YOUTH MINDFULNESS EDUCATION CIC

Company limited by guarantee

Company Registration Number:
10426977 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2023

Period of accounts

Start date: 1 November 2022

End date: 31 October 2023

YOUTH MINDFULNESS EDUCATION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YOUTH MINDFULNESS EDUCATION CIC

Balance sheet

As at 31 October 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 4,385 3,074
Total current assets: 4,385 3,074
Creditors: amounts falling due within one year: 3 ( 15,059 ) ( 11,342 )
Net current assets (liabilities): (10,674) (8,268)
Total assets less current liabilities: (10,674) ( 8,268)
Total net assets (liabilities): (10,674) (8,268)
Members' funds
Profit and loss account: (10,674) ( 8,268)
Total members' funds: ( 10,674) (8,268)

The notes form part of these financial statements

YOUTH MINDFULNESS EDUCATION CIC

Balance sheet statements

For the year ending 31 October 2023 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 31 October 2024
and signed on behalf of the board by:

Name: Mr Mark Roberts
Status: Director

The notes form part of these financial statements

YOUTH MINDFULNESS EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 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 is reduced for estimated customer returns, rebates and other similar allowances.

    Tangible fixed assets depreciation policy

    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 Fixtures and Fittings 5 Tear Straight Line

YOUTH MINDFULNESS EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

YOUTH MINDFULNESS EDUCATION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 5,748 2,031
Other creditors 9,311 9,311
Total 15,059 11,342

COMMUNITY INTEREST ANNUAL REPORT

YOUTH MINDFULNESS EDUCATION CIC

Company Number: 10426977 (England and Wales)

Year Ending: 31 October 2023

Company activities and impact

Youth Mindfulness Education, trading as iBme UK, offers in-depth mindfulness meditation programmes for young people. Our meditation retreats and online programmes guide young people in developing self-awareness, compassion, and ethical decision making, and empowers them to apply these skills in improving their lives and communities. iBme UK is committed to caring for the natural world and addressing issues of social justice in all that we do. Our vision at iBme UK is to support future generations of heart-centred, diverse leaders who are prepared to respond to the challenges of their time with focus, resiliency, and compassion for themselves, their communities and the global environment. We run residential mindfulness meditation retreats for young people between the ages of 15-24, and online programmes for youth aged 16-24. Our aim is to also support youth to sustain these tools in their lives and positive connections to like-minded people, through ongoing access to online peer community spaces after programmes. Our programmes introduce young people to mindfulness through guided meditation, mindful movement, small group discussions, and fun group activities. Participants in our programmes learn self-awareness, empathy, techniques to calm and focus the mind, and mindful communication – the foundations for success in all areas of life. The young people also learn how to apply mindfulness skills to daily life, connecting with nature and creative expression. Research on the impact of iBme retreats has shown young people experienced increased self-compassion and life satisfaction, and decreased rumination and reactivity, following retreats. Our programmes are inclusive and diverse, and we are passionate about expanding the reach and accessibility of mindfulness across a wide range of social and cultural backgrounds. We welcome young people from all backgrounds. Our fee structure of 1% of annual household income means that no-one is turned away due to lack of funds. In July 2023 we were able to hold our first retreat for Youth of Colour, at The Quadrangle in Shoreham. Our intention was that in offering a retreat for teens of colour represented an important step on the path to building our multi-community identity and widening the access of mindfulness to everyone. The retreat offered a space for the young people to reconnect with themselves and learn tools for developing inner resources of wellbeing and freedom. Participants were able to explore how mindfulness could help them relate to their own unique experience in the world, and the challenges they face and the gifts they carry from their roots and lineages. In addition, we were able to offer our third wildwood camping retreat for young adults (18-24 year olds). The retreat offers those attending the opportunity to unplug and experience mindfulness, community and deep connection with nature. With the support of the natural environment and a daily routine of simple living participants explore practices for reconnecting with self awareness and building inner resources for groundedness and resilience. The young adults are able to explore how to respond to collective crisis and bring change into their lives and the world around them. The following are excerpts of what past participants have said about our retreats: “The friendships I made are some of the purest I’ve ever had. Without technology and distractions we could all be free, I really appreciated this.” “I was surprised to learn that I could concentrate more deeply than I thought and learn to make space for uncomfortable feelings.” “Putting myself in a more natural settings more often can readjust my baseline awareness to be more mindful in day to day life” Following the success of the online courses we ran in 2021 with the National Lottery Grant, and the online Changemakers course in Spring 2022, we have continued to support and grow a strong online community of young people. This has been through our Changemakers Circle, BPOC Youth Group and weekly community space for participants of our retreats and courses to come together to nurture and support each other. Our online community is now increasingly youth led allowing the young people to have a voice in the organisation.

Consultation with stakeholders

The company stakeholders include iBme US who have been providing retreats for young people in the US for a number of years. They have supported the activities of Youth Mindfulness Education by providing teaching manuals, teachers and administrative guidance on running retreats for young people. As Youth Mindfulness has grown and become established we have developed or own pool of teachers and operational manuals for our online courses and retreats. We now work more in partnership and collaboration with iBme in the US and have been able to share our experiences of developing online courses during the pandemic. We continue to have regular meetings with the iBme US team and expect to continue our collaborative work. The other stakeholders of Youth Mindfulness Education include the young people that attend our retreats and their parents. As usual, after our retreats we sought feedback from these stakeholders. This feedback was overwhelmingly positive with some suggestions on how to make the experience of the retreat even better. In response to the needs of our young people we offer post-retreat support. Whilst retreatants are directed to local mindfulness groups, we have further supported them this last year with running a weekly online ‘Sit and Share’ group. This enables the young people to reconnect with each other and the staff member running the session to provide them with support beyond the retreat. Having now run a number of retreats we have established a core team of teachers and mentors that support with running the retreats, online courses and weekly sitting groups. The Directorships of the organisation has remained unchanged throughout this last year. We continue to work towards a more shared responsibility and collaborative approach to the core responsibilities of operations, marketing and finance. The Directors are supported by the wider community of volunteer teachers and mentors. We have working groups that focus on specific areas of the operational activities of the CIC. These include: online courses; retreats; safeguarding; staff development; operations; fund raising; legal and finance. This has allowed us to organise our growing number of volunteers into groups based on their skill set. These working groups report into the main Steering Group, which meets every month.

Directors' remuneration

Full details of directors remuneration is in the company accounts. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for director’s loss of office, which require to be disclosed.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
31 October 2024

And signed on behalf of the board by:
Name: Mr Mark Roberts
Status: Director