BRISTOL KORA CIC

Company limited by guarantee

Company Registration Number:
11933573 (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

BRISTOL KORA CIC

Contents of the Financial Statements

for the Period Ended 30 April 2025

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

BRISTOL KORA 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

Principal activities of the company

The company operates a community centre catering primarily to Black, Asian, and Minority Ethnic Groups (BAME), which includes a cafe, tailoring workshop, and community hall. The community centre is a central meeting point for us to help and educate our members about pressing social needs. When necessary, we refer them to relevant organizations for further support.



Directors

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

Alagie Gibba


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
12 August 2025

And signed on behalf of the board by:
Name: Alagie Gibba
Status: Director

BRISTOL KORA CIC

Profit And Loss Account

for the Period Ended 30 April 2025

2025 2024


£

£
Turnover: 22,543 22,486
Cost of sales: ( 33,214 ) ( 27,250 )
Gross profit(or loss): (10,671) (4,764)
Administrative expenses: ( 31,611 ) ( 19,296 )
Other operating income: 45,365 22,385
Operating profit(or loss): 3,083 (1,675)
Profit(or loss) before tax: 3,083 (1,675)
Profit(or loss) for the financial year: 3,083 (1,675)

BRISTOL KORA CIC

Balance sheet

As at 30 April 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 625 762
Total fixed assets: 625 762
Current assets
Cash at bank and in hand: 1,517 1,086
Total current assets: 1,517 1,086
Creditors: amounts falling due within one year: 4 ( 19,682 ) ( 22,471 )
Net current assets (liabilities): (18,165) (21,385)
Total assets less current liabilities: (17,540) ( 20,623)
Total net assets (liabilities): (17,540) (20,623)
Members' funds
Profit and loss account: (17,540) ( 20,623)
Total members' funds: ( 17,540) (20,623)

The notes form part of these financial statements

BRISTOL KORA 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 12 August 2025
and signed on behalf of the board by:

Name: Alagie Gibba
Status: Director

The notes form part of these financial statements

BRISTOL KORA 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

BRISTOL KORA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 5 4

BRISTOL KORA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2024 2,270 2,270
Additions
Disposals
Revaluations
Transfers
At 30 April 2025 2,270 2,270
Depreciation
At 1 May 2024 1,508 1,508
Charge for year 137 137
On disposals
Other adjustments
At 30 April 2025 1,645 1,645
Net book value
At 30 April 2025 625 625
At 30 April 2024 762 762

BRISTOL KORA CIC

Notes to the Financial Statements

for the Period Ended 30 April 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 1,129 1,129
Accruals and deferred income 553 811
Other creditors 18,000 20,531
Total 19,682 22,471

COMMUNITY INTEREST ANNUAL REPORT

BRISTOL KORA CIC

Company Number: 11933573 (England and Wales)

Year Ending: 30 April 2025

Company activities and impact

The company operates a community centre catering primarily to Black, Asian, and Minority Ethnic Groups (BAME), which includes a cafe, tailoring workshop, and community hall. The community centre is a central meeting point for us to help and educate our members about pressing social needs. When necessary, we refer them to relevant organizations for further support.

Consultation with stakeholders

Our company has two main groups of stakeholders: registered members and associated members. Registered members are those who pay a registry fee and are bound by our rules and regulations. They also form the pool of our volunteers who help in the day-to-day activities of the company. On the other hand, associated members are individuals who use our services but are not registered members. This group makes up the majority of our service users. Our company's directors are the brainchild of our organization, and they form part of the nucleus of our community. Having lived in our Community for many years, they possess extensive knowledge regarding the needs of our community, which led to the establishment of the company. At our community centre, we ask all visitors to complete a short questionnaire to understand their reasons for visiting. We also regularly conduct focus groups to consult with members on issues we want to implement and gather their opinions on such matters. Additionally, we engage with our members through our social media sites and groups to seek their feedback and suggestions. We collected valuable information from our research that helped us understand the needs of our service users. Based on this information, we have decided to establish a youth hub, which is currently in the planning stage. Crime and antisocial behaviors have become a significant concern for our service users, and it is the reason for most of their visits to our centre. Our consultations revealed that there is a strong desire among our members to have a dedicated youth hub to help with the rising crime issue.

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
12 August 2025

And signed on behalf of the board by:
Name: Alagie Gibba
Status: Director