DIWIS CREATIONS CIC

Company limited by guarantee

Company Registration Number:
14561187 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

DIWIS CREATIONS CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

DIWIS CREATIONS 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

Cultural Education and Artistic Creation.

Company policy on disabled employees

The CIC has an Equal Opportunities Policy



Directors

The directors shown below have held office during the whole of the period from
1 December 2023 to 30 November 2024

Victoria Olawoye
Felicia Akintan


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
26 August 2025

And signed on behalf of the board by:
Name: Victoria Olawoye
Status: Director

DIWIS CREATIONS CIC

Balance sheet

As at 30 November 2024

Notes 2024 11 months to 30 November 2023


£

£
Current assets
Cash at bank and in hand: 2,973 0
Total current assets: 2,973 0
Creditors: amounts falling due within one year: 3 ( 2,973 ) 0
Net current assets (liabilities): 0 0
Total assets less current liabilities: 0 0
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

DIWIS CREATIONS 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 26 August 2025
and signed on behalf of the board by:

Name: Victoria Olawoye
Status: Director

The notes form part of these financial statements

DIWIS CREATIONS 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

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows Plant and machinery over 4 years Fixtures, fittings, tools and equipment over 4 years

DIWIS CREATIONS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 11 months to 30 November 2023
    Average number of employees during the period 0 0

DIWIS CREATIONS CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

2024 11 months to 30 November 2023
£ £
Other creditors 2,973 0
Total 2,973 0

COMMUNITY INTEREST ANNUAL REPORT

DIWIS CREATIONS CIC

Company Number: 14561187 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

DIWIS Creations CIC delivered a pilot creative craft activities programme of seven sessions for young people aged 16 to 25 in London Borough of Barnet. Some taster sessions were also organised for adults and vulnerable older people. The project benefited the community by engaging young people in positive activities that supported their wellbeing, improved social interaction, and enhanced their readiness for education, training, and employment.

Consultation with stakeholders

No consultation with stakeholders

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
26 August 2025

And signed on behalf of the board by:
Name: Victoria Olawoye
Status: Director