for the Period Ended 31 December 2022
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2022 | 2021 | |
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| £ | £ |
Turnover: | | |
Cost of sales: | ( | ( |
Gross profit(or loss): | ( | ( |
Distribution costs: | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Interest receivable and similar income: | | |
Interest payable and similar charges: | ( | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Intangible assets: | | | |
Tangible assets: | 3 | | |
Investments: | | | |
Total fixed assets: | | | |
Current assets | |||
Stocks: | | | |
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Investments: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | ( | |
Members' funds | |||
Profit and loss account: | | ( | |
Total members' funds: | | ( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2022
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 December 2022
2022 | 2021 | |
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Average number of employees during the period | | |
for the Period Ended 31 December 2022
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2022 | | | ||||
Depreciation | ||||||
At 1 January 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 December 2022 | | | ||||
Net book value | ||||||
At 31 December 2022 | | | ||||
At 31 December 2021 | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Total | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
for the Period Ended 31 December 2022
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Total | | |
Project Zero WF cic Engages young people in Positive Activities to promote social Inclusion and reduce anti-social / offending behaviour. Our aim is to see Zero deaths of a young person due to knife crime or youth violence.Project Zero WF is a black-led CIC that engages young people aged 8-25 in positive activities to promote social inclusion and reduce anti-social and offending behaviour in Waltham Forest. More than 90% of the young people we work with are from BAME communities, and 90% live in lower-income households that rely on state benefits and are eligible for free school meals. Our staff team and volunteers are also 90% BAME. Last year we directly supported more than 500 young people.We work closely with young people who have either been a victim or perpetrator of knife violence, or who live in families that have been involved in the criminal justice system. Young people on our alternate education programme are not thriving in the school environment and often carry the load of self-doubt and rejection. This is similar for young people living-in or leaving the care system. We use sport, tech, music etc to engage them and inspire them to build on their talents. Accessibility is central to everything we deliver. We are acutely aware that in any group there will be young people who have reading, writing and mathematical skills below their age expectation. Additionally, we know that at around 37% of young people we support have additional learning needs such as dyslexia, ADHD or autism. Young people are involved in the design and delivery of our activities which further reduces barriers to accessibility. Partnership working is central to the success of our model and we work collaboratively with a number of partners including the Youth Offending Team, Leaving Care Team, Early Help, Youth at Risk team, CAMHS, the Police and London Youth etc. Joint working amplifies the impact we are all able to achieve by making scarce resources reach further and providing better coordination for young people receiving support. All of our activities and services come under one of three umbrellas, Engagement, Inclusion and Employment.Engagement 2022Free 8 Weeks Holiday Activities for young people aged 8 – 16 years old. With hot food provided.Tuesday – Youth Space for 8-16 years old, Free food provided. Activities included:Highest Session Attendance - 82Lowest Session Attendance - 33Total amount of individual registrations - 232Wednesday – Waltham Forest Chingford Youth Club, Free for 11-16 years old, Hot food provided. Highest Session Attendance - 46Lowest Session Attendance - 22Total amount of individual registrations - 73Thursday – Young Carers - Free Youth Club for Waltham Forest Young Carers.Highest Session Attendance - 29Lowest Session Attendance - 16Total amount of individual registrations - 48Fridays – Our Space, Open Mic Night for 14-21 years oldNumber of sessions – 8 Throughout the yearSaturdays – Creative Arts Club for 8-18years old, small fee required, 40% places subcides.Highest Session Attendance - 37Lowest Session Attendance -22Total amount of individual registrations - 56Inclusion 2022Alternative Provision – Engaging Young People from main stream school.Number of pupils for this year: 13School Engagement Program3 Secondary Schools – Peer Mentoring Program3 Primary Schools – Activity Engagement Program & Transition program.Me, Myself and I – tailor made youth engagement program.Number of students engaged with: 31Mental Health ServicesWell Being & Get Active ProgramThriving Minds FundingSupporting Vulnerable Adults – Waltham Forest FundingCommunity Kitchen – Warmer Spaces Waltham Forest – Energy Crisis supportParent Champion Program EmploymentWork Experience Program, Insight Days with Corporate Partner CompaniesCareers FayreHeadstart – London YouthDigital Talent – London YouthVirtual Futures – Westfield FundingAssembling Futures -ESEF Funding16-21 Support ServicesHighlight for the year.Queens Community Platinum Jubilee celebrationsAwarded Volunteer Award by Duchess Camila Then in October – Royal visit by King & Queen to our centre. Other Community Events –Windrush Event Waltham Forest Town Square.
We meet with our Youth Champions (a youth leadership and social action group) at regular intervals to ensure that all our activities are youth led and have the opinions of the youth involved in our projects. The outset has a steering group, supported by professions and youth champions to ensure that our activities are community based and community led. Youth Champion Steering Group Meets – Quarterly The Outset Centre, Community Youth Hub Meets – Quartey We have also now have a Parenting Champion – Quarterly Meeting In each of activities, services and programs we have a robust, monitoring and evaluation process. This is made up of questionnaires, interviews, and workshops, to ascertain the views of all key stakeholder and participants. This information is used to develop our programs and services.
The total amount paid or receivable by directors in respect of qualifying services was £30,171.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
28 September 2023
And signed on behalf of the board by:
Name: Miss N Gichie
Status: Director