PHOENIX YOUTH PROVISION CIC

Company limited by guarantee

Company Registration Number:
14421802 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

PHOENIX YOUTH PROVISION CIC

Contents of the Financial Statements

for the Period Ended 31 October 2024

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

PHOENIX YOUTH PROVISION CIC

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

Youth Project Work.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

R Sutton
K Kynaston
A King
B Swift


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
16 October 2025

And signed on behalf of the board by:
Name: R Sutton
Status: Director

PHOENIX YOUTH PROVISION CIC

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 38,992 17,203
Cost of sales: ( 36,225 ) ( 765 )
Gross profit(or loss): 2,767 16,438
Administrative expenses: ( 4,422 ) ( 10,153 )
Operating profit(or loss): (1,655) 6,285
Profit(or loss) before tax: (1,655) 6,285
Profit(or loss) for the financial year: (1,655) 6,285

PHOENIX YOUTH PROVISION CIC

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 5,144 6,431
Total fixed assets: 5,144 6,431
Current assets
Debtors: 4 3,396
Cash at bank and in hand: 17,809 8,424
Total current assets: 21,205 8,424
Creditors: amounts falling due within one year: 5 ( 21,719 ) ( 8,570 )
Net current assets (liabilities): (514) (146)
Total assets less current liabilities: 4,630 6,285
Total net assets (liabilities): 4,630 6,285
Members' funds
Profit and loss account: 4,630 6,285
Total members' funds: 4,630 6,285

The notes form part of these financial statements

PHOENIX YOUTH PROVISION CIC

Balance sheet statements

For the year ending 31 October 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 16 October 2025
and signed on behalf of the board by:

Name: R Sutton
Status: Director

The notes form part of these financial statements

PHOENIX YOUTH PROVISION CIC

Notes to the Financial Statements

for the Period Ended 31 October 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 fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss. Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

    Other accounting policies

    Trade and other debtors Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts. Trade and other creditors Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method. Provisions Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation. Provisions are charged as an expense to the income and expenditure account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties. When payments are eventually made, they are charged to the provision carried in the balance sheet

PHOENIX YOUTH PROVISION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 7 5

PHOENIX YOUTH PROVISION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 November 2023 6,744 6,744
Additions
Disposals
Revaluations
Transfers
At 31 October 2024 6,744 6,744
Depreciation
At 1 November 2023 313 313
Charge for year 1,287 1,287
On disposals
Other adjustments
At 31 October 2024 1,600 1,600
Net book value
At 31 October 2024 5,144 5,144
At 31 October 2023 6,431 6,431

PHOENIX YOUTH PROVISION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Debtors

2024 2023
£ £
Trade debtors 3,396
Total 3,396

PHOENIX YOUTH PROVISION CIC

Notes to the Financial Statements

for the Period Ended 31 October 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 250
Accruals and deferred income 7,695 8,570
Other creditors 13,774
Total 21,719 8,570

COMMUNITY INTEREST ANNUAL REPORT

PHOENIX YOUTH PROVISION CIC

Company Number: 14421802 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

Upskilled our volunteers, with one completing a L3 and one a L2. Built robust working arrangements between Directors therefore increasing productivity. Used the business plan to focus our local offer. Have further developed strong and meaningful relationships with other agencies such as health, police, education, Council, charities and young groups. Have increased our delivery to 3 nights a week, plus mentoring in our local school, working in coproduction with our young people. This has helped the community by decreasing youth ASB by 22% and having more sessions for young people to attend. Detached has allowed the most disadvantaged and hard to reach young people build relationships with trusted adults, so are therefore able to receive timely and appropriate support and advice. We have continued to attract funding to continue our work.

Consultation with stakeholders

We see our main stakeholders as schools, parents, the young people and other local agencies who we can work together with. Our in schoolwork has picked up where the counselling stopped, and we have mentored over 20 young people on a 1-1 basis, supporting them to remain in education, move on to college, or work. We have built good relationships with parents, and this work is ongoing. We recognise that they are the experts in their children, and by working closely together we can help support healthier and more stable family dynamics. Our youth voice and coproduction is flourishing, meaning we are offering the young people what they have identified, therefore increasing engagement. For example, our very successful Kick and Chips group was developed this way and has seen great youth work carried out with some very hard to reach young people, who now are able to attend building-based sessions. We have been an active member of the Fenland Youth Forum, the Whittlesey Business Forum, the Whittlesey Community Hub, and have engaged with other agencies such as the Rotary Club, Cambs Community Voluntary Service, and Locality Team, which has empowered working together, sharing of ideas and resources, improved access to training, and overall has made delivering this year of PYP fun and beneficial to all.

Directors' remuneration

£10,500 remuneration was paid to Directors.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
16 October 2025

And signed on behalf of the board by:
Name: R Sutton
Status: Director