BE WATER HONGKONGERS CIC

Company limited by guarantee

Company Registration Number:
14135209 (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

BE WATER HONGKONGERS CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

BE WATER HONGKONGERS CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 19,319 3,582
Cost of sales: ( 18,759 ) ( 1,920 )
Gross profit(or loss): 560 1,662
Distribution costs: 0 0
Administrative expenses: ( 694 ) 0
Other operating income: 0 0
Operating profit(or loss): (134) 1,662
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (134) 1,662
Tax: 0 ( 326 )
Profit(or loss) for the financial year: (134) 1,336

BE WATER HONGKONGERS CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 150 150
Investments:   0 0
Total fixed assets: 150 150
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 4,183 13,288
Investments:   0 0
Total current assets: 4,183 13,288
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 4,183 13,288
Total assets less current liabilities: 4,333 13,438
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 2,832 ) ( 11,476 )
Total net assets (liabilities): 1,501 1,962
Members' funds
Profit and loss account: 1,501 1,962
Total members' funds: 1,501 1,962

The notes form part of these financial statements

BE WATER HONGKONGERS 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 4 November 2024
and signed on behalf of the board by:

Name: WING KIU KOO
Status: Director

The notes form part of these financial statements

BE WATER HONGKONGERS 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

    Other accounting policies

    Accrual basis for related income and expenses.

BE WATER HONGKONGERS CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

BE WATER HONGKONGERS 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 0 0 0 150 0 150
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 May 2024 0 0 0 150 0 150
Depreciation
At 1 June 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 May 2024 0 0 0 0 0 0
Net book value
At 31 May 2024 0 0 0 150 0 150
At 31 May 2023 0 0 0 150 0 150

COMMUNITY INTEREST ANNUAL REPORT

BE WATER HONGKONGERS CIC

Company Number: 14135209 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

BE WATER HONGKONGERS was founded as a Community Interest Company (CIC) in May 2022 by a group of Hongkongers in Birmingham UK, carrying forward the flexible and spirit of "Be Water" as enshrined by the Hongkongers. Through organisations of various gatherings and activities. BE WATER HONGKONGERS CIC is aimed to: - Cultivate a closely-knit, mutually helping and self-empowering community of Hongkongers in the UK. - Engage the Hongkongers community with the local UK society, to promote mutual understanding and respect. Activities held in the year of 1June 2023 to 31 May 2024 include: - Celebrate Lunar new year lunch (17" Feb 2024): Building up social and support for Hongkongers to gathering and celebrate Lunar new year. KNOW UK MORE Series: - Football Fun Days (Saturdays afternoon from Jun 2023 to May 2024): Providing opportunities for Hongkongers to play football. Knowing more friends and building up social networks through sports exercises. - Badminton Fun Days (19" Aug 2023, 16 Sept 2023, 26" Nov 2023, Jan-Mar 2024): Providing opportunities for Hongkongers to play badminton. Knowing more friends, reducing their risk of major illnesses and making a healthier and happier life. - UK Driving Survival Workshop (3"* June 2023): Sharing knowledge on basic techniques ot check safety of a cars, routine maintenance and some survival tips for emergency situations. - Free Photo exhibition Mark Lee - Refugee week carnival 2023 (24* June 2023): Photo exhibition for 73 countries by Mark Lee. Sharing his traveling experience and stories. - Cadbury World for the elderly (20* Sept 2023): Building up social and support network for elderly participants and enjoying the theme park tour. - Board games (10" Feb 2024, 2Mar 2024, 20" Apr 2024): Providing an opportunity for Hongkongers keeping in touch with board games gathering, also leaning various board games at the same time. - Horse riding (3rd Jan 2024, 29th Mar 2024): Introduce a local popular sport for our community. TOGETHER NI SOLIHULL (19TH - 20TH June 2023) - Photo exhibition, Cantonese opera, Solo performance, Lion head workshop. There were held in the Solihull town centre with Solihull council. An opportunity to reflect our arts and culture to local people. On social impact, it ensures that more than thousand people (not only Hongkongers, but also local fellows) have joined our CIC's activities in the year 2023-2024. Large crowd of participants were noted especially for the Refugee week and Lunar new year lunch. We have established a football club, BE WATER FOOTBALL CLUB, and meet our community regularly to play football. Many related activities were also held for members. They supported each other and became friendly, establishing a relationship of mutual love and mutual help. We have recruited many volunteers, which will be of great help to our future development. Various benefits to the participants and the community were noted: - Practical knowledge on living in UK - Meaningful leisure and social activities - Festive gathering and social networking - UK-HK cultural reflection - Knowing various local community organisations - Learn new skills and popular sports activities - Build up self confidence - Reduce cultural differences and bring people closer together - Target different age groups and benefit the community Generally speaking, we are confident that the various activities done by the BE WATER HONGKONGERS CIC in the year of 2023-2024 catered for the BN(O) visa holders newly arriving in the UK. They covered the demands of elderly, youths, parents, children, sports-loving people and many people.

Consultation with stakeholders

The CIC's stakeholders are BNO Hongkongers newly settled in the UK, especially Birmingham area, The directors of the CIC are also Hongkongers who have started their new lives in the past few years. Therefore, the CIC was established under the broader sense of facilitating mutual help and support. In all events we organise, we tried to ask for the feedback from the participants (face-to-face conversation where possible, while using questionnaire in other cases). These valuable opinions helped us to design any follow-up activities or adjust our managing. Social media platforms of CIC's dedicated Facebook page and Instagram page are also important channels for us to keep in touch with our fellow stakeholders. Pages were updated and monitored regularly. Messages containing opinions and feedback from stakeholders were received from time to time, kicking off interactive online conversation. Ideas and suggestions were therefore concluded from these opinions.

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
4 November 2024

And signed on behalf of the board by:
Name: WING KIU KOO
Status: Director