HONG KONG MEDIA OVERSEAS CIC

Company limited by guarantee

Company Registration Number:
14136870 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 27 May 2022

End date: 31 May 2023

HONG KONG MEDIA OVERSEAS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

Directors report
Balance sheet
Additional notes
Community Interest Report

HONG KONG MEDIA OVERSEAS CIC

Directors' report period ended 31 May 2023

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

Directors

The directors shown below have held office during the whole of the period from
27 May 2022 to 31 May 2023

Po Kong Ngan
Steve Vines
Chris Wong
Joseph Lian


The director shown below has held office during the period of
27 May 2022 to 1 May 2023

Stephen Ng


The directors shown below have held office during the period of
1 May 2023 to 31 May 2023

Simon Lee
Yim Ying Nina Loh
Jane Poon


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
29 September 2023

And signed on behalf of the board by:
Name: Po Kong Ngan
Status: Director

HONG KONG MEDIA OVERSEAS CIC

Balance sheet

As at 31 May 2023

Notes 2023


£
Current assets
Cash at bank and in hand: 3,782
Total current assets: 3,782
Net current assets (liabilities): 3,782
Total assets less current liabilities: 3,782
Total net assets (liabilities): 3,782
Members' funds
Profit and loss account: 3,782
Total members' funds: 3,782

The notes form part of these financial statements

HONG KONG MEDIA OVERSEAS CIC

Balance sheet statements

For the year ending 31 May 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 September 2023
and signed on behalf of the board by:

Name: Steve Vines
Status: Director

The notes form part of these financial statements

HONG KONG MEDIA OVERSEAS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

HONG KONG MEDIA OVERSEAS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

HONG KONG MEDIA OVERSEAS CIC

Company Number: 14136870 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

The company started recruiting members in October last year and currently has more than 30 members registered as media members. The company was reorganized in May this year, adding three experienced media professional in our board, increasing the number of board members to six.In December last year, the company reached a cooperation plan with the International Federation of Journalists(IFJ), with the goal of hiring two part-time investigators to conduct a survey on Hong Kong’s diaspora media workers. The relevant report was published in March this year and received Widely reported by Hong Kong and overseas media, the outside world has paid more attention to the Hong Kong diaspora media workers difficulties.The company don't have any full time or part time staff.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £4,450.Those include a total amount of £2,565 paid to Yim Ying Nina Loh, Director as IFJ Program researcher in March 2023.And a total amount of £1,885 paid to Po Kong Ngan, Director as IFJ Program researcher in March 2023.Both Yim Ying Nina Loh and Po Kong Ngan agreed transfer the total amount of £4,450 back to the company as a voluntary donation in March 2023.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 September 2023

And signed on behalf of the board by:
Name: Po Kong Ngan
Status: Director