M.O.R GLOBAL C.I.C.

Company Registration Number:
11316706 (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

M.O.R GLOBAL C.I.C.

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

M.O.R GLOBAL C.I.C.

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 principal activity of the company continued to be that of a faith based organisation that is raising money and providing benefits to transform lives for the better.



Directors

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

Mrs V A Bode-Odeyemi


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
31 January 2025

And signed on behalf of the board by:
Name: Mrs V A Bode-Odeyemi
Status: Director

M.O.R GLOBAL C.I.C.

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 0 5,089
Cost of sales: 0 ( 4,244 )
Gross profit(or loss): 0 845
Distribution costs: 0 0
Administrative expenses: 0 ( 1,626 )
Other operating income: 0 0
Operating profit(or loss): 0 (781)
Profit(or loss) before tax: 0 (781)
Profit(or loss) for the financial year: 0 (781)

M.O.R GLOBAL C.I.C.

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 500 500
Cash at bank and in hand: 2,223 2,223
Total current assets: 2,723 2,723
Creditors: amounts falling due within one year: 4 ( 6,498 ) ( 6,498 )
Net current assets (liabilities): (3,775) (3,775)
Total assets less current liabilities: (3,775) ( 3,775)
Total net assets (liabilities): (3,775) (3,775)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (3,875 ) (3,875 )
Total Shareholders' funds: ( 3,775 ) (3,775)

The notes form part of these financial statements

M.O.R GLOBAL C.I.C.

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 31 January 2025
and signed on behalf of the board by:

Name: Mrs V A Bode-Odeyemi
Status: Director

The notes form part of these financial statements

M.O.R GLOBAL C.I.C.

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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

    Other accounting policies

    Financial instruments The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

M.O.R GLOBAL C.I.C.

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

M.O.R GLOBAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Debtors

2024 2023
£ £
Other debtors 500 500
Total 500 500

M.O.R GLOBAL C.I.C.

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 6,498 6,498
Total 6,498 6,498

COMMUNITY INTEREST ANNUAL REPORT

M.O.R GLOBAL C.I.C.

Company Number: 11316706 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

The company’s activities will aim to transform lives through mentoring and coaching to improve mental and spiritual health.

Consultation with stakeholders

Feedback is obtained from those being mentored and coached. Those running the CIC and delivering the mentoring and coaching are regular discussing the feedback and looking at ways to improve what they do.

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
31 January 2025

And signed on behalf of the board by:
Name: Valentina Bode-Odeyemi
Status: Director