IGBO UNION NORTHAMPTONSHIRE CIC

Company limited by guarantee

Company Registration Number:
12595944 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2025

Period of accounts

Start date: 1 June 2024

End date: 31 May 2025

IGBO UNION NORTHAMPTONSHIRE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

IGBO UNION NORTHAMPTONSHIRE CIC

Balance sheet

As at 31 May 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 1,011 620
Total fixed assets: 1,011 620
Current assets
Cash at bank and in hand: 22,871 19,788
Total current assets: 22,871 19,788
Net current assets (liabilities): 22,871 19,788
Total assets less current liabilities: 23,882 20,408
Creditors: amounts falling due after more than one year: 4 ( 409 ) ( 450 )
Total net assets (liabilities): 23,473 19,958
Members' funds
Profit and loss account: 23,473 19,958
Total members' funds: 23,473 19,958

The notes form part of these financial statements

IGBO UNION NORTHAMPTONSHIRE CIC

Balance sheet statements

For the year ending 31 May 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.

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 14 June 2025
and signed on behalf of the board by:

Name: Mr Chinedu Ohaeli
Status: Director

The notes form part of these financial statements

IGBO UNION NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

IGBO UNION NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 10 10

IGBO UNION NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2024 1,130 1,130
Additions 546 546
Disposals
Revaluations
Transfers
At 31 May 2025 1,676 1,676
Depreciation
At 1 June 2024 510 510
Charge for year 155 155
On disposals
Other adjustments
At 31 May 2025 665 665
Net book value
At 31 May 2025 1,011 1,011
At 31 May 2024 620 620

IGBO UNION NORTHAMPTONSHIRE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

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

2025 2024
£ £
Other creditors 409 450
Total 409 450

COMMUNITY INTEREST ANNUAL REPORT

IGBO UNION NORTHAMPTONSHIRE CIC

Company Number: 12595944 (England and Wales)

Year Ending: 31 May 2025

Company activities and impact

During the year, the Association made a meaningful and positive impact within the community through a range of programmes and initiatives. The organisation actively promoted the cultural heritage of community members by creating platforms that celebrated diversity, encouraged inclusion, and preserved local traditions. These activities helped to strengthen community identity and foster social cohesion. The Association placed strong emphasis on promoting mental wellbeing and emotional health within the community. It organised various awareness programmes, workshops, and support activities aimed at improving mental health, reducing stigma, and encouraging open conversations around wellbeing. These initiatives supported individuals and families and contributed to healthier, more resilient communities. Youth development remained a key focus throughout the year. The Association delivered youth-focused programmes designed to promote youth welfare, personal development, leadership skills, and positive engagement. These programmes provided young people with guidance, mentorship, and constructive activities that supported their growth and helped them reach their full potential. In addition, the Association supported community education and lifelong learning by providing learning opportunities, awareness sessions, and skill-building activities. These initiatives helped to empower individuals, improve confidence, and enhance employability and personal development. The organisation also worked to reduce social isolation by bringing community members together through inclusive events, outreach activities, and support networks. These efforts strengthened relationships within the community and ensured that vulnerable and marginalised individuals felt supported and included. Furthermore, the Association collaborated with local partners, volunteers, and stakeholders to maximise its impact and ensure the effective delivery of its programmes. Volunteer engagement played a vital role in supporting activities and strengthening community participation. Overall, the Association remained committed to improving quality of life, promoting wellbeing, and supporting sustainable community development through inclusive, responsive, and impactful initiatives.

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
14 June 2025

And signed on behalf of the board by:
Name: Mr Chinedu Ohaeli
Status: Director