MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Company limited by guarantee

Company Registration Number:
07882119 (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

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

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

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Profit And Loss Account

for the Period Ended 31 December 2024

2024 2023


£

£
Turnover: 38,475 31,756
Cost of sales: ( 12,338 ) ( 11,317 )
Gross profit(or loss): 26,137 20,439
Administrative expenses: ( 28,995 ) ( 16,308 )
Operating profit(or loss): (2,858) 4,131
Profit(or loss) before tax: (2,858) 4,131
Profit(or loss) for the financial year: (2,858) 4,131

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 7,680 7,680
Total fixed assets: 7,680 7,680
Current assets
Debtors: 4 9,316 3,578
Cash at bank and in hand: 33,243 40,947
Total current assets: 42,559 44,525
Creditors: amounts falling due within one year: 5 ( 892 ) 0
Net current assets (liabilities): 41,667 44,525
Total assets less current liabilities: 49,347 52,205
Total net assets (liabilities): 49,347 52,205
Members' funds
Profit and loss account: 49,347 52,205
Total members' funds: 49,347 52,205

The notes form part of these financial statements

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

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 18 September 2025
and signed on behalf of the board by:

Name: Mike Edwards
Status: Director

The notes form part of these financial statements

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

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 Section 1A (Small Entities) of Financial Reporting Standard 102

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 17,030 12,000 29,030
Additions
Disposals
Revaluations
Transfers
At 31 December 2024 17,030 12,000 29,030
Depreciation
At 1 January 2024 17,030 4,320 21,350
Charge for year
On disposals
Other adjustments
At 31 December 2024 17,030 4,320 21,350
Net book value
At 31 December 2024 0 7,680 7,680
At 31 December 2023 0 7,680 7,680

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Other debtors 9,316 3,578
Total 9,316 3,578

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 892 0
Total 892 0

COMMUNITY INTEREST ANNUAL REPORT

MANCHESTER YOUNG COMMUNITY CHAMPIONS CIC

Company Number: 07882119 (England and Wales)

Year Ending: 31 December 2024

Company activities and impact

Manchester Young Community Champions provides a platform for young people within the community. Alongside delivering engaging activities, we support and develop individuals to help them become positive, responsible citizens and improve their pathways into employment. We have built strong relationships with local schools and students and deliver youth projects that support young people and their families through informal education. Our multi-sports programme offers young people a safe and inclusive space to build resilience, confidence, and teamwork, while also addressing mental health and wellbeing.

Consultation with stakeholders

There are meetings to discuss our progress and ways forward on a quarterly basis. All directors are informed and kept up to date with any information they may need to know about

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
18 September 2025

And signed on behalf of the board by:
Name: Mike Edwards
Status: Director