for the Period Ended 31 May 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 May 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
9 May 2022 to 31 May 2023
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
13 months to 31 May 2023 | ||
---|---|---|
| £ | |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Profit(or loss) for the financial year: | ( |
As at
Notes | 13 months to 31 May 2023 | ||
---|---|---|---|
| £ | ||
Current assets | |||
Cash at bank and in hand: | | ||
Total current assets: | | ||
Creditors: amounts falling due within one year: | 3 | ( | |
Net current assets (liabilities): | | ||
Total assets less current liabilities: | | ||
Creditors: amounts falling due after more than one year: | 4 | ( | |
Total net assets (liabilities): | ( | ||
Capital and reserves | |||
Called up share capital: | | ||
Profit and loss account: | ( | ||
Total Shareholders' 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 May 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 31 May 2023
13 months to 31 May 2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 May 2023
13 months to 31 May 2023 | ||
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£ | ||
Other creditors | | |
Total | |
for the Period Ended 31 May 2023
13 months to 31 May 2023 | ||
---|---|---|
£ | ||
Other creditors | | |
Total | |
Mentoring and empowerment using skills, training and development, educational exchange programmes:Even though there are countless international movements and agreements to combat youth unemployment, reducing knife crime as well as addressing the social-economical disparities within the BAME community, recent studies show no significant improvement to this section of the community. The company will be regularly organising various workshops, events which will give them the opportunity to express themselves. The company's activities will also focus on promoting the awareness for the youths to discover their potentials and to seek and assume life-changing challenges. The company will also be recognising and appreciating youths who have made remarkable contributions to society.Health and well beingWhen youths are given the free choice to plan their future, then they can effectively plan for the rest of their life. As youths are likely to be more vulnerable to health & crime activities with the increasing trend of also becoming the victim of violence, the company will focus on providing information and services to help minimise the risks of these preventable events.
The company is yet to secure full funding & currently engaging with both beneficiaries & prospective funding partners.The company has made considerable progress & is expected to commence full operation in the second financial year
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
9 February 2024
And signed on behalf of the board by:
Name: Netsanet Lewis Primus
Status: Director