GINAS FOR THE COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
13921957 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 17 February 2022

End date: 28 February 2023

GINAS FOR THE COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 28 February 2023

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

GINAS FOR THE COMMUNITY CIC

Directors' report period ended 28 February 2023

The directors present their report with the financial statements of the company for the period ended 28 February 2023

Principal activities of the company

Ginas for the Community CIC is deeply committed to serving and uplifting the community by addressing the pressing issue of homelessness. Our core activities span a spectrum of initiatives aimed at raising awareness, providing essential resources, and fostering a strong sense of community support.Raising Awareness: Ginas for the Community actively engages in comprehensive awareness campaigns to spotlight the challenges faced by homeless and less fortunate individuals. Through diverse channels, including social media, community events, and collaborative efforts with local partners, we strive to educate the public about the complexities of homelessness and advocate for sustainable solutions.Meal Preparation and Distribution: At the heart of our mission is the preparation and distribution of hot meals for homeless individuals. We regularly organize meal programs, utilizing surplus donations graciously provided by retailers. This initiative not only addresses the immediate need for nourishment but also creates opportunities for volunteers to connect with and offer support to those experiencing homelessness.Weekly Care Packs for Low-Income Families: In response to the needs of the broader community, Ginas for the Community has extended its reach to cater to families on low income. We create weekly care packs from surplus food donations, ensuring that nutritious and essential items reach those who are facing financial challenges. This initiative aims to alleviate the burden on low-income families, providing them with vital resources to support their well-being.Volunteer Engagement: Ginas for the Community actively encourages community members to become volunteers. Volunteers play a pivotal role in our outreach programs, contributing their time and skills to connect with homeless and less fortunate individuals. This engagement not only provides essential assistance but also cultivates a profound sense of solidarity within the community.Resource Mobilization: To broaden our impact and services, we actively pursue fundraising and grant opportunities. These financial resources are crucial for securing a dedicated kitchen space. Moreover, we aim to establish a safe and welcoming environment where homeless and less fortunate individuals can gather, find support, and access resources contributing to their well-being.Future Initiatives: Ginas for the Community is committed to evolving and expanding its services. We aspire to create a permanent space serving as a community hub, providing not only meals but also essential services such as counseling, job assistance, and healthcare. This vision aligns with our long-term goal of fostering a community-driven approach to addressing homelessness.Financial Outlook: While currently sustained by surplus donations and volunteer efforts, we acknowledge the need for sustainable funding to achieve our long-term goals. The initiation of fundraising activities and grant applications is a critical step toward securing the financial stability required to make a lasting impact on the lives of those in need.As directors, we remain steadfast in our dedication to the values of compassion, community engagement, and sustainable social impact. We extend our heartfelt gratitude to all volunteers, supporters, and partners whose contributions have been instrumental in the success of Ginas for the Community CIC.Directors of Ginas for the Community CIC:Daniel Israel Obadiaru Amber Takara Noel Leighanne Marie Grubb Nadine Leonia Charlemagne



Directors

The directors shown below have held office during the whole of the period from
17 February 2022 to 28 February 2023

Daniel Israel Obadiaru
Nadine Leonia Charlemagne
Leighanne Marie Grubb
Amber Takara Noel


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
15 November 2023

And signed on behalf of the board by:
Name: Daniel Israel Obadiaru
Status: Director

GINAS FOR THE COMMUNITY CIC

Balance sheet

As at 28 February 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: 69
Investments:   0
Total current assets: 69
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 69
Total assets less current liabilities: 69
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 69
Members' funds
Profit and loss account: 69
Total members' funds: 69

The notes form part of these financial statements

GINAS FOR THE COMMUNITY CIC

Balance sheet statements

For the year ending 28 February 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 14 November 2023
and signed on behalf of the board by:

