for the Period Ended 31 January 2023
Directors report | |
Profit and loss | |
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 January 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 February 2022 to 31 January 2023
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
for the Period Ended
2023 | 2022 | |
---|---|---|
| £ | £ |
Turnover: | | |
Gross profit(or loss): | | |
Administrative expenses: | ( | ( |
Operating profit(or loss): | ( | |
Profit(or loss) before tax: | ( | |
Tax: | | ( |
Profit(or loss) for the financial year: | ( | |
As at
Notes | 2023 | 2022 | |
---|---|---|---|
| £ | £ | |
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 | ( | |
Provision for liabilities: | ( | ( | |
Total net assets (liabilities): | ( | | |
Members' funds | |||
Profit and loss account: | ( | | |
Total members' funds: | ( | |
The notes form part of these financial 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
for the Period Ended 31 January 2023
Basis of measurement and preparation
for the Period Ended 31 January 2023
2023 | 2022 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 31 January 2023
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
---|---|---|---|---|---|---|
Cost | £ | £ | £ | £ | £ | £ |
At 1 February 2022 | | | | |||
Additions | | | | |||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 January 2023 | | | | |||
Depreciation | ||||||
At 1 February 2022 | | | | |||
Charge for year | | | | |||
On disposals | ||||||
Other adjustments | ||||||
At 31 January 2023 | | | | |||
Net book value | ||||||
At 31 January 2023 | | | | |||
At 31 January 2022 | | | |
for the Period Ended 31 January 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade debtors | | |
Prepayments and accrued income | | |
Other debtors | | |
Total | | |
for the Period Ended 31 January 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Trade creditors | | |
Taxation and social security | | |
Accruals and deferred income | | |
Other creditors | | |
Total | | |
for the Period Ended 31 January 2023
2023 | 2022 | |
---|---|---|
£ | £ | |
Other creditors | | |
Total | | |
The principal activity of Learnest CIC is to provide workshops, training, and development opportunities for LGBTQ+ people across the UK. We deliver various commercial services/contracts that support our clients in building more inclusive workplaces. We use the profits from our commercial work, together with funding from our Grant Funders, to deliver programs that directly benefit the LGBTQ+ Community. This financial year, we have focussed on delivering community-facing projects funded via grant funding. We have developed our delivery model to focus more on in-person delivery. In August 2022, we secured and began to build an LGBTQ+ community centre in Wakefield, West Yorkshire, along with continuing to deliver our online Mentoring and Advocacy programmes to LGBTQ+ people across the UK.With support from our funders, we have delivered 12 one-to-one intensive mentoring relationships for LGBTQ+ people to receive specialist, peer-led coaching focusing on developing skills and confidence and launched an advocacy programme for trans and non-binary people where we supported 28 people dealing with hardship. We also delivered several events and workshops at our community space. We had 1232 LGBTQ+ people attend our in-person events and access our services throughout 2022-23.
We gather feedback from our stakeholders, both our commercial clients and the LGBTQ+ community, wherever possible, usually at the end of every intervention, workshop, or event.We also conduct an annual community survey to gather the thoughts and wishes of our main beneficiary group, the LGBTQ+ community. Since we launched in 2019, many people we work with have told us that the absence of sober LGBTQ+ spaces and venues for communities to come together in person is one of the biggest challenges our communitiesface, resulting in high levels of loneliness and isolation.In response to this feedback, in August 2022, after 6 months of planning and fundraising, we opened ‘Our House’ the new LGBTQ+ centre in Wakefield, West Yorkshire, where many of our service users live. This venture supports approximately 2000+ per year people from thelocal community (and those visiting the area) to build skills and create opportunities to come together.In response to feedback from the LGBTQ+ people we work with, we designed and launched a new peer-led Advocacy service in 2022. This service supports Trans and Non-binary people with the challenges they experience in Employment settings and their wider lives.
Our director Louie Faro was paid through payroll. Our other directors did not receive any renumeration in this financial year. There were no other transactions or arrangements in connection with remuneration of directors, or compensation for director's 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
28 September 2023
And signed on behalf of the board by:
Name: Louie Daniel Faro
Status: Director