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# IKB FOUNDATION C.I.C.

## Company limited by guarantee

## Company Registration Number:
15888158 (England and Wales)

## Unaudited statutory accounts for the year ended 31 August 2025

## Period of accounts

## Start date: 9 August 2024

## End date: 31 August 2025

# IKB FOUNDATION C.I.C.

## Contents of the Financial Statements

for the Period Ended 31 August 2025

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

# IKB FOUNDATION C.I.C.

Directors' report period ended 31 August 2025

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

Principal activities of the company

The principal activities of IKB Foundation C.I.C. during the financial year were to promote, organise and deliver activities that improve the wellbeing and quality of life of socially excluded and disadvantaged people. The company’s work focused particularly on Black and minority ethnic communities, people living in deprived areas, migrants, young people at risk of exclusion and young people with additional needs. Activities included health and wellbeing support, community engagement, social networking, employability and skills development, practical assistance for people experiencing financial hardship, and initiatives aimed at reducing isolation and improving social inclusion. The company also provided or facilitated access to essential items and support, including food, clothing, household items and other assistance based on identified community needs. These activities were undertaken for community benefit and not for private gain.

Directors

The directors shown below have held office during the whole of the period from
9 August 2024 to 31 August 2025

NZEKA, Kenneth Abraham
BUERIBERI, Bernardita Akintola

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
14 July 2026

And signed on behalf of the board by:
Name: NZEKA, Kenneth Abraham
Status: Director

# IKB FOUNDATION C.I.C.

## Profit And Loss Account

for the Period Ended 31 August 2025

| 13 months to 31 August 2025
--- | ---
| £
Turnover: | 945 |
Cost of sales: | 0 |
Gross profit(or loss): | 945
Administrative expenses: | ( 1,718 ) |
Other operating income: | 765 |
Operating profit(or loss): | (8)
Profit(or loss) before tax: | (8)
Profit(or loss) for the financial year: | (8)

# IKB FOUNDATION C.I.C.

## Balance sheet

As at 31 August 2025

| Notes | 13 months to 31 August 2025
--- | --- | ---
|  | £
Current assets
Cash at bank and in hand: |  | 0 |
Total current assets: |  | 0
Creditors: amounts falling due within one year: | 3 | ( 110 ) |
Net current assets (liabilities): |  | (110)
Total assets less current liabilities: |  | (110)
Total net assets (liabilities): |  | (110)
Members' funds
Profit and loss account: |  | (110) |
Total members' funds: |  | ( 110)

The notes form part of these financial statements

# IKB FOUNDATION C.I.C.

## Balance sheet statements

For the year ending 31 August 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 14 July 2026
and signed on behalf of the board by:

Name: NZEKA, Kenneth Abraham
Status: Director

The notes form part of these financial statements

# IKB FOUNDATION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 August 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

# IKB FOUNDATION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 August 2025

- ## 2. Employees

  | 13 months to 31 August 2025
  --- | ---
  Average number of employees during the period | 0 |

# IKB FOUNDATION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 August 2025

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

| 13 months to 31 August 2025
--- | ---
| £
Bank loans and overdrafts | 10 |
Trade creditors | 100 |
Total | 110

# COMMUNITY INTEREST ANNUAL REPORT

### IKB FOUNDATION C.I.C.

### Company Number: 15888158 (England and Wales)

### Year Ending: 31 August 2025

Company activities and impact

During the financial year, IKB Foundation C.I.C. carried out community-focused activities aimed at improving the wellbeing and quality of life of socially excluded and disadvantaged people, particularly people from Black and minority ethnic communities, residents of deprived neighbourhoods, young people at risk of exclusion, young people with additional needs and migrants. The company supported community members through wellbeing activities, health information, social networking, practical guidance and opportunities designed to reduce isolation and improve confidence, skills and participation. Its activities helped individuals to build supportive relationships, increase their awareness of available services and become more involved in their communities. The company also worked to reduce financial hardship by providing or facilitating access to essential items and practical assistance, including food, clothing, household items and other support according to identified need. This assistance helped individuals and families facing unemployment, low income, social exclusion or other difficult circumstances to meet immediate needs and reduce the risk of their hardship worsening. By involving community members in the planning and delivery of activities, the company ensured that its work remained responsive to local needs. Overall, its activities contributed to improved wellbeing, reduced loneliness, increased social inclusion and stronger community connections. These activities were consistent with the company’s stated purpose of benefiting disadvantaged communities and improving health, wellbeing and quality of life.

Consultation with stakeholders

During the financial year, IKB Foundation C.I.C. consulted with its key stakeholders, including beneficiaries and service users, parents and families, local residents, volunteers, community representatives, partner organisations, health and support professionals, and the company’s directors. Consultation took place through informal discussions during activities, one-to-one conversations, telephone and online communication, feedback from volunteers and partner organisations, and discussions at management and planning meetings. Stakeholders were asked about the challenges affecting them, the support they found most useful, barriers to accessing services and ways in which activities could be improved. Feedback highlighted the need for practical support for people experiencing financial hardship, accessible health and wellbeing information, more opportunities for social interaction, and activities that reduce isolation and build confidence. In response, the company placed greater emphasis on practical assistance, wellbeing support, community networking and inclusive activities. Delivery arrangements were also adapted where appropriate to make activities more accessible and responsive to individual and community needs. This consultation helped the company ensure that its activities remained relevant to socially excluded and disadvantaged communities, migrants, young people at risk of exclusion and people experiencing hardship.

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 July 2026

And signed on behalf of the board by:
Name: NZEKA, Kenneth Abraham
Status: Director