for the Period Ended 30 April 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 April 2025
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
1 May 2024
to
30 April 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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| Cost of sales: |
(
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(
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| Gross profit(or loss): |
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| Distribution costs: |
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| Administrative expenses: |
(
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(
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| Other operating income: |
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| Operating profit(or loss): |
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| Interest receivable and similar income: |
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| Interest payable and similar charges: |
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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 | |||
| Intangible assets: |
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| Tangible assets: | 3 |
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| Investments: |
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| Total fixed assets: |
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| Current assets | |||
| Stocks: |
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| Debtors: |
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| Cash at bank and in hand: |
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| Total current assets: |
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| Prepayments and accrued income: |
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| Creditors: amounts falling due within one year: | 4 |
(
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(
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| Net current assets (liabilities): |
( |
( |
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| Total assets less current liabilities: |
( |
( |
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| Creditors: amounts falling due after more than one year: |
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| Provision for liabilities: |
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| Accruals and deferred income: |
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| Total net assets (liabilities): |
( |
( |
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| Members' funds | |||
| Profit and loss account: |
( |
( |
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| Total members' funds: |
( |
( |
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 April 2025
Basis of measurement and preparation
Turnover policy
Tangible fixed assets depreciation policy
Other accounting policies
for the Period Ended 30 April 2025
| 2025 | 2024 | |
|---|---|---|
| Average number of employees during the period |
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for the Period Ended 30 April 2025
| Land & buildings | Plant & machinery | Fixtures & fittings | Office equipment | Motor vehicles | Total | |
|---|---|---|---|---|---|---|
| Cost | £ | £ | £ | £ | £ | £ |
| At 1 May 2024 |
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| Additions |
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| Disposals | ||||||
| Revaluations | ||||||
| Transfers | ||||||
| At 30 April 2025 |
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| Depreciation | ||||||
| At 1 May 2024 |
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| Charge for year |
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| On disposals | ||||||
| Other adjustments | ||||||
| At 30 April 2025 |
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| Net book value | ||||||
| At 30 April 2025 |
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| At 30 April 2024 |
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for the Period Ended 30 April 2025
| 2025 | 2024 | |
|---|---|---|
| £ | £ | |
| Bank loans and overdrafts |
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| Other creditors |
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| Total |
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Innovai Events is a community interest company dedicated to improving the wellbeing, confidence, and social inclusion of marginalised communities across East London and Essex. During the financial year, Innovai delivered a range of activities aimed at supporting older adults (particularly those aged 60 and over), children and young people from low-income families, and individuals from the Windrush generation and wider Caribbean community. Key activities included: -Chair-based fitness and self-defence classes for older adults, improving physical strength, cognitive function, and reducing social isolation. -Karate classes for children and families on low incomes, providing structured physical activity that builds discipline, focus, and confidence, especially for those who would otherwise be unable to access extracurricular activities. -Cultural and community events for the Windrush generation, using arts, music, and social engagement to celebrate heritage, promote intergenerational dialogue, and support healing from generational trauma. These activities have benefited the community by: -Increasing access to physical activity and wellbeing services for those often excluded due to age, income, or background. -Reducing loneliness and promoting community connection. -Supporting children’s development and emotional regulation through structured discipline and physical activity. -Creating safe, inclusive spaces that encourage cultural pride and mutual understanding across diverse groups. Innovai continues to work in partnership with grassroots organisations and local networks to ensure projects are community-led, accessible, and responsive to local needs.
Stakeholders of Innovai Events include: -Older adults (60 and over), including members of the Windrush generation -Children and young people from low-income families -Parents and carers -Local community groups and grassroots organisations -Partner organisations and funders -Volunteers and facilitators Stakeholder Consultation: Innovai has engaged with its stakeholders through a range of consultation methods, including: -Informal feedback during and after sessions (e.g. discussions, feedback circles) -Surveys and feedback forms to gather insights on session quality, impact, and areas for improvement -Community drop-in sessions and pilot events, used to gauge interest and tailor future programming -Meetings with partner organisations and local authorities to align activities with community needs -Engagement via social media and community noticeboards for input and outreach Actions Taken in Response to Feedback: -Adapted physical activities (e.g. chair-based alternatives) to accommodate mobility needs of older adults -Introduced grading and progression in karate classes to improve children’s engagement and motivation -Expanded the geographical reach of activities into underserved areas across Essex and Redbridge -Developed new events tailored specifically to the needs and cultural experiences of the Windrush generation -Increased focus on wellbeing, community connection, and cultural relevance based on expressed community priorities
No remuneration was received
No transfer of assets other than for full consideration
This report was approved by the board of directors on
4 August 2026
And signed on behalf of the board by:
Name: Janice Irwin
Status: Director