for the Period Ended 31 October 2024
| Directors report | |
| Profit and loss | |
| 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 October 2024
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 November 2023
to
31 October 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
for the Period Ended
| 2024 | 2023 | |
|---|---|---|
|
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£ |
£ |
| Turnover: |
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| Cost of sales: |
|
(
|
| Gross profit(or loss): |
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| Administrative expenses: |
(
|
(
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| Operating profit(or loss): |
( |
|
| Profit(or loss) before tax: |
( |
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| Tax: |
|
(
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| Profit(or loss) for the financial year: |
( |
|
As at
| Notes | 2024 | 2023 | |
|---|---|---|---|
|
|
£ |
£ |
|
| Current assets | |||
| Debtors: | 3 |
|
|
| Cash at bank and in hand: |
|
|
|
| Total current assets: |
|
|
|
| Creditors: amounts falling due within one year: | 4 |
(
|
(
|
| 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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| 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 31 October 2024
Basis of measurement and preparation
Turnover policy
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| Average number of employees during the period |
|
|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
|
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| Other debtors |
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| Total |
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|
for the Period Ended 31 October 2024
| 2024 | 2023 | |
|---|---|---|
| £ | £ | |
| 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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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.
No consultation with stakeholders
No remuneration was received
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