SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Company limited by guarantee

Company Registration Number:
10787101 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 14,135 0
Cost of sales: ( 1,376 )
Gross profit(or loss): 12,759 0
Administrative expenses: ( 33,311 )
Other operating income: 4,048
Operating profit(or loss): (16,504) 0
Profit(or loss) before tax: (16,504) 0
Profit(or loss) for the financial year: (16,504) 0

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 450
Cash at bank and in hand: 48 10
Total current assets: 498 10
Creditors: amounts falling due within one year: 4 ( 19,418 ) ( 908 )
Net current assets (liabilities): (18,920) (898)
Total assets less current liabilities: (18,920) ( 898)
Creditors: amounts falling due after more than one year: 5 ( 4,824 ) ( 6,342 )
Total net assets (liabilities): (23,744) (7,240)
Members' funds
Profit and loss account: (23,744) ( 7,240)
Total members' funds: ( 23,744) (7,240)

The notes form part of these financial statements

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Balance sheet statements

For the year ending 31 May 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 6 May 2025
and signed on behalf of the board by:

Name: Robert George Allen
Status: Director

The notes form part of these financial statements

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 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

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Debtors

2024 2023
£ £
Other debtors 450
Total 450

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 19,418 908
Total 19,418 908

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

2024 2023
£ £
Other creditors 4,824 6,342
Total 4,824 6,342

COMMUNITY INTEREST ANNUAL REPORT

SIAN COMPUTERS COMMUNITY INITIATIVE C.I.C.

Company Number: 10787101 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Sian Computers CIC is a community-based IT company located in Wolverhampton, WV10 8EB. We are a recognized training provider, delivering training programs in the following areas: IT Practical and Business Administration Technology Resilience Pre-Apprenticeship Program Black Country Connected Program We hold contracts supporting the Home Office in delivering the Windrush Compensation Scheme, the NHS Black Country ICB's Black Country Connected Program, and we deliver digital training for Wolverhampton Council. We are funded by the National Lottery, the European Social Fund, and a wider range of funding bodies. Our training provision supports Young People Not in Education, Employment, or Training (NEET), Young People (ages 16-24), Older People (50+), BAME Communities, ex-Armed Forces, ex-Offenders, and all hard-to-reach clientele.

Consultation with stakeholders

The company's stakeholders are residents who live locally, volunteers in the organisation or Board Members. We hold regular stakeholders' meetings and shape our service delivery intentionally around the feedback.

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
6 May 2025

And signed on behalf of the board by:
Name: Robert George Allen
Status: Director