UKON CAREERS COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
09046892 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

UKON CAREERS COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

UKON CAREERS COMMUNITY INTEREST COMPANY

Directors' report period ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Directors

The director shown below has held office during the whole of the period from
1 June 2023 to 31 May 2024

Anthony Frederick


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
19 August 2024

And signed on behalf of the board by:
Name: Anthony Frederick
Status: Director

UKON CAREERS COMMUNITY INTEREST COMPANY

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 1,375 1,361
Cost of sales: ( 57,147 ) ( 20,333 )
Gross profit(or loss): (55,772) (18,972)
Administrative expenses: ( 31,550 ) ( 31,046 )
Other operating income: 86,859 49,530
Operating profit(or loss): (463) (488)
Interest receivable and similar income: 292 179
Profit(or loss) before tax: (171) (309)
Tax: ( 40 ) ( 33 )
Profit(or loss) for the financial year: (211) (342)

UKON CAREERS COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 0 251
Total fixed assets: 0 251
Current assets
Cash at bank and in hand: 30,890 51,654
Total current assets: 30,890 51,654
Creditors: amounts falling due within one year: 4 ( 5,190 ) ( 47,994 )
Net current assets (liabilities): 25,700 3,660
Total assets less current liabilities: 25,700 3,911
Creditors: amounts falling due after more than one year: 5 ( 22,000 )
Total net assets (liabilities): 3,700 3,911
Members' funds
Profit and loss account: 3,700 3,911
Total members' funds: 3,700 3,911

The notes form part of these financial statements

UKON CAREERS COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 May 2024 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 19 August 2024
and signed on behalf of the board by:

Name: Anthony Frederick
Status: Director

The notes form part of these financial statements

UKON CAREERS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Sale of goods Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Rendering of services Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Fixtures & Fittings 4 years Computer Equipment 2 years

    Other accounting policies

    2.1. Basis of Preparation of Financial Statements The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.4. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable surplus for the year. Taxable surplus differs from surplus as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable surplus. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable surplus will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable surplus will be available to allow all or part of the asset to be recovered. Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities. Current or deferred tax for the year is recognised in surplus or deficit, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively. 2.5. Government Grant Government grants are recognised in the income and expenditure account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute. Grants for immediate financial support or to cover costs already incurred are recognised immediately in the income and expenditure account. Grants towards general activities of the entity over a specific period are recognised in the income and expenditure account over that period. Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the income and expenditure account over the useful life of the asset concerned. All grants in the income and expenditure account are recognised when all conditions for receipt have been complied with.

UKON CAREERS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 2

UKON CAREERS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 800 874 1,674
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 800 874 1,674
Depreciation
At 1 June 2023 800 623 1,423
Charge for year 251 251
On disposals
Other adjustments
At 31 May 2024 800 874 1,674
Net book value
At 31 May 2024 0 0 0
At 31 May 2023 0 251 251

UKON CAREERS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 40 33
Accruals and deferred income 2,241 43,633
Other creditors 2,909 4,328
Total 5,190 47,994

