TECH432 CIC

Company limited by guarantee

Company Registration Number:
15411617 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2025

Period of accounts

Start date: 15 January 2024

End date: 31 January 2025

TECH432 CIC

Contents of the Financial Statements

for the Period Ended 31 January 2025

Directors report
Balance sheet
Additional notes
Community Interest Report

TECH432 CIC

Directors' report period ended 31 January 2025

The directors present their report with the financial statements of the company for the period ended 31 January 2025

Directors

The director shown below has held office during the whole of the period from
15 January 2024 to 31 January 2025

Yetunde Animashaun


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
14 October 2025

And signed on behalf of the board by:
Name: Yetunde Animashaun
Status: Director

TECH432 CIC

Balance sheet

As at 31 January 2025

Notes 13 months to 31 January 2025


£
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 0
Investments:   0
Total current assets: 0
Prepayments and accrued income: 0
Creditors: amounts falling due within one year:   0
Net current assets (liabilities): 0
Total assets less current liabilities: 0
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 0
Members' funds
Profit and loss account: 0
Total members' funds: 0

The notes form part of these financial statements

TECH432 CIC

Balance sheet statements

For the year ending 31 January 2025 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 14 October 2025
and signed on behalf of the board by:

Name: Yetunde Animashaun
Status: Director

The notes form part of these financial statements

TECH432 CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 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

TECH432 CIC

Notes to the Financial Statements

for the Period Ended 31 January 2025

  • 2. Employees

    13 months to 31 January 2025
    Average number of employees during the period 1

COMMUNITY INTEREST ANNUAL REPORT

TECH432 CIC

Company Number: 15411617 (England and Wales)

Year Ending: 31 January 2025

Company activities and impact

During the financial year, Tech432 has continued to make a positive impact on underrepresented communities by creating opportunities, building confidence, and improving access to careers in technology. Empowering Young People through Education and Workshops Tech432 delivered several school workshops and community sessions, helping over 250 young people from underrepresented backgrounds learn about careers in technology, digital skills, and personal development. These sessions have built confidence, increased digital literacy, and inspired participants to explore education and employment pathways they previously felt were inaccessible. Supporting Diversity and Inclusion in Tech By partnering with organisations such as Coding Black Females, Stem Babe, Tech Academia, and Hack That Stack, Tech432 has provided visibility and support for Black talent in the tech industry. These partnerships have created networking, mentoring, and employment opportunities for individuals who are often overlooked in the sector. Community Engagement and Positive Role Modelling Tech432 ran empowerment workshops for young Black boys in inner-city London, offering mentorship, discussions on positive identity, and community support. Initiatives such as providing free haircuts for young people have fostered trust, boosted self-esteem, and built stronger community ties. Responding to Community Needs Following the tragic loss of a young person previously mentored by Tech432, the organisation increased its community engagement activities to provide mental health support, mentoring, and safe spaces for youth to connect and share their experiences. Economic and Social Value By equipping young people with relevant tech skills and career insights, Tech432 helps improve employment prospects and reduces inequality within underrepresented groups. These activities contribute to the long-term economic empowerment of participants and help diversify the future workforce.

Consultation with stakeholders

Consultation with Stakeholders During the financial year, Tech432 actively engaged with a range of stakeholders to ensure that our programmes and initiatives continued to meet the needs of the community we serve. Young People and Participants Regular feedback was collected through post-workshop surveys, focus groups, and informal discussions to understand the impact of our sessions and identify areas for improvement. Young people expressed a desire for more practical workshops on digital skills, mentoring, and career pathways in technology, which informed our planning for future events. Schools and Educational Partners Tech432 maintained close relationships with local schools, teachers, and youth organisations to ensure our workshops aligned with school priorities, timetables, and student needs. Teachers provided valuable input on student engagement, curriculum relevance, and how Tech432’s content supports personal development and employability skills. Industry and Community Partners Consultations were held with partner organisations such as Coding Black Females, Tech Academia, Stem Babe, and Hack That Stack to coordinate joint activities and share best practice. Corporate and industry partners provided insight into emerging tech trends and skills gaps, helping us tailor our content to prepare young people for future careers. Parents and Guardians Informal consultations with parents helped us better understand the barriers to participation, such as transport, confidence, or financial constraints. This feedback led to adjustments in workshop delivery, ensuring accessibility and inclusivity for all participants. Internal Team and Volunteers Regular team debriefs and reflection sessions ensured that facilitators and volunteers could share learnings from each event and contribute to improving future sessions.

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
14 October 2025

And signed on behalf of the board by:
Name: Yetunde Animashaun
Status: Director