for the Period Ended 31 January 2025
| 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 January 2025
Directors
The director shown below has held office during the whole of the period from
1 February 2024
to
31 January 2025
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
| 2025 | 2024 | |
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£ |
£ |
| Turnover: |
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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Administrative expenses: |
(
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(
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| Operating profit(or loss): |
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| Profit(or loss) before tax: |
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| Tax: |
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(
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| Profit(or loss) for the financial year: |
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As at
| Notes | 2025 | 2024 | |
|---|---|---|---|
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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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| 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 January 2025
Basis of measurement and preparation
Tangible fixed assets depreciation policy
for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 31 January 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 February 2024 |
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| Additions |
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| Disposals |
(
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(
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| Revaluations | ||||||
| Transfers | ||||||
| At 31 January 2025 |
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| Depreciation | ||||||
| At 1 February 2024 |
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| Charge for year |
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| On disposals |
(
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(
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| Other adjustments | ||||||
| At 31 January 2025 |
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| Net book value | ||||||
| At 31 January 2025 |
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| At 31 January 2024 |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Trade debtors |
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| Total |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Taxation and social security |
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| Accruals and deferred income |
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| Total |
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We ran around 20 sessions, in person and online, which reached 890+ with networking, professional development and mentoring events, strengthening our commitment to accessibility and inclusion. The new format of speed mentoring was essential to continue our impact and to test out a new model, which we would implement in 2025 Our newsletter grew the reach to an average of 40k readers a month and we shared on average 360 opportunities, monthly Because of our work, in December 2024 we were confirmed to lead the Roundhouse Accelerator Programme for 2025, starting in January 2025, which provides support to underrepresented entrepreneurs in the creative industries to launch their businesses. Hired and worked with a paid intern from the SOAS university, a woman with chronic health conditions, Collaborated with the Discover Creative Careers week to host a free webinar ILN’s efforts have delivered powerful outcomes, fostering inclusivity, business growth, and personal development for women and non-binary individuals in the creative industries. We ran a new survey to understand our community better: at least 9% now identify as non binary, and over 54% considered themselves with a disability and over 40% reported an annual household income of less than £25k Expanded our reach across all social media platforms Some testimonials: Thanks so much to the awesome ILNW team for tirelessly providing essential resources to trying to break into the arts. Specifically as a self- taught artist their Webinar on the DYCP grant was the first port that demystified the process and led me to succeeding on my second attempt at the grant. Our mentees who met in 2022/2023 have now expanded their business across markets in London (Open Art Markets) I moved to London a year ago to do my master's, and I just finished a couple of months ago. Finding your way around on a new job market, especially in the arts, is hard, but ILN makes it easier and more friendly. It feels as though you’re not completely alone, and that someone’s got your back. When I found ILN, I thought "I can do this" - and this is my start of learning about creative industries, even if I am an outsider. Learning is a lifestyle, and I can do it with ILN resources
No consultation with stakeholders
The total amount paid or receivable by directors in respect of qualifying services was £13,900. 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
23 October 2025
And signed on behalf of the board by:
Name: Isabel Sachs
Status: Director