YOUNG DIVERSE WORLD CHANGERS C.I.C.

Company limited by guarantee

Company Registration Number:
11987718 (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

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Contents of the Financial Statements

for the Period Ended 31 May 2024

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

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Directors' report period ended 31 May 2024

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

Directors

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

Horatio Thomas Samuel Georgestone
Awais Hussain
Tamika Kalule
Joel Katende Semakula
Georgia Dyon Desrynne Bennett


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
29 October 2024

And signed on behalf of the board by:
Name: Horatio Thomas Samuel Georgestone
Status: Director

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Profit And Loss Account

for the Period Ended 31 May 2024

2024 2023


£

£
Turnover: 23,344 28,610
Cost of sales: ( 36,922 ) ( 13,813 )
Gross profit(or loss): (13,578) 14,797
Administrative expenses: ( 3,091 ) ( 4,821 )
Operating profit(or loss): (16,669) 9,976
Profit(or loss) before tax: (16,669) 9,976
Tax: ( 1,895 )
Profit(or loss) for the financial year: (16,669) 8,081

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 2,958 31,036
Total current assets: 2,958 31,036
Creditors: amounts falling due within one year: 3 ( 2,459 )
Net current assets (liabilities): 2,958 28,577
Total assets less current liabilities: 2,958 28,577
Total net assets (liabilities): 2,958 28,577
Members' funds
Profit and loss account: 2,958 28,577
Total members' funds: 2,958 28,577

The notes form part of these financial statements

YOUNG DIVERSE WORLD CHANGERS C.I.C.

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.

This report was approved by the board of directors on 29 October 2024
and signed on behalf of the board by:

Name: Horatio Thomas Samuel Georgestone
Status: Director

The notes form part of these financial statements

YOUNG DIVERSE WORLD CHANGERS C.I.C.

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

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention and modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented n £ starling.

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Creditors: amounts falling due within one year note

  2023
  £
Trade creditors 564
Taxation and social security 1,895
Total   2,459

COMMUNITY INTEREST ANNUAL REPORT

YOUNG DIVERSE WORLD CHANGERS C.I.C.

Company Number: 11987718 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

Reverse mentoring initiatives: Facilitated impactful connections by pairing senior leaders with graduates from diverse cultural backgrounds. Created mutual learning environments to bridge generational and cultural gaps. Virtual Mental Health Campaign: Ran an insightful campaign delving into the mental health experiences of diverse professionals. Aimed to address challenges and provide support within this community. Brand Building and Recognition: Enabled access to opportunities for diverse professionals to enhance their brand through media exposure. Offered support to receive royal honours recognition, boosting visibility and credibility. Debate Series: Engaged in thought-provoking debates exploring crucial societal issues. Topics included social capital, race, progression, and meritocracy. Tailored Programs for Professional Opportunities: Designed bespoke programs facilitating connections between graduates and seasoned professionals. Empower individuals by linking them to relevant opportunities. Inclusive Leadership Training: Conducted specialized training for senior management teams on inclusive leadership. Focused on fostering diverse perspectives and creating inclusive work environments. Executive Development Support: Provided comprehensive training and support for experienced professionals' career growth. Emphasized continuous development and adaptation in the professional landscape.

Consultation with stakeholders

Professional Retreat: Hosted an immersive retreat catering to professionals from diverse cultural backgrounds. Theme: community detox, fostering unity and mutual understanding. Diverse networking and feedback sessions: Orchestrated networking sessions to empower nearly 1000 professionals from diverse backgrounds to gather, share, and learn. Provided a platform for dining, discussions, and collaborative learning.

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
4 November 2024

And signed on behalf of the board by:
Name: Horatio Georgestone
Status: Director