PRIMUS CONSULTING SERVICES CIC

Company Registration Number:
14095670 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 9 May 2022

End date: 31 May 2023

PRIMUS CONSULTING SERVICES CIC

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

PRIMUS CONSULTING SERVICES CIC

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

Principal activities of the company

Mentoring and empowerment



Directors

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

Netsanet Lewis Primus
Dale Junior Tyrese Emmanuel Temesgen PRIMUS


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
9 February 2024

And signed on behalf of the board by:
Name: Netsanet Lewis Primus
Status: Director

PRIMUS CONSULTING SERVICES CIC

Profit And Loss Account

for the Period Ended 31 May 2023

13 months to 31 May 2023


£
Turnover: 0
Gross profit(or loss): 0
Administrative expenses: ( 3,918 )
Operating profit(or loss): (3,918)
Profit(or loss) before tax: (3,918)
Profit(or loss) for the financial year: (3,918)

PRIMUS CONSULTING SERVICES CIC

Balance sheet

As at 31 May 2023

Notes 13 months to 31 May 2023


£
Current assets
Cash at bank and in hand: 1,882
Total current assets: 1,882
Creditors: amounts falling due within one year: 3 ( 200 )
Net current assets (liabilities): 1,682
Total assets less current liabilities: 1,682
Creditors: amounts falling due after more than one year: 4 ( 5,500 )
Total net assets (liabilities): (3,818)
Capital and reserves
Called up share capital: 100
Profit and loss account: (3,918 )
Total Shareholders' funds: ( 3,818 )

The notes form part of these financial statements

PRIMUS CONSULTING SERVICES CIC

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 9 February 2024
and signed on behalf of the board by:

Name: Netsanet Lewis Primus
Status: Director

The notes form part of these financial statements

PRIMUS CONSULTING SERVICES CIC

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

    Turnover policy

    Turnover represents the value, net of value added tax and discounts, of goods provided to customers and work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives. Equipments 20% reducing balance method

PRIMUS CONSULTING SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    13 months to 31 May 2023
    Average number of employees during the period 0

PRIMUS CONSULTING SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Creditors: amounts falling due within one year note

13 months to 31 May 2023
£
Other creditors 200
Total 200

PRIMUS CONSULTING SERVICES CIC

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Creditors: amounts falling due after more than one year note

13 months to 31 May 2023
£
Other creditors 5,500
Total 5,500

COMMUNITY INTEREST ANNUAL REPORT

PRIMUS CONSULTING SERVICES CIC

Company Number: 14095670 (England and Wales)

Year Ending: 31 May 2023

Company activities and impact

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.

Consultation with stakeholders

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

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
9 February 2024

And signed on behalf of the board by:
Name: Netsanet Lewis Primus
Status: Director