for the Period Ended 31 July 2024
Balance sheet | |
Additional notes | |
Balance sheet notes | |
Community Interest Report |
As at
Notes | 2024 | 2023 | |
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£ |
£ |
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Fixed assets | |||
Intangible assets: |
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Tangible assets: | 3 |
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Investments: |
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Total fixed assets: |
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Current assets | |||
Stocks: | 4 |
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Debtors: | 5 |
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Cash at bank and in hand: |
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Investments: |
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Total current assets: |
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Prepayments and accrued income: |
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Creditors: amounts falling due within one year: | 6 |
(
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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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Creditors: amounts falling due after more than one year: |
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Provision for liabilities: |
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Accruals and deferred income: |
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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: |
( |
( |
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 July 2024
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 July 2024
2024 | 2023 | |
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Average number of employees during the period |
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for the Period Ended 31 July 2024
Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
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Cost | £ | £ | £ | £ | £ | £ |
At 1 August 2023 |
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Additions |
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Disposals |
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Revaluations |
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Transfers |
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At 31 July 2024 |
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Depreciation | ||||||
At 1 August 2023 |
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Charge for year |
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On disposals |
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Other adjustments |
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At 31 July 2024 |
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Net book value | ||||||
At 31 July 2024 |
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At 31 July 2023 |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Stocks |
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Payments on account |
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Total |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Trade debtors |
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Prepayments and accrued income |
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Other debtors |
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Total |
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Debtors due after more than one year: |
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for the Period Ended 31 July 2024
2024 | 2023 | |
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£ | £ | |
Bank loans and overdrafts |
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Amounts due under finance leases and hire purchase contracts |
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Trade creditors |
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Taxation and social security |
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Other creditors |
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Total |
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Thinking Black is a community interest company that supports Black British state school students across the UK. We have worked with over 1800 young Black British students through the curation and administration of interdisciplinary programmes and mentorship. We deliver academic content that is culturally relevant and provide key skills sessions to young people. Our programmes facilitate critical thinking, independent research, and high-level academic writing, scientific research and creative output among Black state-school students. In doing so, we encourage the active participation of young people in the conversations that impact them. This year we supported over 800 students across the UK through the running of lectures and seminars. This year we also sold our services to schools and university departments, running workshops and holding tailored outreach programmes. We also continued to sell copies of our anthology. Through the provision of our academic and creative training and the publication of student work, we work to empower the Black community and invite young people and educators to creatively imagine and design their future.
The company’s activities aim to benefit Black British state school students and the young Black people that are hired to teach and lead our programmes. We held a focus group with both our students and our facilitators. We continued to collect feedback from all of our students. Group feedback was again very positive, all of the participants on our programmes stated they enjoyed the lectures we offered, and over 94% found the programme increased their confidence in writing and in academic work in general. We supported over 90% of students in reaching Russell group and research intensive universities. Again, 100% of students said they would encourage their friends to sign up for our programmes. We also found out that students would enjoy more one-off lectures and masterclasses, would like more career mentorship. We have taken action on all of these learning, by securing grants to build online programmes, update and increase our lecture offerings and setting up more career support channels and opportunities.
Director remuneration amounting to £12,548.00
No transfer of assets other than for full consideration
This report was approved by the board of directors on
6 January 2025
And signed on behalf of the board by:
Name: Hope Oloye
Status: Director