RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Company limited by guarantee

Company Registration Number:
12896752 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Directors' report period ended 30 September 2024

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

Principal activities of the company

The company's principal activity during the year continued to be Other social work activities without accommodation not elsewhere classified.



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 30 September 2024

Sammuel KITONE


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
20 June 2025

And signed on behalf of the board by:
Name: Sammuel KITONE
Status: Director

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£

£
Turnover: 8,075 35,317
Cost of sales: ( 2,000 )
Gross profit(or loss): 6,075 35,317
Administrative expenses: ( 11,770 ) ( 35,058 )
Operating profit(or loss): (5,695) 259
Profit(or loss) before tax: (5,695) 259
Tax: ( 49 )
Profit(or loss) for the financial year: (5,695) 210

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 257 3,551
Total current assets: 257 3,551
Creditors: amounts falling due within one year: 3 ( 5,319 ) ( 2,918 )
Net current assets (liabilities): (5,062) 633
Total assets less current liabilities: (5,062) 633
Total net assets (liabilities): (5,062) 633
Members' funds
Profit and loss account: (5,062) 633
Total members' funds: ( 5,062) 633

The notes form part of these financial statements

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Balance sheet statements

For the year ending 30 September 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 20 June 2025
and signed on behalf of the board by:

Name: Sammuel KITONE
Status: Director

The notes form part of these financial statements

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Notes to the Financial Statements

for the Period Ended 30 September 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 and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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

    Other accounting policies

    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.

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 49
Other creditors 5,319 2,869
Total 5,319 2,918

COMMUNITY INTEREST ANNUAL REPORT

RISE COMMUNITY INCLUSION EDUCATION EMPOWERMENT & YOUTH QUAKE CIC

Company Number: 12896752 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

Community events for the youth. Arts and creative activities for the youth. CV and employment trainings. Sports events are provided to help the youth. Mental health awareness is also included in the activities. We also provide activities such as Radio and TV Production for the youth.

Consultation with stakeholders

The community and the company's supporters are its stakeholders. Anyone who meets these requirements is eligible to apply for membership. Directors chosen from the membership are often consulted and take part in the management and strategic direction of the business. There hasn't been any more, more extensive consultation. At the conclusion of every intervention, customers of the business are asked for comment on the services they received; the business then uses this data to improve its service evaluations. Directors of the CIC are involved in the communities that the business serves and frequently engage in informal consultations to collect input that is utilised to guide the development of services and projects

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
20 June 2025

And signed on behalf of the board by:
Name: Sammuel KITONE
Status: Director