Y NOT I CIC

Company limited by guarantee

Company Registration Number:
14803827 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 15 April 2023

End date: 31 May 2024

Y NOT I CIC

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Community Interest Report

Y NOT I CIC

Balance sheet

As at 31 May 2024

Notes 14 months to 31 May 2024


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

Y NOT I CIC

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.

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 10 February 2025
and signed on behalf of the board by:

Name: Kofi Josephs
Status: Director

The notes form part of these financial statements

Y NOT I CIC

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

Y NOT I CIC

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    14 months to 31 May 2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

Y NOT I CIC

Company Number: 14803827 (England and Wales)

Year Ending: 31 May 2024

Company activities and impact

In the financial year, Why Not I CIC has actively supported the community through various mental health initiatives, educational programs, and outreach activities. The company has: Delivered Mental Health Workshops and Talks in Schools and Colleges: Providing young people with tools to manage their mental well-being while inspiring them through real-life experiences and open conversations. These sessions have empowered students to prioritize their mental health and equipped teachers with insights to support their students better. Organized 'Why Not I Workouts' for Elite Athletes: Using sports as a vehicle for mental health education, these workshops have helped athletes, including England and Great Britain players, to balance their sporting careers with their mental well-being through tailored activities and expert-led discussions. Launched the ‘Wings of Hope’ Activations: Supporting vulnerable groups, including homeless individuals and hospitalized children, by providing essentials such as clothing, toys, and food, while offering mental health conversations to uplift and inspire. Through these initiatives, Why Not I CIC has positively impacted the well-being of students, athletes, and vulnerable groups, fostering a healthier and more supportive community while raising awareness about the importance of mental health.

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
10 February 2025

And signed on behalf of the board by:
Name: Kofi Josephs
Status: Director