YOUTH SPOT BAR C.I.C.

Company limited by guarantee

Company Registration Number:
11754071 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

YOUTH SPOT BAR C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2024

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

YOUTH SPOT BAR C.I.C.

Directors' report period ended 31 January 2024

The directors present their report with the financial statements of the company for the period ended 31 January 2024

Principal activities of the company

Support Service Activities not else where classified



Directors

The directors shown below have held office during the whole of the period from
1 February 2023 to 31 January 2024

Amanda Natalie Dawes
Rachel Korotoum Coulibaly


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
14 October 2024

And signed on behalf of the board by:
Name: Amanda Natalie Dawes
Status: Director

YOUTH SPOT BAR C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2024

2024 2023


£

£
Turnover: 14,370 28,205
Cost of sales: ( 2,584 ) ( 7,611 )
Gross profit(or loss): 11,786 20,594
Administrative expenses: ( 11,675 ) ( 16,745 )
Operating profit(or loss): 111 3,849
Profit(or loss) before tax: 111 3,849
Tax: ( 21 ) ( 732 )
Profit(or loss) for the financial year: 90 3,117

YOUTH SPOT BAR C.I.C.

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Current assets
Debtors:   0 0
Cash at bank and in hand: 5,323 2,929
Total current assets: 5,323 2,929
Net current assets (liabilities): 5,323 2,929
Total assets less current liabilities: 5,323 2,929
Creditors: amounts falling due after more than one year: 3 ( 2,975 ) ( 671 )
Total net assets (liabilities): 2,348 2,258
Members' funds
Profit and loss account: 2,348 2,258
Total members' funds: 2,348 2,258

The notes form part of these financial statements

YOUTH SPOT BAR C.I.C.

Balance sheet statements

For the year ending 31 January 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.

This report was approved by the board of directors on 14 October 2024
and signed on behalf of the board by:

Name: Amanda Natalie Dawes
Status: Director

The notes form part of these financial statements

YOUTH SPOT BAR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

YOUTH SPOT BAR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

YOUTH SPOT BAR C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2024

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

2024 2023
£ £
Other creditors 2,975 671
Total 2,975 671

COMMUNITY INTEREST ANNUAL REPORT

YOUTH SPOT BAR C.I.C.

Company Number: 11754071 (England and Wales)

Year Ending: 31 January 2024

Company activities and impact

Youth Spot Bar has organised various activities.And has kept the young people who are associated with this organisation active in various planned work which were either entertaining or which uplifted their skill.Full list is available upon request.

Consultation with stakeholders

Stakeholders were informed of all planned activities and their support ensured success of all the activities organised.

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
14 October 2024

And signed on behalf of the board by:
Name: Amanda Natalie Dawes
Status: Director