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Company limited by guarantee

Company Registration Number:
04549009 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

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Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

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Directors' report period ended 31 March 2024

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

Principal activities of the company

Membership and training and consultancy services



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Will Smith
Claudine Adeyemi
Sarah Churchman
Ian Adams
Tom Berry
Richard Kramer
Shelley Portet


The director shown below has held office during the period of
1 April 2023 to 4 November 2023

Darra Singh


Secretary Jigna Gajarawala

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
26 November 2024

And signed on behalf of the board by:
Name: Will Smith
Status: Director

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Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 1,939,580 1,897,208
Gross profit(or loss): 1,939,580 1,897,208
Administrative expenses: ( 1,860,482 ) ( 1,692,074 )
Operating profit(or loss): 79,098 205,134
Profit(or loss) before tax: 79,098 205,134
Profit(or loss) for the financial year: 79,098 205,134

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Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets: 3 33,475 43,775
Tangible assets: 4 11,059 14,828
Total fixed assets: 44,534 58,603
Current assets
Debtors: 5 356,902 509,536
Cash at bank and in hand: 2,103,474 1,939,194
Total current assets: 2,460,376 2,448,730
Prepayments and accrued income: 64,692 45,818
Creditors: amounts falling due within one year: 6 ( 257,374 ) ( 221,310 )
Net current assets (liabilities): 2,267,694 2,273,238
Total assets less current liabilities: 2,312,228 2,331,841
Accruals and deferred income: ( 1,060,586 ) ( 1,159,297 )
Total net assets (liabilities): 1,251,642 1,172,544
Members' funds
Profit and loss account: 1,251,642 1,172,544
Total members' funds: 1,251,642 1,172,544

The notes form part of these financial statements

EMPLOYERS NETWORK FOR EQUALITY & INCLUSION

Balance sheet statements

For the year ending 31 March 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.

This report was approved by the board of directors on 26 November 2024
and signed on behalf of the board by:

Name: Will Smith
Status: Director

The notes form part of these financial statements

EMPLOYERS NETWORK FOR EQUALITY & INCLUSION

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    Fixtures, fittings and equipment - 33% straight line

    Intangible fixed assets amortisation policy

    Website - 20% straight line

    Other accounting policies

    Financial Instruments, Income, Expenditure, Pension Benefits, Operating Leases, Taxation, Critial accounting estimates and areas of judgement

EMPLOYERS NETWORK FOR EQUALITY & INCLUSION

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 20 18

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Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 51,500 51,500
Additions 0 0
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2024 51,500 51,500
Amortisation
At 1 April 2023 7,725 7,725
Charge for year 10,300 10,300
On disposals 0 0
Other adjustments 0 0
At 31 March 2024 18,025 18,025
Net book value
At 31 March 2024 33,475 33,475
At 31 March 2023 43,775 43,775

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Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 28,533 28,533
Additions 9,368 9,368
Disposals 0 0
Revaluations 0 0
Transfers 0 0
At 31 March 2024 37,901 37,901
Depreciation
At 1 April 2023 13,705 13,705
Charge for year 13,137 13,137
On disposals 0 0
Other adjustments 0 0
At 31 March 2024 26,842 26,842
Net book value
At 31 March 2024 11,059 11,059
At 31 March 2023 14,828 14,828

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Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 356,902 509,536
Total 356,902 509,536

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Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 117,436 104,616
Taxation and social security 133,742 110,686
Other creditors 6,196 6,008
Total 257,374 221,310