UKON CAREERS COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 May 2024

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

2024
£
Other creditors 22,000
Total 22,000

COMMUNITY INTEREST ANNUAL REPORT

UKON CAREERS COMMUNITY INTEREST COMPANY

Company Number: 09046892 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Introduction- This year, UKON has successfully delivered a diverse array of impactful activities that have significantly contributed to the community, particularly in Barking and Dagenham. Our initiatives have not only maintained but also strengthened community participation, with a particular focus on carnival events and projects of deep importance to local residents, the community at large, and the local authority. Workshops and Community Engagement- UKON has conducted numerous workshops across schools, community centres, youth centres, the Barking and Dagenham Learning Centre, and the Dagenham Library. These workshops have been instrumental in fostering family and community learning, significantly enhancing employability skills among participants. The positive impact on mental health has been profound, with participants reporting improved resilience, confidence, and self-awareness. These workshops have also created pathways for volunteering, apprenticeships, and work experience, contributing to personal and professional growth. Additionally, our initiatives have promoted healthy eating and lifestyles, exemplified by our Summer Camp Project delivered during the summer holidays. We have also expanded our focus to include supporting a healthier and greener environment. Addressing Accessibility and Social Issues- UKON has made significant strides in addressing accessibility issues, creating greater opportunities for individuals with mobility challenges, special needs, and those facing isolation. Our focus has extended to senior citizens, ensuring they have access to our activities and workshops. In response to pressing issues such as poverty and health inequalities, particularly food poverty in Barking and Dagenham, we provided snacks and refreshments to the most vulnerable and isolated individuals in the borough, enabling them to fully participate in our events and activities. Strengthening Partnerships and Collaborations- This year has seen a deepening of our relationships with some of the UK's most distinguished carnival artists, as well as the strengthening of our collaborative efforts with schools and the local authority. We have also developed new relationships with local and community media, which will help extend the reach of our work in the future. Collaborations with community and grassroots organisations, including Pen to Print, The Barking and Dagenham Participation and Engagement Team, The Barking Broadway Theatre, BD Progress, and the Barking and Dagenham Community Music Hub, have been particularly fruitful. These partnerships have enhanced our ability to engage young people across the borough, both as participants and volunteers, and increased our capacity to build consortia for larger collaborative projects. Digital Growth and Media Presence- UKON has made significant progress in expanding our digital presence. This year, we increased our followers and subscribers on YouTube, Facebook, and Instagram by over 70%, raising the profile and reputation of professional carnival arts both regionally and internationally. Our work under challenging circumstances has further solidified our reputation as a reliable partner capable of producing high-quality and impactful projects. Carnival Arts Curriculum Development- We have embarked on the development of a Carnival Arts Curriculum for primary schools, starting with Gascoigne Primary School and Marsh Green Primary. Our vision is to expand this curriculum across all primary schools in Barking and Dagenham, ensuring that the cultural and educational value of carnival arts is integrated into the broader curriculum. Future Collaborations and Influence- UKON continues to be recognised as a key partner in projects led by agencies such as Barking & Dagenham CVS, Barking Learning Centre, and Future MOLDS-Community. We are keen to develop our newer partnerships, such as those with The Barking and Dagenham Community Music Hub, Youth Spot Bar, and Make Your Mark. We anticipate that these partnerships will support the development of our work in up-skilling and creative industry career development for young people. Our project model has begun to influence other carnival Mas Bands, organisations, and local authorities, encouraging them to adopt our approach. This has already led to the establishment of new relationships, including with the organiser of Luton Carnival, further expanding the reach and impact of our work. This year, UKON Careers was honoured to be nominated for the King's Volunteering Award. They were thrilled to be shortlisted and to participate in the assessment process for the award. Conclusion- In summary, this year has been one of significant growth and impact for UKON. We have strengthened community ties, enhanced personal development through our workshops and events, addressed critical social issues, and expanded our influence both regionally and nationally. We look forward to building on this momentum in the coming year. Activities- 1st June 2023- Carnival arts mentoring programme at John Smith House 8th June 2023- Creative thinking workshop hosted by UKON at Gascoigne primary school 8th June 2023- Carnival arts, entering session hosted by UKON at John Smith House 13th June 2023- UKON hosted a creative thinking workshop for senior citizens at the Baptist Church 15th June 2023- Creative thinking workshop at Gascoigne primary school 15th June 2023- Carnival arts mentoring session hosted by UKON at John Smith House 22nd June 2023- Carnival arts mentoring session hosted by UKON at John Smith House 24th June 2023- UKON’s carnival launch party hosted at the Valance Library 27th June 2023- UKON hosted a creative thinking workshop at Gascoigne Primary School 27th June 2023- UKON delivered a creative thinking session at AB Phab youth club 28th June 2023- UKON delivered a creative thinking session at AB Phab youth club 29th June 2023- carnival arts mentoring session hosted by UKON at John Smith House 4th July 2023- UKON hosted a carnival arts creative workshop for the Senior citizens at the Baptist Church 7th July 2023- Carnival arts mentoring session hosted by UKON at John Smith House 8th July 2023 - Barking and Dagenham Carnival hosted by UKON in Barking Town Centre 13th July 2023 - Barking and Dagenham Carnival hosted by UKON in Barking Town Centre 14th July 2023- Final annual Carnival arts mentoring session hosted by UKON at John Smith House 30th July 2023 – BDYD Performance, supported by UKON Careers 3rd August 2023 - first session of our Creative Kids Summer Camp in collaboration with Make Your Mark and Youth Spot Bar. 4th August 2023 – Young person AB Phab wins get active canvas competition JSH 5th August 2023 – End of first week of Creative Kids Summer camp 7th August 2023 – beginning of JSH Open day advertisement campaign 9th August 2023 - the start of the second week of our Creative Kids Summer Camp 10th August 2023 – Fun Day with BDYD where we delivered a carnival themed summer workshop, In their summer project. 11th August 2023 - the end of the second week of our Creative Kids Summer Camp 15th August 2023 - Barking and Dagenham Carnival UKON supported young people and enterprise. 16th August 2023 - Week three of our Creative Kids Summer Camp. 19th August 2023 - The end of our third week of our Creative Kids Summer Camp. 22nd August 2023 - we entered our fourth week of the Creative Kids Summer Camp 25th August 2023 - John Smith House launch event 30th August 2023 - Concluded our fourth week of the Creative Kids Summer Camp 7th October 2023 - Iroko Theatre Company's Event 9th October 2023 - barking and Dagenham black culture event and fashion show. 16th October 2023 - Ab Phab Creative Thinking workshop 18th October 2023 - Ab Phab Creative Thinking workshop 21st October 2023 - Jounen Kweyol Event the Village BLC 24th October 2023 - Ab Phab Creative thinking Halloween 25th October 2023 - Ab Phab Creative thinking Halloween 7th November 2023 - Marsh Green Primary School Umoja Event 15th November 2023 - Inspiring Futures Conference Eastbury Manor 19th December 2023 - BDCSG Meeting 20th December 2023 - Winter Project at Ab Phab Youth Club 21st December 2023 - Winter Project at Ab Phab Youth Club 9th January 2024 – Assessment and Community Event for The Kings Voluntary Award after being shortlisted and successfully getting through the first stage of the assessment. 11th January 2024 - residents and partners share their experiences with UKON JSH 26th January 2024 - Ukon meet with Alan Vaughan Band Leader for Moko Somokow 19th February 2024 - UKON's staff attended The Village UK's ABC's of Trauma training 7th March 2024 - Thames Life's African & Caribbean Wellbeing event in the BLC. 27th March 2024 - 2024 B&D Women's empowerment awards. 9th April 2024 - First Aid for Life's Emergency First Aid training 15th April 2024- 'Introduction to safeguarding & Child Protection' training led by Sarah Roberston of Future MOLDS Communities. 18th April 2024 – Steel Pan Taster – Carnival Project launch 23rd April 2024 - creative arts session at Ab Phab Youth Club 24th April 2024 - creative arts session at Ab Phab Youth Club 29th April 2024 - steel pan sessions with our senior citizens at the Rosa Nosa foundation. 1st May 2024 - Ab Phab Youth Club delivering Steel Pan activities. 2nd May 2024 – Second Week of Carnival Costume Programme 9th May 2024 - Week 3 of our Carnival Costume Group 16th may 2024 - Week 4 of UKON Careers' Carnival Costume Group 23rd May 2024 - Week 5 of the Carnival Costume Group 23rd May 2024 - The Barking and Dagenham Post Posted their press release 30th May 2024 - Week 6 of the Carnival Costume Group -Every two months - Barking Carnival Committee meetings are held every two months. Ongoing -Every 2 months - UKON Careers Directors Meetings – Ongoing -Barking and Dagenham Carnival Arts Project Planning meetings with The Barking Learning Centre – Ongoing

