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Company limited by guarantee

Company Registration Number:
12658486 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

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Contents of the Financial Statements

for the Period Ended 30 June 2024

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

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Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

CLOTILDE ABE
ATINUKE AWE


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
11 October 2024

And signed on behalf of the board by:
Name: CLOTILDE ABE
Status: Director

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Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 106,302 42,680
Cost of sales: 0 0
Gross profit(or loss): 106,302 42,680
Distribution costs: 0 0
Administrative expenses: ( 127,450 ) ( 79,580 )
Operating profit(or loss): (21,148) (36,900)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (21,148) (36,900)
Tax: 0 0
Profit(or loss) for the financial year: (21,148) (36,900)

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Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,491 4,786
Investments:   0 0
Total fixed assets: 3,491 4,786
Current assets
Stocks:   0 0
Debtors: 4 481 0
Cash at bank and in hand: 6,200 15,752
Investments:   0 0
Total current assets: 6,681 15,752
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 17,990 ) ( 7,208 )
Net current assets (liabilities): (11,309) 8,544
Total assets less current liabilities: (7,818) 13,330
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (7,818) 13,330
Members' funds
Profit and loss account: (7,818) 13,330
Total members' funds: ( 7,818) 13,330

The notes form part of these financial statements

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Balance sheet statements

For the year ending 30 June 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 11 October 2024
and signed on behalf of the board by:

Name: CLOTILDE ABE
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 30 June 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: Computer Equipment 25% straight line

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Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

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Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 6,382 6,382
Additions 400 400
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 30 June 2024 6,782 6,782
Depreciation
At 1 July 2023 1,596 1,596
Charge for year 1,695 1,695
On disposals 0 0
Other adjustments 0 0
At 30 June 2024 3,291 3,291
Net book value
At 30 June 2024 3,491 3,491
At 30 June 2023 4,786 4,786

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Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Debtors

2024 2023
£ £
Trade debtors 481 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 481 0
Debtors due after more than one year: 0 0

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Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Taxation and social security 11,022 2,792
Accruals and deferred income 1,021 1,020
Other creditors 5,947 3,396
Total 17,990 7,208

COMMUNITY INTEREST ANNUAL REPORT

FIVE X MORE CIC

Company Number: 12658486 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Five X More is a grassroots organisation with the primary goal to reduce the disparities Black women and people Assigned Femal At Birth (AFAB) face in maternity. Five X More started in 2019. Please see a summary below of the activities that Five X More carried out during this accounting period to benefit the community: 1) Curated the ‘Women’s Health Summit 2023’ which took place at the Royal College of Obstetricians and Gynaecologists. The summit explored the incredible life cycle of women and people AFAB, graduating from pre-teens all the way through to pregnancy and beyond, with a decorated panel of keynote speakers. 2) Organised an online ‘Awareness Week’ for black women’s maternal health with support from various celebrity figures, in additional to organisations such as Petals, Tommy’s, The Miscarriage Organisation, Pregnancy Support Sickness, Beyond Strength and many more. 3) Attended our annual APPG (All Party Parliamentary group) where our leading representatives attend parliament to talk about issues surrounding black women’s maternal health and debate associated topics with the MPs in attendance 4) Hosted various webinars throughout the year to deliver educational information surrounding black women’s maternal health to hospitals and universities. We delivered these webinars to King’s College Hospital, Lewisham Hospital, Guys and St Thomas Hospital to name a few.

Consultation with stakeholders

The company's stakeholders are women who use our resources. The directors of the company have experienced maternal disparities and use their experience, alongside feedback from other women who have had similar experiences, to ensure that Five X More meets their needs. Other stakeholders include healthcare professionals within the maternity sector, who advise on the support that the NHS need.

Directors' remuneration

Total Directors Remuneration received in the year to 30/06/2024 was £27,387.06: £13,666.66 for each director. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 October 2024

And signed on behalf of the board by:
Name: CLOTILDE ABE
Status: Director