SALFORD HONGKONGERS CIC

Company limited by guarantee

Company Registration Number:
13877472 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 28 January 2022

End date: 31 January 2023

SALFORD HONGKONGERS CIC

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

SALFORD HONGKONGERS CIC

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 directors shown below have held office during the period of
30 March 2022 to 31 January 2023

TANG, Kai Yin
YUEN, Hoi Ying Winnie


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

yeuk sang Zero yiu


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
27 October 2023

And signed on behalf of the board by:
Name: yeuk sang Zero yiu
Status: Director

SALFORD HONGKONGERS CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023


£
Turnover: 9,273
Cost of sales: ( 8,202 )
Gross profit(or loss): 1,071
Distribution costs: 0
Administrative expenses: ( 1,497 )
Other operating income: 0
Operating profit(or loss): (426)
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: (426)
Tax: 0
Profit(or loss) for the financial year: (426)

SALFORD HONGKONGERS CIC

Balance sheet

As at 31 January 2023

Notes 2023


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 650
Investments:   0
Total current assets: 650
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 1,076 )
Net current assets (liabilities): (426)
Total assets less current liabilities: (426)
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (426)
Members' funds
Profit and loss account: (426)
Total members' funds: ( 426)

The notes form part of these financial statements

SALFORD HONGKONGERS CIC

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

Name: yeuk sang Zero yiu
Status: Director

The notes form part of these financial statements

SALFORD HONGKONGERS CIC

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

SALFORD HONGKONGERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

SALFORD HONGKONGERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Creditors: amounts falling due within one year note

2023
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 750
Other creditors 326
Total 1,076

SALFORD HONGKONGERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Loans to directors

Name of director receiving advance or credit:
Description of the transaction:
legal and professional fee paid by director on behalf of the company
£
Balance at
Advances or credits made: 326
Advances or credits repaid:
Balance at 31 January 2023 326

COMMUNITY INTEREST ANNUAL REPORT

SALFORD HONGKONGERS CIC

Company Number: 13877472 (England and Wales)

Year Ending: 31 January 2023

Company activities and impact

The company runs a number of community activities and events to facilitate the integration of Hongkongers in the Salford area. The company started on 28 January 2022.Between 28 January 2022 and 31 December 2022 the activities have benefited the community in the following ways:Newly arrived Hongkongers in the Salford area have been integrated into the community smoother by attending the company's community events and activities.The residents in the Salford area have had the opportunity to know the newly arrived Hongkongers by joining the company's events and activities.The newly arrived Hongkongers have received employment from the company's funded community projects.The local authorities in the Salford area have had direct engagement with newly arrived Hongkongers through the company's work.Providing gatherings for the community to understand how to start a new life in the UK.3 funded projects were delivered to facilitate the integration of newly arrived Hongkongers into the Salford area.

Consultation with stakeholders

The company's stakeholders are the newly arrived Hongkongers and the residents in the Salford area. The directors have lived in the Salford area since the community was formed. The multi-level engagement model was successfully built to connect the newly arrived Hongkongers with the local community members, institutions and authorities.Although the stakeholders are not involved in the governance and decision-making process of the company, the company directors collect feedback from the participants at every event and activity organised. Regularly the directors initiate community surveys to understand the latest community needs of the Hongkongers. They also have a stable working relationship with local organisations, institutions, and authorities.

Directors' remuneration

The total amount paid to directors in respect of qualifying services was £1,630.There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors' monetary and material contribution to the company.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
27 October 2023

And signed on behalf of the board by:
Name: yeuk sang Zero yiu
Status: Director