DEVON UKRAINIAN ASSOCIATION CIC

Company limited by guarantee

Company Registration Number:
14101641 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 11 May 2022

End date: 31 May 2023

DEVON UKRAINIAN ASSOCIATION CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DEVON UKRAINIAN ASSOCIATION CIC

Balance sheet

As at 31 May 2023

Notes 13 months to 31 May 2023


£
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 24,816
Investments:   0
Total current assets: 24,816
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 3,600 )
Net current assets (liabilities): 21,216
Total assets less current liabilities: 21,216
Creditors: amounts falling due after more than one year: 4 ( 2,540 )
Accruals and deferred income: ( 18,640 )
Total net assets (liabilities): 36
Members' funds
Profit and loss account: 36
Total members' funds: 36

The notes form part of these financial statements

DEVON UKRAINIAN ASSOCIATION CIC

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.

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

Name: Olga Petrakova Brown
Status: Director

The notes form part of these financial statements

DEVON UKRAINIAN ASSOCIATION CIC

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

    Turnover policy

    Turnover represents the fair value of consideration receivable in the ordinary cause of business for services provided.

    Tangible fixed assets depreciation policy

    Depreciation is calculated so as to write off a cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Equipment and Computers - 33% straight line

DEVON UKRAINIAN ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to 31 May 2023
    Average number of employees during the period 3

DEVON UKRAINIAN ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Creditors: amounts falling due within one year note

13 months to 31 May 2023
£
Trade creditors 3,600
Total 3,600

DEVON UKRAINIAN ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

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

13 months to 31 May 2023
£
Other creditors 2,540
Total 2,540

COMMUNITY INTEREST ANNUAL REPORT

DEVON UKRAINIAN ASSOCIATION CIC

Company Number: 14101641 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

Since May 2022 Devon Ukrainian Association provided essential services to newly arrived Ukrainian families to have full access to support that enabled social integrations in the local area and educational, cultural, and social connections. We provided guidance and signposting to new arrivals in taking the first steps in establishing their life in the UK, both in person and by administering our dedicated digital platforms, such as WhatsApp chat, Mighty Networks platform, Telegram channel, Facebook page, and Instagram profile. We also have a website www.dua.org.ukTo provide in-person support we run an initiative called Conversation Cafe for Ukraine, which serves as a welcome hub. It had over 6,000 visits (local residents and Ukrainian people) in total since it opened, and in the first year, we had close to 2,000 (many repeat) visits from the Ukrainian community. In July-October, 2022 we had 60+ visits a day on average and we provided visitors with emotional support, advice, signposting, Citizens Advice consultations, and career pathway mentoring. We fostered a culture of welcome and safety for those who are seeking sanctuary from war, including provisional support to address trauma and/or grief. We also produced large community events - Independence Day at Poltimore House (400 people attended), Family Christmas, 24 February Vigil for Ukraine (300+ people participated), With (Y)our own Eyes, exhibition of frontline photographers (over 600 people visited), Ukrainian Easter Service at Exeter Cathedral (500 people), Vyshhivanka Day (May), along with other 62 (masterclasses, excursions, events that we either produced or participated in. We organised concert tours across Devon of a Ukrainian performance company called Word and Voice from Lviv to share Ukrainian cultural singing traditions (10 concerts in total) and raise awareness of the current situation in Ukraine. We provided maximum exposure to social interaction with local groups that promoted further integration and independence (St Sidwell Community Centre and Bakery, Exeter Phoenix, Respect Festival, Refugee Support Devon, Inclusive Exeter, Wellbeing Exeter community builders, etc.) Details can be found in our reports on our website.We have also supported professional development and establishment of self-employment pathways for beauty service specialists (5 people in total) and created for people interested in catering or hospitality business.We have grown considerably in our first year in terms of our output, our outreach, and our ambition, thanks to our close working relationship with Exeter City Council and Devon County Council, and numerous other stakeholders and supporters.

Consultation with stakeholders

The company’s stakeholders are recently arrived people from Ukraine, their UK hosts, and everyone who is interested and wants to support Ukrainian culture and history dissemination. We regularly conduct surveys to take stock of the changing needs. People also are encouraged to email us their suggestions or proposals for initiatives. We have a very active WhatsApp chat that by May 2023 had close to 600 subscribers, not counting their family members and children. It informs us daily of the needs of our community. In July 2022 we held asset-based community development meeting which raised several important themes for our initiatives: educational pathways, psychological support, and wellbeing signpostings. Based on the data gathered we provided psychological support to various age groups to deal with trauma, adjustments to new culture and environment, and to build stronger connections between community members. We also started to provide yoga classes every week, we hired a consultant to provide one-on-one sessions for career and education pathways.We regularly collaborate with local educational institutions, such as schools, colleges, and Universities. In autumn 2022, we collaborated with the University of Exeter's MA Creativity: Innovation and Business Strategy programme to conduct in-depth research through interviews around such topics as food/cuisine/gastronomy. The research provided insights in community's need to gain access to community kitchens and to create gastronomy-based events around traditional Ukrainian holidays. Having worked closely with St Sidwell community bakery and kitchen, we created a number of exciting opportunities for our community to share their traditions (i.e. teaching masterclasses to British hosts on making special Easte Bread, decorating Christmas cookies, etc.)

Directors' remuneration

The total amount paid to two part-time executive directors in respect of qualifying services, such as day-to-day operations and management, was £21,502.44. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

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