YOUTH IN SPORT CIC

Company limited by guarantee

Company Registration Number:
12905207 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

YOUTH IN SPORT CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

YOUTH IN SPORT CIC

Profit And Loss Account

for the Period Ended 30 September 2023

2023 2022


£

£
Turnover: 11,175 14,567
Cost of sales: ( 5,036 ) ( 3,376 )
Gross profit(or loss): 6,139 11,191
Administrative expenses: ( 6,516 ) ( 7,363 )
Operating profit(or loss): (377) 3,828
Profit(or loss) before tax: (377) 3,828
Tax: ( 651 )
Profit(or loss) for the financial year: (377) 3,177

YOUTH IN SPORT CIC

Balance sheet

As at 30 September 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 3,706 4,832
Total current assets: 3,706 4,832
Creditors: amounts falling due within one year: 3 ( 1,307 ) ( 2,056 )
Net current assets (liabilities): 2,399 2,776
Total assets less current liabilities: 2,399 2,776
Total net assets (liabilities): 2,399 2,776
Members' funds
Profit and loss account: 2,399 2,776
Total members' funds: 2,399 2,776

The notes form part of these financial statements

YOUTH IN SPORT CIC

Balance sheet statements

For the year ending 30 September 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 11 February 2024
and signed on behalf of the board by:

Name: Shaheed Miah
Status: Director

The notes form part of these financial statements

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 3 3

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Taxation and social security 651
Accruals and deferred income 651 1,062
Other creditors 656 343
Total 1,307 2,056

COMMUNITY INTEREST ANNUAL REPORT

YOUTH IN SPORT CIC

Company Number: 12905207 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

Youth In Sport CIC is a grassroot community-based sports and physical activity project. Projects delivered benefit those in the community that may not have access to such provision due to social of economical barriers. All our programmes focus on the health, wellbeing and personal development of the participants, their families and the wider community. We provide positive sports activities and engagement to help children, families and young people develop skills and reach their potential. Young people continue to be at the core of what we do and our focus at Youth in Sport is to continue to develop them by using sports as a means for engagement to build self-confidence, develop skills and giving them the opportunity to live their best life through a range of high quality sporting activities and giving them the support, advice and guidance to progress and overcome any challenges. We provide a bridge between young people and the community to create a safe space and environment of community cohesion through inclusion and support services. Throughout the year we have been working across housing estates and communities in London, supporting young people's health and well-being, promoting skills, building communities and tackling youth crime and anti-social behaviour. Uniquely we offered a community development approach, which saw local young people forming the backbone of our community development sessions. These included , Sports Coaching Programmes, Trips and Events, Volunteering Opportunities, Targeted support and mentoring for particularly 'at-risk' young people. Young people accessed free organised multi-sport activities during weekly term-time community sessions, half term holiday and summer holiday activities across London. A number of young people attending our programmes have also started to volunteer to gain experience at other sessions as a direct result. We delivered community fun days for residents living in the local area to also build community cohesion. Young people were able to take part in trips and educational events for free.

Consultation with stakeholders

Youth In Sport CIC stakeholders include its employees, customers/ participants (parents, children), funders, partners and management committee. Our management committee meet twice a month. We collate feedback from our stakeholders through questionnaires and consultations at the end of each project to then structure our delivery to ensure we meet the needs of our customers/participants, funders and partners and also create an effective working environment for our employees. Our organisation website also allows us to receive feedback from our stakeholders at any given time. Meetings and feedback allow us to discuss new ideas and also reflect on previous projects that have been delivered.

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
11 February 2024

And signed on behalf of the board by:
Name: Shaheed Miah
Status: Director