MABADILIKO CIC


MABADILIKO CIC

Company limited by guarantee

Company Registration Number:
11410674 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2021

Period of accounts

Start date: 1 July 2020

End date: 30 June 2021

MABADILIKO CIC

Contents of the Financial Statements

for the Period Ended 30 June 2021

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

MABADILIKO CIC

Directors' report period ended 30 June 2021

The directors present their report with the financial statements of the company for the period ended 30 June 2021

Principal activities of the company

The company's principal activity during the year continued to be running Cultural Humility Workshops, which provide organisations with a safe and brave space to discuss racism/ anti-racism, identity, personal values/ beliefs and oppression. These workshops upskill a diverse range of people to have effective conversations about race, reduce the potential risk of harmful discriminatory/ oppressive behaviours, and improve the safety and inclusion of minoritised groups.

Political and charitable donations

There were no political and charitable donations during the year under review.

Company policy on disabled employees

Although there are no other employees except the directors, the CIC has an equal opportunities policy.



Directors

The directors shown below have held office during the whole of the period from
1 July 2020 to 30 June 2021

Nadine Fontaine-Palmer
Hillna Fontaine


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
29 March 2022

And signed on behalf of the board by:
Name: Nadine Fontaine-Palmer
Status: Director

MABADILIKO CIC

Profit And Loss Account

for the Period Ended 30 June 2021

2021 2020


£

£
Turnover: 114,020 19,247
Cost of sales: ( 42,083 ) ( 150 )
Gross profit(or loss): 71,937 19,097
Administrative expenses: ( 60,619 ) ( 19,148 )
Operating profit(or loss): 11,318 (51)
Profit(or loss) before tax: 11,318 (51)
Profit(or loss) for the financial year: 11,318 (51)

MABADILIKO CIC

Balance sheet

As at 30 June 2021

Notes 2021 2020


£

£
Current assets
Debtors: 3 18,620 11,605
Cash at bank and in hand: 73,647 5,412
Total current assets: 92,267 17,017
Creditors: amounts falling due within one year: 4 ( 81,000 ) ( 17,068 )
Net current assets (liabilities): 11,267 (51)
Total assets less current liabilities: 11,267 ( 51)
Total net assets (liabilities): 11,267 (51)
Members' funds
Profit and loss account: 11,267 ( 51)
Total members' funds: 11,267 (51)

The notes form part of these financial statements

MABADILIKO CIC

Balance sheet statements

For the year ending 30 June 2021 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 29 March 2022
and signed on behalf of the board by:

Name: Nadine Fontaine-Palmer
Status: Director

The notes form part of these financial statements

MABADILIKO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2021

  • 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

MABADILIKO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2021

  • 2. Employees

    2021 2020
    Average number of employees during the period 2 2

MABADILIKO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2021

3. Debtors

2021 2020
£ £
Trade debtors 2,940
Other debtors 15,680 11,605
Total 18,620 11,605

MABADILIKO CIC

Notes to the Financial Statements

for the Period Ended 30 June 2021

4. Creditors: amounts falling due within one year note

2021 2020
£ £
Other creditors 81,000 17,068
Total 81,000 17,068

COMMUNITY INTEREST ANNUAL REPORT

MABADILIKO CIC

Company Number: 11410674 (England and Wales)

Year Ending: 30 June 2021

Company activities and impact

This year we further developed and delivered our core products: cultural humility workshops, which provide organisations with a safe and brave space to discuss racism / anti racism, identity personal values/beliefs and oppression. These workshops upscale a diverse range of people to have effective conversations about race, reduce the potential risk or painful discriminatory oppressive behaviours, and improve the safety and inclusion of minoritised groups. In 2020-21 we began a transformation of a cultural humility work by starting a feasibility exercise for the digitalisation of the programme - creating a prototype for blended e-learning approach. The effort has been highly resource intensive, but we believe it will produce the following benefits:1. Improved flexibility, reducing the commitments required to attend training during work hours.2. Reduce the cost which can be prohibitive for small business and non profit organisations working in increasingly diverse communities. This includes making mandatory training accessible new staff as part of on-boarding/induction.3. Increase the quality of our offerings making them more attractive to clients, including those from the private sector to help revenue generation.4. Increase effectiveness by providing ongoing support and guidance post training.5. Maintain the relevance of the content, by allowing us to update and refresh content.6. Enable us eventually to expand across the UK and then Europe and reach 500 plus new learners in the first year.7. Improve our financial sustainability, creating revenues that can be invested in our health equalities work, e.g. our Emotional Support Groups and our research arm.This year, we have extended our Cultural Humility offering through the provision of 1 to 1 nurturing cultural humility coaching for senior leaders. We have also started to apply our expertise to young people, e.g. through the delivery of digital learning resources for 13 to 18 year olds with a focus on building resilience. Further, we delivered several unconscious bias workshops and speaking engagements to public sector organisations, particularly in the field of mental health.The 2020-21 year has shown substantial growth in our community engagement and research arm, which seeks to deliver evidence-based insight studies, which understands the perspective of racially minoritised people at work and in the community. Examples include:1. An internal organisational equality survey to understand the risk of under representation of racial exclusion for a non-profit organisation. This survey has provided a blueprint for further work in this area moving forward.2. Several community insight studies including the Black African and Caribbean (BAAC) obesity insights study commissioned by Public Health Lewisham and the BAAC mental health insight study commissioned by South East London CCG.We continue to deliver several emotional support groups and resilience building workshops for black and Asian staff and community members to provide skills to manage the mental end emotional impact of discrimination and microaggressions. We also offered free one to one emotional support to BME community. We have been successful in having these services recommissioned by Lewisham IAPT and other commissioners.We have continued to be proactive in representing the BME community on the SlaM Independent Advisory Group, the Lewisham BME Network and the Mental Health Alliance.

Consultation with stakeholders

Our key stakeholders continue to be Public Health, NHS and SlaM. Following our advocacy work in the prior year, we are pleased that the above stakeholders are now taking proactive steps, with our support, to address known inequalities in their service provision. This has included attending our cultural humility workshops and funding emotional support and resilience building workshops. These stakeholders are primarily in the London Borough of Lewisham, however, through our work with them, we are now identifying opportunities to expand these networks across London.Through our cultural humility work and other programmes, we have increased our stakeholder landscape through commercial transactions, and we have now identified (and started to act upon) opportunities that are London-wide and across the UK.We are also able to engage with wider stakeholders, particularly in Lewisham, through board membership in the SlaM Independent Advisory Group, the Lewisham BME Network and the Mental Health Alliance. These groups are open to members of the public and are also usually attended by Black and Asian organisations in the area. We will continue to use these groups for consultation on our work including the forthcoming insight studies.

Directors' remuneration

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
7 March 2022

And signed on behalf of the board by:
Name: Nadine Fontaine-Palmer
Status: Director