OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Company limited by guarantee

Company Registration Number:
12550257 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2025

Period of accounts

Start date: 1 May 2024

End date: 30 April 2025

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Contents of the Financial Statements

for the Period Ended 30 April 2025

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

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Directors' report period ended 30 April 2025

The directors present their report with the financial statements of the company for the period ended 30 April 2025

Directors

The directors shown below have held office during the whole of the period from
1 May 2024 to 30 April 2025

Iyiola Momoloso
Kashimawo Oladosu
Simon Olatayo Olarewaju


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
20 July 2025

And signed on behalf of the board by:
Name: Iyiola Momoloso
Status: Director

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Profit And Loss Account

for the Period Ended 30 April 2025

2025 2024


£

£
Administrative expenses: ( 3,878 ) ( 4,689 )
Other operating income: 2,150 740
Operating profit(or loss): (1,728) (3,949)
Profit(or loss) before tax: (1,728) (3,949)
Profit(or loss) for the financial year: (1,728) (3,949)

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Balance sheet

As at 30 April 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 1,448 3,176
Total current assets: 1,448 3,176
Net current assets (liabilities): 1,448 3,176
Total assets less current liabilities: 1,448 3,176
Total net assets (liabilities): 1,448 3,176
Members' funds
Profit and loss account: 1,448 3,176
Total members' funds: 1,448 3,176

The notes form part of these financial statements

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Balance sheet statements

For the year ending 30 April 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 20 July 2025
and signed on behalf of the board by:

Name: Iyiola Momoloso
Status: Director

The notes form part of these financial statements

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

OMU-ARAN DEVELOPMENT COMMUNITY UK CHAPTER CIC

Company Number: 12550257 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

ODA is a Community Interest Company for the welfare of people originally from Omu-Aran in Kwara State, Nigeria, in particular and people of Essex County in general. In the year ended 30th April 2025, the company's activities have benefitted the community in the following ways: 1. Food banks were provided for the less privileged in the community in the quarter ends throughout the year. 2. Welfare packages were provided for the members in need of support

Consultation with stakeholders

The company stakeholders are the members and the residents in the surrounding area. In the year ended 30 April 2025, social events were organised to engage the stakeholders. In these events, directors of the company engaged by asking direct and open questions on how the company could continue to add value to all the stakeholders. The outcome of these now makes up our activities for the coming year

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
20 July 2025

And signed on behalf of the board by:
Name: Iyiola Momoloso
Status: Director