YARAN NORTHWEST CIC

Company limited by guarantee

Company Registration Number:
09284848 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

YARAN NORTHWEST CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

YARAN NORTHWEST CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

The company's principal activity during the year continued to be a counselling service, predominantly for the farsi speaking community in Greater Manchester.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Parvin Emampour
Peter Field
Rozita Hussain
Rokhsana Nowroozi Forooshani
Emanuela Girei


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
12 May 2025

And signed on behalf of the board by:
Name: Parvin Emampour
Status: Director

YARAN NORTHWEST CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 311,393 243,677
Cost of sales: ( 40,423 ) ( 8,753 )
Gross profit(or loss): 270,970 234,924
Administrative expenses: ( 275,401 ) ( 235,066 )
Operating profit(or loss): (4,431) (142)
Interest receivable and similar income: 453 142
Profit(or loss) before tax: (3,978) 0
Profit(or loss) for the financial year: (3,978) 0

YARAN NORTHWEST CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 2,000
Cash at bank and in hand: 14,128 52,860
Total current assets: 16,128 52,860
Creditors: amounts falling due within one year: 4 ( 4,538 ) ( 37,292 )
Net current assets (liabilities): 11,590 15,568
Total assets less current liabilities: 11,590 15,568
Total net assets (liabilities): 11,590 15,568
Members' funds
Profit and loss account: 11,590 15,568
Total members' funds: 11,590 15,568

The notes form part of these financial statements

YARAN NORTHWEST CIC

Balance sheet statements

For the year ending 31 October 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 12 May 2025
and signed on behalf of the board by:

Name: Parvin Emampour
Status: Director

The notes form part of these financial statements

YARAN NORTHWEST CIC

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes grants received. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Valuation information and policy

    Debtors - Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. Creditors - Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

    Other accounting policies

    Taxation - A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

YARAN NORTHWEST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 5 5

YARAN NORTHWEST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 2023
£ £
Other debtors 2,000
Total 2,000

YARAN NORTHWEST CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 615 615
Taxation and social security 3,923 2,379
Accruals and deferred income 34,298
Total 4,538 37,292

COMMUNITY INTEREST ANNUAL REPORT

YARAN NORTHWEST CIC

Company Number: 09284848 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Yaran Northwest CIC was established to address the deep-rooted inequalities experienced by marginalised communities, particularly Black, Asian, and Minority Ethnic (BAME) individuals, refugees, asylum seekers, and migrants across Greater Manchester. Our services are delivered in a culturally and linguistically sensitive manner in multiple community languages, including Farsi, Dari, Urdu, Arabic, Turkish, Kurdish, and English. During the financial year ending 31 October 2024, Yaran supported over 1000 individuals through a combination of trauma-informed one-to-one therapy, group counselling, art and movement-based recovery programmes, advocacy, and wellbeing workshops. We offered specialist sessions in creative therapies, energy advice, career support, and community-led sustainability initiatives. Our work empowered our community members, supported young people falling out of education, and enhanced community mental health. These services contributed significantly to improved emotional resilience, social connection, and pathways into employment and education. We maintained high professional standards through supervision for all therapists, many of whom are bilingual and members of professional bodies such as BACP.

Consultation with stakeholders

Our stakeholders include service users, community members, staff, volunteers, partner organisations (e.g., NHS, councils, VCSE networks), and funders. We regularly consult stakeholders through: - Feedback forms after sessions and workshops - Monthly peer group consultations with service users - Quarterly staff and volunteer reflection sessions - Partnership meetings with local agencies As a result, we introduced more flexible session timings, expanded language-specific peer support groups, and enhanced further training for our therapist such as CBT Therapy for Childeren . Stakeholder feedback also led us to extend our sustainability projects and provide culturally and linguistically sensitive support for our service users.

Directors' remuneration

The Directors receive no remuneration in return for the services as officers of the Company. Parvin Emampour, one of the Directors, receives remuneration for her involvement in counselling and related work. In the period under review she received £40,950 (2023: £35,500). Rokhsana Nowroozi Forooshani, receives remuneration for her involvement in counselling and related work. In the period under review she received £35,000 (2023: £25,440).

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
13 May 2025

And signed on behalf of the board by:
Name: Parvin Emampour
Status: Director