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# INSIDE SUCCESS UNION C.I.C.

## Company limited by guarantee

## Company Registration Number:
10174759 (England and Wales)

## Unaudited statutory accounts for the year ended 31 May 2025

## Period of accounts

## Start date: 1 June 2024

## End date: 31 May 2025

# INSIDE SUCCESS UNION C.I.C.

## Contents of the Financial Statements

for the Period Ended 31 May 2025

Directors report |
Balance sheet |
Additional notes |
Balance sheet notes |
Community Interest Report |

# INSIDE SUCCESS UNION C.I.C.

Directors' report period ended 31 May 2025

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

Principal activities of the company

The company's principal activity during the year continued to be other education not elsewhere classified.

Directors

The directors shown below have held office during the whole of the period from
1 June 2024 to 31 May 2025

Darren Olawale
David Sonowo

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
30 April 2026

And signed on behalf of the board by:
Name: Darren Olawale
Status: Director

# INSIDE SUCCESS UNION C.I.C.

## Balance sheet

As at 31 May 2025

| Notes | 2025 | 2024
--- | --- | --- | ---
|  | £ | £
Fixed assets
Tangible assets: | 3 | 1,703 | 4,263
Total fixed assets: |  | 1,703 | 4,263
Current assets
Stocks: | 4 | 231,415 |
Cash at bank and in hand: |  | 20,206 | 170,232
Total current assets: |  | 251,621 | 170,232
Creditors: amounts falling due within one year: | 5 | ( 170,101 ) | ( 134,068 )
Net current assets (liabilities): |  | 81,520 | 36,164
Total assets less current liabilities: |  | 83,223 | 40,427
Total net assets (liabilities): |  | 83,223 | 40,427
Members' funds
Profit and loss account: |  | 83,223 | 40,427
Total members' funds: |  | 83,223 | 40,427

The notes form part of these financial statements

# INSIDE SUCCESS UNION C.I.C.

## Balance sheet statements

For the year ending 31 May 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 30 April 2026
and signed on behalf of the board by:

Name: Darren Olawale
Status: Director

The notes form part of these financial statements

# INSIDE SUCCESS UNION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 May 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

  Tangible fixed assets depreciation policy

  20%

# INSIDE SUCCESS UNION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 May 2025

- ## 2. Employees

  | 2025 | 2024
  --- | --- | ---
  Average number of employees during the period | 240 | 240

# INSIDE SUCCESS UNION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 3. Tangible assets

| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total
--- | --- | --- | --- | --- | --- | ---
Cost | £ | £ | £ | £ | £ | £
At 1 June 2024 |  |  |  | 13,383 |  | 13,383
Additions |  |  |  |  |  |
Disposals |  |  |  |  |  |
Revaluations |  |  |  |  |  |
Transfers |  |  |  |  |  |
At 31 May 2025 |  |  |  | 13,383 |  | 13,383
Depreciation |  |  |  |  |  |
At 1 June 2024 |  |  |  | 9,120 |  | 9,120
Charge for year |  |  |  | 2,560 |  | 2,560
On disposals |  |  |  |  |  |
Other adjustments |  |  |  |  |  |
At 31 May 2025 |  |  |  | 11,680 |  | 11,680
Net book value |  |  |  |  |  |
At 31 May 2025 |  |  |  | 1,703 |  | 1,703
At 31 May 2024 |  |  |  | 4,263 |  | 4,263

# INSIDE SUCCESS UNION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 4. Stocks

| 2025 | 2024
--- | --- | ---
| £ | £
Stocks | 231,415 |
Total | 231,415

# INSIDE SUCCESS UNION C.I.C.

## Notes to the Financial Statements

for the Period Ended 31 May 2025

## 5. Creditors: amounts falling due within one year note

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 170,101 | 134,068
Total | 170,101 | 134,068

# COMMUNITY INTEREST ANNUAL REPORT

### INSIDE SUCCESS UNION C.I.C.

### Company Number: 10174759 (England and Wales)

### Year Ending: 31 May 2025

Company activities and impact

Community Benefit Report – Inside Success Union CIC During the financial year, Inside Success Union CIC continued to deliver activities aimed at improving employment, skills development, and social mobility for young people and members of the local community. Youth Vendor Employment Programme The organisation operated its Youth Vendor Employment Programme, providing young people with opportunities to gain paid work experience, develop communication and sales skills, improve confidence, and build workplace readiness. Participants were supported through structured work placements where they engaged with the public, promoted community initiatives, and developed transferable skills that can be applied to future employment opportunities. Recruitment and Employment Opportunities Inside Success Union CIC created and supported a range of employment opportunities including Youth Vendor, Team Leader, Recruitment, and Administrative roles. These positions enabled individuals to gain practical workplace experience, develop leadership and management skills, and increase their employability. Team Leaders received additional responsibility for supervising and mentoring others, while administrative and recruitment roles provided valuable experience in office-based and organisational functions. Training and Skills Development The organisation delivered a variety of training services through both live and recorded online webinars. These sessions covered employability, personal development, financial literacy, entrepreneurship, communication skills, and career progression. By making training available online, participants were able to access learning opportunities flexibly regardless of their location or personal circumstances. Community Impact Through its employment, leadership, and training programmes, Inside Success Union CIC has helped individuals develop practical skills, increase confidence, access work opportunities, and improve their future career prospects. These activities have contributed to the CIC’s mission of supporting young people and members of the community to achieve greater economic independence, personal development, and social inclusion.

Consultation with stakeholders

No consultation with stakeholders

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
30 April 2026

And signed on behalf of the board by:
Name: Darren Olawale
Status: Director