CLOSER COLLECTIVE CIC

Company limited by guarantee

Company Registration Number:
13666460 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2025

Period of accounts

Start date: 1 April 2024

End date: 31 March 2025

CLOSER COLLECTIVE CIC

Contents of the Financial Statements

for the Period Ended 31 March 2025

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

CLOSER COLLECTIVE CIC

Directors' report period ended 31 March 2025

The directors present their report with the financial statements of the company for the period ended 31 March 2025

Principal activities of the company

We believe that our activities will support multigenerational practitioners, activists, organisations, groups and collectives working across Social Justice Movements around the world, particularly in the Arts and Cultural Production, Philanthropy, and Community Organizing. Our activities include "Studios" - which are program based activities focused on feminist co-leadership, girls and young feminist participation, leadership transition, and cultural production and documentation for feminist movements; Advising; and Fiscal Sponsorship.



Directors

The directors shown below have held office during the whole of the period from
1 April 2024 to 31 March 2025

Devi Leiper Omalley
Ruby Johnson
Swatee Deepak


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
17 December 2025

And signed on behalf of the board by:
Name: Devi Leiper Omalley
Status: Director

CLOSER COLLECTIVE CIC

Balance sheet

As at 31 March 2025

Notes 2025 2024


£

£
Current assets
Debtors: 3 3,793 19,801
Cash at bank and in hand: 97,530 148,527
Total current assets: 101,323 168,328
Creditors: amounts falling due within one year: 4 ( 100,345 ) ( 167,030 )
Net current assets (liabilities): 978 1,298
Total assets less current liabilities: 978 1,298
Total net assets (liabilities): 978 1,298
Members' funds
Profit and loss account: 978 1,298
Total members' funds: 978 1,298

The notes form part of these financial statements

CLOSER COLLECTIVE CIC

Balance sheet statements

For the year ending 31 March 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 17 December 2025
and signed on behalf of the board by:

Name: Devi Leiper Omalley
Status: Director

The notes form part of these financial statements

CLOSER COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

CLOSER COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

CLOSER COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Debtors

2025 2024
£ £
Trade debtors 3,793 19,801
Total 3,793 19,801

CLOSER COLLECTIVE CIC

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Creditors: amounts falling due within one year note

2025 2024
£ £
Trade creditors 48,720 73,909
Accruals and deferred income 51,625 93,121
Total 100,345 167,030

COMMUNITY INTEREST ANNUAL REPORT

CLOSER COLLECTIVE CIC

Company Number: 13666460 (England and Wales)

Year Ending: 31 March 2025

Company activities and impact

The company organizes its work in three areas. The company runs different ‘studios’ that support feminist philanthropy, art, leadership, and activism (see more https://www.closerthanyouthink.co/) This year the studios focused on the following: Feminist Co-Leadership - We provide coaching services to co-leaders of non profit organizations around the world. This includes dedicated coaching as well as peer coaching. It also includes bringing a small group of coaches of co-leaders together to reflect and learn together, as well as offer free drop-in coaching spaces. We also continued to make our resources available mostly for free. We continued to distribute Oracle Cards online. We also began a small project working with intergenerational leaders to test small initiatives that would bring different generations together to reflect on age dynamics and experiences. Participation and Power with Girls and Young Feminists - This studio works to strengthen our practice and contribute to sector and movement wide learning. With partners and sister organisations we are in relationship with, we endeavour to identify and create intergenerational connections across the ecosystem and deepen concrete accountability for girls and young feminists. This year, we published learning documents and accompanied different organisations. Music of Our Movements - We began designing a dedicated project on the power of music in social change. This was conceptualized as an online archive and potential podcast. We began to put together a team to coordinate the project and held a concert at the AWID Forum in December 2024. Leadership Transitions - We continued to hold community with other leaders that have recently transitioned out of their roles and published a magazine with learnings and recommendations in June 2025. Garment Worker Solidarity - we continue to host a digital campaign begun in 2020 to support garment workers during the COVID-19 pandemic. However, this is now being led by other community members and we provide our solidarity as needed. We provide advising services in different areas. This past year it included: Facilitation - working with different organisations to design and facilitate convenings with activists and funders. This year, we developed a participatory arts-based method that engaged meeting participants in conversations that were co-documented on a life-scale mangrove installation. Strategy development and research - coordinating the development and writing of different grantmaking strategies for feminist philanthropy. The year focused on crisis and girls and young feminists participation. In particular, we conducted analysis of the Violence Against Children Sector, with mapping and recommendations going forward. We began offering our first fiscal hosting services under our “Chrysalis” program. This is a fiscal sponsorship/hosting offering. We began hosting two projects: 1) Elemental - which seeks to contribute to an enabling environment for resourcing narrative power - and prefigure the future of philanthropy in how we show up today; and 2) Reimagining Fiscal Sponsorship - a research project that explore new possibilities for fiscal sponsorship practice that shares power.

Consultation with stakeholders

Our stakeholders are: Multigenerational practitioners, activists, organisations, groups and collectives working across Social Justice Movements around the world, particularly in the Arts and Cultural Production, Philanthropy, and Community Organizing. We do all of our work based on principles of collaboration, participation, and diversity. Our stakeholders are often part of the projects we work on. For example, we host regular consultations with other feminist leadership coaches through a community of practice, or we create advisory groups of young people that we work with. Following our first pilot year of fiscal sponsorship, we will evaluate the program with the pilot projects and others who may be interested in the program. We also intend to build a community of practice with other companies and organizations offering this service and seeking to find ways to transform the model.

Directors' remuneration

The aggregate amount of fee paid to or receivable by directors in respect of qualifying services was £ 40,175.80 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.

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
17 December 2025

And signed on behalf of the board by:
Name: Devi Leiper O'Malley
Status: Director