TRASH GXNG ACADEMY C.I.C.

Company limited by guarantee

Company Registration Number:
14574154 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2026

Period of accounts

Start date: 1 February 2025

End date: 31 January 2026

TRASH GXNG ACADEMY C.I.C.

Contents of the Financial Statements

for the Period Ended 31 January 2026

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

TRASH GXNG ACADEMY C.I.C.

Directors' report period ended 31 January 2026

The directors present their report with the financial statements of the company for the period ended 31 January 2026

Principal activities of the company

Principal activity of the company during the financial year was of education support services.



Directors

The directors shown below have held office during the whole of the period from
1 February 2025 to 31 January 2026

Emmanuel Adesina
Ruth Ofori-Danso
Rilwan Raji


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
17 August 2026

And signed on behalf of the board by:
Name: Emmanuel Adesina
Status: Director

TRASH GXNG ACADEMY C.I.C.

Profit And Loss Account

for the Period Ended 31 January 2026

2026 2025


£

£
Turnover: 900 26,538
Cost of sales: ( 39,143 ) ( 18,512 )
Gross profit(or loss): (38,243) 8,026
Distribution costs: 0 0
Administrative expenses: ( 52,961 ) ( 5,756 )
Other operating income: 115,719 0
Operating profit(or loss): 24,515 2,270
Interest receivable and similar income: 182 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 24,697 2,270
Tax: ( 4,089 ) 0
Profit(or loss) for the financial year: 20,608 2,270

TRASH GXNG ACADEMY C.I.C.

Balance sheet

As at 31 January 2026

Notes 2026 2025


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 6,974 3,799
Investments:   0 0
Total fixed assets: 6,974 3,799
Current assets
Stocks:   0 0
Debtors: 4 0 1
Cash at bank and in hand: 102,044 32,613
Investments:   0 0
Total current assets: 102,044 32,614
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 80,341 ) ( 28,344 )
Net current assets (liabilities): 21,703 4,270
Total assets less current liabilities: 28,677 8,069
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 28,677 8,069
Members' funds
Profit and loss account: 28,677 8,069
Total members' funds: 28,677 8,069

The notes form part of these financial statements

TRASH GXNG ACADEMY C.I.C.

Balance sheet statements

For the year ending 31 January 2026 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 17 August 2026
and signed on behalf of the board by:

Name: Emmanuel Adesina
Status: Director

The notes form part of these financial statements

TRASH GXNG ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 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

    Turnover policy

    Turnover represents income from the provision of services and is recognised when the services have been provided. Grant income is recognised in accordance with the accruals concept and is credited to the profit and loss account in the period to which the related expenditure is incurred. Grant income received in advance of the related expenditure is included within deferred income.

    Tangible fixed assets depreciation policy

    Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Fixtures and Fittings 4 Years Straight Line Computer Equipment 4 Years Straight Line

TRASH GXNG ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

  • 2. Employees

    2026 2025
    Average number of employees during the period 8 0

TRASH GXNG ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2025 0 0 0 5,114 0 5,114
Additions 0 0 2,024 2,584 0 4,608
Disposals 0 0 0 0 0 0
Revaluations 0 0 0 0 0 0
Transfers 0 0 0 0 0 0
At 31 January 2026 0 0 2,024 7,698 0 9,722
Depreciation
At 1 February 2025 0 0 0 1,315 0 1,315
Charge for year 0 0 16 1,417 0 1,433
On disposals 0 0 0 0 0 0
Other adjustments 0 0 0 0 0 0
At 31 January 2026 0 0 16 2,732 0 2,748
Net book value
At 31 January 2026 0 0 2,008 4,966 0 6,974
At 31 January 2025 0 0 0 3,799 0 3,799

TRASH GXNG ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

4. Debtors

2026 2025
£ £
Trade debtors 0 0
Prepayments and accrued income 0 0
Other debtors 0 1
Total 0 1
Debtors due after more than one year: 0 0

TRASH GXNG ACADEMY C.I.C.

Notes to the Financial Statements

for the Period Ended 31 January 2026

5. Creditors: amounts falling due within one year note

2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 33 0
Taxation and social security 4,077 0
Accruals and deferred income 73,240 26,820
Other creditors 2,991 1,524
Total 80,341 28,344

Deferred Grants Deferred grants of £72,520 (2025: £26,100) relate to funding received from local authority and charitable funders in support of employment, training, and creative programme activities for young people. Income is deferred where cash has been received in advance of the related performance conditions being met, principally the delivery of agreed project activities and achievement of participation targets. These amounts are expected to be released to income within the twelve months following the balance sheet date, as the underlying programmes are delivered.

COMMUNITY INTEREST ANNUAL REPORT

TRASH GXNG ACADEMY C.I.C.

