for the Period Ended 30 September 2024
| Profit and loss | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
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| Gross profit(or loss): |
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| Administrative expenses: |
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| 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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| Fixed assets | |||
| Tangible assets: | 3 |
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| Total fixed assets: |
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| Current assets | |||
| 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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| Provision for 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 30 September 2024
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 September 2024
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 October 2023 |
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| Additions |
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| Disposals | ||||||
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| At 30 September 2024 |
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| Depreciation | ||||||
| At 1 October 2023 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments |
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| At 30 September 2024 |
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| Net book value | ||||||
| At 30 September 2024 |
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| At 30 September 2023 |
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for the Period Ended 30 September 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
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| Accruals and deferred income |
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| Total |
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Soul Purpose 360 CIC remains deeply committed to community development by empowering Black women through personal growth. By blending personal development with community action, we continue to inspire confidence, motivation, and resilience helping women overcome personal challenges and make meaningful contributions to society. Our mission is to support women who face barriers to community participation, enabling them to create purposeful community initiatives that bring value to wider society. Organisational Growth & Key Milestones (2023–2024) This has been a landmark year for Soul Purpose 360, marked by significant growth and impact: Black Women’s Networking & Empowerment Circle has continued to expand across social media platforms, offering a safe and supportive space for engagement and connection. DefinitionRedefined Campaign launched to challenge limiting narratives and redefine empowerment for Black women. Secured £201,260 from The National Lottery Community Fund; programme delivery began in March 2024. Hired three part-time staff in May 2024: CEO, Local Groups Development Officer, and Marketing & Communications Officer. Active Local Groups, particularly in London, delivered 52 empowerment workshops, reaching 455 women. Soul Purpose 360 Croydon (Resilient Women Build Communities), funded by People’s Health Trust since Feb 2023, has held nearly 50 workshops, with over 600 women on the mailing list. Graduates from our Empowered Me! Impact Study programmes have gone on to start businesses, and social enterprises, and report transformative personal development. Ongoing participation in Sounddelivery Media’s programme has helped raise our profile, resulting in national media exposure. CEO Palma Black won Bronze in the Women Changing the World Awards (May 2024) – Coach of the Year category. CEO has been featured on numerous national podcasts and community radio shows. Strengthened Advisory and Board membership, enhancing our organisational resilience and diversity of thought. Built strategic alliances with external partners, expanding our capacity to refer members to specialised support services via our national Black Women’s Networking & Empowerment Circle. Impact & Engagement Our reach and impact continue to grow, with the following highlights: National membership has grown to over 1,500, with strong engagement across the UK and beyond. 62 beneficiaries received coaching, mentoring, and personalised support to improve their lives and extend impact to their communities. Hosted 52 in-person monthly events across Croydon, Lewisham, Southwark, Newham, and Lambeth. 28 new volunteers were trained and mentored to facilitate local groups. 48 members were given opportunities to lead workshops and share their expertise. Hosted monthly online thematic events through the Black Women’s Networking & Empowerment Circle. Shared consistent social media content, and blogs, and supported member-led initiatives online.
Member Engagement and Stakeholder Involvement Soul Purpose 360 CIC continues to operate as a member-led social enterprise, with a growing number of ways for members to shape and influence the direction of the organisation. Our approach is dynamic and responsive, allowing for both structured consultation and informal engagement. By cultivating a culture of openness, we invite ongoing feedback and encourage members to participate actively in the organisation’s development. Our primary stakeholders include Black women, along with the businesses and organisations they lead. We also work closely with organisations that support our key beneficiaries, such as housing associations and local authorities many of whose representatives are also members, advocates, and supporters. Additionally, our funders play a critical role in enabling us to deliver our programmes and expand our impact. Member involvement is deeply embedded in all aspects of our work. Members sit on both the board and advisory board, helping to shape strategic direction. They also serve as volunteer facilitators of local groups in their communities, contributing equally without hierarchical barriers. These facilitators play a key role in deciding workshop topics, planning activities, and shaping the development of local groups. Local WhatsApp groups, administered by community members, create space for collaboration and influence. Members participate in polls, suggest workshop ideas, and share updates, enabling a collective approach to decision-making. Members were also central to developing the Volunteer Facilitators Policy and Role Description and played a key role in identifying the training needed to build confidence and effectiveness. To strengthen peer support and coordination, we host quarterly national committee meetings for local group facilitators to connect, share experiences, and help guide future developments. Members have also initiated sub-groups such as a Gardening Club and a Book Club, further enriching the community experience. For members not aligned with a local group, our national WhatsApp group serves as a hub for updates, feedback, and suggestions. We welcome opportunities to connect directly with members, including through community stalls and outreach activities, which help promote the organisation and attract new members. Other social safe spaces, such as our closed Facebook group, provide additional opportunities for dialogue and influence. Directors and staff maintain open lines of communication and actively encourage two-way feedback. Members have also contributed to funding applications, offering ideas and collaborating on bids. When strategic decisions are needed, we host thematic focus groups to ensure members have a voice in shaping the organisation’s future. Members have also been involved in reviewing and informing the organisation’s strategies and policies, reinforcing our belief that those we serve should be central to everything we do.
The total amount paid or receivable by directors in respect of qualifying services was £11,249.99
No transfer of assets other than for full consideration
This report was approved by the board of directors on
20 March 2025
And signed on behalf of the board by:
Name: Palma Elizabeth Black
Status: Director