IGBO COMMUNITY COVENTRY C.I.C.

Company limited by guarantee

Company Registration Number:
11347537 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

IGBO COMMUNITY COVENTRY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

IGBO COMMUNITY COVENTRY C.I.C.

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal activities of the company

The company's principal activity during the year continued to be Activities of other membership organisations not elsewhere classified



Directors

The directors shown below have held office during the whole of the period from
1 June 2023 to 31 May 2024

Vivian EJIMKONYE
Ngozi Ogechi IHEMADU
Ben OKORO


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: Vivian EJIMKONYE
Status: Director

IGBO COMMUNITY COVENTRY C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 20,281 0
Cost of sales: ( 23,886 )
Gross profit(or loss): (3,605) 0
Administrative expenses: ( 285 ) ( 369 )
Operating profit(or loss): (3,890) (369)
Profit(or loss) before tax: (3,890) (369)
Profit(or loss) for the financial year: (3,890) (369)

IGBO COMMUNITY COVENTRY C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 9,492
Cash at bank and in hand: 14,271 32
Total current assets: 14,271 9,524
Net current assets (liabilities): 14,271 9,524
Total assets less current liabilities: 14,271 9,524
Creditors: amounts falling due after more than one year: 4 ( 8,637 ) 0
Total net assets (liabilities): 5,634 9,524
Members' funds
Profit and loss account: 5,634 9,524
Total members' funds: 5,634 9,524

The notes form part of these financial statements

IGBO COMMUNITY COVENTRY C.I.C.

Balance sheet statements

For the year ending 31 May 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: Vivian EJIMKONYE
Status: Director

The notes form part of these financial statements

IGBO COMMUNITY COVENTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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.

IGBO COMMUNITY COVENTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

IGBO COMMUNITY COVENTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Trade debtors 9,492
Total   9,492

IGBO COMMUNITY COVENTRY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 8,637 0
Total 8,637 0

COMMUNITY INTEREST ANNUAL REPORT

IGBO COMMUNITY COVENTRY C.I.C.

Company Number: 11347537 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

IGBO COMMUNITY COVENTRY C.I.C. focused on Activities of other membership organisations not elsewhere classified.

Consultation with stakeholders

The main stakeholders for IGBO COMMUNITY COVENTRY C.I.C are the 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
31 January 2025

And signed on behalf of the board by:
Name: Vivian EJIMKONYE
Status: Director