NYATITI NYADALA CIC

Company limited by guarantee

Company Registration Number:
14319415 (England and Wales)

Unaudited statutory accounts for the year ended 31 August 2024

Period of accounts

Start date: 1 September 2023

End date: 31 August 2024

NYATITI NYADALA CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

NYATITI NYADALA CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 321 328
Cash at bank and in hand: 116 193
Total current assets: 437 521
Prepayments and accrued income: 80 80
Net current assets (liabilities): 517 601
Total assets less current liabilities: 517 601
Creditors: amounts falling due after more than one year: 4 ( 445 )
Accruals and deferred income: ( 333 ) ( 330 )
Total net assets (liabilities): (261) 271
Members' funds
Profit and loss account: (261) 271
Total members' funds: ( 261) 271

The notes form part of these financial statements

NYATITI NYADALA CIC

Balance sheet statements

For the year ending 31 August 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 4 May 2025
and signed on behalf of the board by:

Name: Sabrina Oduor
Status: Director

The notes form part of these financial statements

NYATITI NYADALA CIC

Notes to the Financial Statements

for the Period Ended 31 August 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

NYATITI NYADALA CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

NYATITI NYADALA CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

3. Stocks

2024 2023
£ £
Stocks 321 328
Total 321 328

NYATITI NYADALA CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

4. Creditors: amounts falling due after more than one year note

2024
£
Other creditors 445
Total 445

Director's loan

COMMUNITY INTEREST ANNUAL REPORT

NYATITI NYADALA CIC

Company Number: 14319415 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

The company runs East African music and culture workshops and performances for the community to explore and connect. We ran one successful workshop in a primary school in Newcastle upon Tyne where children could listen to East African music with demonstration of several indigenous instruments in an assembly. A smaller group of students were able to explore using instruments such as nyatiti (an eight string lyre), nyangile (a percussive box), peke (percussive hand shaker made of bottle caps)... It increased their crosscultural knowledge and awareness and gave them a sense of achievement to be able to play an instrument they had probably never encountered before. The workshop was documented by a local artist photographer based in Newcastle upon Tyne. For this service we received £250 of which £200 was used to pay the workshop facilitator (director) who sub-countracted the photographer. What was left was used to run the business. We also ran wellbeing music sessions in Sunderland and North Tyneside. Revenue of which was used for the running costs of the business. We invested in an online ad campaign to make the business known.

Consultation with stakeholders

We had our second board meeting with all 3 directors and one advisory board member on 1 Apr 2025 to review the year 2023-204 and discuss the business strategy. Four out of four voted to manage and submit the accounts in house. This was followed up with an email vote to relocate the business to Newcastle upon Tyne at Cobalt Studios to which all 4 members voted to relocate on the 29th Apr 2025.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £100.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
4 May 2025

And signed on behalf of the board by:
Name: Sabrina Oduor
Status: Director