NAMASTE KINGSTON CIC

Company limited by guarantee

Company Registration Number:
15171870 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 28 September 2023

End date: 30 September 2024

NAMASTE KINGSTON CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

NAMASTE KINGSTON CIC

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Directors

The director shown below has held office during the whole of the period from
28 September 2023 to 30 September 2024

Shraddha Ballal


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
4 June 2025

And signed on behalf of the board by:
Name: Shraddha Ballal
Status: Director

NAMASTE KINGSTON CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024


£
Turnover: 23,924
Gross profit(or loss): 23,924
Administrative expenses: ( 10,609 )
Operating profit(or loss): 13,315
Profit(or loss) before tax: 13,315
Tax: ( 2,530 )
Profit(or loss) for the financial year: 10,785

NAMASTE KINGSTON CIC

Balance sheet

As at 30 September 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 13,615
Total current assets: 13,615
Creditors: amounts falling due within one year: 3 ( 2,830 )
Net current assets (liabilities): 10,785
Total assets less current liabilities: 10,785
Total net assets (liabilities): 10,785
Members' funds
Profit and loss account: 10,785
Total members' funds: 10,785

The notes form part of these financial statements

NAMASTE KINGSTON CIC

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.

This report was approved by the board of directors on 4 June 2025
and signed on behalf of the board by:

Name: Shraddha Ballal
Status: Director

The notes form part of these financial statements

NAMASTE KINGSTON CIC

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

    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.

NAMASTE KINGSTON CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

NAMASTE KINGSTON CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024
£
Taxation and social security 2,530
Accruals and deferred income 300
Total 2,830

COMMUNITY INTEREST ANNUAL REPORT

NAMASTE KINGSTON CIC

Company Number: 15171870 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Over the last year, Namaste Kingston has made tremendous efforts to; -Interact with various local government bodies to highlight the strength, contributions and importance of our community. -Interacted & supported various Charities to support their cause -Partnered with other Community Initiatives groups. Our team volunteered to support their various initiatives for the betterment of overall community and will continue to do so in future. Our vision is to create a vibrant and inclusive community where the richness of cultural diversity is celebrated and cherished, continually growing membership since launch. Highlights of events and initiatives so far: -Diwali Utsav in October 2024 and November 2023, attended by over 750 local residents and RBK Mayor & other key dignitaries. -Rangotsav (Holi) in March 2024, attended by over 500 local residents and RBK Mayor. -Celebrated Independence Day on 15th August with Save the World charity Financial & Wellness Awareness -Community interaction with RBK Metropolitan Police on 21st Nov 2024 -Curry night on 23rd Nov with Save the World -Diwali Celebrations at Southborough Nursing Home Our Impact: -Open and Inclusive events for all the residents across the communities & age- group over 2000 residents reached over multiple initiatives -One of the first events in the borough to Go Green -Over 40 small businesses showcased & sold their products -Encouraged entrepreneurship for the secondary school students (Water, soft drinks & Sweets stalls) -Promote volunteering within the community and support students for DoFE volunteering -We were able to support Save the World Club & Milaap Kingston

Consultation with stakeholders

Following are our key stakeholders: 1. Namaste Kingston’s stakeholders are multicultural communities of the Royal Borough of Kingston Upon Thames and neighbouring boroughs. 2. Local councillors and council teams responsible for the cultural integration We regularly conduct surveys and meetings with our key stakeholders. Also after each event we take our attendee feedback which are considered for future events. We conduct meeting with local councillors and attend their monthly neighbourhood surgeries to understand key challenges and identify improvement areas for the community members.

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: Shraddha Ballal
Status: Director