INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Company limited by guarantee

Company Registration Number:
11172939 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 82,256 270,966
Cost of sales: ( 56,718 ) ( 176,401 )
Gross profit(or loss): 25,538 94,565
Distribution costs: 0 0
Administrative expenses: ( 42,907 ) ( 94,279 )
Other operating income: 0 0
Operating profit(or loss): (17,369) 286
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 51 ) 0
Profit(or loss) before tax: (17,420) 286
Tax: 0 0
Profit(or loss) for the financial year: (17,420) 286

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 0 134
Investments:   0 0
Total fixed assets: 0 134
Current assets
Stocks:   0 0
Debtors: 4 300 4,646
Cash at bank and in hand: 1,210 25,691
Investments:   0 0
Total current assets: 1,510 30,337
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 1,153 ) ( 12,694 )
Net current assets (liabilities): 357 17,643
Total assets less current liabilities: 357 17,777
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 357 17,777
Members' funds
Profit and loss account: 357 17,777
Total members' funds: 357 17,777

The notes form part of these financial statements

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Balance sheet statements

For the year ending 31 January 2025 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: Robert Wardrop
Status: Director

The notes form part of these financial statements

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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 measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery Depreciated at 25% of the Original Cost

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2024 0 3,201 0 0 0 3,201
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2025 0 3,201 0 0 0 3,201
Depreciation
At 1 February 2024 0 3,067 0 0 0 3,067
Charge for year 0 134 0 0 0 134
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2025 0 3,201 0 0 0 3,201
Net book value
At 31 January 2025 0 0 0 0 0 0
At 31 January 2024 0 134 0 0 0 134

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

4. Debtors

2025 2024
£ £
Trade debtors 0 4,646
Prepayments and accrued income 300 0
Other debtors 0 0
Total 300 4,646
Debtors due after more than one year: 0 0

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 2,621
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 1,153 10,073
Total 1,153 12,694

COMMUNITY INTEREST ANNUAL REPORT

INTERNATIONAL ALTERNATIVE FINANCE C.I.C.

Company Number: 11172939 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

The Company conduct research into the global alternative finance market and provide education and learning programmes (especially in developing and emerging markets). The community will be benefited by promoting the advancement of academic research, cross-regional learning, knowledge transfer, policy impact and public awareness in new and emerging forms of alternative finance. The Company also develop knowledge products. The activity benefits the community by helping to build capacity and raise awareness of different forms of non-bank finance alternatives. Besides, the Company also conduct specific research projects for international development organisations with a focus on utilising alternative finance and financial technology for financial inclusion and build a global community of researchers and practitioners based in different countries to conduct in depth regional applied and theoretical research activities. The Company will focus on funding research and other projects that do not provide a sufficient financial return to justify being funded by a commercial company.

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
28 April 2025

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