POISED2EXCEL CIC

Company limited by guarantee

Company Registration Number:
13727605 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

POISED2EXCEL CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

POISED2EXCEL CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

As a community; we all agreed to organize integration and confidence-building programs for women in difficult situations. The support helps the Black and Minority Ethnicity community living in Wardley and surrounding areas integrate quickly.

Political and charitable donations

For the year under review the company did not make any political or charitable donations.

Company policy on disabled employees

The company policy is to employ disabled people whenever possible in line with the provisions of the Equality Act 2010. For the year under review no employee was entered into the staff register as disabled.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

TENDAI, Lynette
MASVAYA, Rachel


Secretary TENDAI, Lynette

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
3 September 2024

And signed on behalf of the board by:
Name: TENDAI, Lynette
Status: Secretary

POISED2EXCEL CIC

Balance sheet

As at 30 November 2023

Notes 2023 13 months to 30 November 2022


£

£
Current assets
Debtors:   0 0
Cash at bank and in hand: 7,689 2
Total current assets: 7,689 2
Creditors: amounts falling due within one year: 3 ( 378 ) 0
Net current assets (liabilities): 7,311 2
Total assets less current liabilities: 7,311 2
Total net assets (liabilities): 7,311 2
Members' funds
Profit and loss account: 7,311 2
Total members' funds: 7,311 2

The notes form part of these financial statements

POISED2EXCEL CIC

Balance sheet statements

For the year ending 30 November 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 September 2024
and signed on behalf of the board by:

Name: TENDAI, Lynette
Status: Director

The notes form part of these financial statements

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 13 months to 30 November 2022
    Average number of employees during the period 2 2

POISED2EXCEL CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 13 months to 30 November 2022
£ £
Trade creditors 350 0
Other creditors 28 0
Total 378 0

COMMUNITY INTEREST ANNUAL REPORT

POISED2EXCEL CIC

Company Number: 13727605 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Our community group was formed to support the BME community living in Wardley and surrounding areas. It all started with conversations with other BME parents during school runs and we all suggested that having a support network group would be ideal. We organized ourselves to form a committee and we have been running our project for the past few months and we have had quite a few community members getting in touch and seeking social support. As a community we organize integration and confidence-building programs for women in difficult situations and the support we provide helps the Black and Minority Ethnicity community living in Wardley and all near surrounding areas. We organize a number of social activities which includes walks; healthy drinks tea; or coffee in safe environments and this allows for conversations to brew and this helps improve mental and physical well-being thereby avoiding preventable health problems. During the period under review we received funding from The National Lottery Community Fund and the funds were used to hold events and social activities which benefited the community in Wardley mainly the target social group which is the BME Community. The activities entailed social meetings; coffee mornings and a get together event where people shared many stories and experiences and food and refreshments were provided for the event.

Consultation with stakeholders

The company’s stakeholders include residents and visitors of Wardley and the surrounding areas of Gateshead Borough. The directors of the company have a strong connection with the catchment area having lived and worked in the surrounding catchment area. During the period under review our stakeholders were consulted through a wide research program, this was followed up by consultations of over 100 people from the BAME community; parents; refugees and asylum seekers; and local schools. To cover a wide base of consolations we used a varied medium of consultation’s which included online group discussions; What’s App Group Chats; TEAMS and ZOOM online meetings and face to face focus groups. During these discussions; it was highlighted that most people were struggling with their mental wellbeing; post-traumatic stress from their past life experiences before arriving into the UK and other related problems. The group discussions, brainstormed and explored ways in which mental well-being could be improved. To encourage people to attend the sessions we provide healthy drinks and light refreshments to our volunteers and project workers and all attendees.

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
5 September 2024

And signed on behalf of the board by:
Name: TENDAI, Lynette
Status: Director