LONDON METROPOLITAN FORUM C.I.C.

Company limited by guarantee

Company Registration Number:
06784860 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

LONDON METROPOLITAN FORUM C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

LONDON METROPOLITAN FORUM C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 810 800
Gross profit(or loss): 810 800
Administrative expenses: ( 776 ) ( 975 )
Operating profit(or loss): 34 (175)
Profit(or loss) before tax: 34 (175)
Profit(or loss) for the financial year: 34 (175)

LONDON METROPOLITAN FORUM C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 34
Total current assets: 34
Creditors: amounts falling due within one year: 3 ( 175 )
Net current assets (liabilities): 34 (175)
Total assets less current liabilities: 34 ( 175)
Creditors: amounts falling due after more than one year: 4 ( 745 ) ( 570 )
Total net assets (liabilities): (711) (745)
Members' funds
Profit and loss account: (711) ( 745)
Total members' funds: ( 711) (745)

The notes form part of these financial statements

LONDON METROPOLITAN FORUM C.I.C.

Balance sheet statements

For the year ending 31 January 2024 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: Adeola Akintoye
Status: Director

The notes form part of these financial statements

LONDON METROPOLITAN FORUM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 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

LONDON METROPOLITAN FORUM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

LONDON METROPOLITAN FORUM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Other creditors 175
Total   175

LONDON METROPOLITAN FORUM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 745 570
Total 745 570

Other creditors figure shown this financial year is owed to one of the directors.

LONDON METROPOLITAN FORUM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Financial Commitments

Other creditors figure shown this financial year is owed to a director.

COMMUNITY INTEREST ANNUAL REPORT

LONDON METROPOLITAN FORUM C.I.C.

Company Number: 06784860 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

London Metropolitan Forum CIC (LMF) operates its activities in accordance with its mandate for operations. The vision of the organisation is to operate as the catalyst for transformation change in the community and society at large. LMF impacts the young adults in the community positively, shaping our generation. We do this through transforming the Eco-system of the world, influence policies, systems and structures that affect discrimination, inequality, poverty and marginalisation, to that which promote the values and principles of the Kingdom. LMF runs workshops, events, and conferences using modern technology and social media platforms. These events are run virtually and in person. LMF provides a platform for nurturing young Christians for practical impact in the society. The impactful workshops include basic financial management, back to university programmes, graduate events, career progression, preparing young adults to live fulfilling lifestyles. Employment initiates and CV writing. We establish a think-tank dedicated to addressing prevalent societal issues. We are developing the next generation of Godly leaders in core sectors of the society. LMF services are open to young adults and Christian businesses.

Consultation with stakeholders

London Metropolitan Forum (LMF) sets its activities and operations with its stakeholders in mind. Its stakeholders share the same vision and values with the organisation. Our young Adults are involved in running 90% of events and part of the activities of the organisation with supervision by directors of the organisation and assigned mentors. We hold regular meetings to discuss and deliberate on the next steps of the organisation, embracing effective changes and to implement core ethics and tools for progressing the vision of the organisation. T This approach has helped the company improve its membership rate and communication with the people of like minds and similar operations and vision. The approach has also strengthened our ability to collaborate and form partnerships for successful delivery of services.

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
31 July 2024

And signed on behalf of the board by:
Name: Adeola Akintoye
Status: Director