AFRO FASHION SHOW CIC

Company limited by guarantee

Company Registration Number:
14703909 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2026

Period of accounts

Start date: 1 April 2025

End date: 31 March 2026

AFRO FASHION SHOW CIC

Contents of the Financial Statements

for the Period Ended 31 March 2026

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

AFRO FASHION SHOW CIC

Directors' report period ended 31 March 2026

The directors present their report with the financial statements of the company for the period ended 31 March 2026

Principal activities of the company

The principal activity of the organisation during the financial period was Activities of exhibition and fair organisers. The company's principal activities during the financial year were promoting and celebrating African fashion, culture, and heritage through fashion shows, cultural events, and creative activities. The organisation aims to support emerging designers, models, and creative professionals; encourage cultural diversity and inclusion; and provide opportunities for community engagement, talent development, and the promotion of African cultural identity.



Directors

The directors shown below have held office during the whole of the period from
1 April 2025 to 31 March 2026

Blessing Olohitare MADDRAN
JOENEME, Roline
ANYANWUTAKU, Karene


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
9 October 2026

And signed on behalf of the board by:
Name: Blessing Olohitare MADDRAN
Status: Director

AFRO FASHION SHOW CIC

Profit And Loss Account

for the Period Ended 31 March 2026

2026 2025


£

£
Turnover: 22,231 27,353
Cost of sales: ( 8,500 )
Gross profit(or loss): 22,231 18,853
Administrative expenses: ( 24,144 ) ( 18,987 )
Operating profit(or loss): (1,913) (134)
Profit(or loss) before tax: (1,913) (134)
Profit(or loss) for the financial year: (1,913) (134)

AFRO FASHION SHOW CIC

Balance sheet

As at 31 March 2026

Notes 2026 2025


£

£
Current assets
Cash at bank and in hand: 5,067 410
Total current assets: 5,067 410
Net current assets (liabilities): 5,067 410
Total assets less current liabilities: 5,067 410
Creditors: amounts falling due after more than one year: 3 ( 7,390 ) ( 821 )
Total net assets (liabilities): (2,323) (411)
Members' funds
Profit and loss account: (2,323) ( 411)
Total members' funds: ( 2,323) (411)

The notes form part of these financial statements

AFRO FASHION SHOW CIC

Balance sheet statements

For the year ending 31 March 2026 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 1 October 2026
and signed on behalf of the board by:

Name: Blessing Olohitare MADDRAN
Status: Director

The notes form part of these financial statements

AFRO FASHION SHOW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis

AFRO FASHION SHOW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 1 1

AFRO FASHION SHOW CIC

Notes to the Financial Statements

for the Period Ended 31 March 2026

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

2026 2025
£ £
Other creditors 7,390 821
Total 7,390 821

COMMUNITY INTEREST ANNUAL REPORT

AFRO FASHION SHOW CIC

Company Number: 14703909 (England and Wales)

Year Ending: 31 March 2026

Company activities and impact

During the financial year, AFRO FASHION SHOW CIC aimed to promote African fashion, culture, creativity and heritage within the community. Through its activities, the company sought to provide opportunities for individuals to express their cultural identity, showcase their talents and develop an appreciation of African traditions and contemporary fashion. The company’s activities contribute to community cohesion by encouraging cultural exchange, diversity, inclusion and mutual understanding among people from different backgrounds. By providing a platform for designers, models, artists and other creative individuals, the company supports local talent, encourages entrepreneurship and promotes participation in cultural and creative activities. AFRO FASHION SHOW CIC is committed to creating positive social value by celebrating African heritage, empowering individuals through creative expression and supporting a more inclusive and culturally diverse community. The company intends to continue developing its activities to expand community participation, promote cultural awareness and create further opportunities for individuals and aspiring creatives.

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
9 October 2026

And signed on behalf of the board by:
Name: Blessing Olohitare MADDRAN
Status: Director