POISED2EXCEL CIC

Company limited by guarantee

Company Registration Number:
13727605 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2022

Period of accounts

Start date: 8 November 2021

End date: 30 November 2022

POISED2EXCEL CIC

Contents of the Financial Statements

for the Period Ended 30 November 2022

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

POISED2EXCEL CIC

Directors' report period ended 30 November 2022

The directors present their report with the financial statements of the company for the period ended 30 November 2022

Principal activities of the company

The company will hold promotional cultural events, activities promoting social interaction, healthy lifestyles approach, fitness activities and confidence building workshops which include spa and pampering and engaging in difficult topic like relationship and domestic violence

Political and charitable donations

For the period under review the company did not make any political or charitable donations

Company policy on disabled employees

The company policy is to employ disabled people wherever practical. For the year under review no staff were recorded in the staff register as having a disability.



Directors

The director shown below has held office during the period of
1 November 2022 to 30 November 2022

MASVAYA, Rachel


The director shown below has held office during the period of
15 November 2021 to 1 June 2022

NYADZAYO, Nyasha Lorraine


The director shown below has held office during the whole of the period from
8 November 2021 to 30 November 2022

CHIBWE, Tendai Lynett


Secretary CHIBWE, Tendai Lynett

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
8 August 2023

And signed on behalf of the board by:
Name: CHIBWE, Tendai Lynett
Status: Secretary

POISED2EXCEL CIC

Balance sheet

As at 30 November 2022

Notes 13 months to 30 November 2022


£
Current assets
Debtors: 3 2
Total current assets: 2
Net current assets (liabilities): 2
Total assets less current liabilities: 2
Total net assets (liabilities): 2
Members' funds
Profit and loss account: 2
Total members' funds: 2

The notes form part of these financial statements

POISED2EXCEL CIC

Balance sheet statements

For the year ending 30 November 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.

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 8 August 2023
and signed on behalf of the board by:

Name: MASVAYA, Rachel
Status: Director

The notes form part of these financial statements

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

  • 2. Employees

    13 months to 30 November 2022
    Average number of employees during the period 2

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

3. Debtors

13 months to 30 November 2022
£
Other debtors 2
Total 2
Debtors due after more than one year: 2

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2022

4. Financial Commitments

The company did not enter into any financial commitments for the period under review.

COMMUNITY INTEREST ANNUAL REPORT

POISED2EXCEL CIC

Company Number: 13727605 (England and Wales)

Year Ending: 30 November 2022

Company activities and impact

Poised2Excel Community Interest Company is a not-for-profit organization, and its activities are designed to benefit the local community; other charities and voluntary organizations in the North East of England and surrounding catchment areas to provide innovative approaches to support women who are socially isolated and experiencing both psychical and mental health problems. They may also be struggling with difficult relationships having difficulties with raising children and at times needing support to flee from domestic violent situations. Poised2Excel Community Interest Company’s mission is to act as a health and wellbeing hub by creating a stress-free environment where socially disadvantaged women of all racial groups and ages can feel free to come into our Salon and have a chance to chat with someone who is not going to judge them or make them feel less worthy. One of our main target groups would be the BME community and new arrivals into the area.Our main objectives are to Empower women, Boost their confidenceEradicate social boredom and isolation Support those experiencing domestic violence.Promote Health and Social Well being

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
8 August 2023

And signed on behalf of the board by:
Name: CHIBWE, Tendai Lynett
Status: Director