for the Period Ended 30 June 2024
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 30 June 2024
Directors
The directors shown below have held office during the whole of the period from
1 July 2023
to
30 June 2024
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
And signed on behalf of the board by:
Name:
Status: Director
for the Period Ended
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
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Administrative expenses: |
(
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(
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Operating profit(or loss): |
( |
( |
Profit(or loss) before tax: |
( |
( |
Profit(or loss) for the financial year: |
( |
( |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Tangible assets: | 3 |
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Total fixed assets: |
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Current assets | |||
Debtors: | 4 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 5 |
(
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(
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Net current assets (liabilities): |
( |
( |
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Total assets less current liabilities: |
( |
( |
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Total net assets (liabilities): |
( |
( |
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Members' funds | |||
Profit and loss account: |
( |
( |
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Total members' funds: |
( |
( |
The notes form part of these financial statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 30 June 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
for the Period Ended 30 June 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 30 June 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 July 2023 |
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Additions |
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Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 30 June 2024 |
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Depreciation | ||||||
At 1 July 2023 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 30 June 2024 |
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Net book value | ||||||
At 30 June 2024 |
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At 30 June 2023 |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 30 June 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Trade creditors |
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Accruals and deferred income |
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Other creditors |
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Total |
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Limitless Youth Academy CIC is a community interest company committed to enhancing the lives of young people through sports, education, and mentoring. Our core mission is to create opportunities that foster healthy lifestyles, teamwork, and personal development particularly among disadvantaged youth. We are dedicated to ensuring every young person has access to the resources and support they need to reach their full potential. During the financial year, we delivered a range of impactful programmes across Birmingham and Sandwell. Our summer holiday camps engaged over 300 children at each location, offering activities and workshops on vital topics such as knife crime prevention, healthy eating, entrepreneurship, behaviour, personal development, and sport. These camps also included enriching excursions, such as rock climbing, to broaden participants' experiences. In addition, we provided weekly sports sessions to over 50 consistent participants, promoting physical activity, discipline, and community engagement. Our food project, funded by Birmingham City Council, supported up to 100 families over a 12-week period in the Handsworth and Aston areas. This initiative introduced participants to diverse cultural cuisines and included practical workshops on preparing nutritious meals on a budget. We also secured funding from Sport England, which enabled us to acquire a Glow Sport license. Through this initiative, we partnered with local schools and community groups to deliver innovative, inclusive sports sessions that encouraged physical activity in a fun and engaging environment. Through these initiatives, Limitless Youth Academy CIC has made a meaningful and lasting impact on the lives of young people and families in our community, helping to build a foundation for healthier, more empowered futures.
We actively engage our stakeholders in regular consultation to ensure our services are relevant and impactful. Stakeholder feedback is collected through structured question-and-answer sessions during our programme delivery, where participants are encouraged to voice their views, concerns, and suggestions. In addition to open discussions, we collect both quantitative and qualitative data from our sessions to assess participants’ development, track progress, and identify areas for improvement. Community feedback has played a key role in shaping our services. For instance, stakeholders frequently request new activities and skill-building opportunities. In response, we are in the process of developing and launching additional projects that directly reflect these needs. Moreover, we hold monthly meetings with parents and community members to better understand the broader needs of families and to identify opportunities for improving services for young people. These consultations are vital in helping us remain responsive and accountable to those we serve. Through ongoing dialogue and meaningful stakeholder involvement, Limitless Youth Academy CIC ensures that its services remain community-led and aligned with the evolving needs of those we aim to support. As part of our commitment to consultation and transparency, we also participated in the Sandwell HAF (Holiday Activities and Food Programme) evaluation report. One of our parents took part in the report, sharing her personal testimony about the positive impact our project has had on her and her family. This not only highlighted the real-life benefits of our services but also reinforced the importance of continuing to involve our community in evaluating and shaping our work.
Two directors were paid a total of £9,460.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
2 May 2025
And signed on behalf of the board by:
Name: Channel Mcleod
Status: Director