SAVING PUNJAB CIC

Company limited by guarantee

Company Registration Number:
13892609 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 1 March 2023

End date: 28 February 2024

SAVING PUNJAB CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

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

SAVING PUNJAB CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal activities of the company

Research based organisation using primary and secondary research to raise awareness in the diaspora about Punjab's issues.



Directors

The director shown below has held office during the whole of the period from
1 March 2023 to 28 February 2024

G Rehal


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
28 November 2024

And signed on behalf of the board by:
Name: G Rehal
Status: Director

SAVING PUNJAB CIC

Profit And Loss Account

for the Period Ended 28 February 2024

2024 13 months to 28 February 2023


£

£
Turnover: 24,307 0
Cost of sales: 0 0
Gross profit(or loss): 24,307 0
Administrative expenses: ( 18,916 ) 0
Operating profit(or loss): 5,391 0
Profit(or loss) before tax: 5,391 0
Tax: ( 1,024 ) 0
Profit(or loss) for the financial year: 4,367 0

SAVING PUNJAB CIC

Balance sheet

As at 28 February 2024

Notes 2024 13 months to 28 February 2023


£

£
Current assets
Cash at bank and in hand: 6,232 0
Total current assets: 6,232 0
Creditors: amounts falling due within one year: 3 ( 1,865 ) 0
Net current assets (liabilities): 4,367 0
Total assets less current liabilities: 4,367 0
Total net assets (liabilities): 4,367 0
Members' funds
Profit and loss account: 4,367 0
Total members' funds: 4,367 0

The notes form part of these financial statements

SAVING PUNJAB CIC

Balance sheet statements

For the year ending 28 February 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 28 November 2024
and signed on behalf of the board by:

Name: G Rehal
Status: Director

The notes form part of these financial statements

SAVING PUNJAB CIC

Notes to the Financial Statements

for the Period Ended 28 February 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 made up of donations made during the year.

SAVING PUNJAB CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024 13 months to 28 February 2023
    Average number of employees during the period 1 1

SAVING PUNJAB CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Creditors: amounts falling due within one year note

2024 13 months to 28 February 2023
£ £
Taxation and social security 1,024 0
Accruals and deferred income 841 0
Total 1,865 0

SAVING PUNJAB CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Financial Commitments

The director is not aware of any contingent liabilities.

COMMUNITY INTEREST ANNUAL REPORT

SAVING PUNJAB CIC

Company Number: 13892609 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

Saving Punjab CIC is a research based on organisation, using primary and secondary research to raise awareness in the diaspora about Punjab issues. Saving Punjab assists students in the UK with their final year research projects, holds regular university society seminars and think tanks, and social events for Punjabis to come together and learn more about their history, collaborating on what sustainable solutions could be implemented in the region and further expand their knowledge on Punjab.

Consultation with stakeholders

The company's stakeholders are the Punjabi diaspora in the UK. We regularly engage with young and old members of the community through our events and take feedback on a one-to-one basis and in small groups. Feedback regarding the projects Saving Punjab is carrying out has been positive, and no actions are to be taken.

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
28 November 2024

And signed on behalf of the board by:
Name: G S Rehal
Status: Director