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
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 February 2024
to
31 January 2025
The director shown below has held office during the period of
1 February 2024
to
22 January 2025
The director shown below has held office during the period of
22 January 2025
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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| 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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| 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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( |
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| Total assets less current liabilities: |
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( |
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| Creditors: amounts falling due after more than one year: | 6 |
(
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(
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| Provision for liabilities: |
(
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(
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| Total net assets (liabilities): |
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( |
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| Members' funds | |||
| Profit and loss account: |
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( |
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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
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 | ||||||
| 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 | ||||||
| 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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| Prepayments and accrued income |
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| Other 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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| Other creditors |
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| Total |
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for the Period Ended 31 January 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Other creditors |
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| Total |
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Between February 2024 and January 2025, Learnest CIC continued to deliver community-led programmes and training across Yorkshire, with its primary focus on operating Our House Wakefield, a dedicated LGBTQ+ community hub. Despite ongoing financial pressures and the challenge of sustaining a physical venue, we achieved significant impact across volunteering, wellbeing, and inclusion. In early 2024, we relocated to a new space following the loss of our previous venue. This transition caused temporary closure and created considerable financial strain, yet we re-established Our House as a thriving, accessible, sober space for LGBTQ+ people. Through various grants (including Wakefield Council’s UK Shared Prosperity Fund and the Mayor’s Safer Communities Fund), we were able to deliver over 120 community events and support 126 volunteer opportunities, engaging over 2,600 participants. Activities included social events, wellbeing groups, queer arts sessions, and hate-crime awareness workshops. We developed Our House as a Hate Crime Reporting Centre and joined the Wakefield Strategic Hate Crime Board, ensuring LGBTQ+ voices were represented in local safety planning. We directly supported individuals in reporting hate incidents and navigating police and support systems. Volunteer training remained a key focus, with 40 new volunteers completing structured learning and contributing over 827 hours. This strengthened community confidence and created pathways into employment and further volunteering. Our work also promoted environmental responsibility by reusing and recycling materials during our venue move, and we prioritised accessibility for neurodivergent and disabled volunteers. While Our House continues to operate with strong community engagement, we closed the year with a small financial surplus, despite rising utility costs, venue overheads, and inflationary pressures. This marks a positive step towards sustainability in what remains a challenging funding climate for community organisations. The surplus will be used to help manage the ongoing financial pressures of running an LGBTQ+ community space, which are expected to continue increasing over the next 12 months.
Stakeholders include LGBTQ+ residents, volunteers, partner organisations, local authorities, and funders. Feedback is collected through surveys, event evaluations, and informal discussions. Stakeholders consistently stress the need for safe, sober spaces and inclusive volunteering opportunities, particularly for trans, non-binary, and neurodivergent people. In response, we created more open, drop-in events (rather than booked sessions) to make participation easier and co-designed new volunteer roles with community members. We also trialled a Community Advisory Board made up of local LGBTQ+ people. While attendance was inconsistent due to capacity pressures, it remains a model we hope to strengthen in the coming year. We continue to collaborate with Wakefield Council, Nova Wakefield, and local grassroots partners to shape future delivery and secure a sustainable base for Our House.
The total remuneration received by directors was £30,939.
No transfer of assets other than for full consideration
This report was approved by the board of directors on
31 October 2025
And signed on behalf of the board by:
Name: Louie Faro
Status: Director