EBMCSQUARED CIC

Company limited by guarantee

Company Registration Number:
13308646 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

EBMCSQUARED CIC

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

EBMCSQUARED CIC

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 61,607 82,537
Cost of sales: ( 14,979 ) ( 8,024 )
Gross profit(or loss): 46,628 74,513
Administrative expenses: ( 706,740 ) ( 674,377 )
Other operating income: 598,184 657,886
Operating profit(or loss): (61,928) 58,022
Profit(or loss) before tax: (61,928) 58,022
Tax: ( 10,819 )
Profit(or loss) for the financial year: (61,928) 47,203

EBMCSQUARED CIC

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 6,050 5,752
Total fixed assets: 6,050 5,752
Current assets
Debtors: 4 3,589 8,000
Cash at bank and in hand: 11,461 74,701
Total current assets: 15,050 82,701
Prepayments and accrued income: 8,000 8,000
Creditors: amounts falling due within one year: 5 ( 25,571 ) ( 30,996 )
Net current assets (liabilities): (2,521) 59,705
Total assets less current liabilities: 3,529 65,457
Accruals and deferred income: ( 2,500 ) ( 2,500 )
Total net assets (liabilities): 1,029 62,957
Members' funds
Profit and loss account: 1,029 62,957
Total members' funds: 1,029 62,957

The notes form part of these financial statements

EBMCSQUARED CIC

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.

This report was approved by the board of directors on 5 January 2025
and signed on behalf of the board by:

Name: Dr. Theresa Lawrie
Status: Director

The notes form part of these financial statements

EBMCSQUARED CIC

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

EBMCSQUARED CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

EBMCSQUARED CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 4,183 3,756 7,939
Additions 2,825 2,825
Disposals
Revaluations
Transfers
At 31 March 2024 4,183 6,581 10,764
Depreciation
At 1 April 2023 1,339 848 2,187
Charge for year 1,207 1,320 2,527
On disposals
Other adjustments
At 31 March 2024 2,546 2,168 4,714
Net book value
At 31 March 2024 1,637 4,413 6,050
At 31 March 2023 2,844 2,908 5,752

EBMCSQUARED CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 3,589 8,000
Total 3,589 8,000

EBMCSQUARED CIC

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 1,429
Trade creditors 12,847 1,096
Taxation and social security 9,947 29,134
Other creditors 1,348 766
Total 25,571 30,996

COMMUNITY INTEREST ANNUAL REPORT

EBMCSQUARED CIC

Company Number: 13308646 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

EbMCsquared CIC is a non-profit, community interest company (CIC) dedicated to advancing health and well-being for the benefit of humankind. It realises this mission via the following initiatives: World Council for Health: A global coalition of health-focused and civil society groups that seeks to broaden public health knowledge and sense-making through science and shared wisdom. BiRD International: An initiative advocating safe established medicines and supplements to be used to prevent and treat Covid around the world. Source: An online platform focused on sovereign empowerment for individuals and their communities, including health and well-being. Better Way Conferences: An annual conference bringing together a global audience of hundreds of people in-person and thousands more online to explore solutions to some of the world’s most pressing issues. Better Way Today: Now fortnightly but previously weekly online seminars with leading global academics and practitioners sharing expert opinion on current topics.

Consultation with stakeholders

The company’s stakeholders are BiRD coalition partners, World Council for Health (WCH) coalition partners, national and subnational policy makers, Source partners, health professionals, website sub-scribers, and members of the public. In this financial year we have concentrated on establishing our Country Councils and now have over 35 International Councils for Health, spread across the globe. We have now over 250 partner organisations which share our mission and help to disseminate our output. Since inception, we have held and supported many international meetings and medical conferences, held weekly general assembly (GA) - now rebranded as Better Way Today - meetings that make effort to engage with policymakers and international health professionals. These meetings are open to all health professionals and the public via our newsroom and interactive chat, and coalition partner representatives are invited to express their needs and share their views during these weekly meetings and via our website. We receive regular feedback via email, website, social media and other means from various stakeholders. We have conducted surveys to ascertain the needs of WCH subscribers and taken on board their feedback. Much of the feedback has been extremely positive from all stakeholders, with a great appreciation expressed about our online resources, meeting and video content, and efforts to engage leaders and the public in health promotion and positive change. Constructive feedback was also received from coalition partners on to the need to clarify the relationship between WCH and EbMCsquared CIC and improve transparency. Five company directors help with governance. Our second year accounts, as were our first, will be published on our website soon which will aid transparency. Much has been achieved in our second year and discussions on how best to continue to evolve the structure and direction of this dynamic and rapidly growing international organisation are ongoing

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £33,000.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
5 January 2025

And signed on behalf of the board by:
Name: Dr Theresa Lawrie
Status: Director