for the Period Ended 31 March 2024
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 March 2024
Directors
The directors shown below have held office during the whole of the period from
1 April 2023
to
31 March 2024
The director shown below has held office during the period of
31 January 2024
to
31 March 2024
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
2024 | 2023 | |
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£ |
£ |
Turnover: |
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Cost of sales: |
(
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(
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Gross profit(or loss): |
( |
( |
Administrative expenses: |
(
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(
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Other operating income: |
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Operating profit(or loss): |
( |
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Profit(or loss) before tax: |
( |
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Profit(or loss) for the financial year: |
( |
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As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Current assets | |||
Debtors: | 3 |
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Cash at bank and in hand: |
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Total current assets: |
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Creditors: amounts falling due within one year: | 4 |
(
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(
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Net current assets (liabilities): |
( |
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Total assets less current liabilities: |
( |
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Total net assets (liabilities): |
( |
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Members' funds | |||
Profit and loss account: |
( |
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Total members' funds: |
( |
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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 March 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 March 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Prepayments and accrued income |
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Total |
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for the Period Ended 31 March 2024
2024 | 2023 | |
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£ | £ | |
Accruals and deferred income |
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Total |
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Inclusive Journalism Cymru is a network to connect, support and campaign for journalists and aspiring journalists historically marginalised or excluded by the industry in Wales. We do that by supporting our community with opportunities, connections and support. During the financial year 2023-24 those activities included: The publication of “Cymru & I” a book of non-fiction essays on Wales and Welshness, written by members. The delivery of an Inclusive Media Development Lab – a weekend of training and connection, teaching entrepreneurship and sustainability skills The paid opportunity to contribute to our increasingly vibrant Member’s Blog A writing partnership with QueerAF, an independent platform that supports emerging LGBTQIA+ creatives A series of masterclasses, including events on podcasting and newsletters Contributions to policy – thorugh engagement with the Welsh Government’s Public Interest Journalism Working Group and a partnership with the Centre for the Creative Economy to map the journalism sector in Wales.
The company’s core stakeholders are journalists, aspiring journalists and members of the wider media sector in Wales who support our aims. We held a well-attended in-person and virtual AGM in September 2023, as well as giving members the option to contribute to policy-making through a questionnaire. These consultations helped frame our strategy for the following year. We also regularly canvas opinion from our community through our newsletter – which comes out every 6-8 weeks.
As detailed in the accounts, the Director’s received a stipend of £12,400 (D Kerlin – £2,400 for one day a month, and S Kulkarni - £10,000 for one day a week) to reflect work carried out on Inclusive Journalism Cymru’s activities as outlined above. Director, S Rose, is paid for project management on an hourly basis. After being appointed as a Director on 31 January 2024, they received £1,852.63 for this work. There were no other transactions or arrangements in connection with the 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
20 December 2024
And signed on behalf of the board by:
Name: S Kulkarni
Status: Director