MAINZWORLD FOREVA CIC

Company limited by guarantee

Company Registration Number:
13685226 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

MAINZWORLD FOREVA CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

MAINZWORLD FOREVA CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 33,990 442
Cost of sales: ( 21,181 ) 0
Gross profit(or loss): 12,809 442
Administrative expenses: ( 9,071 )
Operating profit(or loss): 3,738 442
Profit(or loss) before tax: 3,738 442
Tax: ( 723 )
Profit(or loss) for the financial year: 3,015 442

MAINZWORLD FOREVA CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Debtors: 3 1,685
Cash at bank and in hand: 3,352 842
Total current assets: 5,037 842
Creditors: amounts falling due within one year: 4 ( 1,580 ) ( 400 )
Net current assets (liabilities): 3,457 442
Total assets less current liabilities: 3,457 442
Total net assets (liabilities): 3,457 442
Members' funds
Profit and loss account: 3,457 442
Total members' funds: 3,457 442

The notes form part of these financial statements

MAINZWORLD FOREVA CIC

Balance sheet statements

For the year ending 31 October 2023 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 10 March 2025
and signed on behalf of the board by:

Name: Natalie Kusi
Status: Director

The notes form part of these financial statements

MAINZWORLD FOREVA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 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.

    Other accounting policies

    Taxation: A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

MAINZWORLD FOREVA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

MAINZWORLD FOREVA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Debtors

2023 2022
£ £
Other debtors 1,685
Total 1,685

MAINZWORLD FOREVA CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 857
Taxation and social security 723
Other creditors 400
Total 1,580 400

COMMUNITY INTEREST ANNUAL REPORT

MAINZWORLD FOREVA CIC

Company Number: 13685226 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Over the past year, Mainz World has made a profound impact on the community through a variety of initiatives designed to support vulnerable groups and promote positive change. Our half-term clubs provide children on free school meals with nutritious hot meals and opportunities for active play, ensuring they remain nourished and engaged during school breaks. In primary and secondary schools, we run mentoring workshops for students at risk of exclusion and deliver mental and physical health programs, promoting resilience and well-being. For prison leavers, we create pathways to education, training, and employment, helping them reintegrate successfully into society. Through partnerships with the youth offenders service, we mentor young people at risk of custodial sentences, offering intervention projects to steer them toward better outcomes. Additionally, we facilitate engagement sessions between local communities and the police, building trust and strengthening community relationships.

Consultation with stakeholders

We have been involved in several conferences and focus groups with various stakeholders from members of the community, statutory bodies, educational bodies and law enforcement. These sessions have been used to design programmes to improve the lives and livelihoods of service users. The sessions have also been used to get direction from stakeholders in order to deliver to the most needy and in the manner that will be most effective.

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
10 March 2025

And signed on behalf of the board by:
Name: Natalie Kusi
Status: Director