FLAARE CIC

Company limited by guarantee

Company Registration Number:
14549784 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2025

Period of accounts

Start date: 1 January 2025

End date: 31 December 2025

FLAARE CIC

Contents of the Financial Statements

for the Period Ended 31 December 2025

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

FLAARE CIC

Directors' report period ended 31 December 2025

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

Directors

The directors shown below have held office during the whole of the period from
1 January 2025 to 31 December 2025

A McCosker
I Fernandes


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
28 August 2026

And signed on behalf of the board by:
Name: A McCosker
Status: Director

FLAARE CIC

Profit And Loss Account

for the Period Ended 31 December 2025

2025 2024


£

£
Turnover: 18,319 10,000
Cost of sales: ( 4,536 ) ( 4,728 )
Gross profit(or loss): 13,783 5,272
Distribution costs: 0 0
Administrative expenses: ( 10,464 ) ( 1,233 )
Other operating income: 0 0
Operating profit(or loss): 3,319 4,039
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 3,319 4,039
Tax: ( 630 ) ( 768 )
Profit(or loss) for the financial year: 2,689 3,271

FLAARE CIC

Balance sheet

As at 31 December 2025

Notes 2025 2024


£

£
Fixed assets
Intangible assets:   0 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 0 0
Current assets
Stocks:   0 0
Debtors:   0 0
Cash at bank and in hand: 11,944 12,893
Investments:   0 0
Total current assets: 11,944 12,893
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 3 ( 1,629 ) ( 767 )
Net current assets (liabilities): 10,315 12,126
Total assets less current liabilities: 10,315 12,126
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: ( 300 ) ( 4,800 )
Total net assets (liabilities): 10,015 7,326
Members' funds
Profit and loss account: 10,015 7,326
Total members' funds: 10,015 7,326

The notes form part of these financial statements

FLAARE CIC

Balance sheet statements

For the year ending 31 December 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 28 August 2026
and signed on behalf of the board by:

Name: A McCosker
Status: Director

The notes form part of these financial statements

FLAARE CIC

Notes to the Financial Statements

for the Period Ended 31 December 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

FLAARE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 2 0

FLAARE CIC

Notes to the Financial Statements

for the Period Ended 31 December 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 630 767
Accruals and deferred income 0 0
Other creditors 999
Total 1,629 767

COMMUNITY INTEREST ANNUAL REPORT

FLAARE CIC

Company Number: 14549784 (England and Wales)

Year Ending: 31 December 2025

Company activities and impact

The main activity undertaken in the financial year, was the rollout of a series of workshops for youth workers the Youth Worker Accelerator. As well an 8-week programme: ‘Be A Boss’ with support from circular fashion brand Reskinned, delivered in Haringey. To build on work from 2024, in 2025 FLAARE looked to support more young people through supporting youth workers (many of whom see over 100 young people a week).The culumination of 2024’s trailing of concepts led to a 6-month Youth Worker Accelerator in 2025. A cohort of youth workers were supported with 6 learning and development sessions, and 6-months of professional mentorship from mentors at Avanade. In the first session, held in-person at Avanade’s London offices focused on Leadership, Purpose and Growth Mindset. Session 2 focused on ‘Delivering Feedback and Self-Awareness’. Session 3 on ‘Communicating with Impact’ including a focus on storytelling and pitching to internal and external stakeholders. Session 4 focused on ‘Project and Programme Management’, core skills for all youth workers, particularly those in looking for management positions or promotions. Session 5 looked to ‘Account Management and Partnerships’ and included guest speaker Lucy Davies from the British Red Cross, discussing Corporate Partnerships. The final session, was also held at Avanade’s London Office and was a presentation of the youth worker’s dream pitch. Pitches included a new programme for Haringey Council; a charity concept that one participant had been developing with her mentor; and a cafe-youth hub space. In 2025 FLAARE also ran an 8 week programme: ‘Be A Boss’ in Harginey with brand partner Reskinned. The key objective is bringing business education to life for underrepresented young people in an engaging way. We deliver this through dynamic, creative teaching practices and partnerships with inspiring role models from different businesses and industries. This programme enabled 16 young people (12-17 years old) to join weekly in person sessions with members of the Reskinned team. During the 8-week programme, Flaare ran workshops featuring members of Reskinned from across business functions, (including Founders, Head of Operations, Marketing, Social Media, and Finance). In week-one, FLAARE ran a trip to the Reskinned warehouse in Canning Town where young people were involved with clothes sorting and participated in a fashion show. In the 7-weeks following, FLAARE’s workshops built on this experience to develop the young peoples’ understanding of what is involved in running a small, creative, brand with sustainability and and profit as core drivers to mission. The practical element of the programme had the participants working in youth ‘agencies’ responding to a creative business brief, set by Reskinned (who also provided face-to-face mentorship throughout). The brief focused young people on solving for one of three sustainability challenges: fast fashion, circular economy, and landfill. Participants were educated about the framework and purpose of both business plans and advocacy campaigns. They were tasked with crafting either one in relation to their chosen topic. The programme concluded with young people delivering Dragon's Den presentations hosted in the Wood Green Library Creative Hub and judged by key stakeholders from Reskinned (including Founders and Head of Marketing). The programmes successes included increases in participants teamwork skills, presentation skills, confidence and first time experiences of a workplace.

Consultation with stakeholders

FLAARE CIC's stakeholders are: - Young people across London - Our sponsor Avanade - Youth workers across London, primarily from Haringey council. - Haringey Council - Our brand partner Reskinned Young people who participated Be A Boss gave feedback after the programme. Some testimonials that we recorded included: - "It was really fun, every lesson was special and different. It was a great experience" - "It was good...I learnt how to be confident" - "I learnt how to present myself in front of a group of business owners" - Every participant said that they enjoyed the session and would like to take part in another FLAARE session. Reskinned, as the brand partner to Be A Boss: "I really enjoyed the experience of working with the young people on this programme and it was great to see how well they worked together collaboratively to build their pitches, ensuring everyone in the group was included - a great example of teamwork. They listened well to feedback, taking our pointers on board to help develop their ideas and were always keen to learn more. I was really impressed with how confident they were for their age and their understanding of the issues and solutions within the fashion industry. I hope they all continue to want to learn even more about sustainability! Amazing work from everyone involved." Michelle, Operations Director Avanade is a technology consultant and was the primary sponsor of FLAARE CIC in the year ending December 2025. Based on work in 2024, our continued relationship with Avanade's Citizenship team enabled the sponsorship of the Youth Worker Leadership Accelerator, and provision of volunteer mentors for the youth workers. Feedback received on the Accelerator from Avanade colleagues included: - "exposed to something so different from my day to day" - "great employee development, really good and created a sense of belonging (at Avanade)" - "Both Dee and Davina are amazingly talented, strong women. I feel very lucky to have met them. Thank you for the connection" - "(Mentoring is) an energising thing to do" Feedback from Avanade colleagues included areas to improve: FLAARE needed to set stronger expectations of mentors, and communicate more frequently. Youth workers are a key stakeholder for FLAARE, as we continue to build new ways to support them and the essential work they complete for young people. - "This accelerator enabled me to look at things in a different way" - "Mentors helped exchange and build" - "Learnt a lot from (the others in the cohort)" - "Pushed me to throw caution to the wind" - "Building confidence for next time"

Directors' remuneration

Directors remuneration paid was £9,000 There were no other transactions or arrangements in connection with the remuneration of directors, or compensation, for directors’ 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
28 August 2026

And signed on behalf of the board by:
Name: A McCosker
Status: Director