THE BLACK EXCELLENCE HUB UK CIC

Company limited by guarantee

Company Registration Number:
15400734 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 9 January 2024

End date: 31 January 2025

THE BLACK EXCELLENCE HUB UK CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

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

THE BLACK EXCELLENCE HUB UK CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Directors

The directors shown below have held office during the whole of the period from
9 January 2024 to 31 January 2025

Dr Ayodeji Oluseyi Akiwowo
Mr Opeyemi Olugbenga Sanwoolu


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
5 October 2025

And signed on behalf of the board by:
Name: Dr Ayodeji Oluseyi Akiwowo
Status: Director

THE BLACK EXCELLENCE HUB UK CIC

Profit And Loss Account

for the Period Ended 31 January 2025

13 months to 31 January 2025


£
Turnover: 74
Cost of sales: ( 1,035 )
Gross profit(or loss): (961)
Administrative expenses: ( 562 )
Operating profit(or loss): (1,523)
Profit(or loss) before tax: (1,523)
Profit(or loss) for the financial year: (1,523)

THE BLACK EXCELLENCE HUB UK CIC

Balance sheet

As at 31 January 2025

Notes 13 months to 31 January 2025


£
Current assets
Cash at bank and in hand: 52
Total current assets: 52
Creditors: amounts falling due within one year: 3 ( 1,575 )
Net current assets (liabilities): (1,523)
Total assets less current liabilities: (1,523)
Total net assets (liabilities): (1,523)
Members' funds
Profit and loss account: (1,523)
Total members' funds: ( 1,523)

The notes form part of these financial statements

THE BLACK EXCELLENCE HUB UK CIC

Balance sheet statements

For the year ending 31 January 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 5 October 2025
and signed on behalf of the board by:

Name: Dr Ayodeji Oluseyi Akiwowo
Status: Director

The notes form part of these financial statements

THE BLACK EXCELLENCE HUB UK CIC

Notes to the Financial Statements

for the Period Ended 31 January 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

THE BLACK EXCELLENCE HUB UK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    13 months to 31 January 2025
    Average number of employees during the period 0

THE BLACK EXCELLENCE HUB UK CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

13 months to 31 January 2025
£
Trade creditors 1,575
Total 1,575

COMMUNITY INTEREST ANNUAL REPORT

THE BLACK EXCELLENCE HUB UK CIC

Company Number: 15400734 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

The Black Excellence Hub UK CIC was established to provide leadership development, cultural education, and professional growth opportunities for young people and early-career professionals. The company’s activities focus on: Supporting college and university students (aged 18–25) who seek to enhance their leadership abilities, expand networks, and engage in community initiatives. Empowering young professionals (aged 18–25) at the start of their careers to develop leadership skills and contribute to their communities. Engaging postgraduate students and young professionals (aged 22+) who are committed to advanced learning, leadership development, and community involvement. Although trading activity during the period was nominal, the directors have laid the groundwork for future programmes, networks, and educational initiatives that will directly benefit these groups through cultural and educational support.

Consultation with stakeholders

The directors have engaged with students, young professionals, and community representatives through informal discussions, planning sessions, and network-building activities. These consultations have shaped the planned activities of the CIC and ensured alignment with the needs of the target beneficiaries.

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
5 October 2025

And signed on behalf of the board by:
Name: Dr Ayodeji Oluseyi Akiwowo
Status: Director