FAZAMNESTY UK CIC

Company Registration Number:
11948409 (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

FAZAMNESTY UK CIC

Contents of the Financial Statements

for the Period Ended 31 August 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

FAZAMNESTY UK CIC

Directors' report period ended 31 August 2024

The directors present their report with the financial statements of the company for the period ended 31 August 2024

Principal activities of the company

The principal activities of Fazamnesty UK CIC for the financial year from September 2023 to August 2024 have centred around promoting social justice, reducing violence, and empowering communities through education and support initiatives. As a Community Interest Company, Fazamnesty’s mission remains focused on creating safer environments and fostering a sense of social responsibility within local communities. Key activities during this period included: Community Safety and Crime Prevention: Fazamnesty has been instrumental in efforts to reduce knife crime in local communities. This was achieved through proactive patrols and educational workshops in schools, which focused on knife crime awareness, the dangers of carrying weapons, and steps individuals can take to stay safe. Additionally, the company played a key role in removing 5,000 weapons from the streets, significantly reducing the potential for violent incidents. Educational Workshops: Fazamnesty ran a series of workshops to educate young people and communities about the importance of knife awareness and the use of life-saving bleed control kits. These workshops equipped participants with essential skills to act in emergencies, enhancing community resilience in the face of violent incidents. Support for Vulnerable Groups: Throughout the year, Fazamnesty continued its commitment to supporting marginalised and vulnerable groups by providing resources that promote inclusion, safety, and community cohesion. These efforts strengthened local community ties and encouraged collective action to address social challenges. Collaboration with Local Authorities and Organisations: The company maintained strong partnerships with local authorities, charities, and international organisations, enabling the delivery of impactful community services and supporting Fazamnesty’s mission to improve public safety and well-being. The Directors are confident that these activities have significantly benefited the community by making it safer, better informed, and more resilient. Fazamnesty UK CIC remains committed to continuing these efforts and expanding its reach to further contribute to positive social change in the future.



Directors

The director shown below has held office during the whole of the period from
1 September 2023 to 31 August 2024

Faron Alexander Paul


The director shown below has held office during the period of
20 May 2024 to 31 August 2024

Christopher Calvin Alexander Mccoy


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
30 May 2025

And signed on behalf of the board by:
Name: Faron Alexander Paul
Status: Director

FAZAMNESTY UK CIC

Balance sheet

As at 31 August 2024

Notes 2024 2023


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 23,840 487
Investments:   0
Total current assets: 23,840 487
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year:   0 0
Net current assets (liabilities): 23,840 487
Total assets less current liabilities: 23,840 487
Creditors: amounts falling due after more than one year: 3 ( 4,550 ) ( 450 )
Provision for liabilities: ( 750 ) 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 18,540 37
Capital and reserves
Called up share capital: 1 1
Share premium account: 0 0
Other reserves: 11,680 0
Profit and loss account: 6,859 36
Total Shareholders' funds: 18,540 37

The notes form part of these financial statements

FAZAMNESTY UK 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 31 May 2025
and signed on behalf of the board by:

Name: Faron Alexander Paul
Status: Director

The notes form part of these financial statements

FAZAMNESTY UK 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

    Intangible fixed assets amortisation policy

    1. Capitalisation of Domain Name Costs: The costs associated with acquiring fazamnesty.com (including the registration, renewal, and any related fees) are capitalised as an intangible asset in the company’s accounts. These costs will be recorded under intangible fixed assets on the balance sheet at the point of purchase. 2. Amortisation of Domain Name: Amortisation Period: The domain name fazamnesty.com is likely to have an indefinite useful life. As long as the domain name is renewed and remains integral to the company’s branding, email systems, and online presence, it will not be subject to annual amortisation. Review of Impairment: If for any reason the domain name loses relevance or if there is a significant change in business direction that makes the domain no longer useful (e.g., if the company changes its name or rebrands), we will assess the domain name for impairment. Any loss of value would be recorded as an impairment charge. 3. Renewal and Ongoing Costs: The costs of renewing fazamnesty.com annually will be treated as operational expenses and charged to the income statement when they are paid. These costs will not be capitalised as part of the intangible asset but recognised as periodic operating costs. 4. Policy Review: The value of fazamnesty.com will be reviewed periodically to ensure that it still holds the same value. In case of any significant change that might affect its worth, such as a rebranding or shift in focus, the domain name will be re-assessed, and any impairment will be accounted for accordingly.

