GEMICRO GROUP COMMUNITY INTEREST COMPANY

Company Registration Number:
10536392 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2024

Profit and loss
Balance sheet
Additional notes
Community Interest Report

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 550 8,305
Gross profit(or loss): 550 8,305
Administrative expenses: ( 1,935 ) ( 4,994 )
Operating profit(or loss): (1,385) 3,311
Profit(or loss) before tax: (1,385) 3,311
Tax: ( 729 )
Profit(or loss) for the financial year: (2,114) 3,311

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Called up share capital not paid: 1 1
Current assets
Cash at bank and in hand: 8,525 10,651
Total current assets: 8,525 10,651
Net current assets (liabilities): 8,525 10,651
Total assets less current liabilities: 8,526 10,652
Total net assets (liabilities): 8,526 10,652
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 8,525 10,651
Total Shareholders' funds: 8,526 10,652

The notes form part of these financial statements

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 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 31 March 2025
and signed on behalf of the board by:

Name: Ralf Kroessin
Status: Director

The notes form part of these financial statements

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 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

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

COMMUNITY INTEREST ANNUAL REPORT

GEMICRO GROUP COMMUNITY INTEREST COMPANY

Company Number: 10536392 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

GEMicro Group CIC serves the community by promoting financial inclusion in the UK and overseas. During the financial year 2024, our activities have benefited the community in the following ways: - providing insights into climate finance and participated in climate change policy workshops - engaging in consultations with a range of stakeholders on community development finance - carrying out research on UK financial exclusion within ethnic minority groups

Consultation with stakeholders

GEMicro's stakeholders are community development finance and microfinance institutions committed to providing ethical finance to excluded groups in the UK and abroad. Through workshops and working groups that we are engaged in we solicit feedback to inform our service design.

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
31 March 2025

And signed on behalf of the board by:
Name: Ralf Kroessin
Status: Director