MASTERING DIVERSITY CIC

Company limited by guarantee

Company Registration Number:
15942912 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2025

Period of accounts

Start date: 9 September 2024

End date: 30 September 2025

MASTERING DIVERSITY CIC

Contents of the Financial Statements

for the Period Ended 30 September 2025

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

MASTERING DIVERSITY CIC

Directors' report period ended 30 September 2025

The directors present their report with the financial statements of the company for the period ended 30 September 2025

Principal activities of the company

The principal activity of the Community Interest Company (CIC) is to support marginalised communities, ensuring equal opportunities and access to essential social support in Wales. There is also a focus on diversity, equity and inclusion (EDI), community empowerment and organisational transformation. Mastering Diversity hosts and organises conferences and awards to achieve these objectives.



Directors

The director shown below has held office during the period of
1 June 2025 to 30 September 2025

Mr Ipadeola Jolapamo


The directors shown below have held office during the period of
18 November 2024 to 30 September 2025

Mr Mark John Davies
Mr Andrew Frazer Martin


The director shown below has held office during the period of
9 November 2024 to 12 November 2024

Ms Lisa Annette Brunt


The director shown below has held office during the whole of the period from
9 September 2024 to 30 September 2025

Mrs Dahlia Allison Bernadette Davies


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
30 September 2026

And signed on behalf of the board by:
Name: Mrs Dahlia Allison Bernadette Davies
Status: Director

MASTERING DIVERSITY CIC

Profit And Loss Account

for the Period Ended 30 September 2025

13 months to 30 September 2025


£
Turnover: 47,036
Cost of sales: ( 48,236 )
Gross profit(or loss): (1,200)
Operating profit(or loss): (1,200)
Profit(or loss) before tax: (1,200)
Profit(or loss) for the financial year: (1,200)

MASTERING DIVERSITY CIC

Balance sheet

As at 30 September 2025

Notes 13 months to 30 September 2025


£
Net current assets (liabilities):  
Total assets less current liabilities:
Accruals and deferred income: ( 1,200 )
Total net assets (liabilities): (1,200)
Members' funds
Profit and loss account: (1,200)
Total members' funds: ( 1,200)

The notes form part of these financial statements

MASTERING DIVERSITY CIC

Balance sheet statements

For the year ending 30 September 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 30 September 2026
and signed on behalf of the board by:

Name: Mrs Dahlia Allison Bernadette Davies
Status: Director

The notes form part of these financial statements

MASTERING DIVERSITY CIC

Notes to the Financial Statements

for the Period Ended 30 September 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

MASTERING DIVERSITY CIC

Notes to the Financial Statements

for the Period Ended 30 September 2025

  • 2. Employees

    13 months to 30 September 2025
    Average number of employees during the period 4

COMMUNITY INTEREST ANNUAL REPORT

MASTERING DIVERSITY CIC

Company Number: 15942912 (England and Wales)

