IMPACT BLACK C.I.C.

Company limited by guarantee

Company Registration Number:
12644676 (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

IMPACT BLACK C.I.C.

Contents of the Financial Statements

for the Period Ended 30 June 2025

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

IMPACT BLACK C.I.C.

Profit And Loss Account

for the Period Ended 30 June 2025

2025 2024


£

£
Turnover: 7,205 6,020
Gross profit(or loss): 7,205 6,020
Administrative expenses: ( 4,910 ) ( 6,185 )
Operating profit(or loss): 2,295 (165)
Profit(or loss) before tax: 2,295 (165)
Profit(or loss) for the financial year: 2,295 (165)

IMPACT BLACK C.I.C.

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 1,745 630
Total current assets: 1,745 630
Creditors: amounts falling due within one year: 3 ( 2,170 ) ( 3,350 )
Net current assets (liabilities): (425) (2,720)
Total assets less current liabilities: (425) ( 2,720)
Total net assets (liabilities): (425) (2,720)
Members' funds
Profit and loss account: (425) ( 2,720)
Total members' funds: ( 425) (2,720)

The notes form part of these financial statements

IMPACT BLACK C.I.C.

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.

This report was approved by the board of directors on 2 July 2026
and signed on behalf of the board by:

Name: Olubusayo Olukayode Oladipupo ABIDAKUN
Status: Director

The notes form part of these financial statements

IMPACT BLACK C.I.C.

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

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

IMPACT BLACK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

IMPACT BLACK C.I.C.

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Accruals and deferred income 365 350
Other creditors 1,805 3,000
Total 2,170 3,350

COMMUNITY INTEREST ANNUAL REPORT

IMPACT BLACK C.I.C.

Company Number: 12644676 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

The company works towards supporting individuals and companies to benefit Ethnic minority communities and address racial injustices in society by delivering leadership skill training and providing opportunities to for people experience using their skills to help organisations and charities that work on the issue of racial justice. During the financial year 2024 – 2025 we have benefitted to community in the following ways. 1, We have hosted 3 events with community members supporting them around professional growth and engaging with racial equity charities. These events would have supported approximately 30 people 2. We have also hosted a number of training sessions with companies for leaders and ethnic minority employees supporting them to develop their leadership skills. These events would have supported approximately 500 people

Consultation with stakeholders

We consider our stakeholders to be professionals and companies who have an interest in empowering Black and other ethnic minority groups and challenging racial injustice. The company's stakeholders include the individuals and communities who participate in and benefit from our training and events (including those connected to Impact Black), our volunteers, our partner organisations, and members of the wider community we serve. How have stakeholders been consulted? During the reporting period, the company held two events at which stakeholders were invited to give feedback on Impact Black events. These sessions provided an opportunity for attendees to share their views and experiences directly with the company. What action has the company taken in response to feedback? The key theme emerging from stakeholder feedback was that attendees particularly valued having dedicated time to connect with others they had trained alongside. In response, the company plans to introduce regular online networking events, open to stakeholders, to provide an ongoing space for these connections to continue and develop.

Directors' remuneration

Directors renumeration for services rendered under the auspices of Impact Black are listed within the accounts. The aggregate amount of emoluments paid to or receivable by directors in respect of qualifying services was £2,360. 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
1 July 2026

And signed on behalf of the board by:
Name: Olubusayo Olukayode Oladipupo ABIDAKUN
Status: Director