POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
08024458 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 March 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 164,722 118,831
Cash at bank and in hand: 11,803 56,963
Total current assets: 176,525 175,794
Creditors: amounts falling due within one year: 4 ( 164,205 ) ( 164,930 )
Net current assets (liabilities): 12,320 10,864
Total assets less current liabilities: 12,320 10,864
Total net assets (liabilities): 12,320 10,864
Members' funds
Profit and loss account: 12,320 10,864
Total members' funds: 12,320 10,864

The notes form part of these financial statements

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

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.

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 11 September 2024
and signed on behalf of the board by:

Name: Karen Tait
Status: Director

The notes form part of these financial statements

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

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

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 20 20

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Debtors

2024 2023
£ £
Trade debtors 164,722 118,831
Total 164,722 118,831

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 164,205 164,930
Total 164,205 164,930

COMMUNITY INTEREST ANNUAL REPORT

POSITIVE 4 YOUNG PEOPLE COMMUNITY INTEREST COMPANY

Company Number: 08024458 (England and Wales)

Year Ending: 31 March 2024

Company activities and impact

The company is supporting the community working with up to 47 schools, multi-agency teams and stakeholders and families. We have also run several groups supporting our isolated elderly and young children during the school holidays. Projects are varied but may include intervention and support for young people, families and members of the community. Evaluation done with beneficiaries has identified that the intervention has had impact and supported development.

Consultation with stakeholders

The company consults with members of the community including young people and families on a regular basis to ensure that the projects are having impact and have been effective. This then informs them of future projects required dependent on need.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £55,771 which is made up of Directors’ salaries of £50,600 and Employers’ NI of £5,171. 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
11 September 2024

And signed on behalf of the board by:
Name: Karen Tait
Status: Director