for the Period Ended 31 October 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 October 2023
Principal activities of the company
Directors
The director shown below has held office during the whole of the period from
1 November 2022 to 31 October 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
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Other operating income: | | |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Profit(or loss) for the financial year: | | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' 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 October 2023
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 October 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2022 | | | ||||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2023 | | | ||||
Depreciation | ||||||
At 1 November 2022 | | | ||||
Charge for year | | | ||||
On disposals | ||||||
Other adjustments | ||||||
At 31 October 2023 | | | ||||
Net book value | ||||||
At 31 October 2023 | | | ||||
At 31 October 2022 | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
for the Period Ended 31 October 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
Kids of Colour CIC is an anti-racist youth work organisation, committed to racial justice for young people of colour in Greater Manchester. We create spaces for young people of colour in Greater Manchester aged 25 and under to explore their race, identity, and culture, and to feel supported, validated and celebrated. The majority of activity Kids of Colour CIC puts out is free for the community and its young people. This includes youth work sessions, including our regular youth spaces which are safe spaces for young people of colour, in school sessions and summer activities; advocacy work, which includes representing young people in challenging circumstances and signposting to legal networks; and other support such as our free bookshelf in which we distribute books to young people across the city region. In the financial year 2022/2023, our activities have benefited the community in the following ways:Free books for young people distributed across Greater Manchester quarterlySafe spaces for young people of colour to explore their experiences of race, identity and culture, in our monthly youth spaces and school spacesSummer activities and trips, including climbing and fun activities, as well as an event for young people to share their expressions of joy.Signposting to advocacy and legal support for parents and guardians1-1 pastoral support for young people across a variety of contexts in regards to experiences of racismCo-organising with community members from a range of backgrounds to build on healing centered approaches to supporting young peopleA new project called Boys and Love, supporting young boys of colour to explore feminism and masculinity
The companies’ stakeholders are first and foremost community members of Greater Manchester, with particular focus on young people of colour and their parents/guardians. The director of the company, and its staff, have lived in Manchester either all their lives or for a number of years and have developed the business model based on the needs that have been arising for communities we live in. We have a continual dialogue with those we support, particularly in regard to advocacy work, which sees our staff in continual communication with those in need to see if they require any more support or signposting. In terms of our youth sessions, these are guided by our young people, and often change and adapt based on what they bring up or need to explore, so we are in a continual feedback loop.If there are recommendations to better our practice, then we work to implement those within our work as well as recognising and solidifying the good practice highlighted.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £21,200.There were no other transactions or arrangements in connection with the remuneration of directors or compensation for director’s loss of office which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
29 July 2024
And signed on behalf of the board by:
Name: Roxane Legane
Status: Director