    Valuation information and policy

    Valuation Information for Fazamnesty UK CIC Fazamnesty UK CIC operates with a core focus on benefiting the community and promoting social justice, rather than generating profit. As a Community Interest Company (CIC), the valuation of the company is primarily driven by its social impact, community engagement, and the tangible and intangible assets that support its mission. Key Aspects of Valuation: Community Impact: Fazamnesty UK CIC delivers significant value through its community engagement, social outreach, and crime prevention initiatives. The company has made substantial progress in raising awareness about knife crime, providing educational workshops, and supporting local communities in reducing violence. The social capital generated by these efforts contributes to the company’s overall value. Its programmes, such as school workshops on knife awareness, community safety patrols, and bleed kit training, play a key role in creating safer environments, further solidifying the CIC’s community impact. Free Rent Agreement: A crucial factor in the sustainability of the company is the free rent agreement for its operational premises. This arrangement significantly reduces overhead costs and allows Fazamnesty UK CIC to allocate more resources directly into community-based activities, social programmes, and outreach initiatives. The value of this cost-saving arrangement enhances the company’s ability to reinvest in its mission. Domain Name (fazamnesty.com): Fazamnesty.com, the company’s domain name, is an important intangible asset. It is central to the company’s online presence, facilitating communication, education, and engagement with the wider public. The domain name has value due to its role in promoting the company’s mission, enabling donations, and offering a platform for the dissemination of information about the CIC’s activities. Social Value: As a CIC, Fazamnesty UK CIC generates substantial social value. This value is derived from its focus on improving public safety, fostering community engagement, and raising awareness on critical issues such as human rights, equality, and crime prevention. The impact of the company’s initiatives can be measured through community feedback, improvements in safety, and increased public awareness of social issues. Sponsorship and Donations: Fazamnesty UK CIC has built strong relationships with local authorities, charities, and organisations that recognise the value of its work. The company’s ability to secure sponsorships, donations, and grants ensures its financial stability and sustainability, further enhancing its ability to continue its outreach programmes and contribute positively to society. Growth Potential: Fazamnesty UK CIC has significant potential for growth, both in terms of expanding its outreach and increasing its programme offerings. This potential to scale and reach more communities strengthens the company’s value, ensuring long-term sustainability and impact. Conclusion: The valuation of Fazamnesty UK CIC reflects both its tangible and intangible assets. While its primary value is in the positive social change it fosters through its community outreach, education, and crime prevention efforts, the company also benefits from key assets such as the free rent agreement and the fazamnesty.com domain name. The combination of these factors, along with its growth potential and social impact, contributes to the company’s overall value and ongoing ability to serve the community. This valuation information reflects the social, financial, and operational aspects that contribute to the overall success and sustainability of Fazamnesty UK CIC.

FAZAMNESTY UK 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

FAZAMNESTY UK CIC

Notes to the Financial Statements

for the Period Ended 31 August 2024

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

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 4,550 450
Total 4,550 450

COMMUNITY INTEREST ANNUAL REPORT

FAZAMNESTY UK CIC

Company Number: 11948409 (England and Wales)

Year Ending: 31 August 2024

Company activities and impact

During the financial year from September 2023 to August 2024, Fazamnesty has made a significant impact on the community through its wide-ranging initiatives. One of the key achievements was the successful removal of 5,000 weapons from the streets, contributing to a safer environment and reducing the risk of violence and crime. Fazamnesty has also conducted patrols in local communities, working closely with schools to raise awareness about knife crime and its dangers. Through these school workshops, the company has educated young people about knife awareness, the risks associated with carrying weapons, and how to stay safe. Additionally, Fazamnesty has provided training on the use of bleed control kits, equipping individuals with the life-saving knowledge and skills to respond in emergencies. The company’s efforts have directly contributed to a safer, more informed community, where individuals are better equipped to handle potentially dangerous situations. Through these initiatives, Fazamnesty has worked tirelessly to ensure that communities feel more secure and that people are empowered with the knowledge they need to make safer choices and save lives in critical moments.

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
30 May 2025

And signed on behalf of the board by:
Name: Faron Paul
Status: Director