for the Period Ended 31 December 2024
Directors report | |
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 December 2024
Directors
The director shown below has held office during the whole of the period from
1 January 2024
to
31 December 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
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 | |||
Debtors: | 4 |
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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: | 5 |
(
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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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Capital and reserves | |||
Called up share capital: |
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Profit and loss account: |
( |
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Total Shareholders' funds: |
( |
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The notes form part of these financial statements
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
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 31 December 2024
Basis of measurement and preparation
for the Period Ended 31 December 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 December 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 January 2024 |
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Additions | ||||||
Disposals | ||||||
Revaluations | ||||||
Transfers | ||||||
At 31 December 2024 |
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Depreciation | ||||||
At 1 January 2024 |
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Charge for year |
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On disposals | ||||||
Other adjustments | ||||||
At 31 December 2024 |
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Net book value | ||||||
At 31 December 2024 |
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At 31 December 2023 |
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for the Period Ended 31 December 2024
2024 | 2023 | |
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£ | £ | |
Other debtors |
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Total |
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for the Period Ended 31 December 2024
2024 | 2023 | |
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£ | £ | |
Other creditors |
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Total |
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Responsive Learning CIC's activities are carried on for the benefit of post-16 learners of any Science, Technology, Engineering and Mathematics (STEM) related subject (the 'community). It is our mission "To make STEM learning more accessible for all," no matter where you are on your career journey. Since incorporation in December 2022, the company's core activities have been focused on developing educational technology (EdTech) solutions and research, as well as promoting diversity and inclusion in STEM. Wherever possible suppliers are sourced locally, to support local small businesses and contribute to the growth of our local economy. During the financial year ending December 2024, the company's activities have benefited the community in the following ways: As a member of the community and visible role model our Founder, Dr Ruth Brown-Shepherd successfully completed the Innovate UK Business Growth (formerly Innovate UK EDGE) Design for Growth Programme (3-months in Spring), which was designed to enable high potential growth companies to achieve their goals through one-to-one design coaching, and by integrating design thinking methodologies into the business. Our Founder was selected in a competitive process to represent our social enterprise company and successfully completed the Product Builder 8-week accelerator programme (June-July), powered by Barclays Eagle Labs and delivered by Plexal. In June, the company attended Climb24 in Leeds as a social enterprise start up supported by AD:Venture where we made over 30 valuable new connections with potential investors, collaborators, and local suppliers. We attended the Yorkshire Sustainability Festival 2024 and our Founder was a Panel Speaker contributing to the discussion about ‘The skills needed to build a circular economy in Yorkshire’, which had over 100 attendees participate in the session. The company hosted 1 third year undergraduate student for 5 months from a local university in West Yorkshire, who was studying a STEM subject, to complete their Professional Learning Through Work (PLTW) final dissertation project. In December, we shared 24 educational book suggestion posts via the company’s Linkedin social media page (referencing the audiobook formats wherever available) to help other STEM Founders and social enterprise start-ups to achieve their goals. 7 local suppliers provided business administration support, meeting facilities, marketing, intellectual property support, and research services for the company. To support the ongoing growth of the business, the company completed the recruitment process for 2 new part-time employees with STEM backgrounds who will be joining the team at the beginning of January 2025. The company supported 2 COST Action joint grant funding proposals, as part of two separate consortiums with over 80 organisations including universities and other industry partners across the UK and Europe. If the outcome is successful in May 2025, the company will work collaboratively on STEM education and technology-focused international projects for up to 4 years for the benefit of the community we serve. Finally, we proactively contributed to 2 out of 3 workshop discussions hosted by the EY Foundation and facilitated by Renaisi-TSIP Limited. A place-based approach has been adopted in this collaborative project to develop a Theory of Change that will enable the Bradford Work Experience Revolution for the benefit of all young people in Bradford.
Responsive Learning CIC's key stakeholders are post-16 learners of any Science, Technology, Engineering and Mathematics (STEM) related subject. This includes those undertaking further education (FE), vocational education or training (VET) and higher education (HE) courses in STEM. The company’s Managing Director is an active member of the STEM community and regularly engages with community members, through STEM events hosted by UK professional membership organisations, to gain a better understanding of their needs. This includes events hosted by the Royal Academy of Engineering, Royal Society of Biology, Barclays Eagle Labs, Innovate UK Business Connect and the Chartered Management Institute (CMI). We have also taken part in local events throughout West Yorkshire hosted by Ad:Venture and the Federation of Small Businesses (FSB) to keep updated on new developments and collaborative opportunities to work with local councils or support educational focused initiatives funded by the West Yorkshire Combined Authority. The company has adopted a person-centred design approach to develop all its educational technology (EdTech) solutions. Based on feedback gained from end users last year, we developed and tested a new concept model for a new mobile technology solution this financial year, which is more accessible for our diverse community. We have therefore independently surveyed over 30 adult learners, to gain valuable feedback enabling continuous improvement of our product design. User testing participants also kindly agreed to take part in our challenge interviews, conducted as part of the Barclays Eagle Labs Product Builder Programme. The ongoing feedback received from our end users is essential for ensuring all our products and services are fit for purpose to meet the
No remuneration was received. 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
3 January 2025
And signed on behalf of the board by:
Name: Dr Ruth Brown-Shepherd
Status: Director