COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Company limited by guarantee

Company Registration Number:
08568168 (England and Wales)

Unaudited statutory accounts for the year ended 13 June 2023

Period of accounts

Start date: 14 June 2022

End date: 13 June 2023

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Contents of the Financial Statements

for the Period Ended 13 June 2023

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

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Directors' report period ended 13 June 2023

The directors present their report with the financial statements of the company for the period ended 13 June 2023

Principal activities of the company

he directors present their report with the financial statements of the company for the period ended 12 June 2023Principal ActivitiesThe Costume Initiative of the African Diaspora (CIAD) main activities include undertaking research, dissemination of said research through a diverse range of educational activities and the development of global cultural institutions.Political and charitable donationsThe company made no charitable or political donationsCompany policy on the employment of disabled personsThe company does not employ more than 150 peopleDirectorsThe directors shown below have held office during the whole of the period from 13 June 2022 to 12 June 2023Teleica KirklandThis report was approved by the board of directors on 25 January 2024And Signed On Behalf Of The Board By:Name: Teleica KirklandStatus: Director



Directors

The director shown below has held office during the whole of the period from
14 June 2022 to 13 June 2023

Teleica Kirkland


Secretary Teleica Kirkland

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
25 January 2024

And signed on behalf of the board by:
Name: Teleica Kirkland
Status: Secretary

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Profit And Loss Account

for the Period Ended 13 June 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 0 0
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 0
Tax: 0 0
Profit(or loss) for the financial year: 0 0

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Balance sheet

As at 13 June 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,442 1,442
Investments:   0 0
Total fixed assets: 1,442 1,442
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 113 1,012
Investments:   0 0
Total current assets: 113 1,012
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 113 1,012
Total assets less current liabilities: 1,555 2,454
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,555 2,454
Members' funds
Profit and loss account: 1,555 2,454
Total members' funds: 1,555 2,454

The notes form part of these financial statements

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Balance sheet statements

For the year ending 13 June 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 25 January 2024
and signed on behalf of the board by:

Name: Teleica Kirkland
Status: Director

The notes form part of these financial statements

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Notes to the Financial Statements

for the Period Ended 13 June 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

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Notes to the Financial Statements

for the Period Ended 13 June 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 1

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Notes to the Financial Statements

for the Period Ended 13 June 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 14 June 2022 0 1,330 0 112 0 1,442
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 13 June 2023 0 1,330 0 112 0 1,442
Depreciation
At 14 June 2022 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 13 June 2023 0 0 0 0 0 0
Net book value
At 13 June 2023 0 1,330 0 112 0 1,442
At 13 June 2022 0 1,330 0 112 0 1,442

COMMUNITY INTEREST ANNUAL REPORT

COSTUME INITIATIVE OF THE AFRICAN DIASPORA C.I.C.

Company Number: 08568168 (England and Wales)

Year Ending: 13 June 2023

Company activities and impact

The company runs a website containing a repository which was updated and made available to more students this year. The company also launched the pilot of one of it's two courses on African Diaspora cultural dress and heritage. This benefitted the company in a number of ways:- More people came to know about the orgnisation- the repository became recognised as a source for African diaspora academic materials by one of the largest arts univeristies in the UK.- More people knowing about us meant an increase in engagement on social media and more followers.- Increased engagement has impacted the developing our 3rd biennial dress conference which we are currently in the process of organising.

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
25 January 2024

And signed on behalf of the board by:
Name: Teleica Kirkland
Status: Director