AFRICAN ACTIVITIES C.I.C.

AFRICAN ACTIVITIES C.I.C.

AFRICAN ACTIVITIES C.I.C. - Company Information

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AFRICAN ACTIVITIES C.I.C.

Company limited by guarantee

Company Registration Number:
11416278 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2020

Period of accounts

Start date: 1 July 2019

End date: 30 June 2020

AFRICAN ACTIVITIES C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2020

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

AFRICAN ACTIVITIES C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2020

2020 13 months to 30 June 2019


£
£
Turnover: 81,366 103,865
Cost of sales: ( 14,014 ) ( 15,213 )
Gross profit(or loss): 67,352 88,652
Distribution costs: 0 0
Administrative expenses: ( 95,973 ) ( 83,404 )
Other operating income: 22,466 1,080
Operating profit(or loss): (6,155) 6,328
Interest receivable and similar income: 0 9
Interest payable and similar charges: ( 310 ) ( 315 )
Profit(or loss) before tax: (6,465) 6,022
Tax: 0 0
Profit(or loss) for the financial year: (6,465) 6,022

AFRICAN ACTIVITIES C.I.C.

Balance sheet

As at 30 June 2020

Notes 2020 13 months to 30 June 2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 11,336 14,783
Investments:   0 0
Total fixed assets: 11,336 14,783
Current assets
Stocks:   0 0
Debtors: 4 13,347 20,734
Cash at bank and in hand: 8,118 1,182
Investments:   0 0
Total current assets: 21,465 21,916
Creditors: amounts falling due within one year: 5 ( 33,244 ) ( 30,677 )
Net current assets (liabilities): (11,779) (8,761)
Total assets less current liabilities: (443) 6,022
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Total net assets (liabilities): (443) 6,022
Members' funds
Profit and loss account: (443) 6,022
Total members' funds: ( 443) 6,022

The notes form part of these financial statements

AFRICAN ACTIVITIES C.I.C.

Balance sheet statements

For the year ending 30 June 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 28 September 2021
and signed on behalf of the board by:

Name: Kwame Bakoji-Hume
Status: Director

The notes form part of these financial statements

AFRICAN ACTIVITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Prior year unapplied accumulated depreciation has also been included in the calculation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the basis of 5 year straight line.

AFRICAN ACTIVITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2020

  • 2. Employees

    2020 13 months to 30 June 2019
    Average number of employees during the period 3 2

AFRICAN ACTIVITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2020

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2019 12,500 2,817 2,999 18,316
Additions 0 0 0 0
Disposals 0 0 0 0
Revaluations 0 0 0 0
Transfers 0 0 0 0
At 30 June 2020 12,500 2,817 2,999 18,316
Depreciation
At 1 July 2019 0 2,333 1,200 3,533
Charge for year 2,500 347 600 3,447
On disposals 0 0 0 0
Other adjustments 0 0 0 0
At 30 June 2020 2,500 2,680 1,800 6,980
Net book value
At 30 June 2020 10,000 137 1,199 11,336
At 30 June 2019 12,500 484 1,799 14,783

AFRICAN ACTIVITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2020

4. Debtors

2020 13 months to 30 June 2019
£ £
Trade debtors 263 15,105
Prepayments and accrued income 4,231 476
Other debtors 8,853 5,153
Total 13,347 20,734

AFRICAN ACTIVITIES C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2020

5. Creditors: amounts falling due within one year note

2020 13 months to 30 June 2019
£ £
Bank loans and overdrafts 286
Trade creditors 83
Taxation and social security 6,238 3,261
Accruals and deferred income 1,000 600
Other creditors 26,006 26,447
Total 33,244 30,677

COMMUNITY INTEREST ANNUAL REPORT

AFRICAN ACTIVITIES C.I.C.

Company Number: 11416278 (England and Wales)

Year Ending: 30 June 2020

Company activities and impact

African Activities CIC have visited 151 organisations face to face during this period, new to the company we have also visited some via zoom, a situation forced by covid. Highlights:- We have delivered CPD sessions at the Music and Drama Education Expo which went down incredibly well. Our free CPD resources online continue to be incredibly popular.- We delivered storytelling workshops for the Southbank Centre at Royal Festival Hall and continue to work for more and more events.- We were nominated for two awards this year the SEND resource of the year and the Francesca Hanley Inspiration Award.Lockdown Highlights:- We worked with Our Version Media to upskill our artists and enable them to deliver via zoom and teams.- We have delivered workshops and events online for free for the community during lockdown, one of these reached 4.7k people.- We have become an Arts Council England Artsmark Partner.Our partnerships with groups such as Southampton Education Partnership and with Our Version Media have been strengthened.

Consultation with stakeholders

The vast majority of our work is with Schools who are our primary stakeholders.All of our schools and partners provide us with feedback after our events, enabling us to continuously challenge ourselves and improve. https://africanactivities.org.uk/customer-satisfaction-survey/ At events we hold directly all young people fill in feedback forms.As a member of the Southampton Cultural Education Partnership we are part of an in depth consultation process working with schools and with young people to ensure the partnership embeds the voice of children and young people.Our consultation with local Black and Asian groups in Southampton include GHASSO, Black History Month South, Arts Asia, TUVAA and OVM. To develop our work in this area we joined the RSA Evidence Champions Network in January, sadly this was halted by Covid.

Directors' remuneration

Directors’ renumeration: Kwame Bakoji-Hume, £20879.00 salary.

Transfer of assets

Through our work we are able to support Earth Children African Activities Foundation LBG Reg No CG196190721 in Ghana.Year ending June 2020 we have been able to fund two rounds of thatching training via the traditional skills school in Buipe, giving 14 young people a sustainable income to reduce their likelihood of being at risk as economic migrants.We managed to plant 5000 Rosewood seedlings ready for planting out in 2021. The Rosewood from which the balafon instruments are made was declared by the UN ‘the ivory of the forest’.

This report was approved by the board of directors on
28 September 2021

And signed on behalf of the board by:
Name: Kwame Bakoji-Hume
Status: Director