S.M.I.L.E-ING BOYS CIC

Company limited by guarantee

Company Registration Number:
12948649 (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

S.M.I.L.E-ING BOYS 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

S.M.I.L.E-ING BOYS 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

Directors

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

Adekunle Rufai
Adeola Oriade
Kemi Adegboye


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
29 July 2025

And signed on behalf of the board by:
Name: Adekunle Rufai
Status: Director

S.M.I.L.E-ING BOYS CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 20,318 61,101
Cost of sales: ( 100,354 ) ( 62,927 )
Gross profit(or loss): (80,036) (1,826)
Distribution costs: ( 80 ) ( 162 )
Administrative expenses: ( 103,593 ) ( 70,224 )
Other operating income: 143,000 184,331
Operating profit(or loss): (40,709) 112,119
Interest receivable and similar income: 0 0
Interest payable and similar charges: ( 60 ) 0
Profit(or loss) before tax: (40,769) 112,119
Profit(or loss) for the financial year: (40,769) 112,119

S.M.I.L.E-ING BOYS CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 0 8,022
Cash at bank and in hand: 108,723 132,812
Total current assets: 108,723 140,834
Creditors: amounts falling due within one year: 4 ( 8,658 ) 0
Net current assets (liabilities): 100,065 140,834
Total assets less current liabilities: 100,065 140,834
Total net assets (liabilities): 100,065 140,834
Members' funds
Profit and loss account: 100,065 140,834
Total members' funds: 100,065 140,834

The notes form part of these financial statements

S.M.I.L.E-ING BOYS 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 29 July 2025
and signed on behalf of the board by:

Name: Adekunle Rufai
Status: Director

The notes form part of these financial statements

S.M.I.L.E-ING BOYS 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

S.M.I.L.E-ING BOYS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 3

S.M.I.L.E-ING BOYS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 2023
£ £
Other debtors 0 8,022
Total 0 8,022

S.M.I.L.E-ING BOYS CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 8,658 0
Total 8,658 0

COMMUNITY INTEREST ANNUAL REPORT

S.M.I.L.E-ING BOYS CIC

Company Number: 12948649 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

S.M.I.L.E-ING BOYS CIC

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £12,570.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Adekunle Rufai
Status: Director