DIVINE BUZZ CIC

Company limited by guarantee

Company Registration Number:
12961633 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

DIVINE BUZZ CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

DIVINE BUZZ CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

During the financial year 2023/24 we received various restricted funds from our funders and donors who support our work financially or in-kind, including the National Lottery Community Fund “Reaching Communities,” Partnership and High Cost of living”, Peabody Housing Association, Royal Borough of Greenwich and service providers who help ensure our programmes align with safeguarding, SEND, and public health standards. Divine Buzz continued its mission to eliminate isolation and loneliness by promoting well-being, inclusion, and cultural education through a suite of community-driven programmes. Key activities included the After-School Club and Holiday programmes supporting child development and family needs. In total, Divine Buzz supported about 400 children and young people through various projects. The Women’s Exercise and Free Gym access fostering fitness and empowerment, and Healthy Eating & Social Club promoting nutrition and social connection. All these initiatives increase community integration and promote cohesion. Our creative workshops, like hair braiding, makeup, and sewing, enabled skillbuilding and cultural expression. The Swimming and Cycling programme offered vital life skills and built confidence among women and children. The Community Food Give-Out addressed food insecurity, and enrichment trips broadened horizons and created joyful experiences for local youth. Throughout the financial year, Divine Buzz supported approximately 200 women and 170 families through our various initiatives and referrals to essential local services. Together, these initiatives reflected Divine Buzz’s commitment to dignity, solidarity, and holistic support for vulnerable and diverse communities.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Ellen Otchere
Richard Nyarko
Rose Korankye
Grace Karikari Sarpong


The director shown below has held office during the period of
1 November 2023 to 26 January 2024

Clara Badu Amoah


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
21 July 2025

And signed on behalf of the board by:
Name: Rose Korankye
Status: Director

DIVINE BUZZ CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 197,934 70,971
Cost of sales: ( 187,851 ) ( 67,143 )
Gross profit(or loss): 10,083 3,828
Distribution costs: 0 0
Administrative expenses: ( 8,682 ) ( 2,782 )
Other operating income: 0 0
Operating profit(or loss): 1,401 1,046
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 1,401 1,046
Tax: 0 0
Profit(or loss) for the financial year: 1,401 1,046

DIVINE BUZZ CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 27,470 1,046
Investments:   0 0
Total current assets: 27,470 1,046
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 25,023 ) 0
Net current assets (liabilities): 2,447 1,046
Total assets less current liabilities: 2,447 1,046
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 2,447 1,046
Members' funds
Profit and loss account: 2,447 1,046
Total members' funds: 2,447 1,046

The notes form part of these financial statements

DIVINE BUZZ CIC

Balance sheet statements

For the year ending 31 October 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 21 July 2025
and signed on behalf of the board by:

Name: Rose Korankye
Status: Director

The notes form part of these financial statements

DIVINE BUZZ CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

    Our organisational turnover primarily consists of restricted funding tied to specific projects and activities. As such, income recognition often spans across two financial years, depending on the timing of fund disbursement and project delivery. We adopt a deferral approach when we receive funds late or project completion extends beyond the financial year. Unspent restricted funds are carried forward to the following financial period to ensure their use aligns with the intended project scope and timeline. This ensures both fiscal responsibility and accountability to our funders. All deferred income is appropriately recorded in our accounts in compliance with relevant financial reporting standards and funder agreements. We review deferred balances annually to track usage and inform strategic planning.

DIVINE BUZZ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 9 4

DIVINE BUZZ CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 0 0
Accruals and deferred income 0 0
Other creditors 25,023 0
Total 25,023 0

COMMUNITY INTEREST ANNUAL REPORT

DIVINE BUZZ CIC

Company Number: 12961633 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

During the 2023/24 financial year, Divine Buzz delivered a diverse range of programmes designed to support, empower, and uplift the local community. Our After-School Club provided 250 children/young people with a safe, nurturing environment for learning and play, while holiday programmes offered enriching experiences and vital childcare support for families. Women’s Exercise, Healthy Eating & Social Club, and the Free Gym strengthened physical wellbeing and boosted confidence, particularly among underserved groups. Our Swimming and Cycling Programme enhanced water safety and road awareness, enabling participants especially women from ethnic minority backgrounds to acquire essential life skills while forging strong social connections. Creative initiatives such as Hair Braiding & Makeup and Sewing Workshops promoted cultural expression, entrepreneurship, and intergenerational learning. Collaborations with partners like the Felix Project and the National Lottery helped combat food insecurity through the Community Food Give-Out, ensuring families had access to essentials during cost-of-living pressures. Community trips created lasting memories for children while expanding their horizons through new experiences. Collectively, these services fostered inclusion, resilience, and solidarity, providing tangible support while nurturing, emotional and physical wellbeing across age groups. Divine Buzz’s impact was not just measurable it was deeply felt, with a strong emphasis on dignity, access, and joyful community participation. We remain committed to expanding our reach and deepening our impact in the coming year, guided by the voices and needs of the community we serve.

Consultation with stakeholders

Divine Buzz carried out meaningful consultations with a wide range of stakeholders to ensure our programmes were responsive, inclusive, and impactful. These consultations included: Community Conversations: Our regular forums and informal dialogues with parents, caregivers, and young participants helped shape activities like the After-School Club, Women’s Exercise sessions, and School Holiday Programmes. Feedback highlighted the need for flexible scheduling, cultural relevance, and opportunities for creative expression. We shared a comprehensive end-of-project report with stakeholders and held strategic discussions with key funders. All parties expressed satisfaction and support for the ongoing partnership. Volunteer & Staff Input: Volunteers and staff contributed through monthly reflection meetings and training sessions, including targeted SEND workshops. Their insights guided the development of inclusive activities and sensory-based approaches that better supported children with diverse needs. Surveys & Feedback Tools: Simple feedback forms and visual boards were used after events and trips to capture participant voices, with data used to refine planning and address emerging community priorities. These consultations had strengthened trust, encouraged co-creation, and ensured Divine Buzz’s services remained grounded in lived experience and community aspirations.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £49,425. No other transactions, arrangements, or compensations related to directors’ remuneration or loss of office were reportable.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
21 July 2025

And signed on behalf of the board by:
Name: Rose Korankye
Status: Director