KITABNA - OUR BOOK CIC

Company limited by guarantee

Company Registration Number:
13166431 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

KITABNA - OUR BOOK 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

KITABNA - OUR BOOK 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

Principal activities of the company

The company's principal activity during the year continued to be book publishing & educational support activities.



Directors

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

Helen Patuck


Secretary Helen Patuck

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
12 December 2024

And signed on behalf of the board by:
Name: Helen Patuck
Status: Secretary

KITABNA - OUR BOOK CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 13,347 25,420
Cost of sales: ( 8,738 ) ( 18,347 )
Gross profit(or loss): 4,609 7,073
Administrative expenses: ( 4,934 ) ( 8,820 )
Operating profit(or loss): (325) (1,747)
Profit(or loss) before tax: (325) (1,747)
Tax: 206
Profit(or loss) for the financial year: (325) (1,541)

KITABNA - OUR BOOK CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 421 175
Cash at bank and in hand: 1,030 98
Total current assets: 1,451 273
Creditors: amounts falling due within one year: 4 ( 2,438 ) ( 935 )
Net current assets (liabilities): (987) (662)
Total assets less current liabilities: (987) ( 662)
Total net assets (liabilities): (987) (662)
Members' funds
Profit and loss account: (987) ( 662)
Total members' funds: ( 987) (662)

The notes form part of these financial statements

KITABNA - OUR BOOK 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 12 December 2024
and signed on behalf of the board by:

Name: Helen Patuck
Status: Director

The notes form part of these financial statements

KITABNA - OUR BOOK 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Other accounting policies

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. Pensions - Contributions to defined contribution plans are expensed in the period to which they relate.

KITABNA - OUR BOOK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 1

KITABNA - OUR BOOK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Debtors

2024 2023
£ £
Other debtors 421 175
Total 421 175

KITABNA - OUR BOOK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 2,438 935
Total 2,438 935

COMMUNITY INTEREST ANNUAL REPORT

KITABNA - OUR BOOK CIC

Company Number: 13166431 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Whilst reaching new conflict-affected communities with skills and resources in Armenia and Poland in 2022-2023, Kitabna’s multi-lingual resources continue to be used in Northern Ireland, Lebanon and Syria. Our 2021-2024 children’s books are in circulation in school classrooms, informal-education centres, camp schools and psychosocial support programmes as paperback books and online resources. We continue to follow up regularly to understand more how the resources are being used and how we can improve access to these, and our workshops, in new contexts. Increasing work with psychologists in Armenia allows us to build on the concept of reading and writing as a therapeutic process, since developing our 2021 Therapeutic stories series with child educational psychologists in Northern Ireland. Understanding how Kitabna’s methods can be incorporated into therapeutic practice sheds greater light on the impacts and benefits of storytelling on child mental health in emergencies. Co-creating storytelling activities for “Child-Friendly Spaces” with Child Protection teams in Poland HAS allowed us to understand how storytelling could open communication lines between staff and beneficiaries, increasing awareness of issues facing children in institutional care.

Consultation with stakeholders

Regarding community consultation and stakeholder inclusion, Kitabna endeavours to uphold principles of human-centred design. In order to start any project, in-depth conversations have been instigated in response to any request for collaboration for workshop and/or resource delivery. This has taken place in the forms of meetings, whereby projects have been discussed in terms of a needs assessment, often provided by the potential collaborating organisation, who have established networks in the communities we have worked with. In the case of resource creation, a community consultation has been carried out in the forms of: quantitative and qualitative surveying developed with stakeholders and distributed with identified beneficiaries via networks of trust, and via Google Forms; story-writing workshops intended to understand and record the concerns, wishes and needs of the intended community; feedback milestones in the course of the creation of resources, whereby a resource is developed and shared with stakeholders, and wherever possible, members of the intended community, for their review and comments. For a full breakdown of our work and impact, and testimonies from our stakeholders and beneficiaries, please visit our reports page: https://www.kitabna.org/reports.html

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
12 December 2024

And signed on behalf of the board by:
Name: Helen Patuck
Status: Director