JAMILA'S LEGACY CIC

Company limited by guarantee

Company Registration Number:
14082712 (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

JAMILA'S LEGACY 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

JAMILA'S LEGACY 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

Principal activities of the company

The principal activity of the company during the year under review was educational support services



Directors

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

F.R. Khalifa
A. Seedat
R. Sidat


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
14 October 2024

And signed on behalf of the board by:
Name: R. Sidat
Status: Director

JAMILA'S LEGACY CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 13 months to 31 May 2023


£

£
Turnover: 43,763 12,075
Cost of sales: ( 39,279 ) ( 5,616 )
Gross profit(or loss): 4,484 6,459
Distribution costs: ( 806 )
Administrative expenses: ( 4,687 ) ( 2,968 )
Other operating income: 7,442 525
Operating profit(or loss): 6,433 4,016
Profit(or loss) before tax: 6,433 4,016
Tax: ( 1,244 ) ( 754 )
Profit(or loss) for the financial year: 5,189 3,262

JAMILA'S LEGACY CIC

Balance sheet

As at 31 May 2024

Notes 2024 13 months to 31 May 2023


£

£
Fixed assets
Tangible assets: 3 678 52
Total fixed assets: 678 52
Current assets
Debtors: 4 31,170 111
Cash at bank and in hand: 64,565 10,190
Total current assets: 95,735 10,301
Creditors: amounts falling due within one year: 5 ( 87,820 ) ( 7,090 )
Net current assets (liabilities): 7,915 3,211
Total assets less current liabilities: 8,593 3,263
Provision for liabilities: ( 142 ) ( 1 )
Total net assets (liabilities): 8,451 3,262
Members' funds
Profit and loss account: 8,451 3,262
Total members' funds: 8,451 3,262

The notes form part of these financial statements

JAMILA'S LEGACY 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 14 October 2024
and signed on behalf of the board by:

Name: R. Sidat
Status: Director

The notes form part of these financial statements

JAMILA'S LEGACY 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; the amount of revenue can be measured reliably; it is probable that the economic benefits associated with the transaction will flow to the Company; and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Furniture, fittings and equipment 25% reducing balance

    Other accounting policies

    Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from the surplus as reported in the income and expenditure account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Current or deferred tax for the year is recognised in the income and expenditure account, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

JAMILA'S LEGACY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 13 months to 31 May 2023
    Average number of employees during the period 0 0

JAMILA'S LEGACY 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 70 70
Additions 876 876
Disposals
Revaluations
Transfers
At 31 May 2024 946 946
Depreciation
At 1 June 2023 18 18
Charge for year 250 250
On disposals
Other adjustments
At 31 May 2024 268 268
Net book value
At 31 May 2024 678 678
At 31 May 2023 52 52

JAMILA'S LEGACY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 13 months to 31 May 2023
£ £
Trade debtors 31,150
Prepayments and accrued income 20 111
Total 31,170 111

JAMILA'S LEGACY CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 13 months to 31 May 2023
£ £
Trade creditors 50
Taxation and social security 1,103 753
Accruals and deferred income 86,667 6,337
Total 87,820 7,090

COMMUNITY INTEREST ANNUAL REPORT

JAMILA'S LEGACY CIC

Company Number: 14082712 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Jamila’s Legacy is non-profit organisation that supports and educates communities and organisations in mental health wellbeing. Jamila’s Legacy is a non-profit organisation that offers advice, advocacy, support, health well-being and supporting others. Our primary focus is prevention and early intervention through increasing awareness, training and developing resilience. We have been working at a community and grassroots level, engaging with ethnic minority communities, and have developed an understanding of their needs, barriers and challenges. We know that stigma and shame around mental health still exists and in some ethnic minority communities there can be additional barriers and challenges to opening up or seeking help due to family and community expectations and or some cultural norms and beliefs. Our vision is to normalise mental health conversations and create a society where people with mental health problems are accepted, valued and feel they belong. Our mission is to educate, build confidence and empower people with mental health problems so that they are well informed of their rights and choices, are able to maintain their own mental wellbeing and become confident self-advocates. In the past year we have supported more than 1,200 people with mental health problems such as anxiety, depression and other complex or long-term mental health conditions. We have supported children, young people and adults of all ages through our various projects and activities. The support has been provided via a listening service, money and debt advice sessions, WhatsApp group, support via our website and social media, training courses offered online and in person, The Young People’s Project, The Women’s Mental Health Wellbeing Project, Mental Wellbeing Mondays and Men’s mental health online and Covid related bereavement support which resulted in a memorial event attended by more than 80 people. In addition, we supported newly arrived asylum seekers and refugee families who were. struggling with mental health problems such as Post Traumatic Stress Disorder (PTSD). As the demand for our services continues to grow, our primary focus is on sustaining our existing projects and services and expanding those services through further collaborations and partnerships.

Consultation with stakeholders

Our stakeholders are individuals, donors, funders and organisations. These include participants and clients who access our services and projects and organisations that commission us for our training and consultancy services. We regularly evaluate our services and activities through feedback forms, surveys, and consultations. These processes enable us to learn, grow, improve, identify needs, and develop our services and plan for the future.

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
14 October 2024

And signed on behalf of the board by:
Name: R. Sidat
Status: Director