IWOMAN ACADEMY CIC

Company limited by guarantee

Company Registration Number:
10369007 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 1 October 2023

End date: 30 September 2024

IWOMAN ACADEMY CIC

Contents of the Financial Statements

for the Period Ended 30 September 2024

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

IWOMAN ACADEMY CIC

Directors' report period ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal activities of the company

Overview The past year has been a period of significant growth and impactful achievements for iWoman Academy CIC. Our mission to empower women through comprehensive education in radio production, media training, and financial literacy has not only resonated with our participants but has also garnered substantial community support and recognition. Programmes and Initiatives - Courses in Radio Production and Media Training: These courses have continued to equip women with essential technical skills and boost their confidence, leading to improved employment prospects and career advancement. The hands-on nature of our training ensures participants gain practical experience that is directly applicable in the job market. - The 1000 Club Financial Literacy Programme: This year, we have focused on expanding and enhancing 'The 1000 Club'. We are in the process of integrating AI technology to personalise financial education, making it more accessible and impactful for every participant. This initiative is crucial in helping women manage their finances effectively, especially during the ongoing cost of living crisis. Community Impact Our activities have had a profound impact on the local community: - Empowerment and Confidence Building: Many participants have reported significant improvements in their self-esteem and confidence, empowering them to pursue their personal and professional goals with renewed vigour. - Economic Stability: The skills and financial knowledge gained through our programmes have enabled many women to secure employment, start their own businesses, and manage their finances better, contributing to greater economic stability for themselves and their families. - Supportive Community and Networking: Our workshops, seminars, and networking events have fostered a strong sense of community among participants, providing a platform for mutual support and collaboration. Future Plans Looking ahead, we have several strategic initiatives to further grow our impact: - Online Course Development: We are developing an e-learning platform to deliver our courses online, making our programmes accessible to women beyond Liverpool, including nationally and internationally. - Corporate Training: We plan to partner with more corporate companies to offer tailored training programmes, creating new revenue streams and further supporting our mission. - Expanded Workshops and Events: We will organise more paid workshops, seminars, and networking events to provide additional learning opportunities and foster greater community engagement. Stakeholder Engagement We have maintained strong engagement with our stakeholders through regular consultations and feedback sessions. This includes surveys and focus groups with participants, collaboration with local organisations, and strategic guidance from our advisory board. These engagements ensure that our programmes remain responsive to the needs of the community and aligned with industry trends. Challenges and Opportunities While we have made significant progress, we continue to face challenges, particularly in securing sustainable funding to support our expansion plans. However, our diversified income streams and strategic initiatives position us well to overcome these challenges and seize new opportunities for growth. Conclusion In conclusion, iWoman Academy CIC remains committed to empowering women through education and community support. Our achievements over the past year are a testament to the hard work and dedication of our team, the enthusiasm of our participants, and the unwavering support of our stakeholders. We look forward to building on this success and making an even greater impact in the years to come. Acknowledgements We extend our heartfelt gratitude to our participants, staff, partners, and supporters. Your contributions and commitment are the foundation of our success and the driving force behind our mission.



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 30 September 2024

Ngunan Adamu

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
14 September 2025

And signed on behalf of the board by:
Name: Ngunan Adamu
Status: Director

IWOMAN ACADEMY CIC

Profit And Loss Account

for the Period Ended 30 September 2024

2024 2023


£
£
Turnover: 17,400 18,500
Gross profit(or loss): 17,400 18,500
Administrative expenses: ( 16,142 ) ( 11,164 )
Operating profit(or loss): 1,258 7,336
Profit(or loss) before tax: 1,258 7,336
Tax: ( 633 ) 0
Profit(or loss) for the financial year: 625 7,336

IWOMAN ACADEMY CIC

Balance sheet

As at 30 September 2024

Notes 2024 2023


£
£
Current assets
Cash at bank and in hand: 3,760 7,383
Total current assets: 3,760 7,383
Creditors: amounts falling due within one year: 3 ( 1,414 ) ( 780 )
Net current assets (liabilities): 2,346 6,603
Total assets less current liabilities: 2,346 6,603
Creditors: amounts falling due after more than one year: 4 ( 243 ) ( 5,124 )
Total net assets (liabilities): 2,103 1,479
Members' funds
Profit and loss account: 2,103 1,479
Total members' funds: 2,103 1,479

The notes form part of these financial statements

IWOMAN ACADEMY CIC

Balance sheet statements

For the year ending 30 September 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 14 September 2025
and signed on behalf of the board by:

Name: Ngunan Adamu
Status: Director

The notes form part of these financial statements

IWOMAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

IWOMAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 0 0

IWOMAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

3. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 780
Taxation and social security 634
Other creditors 780
Total 1,414 780

IWOMAN ACADEMY CIC

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Other creditors 243 5,124
Total 243 5,124

COMMUNITY INTEREST ANNUAL REPORT

IWOMAN ACADEMY CIC

Company Number: 10369007 (England and Wales)

Year Ending: 30 September 2024

Company activities and impact

We have engaged in extensive consultations with various stakeholders to ensure that iWoman Academy CIC meets the needs and expectations of our community and partners. These consultations include: 1. Participants: We regularly conduct surveys and focus groups with current and past participants to gather feedback on our programmes. This helps us understand their needs, challenges, and suggestions for improvement. 2. Local Organisations and Community Groups: We collaborate with community organisations to identify gaps in training and support services for women. These discussions help us tailor our courses to address the specific needs of the local community. 3. Corporate Partners: We engage with corporate companies that are interested in upskilling their staff. Through meetings and consultations, we identify the skills that are most in demand and develop training programmes that align with their requirements. 4. Funding Bodies and Non-Profit Organisations: We consult with our funding partners to align our objectives with their goals and ensure that our programmes are sustainable and impactful. This includes regular reporting and feedback sessions to demonstrate the effectiveness of our initiatives. 5. Advisory Board: Our advisory board, consisting of industry experts and community leaders, provides strategic guidance and feedback on our programmes and growth plans. Their insights help us stay aligned with industry trends and community needs. These consultations ensure that iWoman Academy CIC remains responsive to the needs of our stakeholders, continuously improving our services and expanding our impact.

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
14 September 2025

And signed on behalf of the board by:
Name: Ngunan Adamu
Status: Director