UKBFTOG CIC

Company limited by guarantee

Company Registration Number:
14538562 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 13 December 2022

End date: 31 December 2023

UKBFTOG CIC

Contents of the Financial Statements

for the Period Ended 31 December 2023

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

UKBFTOG CIC

Directors' report period ended 31 December 2023

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

Directors

The directors shown below have held office during the whole of the period from
13 December 2022 to 31 December 2023

Jemella Ukaegbu
Leeonda Alfred


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
19 August 2024

And signed on behalf of the board by:
Name: Jemella Ukaegbu
Status: Director

UKBFTOG CIC

Profit And Loss Account

for the Period Ended 31 December 2023

13 months to 31 December 2023


£
Turnover: 40,100
Cost of sales: ( 9,018 )
Gross profit(or loss): 31,082
Administrative expenses: ( 5,922 )
Operating profit(or loss): 25,160
Profit(or loss) before tax: 25,160
Tax: ( 4,780 )
Profit(or loss) for the financial year: 20,380

UKBFTOG CIC

Balance sheet

As at 31 December 2023

Notes 13 months to 31 December 2023


£
Current assets
Cash at bank and in hand: 25,610
Total current assets: 25,610
Creditors: amounts falling due within one year: 3 ( 5,230 )
Net current assets (liabilities): 20,380
Total assets less current liabilities: 20,380
Total net assets (liabilities): 20,380
Members' funds
Profit and loss account: 20,380
Total members' funds: 20,380

The notes form part of these financial statements

UKBFTOG CIC

Balance sheet statements

For the year ending 31 December 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 19 August 2024
and signed on behalf of the board by:

Name: Jemella Ukaegbu
Status: Director

The notes form part of these financial statements

UKBFTOG CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

UKBFTOG CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    13 months to 31 December 2023
    Average number of employees during the period 0

UKBFTOG CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

13 months to 31 December 2023
£
Taxation and social security 4,780
Accruals and deferred income 450
Total 5,230

COMMUNITY INTEREST ANNUAL REPORT

UKBFTOG CIC

Company Number: 14538562 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

Exhibitions We done 3 Exhibitions of over 51 community members work, one in Covent Garden, Birmingham and Bath. It gave community members experience of other people being able to see their work on a wider scale of different kinds of people and also within the photography industry from Photography magazine companies and photography companies that they can potentially work with. Most community members are now published in magazines because of the exhibitions, being able to add published photographer to their media CV allows them to apply for higher level jobs. It was able to give them experience, preparing their images, working with press and writing artist statements, curating an exhibition. Workshops & Meet ups In our exhibitions we ran workshops and panel discussions. Workshops ran were studio workshops, led by pro photographers from the community, which we are able to fund them teaching our community members studio lighting. This gives our members the confidence to light their clients in the studios, making them confident enough to charge their clients, knowing they can deliver a service. We had workshops running from third party photography companies that taught our community members other ways in which they could financially make money from photography in stock imaging. We also had inspirational meet ups like vision board parties, these are arts and craft workshops to help community members set goals for the year bother personally and photography. Panel discussions so that our community members can hear the stories of other photographers or people who work in the photography industry, providing them with insight and motivation. What was more amazing is and the most biggest impact is our London Exhibition won ‘Reader’s Choice Exhibition Of The Year’ Our cumminity members are able to add this to their accolade, it also gave them the confidence about their work especially for most of the photographers who exhibited this was their first experience of being apart of an exhibition. Interviews Working with photography companies who financially pay the community to highlight and bring awareness the community to find more UK Black Female Photographers. Community members who are involved with the video were supported financially. Doing awareness videos also it helps more companies see what we do for the community to provide financial support to put on Workshops and meet ups or provide opportunities that can help the community build their portfolio and experience. Exhibition in Bath, Community members are able to be apart of an exhibition that is touring, each community member who work was exhibited receiver an artist Fee. Social Gatherings, bringing the community together with their families and friends and the photography companies that have supported the community. Celebrate what they have been able to achieve in the year, highlighted and awarded community members for efforts and accomplishments that they have done.

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
19 August 2024

And signed on behalf of the board by:
Name: Jemella Ukaegbu
Status: Director