BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Company limited by guarantee
Company Registration Number:
08584240 (England and Wales)
Unaudited statutory accounts for the year ended 31 October 2022
Period of accounts
Start date: 1 November 2021
End date: 31 October 2022
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Contents of the Financial Statements
for the Period Ended 31 October 2022
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 October 2022
Directors
The directors shown below have held office during the whole of the period from
1 November 2021 to 31 October 2022
The director shown below has held office during the whole of the period from
1 November 2021 to 31 October 2022
The director shown below has held office during the period of
1 November 2021 to 15 September 2022
The director shown below has held office during the period of
1 November 2021 to 11 April 2022
The director shown below has held office during the period of
15 September 2022 to 31 October 2022
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
And signed on behalf of the board by:
Name:
Status: Director
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Profit And Loss Account
for the Period Ended
2022 | 2021 | |
---|---|---|
| £ | £ |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | |
Profit(or loss) before tax: | | |
Tax: | ( | ( |
Profit(or loss) for the financial year: | | |
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Balance sheet
As at
Notes | 2022 | 2021 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Tangible assets: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | 4 | | |
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 5 | ( | ( |
Net current assets (liabilities): | | | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 6 | ( | ( |
Total net assets (liabilities): | | | |
Members' funds | |||
Profit and loss account: | | | |
Total members' funds: | | |
The notes form part of these financial statements
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Balance sheet statements
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
-
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
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:Leasehold Property 20% straight linePlant & machinery 20% straight line
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
-
2. Employees
2022 2021 Average number of employees during the period 17 16
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
3. Tangible assets
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 November 2021 | | | | | ||
Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 October 2022 | | | | | ||
Depreciation | ||||||
At 1 November 2021 | | | | | ||
Charge for year | | | | | ||
On disposals | ||||||
Other adjustments | ||||||
At 31 October 2022 | | | | | ||
Net book value | ||||||
At 31 October 2022 | | | | | ||
At 31 October 2021 | | | | |
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
4. Debtors
2022 | 2021 | |
---|---|---|
£ | £ | |
Other debtors | | |
Total | | |
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
5. Creditors: amounts falling due within one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Taxation and social security | | |
Accruals and deferred income | | |
Total | | |
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Notes to the Financial Statements
for the Period Ended 31 October 2022
6. Creditors: amounts falling due after more than one year note
2022 | 2021 | |
---|---|---|
£ | £ | |
Bank loans and overdrafts | | |
Other creditors | | |
Total | | |
COMMUNITY INTEREST ANNUAL REPORT
BABBASA YOUTH EMPOWERMENT PROJECTS C.I.C.
Company Number: 08584240 (England and Wales)
Year Ending: 31 October 2022
In 2021-22 Babbasa engaged with 3235 young people through our outreach activities and directly supported 360 young people who enrolled on core programmes, over 70% from ethnic minority backgrounds. With our support, 239 young people became economically active, 101 moved into employment, 10 moved into education or training and 22 into enterprise. In 2022 Babbasa was also awarded Bristol Live Awards Diversity and Inclusion Award.The Support Programme works with young people who face multiple or complex challenges. In addition to the more common barriers to employment, many of the young people on our Support Programme face mental health, self-confidence and family-related challenges. The Support Programme provides intensive and personalised one-to-one and group support for participants to develop relevant coping strategies. It also supports them to access mental health, welfare and other specialist support, where required. In 2021/22, Babbasa supported 196 young people through group activities and 38 through one-to-one support. The Challenge Programme is aimed at aspiring young people with limited knowledge about career options, or access to professional networks, but a desire to make a positive difference in their community, while developing their professional and leadership skills. This programme provides participants, called Youth Ambassadors, with skills training, experiential challenges and professional mentors to develop employment-focused soft skills, confidence and understanding of the workplace. In 2021/22, Babbasa supported 24 Youth Ambassadors.The Placement Programme supports young people from underrepresented backgrounds to help prepare them for the world of work. Through it, Babbasa also works with organisations within Bristol across all sectors to create and fill opportunities for young people in the form of work experiences and insight days, building their networks and experience of work. As well as building their professional networks, the programme also provides CV, application and interview support to help young people secure opportunities. In 2021/22, Babbasa supported 165 young people to secure work and placement opportunities in companies such as Five Mile Films, DigiLocal, Quirky Campers, Clarkebond, Forrest Brown, Avon Fire and Rescue, Bristol Beacon, Enviral and Our Media.The Mentoring Programme runs through-out the year, connecting our young people to relevant Equal Opportunity Ambassadors who have signed up to become mentors. The Babbasa team are then able to match young people with mentors in their desired industry, on a short-term or longer-term basis depending on the wishes of the young person being mentored. In 2021/22, 130 young people were supported through Babbasa’s mentoring programme, through 118 mentors.Over the year, increasing numbers of young people contacted us with interest in enterprise. To meet this need, Babbasa established an Enterprise Programme working with Opulence Growth. The programme engages and supports aspiring young social entrepreneurs through business support, mentoring, networking events and access to office space. It aims to help young people in building impactful social businesses that also contribute towards making Bristol’s economy more diverse and inclusive. In 2021/22 we worked with 22 aspiring young entrepreneurs.