Company Number: 14574154 (England and Wales)

Year Ending: 31 January 2026

Company activities and impact

Trash Gxng Academy C.I.C runs creative programmes for underrepresented young people aged 16–25, using fashion, design and creative education as tools to build confidence, develop employability skills and provide young people with an authentic platform to express their voices. We support young people facing barriers including lower socio-economic circumstances, unemployment, mental health challenges, disabilities, and social exclusion. Through our creative programmes, we provide a safe and inclusive environment where young people can develop skills, explore their identities and take ownership of their future pathways. For the period 2025-26, we have: Delivered x3 creative youth development programmes: National Lottery Identify You Creative Programme (IYCP) Cohort 1, NEXTUS Lambeth IYCP, and National Lottery Identify You Creative Programme (IYCP) Cohort 2. Through these programmes, we delivered 20+ creative and employability workshops, engaging and supporting 45+ young people across London. These sessions focused on developing key skills including communication, leadership, teamwork, problem-solving, confidence and workplace readiness. Supported young people to overcome barriers to employment, education and wider participation in society through our Identify You Creative Programme. Across our programmes: 92% of young people reported increased confidence and belief in themselves. 81% believed they would have greater job opportunities as a result of the skills and knowledge gained through Trash Gxng Academy C.I.C. 92% felt more confident applying for jobs and attending job interviews. 95% reported that they can now communicate effectively within a workplace environment. 95% stated they know how to flourish within a team environment towards a shared goal. 82% felt more confident stepping into leadership opportunities. Created safe spaces for young people to express themselves, share their experiences and feel heard. 98% of participants reported that Trash Gxng Academy C.I.C provided a safe space for self-expression, with 100% of participants within our National Lottery IYCP Cohort 1 reporting that they felt they had a voice and that their voice was heard. Within our National Lottery IYCP Cohort 2, there was a 100% increase in young people feeling that their voice is valued and heard. Continued to prioritise young people experiencing disadvantage and systemic barriers. Across the programmes delivered during this period, 89% of participants were from ethnic minority communities and 30% identified as having additional needs, including mental health challenges, disabilities or SEND. Our programmes also supported young people experiencing unemployment, with 100% of participants within the NEXTUS Lambeth programme being NEET and 89% of participants within National Lottery IYCP Cohort 2 identifying as unemployed. Delivered targeted support through our individual programmes, including: National Lottery IYCP Cohort 1, where 100% of participants reported improved confidence presenting professional information to groups and successfully learning conflict resolution skills. NEXTUS Lambeth IYCP, where 96% of young people reported improved adaptability and problem-solving skills, and 96% reported knowing how to flourish within a team environment. National Lottery IYCP Cohort 2, where there was a 133% increase in young people feeling confident stepping into leadership roles, alongside 100% of participants reporting improved workplace communication and teamwork skills. Through our work in 2025, Trash Gxng Academy C.I.C has continued to advance education, skills development and employability opportunities for young people who face barriers to progression. By combining creative expression with practical workplace skills, we have empowered young people to build confidence, develop their talents and make informed decisions about their futures.

Consultation with stakeholders

Our stakeholders include the young people we support through our creative programmes, our Advisory Board members who provide guidance and challenge to our organisation, and the wider network of partners and organisations that support our delivery. Our young people are consulted through feedback surveys following engagement with our workshops and programme activities. This allows us to understand their experiences, measure the impact of our programmes, and identify areas for continued improvement. In 2025, feedback from our young people demonstrated the positive impact of our work, with 98% of participants reporting that Trash Gxng Academy C.I.C provided a safe space to express themselves, 92% reporting increased confidence and belief in themselves, and 95% stating that the skills and knowledge gained through Trash Gxng Academy C.I.C are important to share with more young people. Feedback also showed that 92% of young people felt more confident applying for jobs and attending interviews, supporting our continued focus on developing employability skills. We continue to work with our young people and make use of this direct feedback to shape our programme delivery, ensuring that our activities remain relevant to the needs of the young people we serve. As a result, we have continued to focus on providing a safe creative environment alongside developing key skills such as communication, teamwork, leadership and workplace readiness. Our Advisory Board consists of experienced professionals who support and challenge the organisation’s direction (organisations such as Apple, Lloyds Bank, local secondary schools), alongside young advisors who provide insight from the perspective of the communities we serve. Advisory Board members are consulted through meetings and ongoing communication regarding organisational developments, projects and strategic decisions. Our Advisory Board continues to support and challenge Trash Gxng Academy C.I.C’s direction, providing valuable guidance on our programmes and wider organisational development. During 2025, we held an in-person advisory board meeting and one online Advisory Board meeting and continued to engage members through email correspondence, where updates were shared and questions were discussed. Through ongoing consultation with our stakeholders, Trash Gxng Academy C.I.C continues to ensure that its programmes are informed by the experiences of young people and supported by the expertise of our wider network.

Directors' remuneration

The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £25,200. There were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors’ loss of office, which require disclosure.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 August 2026

And signed on behalf of the board by:
Name: Emmanuel Adesina
Status: Director