SISTERS IN BUSINESS COMMUNITY CIC

Company limited by guarantee

Company Registration Number:
13165264 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 1 February 2024

End date: 31 January 2025

SISTERS IN BUSINESS COMMUNITY 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

SISTERS IN BUSINESS COMMUNITY 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 director shown below has held office during the whole of the period from
1 February 2024 to 31 January 2025

Jennifer Ogunyemi


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
23 September 2025

And signed on behalf of the board by:
Name: Jennifer Ogunyemi
Status: Director

SISTERS IN BUSINESS COMMUNITY CIC

Profit And Loss Account

for the Period Ended 31 January 2025

2025 2024


£

£
Turnover: 9,520 27,867
Cost of sales: ( 7,039 ) ( 10,533 )
Gross profit(or loss): 2,481 17,334
Administrative expenses: ( 7,003 ) ( 16,871 )
Operating profit(or loss): (4,522) 463
Profit(or loss) before tax: (4,522) 463
Tax: ( 88 )
Profit(or loss) for the financial year: (4,522) 375

SISTERS IN BUSINESS COMMUNITY CIC

Balance sheet

As at 31 January 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 6,240 12,029
Total current assets: 6,240 12,029
Creditors: amounts falling due within one year: 3 ( 10,234 ) ( 11,240 )
Net current assets (liabilities): (3,994) 789
Total assets less current liabilities: (3,994) 789
Total net assets (liabilities): (3,994) 789
Members' funds
Profit and loss account: (3,994) 789
Total members' funds: ( 3,994) 789

The notes form part of these financial statements

SISTERS IN BUSINESS COMMUNITY 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 30 October 2025
and signed on behalf of the board by:

Name: Jennifer Ogunyemi
Status: Director

The notes form part of these financial statements

SISTERS IN BUSINESS COMMUNITY 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

SISTERS IN BUSINESS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

SISTERS IN BUSINESS COMMUNITY CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 88 88
Accruals and deferred income 10,146 11,152
Total 10,234 11,240

COMMUNITY INTEREST ANNUAL REPORT

SISTERS IN BUSINESS COMMUNITY CIC

Company Number: 13165264 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

This financial year we were unable to carry out activities that would benefit the community due to personal circumstances. Nevertheless, last year we held 10 networking events both in-person and virtually, 2 roundtable discussions focused on the barriers Muslim women face in business, and we ran 2 workshops specifically for teen Muslim girls. Additionally, we hosted various courses and workshops. These initiatives have enabled us to expand our reach within the Muslim sisters' community, providing them with opportunities to gain knowledge and feel empowered in running their businesses.

Consultation with stakeholders

No consultation with stakeholders

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
23 September 2025

And signed on behalf of the board by:
Name: Jennifer Ogunyemi
Status: Director