WOMEN WITH WINGS CIC

Company limited by guarantee

Company Registration Number:
11982573 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

WOMEN WITH WINGS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

WOMEN WITH WINGS CIC

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Jasmin Bakhre


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
2 October 2024

And signed on behalf of the board by:
Name: Jasmin Bakhre
Status: Director

WOMEN WITH WINGS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 35,410 23,598
Cost of sales: ( 15,995 ) ( 7,772 )
Gross profit(or loss): 19,415 15,826
Administrative expenses: ( 22,012 ) ( 18,459 )
Operating profit(or loss): (2,597) (2,633)
Interest receivable and similar income: 44 24
Profit(or loss) before tax: (2,553) (2,609)
Tax: ( 5 )
Profit(or loss) for the financial year: (2,553) (2,614)

WOMEN WITH WINGS CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,072 1,808
Total fixed assets: 1,072 1,808
Current assets
Debtors: 4 3,666 9,105
Cash at bank and in hand: 11,435 14,151
Total current assets: 15,101 23,256
Creditors: amounts falling due within one year: 5 ( 5,000 ) ( 11,338 )
Net current assets (liabilities): 10,101 11,918
Total assets less current liabilities: 11,173 13,726
Total net assets (liabilities): 11,173 13,726
Members' funds
Profit and loss account: 11,173 13,726
Total members' funds: 11,173 13,726

The notes form part of these financial statements

WOMEN WITH WINGS CIC

Balance sheet statements

For the year ending 31 May 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 2 October 2024
and signed on behalf of the board by:

Name: Jasmin Bakhre
Status: Director

The notes form part of these financial statements

WOMEN WITH WINGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures and Fittings 20 Computer Equipment 20

WOMEN WITH WINGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

WOMEN WITH WINGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 1,992 1,687 3,679
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 1,992 1,687 3,679
Depreciation
At 1 June 2023 1,195 676 1,871
Charge for year 398 338 736
On disposals
Other adjustments
At 31 May 2024 1,593 1,014 2,607
Net book value
At 31 May 2024 399 673 1,072
At 31 May 2023 797 1,011 1,808

WOMEN WITH WINGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Other debtors 3,666 9,105
Total 3,666 9,105

WOMEN WITH WINGS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 127
Accruals and deferred income 5,000 10,400
Other creditors 811
Total 5,000 11,338

COMMUNITY INTEREST ANNUAL REPORT

WOMEN WITH WINGS CIC

Company Number: 11982573 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Women with Wings CIC is an organisation that supports and empowers women, especially those who are non-English speaker to integrate into employment to better themselves. With English not being their first language, many Women need help and support gaining the tools to thrive, flourish and better themselves in the western working world. We aim to support women to move a step closer to employment by reducing barriers they are facing such as childcare, skills, locations with cost of travel, confidence, language, domestic abuse and poverty. Over the past financial year, we have been supporting our Little Hulton community and other neighbourhood communities through 3 different projects. 1.We have been working together with Salford Digital Inclusion Team to reduce the barrier of Technology knowledge in our community. We have run a project where we support women with their digital issues by supporting them and sign posting them to an appropriate organisation for more support they need. We run a digital support session once a week at our business centre where we helped women in different ways including: - Filling online form for work, education or benefits Make GP appointment/request medication online Apply for school for their children Apply for children uniform from charities that support Browse for other websites for their help needed. Setting and open email accounts 2. Another project we had run is Chit Chat English Cafe, where women come together for a coffee and a chat to improve their English. This project run once a week at our business centre in Little Hulton. We have seen a big impact in our community with this project, as our Little Hulton community has become a multiculture community with different culture from different background. The project help and support women to improve their language barrier and get the hope to engage in the community. 3. Also, we run an Adult Art session to bring women together to reduce isolation. Many women especially from BAME background or older age finding hard and difficult to engage with others in the community. This project brings them together and create a safe space where they can feel comfortable to interact with each other, making friends and build a strong community cohesion. This project has been very popular and we see an increase in the impact to the women in the community. 4. On top of that we have been running different events in our communities to bring awareness of African Culture. This project was a series of different events in different parts of Manchester to bring awareness and educate our communities with African cultural. The project overseen all African culture stuff including food, marriage, traditional dress, parenting and upbringing and many more. The project touched five parts of Africa continent which are: East Africa West Africa

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
2 October 2024

And signed on behalf of the board by:
Name: Jasmin Bakhre
Status: Director