for the Period Ended 31 August 2023
Directors report | |
Balance sheet | |
Additional notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 August 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 September 2022 to 31 August 2023
Secretary
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
And signed on behalf of the board by:
Name:
Status: Director
As at
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Creditors: amounts falling due within one year: | | | |
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Creditors: amounts falling due after more than one year: | | | |
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Members' funds | |||
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The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 August 2023
Basis of measurement and preparation
for the Period Ended 31 August 2023
2023 | 2022 | |
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Average number of employees during the period | | |
The company was established to carry on activities which benefit the community and in particular (without limitation) the community of Continental and Diasporan Afrikans domiciled in the United Kingdom by providing social facilities, including meeting places, a flexible library/information centre/museum, an advice facility and specialist shops, etc in order to promote and further the cultural, social and economic progress and transformation of the community of benefit.To that end, the company uses its facilities to advance education and raise awareness about the social, political and economic history and culture of the community of benefit within that community and of others, and promotes activities to foster mutual understanding between communities within the UK and beyond.The company is fortunate to be able to operate from a large centre in a prominent location in Tottenham, London N17. However, the building has fallen into disrepair and the focus of the Board of Directors over the last two years has been fundraising so as to accumulate sufficient funds to invest in a substantial re-development of the building which will increase its capacity and cater for a wider range of activities and more people. While this redevelopment is being planned, the centre has had to be closed and is no longer able to cater safely for the community on the premises. However, the company continues to try and meet its objects by hosting some of its activities elsewhere. This can be seen in the way in which its directors have embraced technology and host video-conferencing and regular lectures by a range of speakers on topics of Afrikan history, religion, social systems etc. which are held via Zoom/Streamyard and Teams and were broadcast live on Youtube. This method of working has brought the benefit of enabling the work of the centre to reach wider audiences in their homes and elsewhere and which are both local and international.The company continues to maintain a good stock of books on Afrikan history and development and its directors and volunteers attend book-fairs, book clubs, schools, conferences and other institutions to introduce and put on display the wide range of books to new users of all age groups, as well as to replenish and update its stock.The last two years have been challenging, but the company looks forward to the time when it will be able to use the building and continue to carry out activities in pursuit of its objects.
The company's stakeholders are its directors, residents and all users of the premises. The company consults widely and still continues to meet by Zoom/Streamyard/WhatsApp sessions which are interactive. Stakeholders are encouraged to give feed-back on issues and these are discussed during the monthly meetings of the directors. Our consultations have enabled us to keep abreast of social developments and trends and the views and expectations of the next generation, the education of which the company has invested much time. The Board of Directors has been quite flexible and provides feedback on any issues arising from the consultations and which it has been able to use in carrying out the company's activities. Stakeholders are concerned about the future ad regularly give feedback on legacy-planning.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
19 April 2024
And signed on behalf of the board by:
Name: Mr. Nkrumah Nwapa Ajala Pepukayi
Status: Director