CENTER OF EXCELLENCE C.I.C.

Company limited by guarantee

Company Registration Number:
13783758 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

CENTER OF EXCELLENCE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Profit and loss
Balance sheet
Additional notes
Community Interest Report

CENTER OF EXCELLENCE C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2023

2023 13 months to 31 December 2022


£

£
Turnover: 74,888 37,070
Cost of sales: ( 35,656 ) ( 17,015 )
Gross profit(or loss): 39,232 20,055
Administrative expenses: ( 36,966 ) ( 18,766 )
Operating profit(or loss): 2,266 1,289
Profit(or loss) before tax: 2,266 1,289
Tax: ( 1,171 )
Profit(or loss) for the financial year: 1,095 1,289

CENTER OF EXCELLENCE C.I.C.

Balance sheet

As at 31 December 2023

Notes 2023 13 months to 31 December 2022


£

£
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

CENTER OF EXCELLENCE C.I.C.

Balance sheet statements

For the year ending 31 December 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 10 February 2024
and signed on behalf of the board by:

Name: Hawa Abdi
Status: Director

The notes form part of these financial statements

CENTER OF EXCELLENCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 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

CENTER OF EXCELLENCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 13 months to 31 December 2022
    Average number of employees during the period 4 1

COMMUNITY INTEREST ANNUAL REPORT

CENTER OF EXCELLENCE C.I.C.

Company Number: 13783758 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The company continued to provide excellent community projects and activities that benefit the local communities. We offered a variety of services such as education, cultural events, and parent and youth projects, community general support services. We offered various services to the local community, such as helping employability, advisory enquiries, youth after-club education facilities, interpreter services, pensioners events, culture awareness, etc. In addition, we organised large events for youth career events, education, and positive motivational events. We have delivered the most projects that impacted our local communities. Yet we have achieved results that transformed some of our community. Our community is now united and has a passion for a positive lifestyle. Everyone is aware of how the safety of our neighbourhood important is. Nevertheless, before the Center of Excellence C.I.C. existed, the area wasn’t a location to come and visit. Our community is ambitious, and they have a place to meet and get help, especially the vulnerable people.

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
10 February 2024

And signed on behalf of the board by:
Name: Hawa Abdi
Status: Director