YOUNG DIVERSE WORLD CHANGERS C.I.C.

Company limited by guarantee

Company Registration Number:
11987718 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2023

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

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Directors' report period ended 31 May 2023

The directors present their report with the financial statements of the company for the period ended 31 May 2023

Directors

The directors shown below have held office during the whole of the period from
1 June 2022 to 31 May 2023

Horatio Thomas Samuel Georgestone
Georgia Dyon Desrynne
Awais Hussain
Tamika Kalule
Joel Katende Semakula


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
21 July 2023

And signed on behalf of the board by:
Name: Horatio Thomas Samuel Georgestone
Status: Director

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 28,610 30,044
Cost of sales: ( 13,813 ) ( 7,346 )
Gross profit(or loss): 14,797 22,698
Administrative expenses: ( 4,821 ) ( 1,173 )
Operating profit(or loss): 9,976 21,525
Profit(or loss) before tax: 9,976 21,525
Tax: ( 1,895 ) ( 4,090 )
Profit(or loss) for the financial year: 8,081 17,435

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 31,036 30,692
Total current assets: 31,036 30,692
Creditors: amounts falling due within one year: 3 ( 2,459 ) ( 4,576 )
Net current assets (liabilities): 28,577 26,116
Total assets less current liabilities: 28,577 26,116
Total net assets (liabilities): 28,577 26,116
Members' funds
Profit and loss account: 28,577 26,116
Total members' funds: 28,577 26,116

The notes form part of these financial statements

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Balance sheet statements

For the year ending 31 May 2023 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 21 July 2023
and signed on behalf of the board by:

Name: Horatio Thomas Samuel Georgestone
Status: Director

The notes form part of these financial statements

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 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

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 564 486
Taxation and social security 1,895 4,090
Total 2,459 4,576

COMMUNITY INTEREST ANNUAL REPORT

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Company Number: 11987718 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

Reverse mentoring initiatives:Facilitated impactful connections by pairing senior leaders with graduates from diverse cultural backgrounds.Created mutual learning environments to bridge generational and cultural gaps.Virtual Mental Health Campaign:Ran an insightful campaign delving into the mental health experiences of diverse professionals.Aimed to address challenges and provide support within this community.Brand Building and Recognition:Enabled access to opportunities for diverse professionals to enhance their brand through media exposure.Offered support to receive royal honours recognition, boosting visibility and credibility.Debate Series:Engaged in thought-provoking debates exploring crucial societal issues.Topics included social capital, race, progression, and meritocracy.Tailored Programs for Professional Opportunities:Designed bespoke programs facilitating connections between graduates and seasoned professionals.Empower individuals by linking them to relevant opportunities.Inclusive Leadership Training:Conducted specialized training for senior management teams on inclusive leadership.Focused on fostering diverse perspectives and creating inclusive work environments.Executive Development Support:Provided comprehensive training and support for experienced professionals' career growth.Emphasized continuous development and adaptation in the professional landscape.

Consultation with stakeholders

Professional Retreat:Hosted an immersive retreat catering to professionals from diverse cultural backgrounds.Theme: community detox, fostering unity and mutual understanding.Diverse networking and feedback sessions:Orchestrated networking sessions to empower nearly 1000 professionals from diverse backgrounds to gather, share, and learn.Provided a platform for dining, discussions, and collaborative learning.

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
21 July 2023

And signed on behalf of the board by:
Name: Horatio Georgestone
Status: Director