WUGONG CIC

Company limited by guarantee

Company Registration Number:
10410459 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2022

Period of accounts

Start date: 1 November 2021

End date: 31 October 2022

WUGONG CIC

Contents of the Financial Statements

for the Period Ended 31 October 2022

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

WUGONG CIC

Directors' report period ended 31 October 2022

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

Principal activities of the company

Wugong CIC are a non-profit Chinese Martial Arts Club registered with British Council for Chinese Martial arts who are the the national governing body for Chinese martial arts. We bring benefit to members of the local community and Kent, by proving the community with training facilities, equipment and suitable space for training in Chinese Martial Arts disciplines like Tai Chi, Qigong, Wushu Kung Fu and Sanda (Chinese Kickboxing) We cater for the whole community equally be it gender, ethnicity, disability or age.



Directors

The director shown below has held office during the whole of the period from
1 November 2021 to 31 October 2022

barry phelan


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 January 2023

And signed on behalf of the board by:
Name: barry phelan
Status: Director

WUGONG CIC

Profit And Loss Account

for the Period Ended 31 October 2022

2022 2021


£

£
Turnover: 15,745 14,133
Cost of sales: ( 17,337 ) ( 8,574 )
Gross profit(or loss): (1,592) 5,559
Operating profit(or loss): (1,592) 5,559
Profit(or loss) before tax: (1,592) 5,559
Profit(or loss) for the financial year: (1,592) 5,559

WUGONG CIC

Balance sheet

As at 31 October 2022

Notes 2022 2021


£

£
Current assets
Cash at bank and in hand: 7,290 7,883
Total current assets: 7,290 7,883
Net current assets (liabilities): 7,290 7,883
Total assets less current liabilities: 7,290 7,883
Total net assets (liabilities): 7,290 7,883
Members' funds
Profit and loss account: 7,290 7,883
Total members' funds: 7,290 7,883

The notes form part of these financial statements

WUGONG CIC

Balance sheet statements

For the year ending 31 October 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 27 October 2023
and signed on behalf of the board by:

Name: barry phelan
Status: Director

The notes form part of these financial statements

WUGONG CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

WUGONG CIC

Notes to the Financial Statements

for the Period Ended 31 October 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

WUGONG CIC

Company Number: 10410459 (England and Wales)

Year Ending: 31 October 2022

Company activities and impact

Wugong CIC are a non-profit Chinese Martial Arts Club registered with British Council for Chinese Martial arts who are the the national governing body for Chinese martial arts.We bring benefit to members of the local community and Kent, by proving the community with training facilities, equipment and suitable space for training in Chinese Martial Arts disciplines like Tai Chi, Qigong, Wushu Kung Fu and Sanda (Chinese Kickboxing)We cater for the whole community equally be it gender, ethnicity, disability or age.We also arrange very popular classes within the local community, bringing lots of health wellness and social benefits to people of all ages

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
27 October 2023

And signed on behalf of the board by:
Name: barry phelan
Status: Director