Contents of the Financial Statements
for the Period Ended 31 March 2024
Directors' report period ended
31 March 2024
The directors present their report with the financial statements of the company for the period ended 31 March 2024
Principal activities of the company
Miss Trans Global Organisation CIC is a community interest company dedicated to advocating for the rights and visibility of transgender individuals globally. The organisation aims to empower transgender people by providing a platform for representation, education, and advocacy.
1. Annual Pageant Convention: The cornerstone of Miss Trans Global Organisation CIC's activities is its annual pageant convention, which serves as an international platform to celebrate and uplift transgender women immigrants in the UK and beyond. This event showcases the talent, intelligence, and beauty of transgender women from around the world living in the UK, offering them an opportunity to share their stories and experiences.
2. Advocacy and Campaigns: The organisation is deeply involved in advocacy work, promoting the rights and welfare of transgender individuals. This includes launching campaigns to raise awareness about the challenges faced by the transgender community, such as discrimination, violence, and lack of access to healthcare.
3. Educational Initiatives: Miss Trans Global Organisation CIC conducts various educational programmes aimed at both the transgender community and the general public. These initiatives focus on promoting understanding and acceptance of transgender people, as well as providing valuable information on health, legal rights, and personal development.
4. Support Services: The organisation offers support services to transgender immigrants, including finding information on where to get counselling, mentorship, and networking opportunities. These services are designed to help transgender people build confidence, develop skills, and connect with others in the community.
5. Community Engagement: Engaging with the broader community is a key aspect of Miss Trans Global Organisation CIC's work. The organisation collaborates with other LGBTQ+ groups, human rights organisations, and other non-governmental bodies to promote inclusivity and equality.
6. Fundraising and Grants: To sustain its activities, Miss Trans Global Organisation CIC undertakes various fundraising efforts and applies for grants. The funds raised are utilised to support the pageant, educational programmes, and other advocacy activities.
In conclusion.
Miss Trans Global Organisation CIC plays a crucial role in advocating for transgender rights and providing a supportive platform for transgender women from different parts of the world. Through its diverse range of activities, the organisation continues to make significant strides towards achieving greater visibility, acceptance, and equality for the transgender community.
Company policy on disabled employees
The Directors of Miss Trans Global Organisation CIC are committed to promoting an inclusive and supportive workplace environment for all employees, including those with disabilities. Our policy is designed to ensure that disabled employees and volunteers are provided with the necessary support and accommodations to perform their roles effectively and to thrive within our organisation.
1. Equal Opportunities:
Miss Trans Global Organisation CIC is dedicated to providing equal employment opportunities to all individuals, regardless of their disabilities. We adhere to the principles of non-discrimination and equal treatment in all aspects of employment, including recruitment, training, career development, and promotion.
2. Reasonable Adjustments:
We recognise the importance of making reasonable adjustments to facilitate the employment of disabled individuals. This includes modifying workstations, providing assistive technologies, and making adjustments to work schedules or duties as necessary to accommodate specific needs.
3. Accessibility:
Our commitment extends to ensuring that our physical and digital work environments are accessible to all employees. We regularly review and update our facilities and online platforms to remove barriers and improve accessibility.
4. Training and Awareness:
We provide ongoing training and awareness programmes for all staff to foster an understanding and supportive culture regarding disability issues. This includes training on the legal rights of disabled employees and best practices for creating an inclusive workplace.
5. Support and Resources:
Miss Trans Global Organisation CIC offers a range of support services and resources to disabled employees, including access to occupational health services, employee assistance programmes, and disability-specific support networks.
6. Feedback and Improvement:
We actively seek feedback from our disabled employees and regularly review our policies and practices to identify areas for improvement. Our goal is to continually enhance our support mechanisms and ensure that our workplace remains inclusive and accommodating.
7. Compliance:
Our policy complies with all relevant legislation, including the Equality Act 2010, and reflects best practice standards in disability inclusion.
