for the Period Ended 31 January 2024
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
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Interest receivable and similar income: |
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Interest payable and similar charges: |
(
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Profit(or loss) before tax: |
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Tax: |
(
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(
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Profit(or loss) for the financial year: |
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As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
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Total assets less current liabilities: |
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Total net assets (liabilities): |
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Members' funds | |||
Profit and loss account: |
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Total members' funds: |
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The notes form part of these financial statements
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 January 2024
Basis of measurement and preparation
for the Period Ended 31 January 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 January 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 January 2024
2024 | 2023 | |
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£ | £ | |
Taxation and social security |
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Accruals and deferred income |
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Other creditors |
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Total |
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HUDL collaborates with numerous UK trusts and foundations to recruit, train, and oversee cohorts of young individuals, empowering them to directly shape the decisions regarding who, what, and how funding is allocated to projects and organisations. These young people, aged 16 to 25, have actively participated in the co-design, evaluation, and allocation of funding totalling over £12 million to organisations dedicated to serving disadvantaged and underserved young populations across the United Kingdom. In addition, HUDL offers a comprehensive range of training workshops, retreats, mentoring, and coaching programs tailored to staff and young individuals across various sectors and organisations.
HUDL's primary stakeholders are mainly the service beneficiaries, predominantly young people and organisations seeking to partner with young people to design and deliver services tailored to their needs in the UK. At HUDL, young people play an integral role throughout our operation. They actively contribute to shaping program proposals, influencing the recruitment process, designing the service delivery framework, participating in the monitoring and evaluation processes, and coordinating the overall program activities. HUDL offers young people the flexibility to engage at a level that aligns with their preferences, and we provide training and support to help them participate in programmes and events that interest them and offer valuable developmental opportunities. Our approach ensures that young people have a genuine and meaningful voice in our initiatives and those of our clients. We empower young people to actively shape the programmes that directly impact them while fostering their personal growth and development.
The total amount paid or receivable by directors in respect of qualifying services was £33,750. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for the 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
17 September 2024
And signed on behalf of the board by:
Name: Morenikeji Okeowo
Status: Director