SOCIAL EQUITY CENTRE CIC

Company limited by guarantee

Company Registration Number:
15029573 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 26 July 2023

End date: 31 July 2024

SOCIAL EQUITY CENTRE CIC

Contents of the Financial Statements

for the Period Ended 31 July 2024

Directors report
Balance sheet
Additional notes
Community Interest Report

SOCIAL EQUITY CENTRE CIC

Directors' report period ended 31 July 2024

The directors present their report with the financial statements of the company for the period ended 31 July 2024

Principal activities of the company

The Social Equity Centre CIC focuses on empowering marginalised communities, particularly migrants, by providing them with the tools and knowledge necessary to access public sector opportunities in the UK. Through targeted training sessions and long-term research initiatives, the organisation seeks to promote equality, diversity, and inclusion (ED&I) within public sector employment. Their activities include delivering training programmes that equip first-generation migrants with the skills and understanding required to navigate the public sector job market. Additionally, they conduct research into ED&I practices within the public sector, using these insights to design and offer comprehensive training. This supports migrants in understanding not only how to apply for public sector roles, but also what it means to work in such organisations, fostering greater integration and opportunity for underrepresented groups. To ensure ongoing accountability and inclusivity, the Social Equity Centre CIC has established an Equity Advisory Board. This body provides expert guidance to help the organisation maintain a focus on social justice and fairness in all its activities



Directors

The director shown below has held office during the period of
27 July 2023 to 31 July 2024

Teodora Valeria Benea


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
9 October 2024

And signed on behalf of the board by:
Name: Teodora Valeria Benea
Status: Director

SOCIAL EQUITY CENTRE CIC

Balance sheet

As at 31 July 2024

Notes 2024


£
Current assets
Cash at bank and in hand: 45,872
Total current assets: 45,872
Net current assets (liabilities): 45,872
Total assets less current liabilities: 45,872
Total net assets (liabilities): 45,872
Members' funds
Profit and loss account: 45,872
Total members' funds: 45,872

The notes form part of these financial statements

SOCIAL EQUITY CENTRE CIC

Balance sheet statements

For the year ending 31 July 2024 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 9 October 2024
and signed on behalf of the board by:

Name: Teodora Valeria Benea
Status: Director

The notes form part of these financial statements

SOCIAL EQUITY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 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

SOCIAL EQUITY CENTRE CIC

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024
    Average number of employees during the period 0

COMMUNITY INTEREST ANNUAL REPORT

SOCIAL EQUITY CENTRE CIC

Company Number: 15029573 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

The Social Equity Centre CIC focuses on empowering marginalised communities, particularly migrants, by providing them with the tools and knowledge necessary to access public sector opportunities in the UK. Through targeted training sessions and long-term research initiatives, the organisation seeks to promote equality, diversity, and inclusion (ED&I) within public sector employment. Their activities include delivering training programmes that equip first-generation migrants with the skills and understanding required to navigate the public sector job market. Additionally, they conduct research into ED&I practices within the public sector, using these insights to design and offer comprehensive training. This supports migrants in understanding not only how to apply for public sector roles, but also what it means to work in such organisations, fostering greater integration and opportunity for underrepresented groups Social Equity Centre CIC secured two grants in the financial year 2023/24: - National Lottery Awards for All grant which helped fund a project on Public Sector Leadership which consisted of 3 training sessions delivered to migrants in the UK on how to apply for jobs in the public sector - Paul Hamlyn Foundation 3-year grant to run a research activity looking at ED&I and public sector workforce and designing a comprehensive training for first generation migrants to the UK on what working in the public sector means and how to access work opportunities within public sector organisations Before the end of the financial year, an Equity Advisory Board was setup to help guide the organisation in being more inclusive and accountable.

Consultation with stakeholders

Our stakeholders are: first-generation migrants, public sector organisations, other third sector organisations. The feedback received to date from beneficiaries indicated that our activities are very relevant and unique. The people attending our sessions have fed back stating this was the first time anyone has talked to them about these issues. They felt more confident when looking for and applying for roles in public sector organisations. This will help achieve our aim: bringing more diverse voices into policy making by helping people access work opportunities in the public sector, with a focus on community infrastructure roles. Our regular surveys and evaluation & monitoring are key tools for involving stakeholders in shaping our services. We are also supported by our Equity Advisory Board advising us on how to become more inclusive.

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
9 October 2024

And signed on behalf of the board by:
Name: Teodora Valeria Benea
Status: Director