SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Company Registration Number:
SC720839 (Scotland)

Unaudited statutory accounts for the year ended 31 January 2023

Period of accounts

Start date: 24 January 2022

End date: 31 January 2023

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Contents of the Financial Statements

for the Period Ended 31 January 2023

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

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Profit And Loss Account

for the Period Ended 31 January 2023

2023


£
Turnover: 6,232
Cost of sales: ( 3,423 )
Gross profit(or loss): 2,809
Administrative expenses: ( 4,058 )
Operating profit(or loss): (1,249)
Profit(or loss) before tax: (1,249)
Profit(or loss) for the financial year: (1,249)

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Balance sheet

As at 31 January 2023

Notes 2023


£
Called up share capital not paid: 100
Fixed assets
Tangible assets: 3 1,000
Total fixed assets: 1,000
Current assets
Cash at bank and in hand: 261
Total current assets: 261
Creditors: amounts falling due within one year: 4 ( 2,510 )
Net current assets (liabilities): (2,249)
Total assets less current liabilities: (1,149)
Total net assets (liabilities): (1,149)
Capital and reserves
Called up share capital: 100
Profit and loss account: (1,249 )
Total Shareholders' funds: ( 1,149 )

The notes form part of these financial statements

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Balance sheet statements

For the year ending 31 January 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 24 November 2023
and signed on behalf of the board by:

Name: Razvan Syyed
Status: Director

The notes form part of these financial statements

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

  • 2. Employees

    2023
    Average number of employees during the period 2

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
Additions 1,000 1,000
Disposals
Revaluations
Transfers
At 31 January 2023 1,000 1,000
Depreciation
Charge for year
On disposals
Other adjustments
At 31 January 2023
Net book value
At 31 January 2023 1,000 1,000

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Notes to the Financial Statements

for the Period Ended 31 January 2023

4. Creditors: amounts falling due within one year note

2023
£
Other creditors 2,510
Total 2,510

COMMUNITY INTEREST ANNUAL REPORT

SOCIAL YOUNG & MULTINATIONAL BUSINESS LEADERS CIC

Company Number: SC720839 (Scotland)

Year Ending: 31 January 2023

Company activities and impact

The company ran a number of events in the financial year to inspire unity and collaboration across the community by inviting local businesses, council representatives and social enterprises from all backgrounds to come along and showcase their work in Perthshire.The last event which was attended by around 30 people at the Al-Maktoum College of Higher Education in Dundee was about "Inspiring Change through Conversations, Collaborations & Connecting industries across AI, Culture, and Sustainability.SYMBL now has a following on social media via Linked In with around 200 followers and is looking to secure funding to advance its long term aims to help multinationals coming to the U.K. to get the mentoring support they need through training programs and consultancy.

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
24 November 2023

And signed on behalf of the board by:
Name: Razvan Syyed
Status: Director