KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Company Registration Number:
09017466 (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

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Contents of the Financial Statements

for the Period Ended 31 May 2025

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Balance sheet

As at 31 May 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 364,181 364,181
Total fixed assets: 364,181 364,181
Current assets
Debtors: 4 4,027 2,270
Cash at bank and in hand: 28,576 32,603
Total current assets: 32,603 34,873
Net current assets (liabilities): 32,603 34,873
Total assets less current liabilities: 396,784 399,054
Total net assets (liabilities): 396,784 399,054
Capital and reserves
Called up share capital: 410,183 410,183
Profit and loss account: (13,399 ) (11,129 )
Total Shareholders' funds: 396,784 399,054

The notes form part of these financial statements

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT 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 5 October 2025
and signed on behalf of the board by:

Name: Yogesh Rai
Status: Director

The notes form part of these financial statements

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT 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 Section 1A (Small Entities) of Financial Reporting Standard 102

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 1 1

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT 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 364,181 364,181
Additions
Disposals
Revaluations
Transfers
At 31 May 2025 364,181 364,181
Depreciation
At 1 June 2024
Charge for year
On disposals
Other adjustments
At 31 May 2025
Net book value
At 31 May 2025 364,181 364,181
At 31 May 2024 364,181 364,181

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Notes to the Financial Statements

for the Period Ended 31 May 2025

4. Debtors

2025 2024
£ £
Other debtors 4,027 2,270
Total 4,027 2,270

COMMUNITY INTEREST ANNUAL REPORT

KIRAT RAI MANGKHIM AND SAKELA MANAGEMENT CIC

Company Number: 09017466 (England and Wales)

Year Ending: 31 May 2025

Company activities and impact

The company owns 7.8 hectares of land, which includes a farmhouse. Ownership of the land is held collectively by the board, consisting of eight members. The property is primarily used by the Kirat community as a venue for religious and cultural festivals. The upkeep and maintenance of the land are supported by volunteers from the community, who contribute both financially and through labour. These contributions help ensure that essential health and safety provisions are maintained, including toilet facilities, electricity supply, and waste disposal.

Consultation with stakeholders

The company has 617 shareholders, who serve as its key stakeholders. Most shareholders are locally based and are kept regularly informed about company developments through digital communication channels, including email, Viber, and WhatsApp. In addition to ongoing updates, the company holds an Annual General Meeting (AGM) where shareholders can review and discuss the most significant matters addressed during the financial year. The company is governed by a Board of Directors comprising 8 members, who oversee operations and make strategic decisions.

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
28 February 2026

And signed on behalf of the board by:
Name: Yogesh Rai
Status: Director