NAYA QADAM C.I.C.

Company limited by guarantee

Company Registration Number:
12123484 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

NAYA QADAM C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NAYA QADAM C.I.C.

Directors' report period ended 31 July 2024

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

Directors

The director shown below has held office during the whole of the period from
1 August 2023 to 31 July 2024

Viquar Qurashi


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
20 November 2024

And signed on behalf of the board by:
Name: Viquar Qurashi
Status: Director

NAYA QADAM C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 2,539 3,174
Total fixed assets: 2,539 3,174
Current assets
Cash at bank and in hand: 79,962 84,714
Total current assets: 79,962 84,714
Creditors: amounts falling due within one year: 4 ( 45,670 ) ( 45,669 )
Net current assets (liabilities): 34,292 39,045
Total assets less current liabilities: 36,831 42,219
Total net assets (liabilities): 36,831 42,219
Members' funds
Profit and loss account: 36,831 42,219
Total members' funds: 36,831 42,219

The notes form part of these financial statements

NAYA QADAM C.I.C.

Balance sheet statements

For the year ending 31 July 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 November 2024
and signed on behalf of the board by:

Name: Viquar Qurashi
Status: Director

The notes form part of these financial statements

NAYA QADAM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 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

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Computer Equipment at 20% Plant & Machinery at 20%

    Other accounting policies

    Going Concern The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

NAYA QADAM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

NAYA QADAM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 4,105 2,095 6,200
Additions
Disposals
Revaluations
Transfers
At 31 July 2024 4,105 2,095 6,200
Depreciation
At 1 August 2023 2,003 1,023 3,026
Charge for year 420 215 635
On disposals
Other adjustments
At 31 July 2024 2,423 1,238 3,661
Net book value
At 31 July 2024 1,682 857 2,539
At 31 July 2023 2,102 1,072 3,174

NAYA QADAM C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Accruals and deferred income 479 478
Other creditors 45,191 45,191
Total 45,670 45,669

COMMUNITY INTEREST ANNUAL REPORT

NAYA QADAM C.I.C.

Company Number: 12123484 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

1.Rehabilitation of Amputees: production and fitting of low-cost prosthesis, rehabilition services and emotional support to amputees in underdeveloped world. helping them reintegrate into communities and regain independence. 2.The training of orthopaedic, orthotic and prosthetic technical skills to Healthcare workers in the areas visited. Access to Clean Water and Sanitation: Improve heath and hygiene by constructing wells, water filtration systems and sanitary facilies in rural area of underdeveloped world Education Scholarships for Poor Students: Equipping individuals, especially women and youth.

Consultation with stakeholders

Prosthesis: The key stakeholders are donors, amputees & local healthcare professionals who receive training from Naya Qadam C.I.C. We consult with donors providing them an option on how and where they would like their money spent: some donors can specify that their funds be spent on manufacturing of prosthesis in certain village or town. Amputees are consulted extensively at all stages during the prosthesis manufacturing process. Personalised feedback, on fit and durability of the prosthesis, is collected from the patients and is used to improve quality our services. We are also in regular conversation with local healthcare professionals such as orthotic technicians in the regions we work or plan to work. Our training is tailor made to their needs, & can be adjusted to meet any specific regional needs. Water Well & water Filtration: Key stakeholder are again the donors, local communities and local sponsers who have the responsibility of day to dasy running and managing the Well/ filtration plant. Higher Education and Mentoring: Key stackholders are donor who either recommend or approve the students in need of financial help or career guidance to further excel in their chosen fields.

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
20 November 2024

And signed on behalf of the board by:
Name: Viquar Qurashi
Status: Director