BUSHRA ALI GROUP GLOBAL CIC

Company limited by guarantee

Company Registration Number:
14131917 (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

BUSHRA ALI GROUP GLOBAL CIC

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

BUSHRA ALI GROUP GLOBAL CIC

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

Directors

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

Bushra Mussarat Ali
Piotr Kuhiwczak
Yasmin Ahmed Surti


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 February 2025

And signed on behalf of the board by:
Name: Bushra Mussarat Ali
Status: Director

BUSHRA ALI GROUP GLOBAL CIC

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 539 19,689
Cost of sales: ( 33 ) ( 11,150 )
Gross profit(or loss): 506 8,539
Distribution costs: 0 ( 465 )
Administrative expenses: ( 2,579 ) ( 7,078 )
Other operating income: 0 0
Operating profit(or loss): (2,073) 996
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (2,073) 996
Tax: 189 ( 189 )
Profit(or loss) for the financial year: (1,884) 807

BUSHRA ALI GROUP GLOBAL CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 368 0
Cash at bank and in hand: 3,000 4,624
Total current assets: 3,368 4,624
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 4 ( 4,445 ) ( 3,817 )
Net current assets (liabilities): (1,077) 807
Total assets less current liabilities: (1,077) 807
Total net assets (liabilities): (1,077) 807
Members' funds
Profit and loss account: (1,077) 807
Total members' funds: ( 1,077) 807

The notes form part of these financial statements

BUSHRA ALI GROUP GLOBAL CIC

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 12 February 2025
and signed on behalf of the board by:

Name: Bushra Mussarat Ali
Status: Director

The notes form part of these financial statements

BUSHRA ALI GROUP GLOBAL CIC

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 represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Other accounting policies

    TAXATION Taxation represents the sum of tax currently payable and deferred tax. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on all timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

BUSHRA ALI GROUP GLOBAL CIC

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

    RELATED PARTY TRANSACTIONS Bushra Ali Solicitors Ltd, a company in which director Bushra Ali is also a director, made donations to the CIC during the period of £189 (2023: £3,400) and received payments of £nil (2023: £2,199) for general expenses and rent. Payments were also made to Basharat Ali Photography, a sibling of director Bushra Ali of £nil (2023: £833) for photographic work. TRANSACTIONS WITH DIRECTORS Director Bushra Ali made personal donations in the year of £nil (2023: £1,729) and was reimbursed expenses of £nil (2023: £3,775) in relation to general operating costs, facilitation and service delivery fees. There were no transactions with Piotr Kuhiwczak or Yasmin Surti.

BUSHRA ALI GROUP GLOBAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Prepayments and accrued income 179 0
Other debtors 189 0
Total 368 0

BUSHRA ALI GROUP GLOBAL CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 178 151
Taxation and social security 0 190
Accruals and deferred income 4,267 3,476
Total 4,445 3,817

COMMUNITY INTEREST ANNUAL REPORT

BUSHRA ALI GROUP GLOBAL CIC

Company Number: 14131917 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Bushra Ali Group Global CIC undertakes group discussions on societal issues impacting the community in order to give individuals a voice to be heard and understood. Bushra Ali Group Global CIC encourages members of the community to be involved in conversations with stakeholders to make sure their voices are heard to encourage positive change and better understanding around equality and diversity issues. Bushra Ali Group Global CIC encourages the coming together of individuals on issues that bring them together and set them apart to take part in arts, crafts and therapeutic art in order to express themselves through different means. Bushra Ali Group Global CIC looks to support individuals at the earliest possible opportunity to help them reach their potential.

Consultation with stakeholders

Bushra Ali Group Global CIC stakeholders are the public, members of the community based on race, religion, nationality, sexuality, age, gender and other. Our stakeholders include the government, the police, education authorities, the council, schools and other organisations making decisions impacting the community. In the past year we have undertaken consultations with members of the public including members of various communities.

Directors' remuneration

During the period the directors of Bushra Ali Group Global CIC were: Bushra Ali Piotr Kuhiwczak Yasmin Surti Transactions with Directors and connected parties during the year were: Director Bushra Ali made personal donations in the year of £nil (2023: £1,729) and was reimbursed expenses of £nil (2023: £3,775) in relation to general operating costs, facilitation and service delivery fees. Bushra Ali Solicitors Ltd, a company in which director Bushra Ali is also a director, made donations to the CIC during the period of £189 (2023: £3,400) and received payments of £nil (2023: £2,199) for general expenses and rent. Payments were also made to Basharat Ali Photography, a sibling of director Bushra Ali, of £nil (2023: £833) for photographic work. There were no transactions with Piotr Kuhiwczak or Yasmin Surti. No directors received any remuneration during the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
12 February 2025

And signed on behalf of the board by:
Name: Bushra Mussarat Ali
Status: Director