YOUTH PWR INT'L CIC


YOUTH PWR INT'L CIC

Company Registration Number:
11914380 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2020

Period of accounts

Start date: 29 March 2019

End date: 31 March 2020

YOUTH PWR INT'L CIC

Contents of the Financial Statements

for the Period Ended 31 March 2020

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

YOUTH PWR INT'L CIC

Directors' report period ended 31 March 2020

The directors present their report with the financial statements of the company for the period ended 31 March 2020

Principal activities of the company

The company main activities during the year has been other social work activities without accommodation, support and training activities. Production and distribution of periodicals



Directors

The director shown below has held office during the whole of the period from
29 March 2019 to 31 March 2020

Adeola Onigbanjo


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
26 March 2021

And signed on behalf of the board by:
Name: Adeola Onigbanjo
Status: Director

YOUTH PWR INT'L CIC

Profit And Loss Account

for the Period Ended 31 March 2020

2020


£
Turnover: 31,750
Cost of sales: ( 24,242 )
Gross profit(or loss): 7,508
Distribution costs: ( 1,533 )
Administrative expenses: ( 8,967 )
Operating profit(or loss): (2,992)
Profit(or loss) before tax: (2,992)
Profit(or loss) for the financial year: (2,992)

YOUTH PWR INT'L CIC

Balance sheet

As at 31 March 2020

Notes 2020


£
Creditors: amounts falling due within one year: 3 ( 2,892 )
Net current assets (liabilities): (2,892)
Total assets less current liabilities: (2,892)
Total net assets (liabilities): (2,892)
Capital and reserves
Called up share capital: 100
Profit and loss account: (2,992 )
Total Shareholders' funds: ( 2,892 )

The notes form part of these financial statements

YOUTH PWR INT'L CIC

Balance sheet statements

For the year ending 31 March 2020 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 26 March 2021
and signed on behalf of the board by:

Name: Adeola Onigbanjo
Status: Director

The notes form part of these financial statements

YOUTH PWR INT'L CIC

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 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

YOUTH PWR INT'L CIC

Notes to the Financial Statements

for the Period Ended 31 March 2020

  • 2. Employees

    2020
    Average number of employees during the period 2

YOUTH PWR INT'L CIC

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Creditors: amounts falling due within one year note

2020
£
Bank loans and overdrafts 285
Other creditors 2,607
Total 2,892

COMMUNITY INTEREST ANNUAL REPORT

YOUTH PWR INT'L CIC

Company Number: 11914380 (England and Wales)

Year Ending: 31 March 2020

Company activities and impact

The activities of the company has benefited the community as the company was able to organise recreational and leisure time activities to its beneficiaries, which developed and improved their levels of personal and social responsibility, creating a friendly and inclusive environment where young people feel a sense of belonging, self-worth and personal satisfaction through participation and peer interaction.The company provided training support in areas such as IT, digital media as well as organising workshops to raise awareness of various subject matters that are related and are of interest to young people such as mental health, crime and youth violence, career and employability amongst others, thereby creating exciting experiences that will empower young people to do things far beyond what they think is possible, while deepening their own sense of empowerment, confidence, self-esteem.

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
26 March 2021

And signed on behalf of the board by:
Name: Adeola Onigbanjo
Status: Director