PROGRESS4YOUTH C.I.C.

Company limited by guarantee

Company Registration Number:
14696787 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

PROGRESS4YOUTH C.I.C.

Contents of the Financial Statements

for the Period Ended 31 March 2025

Profit and loss
Balance sheet
Additional notes
Community Interest Report

PROGRESS4YOUTH C.I.C.

Profit And Loss Account

for the Period Ended 31 March 2025

2025 13 months to 31 March 2024


£

£
Turnover: 60,368 7,965
Gross profit(or loss): 60,368 7,965
Administrative expenses: ( 62,533 ) ( 5,166 )
Operating profit(or loss): (2,165) 2,799
Profit(or loss) before tax: (2,165) 2,799
Profit(or loss) for the financial year: (2,165) 2,799

PROGRESS4YOUTH C.I.C.

Balance sheet

As at 31 March 2025

Notes 2025 13 months to 31 March 2024


£

£
Current assets
Cash at bank and in hand: 1,136 3,301
Total current assets: 1,136 3,301
Net current assets (liabilities): 1,136 3,301
Total assets less current liabilities: 1,136 3,301
Total net assets (liabilities): 1,136 3,301
Members' funds
Profit and loss account: 1,136 3,301
Total members' funds: 1,136 3,301

The notes form part of these financial statements

PROGRESS4YOUTH C.I.C.

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 11 November 2025
and signed on behalf of the board by:

Name: Aasia Louise Skerret
Status: Director

The notes form part of these financial statements

PROGRESS4YOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

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

    Tangible fixed assets depreciation policy

    All assets have a useful life of 5 years and we use reducing balance method to work out the value. Only items with a value of £500 or above are recognised

PROGRESS4YOUTH C.I.C.

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 13 months to 31 March 2024
    Average number of employees during the period 0 0

    The c.i.c has no employees but relies on tutors who are contractors

COMMUNITY INTEREST ANNUAL REPORT

PROGRESS4YOUTH C.I.C.

Company Number: 14696787 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Young people are learning skills that will help them for life. The children are engaged and this helps stop them from joining criminal gangs

Consultation with stakeholders

No consultation with stakeholders

Directors' remuneration

Aasia who is a director was paid for offering piano lessons £1,543.00

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
11 November 2025

And signed on behalf of the board by:
Name: Aasia Louise Skerret
Status: Director