YOUTH IT COLLEGE C.I.C.

Company limited by guarantee

Company Registration Number:
SC520930 (Scotland)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 1 December 2023

End date: 30 November 2024

YOUTH IT COLLEGE C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

YOUTH IT COLLEGE C.I.C.

Directors' report period ended 30 November 2024

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

Directors

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

Dr Rashmi Mantri


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
1 August 2025

And signed on behalf of the board by:
Name: Dr Rashmi Mantri
Status: Director

YOUTH IT COLLEGE C.I.C.

Balance sheet

As at 30 November 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Cash at bank and in hand: 44,818 21,125
Investments:   0 0
Total current assets: 44,818 21,125
Creditors: amounts falling due within one year: 3 ( 20,455 ) ( 22,590 )
Net current assets (liabilities): 24,363 (1,465)
Total assets less current liabilities: 24,363 ( 1,465)
Creditors: amounts falling due after more than one year: 4 ( 9,334 ) ( 9,334 )
Total net assets (liabilities): 15,029 (10,799)
Members' funds
Profit and loss account: 15,029 ( 10,799)
Total members' funds: 15,029 (10,799)

The notes form part of these financial statements

YOUTH IT COLLEGE C.I.C.

Balance sheet statements

For the year ending 30 November 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 1 August 2025
and signed on behalf of the board by:

Name: Dr Rashmi Mantri
Status: Director

The notes form part of these financial statements

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

    Tangible fixed assets depreciation policy

    Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates to write off the assets over their estimated useful lives: Computer equipment = 25%

    Other accounting policies

    The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts. Basis of preparation The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets. Presentation currency The accounts are presented in £ sterling.

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 4,000 4,000
Trade creditors 4,656
Accruals and deferred income 720 300
Other creditors 15,735 13,634
Total 20,455 22,590

YOUTH IT COLLEGE C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 9,334 9,334
Total 9,334 9,334

COMMUNITY INTEREST ANNUAL REPORT

YOUTH IT COLLEGE C.I.C.

Company Number: SC520930 (Scotland)

Year Ending: 30 November 2024

Company activities and impact

We are currently focusing on English and Math and delivering online. This helps children improve their English skills (if it's not their first language) and Math.

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
1 August 2025

And signed on behalf of the board by:
Name: Rashmi Mantri
Status: Director