Acorah Software Products - Accounts Production 15.0.600 false true 30 June 2023 1 July 2022 false 1 July 2023 30 June 2024 30 June 2024 09543594 Abiodun Awojobi Rose Dowling Jayne Morgan Christina Paouros Louis Thursfield iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 09543594 2023-06-30 09543594 2024-06-30 09543594 2023-07-01 2024-06-30 09543594 frs-core:CurrentFinancialInstruments 2024-06-30 09543594 frs-core:ComputerEquipment 2024-06-30 09543594 frs-core:ComputerEquipment 2023-07-01 2024-06-30 09543594 frs-core:ComputerEquipment 2023-06-30 09543594 frs-core:RetainedEarningsAccumulatedLosses 2024-06-30 09543594 frs-bus:CompanyLimitedByGuarantee 2023-07-01 2024-06-30 09543594 frs-bus:FilletedAccounts 2023-07-01 2024-06-30 09543594 frs-bus:SmallEntities 2023-07-01 2024-06-30 09543594 frs-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 09543594 frs-bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 09543594 frs-bus:Director1 2023-07-01 2024-06-30 09543594 frs-bus:Director2 2023-07-01 2024-06-30 09543594 frs-bus:Director3 2023-07-01 2024-06-30 09543594 frs-bus:Director4 2023-07-01 2024-06-30 09543594 frs-bus:Director5 2023-07-01 2024-06-30 09543594 frs-core:CurrentFinancialInstruments 1 2024-06-30 09543594 frs-core:CurrentFinancialInstruments 2 2024-06-30 09543594 frs-core:CurrentFinancialInstruments 8 2024-06-30 09543594 frs-core:CurrentFinancialInstruments 9 2024-06-30 09543594 frs-countries:EnglandWales 2023-07-01 2024-06-30 09543594 2022-06-30 09543594 2023-06-30 09543594 2022-07-01 2023-06-30 09543594 frs-core:CurrentFinancialInstruments 2023-06-30 09543594 frs-core:RetainedEarningsAccumulatedLosses 2023-06-30 09543594 frs-core:CurrentFinancialInstruments 1 2023-06-30 09543594 frs-core:CurrentFinancialInstruments 2 2023-06-30 09543594 frs-core:CurrentFinancialInstruments 8 2023-06-30 09543594 frs-core:CurrentFinancialInstruments 9 2023-06-30
Registered number: 09543594
Leaders Unlocked Ltd
Financial Statements
For The Year Ended 30 June 2024
Green Accountancy Limited
Chartered Certified Accountants
Windrush House
Windrush Park Road
Witney
Oxfordshire
OX29 7DX
Contents
Page
Accountants' Report 1
Balance Sheet 2
Notes to the Financial Statements 3—6
Page 1
Accountants' Report
Report to the directors on the preparation of the unaudited statutory accounts of Leaders Unlocked Ltd For The Year Ended 30 June 2024
To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Leaders Unlocked Ltd which comprise the Income and Expenditure Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the directors of Leaders Unlocked Ltd , as a body, in accordance with the terms of our engagement letter dated . Our work has been undertaken solely to prepare for your approval the accounts of Leaders Unlocked Ltd and state those matters that we have agreed to state to the directors of Leaders Unlocked Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Leaders Unlocked Ltd and its directors as a body for our work or for this report.
It is your duty to ensure that Leaders Unlocked Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Leaders Unlocked Ltd . You consider that Leaders Unlocked Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Leaders Unlocked Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
15 October 2024
Green Accountancy Limited
Chartered Certified Accountants
Windrush House
Windrush Park Road
Witney
Oxfordshire
OX29 7DX
Page 1
Page 2
Balance Sheet
Registered number: 09543594
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 549 1,454
549 1,454
CURRENT ASSETS
Debtors 5 68,769 40,957
Cash at bank and in hand 252,113 357,664
320,882 398,621
Creditors: Amounts Falling Due Within One Year 6 (148,210 ) (234,346 )
NET CURRENT ASSETS (LIABILITIES) 172,672 164,275
TOTAL ASSETS LESS CURRENT LIABILITIES 173,221 165,729
NET ASSETS 173,221 165,729
Income and Expenditure Account 173,221 165,729
MEMBERS' FUNDS 173,221 165,729
For the year ending 30 June 2024 the company was entitled to exemption from audit 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income and Expenditure Account.
On behalf of the board
Rose Dowling
Director
15 October 2024
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Leaders Unlocked Ltd is a private company, limited by guarantee, incorporated in England & Wales, registered number 09543594 . The registered office is Unit 202, The Colour Works The Bootstrap Company, 18-22 Ashwin Street, London, E8 3DL.
2. 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.
2.2. Turnover
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.
2.3. Tangible Fixed Assets and Depreciation
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:
Computer Equipment 25% straight line basis
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.
Page 3
Page 4
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 20 (2023: 25)
20 25
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 July 2023 5,486
Additions 189
Disposals (189 )
As at 30 June 2024 5,486
Depreciation
As at 1 July 2023 4,032
Provided during the period 905
As at 30 June 2024 4,937
Net Book Value
As at 30 June 2024 549
As at 1 July 2023 1,454
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 45,644 23,465
Rent deposit 2,041 2,041
Work in progress 15,321 12,675
Prepayments 5,738 2,696
Directors' loan accounts 25 80
68,769 40,957
Page 4
Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 259 7,764
Corporation tax 2,297 4,024
PAYE and social security 8,703 10,379
VAT 21,193 33,940
Net wages 200 -
Invoiced in advance 10,000 48,578
Pension contributions unpaid 2,023 2,661
Deferred grants 103,535 127,000
148,210 234,346
7. Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
Page 5
Page 6
8. Grants
During the year the company received grant payments from various funders, these included: 
£40,000 (2023: £40,000) from Barrow Cadbury Trust. These grant payments were made for the specific purpose of supporting the Young Justice Advisors.
£82,300 (2023: £NIL) from Esmee Fairbairn Foundation. These grant payments were made for the specific purpose of supporting the Young Justice Advisors.
£3,000 (2023: £26,999) from Arts Council England. These grant payments were made for the specific purpose for the specific purpose of supporting Take the Lead Stories in Bristol.
£33,890 (2023: £30,000) from Blagrave Trust. These grant payments were made for the specific purpose for the specific purpose of supporting the Young Justice Advisors.
£44,593 (2023: £76,080) from The National Lottery Community Fund. These grant payments were made for the specific purpose for the specific purpose of supporting the Youth Board internships.
£13,070 (2023: £NIL) from North Yorkshire PCC. Awarded for the ‘The Long Game’ project: A youth-led project to address criminal exploitation through county lines.
£19,8800 (2023: £NIL) from North Yorkshire PCC. Awarded for the ‘Community Commission’ Project working with adults from marginalised groups in North Yorkshire. 
£27,000 (2023: £NIL) from Surrey PCC. Awared for the Surrey Youth Commission on policing and crime.
£31,312 (2023: £NIL) from West Yorkshire Combined Authorit. Awared for the West Yorkshire Youth Commission.
£36,000 (2023: £NIL) from Wiltshire PCC. Awarded for the Wiltshire & Swindon Youth Commission 
These grants are restricted and at the end of the accounting period for the following amounts were deferred:
Barrow Cadbury Trust £15,000 (2023: £15,000)
The National Lottery Community Fund £17,535 (2023: £73,000 )
Esmee Fairbairn Foundation £71,000 (2023: NIL)
Page 6