THE YOUNG SIERRA LEONEAN C.I.C.

Company Registration Number:
11515200 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

THE YOUNG SIERRA LEONEAN C.I.C.

Contents of the Financial Statements

for the Period Ended 31 December 2024

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

THE YOUNG SIERRA LEONEAN C.I.C.

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£
£
Turnover: 1,859 16,279
Cost of sales: ( 1,567 ) ( 13,110 )
Gross profit(or loss): 292 3,169
Administrative expenses: ( 983 ) ( 1,914 )
Operating profit(or loss): (691) 1,255
Profit(or loss) before tax: (691) 1,255
Tax: ( 233 )
Profit(or loss) for the financial year: (691) 1,022

THE YOUNG SIERRA LEONEAN C.I.C.

Balance sheet

As at 31 December 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 3,290 4,005
Total current assets: 3,290 4,005
Creditors: amounts falling due within one year: 3 ( 560 ) ( 583 )
Net current assets (liabilities): 2,730 3,422
Total assets less current liabilities: 2,730 3,422
Total net assets (liabilities): 2,730 3,422
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 2,680 3,372
Total Shareholders' funds: 2,730 3,422

The notes form part of these financial statements

THE YOUNG SIERRA LEONEAN C.I.C.

Balance sheet statements

For the year ending 31 December 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 22 September 2025
and signed on behalf of the board by:

Name: Abu Bakarr Yillah
Status: Director

The notes form part of these financial statements

THE YOUNG SIERRA LEONEAN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

THE YOUNG SIERRA LEONEAN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE YOUNG SIERRA LEONEAN C.I.C.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Other creditors 560 583
Total 560 583

COMMUNITY INTEREST ANNUAL REPORT

THE YOUNG SIERRA LEONEAN C.I.C.

Company Number: 11515200 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

The company curates community events that introduce small and medium-sized enterprises to both local and global audience via our social media and long-term partnerships. As always, feedback to our events were overwhelmingly positive with special mentions on the great job we do at amplifying Sierra Leonean artists both at home and across the diaspora.

Consultation with stakeholders

We send out regular questionaries via our mailing list to capture information of the activities and events our audience would like to see us curate. We use feedback from previous events to curate a better experience for our attendees every single event.

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
22 September 2025

And signed on behalf of the board by:
Name: Abu Bakarr Yillah
Status: Director