The Directors of Miss Trans Global Organisation CIC are committed to upholding these principles and ensuring that our workplace is a welcoming and empowering environment for disabled employees. We believe that diversity and inclusion are fundamental to the success of our organisation and the fulfilment of our mission.
The Directors of Miss Trans Global Organisation CIC are committed to upholding these principles and ensuring that our workplace is a welcoming and empowering environment for disabled employees. We believe that diversity and inclusion are fundamental to the success of our organisation and the fulfilment of our mission.
Directors
The directors shown below have held office during the whole of the period from
1 April 2023
to
31 March 2024
Deban Aderemi
Susan Eigbefoh
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 December 2024
And signed on behalf of the board by:
Name: Deban Aderemi
Status: Director
Balance sheet
As at
31 March 2024
|
Notes |
2024
|
2023
|
|
|
£
|
£
|
Fixed assets |
Intangible assets: |
|
0
|
0
|
Total fixed assets: |
|
0
|
0
|
Current assets |
Cash at bank and in hand: |
|
341
|
787
|
Total current assets: |
|
341
|
787
|
Net current assets (liabilities): |
|
341
|
787
|
Total assets less current liabilities: |
|
341
|
787
|
Total net assets (liabilities): |
|
341
|
787
|
Members' funds |
Profit and loss account: |
|
341
|
787
|
Total members' funds: |
|
341
|
787
|
The notes form part of these financial statements
Balance sheet statements
For the year ending 31 March 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
30 December 2024
and signed on behalf of the board by:
Name:
Deban Aderemi
Status: Director
The notes form part of these financial statements
Notes to the Financial Statements
for the Period Ended 31 March 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 recognised based on the fair value of the consideration received or receivable, excluding any discounts and value-added taxes (VAT). This includes income derived from donations, grants, and the provision of services.
1. Donations and Grants: Turnover from donations and grants is recognised when the funds are actually received by the company.
3. Rendering of Services: Revenue from services is recognised in accordance with the progress of the contract. The stage of completion is determined by comparing the costs incurred for work completed to date with the total estimated costs of the contract.
Tangible fixed assets depreciation policy
Tangible fixed assets are initially recognised at cost, less accumulated depreciation and any accumulated impairment losses. Depreciation is charged on all tangible fixed assets, excluding freehold land, at rates that ensure the cost of each asset, less its estimated residual value, is written off evenly over its expected useful life. The depreciation rates applied are as follows:
-Office Equipment: Depreciated over a period of 3 years.
Other accounting policies
Debtors:
Short-term debtors are initially recognised at transaction price, typically the invoice price, and are subsequently adjusted for any impairment losses related to bad or doubtful debts. Loans and other financial assets are recognised at transaction price, including any transaction costs, and are subsequently measured at amortised cost using the effective interest method, less any impairment losses for bad or doubtful debts.
Creditors:
Short-term creditors are measured at transaction price, typically the invoice price. Loans and other financial liabilities are initially recognised at transaction price, net of any transaction costs, and are subsequently measured at amortised cost using the effective interest method.
Taxation:
A current tax liability is recognised for tax payable on the taxable profits of the current and prior periods. A current tax asset is recognised in respect of tax losses that can be carried back to recover tax paid in previous periods. Deferred tax is recognised for all timing differences between income and expenses recognised in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only if it is probable they will be recoverable against future taxable profits or the reversal of deferred tax liabilities. Deferred tax is measured using tax rates and laws enacted or substantively enacted by the reporting date, expected to apply when the timing difference reverses. In the case of revalued land and investment property, the tax rate applicable to the sale of the asset is applied. Current and deferred tax assets and liabilities are not discounted.
Provisions:
Provisions are recognised when there is a present obligation arising from a past event, it is probable that economic benefits will be required to settle the obligation, and the amount of the obligation can be reliably estimated. Provisions are recognised for liabilities of uncertain timing or amount.
Notes to the Financial Statements
for the Period Ended 31 March 2024
-
2. Employees
|
2024 |
2023 |
Average number of employees during the period |
0
|
0
|