REMEC CIC

Company limited by guarantee

Company Registration Number:
15140535 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 15 September 2023

End date: 30 September 2024

REMEC CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

REMEC 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 directors shown below have held office during the whole of the period from
15 September 2023 to 30 September 2024

Obui Amaechi
Ogoma Onwukanjo


Secretary Obui Amaechi

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
10 June 2025

And signed on behalf of the board by:
Name: Obui Amaechi
Status: Secretary

REMEC CIC

Profit And Loss Account

for the Period Ended 30 September 2024

13 months to 30 September 2024


£
Cost of sales: ( 60 )
Gross profit(or loss): (60)
Distribution costs: ( 187 )
Administrative expenses: ( 112 )
Other operating income: 359
Operating profit(or loss): 0
Profit(or loss) before tax: 0
Profit(or loss) for the financial year: 0

REMEC CIC

Balance sheet

As at 30 September 2024

Notes 13 months to 30 September 2024


£
Fixed assets
Intangible assets:   0
Total fixed assets: 0
Current assets
Stocks:   0
Total current assets: 0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

REMEC 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 10 June 2025
and signed on behalf of the board by:

Name: Obui Amaechi
Status: Director

The notes form part of these financial statements

REMEC 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

    Other accounting policies

    FRS 105

REMEC CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    13 months to 30 September 2024
    Average number of employees during the period 4

COMMUNITY INTEREST ANNUAL REPORT

REMEC CIC

Company Number: 15140535 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

REMEC is a leisure, social and supplementary Community Centre set up with the intention to establish a safe, supportive and sustainable environment for members of South East London; particularly North Lewisham and Southwark, to socialise, interact & have fun by utilising resources for self development. REMEC opened for business in September 2023. During the financial year 2023-2024, REMEC’s activities have benefited the community in the following ways: Local residents, young people and the elderly, especially those on low income or living in sheltered accommodation have been able to access free basic essential food stocks and non perishable items, and flowers through the Foodbank programme. REMEC have successfully partnered with the national food surplus distributor to pick up groceries, starting with 3 days - 7 days a week slots. Partnered with a local business to create a Hot Meal Prep for people on lower incomes. Provided internet cafe services for locals without access, and printing facilities for basic emails and personal admin. Provided 2 volunteer and 2 apprentices training in admin, media and design skills on a 12 week basis. Served as a hub for podcast and media outlets for young creatives. Partnered with facilitators to host a creative workshop. Provided a learning and teaching space and facilities for young children, adults & local church goers. Outsourced the library and cultural heritage resources via digital learning programmes for ethnic minorities. Distributed learning resources and books to neighboring community groups. (If applicable, please just state “A social audit report covering these points

Consultation with stakeholders

The company’s stakeholders are local residents of and visitors REMEC and the surrounding area, New Cross Gate. Through meeting with local residents, attending AGM council meetings and devloping relationships with neighbours REMEC have been able to build rapport and gater feedback regarding the services needed in the area. We have done Door to Door leafleting to let locals know about the services provided. A feedback & sign up form was created online for those who may be interested to inform us of the facilities desired, helping us to build up a profile that reflects the current need in order for us to tailor our programmes accordingly. A Community Group was created to allow mobile phone users to easily be notified of Foodbank supplies and the availability, this was important for elderly users with mobility issues who needed delivery of specific items. REMEC have liaised with the council to have the building heating fully systemised, double glazing, roofing and facilities updated to allow case and comfortabilty for service users and local residents.

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
10 June 2025

And signed on behalf of the board by:
Name: Obui Amaechi
Status: Director