Young peopleIn 2021-22 Babbasa attended and hosted 64 activities, including community meetings, school and town ‘pop-up’ stalls, careers fairs, and talks, to outreach to young people needing support and enrol them in our programmes. We also connected with communities through social media and door-to-door canvassing. Together, these activities helped us to reach over 3235 young people.Community PartnersWe know that we cannot achieve our ambitions alone and 2021/22 we worked to engage and deepen our connection with the work of other local community organisations. As a result, we developed and delivered a range of partnership projects. These included ‘Unlocked’ with ACH supporting young people’s skills development, a large door-to-door canvassing project with the Princes Trust to understand young people’s and community needs, ‘In Conversations’ events with the Black Professionals Network to raise awareness of workplace challenges and inclusion strategies, targeted youth and play work with Empire Fighting Change, Imayla, Eastside Community Trust, and Trinity Community Arts, and ‘Step Forward’ skills-development and mentoring support with Stepping Up. EmployersBabbasa’s Recruitment & Inclusion Service (BRIS) is designed to support employers to increase understanding of Equality, Diversity and Inclusion within their organisation in order to improve their inclusiveness, as well as improving the diversity of their workforces through improved recruitment and progression opportunities. In 2021-22, Babbasa engaged directly with 67 employers and education partners, gaining a detailed understanding of their recruitment and inclusion needs. It also engaged 90 Equal Opportunity Ambassadors (professional volunteers) to support young people through this engagement with employers.City Leaders, Corporate and Education PartnersIn 2020-21 Babbasa engaged city leaders, corporate and education partners, community organisations and young people to work together in a bold vision for social mobility and inclusive growth within Bristol – ‘OurCity2030’ (see: www.ourcity2030.com). The objective was adopted by the One City Office in the 2021 refresh of Bristol’s One City Plan. Through the next stages of the work, partners aim to lift individuals out of poverty, increase meaningful representation at the workplace and create a new generation of role models for society. The project will act as a catalyst for Bristol to become a model city with little or no gap in education, employment and opportunity access for ethnic minority young people. It will seek to make Bristol a world class model city for inclusive growth. In 2021-22, Babbasa partnered with Arup to undertake a substantial piece of research to provide a baseline analysis of the current position for young people, communities, employers, and education providers in Bristol. See: OurCity2030 Socio-Economic Analysis. Babbasa ran a series of round table discussions to involve these stakeholders, policy-makers and funders, in developing a shared understanding of the systemic challenge.
During the year these three directors received remuneration totalling £61,440.83 for their following roles. Mr P P Osei as Chief Executive OfficerMs J Kerridge as Engagement Manager/DirectorDr H Young as Operations Manager/DirectorThere were no other transactions or arrangements in connection with the remuneration of directors, or compensation for directors loss of office, which require to be disclosed.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 June 2023
And signed on behalf of the board by:
Name: Dr Hannah Margaret Young
Status: Director