BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Company limited by guarantee

Company Registration Number:
13367624 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2023

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

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2023

2023 2022


£

£
Turnover: 5,539 1,000
Cost of sales: 0 0
Gross profit(or loss): 5,539 1,000
Administrative expenses: ( 7,297 ) ( 1,200 )
Other operating income: 1,100 150
Operating profit(or loss): (658) (50)
Profit(or loss) before tax: (658) (50)
Profit(or loss) for the financial year: (658) (50)

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Balance sheet

As at 30 April 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 408 713
Total current assets: 408 713
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 1,116 ) ( 763 )
Net current assets (liabilities): (708) (50)
Total assets less current liabilities: (708) ( 50)
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): (708) (50)
Members' funds
Profit and loss account: (708) ( 50)
Total members' funds: ( 708) (50)

The notes form part of these financial statements

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Balance sheet statements

For the year ending 30 April 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 23 October 2023
and signed on behalf of the board by:

Name: Neville Brown
Status: Director

The notes form part of these financial statements

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and valueadded taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.Turnover is reduced for estimated customer returns, rebates and other similar allowances

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 666 313
Taxation and social security 0
Accruals and deferred income 450 450
Total 1,116 763

COMMUNITY INTEREST ANNUAL REPORT

BBSA (BLACK BUSINESS SUPPORT AGENCY) C.I.C.

Company Number: 13367624 (England and Wales)

Year Ending: 30 April 2023

Company activities and impact

The BBSA aims to inspire future and promote currently operating British black businesses. Statistically in the U.K members of the black community are less likely to own a business. Through an annual Black Business Expo we give a platform for business educators and community funding groups to engage with the black community to overcome some of the barriers associated with the under representation of black owned businesses. We also provide a space for trading black owned businesses to showcase themselves to people from all the different communities that attend the event. Whilst also inspiring others to follow in their brave footsteps towards ownership. During this financial year the Black Business Expo was held at the John Smiths Stadium, Huddersfield, on the 3rd July 2022. The financial year was spent planning for the event, maintaining links with key note speakers, businesses and delegates. After the event, impact analysis was conducted via feedback from businesses and delegates. The knowledge gained from analysis went straight into planning the Expo for 2023.

Consultation with stakeholders

The companies stakeholders include anyone interested in addressing the aspirational inequalities between different ethnic communities when it comes to business ownership. This includes people from all communities who wish to support by just attending the event and purchasing from or just positively engaging with members of the black community. Members of the black community old and young who wish to learn more about business ownership. Members of the black community who already own a business and wish to engage with potential new customers, whilst also inspiring potential new business owners with their presence. Consultations were conducted after the event on 3rd July 2022 with questionnaires sent to delegates who attended and businesses who showcased. Also guest speakers, and sponsors were consulted. The aim is to conduct consultation and feedback questionnaires after each event to better understand the needs of the community we are aiming to benefit.

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
23 October 2023

And signed on behalf of the board by:
Name: Neville Brown
Status: Director