THE SYRIAN SUNFLOWER C.I.C.

Company Registration Number:
12132143 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 August 2022

End date: 31 May 2023

THE SYRIAN SUNFLOWER C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

THE SYRIAN SUNFLOWER C.I.C.

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The director shown below has held office during the whole of the period from
1 August 2022 to 31 May 2023

Majeda IBRAHIM KRBAN


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
23 August 2023

And signed on behalf of the board by:
Name: Majeda IBRAHIM KRBAN
Status: Director

THE SYRIAN SUNFLOWER C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2023

10 months to 31 May 2023 2022


£

£
Turnover: 51,769 29,200
Cost of sales: ( 16,075 ) ( 7,870 )
Gross profit(or loss): 35,694 21,330
Administrative expenses: ( 27,531 ) ( 18,528 )
Operating profit(or loss): 8,163 2,802
Profit(or loss) before tax: 8,163 2,802
Profit(or loss) for the financial year: 8,163 2,802

THE SYRIAN SUNFLOWER C.I.C.

Balance sheet

As at 31 May 2023

Notes 10 months to 31 May 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 4,888 0
Total fixed assets: 4,888 0
Current assets
Debtors: 4 2,431
Cash at bank and in hand: 4,247 4,226
Total current assets: 6,678 4,226
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 6,678 4,226
Total assets less current liabilities: 11,566 4,226
Creditors: amounts falling due after more than one year: 5 ( 4,666 ) ( 3,904 )
Total net assets (liabilities): 6,900 322
Capital and reserves
Called up share capital: 10 10
Profit and loss account: 6,890 312
Total Shareholders' funds: 6,900 322

The notes form part of these financial statements

THE SYRIAN SUNFLOWER C.I.C.

Balance sheet statements

For the year ending 31 May 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 August 2023
and signed on behalf of the board by:

Name: Majeda IBRAHIM KRBAN
Status: Director

The notes form part of these financial statements

THE SYRIAN SUNFLOWER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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

THE SYRIAN SUNFLOWER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    10 months to 31 May 2023 2022
    Average number of employees during the period 2 2

THE SYRIAN SUNFLOWER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2022 0 0
Additions 5,962 5,962
Disposals
Revaluations
Transfers
At 31 May 2023 5,962 5,962
Depreciation
At 1 August 2022 0 0
Charge for year 1,074 1,074
On disposals
Other adjustments
At 31 May 2023 1,074 1,074
Net book value
At 31 May 2023 4,888 4,888
At 31 July 2022 0 0

THE SYRIAN SUNFLOWER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Debtors

10 months to 31 May 2023 2022
£ £
Other debtors 2,431
Total 2,431

THE SYRIAN SUNFLOWER C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Creditors: amounts falling due after more than one year note

10 months to 31 May 2023 2022
£ £
Bank loans and overdrafts 3,008 3,831
Other creditors 1,658 73
Total 4,666 3,904

COMMUNITY INTEREST ANNUAL REPORT

THE SYRIAN SUNFLOWER C.I.C.

Company Number: 12132143 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

1. The company partnered with Hands Up Foundation, a small and innovative charity that funds health and education programmes in Syria and neighbouring countries, to host a dinner fundraiser for helping victims of the 2023 Syria and Turkey Earthquake. We raised around £3,000 in total.2. The company partnered with Hikayetna, holding a weekly workshop for a month’s duration where I trained 12 women a week from the local community on how to start their own catering business. Hikayetna is a local not-for-profit community organisation who offer training and mentoring to support migrants into successful careers.3. The company gave a 5% discount on catering events for all charities and organizations who support migrants and refugees (e.g., Heard).4. The company supported a Syrian refugee woman through her local council. We did a paid month long mentorship where I trained her on cooking and catering, after which I secured her a job in a restaurant through my network.

Consultation with stakeholders

The company’s stakeholders are refugees and migrants to the UK living in the local community, as well as organizations and charities that work with refugees and migrants. The directors of the company are Syrian refugees who have lived in Ealing for a number of years, and the charitable initiatives were inspired by the hardships they experienced as refugees and aim to help others in a similar position settle into life in the UK and give them the skills to find or start their own work.

Directors' remuneration

The aggregate amount of remuneration paid to directors in respect of qualifying services was £8,000.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
23 August 2023

And signed on behalf of the board by:
Name: Majeda IBRAHIM KRBAN
Status: Director