YOUTH IT COLLEGE C.I.C.

Company limited by guarantee

Company Registration Number:
SC520930 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

YOUTH IT COLLEGE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YOUTH IT COLLEGE C.I.C.

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 21,125 33,181
Investments:   0 0
Total current assets: 21,125 33,181
Creditors: amounts falling due within one year: 3 ( 22,590 ) ( 19,878 )
Net current assets (liabilities): (1,465) 13,303
Total assets less current liabilities: (1,465) 13,303
Creditors: amounts falling due after more than one year: 4 ( 9,334 ) ( 11,667 )
Total net assets (liabilities): (10,799) 1,636
Members' funds
Profit and loss account: (10,799) 1,636
Total members' funds: ( 10,799) 1,636

The notes form part of these financial statements

YOUTH IT COLLEGE C.I.C.

Balance sheet statements

For the year ending 30 November 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.

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 28 August 2024
and signed on behalf of the board by:

Name: Rashmi Mantri
Status: Director

The notes form part of these financial statements

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives: Computer equipment25%

    Other accounting policies

    Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 6

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 4,000 4,000
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 4,656 2,244
Taxation and social security 0 0
Other creditors 13,934 13,634
Total 22,590 19,878

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023 2022
£ £
Bank loans and overdrafts 9,334 11,667
Total 9,334 11,667

COMMUNITY INTEREST ANNUAL REPORT

YOUTH IT COLLEGE C.I.C.

Company Number: SC520930 (Scotland)

Year Ending: 30 November 2023

Company activities and impact

We currently focusing on IT, English and Math courses for young kids at school age. we are delivering these courses online. This has been very successful so far.

Consultation with stakeholders

No consultation with stakeholders

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
29 August 2024

And signed on behalf of the board by:
Name: Rashmi Mantri
Status: Director