YO! STREET ZONE CIC

Company limited by guarantee

Company Registration Number:
12595820 (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

YO! STREET ZONE CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YO! STREET ZONE CIC

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 4,250 6,375
Total fixed assets: 4,250 6,375
Current assets
Debtors: 4 40,420 2,500
Cash at bank and in hand: 67,233 45,591
Total current assets: 107,653 48,091
Creditors: amounts falling due within one year: 5 ( 105,858 ) ( 48,402 )
Net current assets (liabilities): 1,795 (311)
Total assets less current liabilities: 6,045 6,064
Total net assets (liabilities): 6,045 6,064
Members' funds
Profit and loss account: 6,045 6,064
Total members' funds: 6,045 6,064

The notes form part of these financial statements

YO! STREET ZONE CIC

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.

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 17 September 2024
and signed on behalf of the board by:

Name: Lydia Yvorra
Status: Director

The notes form part of these financial statements

YO! STREET ZONE CIC

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

YO! STREET ZONE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

YO! STREET ZONE CIC

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 8,500 8,500
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 8,500 8,500
Depreciation
At 1 June 2023 2,125 2,125
Charge for year 2,125 2,125
On disposals
Other adjustments
At 31 May 2024 4,250 4,250
Net book value
At 31 May 2024 4,250 4,250
At 31 May 2023 6,375 6,375

YO! STREET ZONE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 40,420 2,500
Total 40,420 2,500

YO! STREET ZONE CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 352
Accruals and deferred income 105,506 48,402
Total 105,858 48,402

COMMUNITY INTEREST ANNUAL REPORT

YO! STREET ZONE CIC

Company Number: 12595820 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Yo! Street Zone CIC is a BAME-led street football organisation based in Margate, Kent with a vision to enrich and change lives through street football. Our focus lies on running doorstep street football sessions in the most deprived areas of Thanet, bringing together disengaged, disadvantaged and vulnerable young people of various ages and cultural backgrounds. Our sessions encourage positive core values and life skills, raising aspirations and life chances by enabling young people to be more confident and creative with the ball and in life. In the financial year 23/24 we were able to increase our income which enabled us to run several projects in Margate and Thanet, engaging BAME young people with doorstep street football activities, reducing anti-social behaviour, increasing physical activity and social interaction which are all vital parts of our work. With our work, we were able to bring unused play areas and parks back to life and improve the mental and physical health of more than 300 young people in our local community.

Consultation with stakeholders

The directors of Yo! Street Zone CIC are passionate about football and they use their skills to make a difference in the community. They started a community enterprise with a vision to enrich and change lives through street football. What has come out of consultation with stakeholders: further developing our fundraising, business, marketing and sustainability plan.

Directors' remuneration

One of our directors, Yofi Yvorra, is employed by Yo! Street Zone CIC and receives a monthly salary. The total amount payable in relation to a director in respect of qualifying services was £34,767.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 September 2024

And signed on behalf of the board by:
Name: Lydia Yvorra
Status: Director