GAYABAI COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
15150432 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 20 September 2023

End date: 30 September 2024

GAYABAI COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 September 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

GAYABAI COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 September 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 155
Investments:   0
Total current assets: 155
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 155
Total assets less current liabilities: 155
Creditors: amounts falling due after more than one year: 3 ( 283 )
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): (128)
Members' funds
Profit and loss account: (128)
Total members' funds: ( 128)

The notes form part of these financial statements

GAYABAI COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 September 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 June 2025
and signed on behalf of the board by:

Name: Permjit Singh
Status: Director

The notes form part of these financial statements

GAYABAI COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 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

    Other accounting policies

    A cash accounting policy is used.

GAYABAI COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

GAYABAI COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 September 2024

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

2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Other creditors 283
Total 283

COMMUNITY INTEREST ANNUAL REPORT

GAYABAI COMMUNITY INTEREST COMPANY

Company Number: 15150432 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Work done included: The Company’s director delivered free weekly classes at Viking Community Center in Northolt, London, to local women. They appeared to be originally from Somalia or Afghanistan. A course test was set and certificates awarded, and feedback received from some students. From around May 2024, the director delivered a series of classes over approximately six months to clients of Ealing Advice Services in West Ealing, London. These clients contact EAS for a variety of reasons including help obtaining benefits and to resolve financial disputes with landlords or local authorities. The classes delivered aimed to improve clients’ everyday numeracy skills. Classes were also delivered by the director on preparing a CV and Digital Skills such as using email. The following feedback was received by the director about the project: "Hi Permjit, This is an incredibly comprehensive and detailed report - thank you!" "I am going to summarise and include this in... [a] press bulletin as I think it is important to show the incredibly hard work and dedication that you have put in over the past 6 months"

Consultation with stakeholders

The company’s stakeholders are primarily local residents of Ealing who want help to improve their numeracy skills, but also people who want help with CV preparation and everyday digital skills such as sending and receiving email or creating a basic letter on a PC using Word. Feedback on help provided or offered by the director includes: "Everyday maths is what I need to learn, so thank you. We need people like you in the community to help people who have struggled with maths in school or whatever" [A student who came to my everyday maths voluntary class at Northolt library in Jun 24. We had spent around 90 minutes figuring out, literally, how to calculate the electricity bill payment, including: working out the days in the charging period, understanding the meaning of "KWh", what the standing charge is, adding VAT at 5%, rounding decimal to 2 places, converting pennies to pounds, and then repeating the whole exercise replacing the supplier's estimate with an actual meter reading. A kaleidoscope of everyday numeracy skills were required just to figure out how much to pay on one bill. See image below for an example of an electricity bill.] "I have refreshed my every day numeracy in a good level . Now just I would like to thank you for your hard work , I do appreciated ." [This EAS-Clarion client had attended several numeracy classes] "this is good. This is marvellous. Thank you for that" [EAS client who was being shown subtraction, to calculate the change owed from £20 tendered to pay for items bought.] “"Oh very good and professional CV. I appreciate it." [As part of the EAS-Clarion project, I had spent several hours editing and formatting this person's CV so she could get a job in the personal care sector.] a) "Received, thank you. Everything is fine. Thank u so much for always helping me, I appreciate it." and b) "Thank you Singh for always helping me. I appreciate it. Have a nice day." [I have helped this person in many ways over an extended period: initially with preparing a CV (the quote a few rows above is from her about the CV I prepared for her), then showing her how to use Excel, then with her anxiety and panic symptoms, including finding organisations that might help (such as Samaritans and BeFriend and Shaw Trust) and visiting her in a London hospital, then drafting emails to send to her former employer or potential employers, then (which is what quote a) above refers to) for creating an invoice in Word that she can then send to a client for work she had done. She has found employment so all her effort has paid off and she is taking medication for her anxiety.]

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
4 June 2025

And signed on behalf of the board by:
Name: Permjit Singh
Status: Director