THE EQUITY INDEX C.I.C.

Company limited by guarantee

Company Registration Number:
12582235 (England and Wales)

Unaudited statutory accounts for the year ended 31 October 2024

Period of accounts

Start date: 1 November 2023

End date: 31 October 2024

THE EQUITY INDEX C.I.C.

Contents of the Financial Statements

for the Period Ended 31 October 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

THE EQUITY INDEX C.I.C.

Directors' report period ended 31 October 2024

The directors present their report with the financial statements of the company for the period ended 31 October 2024

Principal activities of the company

See the Community Interest Company Report.



Directors

The directors shown below have held office during the whole of the period from
1 November 2023 to 31 October 2024

Alexandra Patricia Lopes Capitao Martins
Lorriann Stephanie Robinson Fenton


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
11 July 2025

And signed on behalf of the board by:
Name: Alexandra Patricia Lopes Capitao Martins
Status: Director

THE EQUITY INDEX C.I.C.

Profit And Loss Account

for the Period Ended 31 October 2024

2024 2023


£

£
Turnover: 0 11,452
Cost of sales: 0 ( 8,944 )
Gross profit(or loss): 0 2,508
Administrative expenses: ( 552 ) ( 1,652 )
Operating profit(or loss): (552) 856
Profit(or loss) before tax: (552) 856
Tax: 105 ( 163 )
Profit(or loss) for the financial year: (447) 693

THE EQUITY INDEX C.I.C.

Balance sheet

As at 31 October 2024

Notes 2024 2023


£

£
Current assets
Debtors: 3 105 7,221
Cash at bank and in hand: 2,070 5,108
Total current assets: 2,175 12,329
Creditors: amounts falling due within one year: 4 ( 120 ) ( 9,827 )
Net current assets (liabilities): 2,055 2,502
Total assets less current liabilities: 2,055 2,502
Total net assets (liabilities): 2,055 2,502
Members' funds
Profit and loss account: 2,055 2,502
Total members' funds: 2,055 2,502

The notes form part of these financial statements

THE EQUITY INDEX C.I.C.

Balance sheet statements

For the year ending 31 October 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.

This report was approved by the board of directors on 11 July 2025
and signed on behalf of the board by:

Name: Alexandra Patricia Lopes Capitao Martins
Status: Director

The notes form part of these financial statements

THE EQUITY INDEX C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 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

    Turnover policy

    Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

THE EQUITY INDEX C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

THE EQUITY INDEX C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Debtors

2024 2023
£ £
Trade debtors 7,221
Other debtors 105
Total 105 7,221

THE EQUITY INDEX C.I.C.

Notes to the Financial Statements

for the Period Ended 31 October 2024

4. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 3,550
Taxation and social security 163
Other creditors 120 6,114
Total 120 9,827

COMMUNITY INTEREST ANNUAL REPORT

THE EQUITY INDEX C.I.C.

Company Number: 12582235 (England and Wales)

Year Ending: 31 October 2024

Company activities and impact

The Equity Index’s activities support UK-based international development organisations (including non-governmental organisations, companies, donors/foundations, research organisations and media actors) to develop more equitable organisational policies, practices and partnerships. The Equity Index was founded in May 2020. From July 2020 to June 2021, we delivered a pilot project funded by the Joffe Charitable Trust to provide proof of concept of the index. We have not been successful in raising additional grant funding since the pilot, and therefore have not been able to cover core costs related to further developing and running the index. Over the period 1 November 2023 to 31 October 2024 (including up until the present), The Equity Index and other similar initiatives have faced a challenging funding environment. Policy changes and significant cuts to foreign aid in the UK and across the international development sector have created a difficult operating environment for us, and peer organisations. However, there is still value for the role of The Equity Index in continuing to advocate for more equitable development practices through our website. As ever, we continue to make publicly available all resources that we produce on The Equity Index website (https://theequityindex.org). This means they are available to any individual or organisation that wishes to use them in their own work. In April 2024, we dedicated team time to updating the resources page of the website to include more contemporary sources, which from past experience and feedback have provided value to the organisations and communities that access them. The resources have been organised according to different themes: - Racism and racial equity: https://theequityindex.org/racism-and-racial-equity - Gender equity and intersectionality: https://theequityindex.org/gender-and-intersectional - South-North (or global) equity: https://theequityindex.org/north-south-equity - Addressing equity internally (inside organisations): https://theequityindex.org/addressing-equity - Equity and Covid-19: https://theequityindex.org/equity-and-covid-19 - Equity and evaluation: https://theequityindex.org/equity-and-evaluation The Equity Index did not engage in any consultancy projects over this time. We are instead using existing resources to continue to add value to the sector. As consistent with previous reports, The Equity Index’s stakeholders are both individuals and organisations that operate within the global development sector, primarily UK-based but also from other countries, we arranged individual check-ins with members of our Advisory Council, which operated as The Equity Index’s informal governance body up until May 2024. A lack of financial resources – and the fact that one of our Directors was on shared parental leave for a significant portion of the year (see below) – has meant we have not been able to conduct further consultations or engagement, however if we are successful in raising more grant funding we will continue to organise stakeholder roundtables and events to gain feedback on our work. We welcome continued questions and engagement from the general public via the contact details provided on the website. Note: One of our Co-Founders and Directors was on shared parental leave between July 2023 and February 2024, and as such some of our work (apart from day-to-day administration) during the current reporting timeline was reduced.

Consultation with stakeholders

No consultation with stakeholders

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
10 July 2025

And signed on behalf of the board by:
Name: Alexandra Patricia Lopes Capitao Martins
Status: Director