RACE EQUALITY MATTERS CIC

Company limited by guarantee

Company Registration Number:
12818690 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 September 2022

End date: 31 January 2024

RACE EQUALITY MATTERS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

RACE EQUALITY MATTERS CIC

Directors' report period ended 31 January 2024

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

Directors

The director shown below has held office during the whole of the period from
1 September 2022 to 31 January 2024

Raj Tulsiani


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
30 August 2024

And signed on behalf of the board by:
Name: Raj Tulsiani
Status: Director

RACE EQUALITY MATTERS CIC

Profit And Loss Account

for the Period Ended 31 January 2024

17 months to 31 January 2024 2022


£

£
Turnover: 353,097 187,945
Gross profit(or loss): 353,097 187,945
Administrative expenses: ( 353,097 ) ( 187,945 )
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

RACE EQUALITY MATTERS CIC

Balance sheet

As at 31 January 2024

Notes 17 months to 31 January 2024 2022


£

£
Current assets
Cash at bank and in hand: 255,357
Total current assets: 255,357
Creditors: amounts falling due within one year: 3 ( 255,357 )
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

RACE EQUALITY MATTERS CIC

Balance sheet statements

For the year ending 31 January 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 30 April 2024
and signed on behalf of the board by:

Name: Raj Tulsiani
Status: Director

The notes form part of these financial statements

RACE EQUALITY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 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 the total invoice value, excluding value added tax, of fees earned during the year and derives from the provision of services falling within the company's ordinary activities. Turnover included within the accounts is 100% derived from the Company sponsors and recognised over the year the sponsorship agreement relates to.

RACE EQUALITY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    17 months to 31 January 2024 2022
    Average number of employees during the period 0 0

RACE EQUALITY MATTERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Creditors: amounts falling due within one year note

17 months to 31 January 2024
£
Trade creditors 255,357
Total 255,357

COMMUNITY INTEREST ANNUAL REPORT

RACE EQUALITY MATTERS CIC

Company Number: 12818690 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

The Company’s principal activity during the period was that of a community interest company focused on activities which benefit the community and in particular (without limitation) to improve race equality, diversity and inclusivity within working environments and the wider community.

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
30 August 2024

And signed on behalf of the board by:
Name: Raj Tulsiani
Status: Director