Name: Daniel Israel Obadiaru
Status: Director

The notes form part of these financial statements

GINAS FOR THE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

    Other accounting policies

    Objective The accounting policy of Ginas for the Community CIC is designed to ensure accurate financial reporting, compliance with applicable laws and regulations, and the proper stewardship of financial resources. This policy is intended to guide the accounting practices of the organization and promote transparency in its financial operations.Financial ReportingAccrual Basis: Ginas for the Community CIC will maintain its accounting records on an accrual basis to accurately reflect the financial position and performance of the organization.TimelinessFinancial statements will be prepared on a regular basis, with monthly, quarterly, and annual reporting cycles to provide timely and relevant information to stakeholders.Consistency The organization will strive for consistency in accounting methods and practices to facilitate comparability across different reporting periods.Revenue RecognitionDonations and Grants: Revenue from donations and grants will be recognized when received, provided that all relevant conditions for recognition have been met.Program Service Fees Program service fees will be recognized as revenue when the related services are performed.Expense RecognitionMatching Principle: Expenses will be recognized in the period in which they are incurred and directly associated with the generation of revenue.Consistency in Expense AllocationGinas for the Community CIC will apply consistent methods for allocating expenses to ensure accurate cost reporting.Budgeting and Financial PlanningAnnual Budget The organization will prepare an annual budget that reflects its strategic goals and objectives. Actual financial performance will be compared regularly to the budget, and any significant variances will be analysed.Internal ControlsSegregation of Duties To minimize the risk of errors or fraud, duties related to financial transactions will be appropriately segregated among different personnel.Authorization and Approval: All financial transactions will be authorized and approved by designated personnel in accordance with established policies.Audit and ComplianceExternal Audit: Ginas for the Community CIC will engage external auditors annually to perform an independent audit of its financial statements.Compliance with Laws and Regulations: The organization will adhere to all relevant laws and regulations governing financial reporting, including but not limited to the Charity Commission regulations.Record KeepingDocument Retention: Financial records, including invoices, receipts, and supporting documentation, will be retained in accordance with legal requirements and best practices.Electronic Record Keeping: The organization will maintain electronic records in a secure and organized manner to facilitate efficient retrieval and analysis.This accounting policy is effective as of 01/09/2022.Directors of Ginas for the Community CIC:Daniel Israel Obadiaru Amber Takara Noel Leighanne Marie Grubb Nadine Leonia Charlemagne

GINAS FOR THE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023
    Average number of employees during the period 0

GINAS FOR THE COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Financial Commitments

"In the tapestry of compassion, every financial commitment to Ginas for the Community weaves a thread of sustenance for the forgotten, the homeless, and the less fortunate. Our pledge extends beyond charity; it's a promise to nourish not just bodies but the very essence of humanity.Humbly as stewards of hope, each penny entrusted to us becomes a beacon, guiding our mission to feed the hungry and uplift spirits. With unwavering financial dedication, we stand at the forefront of change, determined to transform lives, and bring solace to those facing the harsh reality of homelessness.”

COMMUNITY INTEREST ANNUAL REPORT

GINAS FOR THE COMMUNITY CIC

Company Number: 13921957 (England and Wales)

Year Ending: 28 February 2023

Company activities and impact

Ginas for The Community (CIC), launched in February 2022, and has demonstrated a strong commitment to addressing homelessness and supporting the less fortunate in the community. Over the financial year, the company has engaged in several impactful activities that have positively influenced the community.Meal Distribution ProgramThe company has been actively involved in handing out meals to homeless and less fortunate individuals at least five times a week. This initiative has directly contributed to meeting the basic nutritional needs of those in need, providing them with sustenance and support.Information and Awareness CampaignsGinas for The Community has played a crucial role in spreading information and awareness regarding homelessness. By educating the community about the challenges faced by homeless individuals, the organization has contributed to reducing stigma and fostering empathy. This awareness campaign is essential in promoting a more compassionate and understanding community.Daily Surplus Food Donations from RetailersA significant achievement for the organization has been the successful procurement of daily surplus food donations from retailers. By partnering with local businesses, "Ginas for The Community" has not only prevented food waste but has also channelled these resources toward providing meals for those in need. This approach contributes to both environmental sustainability and social responsibility.Building Positive Rapport with the Homeless PopulationThe organization has actively worked on building positive relationships with homeless and less fortunate individuals. This personal engagement goes beyond providing meals and extends to understanding the unique needs and challenges faced by the community. This approach helps in creating a sense of trust and dignity for those who are often marginalized.Collaboration with Like-minded OrganizationsGinas for The Community has successfully collaborated with other organizations that share similar visions and values. By working in tandem with these organizations, the CIC has amplified its impact and created a more unified front against homelessness. This collaborative effort ensures that resources and efforts are optimized for the greatest community benefit.Overall, the company's activities in the financial year have not only addressed immediate needs such as hunger but have also contributed to broader social change through awareness campaigns and collaborative efforts. Ginas for The Community has emerged as a positive force in the community, demonstrating the potential for businesses to make a meaningful impact on social issues.

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
14 November 2023

And signed on behalf of the board by:
Name: Daniel Obadiaru
Status: Director