BEYOND BRAIDZ CIC

Company limited by guarantee

Company Registration Number:
15290823 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 17 November 2023

End date: 30 November 2024

BEYOND BRAIDZ CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

BEYOND BRAIDZ CIC

Directors' report period ended 30 November 2024

The directors present their report with the financial statements of the company for the period ended 30 November 2024

Principal activities of the company

The directors present their report and the unaudited financial statements of the company for the period from 17 November 2023 to 30 November 2024. Principal Activities of the company The company began its activities by cultivating relationships with existing community hubs providing free services and engagement to complement existing offerings while developing strategies for better impact. Hence there was no income in 2023. These early collaborations not only enhanced community trust but also resulted in initial income streams in the subsequent year and ultimately contributed to securing our first grant from Black Culture Collective CIC (a grant manager for Peabody Thamesmead; for a cultural project in 2024 (shown in the P&L income statement). Other income generated in the year was activities carried out by directors for other community hubs. Consequently, in 2024, the organization actively engaged over 100 children across diverse cultural and skills-building workshops, in collaboration with community hubs and educational institutions. Feedback from both partners and participants has been overwhelmingly positive, affirming that our programs are filling gaps as well as effectively creating safe spaces where children can build confidence, develop skills, and forge meaningful connections. Additionally, our adult workshops have played a vital role in reducing social isolation and fostering cohesion within our diverse community. The company’s projection for 2025 appears promising and exciting, with the trust built across partners, funders, stakeholders and the communities who directly benefit from every project. The organisation is aiming to recruit support staff and involve more volunteers as well as become a hub for work experience and placements for young students in the coming year. Serving officers The directors who served the company during the period were as follows: Bukola Joel Joe Caxton-Idowu Christiana Ogunbote



Directors

The director shown below has held office during the period of
30 January 2024 to 30 November 2024

Joe Caxton-Idowu


The director shown below has held office during the period of
11 January 2024 to 30 November 2024

Ogunbote Christiana Abosede


The director shown below has held office during the whole of the period from
17 November 2023 to 30 November 2024

Bukola Joel


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
15 July 2025

And signed on behalf of the board by:
Name: Bukola Joel
Status: Director

BEYOND BRAIDZ CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024


£
Turnover: 3,750
Cost of sales: ( 822 )
Gross profit(or loss): 2,928
Administrative expenses: ( 3,265 )
Operating profit(or loss): (337)
Interest receivable and similar income: 3,000
Interest payable and similar charges: ( 1,023 )
Profit(or loss) before tax: 1,640
Tax: ( 185 )
Profit(or loss) for the financial year: 1,455

BEYOND BRAIDZ CIC

Balance sheet

As at 30 November 2024

Notes 2024


£
Fixed assets
Intangible assets:   0
Tangible assets: 3 661
Investments:   0
Total fixed assets: 661
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,533
Investments:   0
Total current assets: 1,533
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 4 ( 739 )
Net current assets (liabilities): 794
Total assets less current liabilities: 1,455
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 1,455
Members' funds
Profit and loss account: 1,455
Total members' funds: 1,455

The notes form part of these financial statements

BEYOND BRAIDZ CIC

Balance sheet statements

For the year ending 30 November 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 15 July 2025
and signed on behalf of the board by:

Name: Bukola Joel
Status: Director

The notes form part of these financial statements

BEYOND BRAIDZ CIC

Notes to the Financial Statements

for the Period Ended 30 November 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

    Notes to the Financial Statements for the Period Ended 30 November 2024 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 policy primarily consists of restricted funding tied to specific projects and activities. Unspent restricted funds will be 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.

BEYOND BRAIDZ CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024
    Average number of employees during the period 1

BEYOND BRAIDZ CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 661 661
Disposals
Revaluations
Transfers
At 30 November 2024 661 661
Depreciation
Charge for year 0 0
On disposals
Other adjustments
At 30 November 2024 0 0
Net book value
At 30 November 2024 661 661

BEYOND BRAIDZ CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due within one year note

2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Other creditors 739
Total 739

COMMUNITY INTEREST ANNUAL REPORT

BEYOND BRAIDZ CIC

Company Number: 15290823 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

In its inaugural year, the organisation’s community engagement efforts laid a strong foundation for meaningful relationships with existing community hubs and key stakeholders, including local schools. This strategic focus was driven by our commitment to providing safe, inclusive spaces dedicated to cultural education and skills development for children and their families, regardless of background or ethnicity. The organisation was warmly welcomed by community partners, establishing an environment conducive to collaboration. While no immediate business transactions occurred in the initial months following our launch in November 2023, the partnerships fostered during this period laid critical groundwork for future growth. These early collaborations not only enhanced community trust but also resulted in initial income streams in the subsequent year and ultimately contributed to securing our first grant from Black Culture Collective CIC (a grant manager for Peabody Thamesmead) for a cultural project in 2024 (shown in the P&L income statement). Other income generated in the year was activities carried out by directors for other community hubs. Throughout 2024, the organisation actively engaged over 100 children across diverse cultural and skills-building workshops, in collaboration with community hubs and educational institutions. Feedback from both partners and participants has been overwhelmingly positive, affirming that our programs are filling gaps as well as effectively creating safe spaces where children can build confidence, develop skills, and forge meaningful connections. Additionally, our adult workshops have played a vital role in reducing social isolation and fostering cohesion within our diverse community. The company’s projection for 2025 appears promising and exciting, with the trust built across partners, funders, stakeholders and the communities who directly benefit from every project. The organisation is aiming to recruit support staff and involve more volunteers as well as become a hub for work experience and placements for young students in the coming year.

Consultation with stakeholders

Feedback is weaved into the organisation’s culture and growth strategy where we listen, reflect and revisit our ethos and offerings in order to continue to benefit the community we serve. Parents have requested a long-term project for secondary school students. This feedback we have taken on board and aim to implement in the coming year, given availability of funding. Other stakeholders have also advised that our offerings should visit more schools to embed mentoring activities within the academic setting. This we have taken on board for the next year.

Directors' remuneration

The directors only get paid for the work carried out within the organisation. The total amount paid or receivable by directors in respect of qualifying services was £2200. This is stated in the company’s profit and loss account within the administrative cost. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for the director's loss of office, which required to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

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

And signed on behalf of the board by:
Name: Bukola Joel
Status: Director