EAGLE BIZNET UK C.I.C.


EAGLE BIZNET UK C.I.C.

Company limited by guarantee

Company Registration Number:
10771861 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2020

Period of accounts

Start date: 1 June 2019

End date: 31 May 2020

EAGLE BIZNET UK C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2020

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

EAGLE BIZNET UK C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2020

2020 2019


£

£
Turnover: 420 1,480
Gross profit(or loss): 420 1,480
Administrative expenses: ( 902 ) ( 1,470 )
Operating profit(or loss): (482) 10
Profit(or loss) before tax: (482) 10
Tax: 0 ( 2 )
Profit(or loss) for the financial year: (482) 8

EAGLE BIZNET UK C.I.C.

Balance sheet

As at 31 May 2020

Notes 2020 2019


£

£
Current assets
Cash at bank and in hand: 1,006 993
Total current assets: 1,006 993
Creditors: amounts falling due within one year: 3 ( 1,350 ) ( 855 )
Net current assets (liabilities): (344) 138
Total assets less current liabilities: (344) 138
Total net assets (liabilities): (344) 138
Members' funds
Profit and loss account: (344) 138
Total members' funds: ( 344) 138

The notes form part of these financial statements

EAGLE BIZNET UK C.I.C.

Balance sheet statements

For the year ending 31 May 2020 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 June 2020
and signed on behalf of the board by:

Name: Felix Akande
Status: Director

The notes form part of these financial statements

EAGLE BIZNET UK C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2020

  • 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

EAGLE BIZNET UK C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2020

  • 2. Employees

    2020 2019
    Average number of employees during the period 0 0

EAGLE BIZNET UK C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2020

3. Creditors: amounts falling due within one year note

2020 2019
£ £
Taxation and social security 375
Other creditors 1,350 480
Total 1,350 855

COMMUNITY INTEREST ANNUAL REPORT

EAGLE BIZNET UK C.I.C.

Company Number: 10771861 (England and Wales)

Year Ending: 31 May 2020

Company activities and impact

EAGLE BIZNET UK C.I.C. is a corporate community of minority ethnic entrepreneurs and businesses. We are founded to provide insight, guided support for small business owners to ensure that they can start and run hugely successful businesses.We do this through the following activities - Business Planning Workshops and ForumsBusiness Breakfast MeetingsNetworking EventsThis past year we have carried out the following activities -We had a total of 1 networking event and a total of 2 virtual meetings during this time as a result of restrictions due to the pandemic. The virtual sessions were mainly training meetings.

Consultation with stakeholders

EAGLE BIZNET UK C.I.C. started essentially through a meeting of mainly Nigerians resident in Leeds who were members of the Nigerian Community Leeds. We continue to hold sessions during our networking events to clarify from members what their thought is about moving the company forward and creating extended benefits for our members. We also use Whatsapp forum to provide engaging discussions and share referrals between members for mutual benefit.

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
1 June 2020

And signed on behalf of the board by:
Name: Felix Akande
Status: Director