PROJECT 4 YOUTH EMPOWERMENT CIC

Company limited by guarantee

Company Registration Number:
12327273 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2023

Period of accounts

Start date: 1 December 2022

End date: 30 November 2023

PROJECT 4 YOUTH EMPOWERMENT CIC

Contents of the Financial Statements

for the Period Ended 30 November 2023

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

PROJECT 4 YOUTH EMPOWERMENT CIC

Directors' report period ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal activities of the company

Educational support activities, social work activities without accommodation and other service activities

Political and charitable donations

The company made no political and charitable donations during the period under review.

Company policy on disabled employees

The company is committed to equal opportunities in employment. At present there are no full time staff registered as disabled.



Directors

The directors shown below have held office during the whole of the period from
1 December 2022 to 30 November 2023

Wayne Lindsay
David NJai
Alex St John


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
31 August 2024

And signed on behalf of the board by:
Name: Wayne Lindsay
Status: Director

PROJECT 4 YOUTH EMPOWERMENT CIC

Profit And Loss Account

for the Period Ended 30 November 2023

2023 2022


£

£
Turnover: 205,491 164,276
Cost of sales: ( 87,311 ) ( 107,853 )
Gross profit(or loss): 118,180 56,423
Administrative expenses: ( 173,207 ) ( 56,423 )
Other operating income: 55,027
Operating profit(or loss): 0 0
Profit(or loss) before tax: 0 0
Profit(or loss) for the financial year: 0 0

PROJECT 4 YOUTH EMPOWERMENT CIC

Balance sheet

As at 30 November 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 176,489 96,688
Total current assets: 176,489 96,688
Creditors: amounts falling due within one year: 3 ( 10,924 ) ( 96,688 )
Net current assets (liabilities): 165,565 0
Total assets less current liabilities: 165,565 0
Creditors: amounts falling due after more than one year: 4 ( 165,565 )
Total net assets (liabilities): 0 0
Members' funds
Profit and loss account: 0 0
Total members' funds: 0 0

The notes form part of these financial statements

PROJECT 4 YOUTH EMPOWERMENT CIC

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.

This report was approved by the board of directors on 31 August 2024
and signed on behalf of the board by:

Name: Wayne Lindsay
Status: Director

The notes form part of these financial statements

PROJECT 4 YOUTH EMPOWERMENT CIC

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

PROJECT 4 YOUTH EMPOWERMENT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 8 4

PROJECT 4 YOUTH EMPOWERMENT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 1,230 55,298
Taxation and social security 9,694 41,390
Total 10,924 96,688

PROJECT 4 YOUTH EMPOWERMENT CIC

Notes to the Financial Statements

for the Period Ended 30 November 2023

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

2023
£
Other creditors 165,565
Total 165,565

COMMUNITY INTEREST ANNUAL REPORT

PROJECT 4 YOUTH EMPOWERMENT CIC

Company Number: 12327273 (England and Wales)

Year Ending: 30 November 2023

Company activities and impact

Project Youth Empowerment CIC exists to bridge the gaps which lead to young people falling through the cracks. We are committed to reducing social exclusion and disenfranchisement by championing young people in ways that bring them away from the margins of society. We provide services such as Mentoring, Advocacy, Workshops, School support, Training, Employment support, and holistic activities that are engaging and empowering and address issues experienced by young people, families, and the wider community. We focus on early intervention, desistance, and giving young people aged 10 - 24 a voice. These activities give them the opportunities they need to realise their full potential and, therefore, lead to positive outcomes.

Consultation with stakeholders

The company's stakeholders are the community, which includes the young people we directly work with and support, students in schools that we operate in, the parents of any young people we work with, professionals that we engage with, including other mentoring organisations, teachers, statutory partners including the police, the youth offending service, social workers and the Croydon gangs team. Consultations may be feedback forms asking how we can improve upon existing projects, and community conversations when parents are asked for their ideas and feedback. We have forums with parents and young people on social media and in person. At sessions we have anonymous slips where young people can give ideas for new activities. We often have weekly meetings with local community organisations and statutory bodies. We then take the information gathered and try to implement the ideas into new and existing projects wherever possible.

Directors' remuneration

David N’Jai: £42177.50 Wayne Lindsay: £27838.99 Alex St John: 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
28 August 2024

And signed on behalf of the board by:
Name: Wayne Lindsay
Status: Director