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# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Company limited by guarantee

## Company Registration Number:
15988250 (England and Wales)

## Unaudited statutory accounts for the year ended 30 September 2025

## Period of accounts

## Start date: 30 September 2024

## End date: 30 September 2025

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Contents of the Financial Statements

for the Period Ended 30 September 2025

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

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

Directors' report period ended 30 September 2025

The directors present their report with the financial statements of the company for the period ended 30 September 2025

Principal activities of the company

DIRECTOR’S REPORT For the period 30 September 2024 to 29 September 2025 INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC Director’s Report I present my report for the financial period from 30 September 2024 to 29 September 2025. Principal Activities The principal activity of INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC is to promote Nepali art, culture, language, and artistic expression within the United Kingdom. The CIC provides a platform for local Nepali artists and community members to participate in cultural and artistic activities that preserve, develop, and promote Nepali heritage. Business Review and Activities During the financial period, the CIC organised 2–3 cultural and community programmes involving local Nepali artists, performers, and community members. These programmes showcased Nepali music, dance, language, and cultural traditions, contributing to the preservation and promotion of cultural identity within the UK. The activities provided opportunities for local artists to perform, develop their skills, and engage with wider audiences. The programmes also encouraged community participation and helped strengthen social and cultural cohesion among Nepali families and the wider community. Governance and Executive Committee The CIC is supported by an Executive Committee, which operates on a three-year tenure. The Executive Committee is responsible for developing a long-term activity calendar covering a three-year planning cycle and providing guidance on the organisation’s cultural and community objectives. The Director, in consultation with the Executive Committee members, plans and delivers programmes and activities for the community. This collaborative governance structure ensures that the CIC’s activities remain aligned with community needs and its core objectives of promoting Nepali art, culture, and language in the UK. Stakeholder Engagement The CIC maintained informal consultation with key stakeholders, including local Nepali artists, community members, volunteers, and local community organisations. Feedback was gathered through direct conversations and engagement during and after events, which helped inform the planning and improvement of future activities. Director’s Responsibilities As the sole director, I am responsible for preparing the financial statements in accordance with applicable law and regulations, maintaining proper accounting records, safeguarding the assets of the CIC, and ensuring that the organisation operates in accordance with its community interest objectives and asset lock requirements. Future Outlook The CIC aims to continue delivering cultural and community-based programmes, expand engagement with local artists and community organisations, and further promote Nepali arts, culture, and language in the UK. The organisation remains committed to delivering clear community benefit through inclusive cultural initiatives.

Directors

The director shown below has held office during the whole of the period from
30 September 2024 to 30 September 2025

Sanjaya Bhakta Kandel

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
20 May 2026

And signed on behalf of the board by:
Name: Sanjaya Bhakta Kandel
Status: Director

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Profit And Loss Account

for the Period Ended 30 September 2025

| 2025
--- | ---
| £
Turnover: | 5,550 |
Cost of sales: | ( 1,928 ) |
Gross profit(or loss): | 3,622
Distribution costs: | ( 2,100 ) |
Administrative expenses: | ( 1,610 ) |
Operating profit(or loss): | (88)
Interest receivable and similar income: | 0 |
Interest payable and similar charges: | 0 |
Profit(or loss) before tax: | (88)
Tax: | 0 |
Profit(or loss) for the financial year: | (88)

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Balance sheet

As at 30 September 2025

| Notes | 2025
--- | --- | ---
|  | £
Fixed assets
Intangible assets: |  | 0 |
Tangible assets: | 3 | 1,178 |
Total fixed assets: |  | 1,178
Current assets
Stocks: |  | 0 |
Debtors: |  | 0 |
Cash at bank and in hand: |  | 3,622 |
Investments: |  | 0 |
Total current assets: |  | 3,622
Creditors: amounts falling due within one year: | 4 | ( 4,000 ) |
Net current assets (liabilities): |  | (378)
Total assets less current liabilities: |  | 800
Total net assets (liabilities): |  | 800
Members' funds
Profit and loss account: |  | 800 |
Total members' funds: |  | 800

The notes form part of these financial statements

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Balance sheet statements

For the year ending 30 September 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 20 May 2026
and signed on behalf of the board by:

Name: Sanjaya Bhakta Kandel
Status: Director

The notes form part of these financial statements

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Notes to the Financial Statements

for the Period Ended 30 September 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

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Notes to the Financial Statements

for the Period Ended 30 September 2025

- ## 2. Employees

  | 2025
  --- | ---
  Average number of employees during the period | 0 |

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Notes to the Financial Statements

for the Period Ended 30 September 2025

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
Additions | 0 | 0 | 1,178 | 0 | 0 | 1,178
Disposals | 0 | 0 | 0 | 0 | 0 | 0
Revaluations | 0 | 0 | 0 | 0 | 0 | 0
Transfers | 0 | 0 | 0 | 0 | 0 | 0
At 30 September 2025 | 0 | 0 | 1,178 | 0 | 0 | 1,178
Depreciation |  |  |  |  |  |
Charge for year | 0 | 0 | 0 | 0 | 0 | 0
On disposals | 0 | 0 | 0 | 0 | 0 | 0
Other adjustments | 0 | 0 | 0 | 0 | 0 | 0
At 30 September 2025 | 0 | 0 | 0 | 0 | 0 | 0
Net book value |  |  |  |  |  |
At 30 September 2025 | 0 | 0 | 1,178 | 0 | 0 | 1,178

# INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

## Notes to the Financial Statements

for the Period Ended 30 September 2025

## 4. Creditors: amounts falling due within one year note

| 2025
--- | ---
| £
Bank loans and overdrafts | 0 |
Amounts due under finance leases and hire purchase contracts | 0 |
Trade creditors | 4,000 |
Taxation and social security | 0 |
Accruals and deferred income | 0 |
Other creditors | 0 |
Total | 4,000

# COMMUNITY INTEREST ANNUAL REPORT

### INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC

### Company Number: 15988250 (England and Wales)

### Year Ending: 30 September 2025

Company activities and impact

During the financial year, INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC carried out a number of cultural and community-focused activities aimed at promoting Nepali art, culture, language, and artistic expression within the UK. The organisation successfully organised 2–3 community programmes and cultural events, bringing together local artists, performers, and members of the Nepali community. These programmes provided a platform for local Nepali artists to showcase their talents in music, dance, cultural performances, and other artistic disciplines. By creating opportunities for participation and exposure, the organisation helped support and encourage artists while preserving and promoting Nepali cultural heritage among the wider community, including younger generations growing up in the UK. The activities also contributed to community cohesion and social inclusion by bringing people together through shared cultural experiences. The events promoted awareness and appreciation of Nepali language, traditions, and arts, helping strengthen cultural identity and community engagement. Through its work, the CIC has continued to provide social and cultural benefit to the local community while supporting the development and visibility of Nepali artists in the UK.

Consultation with stakeholders

During the financial year, INTERNATIONAL NEPALESE ARTIST SOCIETY UK CIC engaged in informal consultation with key stakeholders, including local Nepali artists, performers, community members, volunteers, and local community organisations. Feedback and suggestions were gathered through direct conversations, interactions during and after cultural programmes, and ongoing community communication via events and social platforms. This engagement helped the CIC understand community needs and interests, particularly in relation to promoting Nepali art, culture, and language, and informed the planning and delivery of its activities.

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
20 May 2026

And signed on behalf of the board by:
Name: Sanjaya Bhakta Kandel
Status: Director