LOVE ZIMBABWE FAIR TRADE CIC

Company limited by guarantee

Company Registration Number:
07407684 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2025

Period of accounts

Start date: 1 November 2024

End date: 31 October 2025

LOVE ZIMBABWE FAIR TRADE CIC

Contents of the Financial Statements

for the Period Ended 31 October 2025

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

LOVE ZIMBABWE FAIR TRADE CIC

Profit And Loss Account

for the Period Ended 31 October 2025

2025 2024


£

£
Turnover: 12,464 10,875
Cost of sales: ( 3,222 ) ( 1,393 )
Gross profit(or loss): 9,242 9,482
Administrative expenses: ( 9,278 ) ( 13,801 )
Operating profit(or loss): (36) (4,319)
Profit(or loss) before tax: (36) (4,319)
Profit(or loss) for the financial year: (36) (4,319)

LOVE ZIMBABWE FAIR TRADE CIC

Balance sheet

As at 31 October 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 207 193
Total current assets: 207 193
Creditors: amounts falling due within one year: 3 ( 300 ) ( 250 )
Net current assets (liabilities): (93) (57)
Total assets less current liabilities: (93) ( 57)
Total net assets (liabilities): (93) (57)
Members' funds
Profit and loss account: (93) ( 57)
Total members' funds: ( 93) (57)

The notes form part of these financial statements

LOVE ZIMBABWE FAIR TRADE CIC

Balance sheet statements

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

Name: Martha Musonza Holman
Status: Director

The notes form part of these financial statements

LOVE ZIMBABWE FAIR TRADE CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

LOVE ZIMBABWE FAIR TRADE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

LOVE ZIMBABWE FAIR TRADE CIC

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 300 250
Total 300 250

COMMUNITY INTEREST ANNUAL REPORT

LOVE ZIMBABWE FAIR TRADE CIC

Company Number: 07407684 (England and Wales)

Year Ending: 31 October 2025

Company activities and impact

The principle activites were that of helping artisans from Zimbabwe and other less privaleged countries to market their crafts in the UK and to foster an understanding of fair trade and promote its development in the UK and overseas, especially in arts and crafts.

Consultation with stakeholders

The first members of the Company are the subscribers to the Memorandum and Articles of Association on its formation. Other members will be admitted with the approval of the Directors in accordance with the Memorandum and Articles of the community. The Annual General Meeting will be held each year when the progress and performance of the Company is reported upon.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £1,940.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 July 2026

And signed on behalf of the board by:
Name: Martha Musonza Holman
Status: Director