1,291 324
Cash at bank and in hand: 14,985 14,695
Investments: 4 67 76
Total current assets: 16,343 15,095
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 378,449 ) ( 374,187 )
Net current assets (liabilities): (362,106) (359,092)
Total assets less current liabilities: (362,106) ( 359,092)
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (362,106) (359,092)
Members' funds
Profit and loss account: (362,106) ( 359,092)
Total members' funds: ( 362,106) (359,092)

The notes form part of these financial statements

VIRUNGA PRODUCTIONS C.I.C.

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 19 October 2023
and signed on behalf of the board by:

Name: Orlando von Einsiedel
Status: Director

The notes form part of these financial statements

VIRUNGA PRODUCTIONS C.I.C.

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

    Turnover policy

    Revenue is recognised to the extent that it is probable that the economic benefits will flow to thecompany and the revenue can be reliably measured. Revenue is measured as the fair value of theconsideration received or receivable, excluding discounts, rebates, value added tax and other salestaxes. The following criteria must also be met before revenue is recognised:Rendering of servicesRevenue from a contract to provide services is recognised in the period in which the services areprovided in accordance with the stage of completion of the contract when all of the followingconditions are satisfied:the amount of revenue can be measured reliably;it is probable that the company will receive the consideration due under the contract;the stage of completion of the contract at the end of the reporting period can be measuredreliably; andthe costs incurred and the costs to complete the contract can be measured reliably.Turnover represents the value of work carried out in respect of services provided to customers as well as donations towards the company's social enterprise activities and income from film festivals.

    Other accounting policies

    Basis of preparation of financial statements. Going Concern.Foreign currency translation.Debtors.Cash and cash equivalents.Creditors.Financial Instruments.

VIRUNGA PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

VIRUNGA PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Debtors

2022 2021
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 1,291 324
Total 1,291 324
Debtors due after more than one year: 0 0

VIRUNGA PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Current assets investments note

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.

VIRUNGA PRODUCTIONS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Creditors: amounts falling due within one year note

2022 2021
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 1,174
Taxation and social security 0 0
Accruals and deferred income 4,328 4,418
Other creditors 374,121 368,595
Total 378,449 374,187

Other Creditors comprise, "Amounts owed to group undertakings", being £374121 in 2022 and £368595 in 2021.

COMMUNITY INTEREST ANNUAL REPORT

VIRUNGA PRODUCTIONS C.I.C.

Company Number: 08674683 (England and Wales)

Year Ending: 31 December 2022

Company activities and impact

The continuing presentation to the general public of Virunga Foundation Limited's management of Virunga National Park through Virunga Production CIC's media presentation of the work and activities of the charity, helps support the conservation one of the World's most biodiverse areas. Virunga National Park is a UNESCO recognised world heritage site and contains many endangered and species of fauna and flora, including among others the World's largest population of mountain gorillas. The public benefit from the work of Virunga Productions CIC in gaining knowledge of the biodiversity of the Park, its history as Africa's oldest national park and of the ongoing conservation work undertaken, as well as the challenges currently being faced in operating in a very challenging political and security environment.

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
21 October 2023

And signed on behalf of the board by:
Name: Orlando von Einsiedel
Status: Director