ILLUMI LEARN C.I.C.

Company Registration Number:
15276372 (England and Wales)

Unaudited statutory accounts for the year ended 30 November 2024

Period of accounts

Start date: 10 November 2023

End date: 30 November 2024

ILLUMI LEARN C.I.C.

Contents of the Financial Statements

for the Period Ended 30 November 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

ILLUMI LEARN C.I.C.

Balance sheet

As at 30 November 2024

Notes 13 months to 30 November 2024


£
Called up share capital not paid: 3
Fixed assets
Intangible assets:   0
Tangible assets:   0
Investments:   0
Total fixed assets: 0
Current assets
Stocks:   0
Debtors:   0
Cash at bank and in hand: 1,355
Investments:   0
Total current assets: 1,355
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 3 ( 991 )
Net current assets (liabilities): 364
Total assets less current liabilities: 367
Creditors: amounts falling due after more than one year:   0
Provision for liabilities: 0
Accruals and deferred income: 0
Total net assets (liabilities): 367
Capital and reserves
Called up share capital: 3
Share premium account: 0
Other reserves: 0
Profit and loss account: 364
Total Shareholders' funds: 367

The notes form part of these financial statements

ILLUMI LEARN C.I.C.

Balance sheet statements

For the year ending 30 November 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 14 March 2025
and signed on behalf of the board by:

Name: Nkaepe Olaniyi
Status: Director

The notes form part of these financial statements

ILLUMI LEARN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 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

ILLUMI LEARN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

  • 2. Employees

    13 months to 30 November 2024
    Average number of employees during the period 0

ILLUMI LEARN C.I.C.

Notes to the Financial Statements

for the Period Ended 30 November 2024

3. Creditors: amounts falling due within one year note

13 months to 30 November 2024
£
Bank loans and overdrafts 0
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 85
Other creditors 906
Total 991

COMMUNITY INTEREST ANNUAL REPORT

ILLUMI LEARN C.I.C.

Company Number: 15276372 (England and Wales)

Year Ending: 30 November 2024

Company activities and impact

Illumi Learn CIC is on online teaching and training delivery CIC. Our target audience is people who have not been able to avail themselves of educational opportunities through the usual channels - this may be young people who did not engage well at school, or people who could not access standard educational offerings due to personal circumstances, for example due to be a carer, or a single parent or perhaps through disability. Our ultimate aim is to provide an alternative education route free at the point of delivery - where possible. We are aiming to do this by: - Leveraging funding available from the government to education providers - Utilising funding from charitable sources (accessed via a CIC charitable status) to provide courses for those who do not meet Government funding requirements due to age, employment or previous educational qualifications - Establishing an internal scholarship fund to help those who, for whatever reason, do not meet either of the funding options above. In addition, we aim not only to provide education but to provide career or personal development guidance, advice and support for anyone who needs it in the community. Finally, we understand that distance learning can sometimes be a lonely existence, and also the dangers of social media attacks, such as through cyber bullying, become more acute the more time an individual spends online. We will seek to mitigate this by establishing healthy and supportive forums for distance learning communities, or indeed anyone seeking safe and supportive online communities.

Consultation with stakeholders

December to June 2024 – Consultation with local communities. The decision was made to reach out to local communities tied to the location of the Directors – Chatham, Kent; Stoke on Trent, Staffordshire; Londonderry, Northern Ireland. This was done using posters and leaflets which were placed in community centres and local coffee shops. Initial feedback was positive in terms of interest in undertaking online courses due to convenience. However, there was limited final uptake in the actual courses. It was determined that this was due to not putting information in a format that would reach our key audience. The outreach should have been focused on general awareness rather than gaining a qualification. June 2024 – Consultation with Tech Sourcerers. As an SME with a number of years of experience in online teaching delivery, we were able to put forward our proposal to the company directors. The outcome of the consultation was a renewed focus on creating teaching materials focused on cyber security awareness, as well as a £2000 donation to support our development. The consultation also gave more ideas on how to better reach out to local communities via posters and leaflets.

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
28 February 2025

And signed on behalf of the board by:
Name: Nkaepe Olaniyi
Status: Director