THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Company Registration Number:
12597354 (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

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 10 10
Cash at bank and in hand: 112 4
Total current assets: 122 14
Creditors: amounts falling due within one year: 4 ( 5,802 ) ( 3,053 )
Net current assets (liabilities): (5,680) (3,039)
Total assets less current liabilities: (5,680) ( 3,039)
Total net assets (liabilities): (5,680) (3,039)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (5,690 ) (3,049 )
Total Shareholders' funds: ( 5,680 ) (3,039)

The notes form part of these financial statements

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) 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.

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 12 February 2024
and signed on behalf of the board by:

Name: Folatomi Demilade Falola-Apooyin
Status: Director

The notes form part of these financial statements

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

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

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Debtors

2023 2022
£ £
Other debtors 10 10
Total 10 10

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 145 146
Other creditors 5,657 2,907
Total 5,802 3,053

COMMUNITY INTEREST ANNUAL REPORT

THE WOMEN IN INTERNATIONAL AFFAIRS NETWORK (WIAN) C.I.C.

Company Number: 12597354 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

We are in the second year of pausing the mentorship programme to focus on other revenue- generating activities. We continue to maintain an online job board for our community, who have access to live jobs in the international industry and can apply directly to hiring organisations in order to advance their careers. We have received a few paid ads, and continue to try and scale this with a volunteer team of 3. We are developing career consulting services for our members, and have upgraded our website to launch selected services in the coming months. We are looking into how to ensure a seamless user experience that allows for services to be received and service providers paid through our website.

Consultation with stakeholders

The company’s stakeholders are women across the globe, seeking to build their international careers. This community is mainly virtual, and are communicated with via newsletters, surveys, and social media platforms. We have not held formal consultations this year, but are working to implement the feedback from last year’s survey, which received 450 responses.

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
29 February 2024

And signed on behalf of the board by:
Name: Folatomi Demilade Falola-Apooyin
Status: Director