MALUSI CIC

Company limited by guarantee

Company Registration Number:
14766704 (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

MALUSI CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

MALUSI CIC

Profit And Loss Account

for the Period Ended 31 March 2025

2025 2024


£

£
Turnover: 3,972
Gross profit(or loss): 3,972
Administrative expenses: ( 1,036 ) ( 2,367 )
Operating profit(or loss): (1,036) 1,605
Profit(or loss) before tax: (1,036) 1,605
Tax: ( 306 )
Profit(or loss) for the financial year: (1,036) 1,299

MALUSI CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 1,527 2,620
Total current assets: 1,527 2,620
Creditors: amounts falling due within one year: 3 ( 306 )
Net current assets (liabilities): 1,527 2,314
Total assets less current liabilities: 1,527 2,314
Creditors: amounts falling due after more than one year: 4 ( 1,263 ) ( 1,014 )
Total net assets (liabilities): 264 1,300
Members' funds
Profit and loss account: 264 1,300
Total members' funds: 264 1,300

The notes form part of these financial statements

MALUSI CIC

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 20 December 2025
and signed on behalf of the board by:

Name: Tanaka Natasha ADEYEMO
Status: Director

The notes form part of these financial statements

MALUSI CIC

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

MALUSI CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 3 3

MALUSI CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Creditors: amounts falling due within one year note

  2024
  £
Taxation and social security 306
Total   306

MALUSI CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due after more than one year note

2025 2024
£ £
Other creditors 1,263 1,014
Total 1,263 1,014

COMMUNITY INTEREST ANNUAL REPORT

MALUSI CIC

Company Number: 14766704 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

Company activities and impact. During the financial year, our CIC launched a targeted intervention project aimed at supporting young boys at risk of youth violence, guiding them towards positive life choices through engagement with their personal interests, such as music, football, fitness, etc. The programme began with three participants, each facing unique challenges but united by a need for constructive support and mentorship. Intensive Support and Personalised Engagement From the outset, our team invested considerable time and energy in building trust and rapport with the boys. We tailored our approach to their individual interests, recognising that meaningful engagement is most effective when it resonates personally. For one participant, this meant supporting an application to join the army - a process that required encouragement, practical guidance, and emotional support. For the other two, we facilitated connections with a respected music producer in Manchester, opening doors to professional opportunities in the music industry, including potential label support, marketing, social media training, and access to studio time. Positive Outcomes and Measurable Progress The impact of our intervention was evident in the boys’ progress. One successfully applied to the army, demonstrating increased confidence and a clear sense of direction. The other two, while initially on track for a music industry breakthrough, benefited from exposure to professional environments and developed valuable skills in teamwork, communication, and self-expression. Although one boy’s opportunity in music did not materialise due to academic setbacks and parental concerns, the experience itself was transformative. All three boys are now engaged in positive pursuits, either in education or the armed forces, reflecting a significant shift from their initial risk profiles. Navigating Unplanned Challenges Despite our best efforts, the project encountered unforeseen challenges, particularly regarding parental expectations and academic priorities. In one case, a parent’s decision to prioritise education over music led to a gradual reduction in the boy’s participation. Such developments, while disappointing, are a natural part of working with young people and their families. We responded by maintaining open communication and offering ongoing support, even as direct involvement lessened. Lasting Community Benefit Our work has had a tangible impact on the community. By intervening early and providing positive alternatives, we have helped reduce the risk of youth violence and contributed to the boys’ personal growth. The project has also strengthened relationships with local partners, including music professionals and educational institutions, laying the groundwork for future initiatives. IB expressed, “I never thought I’d have a chance to work with a real music producer. It made me believe I could do something good with my music.” Another participant reflected, “Having someone to talk to who understands what I’m interested in made a big difference. I feel like I have more options now.” Reflection and Commitment This years’ experience has reinforced our commitment to supporting at-risk youth, while highlighting the importance of flexibility and family engagement. We remain dedicated to adapting our approach, learning from challenges, and celebrating every step of progress however incremental in our mission to create safer, more supportive communities.

Consultation with stakeholders

Stakeholder Consultation Our stakeholders include the young people and their families who participate in our programmes, community partners, music industry professionals, and local authorities. How Stakeholders Have Been Consulted Stakeholder engagement has taken place through a combination of direct communication, informal feedback, and collaborative activities. For example, we have maintained ongoing dialogue with parents and guardians to ensure our interventions align with family priorities. We have also worked closely with music professionals and educational partners to create opportunities for the boys and to address any challenges as they arise. While there is evidence of email correspondence with external partners regarding project roles and expectations, formal stakeholder consultation meetings have not been explicitly documented in the available records. Actions Taken in Response to Feedback Feedback from stakeholders, particularly parents has directly influenced the direction of our interventions. For instance, when a parent expressed concern about balancing music opportunities with academic priorities, we adapted our approach to support the young person’s educational needs. We have also responded to feedback from community partners by strengthening our collaboration with local institutions and adjusting our support strategies to better meet the needs of participants.

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
20 December 2025

And signed on behalf of the board by:
Name: Tanaka Natasha ADEYEMO
Status: Director