ELEUTHERA INTERNATIONAL CIC

Company limited by guarantee

Company Registration Number:
12615885 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

ELEUTHERA INTERNATIONAL CIC

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

ELEUTHERA INTERNATIONAL CIC

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 6,522 4,975
Cost of sales: ( 2,350 ) ( 6,180 )
Gross profit(or loss): 4,172 (1,205)
Administrative expenses: ( 8,955 ) ( 1,131 )
Other operating income: 3,967 4,083
Operating profit(or loss): (816) 1,747
Profit(or loss) before tax: (816) 1,747
Tax: ( 1,079 )
Profit(or loss) for the financial year: (816) 668

ELEUTHERA INTERNATIONAL CIC

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 1,811
Cash at bank and in hand: 8,209 5,981
Total current assets: 10,020 5,981
Creditors: amounts falling due within one year: 4 ( 6,234 ) ( 1,379 )
Net current assets (liabilities): 3,786 4,602
Total assets less current liabilities: 3,786 4,602
Total net assets (liabilities): 3,786 4,602
Members' funds
Profit and loss account: 3,786 4,602
Total members' funds: 3,786 4,602

The notes form part of these financial statements

ELEUTHERA INTERNATIONAL 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.

This report was approved by the board of directors on 9 February 2024
and signed on behalf of the board by:

Name: Omowonuola Adefala
Status: Director

The notes form part of these financial statements

ELEUTHERA INTERNATIONAL 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

ELEUTHERA INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

ELEUTHERA INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Debtors

2023 2022
£ £
Prepayments and accrued income 1,811
Total 1,811

ELEUTHERA INTERNATIONAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 332
Accruals and deferred income 6,215 300
Other creditors 19 747
Total 6,234 1,379

COMMUNITY INTEREST ANNUAL REPORT

ELEUTHERA INTERNATIONAL CIC

Company Number: 12615885 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

The company runs a mentorship scheme which includes one-to-one coaching and group development sessions. The company runs development and training which includes the provisions of workshops from field experts in areas such as career, business, finance, faith, relationships and health. This has benefited the community in the follow ways: (i) mentees have been able to develop personally and work on their weaknesses and strengths; and (ii) workshop attendees have been able to receive useful resources to develop holistically - mentally, emotionally, physically and spiritually.

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
9 February 2024

And signed on behalf of the board by:
Name: Omowonuola Adefala
Status: Director