YOUR REVOLUTION CIC

Company limited by guarantee

Company Registration Number:
13701605 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

YOUR REVOLUTION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

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

YOUR REVOLUTION CIC

Directors' report period ended 31 October 2023

The directors present their report with the financial statements of the company for the period ended 31 October 2023

Principal activities of the company

Your Revolution CIC offers high quality courses, workshops and educative resources for youth and young adults in London alongside accessible, creative opportunities for the wider community inclusive of events, focused engagement and skills upliftment. Our innovative provision is highly specialised and tailored to develop and hone specific learning skills.



Directors

The directors shown below have held office during the whole of the period from
1 November 2022 to 31 October 2023

Lily Souza Adu
Abubakar Abdulkadir Mohamed
Odette Barklem Souza


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
25 July 2024

And signed on behalf of the board by:
Name: Lily Souza Adu
Status: Director

YOUR REVOLUTION CIC

Profit And Loss Account

for the Period Ended 31 October 2023

2023 2022


£

£
Turnover: 0 0
Cost of sales: 0 0
Gross profit(or loss): 0 0
Distribution costs: 0 0
Administrative expenses: ( 616 ) ( 285 )
Other operating income: 0 0
Operating profit(or loss): (616) (285)
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: (616) (285)
Profit(or loss) for the financial year: (616) (285)

YOUR REVOLUTION CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 1,005 960
Total fixed assets: 1,005 960
Current assets
Stocks:   0 0
Cash at bank and in hand: 1,371 2,272
Total current assets: 1,371 2,272
Net current assets (liabilities): 1,371 2,272
Total assets less current liabilities: 2,376 3,232
Creditors: amounts falling due after more than one year: 4 ( 150 ) ( 150 )
Total net assets (liabilities): 2,226 3,082
Members' funds
Profit and loss account: 2,226 3,082
Total members' funds: 2,226 3,082

The notes form part of these financial statements

YOUR REVOLUTION CIC

Balance sheet statements

For the year ending 31 October 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 31 July 2024
and signed on behalf of the board by:

Name: Lily Souza Adu
Status: Director

The notes form part of these financial statements

YOUR REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover policy

    Turnover represents the invoiced value of services supplied by the company.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are depreciated over their expected useful economic life, as follows:Office equipment - 5 yearsFile servers, network infrastructure and other central IT or technological equipment - 5 yearsPCs & Laptops – 4 yearsMotor vehicles - 4 years

YOUR REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

YOUR REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2022 320 640 0 960
Additions 285 0 285
Disposals
Revaluations
Transfers
At 31 October 2023 320 925 0 1,245
Depreciation
At 1 November 2022 0 0 0 0
Charge for year 80 160 240
On disposals
Other adjustments
At 31 October 2023 80 160 0 240
Net book value
At 31 October 2023 240 765 0 1,005
At 31 October 2022 320 640 0 960

YOUR REVOLUTION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

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

2023 2022
£ £
Other creditors 150 150
Total 150 150

COMMUNITY INTEREST ANNUAL REPORT

YOUR REVOLUTION CIC

Company Number: 13701605 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Your Revolution CIC offers high quality courses and workshops for youth and young adults in London, alongside opportunities focused around creativity for the wider community. Our innovative provision is highly specialised and tailored to develop and hone specific learning and skills. Your Revolution CIC was incorporated on the 25th of October 2021, its first project being delivered in 2022. During the financial year of 2022 - 2023, Your Revolution CIC has benefited participants and the local community in the following ways: - Empowerment for under-represented groups within the music industry due to gender, ethnicity and economic status. i.e. those who are disproportionally disadvantaged. - Access to industry standard equipment and services without charge and free materials such as Sample Packs and use of equipment such as professional recording devices, mixing & mastering, - Provision of high-quality inclusive learning embedded through design and methodology into each workshops’ delivery. This provided kinesthetic based learning, enabling neuro diverse students to fully engage and benefit. - Opportunities to showcase work produced locally and gain critical feedback. - Provision of freelance employment opportunities for creatives, musicians and educators - Opportunities to work and collaborate with local business within the community, such as commissioning the use of their music studio facilities.- A supportive network to grow and develop artistry; and constructive pathways towards success.- Community based research and development for future benefit.Your Revolution CIC has directly impacted its beneficiaries positively through educative outreach, skills uplift and tangible outcomes.

Consultation with stakeholders

The company stakeholders are: freelance professionals hired for their specific expertise and services; course participants drawn from London’s creative community; the local facilities providing studio hire space and refreshments, the wider community who we are responsive to and inclusive of. The directors live, have been educated and work within the local community, developing Your Revolution CIC's concept and provision informed by their experience, specialised knowledge and through engagement with their target audience. Formal and informal course feedback has been gathered from all the participants and tutor. This has been noted and incorporated to reflect in our delivery of future courses, sessions and events.

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
25 July 2024

And signed on behalf of the board by:
Name: Lily Souza Adu
Status: Director