LIVE MENTORING CIC

Company limited by guarantee

Company Registration Number:
15318987 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 30 November 2023

End date: 30 November 2024

LIVE MENTORING CIC

Contents of the Financial Statements

for the Period Ended 30 November 2024

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

LIVE MENTORING CIC

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

Principal activities of the company

The company’s principal activity during the year continued to be the provision of educational support services.



Directors

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

Kikelomo Adediji
Olamide Odanye


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
8 September 2025

And signed on behalf of the board by:
Name: Kikelomo Adediji
Status: Director

LIVE MENTORING CIC

Profit And Loss Account

for the Period Ended 30 November 2024

2024


£
Cost of sales: 0
Gross profit(or loss): 0
Distribution costs: 0
Administrative expenses: ( 342 )
Other operating income: 2,000
Operating profit(or loss): 1,658
Interest payable and similar charges: 0
Profit(or loss) before tax: 1,658
Profit(or loss) for the financial year: 1,658

LIVE MENTORING CIC

Balance sheet

As at 30 November 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 1,658
Total current assets: 1,658
Net current assets (liabilities): 1,658
Total assets less current liabilities: 1,658
Total net assets (liabilities): 1,658
Members' funds
Profit and loss account: 1,658
Total members' funds: 1,658

The notes form part of these financial statements

LIVE MENTORING CIC

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.

This report was approved by the board of directors on 8 September 2025
and signed on behalf of the board by:

Name: Kikelomo Adediji
Status: Director

The notes form part of these financial statements

LIVE MENTORING CIC

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

    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 risk 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

    Taxation A current tax is recognised for the tax payable on the taxable profit of the current and pasts 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 the 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. Cash at Bank and in Hand Cash at bank and in hand represents balances held in bank accounts and petty cash at the year end.

LIVE MENTORING CIC

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

LIVE MENTORING CIC

Company Number: 15318987 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

The company provides resources and workshops focused on employability and soft skills such as; leadership, networking, communication, confidence and communication. During the financial year 2023-2024 the company’s activities have benefitted the community in the following ways; Created a 3 day work experience for BAME student; Underrepresented students (particularly those from BAME backgrounds) have been given access to professionals in creative industries; Held a university focused workshop for students from underrepresented backgrounds; and Student attendance at events increased from 2021-2022.

Consultation with stakeholders

The company's stakeholders are students aged 12 - 18. Stakeholders complete a pre and post event questionnaire at the end of each event hosted by the company, students are asked to identify if the event has helped them to build the target soft skills or the career area they are interested in (if the workshop is career focused) as well as which aspects of the company’s events they find most useful. We use the outcomes of these surveys to identify areas for change for each event we run and have seen an increase in student satisfaction as a result. We also encourage our stakeholders to interact with us via our social media channels and keep a regular mailing list for students which shares opportunities for stakeholders and gives them an opportunity to offer feedback on specific events they would like to see.

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
8 September 2025

And signed on behalf of the board by:
Name: Kike Adediji
Status: Director