THE NEW PAN-AFRICAN MOVEMENT CIC

Company limited by guarantee

Company Registration Number:
13823964 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

THE NEW PAN-AFRICAN MOVEMENT 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

THE NEW PAN-AFRICAN MOVEMENT 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 director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Princess Moradeun Adedoyin-Solarin


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
30 September 2024

And signed on behalf of the board by:
Name: Princess Moradeun Adedoyin-Solarin
Status: Director

THE NEW PAN-AFRICAN MOVEMENT CIC

Profit And Loss Account

for the Period Ended 31 December 2023

2023 2022


£

£
Turnover: 5,440 0
Cost of sales: ( 17,630 ) 0
Gross profit(or loss): (12,190) 0
Administrative expenses: ( 55,870 ) ( 50 )
Operating profit(or loss): (68,060) (50)
Profit(or loss) before tax: (68,060) (50)
Profit(or loss) for the financial year: (68,060) (50)

THE NEW PAN-AFRICAN MOVEMENT CIC

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 0 0
Total current assets: 0 0
Creditors: amounts falling due within one year: 3 ( 57,060 ) 0
Net current assets (liabilities): (57,060) 0
Total assets less current liabilities: (57,060) 0
Creditors: amounts falling due after more than one year: 4 ( 11,050 ) ( 50 )
Total net assets (liabilities): (68,110) (50)
Members' funds
Profit and loss account: (68,110) ( 50)
Total members' funds: ( 68,110) (50)

The notes form part of these financial statements

THE NEW PAN-AFRICAN MOVEMENT 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 30 September 2024
and signed on behalf of the board by:

Name: Princess Moradeun Adedoyin-Solarin
Status: Director

The notes form part of these financial statements

THE NEW PAN-AFRICAN MOVEMENT 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

THE NEW PAN-AFRICAN MOVEMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

THE NEW PAN-AFRICAN MOVEMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 57,060 0
Total 57,060 0

THE NEW PAN-AFRICAN MOVEMENT CIC

Notes to the Financial Statements

for the Period Ended 31 December 2023

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

2023 2022
£ £
Other creditors 11,050 50
Total 11,050 50

COMMUNITY INTEREST ANNUAL REPORT

THE NEW PAN-AFRICAN MOVEMENT CIC

Company Number: 13823964 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

The Company held its first cultural event on 26th October 2023. As it was the first one, with delays beyond the Company's control, (such as securing a bank account), the event ran at a loss. Family and friends of the director provided funds and as a cultural event, it was very successful. This is an annual event and preparations are underway for the next one, with many lessons learned. The community is excited and looking forward to the event.

Consultation with stakeholders

The stakeholders are the African Diaspora in the UK, Europe, Americas and Africa. The main source of communication is via social media, regular podcasts and plenary media broadcasts which discuss current activities and cultural affairs which affect the diaspora. These activities culminate in the Aso-Ebi festival, which provides time to award key figures in the community, educate attendees about the diaspora and celebrate the Pan-African 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
30 September 2024

And signed on behalf of the board by:
Name: Angela Kelly
Status: Director