for the Period Ended 31 December 2023
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2023 | ||
---|---|---|---|
| £ | ||
Fixed assets | |||
Intangible assets: | | ||
Tangible assets: | | ||
Investments: | | ||
Total fixed assets: | | ||
Current assets | |||
Stocks: | | ||
Debtors: | | ||
Cash at bank and in hand: | | ||
Investments: | | ||
Total current assets: | | ||
Prepayments and accrued income: | | ||
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: | | ||
Provision for liabilities: | | ||
Accruals and deferred income: | | ||
Total net assets (liabilities): | ( | ||
Members' funds | |||
Profit and loss account: | ( | ||
Total members' funds: | ( |
The notes form part of these financial statements
The directors have chosen not to file a copy of the company's profit and loss account.
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 December 2023
Basis of measurement and preparation
for the Period Ended 31 December 2023
2023 | ||
---|---|---|
Average number of employees during the period | |
for the Period Ended 31 December 2023
2023 | ||
---|---|---|
£ | ||
Bank loans and overdrafts | | |
Amounts due under finance leases and hire purchase contracts | | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | |
The company runs free activities for young people conducted by mostly volunteers. During the financial year 2022-2023, the CIC’s activities have benefited the community in the following ways: The activities are follows:Safeguarding programmes, Bespoke life skills workshops ,Career guidance ,University applications, 1:1 youth mentoring ,Further Education support, Bespoke Training and Consultancy ,Tailored youth programmes Back to work solutions ,Special Educational Needs advice,BAME support and Youth supervision.The outcomes have been as follows;-Increased safeguarding knowledge-Enhanced self esteem -Gained employment prospects-Effective student enrollment -Optimised communication-Minimised disruptions - Greater competency levels-Positive youth outcomes-Moderated unemployment rates -Improved communication skills -Equal opportunities and diversity -Increased cultural and identity awareness-Reduced crime rates
The company’s stakeholders are residents of Watford.We ask everyone (parents and young people) using our services to fill in a short questionnaire. This has helped us to build up a profile of their needs and what we can do to meet those more effectively. Our research has enabled us to identify that they are a lot of household struggling with the cost of living and therefore our free services are essential to the community. We encourage those accessing our services to communicate to us via the provided “suggestions box” for us to continuously improve our services.
The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £1,000.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
9 August 2024
And signed on behalf of the board by:
Name: Caroline Chiriseri
Status: Director