EXODUS-UK COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12291164 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

EXODUS-UK COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EXODUS-UK COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 4,417 3,596
Total current assets: 4,417 3,596
Creditors: amounts falling due within one year: 3 ( 20,979 ) ( 27,262 )
Net current assets (liabilities): (16,562) (23,666)
Total assets less current liabilities: (16,562) ( 23,666)
Creditors: amounts falling due after more than one year:   0 0
Total net assets (liabilities): (16,562) (23,666)
Members' funds
Profit and loss account: (16,562) ( 23,666)
Total members' funds: ( 16,562) (23,666)

The notes form part of these financial statements

EXODUS-UK COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 October 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 2 May 2025
and signed on behalf of the board by:

Name: Carlos Bailey
Status: Director

The notes form part of these financial statements

EXODUS-UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

EXODUS-UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

EXODUS-UK COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 20,979 27,262
Total 20,979 27,262

COMMUNITY INTEREST ANNUAL REPORT

EXODUS-UK COMMUNITY INTEREST COMPANY

Company Number: 12291164 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Exodus-UK CIC is a second hand clothing store that specialises in vintage clothing and furniture. All funds generated are used to replenish stock, cover business expenses and help the community. In previous years Exodus-UK focused on helping the homeless community. However with the cost of living increasing more people need help, so we now help as many vulnerable people as we can including homeless, elderly and Vulnerable families. How we help; We give food packages to the homeless community along with suitable clothing and footwear from the stock we buy in bulk. We buy the homeless community a meal from their preferred takeout or shop which they prefer and it helps us to cater to all dietary requirements. Provide personal items Such as bras, underwear, socks, thermal clothing and feminine toiletries when needed. Every week we pay for hotels and give the homeless an opportunity to use bathing facilities laundry and cooking facilities if available, along with short term accommodation. This gives us time to get to know who we are helping and how we can help more effectively. We offer a voluntary back to work placement, this is where we train Persons to interact with the community and help them get into a routine, learning how to communicate to customers, keep an organised and tidy work environment and sales. We aim to give them the tools needed to get a job if desired and suitable. We cover cost for transport and food during this time. Deliver essential shopping items to the elderly and vulnerable families. We recently teamed up with Aston university and became a placement provider. Offering students with the opportunity to gain practical experience in the fashion and small business sector. The community has benefited from our services Some of the homeless people we have helped are now are now housed, employed or in educational training. Those who were unable to work were advised on where they can get help with benefits and other relevance services. Those who suffer with mental health issues are or have been treated by relevant health professional teams and have been encouraged to seek treatment If required. We help where we can, encourage and remind everyone that their situation can get better. We are going to open our first HMO this year, to provide housing to the homeless community.

Consultation with stakeholders

Exodus-UK CIC has two directors Carlos Bailey and Alan Bates who have quarterly meetings.

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
2 May 2025

And signed on behalf of the board by:
Name: Carlos Bailey
Status: Director