YOUTH IN SPORT CIC

Company limited by guarantee

Company Registration Number:
12905207 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

YOUTH IN SPORT CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

YOUTH IN SPORT CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 7,000 11,175
Cost of sales: ( 5,036 )
Gross profit(or loss): 7,000 6,139
Administrative expenses: ( 9,647 ) ( 6,516 )
Operating profit(or loss): (2,647) (377)
Profit(or loss) before tax: (2,647) (377)
Profit(or loss) for the financial year: (2,647) (377)

YOUTH IN SPORT CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 1,423 3,706
Total current assets: 1,423 3,706
Creditors: amounts falling due within one year: 3 ( 1,671 ) ( 1,307 )
Net current assets (liabilities): (248) 2,399
Total assets less current liabilities: (248) 2,399
Total net assets (liabilities): (248) 2,399
Members' funds
Profit and loss account: (248) 2,399
Total members' funds: ( 248) 2,399

The notes form part of these financial statements

YOUTH IN SPORT CIC

Balance sheet statements

For the year ending 30 September 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 23 December 2024
and signed on behalf of the board by:

Name: Shaheed Miah
Status: Director

The notes form part of these financial statements

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 3 3

YOUTH IN SPORT CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 1
Accruals and deferred income 403 651
Other creditors 1,267 656
Total 1,671 1,307

COMMUNITY INTEREST ANNUAL REPORT

YOUTH IN SPORT CIC

Company Number: 12905207 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Youth In Sport CIC is a grassroot community-based sports and physical activity project. Projects delivered benefit those in the community that may not have access to such provision due to social of economical barriers. All our programmes focus on the health, wellbeing and personal development of the participants, their families and the wider community. We provide positive sports activities and engagement to help children, families and young people develop skills and reach their potential. Young people continue to be at the core of what we do and our focus at Youth in Sport is to continue to develop them by using sports as a means for engagement to build self-confidence, develop skills and giving them the opportunity to live their best life through a range of high quality sporting activities and giving them the support, advice and guidance to progress and overcome any challenges. We provide a bridge between young people and the community to create a safe space and environment of community cohesion through inclusion and support services. Throughout the year we have been working across housing estates and communities in London, supporting young people's health and well-being, promoting skills, building communities and tackling youth crime and anti-social behaviour. Uniquely we offered a community development approach, which saw local young people forming the backbone of our community development sessions. These included: Sports Coaching Programmes, Trips and Events, Volunteering Opportunities, Targeted support and mentoring for particularly 'at-risk' young people Young people accessed free organised multi-sport activities during weekly term-time community sessions, half term holiday and summer holiday activities across London.

Consultation with stakeholders

Youth In Sport CIC stakeholders include its employees, customers/ participants (parents, children), funders, partners and management committee. Our management committee meet twice a month. We collate feedback from our stakeholders through questionnaires and consultations at the end of each project to then structure our delivery to ensure we meet the needs of our customers/participants, funders and partners and also create an effective working environment for our employees. Our organisation website also allows us to receive feedback from our stakeholders at any given time. Meetings and feedback allow us to discuss new ideas and also reflect on previous projects that have been delivered.

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
23 December 2024

And signed on behalf of the board by:
Name: Shaheed Miah
Status: Director