MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Company Registration Number:
12512573 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Cost of sales: ( 2,925 ) ( 19,615 )
Gross profit(or loss): (2,925) (19,615)
Distribution costs: ( 51 ) ( 2,285 )
Administrative expenses: ( 1,714 ) ( 13,708 )
Other operating income: 4,279 34,593
Operating profit(or loss): (411) (1,015)
Profit(or loss) before tax: (411) (1,015)
Profit(or loss) for the financial year: (411) (1,015)

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 415 461
Total fixed assets: 415 461
Current assets
Debtors: 4 95
Cash at bank and in hand: 167 147
Total current assets: 262 147
Creditors: amounts falling due within one year: 5 ( 14,859 ) ( 14,380 )
Net current assets (liabilities): (14,597) (14,233)
Total assets less current liabilities: (14,182) ( 13,772)
Total net assets (liabilities): (14,182) (13,772)
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (14,183 ) (13,773 )
Total Shareholders' funds: ( 14,182 ) (13,772)

The notes form part of these financial statements

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Balance sheet statements

For the year ending 31 March 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 11 July 2025
and signed on behalf of the board by:

Name: Askia Ibrahim Warne
Status: Director

The notes form part of these financial statements

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis Office Equipment 10 Percent Reducing Balance

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2024 569 569
Additions
Disposals
Revaluations
Transfers
At 31 March 2025 569 569
Depreciation
At 1 April 2024 108 108
Charge for year 46 46
On disposals
Other adjustments
At 31 March 2025 154 154
Net book value
At 31 March 2025 415 415
At 31 March 2024 461 461

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
£ £
Other debtors 95
Total 95

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 479 527
Other creditors 14,380 13,853
Total 14,859 14,380

COMMUNITY INTEREST ANNUAL REPORT

MRU SOCIAL AND ECONOMIC COMMUNITY CIC

Company Number: 12512573 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The MRU Social Community consist of all voluntary organisations operating within the MRU Community in the UK. In our second annual report, we indicated that supporting the voluntary sector is at the heart of our agenda and at the top of our priority list. We also stated that our aim was to provide organisations within the voluntary sector with tailored support that enable them to grow and continue delivering the much-needed services that continue to make deeper and wider impact on the health, social, and economic wellbeing of our beneficiaries. In achieving this aim, in 2023, we focused our attention on the establishment and continuous development of the MRU Community Law Centre but also continued working with our partner charities to build a stronger and more interconnected MRU Community. As a result of the tremendous progress, we have made in developing the MRU Social Community, we have been able to establish strong partnerships with sister organisations that are delivering very important projects in the health and social care sector, in the entertainment sector, and in the cultural promotion sector. These partnerships and networks have begun sowing the seeds of not only a strong and connected community, but also innovative collaborative partnerships between the voluntary sector and the business sector. In the medium and long-term, the hope is that the interlink between the voluntary and business sectors will address the major problems affecting the voluntary organisations within the partnerships we are establishing, including funding. We foresee the creation of mutual beneficial partnerships between the voluntary and business sectors where all parties including the beneficiaries and bystanders will all win. We will continue to nurture and develop this innovative link between the voluntary and business sectors over the coming years through continuous engagement and working collaboratively in projects capable of strengthening the relationships between these two major sectors.

Consultation with stakeholders

The MRU Community consists of communities from Sierra Leone, Guinea, Liberia, Ivory Coast, Gambia, Guinea-Bissau, Mali, Mauritania, and Senegal living in the UK. We meet once every month and agree on projects to be designed and implemented for the year and also update each other on ongoing projects. We provide regular monthly updates through monthly newsletters widely circulated across the community.

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
11 July 2025

And signed on behalf of the board by:
Name: Askia Ibrahim Warne
Status: Director