HOURIA CIC

Company limited by guarantee

Company Registration Number:
12394342 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

HOURIA CIC

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

HOURIA CIC

Directors' report period ended 31 January 2024

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

Principal activities of the company

The principal activity of the company during the year under review was event catering



Directors

The director shown below has held office during the whole of the period from
1 February 2023 to 31 January 2024

K. De Portela E Prado


The directors shown below have held office during the period of
1 February 2023 to 21 September 2023

M. Chauhan
A. Garlands


The director shown below has held office during the period of
1 October 2023 to 31 January 2024

N. Sarwary


The director shown below has held office during the period of
22 September 2023 to 31 January 2024

N. Pilgrim


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
4 March 2025

And signed on behalf of the board by:
Name: K. De Portela E Prado
Status: Director

HOURIA CIC

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 93,051 21,947
Cost of sales: ( 31,117 ) ( 11,348 )
Gross profit(or loss): 61,934 10,599
Distribution costs: ( 2,779 ) ( 186 )
Administrative expenses: ( 101,584 ) ( 47,483 )
Other operating income: 57,223 38,515
Operating profit(or loss): 14,794 1,445
Interest payable and similar charges: ( 33 )
Profit(or loss) before tax: 14,794 1,412
Tax: ( 2,811 ) 661
Profit(or loss) for the financial year: 11,983 2,073

HOURIA CIC

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 1,837 2,326
Total fixed assets: 1,837 2,326
Current assets
Debtors: 4 1,328 413
Cash at bank and in hand: 49,122 40,369
Total current assets: 50,450 40,782
Creditors: amounts falling due within one year: 5 ( 37,366 ) ( 40,520 )
Net current assets (liabilities): 13,084 262
Total assets less current liabilities: 14,921 2,588
Provision for liabilities: ( 350 )
Total net assets (liabilities): 14,571 2,588
Members' funds
Profit and loss account: 14,571 2,588
Total members' funds: 14,571 2,588

The notes form part of these financial statements

HOURIA CIC

Balance sheet statements

For the year ending 31 January 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 4 March 2025
and signed on behalf of the board by:

Name: K. De Portela E Prado
Status: Director

The notes form part of these financial statements

HOURIA CIC

Notes to the Financial Statements

for the Period Ended 31 January 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. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when all the following conditions are satisfied: - the Company has transferred to the buyer the significant risks and rewards of ownership of the goods; - the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold; - the amount of revenue can be measured reliably; - it is probable that the economic benefits associated with the transaction will flow to the Company; and - the costs incurred or to be incurred in respect of the transaction can be measured reliably. Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

    Tangible fixed assets depreciation policy

    Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life: Plant and machinery: 20% Straight line Furniture, fittings and equipment: 20% Straight line

    Other accounting policies

    Grants Grants are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred.

HOURIA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 2

HOURIA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 5,219 504 5,723
Additions 820 820
Disposals
Revaluations
Transfers
At 31 January 2024 5,219 1,324 6,543
Depreciation
At 1 February 2023 3,132 265 3,397
Charge for year 1,044 265 1,309
On disposals
Other adjustments
At 31 January 2024 4,176 530 4,706
Net book value
At 31 January 2024 1,043 794 1,837
At 31 January 2023 2,087 239 2,326

HOURIA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Other debtors 1,328 413
Total 1,328 413

HOURIA CIC

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 7,799 2,100
Accruals and deferred income 22,659 33,580
Other creditors 6,908 4,840
Total 37,366 40,520

COMMUNITY INTEREST ANNUAL REPORT

HOURIA CIC

Company Number: 12394342 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

In the last year Houria has conducted on the job training and paid work for refugee women and asylum seekers through our delivery service, community feasts and private catering events. We also delivered in house training for volunteers to support the women trainees in the kitchen, at events. We recruited and launched a FoodWise month training programme. Through all of this, our stakeholders have benefited socially, professionally, financially and nutritionally.

Consultation with stakeholders

Houria’s stakeholders are the Sisters (trainees) and volunteers. The main points of consultation of which all were actioned were: - deciding to alter Houria’s catering service to include a community cafe in the coming January (2023) - deciding to delay the FoodWise training programme until the autumn - deciding to move into the cafe space at Eastside community centre

Directors' remuneration

One director received a total of £29,628 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
4 March 2025

And signed on behalf of the board by:
Name: K. Prado
Status: Director