for the Period Ended 30 November 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 30 November 2025
Principal activities of the company
Additional information
The Directors present their report together with the financial statements for The Act of Repair (TAOR) between 6 November 2024 to 30 November 2025. Throughout the year, the organisation focused on establishing strong operational and governance foundations while developing the structures and programmes required to support future social impact. Activities undertaken during the period included continued organisational development and governance, investment in administrative infrastructure, development of strategic partnerships and networks, and progression of programme planning and service development. The organisation had not yet commenced trading activities during the financial year, although work was undertaken to establish the systems, resources and strategic direction required to support future programme delivery, income generation and long-term sustainability. During the financial year, the organisation generated total income of £00.00. Total expenditure amounted to £478.58, resulting in a deficit of £478.58. Where expenditure exceeded income during the period, this reflected planned investment in establishing the organisation’s operational infrastructure, governance framework and future programme capability rather than operational underperformance. The Directors consider the financial position at the year end to be appropriate for the organisation’s current stage of development. The Directors continue to monitor key areas including financial sustainability, funding diversification, operational capacity, governance compliance, regulatory obligations, data protection and reputation risk. Appropriate policies, procedures and controls are reviewed regularly to support effective governance and responsible management. During the next financial year, the organisation intends to continue developing its programmes and partnerships, pursue sustainable grant and commercial income opportunities, strengthen its governance framework and increase its capacity to deliver measurable community impact. The Directors acknowledge their responsibility for maintaining adequate accounting records, preparing financial statements in accordance with applicable requirements, safeguarding organisational assets and ensuring compliance with statutory obligations.
Directors
The directors shown below have held office during the whole of the period from
6 November 2024
to
30 November 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
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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 30 November 2025
Basis of measurement and preparation
Other accounting policies
for the Period Ended 30 November 2025
| 13 months to 30 November 2025 | ||
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for the Period Ended 30 November 2025
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for the Period Ended 30 November 2025
The Act of Repair CIC (TAOR) is a UK-based community interest company dedicated to addressing the enduring legacies of the Transatlantic Slave Trade. TAOR exists to transform historical harm into generational progress. We work across historically significant regions of the UK - where the systems of extraction, trade, and settlement once operated - to create pathways for repair that are practical, measurable, and community-led. Our mission is to repair systemic inequities by equipping African and Caribbean communities with the tools, capital, knowledge, and infrastructure needed to help individuals, families and communities to build sustainable opportunity and long-term prosperity. The principal activity of TAOR is the development and delivery of initiatives that promote community-focused systems, enable strategic investment and recognising the leaders, innovators and change-makers bringing the future we imagine into reality. Objectives 1. Economic Empowerment Supporting Black-owned businesses to build scalable, profitable, and sustainable models that create lasting economic opportunity. 2. Financial Capability & Wealth Building Providing education, tools and access to capital that enable individuals, families and communities to develop financial resilience and create intergenerational wealth. 3. Education & Knowledge Systems Equipping individuals, families and communities with access to relevant, culturally informed education, training and knowledge resources. 4. Innovation & Technology Partnering with innovators to develop and scale solutions that address community-specific challenges. 5. Health & Medical Equity Supporting research, initiatives and partnerships that address disparities in healthcare outcomes, access and representation. 6. Social Impact & Justice Strengthening organisations, initiatives and networks that directly improve community wellbeing, opportunity and long term resilience. Our Commitment Repair before growth. Empowerment over charity. Capability over dependency. Long-term systems over short-term interventions. Investment rather than assistance. Intergenerational thinking rather than immediate outcomes.
No consultation with stakeholders
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
5 August 2026
And signed on behalf of the board by:
Name: Grace Lourie
Status: Director