ZEROPA CIC

Company limited by guarantee

Company Registration Number:
13285651 (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

ZEROPA CIC

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ZEROPA CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Debtors: 3 7,841 7,841
Cash at bank and in hand: 440 2,244
Total current assets: 8,281 10,085
Net current assets (liabilities): 8,281 10,085
Total assets less current liabilities: 8,281 10,085
Creditors: amounts falling due after more than one year: 4 ( 12,282 ) ( 12,282 )
Accruals and deferred income: ( 860 ) ( 860 )
Total net assets (liabilities): (4,861) (3,057)
Members' funds
Profit and loss account: (4,861) ( 3,057)
Total members' funds: ( 4,861) (3,057)

The notes form part of these financial statements

ZEROPA CIC

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.

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 30 September 2025
and signed on behalf of the board by:

Name: Saqhib Ali
Status: Director

The notes form part of these financial statements

ZEROPA CIC

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

ZEROPA CIC

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

ZEROPA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Debtors

2024 2023
£ £
Trade debtors 7,841 7,841
Total 7,841 7,841

ZEROPA CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 12,282 12,282
Total 12,282 12,282

COMMUNITY INTEREST ANNUAL REPORT

ZEROPA CIC

Company Number: 13285651 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

ZeroPA CIC, previously ZeroPA (Madad) CIC receives donations from the public and grants from foundations and charities. ZeroPA CIC gives out grants of up to £50 towards food, utilities and clothing. Applicants are referred to ZeroPA CIC by places of worship, schools, CABs, Salvation Army and other organisations. Individuals apply through a website and if eligible are sent a voucher.

Consultation with stakeholders

ZeroPA Holdings Ltd works alongside ZeroPA CIC. Customers that apply for a loan of £50-£1000 in the Isle of Man since December 2022 to argid.im and £50-£150 in the UK since March 2025 to zeropa.co.uk if deemed unsuitable for a loan due to affordability may be considered for a grant.

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
30 September 2025

And signed on behalf of the board by:
Name: Saqhib Ali
Status: Director