WRBLO COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
10890526 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

WRBLO COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 July 2024

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

WRBLO COMMUNITY INTEREST COMPANY

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

WRBLO continues to pursue its mission to support deprived communities across Sub-Saharan Africa by facilitating grant funding to charitable organisations operating innovative projects and services that benefit the communities they serve. Our Key objectives are to: Facilitate sustainable relief for extreme poverty Facilitate General Healthcare Support community upgrading Support community cohesion Facilitate financial inclusion Facilitate, support and foster community economic growth Our team of volunteers continue to work relentlessly to complete the development of our own internal structures to support our mission's objectives.

Additional information

The directors are responsible for preparing the Directors’ Report and the financial statements in accordance with applicable law and regulations. Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit and loss for the company for that period. In preparing these financial statements, the directors are required to: -select suitable accounting policies and then apply them consistently; make judgements and accounting estimates that are reasonable and prudent; -state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and -prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company’s website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions. Small companies regime The report of the directors has been prepared taking advantage of the small companies exemptions of Section 415A of the Companies Act 2006.



Directors

The directors shown below have held office during the whole of the period from
1 August 2023 to 31 July 2024

Howard Junior Douglas
Stuart Alexander Kirkland
Stamatoula Panagiari


Secretary Dooter Akpofure

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
28 April 2025

And signed on behalf of the board by:
Name: Howard Junior Douglas
Status: Director

WRBLO COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 July 2024

2024 2023


£

£
Administrative expenses: ( 1,150 ) ( 1,193 )
Operating profit(or loss): (1,150) (1,193)
Profit(or loss) before tax: (1,150) (1,193)
Profit(or loss) for the financial year: (1,150) (1,193)

WRBLO COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 8
Total current assets: 8
Creditors: amounts falling due within one year: 3 ( 6,531 ) ( 6,531 )
Net current assets (liabilities): (6,523) (6,531)
Total assets less current liabilities: (6,523) ( 6,531)
Total net assets (liabilities): (6,523) (6,531)
Members' funds
Profit and loss account: (6,523) ( 6,531)
Total members' funds: ( 6,523) (6,531)

The notes form part of these financial statements

WRBLO COMMUNITY INTEREST COMPANY

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 28 April 2025
and signed on behalf of the board by:

Name: Howard Junior Douglas
Status: Director

The notes form part of these financial statements

WRBLO COMMUNITY INTEREST COMPANY

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

    Turnover policy

    Turnover is attributable to the principal activity of the company.

    Other accounting policies

    Functional and presentation currency The financial statements are presented in sterling and this is the functional currency of the company. Revenue from rendering of services Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably. Foreign currency translation Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. Related parties For the purposes of these financial statements, a related party could be a person or an entity. Careful consideration is given to the definition of a related party to ensure that all related party relationships, transactions and balances are identified.

WRBLO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

WRBLO COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 6,531 6,531
Total 6,531 6,531

COMMUNITY INTEREST ANNUAL REPORT

WRBLO COMMUNITY INTEREST COMPANY

Company Number: 10890526 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

WRBLO volunteers are focused on the final stages of preparation to launch our specialised fundraising services that are to be publicised across Sub-Saharan Africa, beginning in Uganda. We will utilize the press and media to invite unsung charitable organisations to apply for funding. We plan to support charitable organisations who are engaged in delivering community-based projects or services that demonstrably provide solutions that drive sustainable economic growth from the grassroots. We are cultivating corporate partnerships, as collaborative, dynamic social investors, to whom we will introduce evaluated, verified, environmentally safe projects and services as opportunities to which they can donate and #OwntheGood they do. WRBLOs role is to publicise the pressing needs of Deprived Communities and champion the organic solutions that are quietly being delivered in these communities, but which need financial assistance. WRBLO will facilitate financial assistance, free of bureaucratic or political interference and the nefarious forces of corruption, fraud and financial mismanagement. We have begun our work in Uganda, and we hope in time, to expand our reach across subSaharan Africa where combined populations represent an immense number of the world's poorest people!

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
20 April 2025

And signed on behalf of the board by:
Name: Howard Junior Douglas
Status: Director