PANDER SOCIAL MEDIA CIC

Company limited by guarantee

Company Registration Number:
12930515 (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

PANDER SOCIAL MEDIA 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

PANDER SOCIAL MEDIA 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

Principal activities of the companyMedia representation services, Cultural education, other socail work activities without accommodation and support activities to performing arts



Directors

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

ENOCH OPPONG
MAXWELL TWUMASI


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
24 July 2024

And signed on behalf of the board by:
Name: ENOCH OPPONG
Status: Director

PANDER SOCIAL MEDIA CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: ( 3,037 ) ( 856 )
Gross profit(or loss): (3,037) (856)
Administrative expenses: ( 1,806 ) ( 563 )
Other operating income: 200 0
Operating profit(or loss): (4,643) (1,419)
Interest payable and similar charges: ( 150 )
Profit(or loss) before tax: (4,643) (1,569)
Profit(or loss) for the financial year: (4,643) (1,569)

PANDER SOCIAL MEDIA CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,821 1,557
Total fixed assets: 2,821 1,557
Current assets
Cash at bank and in hand: 824 5,730
Total current assets: 824 5,730
Creditors: amounts falling due within one year: 4 ( 4,349 ) ( 3,348 )
Net current assets (liabilities): (3,525) 2,382
Total assets less current liabilities: (704) 3,939
Total net assets (liabilities): (704) 3,939
Members' funds
Profit and loss account: (704) 3,939
Total members' funds: ( 704) 3,939

The notes form part of these financial statements

PANDER SOCIAL MEDIA 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 24 July 2024
and signed on behalf of the board by:

Name: ENOCH OPPONG
Status: Director

The notes form part of these financial statements

PANDER SOCIAL MEDIA 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 Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Tangible fixed assets depreciation policyTangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the costor valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:Computer Equipment 20% Reducing Balance

PANDER SOCIAL MEDIA 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

PANDER SOCIAL MEDIA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 2,433 2,433
Additions 2,204 2,204
Disposals
Revaluations
Transfers
At 31 October 2023 4,637 4,637
Depreciation
At 1 November 2022 876 876
Charge for year 940 940
On disposals
Other adjustments
At 31 October 2023 1,816 1,816
Net book value
At 31 October 2023 2,821 2,821
At 31 October 2022 1,557 1,557

PANDER SOCIAL MEDIA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 4,349 3,348
Total 4,349 3,348

COMMUNITY INTEREST ANNUAL REPORT

PANDER SOCIAL MEDIA CIC

Company Number: 12930515 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Company activities and impactPander Media CIC specializes in media development primarily for young adults, males, and females. This project aims to deliver a series of media activities including workshops that support, encourage, motivate, and inspire a new generation of young people, help to build career paths and transition into adult life. This project primarily focuses on the minority youths, especially those that are facing multiple challenges in life as well as those who are unable to see their future positively. The project has delivered a range of activities that will make a difference in transforming the lives of these young people by providing a range of media skills, building hope and new career goals. The project took on 7th June 2023 where a major workshop was held for 30 participants. This has been followed by series of events and lectures for many participants. There are currently about 50 registered participants on the programme. There have been inspirational and motivational discussions, workshops to cover Podcasting, content creation, storytelling, Video and Photo editing. The project has provided young people with new opportunities to participate in developing quality content, engaging diverse audiences, such as unserved and underserved. The training in media skills and knowledge will create the opportunity to build long term careers for the young ones. The project activities will benefit others that are looking to serve as volunteers, as mentors, and inspiration support to the participants. The project has also helped to build strong relationships among participants and within their communities through media, allowing them to take lead in building their careers, contribute to community growth, and enable young people to work together cohesively, to debate, shape and build media contents that tell relevant stories. The participants have also built confidence, well-motivated, and have gained a sense of belonging.

Consultation with stakeholders

Consultation with stakeholdersThe company's stakeholders and the participants of the project and the resource persons who educate and champion the objects of the organisation. Below are some comments from the participants. Ms. Faith, who happens to be the Director of AWEF.uk has this to say about the programme: – “Oh the classes are packed with information, it’s very good, and very knowledgeable”. Gualo: "Glad to be here, great people and content today”. Thank you, Team Pander, Thank you Ma’am Audrey and Ma’am Eunice” Raymond: "Thanks for the opportunity. I’m grateful”, “Most grateful, Team Pander” Ben. “that’s nice” Joe. These comments are evident on our WhatsApp page created purposely for the project. The project had been advertised on all our social media handles and other avenues. Invitations were also sent through WhatsApp, Facebook, word of mouth, phone calls and all available media channels.

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
24 July 2024

And signed on behalf of the board by:
Name: ENOCH OPPONG
Status: Director