YERESENYAME CIC

Company limited by guarantee

Company Registration Number:
14689540 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2024

Period of accounts

Start date: 27 February 2023

End date: 28 February 2024

YERESENYAME CIC

Contents of the Financial Statements

for the Period Ended 28 February 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YERESENYAME CIC

Directors' report period ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Directors

The directors shown below have held office during the whole of the period from
27 February 2023 to 28 February 2024

Osei Yaw Asibey
Gospel Owusu-Ansah


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
22 February 2025

And signed on behalf of the board by:
Name: Osei Yaw Asibey
Status: Director

YERESENYAME CIC

Balance sheet

As at 28 February 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

YERESENYAME CIC

Balance sheet statements

For the year ending 28 February 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 21 February 2025
and signed on behalf of the board by:

Name: Osei Yaw Asibey
Status: Director

The notes form part of these financial statements

YERESENYAME CIC

Notes to the Financial Statements

for the Period Ended 28 February 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 is reduced for estimated customer returns, rebates, and other similar allowances. Sale of goods: Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services: 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 computing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures, Fittings & Equipment – 25% reducing balance.

    Other accounting policies

    Government Grant Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute. Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period. Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned. All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

YERESENYAME CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

YERESENYAME CIC

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Financial Commitments

Basis of Preparation of Financial Statements The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

COMMUNITY INTEREST ANNUAL REPORT

YERESENYAME CIC

Company Number: 14689540 (England and Wales)

Year Ending: 28 February 2024

Company activities and impact

No operational activities were conducted during this period

Consultation with stakeholders

No consultation with stakeholders

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
22 February 2025

And signed on behalf of the board by:
Name: OSEI YAW ASIBEY
Status: Director