EXTEND VENTURES CIC

Company Registration Number:
12660944 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

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Contents of the Financial Statements

for the Period Ended 30 June 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

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Directors' report period ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Directors

The directors shown below have held office during the whole of the period from
1 July 2024 to 30 June 2025

Kekeli ANTHONY
Erika Elaine BRODNOCK


The directors shown below have held office during the period of
1 July 2024 to 4 April 2025

Tom Modupe ADEYOOLA
Patricia Keiko HAMZAHEE


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
3 December 2025

And signed on behalf of the board by:
Name: Kekeli ANTHONY
Status: Director

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Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Fixed assets
Tangible assets: 3 932 1,036
Total fixed assets: 932 1,036
Current assets
Debtors: 4 5,697 0
Cash at bank and in hand: 70,346 32,228
Total current assets: 76,043 32,228
Creditors: amounts falling due within one year: 5 ( 48,895 ) ( 4,418 )
Net current assets (liabilities): 27,148 27,810
Total assets less current liabilities: 28,080 28,846
Accruals and deferred income: ( 479 )
Total net assets (liabilities): 28,080 28,367
Capital and reserves
Called up share capital: 4 4
Profit and loss account: 28,076 28,363
Total Shareholders' funds: 28,080 28,367

The notes form part of these financial statements

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Balance sheet statements

For the year ending 30 June 2025 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 December 2025
and signed on behalf of the board by:

Name: Kekeli ANTHONY
Status: Director

The notes form part of these financial statements

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Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 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

    Other accounting policies

    Going Concern The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the directors who have undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

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Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 5

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Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 July 2024 1,151 1,151
Additions
Disposals
Revaluations
Transfers
At 30 June 2025 1,151 1,151
Depreciation
At 1 July 2024 115 115
Charge for year 104 104
On disposals
Other adjustments
At 30 June 2025 219 219
Net book value
At 30 June 2025 932 932
At 30 June 2024 1,036 1,036

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Notes to the Financial Statements

for the Period Ended 30 June 2025

4. Debtors

2025 2024
£ £
Trade debtors 0
Other debtors 5,697 0
Total 5,697 0

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Notes to the Financial Statements

for the Period Ended 30 June 2025

5. Creditors: amounts falling due within one year note

2025 2024
£ £
Taxation and social security 783
Accruals and deferred income 48,895 1,174
Other creditors 2,461
Total 48,895 4,418

COMMUNITY INTEREST ANNUAL REPORT

EXTEND VENTURES CIC

Company Number: 12660944 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

Extend Ventures is a non-profit organization dedicated to improving access to finance for underrepresented entrepreneurs. Combining expertise in data science, research, and venture capital, it identifies and addresses barriers that diverse founders face in securing early-stage funding. The organization provides practical support through mentorship, training, and tailored business resources, while also developing partnerships with universities and research institutions to generate evidence on systemic biases in investment. Through initiatives like publishing reports such as “Diversity Beyond Gender”, Extend Ventures highlights disparities in venture capital allocation and offers frameworks for more inclusive decision-making. Its impact lies in making invisible patterns of bias visible, encouraging investors and stakeholders to rethink funding practices. By championing overlooked talent, Extend Ventures helps founders from diverse backgrounds scale their businesses, driving both innovation and economic inclusion. Ultimately, its work strengthens the entrepreneurial ecosystem by ensuring that great ideas are not limited by unequal access to capital.

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
3 December 2025

And signed on behalf of the board by:
Name: Kekeli Anthony
Status: Director