for the Period Ended 31 July 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 July 2023
Principal activities of the company
Additional information
Small company provisionsThis report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
Directors
The directors shown below have held office during the whole of the period from
1 August 2022 to 31 July 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 | |
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| £ | £ |
Turnover: | | |
Cost of sales: | | ( |
Gross profit(or loss): | | ( |
Administrative expenses: | ( | ( |
Operating profit(or loss): | | ( |
Interest receivable and similar income: | | |
Profit(or loss) before tax: | | ( |
Profit(or loss) for the financial year: | | ( |
As at
Notes | 2023 | 2022 | |
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| £ | £ | |
Current assets | |||
Cash at bank and in hand: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 3 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current 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 July 2023
Basis of measurement and preparation
Turnover policy
Other accounting policies
for the Period Ended 31 July 2023
2023 | 2022 | |
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Average number of employees during the period | | |
for the Period Ended 31 July 2023
2023 | 2022 | |
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£ | £ | |
Other creditors | | |
Total | | |
Write Out Loud began running poetry events in 2003, created its community poetry website in January 2005 and has operated as a CIC since 2015. Since its debut, the website – www.writeoutloud.net - has made a major contribution to the growth in interest in, the enjoyment of, and fulfilment from poetry among the general public in the UK, as well as more widely, and has a world-wide following.After a difficult period for our client communities in organising or attending physical, face-to-face activities during the Covid-19 pandemic, continuing into the period August 2021 – July 2022, Write Out Loud reduced its focus, concentrating on its main area of activity, the website, for undertaking its community functions, temporarily halting poetry events and workshops, and school-based activities to enable this focus. Those, with the exception of our long-standing Write Out Loud local events in Stockport, Wigan, Bolton, Woking and Sale, many of which are undertaken in partnership with the local authority.The website made a good recovery during this period, with a 41% increase in visits to the site, reflecting a 15% upturn in unique individuals using the site (compared with 2021/22).This was particularly true of those using our poetry Gig Guide which has continued to be the focus of technical website improvements during this period. Our Gig Guide seems still to be the only UK-wide listing of poetry events, offering an entry point for those new to writing poetry and/or sharing their work in public. The numbers are legion of people who have commenced reading their own work in public in one of our events or others listed with us, and who have gone on to develop their professional reputation, and sometimes a career, as a result of the Gig Guide.The Poetry Blogs – perhaps better described as our online poetry community - where users upload their own poems and discuss them with other community members is a thriving group of people, many of whom have been members for several years. We published 223 news and reviews articles, offering an array of information of interest and value to individuals wanting to further develop their skills and opportunities, whether in writing poetry, or performing it; and of interest to those providing opportunities to those individuals, such as publishers and event impresarios.Our reviews of poetry books and related media are also widely appreciated, with a number of poetry publishers and individual poets citing our reviews of their offerings as a means of enhancing their publications’ promotion. We also provide online messaging services to specific poetry groups to allow them to organise events and develop their own communities within the site.
The organisation stakeholders are its website users, individual, developing poet/performers, volunteers who provide content and run the website, volunteers who organise poetry events and those who attend them, as well as other organisations who provide services or information to individual poets, such as competition and educational opportunity organisers.We continue to receive feedback from website users and make improvements to the site. For example, in this period we improved the search facilities on the site and addressed issues accessing older blog entries.
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
15 February 2024
And signed on behalf of the board by:
Name: Paul Emberson
Status: Director