EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Company limited by guarantee

Company Registration Number:
14263104 (England and Wales)

Unaudited statutory accounts for the year ended 31 July 2024

Period of accounts

Start date: 1 August 2023

End date: 31 July 2024

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Balance sheet

As at 31 July 2024

Notes 2024 2023


£

£
Fixed assets
Intangible assets:   0
Tangible assets: 3 248 0
Investments:   0
Total fixed assets: 248 0
Current assets
Cash at bank and in hand: 15,426 1,675
Total current assets: 15,426 1,675
Prepayments and accrued income: 15,436
Creditors: amounts falling due within one year: 4 ( 9,680 ) ( 8,385 )
Net current assets (liabilities): 5,746 8,726
Total assets less current liabilities: 5,994 8,726
Accruals and deferred income: ( 1,005 ) ( 1,749 )
Total net assets (liabilities): 4,989 6,977
Members' funds
Profit and loss account: 4,989 6,977
Total members' funds: 4,989 6,977

The notes form part of these financial statements

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Balance sheet statements

For the year ending 31 July 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 10 April 2025
and signed on behalf of the board by:

Name: Yusuf Ciftci
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Tangible fixed assets depreciation policy

    Depreciation is charged on a straight line basis at 25%.

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 0

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 August 2023 0 0
Additions 259 259
Disposals
Revaluations
Transfers
At 31 July 2024 259 259
Depreciation
At 1 August 2023 0 0
Charge for year 11 11
On disposals
Other adjustments
At 31 July 2024 11 11
Net book value
At 31 July 2024 248 248
At 31 July 2023 0 0

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 8,385
Other creditors 9,680
Total 9,680 8,385

COMMUNITY INTEREST ANNUAL REPORT

EXPERTS BY EXPERIENCE EMPLOYMENT C.I.C.

Company Number: 14263104 (England and Wales)

Year Ending: 31 July 2024

Company activities and impact

We delivered activities to support refugees and migrants in their job applications to the charity sector. These activities included updating our job board weekly and matching 18 refugees and migrants with their mentors in 36 different sessions to support them develop job application documents and interview skills and to give them general career advice. In total there were 11 CV & Cover letter support sessions, 11 interview support sessions, 12 general career advice sessions and 2 onboarding sessions. 4 refugees have successfully been appointed in a role, and others improved their employability. The mentorship component continues to be a key driver of long-term success. These activities benefited refugee communities to have more equitable opportunity in their employment with charities.

Consultation with stakeholders

We continued our consultations with stakeholders who are charities in the refugee and migrant sector. 33 new charities joined our network and received our toolkit to improve their recruitment process. Based on consultations, we provided several activities for them. We provided application guidance sessions to support charities to make their recruitment more equitable for refugees. We gave advice about how they should shape their recruitment process. We provided training about how to onboard staff with lived experience effectively. One member charity invited us for a lived experience leadership event where we joined to co-deliver a talk about equitable recruitment, along other awareness raising activities. We have published 655 jobs on our job board and 19 of these jobs benefited from our mentoring support where we supported experts by experience to apply for these jobs.

Directors' remuneration

The aggregate amount of fees for services paid to or receivable by directors as consultants in respect of qualifying services was £8,106. 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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
10 April 2025

And signed on behalf of the board by:
Name: Yusuf Ciftci
Status: Director