ENKULA WELLNESS HUB C.I.C.

Company limited by guarantee

Company Registration Number:
SC678180 (Scotland)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

ENKULA WELLNESS HUB C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

ENKULA WELLNESS HUB C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 60,865 23,863
Cost of sales: ( 57,678 ) ( 22,313 )
Gross profit(or loss): 3,187 1,550
Administrative expenses: ( 3,187 ) ( 1,550 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

ENKULA WELLNESS HUB C.I.C.

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 6,661 5,960
Total current assets: 6,661 5,960
Creditors: amounts falling due within one year: 3 ( 6,661 ) ( 5,960 )
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

ENKULA WELLNESS HUB C.I.C.

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 31 July 2024
and signed on behalf of the board by:

Name: Jonathan Ssentamu
Status: Director

The notes form part of these financial statements

ENKULA WELLNESS HUB C.I.C.

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

ENKULA WELLNESS HUB C.I.C.

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

ENKULA WELLNESS HUB C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 6,661 5,960
Total 6,661 5,960

COMMUNITY INTEREST ANNUAL REPORT

ENKULA WELLNESS HUB C.I.C.

Company Number: SC678180 (Scotland)

Year Ending: 31 October 2023

Company activities and impact

The company has actively engaged in various community-focused initiatives, aimed at fostering financial inclusion, cultural awareness, and capacity building within the African immigrant community in Scotland. Below is a summary of how our activities have benefited the community:1. Engagement and Awareness CampaignsBetween April and July, our Project Coordinator and Community Engagement Officer, alongside dedicated volunteers, embarked on a comprehensive awareness campaign to introduce our project and recruit participants. This campaign involved group conversations and interviews conducted in accessible locations, ensuring that community members could engage in culturally appropriate ways. These conversations provided a platform for individuals to share their financial journeys, from their countries of origin to their new lives in Scotland.Community Impact:- Increased awareness of financial literacy and inclusion among African immigrants, especially those from East and West Africa.- Fostered community engagement through culturally sensitive discussions, helping to bridge the gap between the financial systems of participants' home countries and Scotland.2. Collaborations with Community Groups and OrganisationsIn the initial stages of the project, we established partnerships with several community groups and organisations, including The Wee Museum, National Library Scotland, and St. Nicholas Church. These collaborations were crucial in aligning the values and outcomes of our project with the needs of the community.Community Impact:- Strengthened ties with local institutions, creating a supportive network that enhances the delivery of our project.- Provided a platform for community members to connect with cultural and educational institutions, fostering a sense of belonging and cultural preservation.3. Bi-Weekly Conversation CafesSince June last year, we have been hosting bi-weekly conversation cafes, which have become an invaluable resource for content creation and community engagement. These cafes allow participants to share their experiences in a relaxed, supportive environment.Community Impact:- Created a safe space for African immigrants to discuss their financial experiences, leading to a richer understanding of their needs and challenges.- Enhanced community cohesion by bringing together individuals from diverse backgrounds to share and learn from each other’s financial journeys.4. Targeted Participant RecruitmentWe have actively engaged with African immigrants aged 55-85 from East and West Africa, tailoring our project to better fit their needs. Additionally, we have started building a database of interested participants and are expanding our recruitment efforts to include individuals from Southern, Central, and Northern Africa.Community Impact:- Provided older African immigrants with a platform to share their financial stories, preserving their experiences for future generations.- Expanded the reach of our project, ensuring that a diverse cross-section of the African immigrant community is represented.5. Volunteer Training and Capacity BuildingWe have recruited community volunteers who are being trained in interview techniques, recording, and podcast production. This training is being delivered by professionals from our partner organization, The Living Memory Association, with ongoing support from our Community Engagement Officer.Community Impact:- Empowered community volunteers with new skills, enhancing their employability and ability to contribute to the project.- Enabled participants to share their stories through podcasts, providing them with a voice and helping to raise awareness of the financial challenges faced by African immigrants.6. Addressing Barriers to ParticipationThroughout the recruitment process, we have worked closely with our project partners to identify and address barriers that might prevent individuals from participating in our planned events. This has included logistical support, personalised engagement strategies, and efforts to make our events more accessible.Community Impact:- Increased participation rates by making events more accessible and removing barriers to entry.- Ensured that our project is inclusive and reflective of the diverse needs of the African immigrant community in Scotland.

Consultation with stakeholders

The stakeholders of our company include African immigrants aged 55-85 years, community organisations, volunteers, and partner institutions across Scotland. Our team, including the Project Coordinator and Community Engagement Officer, has extensive experience working with these communities and has developed our project model based on years of direct engagement and feedback.Upon initiating the project, we engaged with community members through group conversations and interviews conducted with cultural sensitivity and in inaccessible locations. This approach has allowed us to build a comprehensive understanding of the unique financial challenges faced by African immigrants. Our consultations have revealed a strong interest among participants in sharing their financial journeys and a need for tailored support to navigate the financial landscape in Scotland.We also asked participants in our bi-weekly conversation cafes to share their experiences and suggestions for improving the project. This feedback has been instrumental in shaping the content and direction of our activities, ensuring that they are relevant and beneficial to the community.We actively seek input from our volunteers and partner organizations, including The Living Memory Association and local community groups, to continuously refine our approach. This ongoing dialogue has helped us identify barriers to participation and implement solutions to make our project more inclusive and accessible.By maintaining open lines of communication and regularly soliciting feedback, we have been able to tailor our project to better meet the needs of our stakeholders, ensuring that our work has a meaningful and lasting impact on the community.

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
2 July 2024

And signed on behalf of the board by:
Name: Jonathan Ssentamu
Status: Director