MELODY OF THE MIND CIC

Company limited by guarantee

Company Registration Number:
11631558 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

MELODY OF THE MIND CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

MELODY OF THE MIND CIC

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

Directors' Report: Principal Activities of the CompanyGeneral Trading: Despite efforts, the company has not performed well in general trading activities.Cause Donations:1-Continued to receive donations specifically aimed at aiding Pakistani Christians.2-Utilized these donations primarily for providing food to starving Christians in rural areas.3-Provided support for emergency medical needs, including regular assistance and special aid for a child victim of an acid attack due to persecution.Future Prospects:* A donor has pledged the use of digital assets expected to boost profits over time.*Received a digital asset that has already eliminated an ongoing IT cost.We are currently exploring an option to enable tax-efficient donations from US donors.



Directors

The directors shown below have held office during the whole of the period from
1 November 2022 to 31 October 2023

Stephen Anjum
Nathanel David Stephen Lewis


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
27 July 2024

And signed on behalf of the board by:
Name: Nathanel David Stephen Lewis
Status: Director

MELODY OF THE MIND CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 1,660 1,905
Cost of sales: ( 1,620 ) ( 2,921 )
Gross profit(or loss): 40 (1,016)
Operating profit(or loss): 40 (1,016)
Profit(or loss) before tax: 40 (1,016)
Profit(or loss) for the financial year: 40 (1,016)

MELODY OF THE MIND CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 160 120
Total current assets: 160 120
Creditors: amounts falling due within one year: 3 ( 5,615 ) ( 5,615 )
Net current assets (liabilities): (5,455) (5,495)
Total assets less current liabilities: (5,455) ( 5,495)
Total net assets (liabilities): (5,455) (5,495)
Members' funds
Profit and loss account: (5,455) ( 5,495)
Total members' funds: ( 5,455) (5,495)

The notes form part of these financial statements

MELODY OF THE MIND CIC

Balance sheet statements

For the year ending 31 October 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 27 July 2024
and signed on behalf of the board by:

Name: Nathanel David Stephen Lewis
Status: Director

The notes form part of these financial statements

MELODY OF THE MIND CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

MELODY OF THE MIND CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

MELODY OF THE MIND CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 5,615 5,615
Total 5,615 5,615

COMMUNITY INTEREST ANNUAL REPORT

MELODY OF THE MIND CIC

Company Number: 11631558 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

The company again has not done well in terms of general trading, but we have continued to receive what we call 'cause' donations, given for the purpose of helping Pakistani Christians, and these we have used, in the main, to help feed starving Christians at the rural location we help at. In addition we helped with emergency medical needs, both regular, and a child victim of an acid attack act of persecution. Looking forward, a donor has promised use of digital assets that should increase profits over time, and donated one that has already reduced one ongoing IT cost to nil, and we are exploring an option which would enable US donors to give to us in a tax efficient manner.

Consultation with stakeholders

Our company liaises with our contacts on the ground in Pakistan on the best way to use the limited resources available. We are currently negotiating a new work project involving rehabilitating drug addicts and teaching them employable skills on the IT and sales sector.

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
27 July 2024

And signed on behalf of the board by:
Name: Nathanael David Stephen Lewis
Status: Director