CONNECTED ROMANIANS FROM EXETER DEVON CIC

Company limited by guarantee

Company Registration Number:
15560633 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2025

Period of accounts

Start date: 13 March 2024

End date: 28 February 2025

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Contents of the Financial Statements

for the Period Ended 28 February 2025

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

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Directors' report period ended 28 February 2025

The directors present their report with the financial statements of the company for the period ended 28 February 2025

Principal activities of the company

The principal activity of the company throughout the year was that of other retail sale in non-specialised stores, event catering activities, other education not elsewhere classified and activates of other membership organisations not elsewhere classified



Directors

The director shown below has held office during the period of
22 July 2024 to 28 February 2025

Cristian Damian


The director shown below has held office during the period of
19 July 2024 to 28 February 2025

Andrei Mosoiu


The director shown below has held office during the whole of the period from
13 March 2024 to 28 February 2025

Ion Abuzatoaiei


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
9 October 2025

And signed on behalf of the board by:
Name: Ion Abuzatoaiei
Status: Director

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Profit And Loss Account

for the Period Ended 28 February 2025

2025


£
Turnover: 10,304
Cost of sales: 0
Gross profit(or loss): 10,304
Administrative expenses: ( 10,322 )
Operating profit(or loss): (18)
Profit(or loss) before tax: (18)
Profit(or loss) for the financial year: (18)

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Balance sheet

As at 28 February 2025

Notes 2025


£
Current assets
Cash at bank and in hand: 45,293
Total current assets: 45,293
Net current assets (liabilities): 45,293
Total assets less current liabilities: 45,293
Creditors: amounts falling due after more than one year: 3 ( 32 )
Accruals and deferred income: ( 45,279 )
Total net assets (liabilities): (18)
Members' funds
Profit and loss account: (18)
Total members' funds: ( 18)

The notes form part of these financial statements

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Balance sheet statements

For the year ending 28 February 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 9 October 2025
and signed on behalf of the board by:

Name: Ion Abuzatoaiei
Status: Director

The notes form part of these financial statements

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Notes to the Financial Statements

for the Period Ended 28 February 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

    Turnover policy

    Turnover represents net invoiced sales of goods and services, excluding value added tax

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Office Equipment is depreciated at 20% reducing balance method

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

  • 2. Employees

    2025
    Average number of employees during the period 0

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Notes to the Financial Statements

for the Period Ended 28 February 2025

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

2025
£
Other creditors 32
Total 32

COMMUNITY INTEREST ANNUAL REPORT

CONNECTED ROMANIANS FROM EXETER DEVON CIC

Company Number: 15560633 (England and Wales)

Year Ending: 28 February 2025

Company activities and impact

Connected Romanians from Exeter Devon CIC (C.R.E.D.) was established in March 2024 to support Romanian and diverse communities in Exeter and Devon through social, educational, and recreational projects. We aim to integrate the Romanian community from Devon into the wider community through inclusive, diverse and mixed programs and events that will combat xenophobia and stereotypes, creating a better, happier more prosperous British community. We are delivering a Sport England-funded "Romanian and Mixed Communities Multi Sports" project, organising 24 inclusive multi-sport sessions engaging families of all ages in basketball, badminton, dance, and table tennis. Our cultural integration activities included the "Rhythms of Romania: Dance Extravaganza" project, promoting cross-cultural understanding through traditional Romanian dance workshops and community festivals that reduce cultural isolation. We provided English language lessons for Romanian community members, organised wellbeing workshops, and developed partnerships with local community organisations to create ongoing support networks. Through these activities, we successfully mobilised community members, removed barriers to participation for underrepresented groups, and built stronger bonds between the local Exeter, Devon and Bristol community and the Romanian diaspora while creating meaningful opportunities for cross-cultural friendship building.

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £180 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
9 October 2025

And signed on behalf of the board by:
Name: Ion Abuzatoaiei
Status: Director