GOOD NEWS AFRICAN SUPPORT CIC

Company limited by guarantee

Company Registration Number:
13325847 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

GOOD NEWS AFRICAN SUPPORT CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

GOOD NEWS AFRICAN SUPPORT CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Principal activities of the company

The company's activities include the provision of aids to widows, the visually impaired, the vulnerable and needy in the communities.

Political and charitable donations

None

Company policy on disabled employees

The company does not have any employees in the period but we support the equal opportunities and safeguarding policies, regardless of age, sex or disability.



Directors

The directors shown below have held office during the whole of the period from
1 May 2023 to 30 April 2024

Olubukunola Ogidiolu
Eniola Ogunbule
Olayemi Mathew Ojo


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
24 January 2025

And signed on behalf of the board by:
Name: Olubukunola Ogidiolu
Status: Director

GOOD NEWS AFRICAN SUPPORT CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 600 2,706
Cost of sales: ( 425 ) ( 1,798 )
Gross profit(or loss): 175 908
Administrative expenses: ( 170 ) ( 663 )
Operating profit(or loss): 5 245
Profit(or loss) before tax: 5 245
Profit(or loss) for the financial year: 5 245

GOOD NEWS AFRICAN SUPPORT CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 565 810
Total current assets: 565 810
Net current assets (liabilities): 565 810
Total assets less current liabilities: 565 810
Total net assets (liabilities): 565 810
Members' funds
Profit and loss account: 565 810
Total members' funds: 565 810

The notes form part of these financial statements

GOOD NEWS AFRICAN SUPPORT CIC

Balance sheet statements

For the year ending 30 April 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 24 January 2025
and signed on behalf of the board by:

Name: Olubukunola Ogidiolu
Status: Director

The notes form part of these financial statements

GOOD NEWS AFRICAN SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

GOOD NEWS AFRICAN SUPPORT CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

GOOD NEWS AFRICAN SUPPORT CIC

Company Number: 13325847 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Good News African Support CIC, continues to run events online and where possible in small groups in the community to the benefit of the local community and away. The company’s activities provide benefits to widows, the vulnerable and needy in the communities. This aids their upliftment, mental stability, development, encouragement, poverty minimisation and the improvement of their lives. This support is carried out through empowerment, financial support, and skills development. One of our objectives is to advance the richness and wellbeing of the community that we serve especially people with sight impairment. We intend to create more awareness to our beneficiaries and to reinvest in the company with the aim of further service development.

Consultation with stakeholders

A couple of volunteers support the organisation and help to engage and involve stakeholders in planning events and creating awareness. The stakeholders are community based and assist whenever we have something to do and say. They members of the organisation.

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
24 January 2025

And signed on behalf of the board by:
Name: Olubukunola Ogidiolu
Status: Director