Consultation with stakeholders

UKON Careers actively collaborates with a diverse range of partners and stakeholders across various sectors to ensure effective delivery and continuous improvement of its projects and services. These collaborations are crucial in fostering community engagement, gathering feedback, and enhancing the impact of the company’s initiatives. Feedback and Community Engagement: UKON places a high priority on gathering and responding to feedback from all interactions and delivery methods. This feedback is collected through various channels: Feedback Forms: Comments and feedback are used to refine delivery methods and enhance overall performance. Verbal and Online Feedback: All verbal and online feedback is carefully considered, ensuring that stakeholders' voices are heard in real time. Written Feedback: This is reviewed at all stages of project development to inform decisions and improve outcomes. Key Partnerships and Stakeholder Engagement: London Borough of Barking and Dagenham: UKON collaborates closely with the borough's events, Engagement, culture and partnership, children and young people, and health and inequality teams for example to receive advice and support for the safe delivery of our projects and events, ensuring alignment with local regulations and community needs. Barking Learning Centre and The Dagenham Learning Centre: These partnerships are vital in the development and execution of the Carnival Art Project, allowing for educational and cultural enrichment. Youth Spot Bar and Make Your Mark: UKON works with these teams to engage cultural connectors and support the delivery of carnival arts and summer activities projects, ensuring these initiatives are relevant and impactful. Barking and Dagenham Carnival Steering Group: This group, composed of major stakeholders including schools, colleges, community members, employers, and organisations, plays a crucial role in guiding the direction of the Carnival, reflecting the diverse population of the borough. Grassroots Organisations and Schools: Partnerships with organisations such as Future MOLDS, Gascoigne Primary School, and Marsh Green Primary School allow for community-driven ideas to shape the delivery of services. These grassroots connections ensure that the projects are grounded in local needs and perspectives. John Smith House Consortium and Barking and Dagenham Children’s and Young Peoples Forum: Through these forums, the company gathers feedback and collaborates on planning and delivering services, ensuring that the needs of children and young people are prioritized. Consortium of Grassroots Organisations: Collaboration with BDYD, Elevate Her, Mums on A Mission, Right Development Foundation, and Triangles helps the company to plan and deliver community-focused projects, enhancing the reach and effectiveness of its initiatives. Additional Collaborations: UKON also works with Barking and Dagenham Giving, the council’s cultural participation team, L&Q, University of East London, Barking and Dagenham Adult College, and Barking and Dagenham Youth Service, Barking and Dagenham Community Music Hub and Pen To Print. These partnerships are instrumental in gathering feedback, planning, and delivering various community-focused projects. Response to Feedback: UKON is committed to responding to all forms of feedback. By actively listening to and incorporating the suggestions and concerns of stakeholders, the company ensures that its services are continuously improving and meeting the needs of the community it serves. This feedback loop allows for adaptive strategies that reflect the evolving needs and aspirations of the borough's residents.

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
19 August 2024

And signed on behalf of the board by:
Name: Anthony Frederick
Status: Director