TIGRAY YOUTH NETWORK CIC

Company limited by guarantee

Company Registration Number:
13336595 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

TIGRAY YOUTH NETWORK CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

TIGRAY YOUTH NETWORK CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 121 203
Total fixed assets: 121 203
Current assets
Stocks: 4 1,177 535
Cash at bank and in hand: 5,988 14,303
Total current assets: 7,165 14,838
Prepayments and accrued income: 895 722
Net current assets (liabilities): 8,060 15,560
Total assets less current liabilities: 8,181 15,763
Total net assets (liabilities): 8,181 15,763
Members' funds
Profit and loss account: 8,181 15,763
Total members' funds: 8,181 15,763

The notes form part of these financial statements

TIGRAY YOUTH NETWORK CIC

Balance sheet statements

For the year ending 30 April 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.

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 15 January 2025
and signed on behalf of the board by:

Name: Kalabe Fesseha Gezehagn
Status: Director

The notes form part of these financial statements

TIGRAY YOUTH NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

TIGRAY YOUTH NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

TIGRAY YOUTH NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2023 245 245
Additions
Disposals
Revaluations
Transfers
At 30 April 2024 245 245
Depreciation
At 1 May 2023 42 42
Charge for year 82 82
On disposals
Other adjustments
At 30 April 2024 124 124
Net book value
At 30 April 2024 121 121
At 30 April 2023 203 203

TIGRAY YOUTH NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Stocks

2024 2023
£ £
Stocks 1,177 535
Total 1,177 535

COMMUNITY INTEREST ANNUAL REPORT

TIGRAY YOUTH NETWORK CIC

Company Number: 13336595 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Tigray Youth Network "TYN" is empowered to fundraise for the betterment of the local Tigrayan community, as well as in Tigray, northern Ethiopia. During the year to April 2024, TYN ran a wide variety of local initiatives as well as donating to multiple aid organisations in Tigray.

Consultation with stakeholders

No consultation with stakeholders

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
15 January 2025

And signed on behalf of the board by:
Name: Kalabe Fesseha Gezehagn
Status: Director