REHEMA CULTURAL ARTS CIC

Company limited by guarantee

Company Registration Number:
15200890 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 10 October 2023

End date: 30 September 2024

REHEMA CULTURAL ARTS CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

REHEMA CULTURAL ARTS CIC

Directors' report period ended 30 September 2024

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

Principal activities of the company

The principal activity of the company throughout the year was to research and experiment development on social sciences and humanities.



Directors

The director shown below has held office during the period of
1 February 2024 to 30 September 2024

Jennifer Ojosipe


The director shown below has held office during the whole of the period from
10 October 2023 to 30 September 2024

Sherry Davis


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
19 October 2024

And signed on behalf of the board by:
Name: Sherry Davis
Status: Director

REHEMA CULTURAL ARTS CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024


£
Turnover: 6,316
Cost of sales: ( 6,000 )
Gross profit(or loss): 316
Administrative expenses: ( 350 )
Operating profit(or loss): (34)
Interest receivable and similar income: 34
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

REHEMA CULTURAL ARTS CIC

Balance sheet

As at 30 September 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 3,999
Total current assets: 3,999
Net current assets (liabilities): 3,999
Total assets less current liabilities: 3,999
Accruals and deferred income: ( 3,999 )
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

REHEMA CULTURAL ARTS CIC

Balance sheet statements

For the year ending 30 September 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 19 October 2024
and signed on behalf of the board by:

Name: Sherry Davis
Status: Director

The notes form part of these financial statements

REHEMA CULTURAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 September 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 represents net invoiced sales of goods and services, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset Office Equipment at 20 percent on reducing balance Plant and Machinery at 20 percent on reducing balance

    Intangible fixed assets amortisation policy

    Amortisation is provided on all intangible assets over 6 years

REHEMA CULTURAL ARTS CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

REHEMA CULTURAL ARTS CIC

Company Number: 15200890 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

In our first year we have undertaken research of colonial era archives in African archaeology to develop a presentation and workshop on decolonising African history in partnership with University College London. We are also undertaking research that preserves lesser known traditional African music groups in partnership with the British Council and Spellcast Media which is due for dissemination and local presentations in the next financial year. We have supported local freelancers that work with the company to develop skills in measuring impact and creating sustainable community projects through Me We 360 and a grant via the Deutschebank Creative Entrepreneurs Award.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £6000. 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
19 October 2024

And signed on behalf of the board by:
Name: Ms Sherry Davis
Status: Director