Year Ending: 30 September 2025

Company activities and impact

Mastering Diversity CIC is a Welsh community interest company established in September 2024 to advance diversity, equity and inclusion through education, community engagement, recognition of inclusive practice and cross-sector collaboration. Its work creates opportunities for people with different backgrounds and lived experiences to share knowledge, identify barriers and contribute to a more inclusive Wales. 1. Mastering Diversity Awards 2024 The Mastering Diversity Awards were held at Senedd Cymru on 16 October 2024. The awards recognised individuals and organisations contributing to diversity, equity and inclusion across business, public services, education, sport, community activity and other fields. They provided a platform to highlight inclusive practice, recognise community contributions and share examples that could inform and encourage others. 2. Free EDI training in partnership with Tramshed Tech During the reporting period, the CIC delivered five EDI training sessions led by its Founder be-tween November 2024 and April 2025. Sessions took place across three Tramshed Tech ven-ues: Griffin Place in Newport, Goodsheds in Barry and the Palace Building in Swansea. The training explored allyship, privilege and workplace change, providing opportunities to develop understanding of inclusion and discuss practical challenges. Engagement with participants also identified gaps in EDI knowledge and understanding. These insights informed the focus of the 2025 conference and brought potential award nominees to the Founder’s attention. 3. Mastering Diversity Conference 2025 The CIC delivered the Mastering Diversity Conference on 11 September 2025 at the Royal Welsh College of Music & Drama in Cardiff. The programme brought together community representatives, people sharing lived experience, businesses, public-sector organisations, educators and policymakers through presentations, themed zones, panel discussions and networking. The conference provided opportunities to exchange knowledge, explore barriers to inclusion and connect community perspectives with organisations able to contribute expertise and sup-port. Partner feedback subsequently informed the CIC’s planning for future events. 4. Global Empowerment and Inclusion Summit partnership Mastering Diversity CIC contributed as a knowledge partner to the Global Empowerment and Inclusion Summit held at the Palais des Nations in Geneva on 26 June 2025. The summit was convened by TechCeFaCos Group and curated by the Founder, Bernie Davies, who also serves as TechCeFaCos Group’s Patron and Main Representative to the United Nations. The partnership created opportunities for Welsh community and professional perspectives to contribute to international discussions on inclusion, leadership and sustainable development. TechCeFaCos Group holds ECOSOC Special Consultative Status; this status belongs to TechCeFaCos Group entirely. 5. Documentary and lived-experience storytelling The CIC’s wider work includes the Diverse Voices documentary, developed through collabora-tion between Bernie Davies and filmmaker Georgios Dimitropoulos. The documentary draws on interviews, case studies and discussions connected with Mastering Diversity’s work, provid-ing a means of sharing community experiences and exploring barriers to inclusion beyond the conference setting. Any production milestones included as activities within this reporting period have been con-firmed against the production records. The full public screening at the November 2025 awards took place after the year-end and should be treated as a subsequent development, but it was produced well within the accounting period. 6. Public conversations and digital engagement Mastering Diversity’s LinkedIn Live discussions and social media activity provide additional platforms for sharing professional knowledge and lived experience. Topics featured on the website include public-service inclusion, youth mental health, period dignity, representation and social cohesion. For this report, specific broadcasts should be included only where their dates fall within the re-porting period. Publicising zone content and using LinkedIn Live sessions as part of the re-sponse to conference consultation were improvements implemented for the 2026 conference. 7. Advisory expertise and cross-sector partnerships During its establishment and development, the CIC brought together an advisory panel with ex-pertise across business, finance, health, technology, education, community inclusion and me-dia. Its partnerships supported opportunities for knowledge exchange, event participation and connections between community voices and professional organisations. This collaborative approach helped the CIC develop its activities around both specialist exper-tise and lived experience. 8. Preparation for the Mastering Diversity Awards 2025 Work undertaken before the year-end included nomination and preparation activity for the 2025 awards. This continued the CIC’s work to identify and recognise contributions to inclusive communities, workplaces and services. The awards ceremony itself took place at Senedd Cymru on 18 November 2025, outside this reporting period. Please review the placement of the documentary and digital-engagement wording and resolve the points in item 9 before finalising the report. The 2026 conference, youth enterprise survey, July 2026 UN address and football initiative beginning in October 2025 should remain separate from activities delivered during this reporting period.

Consultation with stakeholders

The company’s stakeholders include community participants, conference delegates, sponsors, partner organisations, speakers, volunteers and training participants involved in its work to advance diversity, equity and inclusion. During the reporting period ended 30 September 2025, consultation took place through engagement with training participants and email correspondence with conference partners and sponsors. Mastering Diversity CIC delivered five EDI training sessions led by its Founder between November 2024 and April 2025, across Tramshed Tech venues in Newport, Barry and Swansea. Along-side imparting knowledge, these sessions provided opportunities to hear participants’ experiences and identify gaps in EDI knowledge and understanding. These insights informed the focus of the 2025 conference and brought potential award nominees to the Founder’s attention. Feedback following the 2025 conference recognised the value of the event while identifying opportunities to review the zone structure, support partner participation and improve audience engagement. The Founder acknowledged this feedback and circulated it to the Board for consideration. Further discussion with partners was proposed to inform future planning. Subsequent developments – outside the reporting period In response to this consultation, changes were implemented for the September 2026 conference. Partners and sponsors explained their zone activities on stage during the morning ceremony, helping delegates make informed choices about participation. LinkedIn Live sessions and social media posts also publicised zone content well in advance of the conference. These changes were intended to improve awareness of the programme, increase the visibility of partner contributions and support engagement with the zones.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
30 September 2026

And signed on behalf of the board by:
Name: Mrs Dahlia Allison Bernadette Davies
Status: Director