CHANSE 4 YOUTH CIC

Company limited by guarantee

Company Registration Number:
14181616 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 1 July 2023

End date: 30 June 2024

CHANSE 4 YOUTH CIC

Contents of the Financial Statements

for the Period Ended 30 June 2024

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

CHANSE 4 YOUTH CIC

Directors' report period ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal activities of the company

Principally CHANSE 4 YOUTH operates on a project by project basis. Our activities are centred around arts related educational workshops that aim to improve youth wellbeing and provide learning opportunities that enhance aspirational interests.

Additional information

CHANSE 4 YOUTH has not been active this financial year.



Directors

The directors shown below have held office during the whole of the period from
1 July 2023 to 30 June 2024

Jason Mckoy
Jason Mckoy


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
14 March 2025

And signed on behalf of the board by:
Name: Jason Mckoy
Status: Director

CHANSE 4 YOUTH CIC

Profit And Loss Account

for the Period Ended 30 June 2024

2024 2023


£

£
Turnover: 0 1,499
Cost of sales: 0 ( 1,192 )
Gross profit(or loss): 0 307
Distribution costs: 0 0
Administrative expenses: 0 0
Other operating income: 0 0
Operating profit(or loss): 0 307
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 307
Profit(or loss) for the financial year: 0 307

CHANSE 4 YOUTH CIC

Balance sheet

As at 30 June 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 500 500
Investments:   0 0
Total fixed assets: 500 500
Current assets
Cash at bank and in hand: 113 113
Total current assets: 113 113
Net current assets (liabilities): 113 113
Total assets less current liabilities: 613 613
Total net assets (liabilities): 613 613
Members' funds
Profit and loss account: 613 613
Total members' funds: 613 613

The notes form part of these financial statements

CHANSE 4 YOUTH CIC

Balance sheet statements

For the year ending 30 June 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 14 March 2025
and signed on behalf of the board by:

Name: Jason Mckoy
Status: Director

The notes form part of these financial statements

CHANSE 4 YOUTH CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CHANSE 4 YOUTH CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

CHANSE 4 YOUTH CIC

Notes to the Financial Statements

for the Period Ended 30 June 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2023 0 0 0 500 0 500
Additions 0 0 0 0 0 0
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 30 June 2024 0 0 0 500 0 500
Depreciation
At 1 July 2023 0 0 0 0 0 0
Charge for year 0 0 0 0 0 0
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 30 June 2024 0 0 0 0 0 0
Net book value
At 30 June 2024 0 0 0 500 0 500
At 30 June 2023 0 0 0 500 0 500

COMMUNITY INTEREST ANNUAL REPORT

CHANSE 4 YOUTH CIC

Company Number: 14181616 (England and Wales)

Year Ending: 30 June 2024

Company activities and impact

CHANSE 4 YOUTH is a social enterprise project setup to benefit disadvantaged youth from various local communities. CHANSE 4 YOUTH has not been active this financial year due to other personal commitments. The general purpose of CHANSE is to serve local communities with arts related activities that provide a sense of wellbeing and educate and inspire youth to seek out healthy aspirational work related interests. I work solely, and do not employ others.

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
14 March 2025

And signed on behalf of the board by:
Name: Jason Mckoy
Status: Director