WE ARE ZEAL CIC

Company limited by guarantee

Company Registration Number:
14978580 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 4 July 2023

End date: 31 July 2024

WE ARE ZEAL CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

WE ARE ZEAL CIC

Directors' report period ended 31 July 2024

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

Principal activities of the company

Directors' Report Principal Activities WE ARE ZEAL is a Community Interest Company dedicated to organizing impactful educational and community events. During the financial year, the company successfully organized school events in Nottingham over three days, engaging over 1,000 students. The aim of these events was to foster educational growth, community engagement, and overall well-being. The company’s core activities included: Educational Enrichment: Providing interactive learning experiences to help students develop teamwork, problem-solving, and Business skills. Community Engagement: Strengthening local community bonds through inclusive events that encouraged participation from diverse groups. Economic Impact: Supporting local businesses by connecting them to schools. Career Awareness: Offering students exposure to various industries and career paths to inspire their future aspirations. Inclusion and Equal Opportunities: Ensuring accessibility and participation for all students, promoting diversity and equal chances. Strengthened Partnerships: Enhancing collaboration between schools, community organizations, and other stakeholders to create sustainable impact.



Directors

The director shown below has held office during the period of
5 July 2023 to 31 July 2024

Osenonso Chialuka ODIAKA


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
19 March 2025

And signed on behalf of the board by:
Name: Osenonso Chialuka ODIAKA
Status: Director

WE ARE ZEAL CIC

Profit And Loss Account

for the Period Ended 31 July 2024

13 months to 31 July 2024


£
Turnover: 0
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: 0
Administrative expenses: 0
Other operating income: 0
Operating profit(or loss): 0
Interest receivable and similar income: 0
Interest payable and similar charges: 0
Profit(or loss) before tax: 0
Tax: 0
Profit(or loss) for the financial year: 0

WE ARE ZEAL CIC

Balance sheet

As at 31 July 2024

Notes 13 months to 31 July 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

WE ARE ZEAL CIC

Balance sheet statements

For the year ending 31 July 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 19 March 2025
and signed on behalf of the board by:

Name: Osenonso Chialuka ODIAKA
Status: Director

The notes form part of these financial statements

WE ARE ZEAL CIC

Notes to the Financial Statements

for the Period Ended 31 July 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

WE ARE ZEAL CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    13 months to 31 July 2024
    Average number of employees during the period 4

    These Employees are volunteers

COMMUNITY INTEREST ANNUAL REPORT

WE ARE ZEAL CIC

Company Number: 14978580 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The company's activities, particularly the organization of school events in Nottingham, have made a significant positive impact on the local community. These events, which involved over 1,000 students participating across three sessions on three different days, provided numerous benefits to both the students and the broader community. Here’s a detailed breakdown of how the company’s involvement has been beneficial: Educational Enrichment: The events provided interactive learning experiences, helping students develop practical skills like teamwork, problem-solving, and leadership and Business talks, enhancing their overall educational growth. Community Engagement: By hosting these large-scale events, the company demonstrated its commitment to the local community, fostering a sense of connection and involvement. Economic Impact: After school WE ARE ZEAL clubs supported local businesses, as students were taught how to develop their own products. Career Awareness: Students gained exposure to various industries, helping them explore career paths and develop future aspirations. Inclusion and Equal Opportunities: The event promoted inclusivity, offering equal opportunities for all students to participate, fostering a sense of community. Strengthened Partnerships: The collaboration between WE ARE ZEAL, volunteers, local schools, and community organizations paved the way for future partnerships. Overall, these events provided educational, economic, and social benefits to the community, showcasing the company's commitment to community development.

Consultation with stakeholders

After the events, feedback forms were provided to both the youth participants and school coordinators to gather valuable insights on how to further develop the program. The positive feedback received highlighted the impactful nature of the events, with many students sharing how the experience had inspired and motivated them. These strengths were prominently featured on the company website and used as a tool to encourage more volunteers to get involved in future initiatives, demonstrating the program’s success and its ability to positively change lives. In addition to the strengths, areas for improvement, such as enhancing engagement strategies, were identified. These suggestions have been carefully implemented in future events and programs to ensure an even more enriching experience for participants. The consultation with stakeholders, including both youth and school coordinators, played a crucial role in shaping the direction of the program. Their feedback was not only appreciated but actively used to refine the approach, ensuring that future events continue to provide meaningful and life-changing experiences for all involved. Furthermore, communications have been held with other stakeholders, including local businesses and educators, to develop a dedicated website for the program. This platform will serve as a resource to showcase future events, share success stories, and attract more volunteers, ensuring the program's continued growth and success in the community.

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
19 March 2025

And signed on behalf of the board by:
Name: Osenonso Chialuka ODIAKA
Status: Director