NIGERIANS IN WALES ASSOCIATION CIC

Company limited by guarantee

Company Registration Number:
13862002 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

NIGERIANS IN WALES ASSOCIATION CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

NIGERIANS IN WALES ASSOCIATION CIC

Directors' report period ended 31 March 2025

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

Principal activities of the company

Nigerians in Wales Association is an organization that brings together Nigerians living in Wales. It is designed to serve as a platform for social, cultural, and professional networking, and to promote unity among the Nigerian community in Wales. The association aims to create a space for Nigerians to share experiences, preserve cultural heritage, and contribute to the wider Welsh society. This financial year we have We have supported asylum-seeking migrants, economic migrants, refugee migrants, student migrants, and community members in general who need mental, emotional, social, and overall support. We had the Village Square project what brought the community together where we celebrated our culture.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Peter Ekhator
Olusola Adeola Okhiria


The director shown below has held office during the period of
1 April 2024 to 6 November 2024

Tobore Obrozie Oka-avae


The director shown below has held office during the period of
1 April 2024 to 17 July 2024

Patient Nansat Bentu


The director shown below has held office during the period of
17 January 2025 to 31 March 2025

Princess Vivian Ijeoma Onyeanusi


The directors shown below have held office during the period of
17 July 2024 to 31 March 2025

Oluwaseun Chukwuwinke Oyegbile
Francis Ndubuoke


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 December 2025

And signed on behalf of the board by:
Name: Peter Ekhator
Status: Director

NIGERIANS IN WALES ASSOCIATION CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Cost of sales: ( 9,508 ) ( 12,615 )
Gross profit(or loss): (9,508) (12,615)
Administrative expenses: ( 464 ) ( 3,566 )
Other operating income: 2,000 23,890
Operating profit(or loss): (7,972) 7,709
Profit(or loss) before tax: (7,972) 7,709
Profit(or loss) for the financial year: (7,972) 7,709

NIGERIANS IN WALES ASSOCIATION CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 127 8,159
Total current assets: 127 8,159
Creditors: amounts falling due within one year: 3 ( 390 ) ( 450 )
Net current assets (liabilities): (263) 7,709
Total assets less current liabilities: (263) 7,709
Total net assets (liabilities): (263) 7,709
Members' funds
Profit and loss account: (263) 7,709
Total members' funds: ( 263) 7,709

The notes form part of these financial statements

NIGERIANS IN WALES ASSOCIATION CIC

Balance sheet statements

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

Name: Peter Ekhator
Status: Director

The notes form part of these financial statements

NIGERIANS IN WALES ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 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

NIGERIANS IN WALES ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

NIGERIANS IN WALES ASSOCIATION CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 390 450
Total 390 450

COMMUNITY INTEREST ANNUAL REPORT

NIGERIANS IN WALES ASSOCIATION CIC

Company Number: 13862002 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Nigerians in Wales Association is an organization that brings together Nigerians living in Wales. It is designed to serve as a platform for social, cultural, and professional networking, and to promote unity among the Nigerian community in Wales. The association aims to create a space for Nigerians to share experiences, preserve cultural heritage, and contribute to the wider Welsh society. This financial year we have We have supported asylum-seeking migrants, economic migrants, refugee migrants, student migrants, and community members in general who need mental, emotional, social, and overall support. We had the Village Square project what brought the community together where we celebrated our culture.

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
10 December 2025

And signed on behalf of the board by:
Name: Peter Ekhator
Status: Director