QUEERAF CIC

Company Registration Number:
13597567 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2023

Period of accounts

Start date: 1 October 2022

End date: 30 September 2023

QUEERAF CIC

Contents of the Financial Statements

for the Period Ended 30 September 2023

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

QUEERAF CIC

Directors' report period ended 30 September 2023

The directors present their report with the financial statements of the company for the period ended 30 September 2023

Directors

The directors shown below have held office during the whole of the period from
1 October 2022 to 30 September 2023

Jamie Wareham
John Wareham
David Young


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
20 October 2023

And signed on behalf of the board by:
Name: Jamie Wareham
Status: Director

QUEERAF CIC

Profit And Loss Account

for the Period Ended 30 September 2023

2023 13 months to 30 September 2022


£

£
Turnover: 21,264 11,824
Cost of sales: ( 6,878 ) ( 5,560 )
Gross profit(or loss): 14,386 6,264
Administrative expenses: ( 11,617 ) ( 2,839 )
Operating profit(or loss): 2,769 3,425
Profit(or loss) before tax: 2,769 3,425
Tax: ( 110 ) ( 651 )
Profit(or loss) for the financial year: 2,659 2,774

QUEERAF CIC

Balance sheet

As at 30 September 2023

Notes 2023 13 months to 30 September 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Tangible assets: 3 2,190 0
Total fixed assets: 2,190 0
Current assets
Cash at bank and in hand: 3,264 7,313
Total current assets: 3,264 7,313
Net current assets (liabilities): 3,264 7,313
Total assets less current liabilities: 5,454 7,313
Provision for liabilities: ( 179 ) ( 651 )
Accruals and deferred income: ( 2,742 ) ( 3,788 )
Total net assets (liabilities): 2,533 2,874
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,433 2,774
Total Shareholders' funds: 2,533 2,874

The notes form part of these financial statements

QUEERAF CIC

Balance sheet statements

For the year ending 30 September 2023 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 20 October 2023
and signed on behalf of the board by:

Name: Jamie Wareham
Status: Director

The notes form part of these financial statements

QUEERAF CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 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

QUEERAF CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

  • 2. Employees

    2023 13 months to 30 September 2022
    Average number of employees during the period 1 1

QUEERAF CIC

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 October 2022 0 0
Additions 2,486 2,486
Disposals
Revaluations
Transfers
At 30 September 2023 2,486 2,486
Depreciation
At 1 October 2022 0 0
Charge for year 296 296
On disposals
Other adjustments
At 30 September 2023 296 296
Net book value
At 30 September 2023 2,190 2,190
At 30 September 2022 0 0

COMMUNITY INTEREST ANNUAL REPORT

QUEERAF CIC

Company Number: 13597567 (England and Wales)

Year Ending: 30 September 2023

Company activities and impact

QueerAF is a community interest company that helps people understand the LGBTQIA+ world and supports queer creatives to change the media. We incorporated on Sep 1st 2021, and launched our newsletter and writing schemes to the public in January 2022. In the last year, we have worked with 39 LGBTQIA+ creatives. They’ve been provided with paid commissions, along with writing skills sessions and mentoring. Several writers felt much more confident after writing with us a number of times. This was clear from the very fact that their words, after a few sessions, needed far less feedback or sub-editing. After writing with us, several have received commissions from other publications, blogs and companies.Our podcast ‘What The Pox?’ was nominated in the prestigious ARIAS awards that recognise outstanding audio in the radio in the podcasting industry in the UK. It was recognised for being a community-driven, grassroots, social action initiative, campaign, and podcast series that engaged our audience in a positive way. Other notable milestones this year include; - Became the first LGBTQIA+ publisher to publish contributor data and spending amounts to the public as part of our mission to be transparent about how our media and publishing work happens - Continued our work with the LGBTQ+ Journalism Network on a series of content and helping them build a thriving network of queer media professionals. - Worked with The Love Tank CIC and the World Health Organisation to run MPOX-related online events. - Launched a partnership with Inclusive Journalism Cymru to run a dedicated series of think pieces as part of a unique set of Queer Gaze commissions which begin in November 2023. - Ran a successful crowdfunding and subsequent membership campaign to fund a team of queer creatives to run our editorial and social media output from November 2022 to February 2023 and September 2023. - Reached a membership base of 200 recurring paying members who fund our non-profit’s work.

Consultation with stakeholders

The stakeholders are the LGBTQIA+ community and, specifically, ‘QueerAF’ members of our publisher. We survey all new members of QueerAF to find out what kind of content they’d like to see commissioned by our not-for-profit publisher. Alongside regular surveys to our audience within our newsletter to get information, feedback and suggestions for future content, we also ran an annual survey campaign, which helped reshape our editorial output. We have met with over 20 different LGBTQIA+ and media organisations to develop relationships with the sector about our work in the last year. We have used these meetings to generate feedback and support for our work, so it is working towards the interests of the LGBTQIA+ community at large.For our writing and mentoring schemes, we survey each writer. Their input allowed us to regularly improve the brief and the session to make it better for writers from different backgrounds. We also asked them to rate our communication and the retrospective after the session in a form so they had more freedom to say what they felt. The writers ranked us on average 9.6/10 for our communication and the session itself 9.6/10. They find them useful, reassuring, and easy to do - with one writer describing the session as ‘like therapy, but for your writing’.

Directors' remuneration

The total amount paid or receivable by directors in respect of qualifying services was £7,500.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 October 2023

And signed on behalf of the board by:
Name: Jamie Wareham
Status: Director