PROGRESS4YOUTH C.I.C.

Company limited by guarantee

Company Registration Number:
14696787 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 March 2023

End date: 31 March 2024

PROGRESS4YOUTH C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2024

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

PROGRESS4YOUTH C.I.C.

Directors' report period ended 31 March 2024

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

Principal activities of the company

Providing youth with training



Directors

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

Aasia Louise Skerrett
Tom Bora


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
13 November 2024

And signed on behalf of the board by:
Name: Aasia Louise Skerrett
Status: Director

PROGRESS4YOUTH C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2024

13 months to 31 March 2024


£
Turnover: 7,965
Gross profit(or loss): 7,965
Administrative expenses: ( 4,664 )
Operating profit(or loss): 3,301
Profit(or loss) before tax: 3,301
Profit(or loss) for the financial year: 3,301

PROGRESS4YOUTH C.I.C.

Balance sheet

As at 31 March 2024

Notes 13 months to 31 March 2024


£
Current assets
Cash at bank and in hand: 3,301
Total current assets: 3,301
Net current assets (liabilities): 3,301
Total assets less current liabilities: 3,301
Total net assets (liabilities): 3,301
Members' funds
Profit and loss account: 3,301
Total members' funds: 3,301

The notes form part of these financial statements

PROGRESS4YOUTH C.I.C.

Balance sheet statements

For the year ending 31 March 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 13 November 2024
and signed on behalf of the board by:

Name: Aasia Louise Skerrett
Status: Director

The notes form part of these financial statements

PROGRESS4YOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 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

PROGRESS4YOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    13 months to 31 March 2024
    Average number of employees during the period 1

COMMUNITY INTEREST ANNUAL REPORT

PROGRESS4YOUTH C.I.C.

Company Number: 14696787 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

Provide young people with skills , The C.I.C teaches piano lessons to children which apart from giving them a skill gives them the positive outlook in life. And keeps young people out of the streets and bad influence.

Consultation with stakeholders

Time to time the C.I.C talks to the parents of the young people to get a feedback on how the interaction with the C.I.C is affecting their children. To find out what can be improved.

Directors' remuneration

One director Aasia Skerrett who also offered tutoring lessons on piano was paid a total of £2,813 in total for her tutoring work in the year.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 November 2024

And signed on behalf of the board by:
Name: Aasia Louise Skerrett
Status: Director