SUDAFEST CIC

Company limited by guarantee

Company Registration Number:
14943412 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 19 June 2023

End date: 30 June 2024

SUDAFEST CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

SUDAFEST CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Directors

The director shown below has held office during the period of
29 December 2023 to 30 June 2024

Danny Vincent


The directors shown below have held office during the whole of the period from
19 June 2023 to 30 June 2024

Hiba Abdelaziz Eltayeb Elhindi
Mohamed Sharaf


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
10 March 2025

And signed on behalf of the board by:
Name: Mohamed Sharaf
Status: Director

SUDAFEST CIC

Balance sheet

As at 30 June 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 7,266
Total current assets: 7,266
Creditors: amounts falling due within one year: 3 ( 7,806 )
Net current assets (liabilities): (540)
Total assets less current liabilities: (540)
Total net assets (liabilities): (540)
Members' funds
Profit and loss account: (540)
Total members' funds: ( 540)

The notes form part of these financial statements

SUDAFEST CIC

Balance sheet statements

For the year ending 30 June 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 10 March 2025
and signed on behalf of the board by:

Name: Mohamed Sharaf
Status: Director

The notes form part of these financial statements

SUDAFEST CIC

Notes to the Financial Statements

for the Period Ended 30 June 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

SUDAFEST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

SUDAFEST CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Creditors: amounts falling due within one year note

2024
£
Accruals and deferred income 7,806
Total 7,806

COMMUNITY INTEREST ANNUAL REPORT

SUDAFEST CIC

Company Number: 14943412 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

Led by artist Isra Elhag, Sudafest CIC ran two free youth arts projects in Emerson’s Green, funded by Emerson’s Green Town Council. Firstly, an 'art for well-being' workshop targeted 15 young people aged 6-13 from diverse backgrounds, meeting weekly at Emerson’s Green village hall for visual art activities designed to support their well-being and foster a sense of achievement. Secondly, a series of art workshops engaged young people aged 10-16 from Emerson’s Green and surrounding areas, providing them with opportunities to explore themes of home, identity, and belonging through art, with a culminating community exhibition showcasing their creations.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The full details are provided in the accounts

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: Mohamed Sharaf
Status: Director