BLACK WOMEN IN SCIENCE NETWORK CIC

Company limited by guarantee

Company Registration Number:
13325329 (England and Wales)

Unaudited statutory accounts for the year ended 30 April 2024

Period of accounts

Start date: 1 May 2023

End date: 30 April 2024

BLACK WOMEN IN SCIENCE NETWORK CIC

Contents of the Financial Statements

for the Period Ended 30 April 2024

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

BLACK WOMEN IN SCIENCE NETWORK CIC

Directors' report period ended 30 April 2024

The directors present their report with the financial statements of the company for the period ended 30 April 2024

Directors

The director shown below has held office during the whole of the period from
1 May 2023 to 30 April 2024

Oluwatomi Akingbade


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
31 January 2025

And signed on behalf of the board by:
Name: Oluwatomi Akingbade
Status: Director

BLACK WOMEN IN SCIENCE NETWORK CIC

Profit And Loss Account

for the Period Ended 30 April 2024

2024 2023


£

£
Turnover: 15,565
Cost of sales: ( 2,886 ) ( 266 )
Gross profit(or loss): 12,679 (266)
Administrative expenses: ( 9,394 ) ( 76 )
Operating profit(or loss): 3,285 (342)
Profit(or loss) before tax: 3,285 (342)
Tax: ( 623 )
Profit(or loss) for the financial year: 2,662 (342)

BLACK WOMEN IN SCIENCE NETWORK CIC

Balance sheet

As at 30 April 2024

Notes 2024 2023


£

£
Current assets
Cash at bank and in hand: 12,911 9,626
Total current assets: 12,911 9,626
Creditors: amounts falling due within one year: 3 ( 7,262 ) ( 6,639 )
Net current assets (liabilities): 5,649 2,987
Total assets less current liabilities: 5,649 2,987
Total net assets (liabilities): 5,649 2,987
Members' funds
Profit and loss account: 5,649 2,987
Total members' funds: 5,649 2,987

The notes form part of these financial statements

BLACK WOMEN IN SCIENCE NETWORK CIC

Balance sheet statements

For the year ending 30 April 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 31 January 2025
and signed on behalf of the board by:

Name: Oluwatomi Akingbade
Status: Director

The notes form part of these financial statements

BLACK WOMEN IN SCIENCE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 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

BLACK WOMEN IN SCIENCE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

BLACK WOMEN IN SCIENCE NETWORK CIC

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Taxation and social security 623
Accruals and deferred income 6,639 6,639
Total 7,262 6,639

COMMUNITY INTEREST ANNUAL REPORT

BLACK WOMEN IN SCIENCE NETWORK CIC

Company Number: 13325329 (England and Wales)

Year Ending: 30 April 2024

Company activities and impact

Company activities and impact In 2023-2024, the Black Women in Science Network held monthly virtual safe spaces for Black women in the Science industry and held in-person events in which Black women in Science were celebrated and their achievements recognised. It was fed back that Black women felt "inspired" and felt "recharged" to go back and contribute to the Science industry. We regularly uploaded podcast episodes that were released for free to a global audience talking about the issues felt by Black women.

Consultation with stakeholders

The primary stakeholders are Black women who are being educated in and/or working in the Science and Science-related industries. Stakeholders are consulted through monthly newsletters sent to email inboxes, and updated about the ongoings of the space at monthly virtual meetings. We collect feedback at all in-person events, we collect feedback and have consolidated future plans based on the feedback provided by stakeholders.

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
31 January 2025

And signed on behalf of the board by:
Name: Oluwatomi Esther Akingbade
Status: Director