CLOSER COLLECTIVE CIC
CLOSER COLLECTIVE CIC
CLOSER COLLECTIVE CIC
Company limited by guarantee
Company Registration Number:
13666460 (England and Wales)
Unaudited statutory accounts for the year ended 31 March 2023
Period of accounts
Start date: 7 October 2021
End date: 31 March 2023
CLOSER COLLECTIVE CIC
Contents of the Financial Statements
for the Period Ended 31 March 2023
| Directors report | |
| Balance sheet | |
| Additional notes | |
| Balance sheet notes | |
| Community Interest Report |
CLOSER COLLECTIVE CIC
Directors' report period ended
The directors present their report with the financial statements of the company for the period ended 31 March 2023
Principal activities of the company
Directors
The directors shown below have held office during the whole of the period from
7 October 2021 to 31 March 2023
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
CLOSER COLLECTIVE CIC
Balance sheet
As at
| Notes | 18 months to 31 March 2023 | ||
|---|---|---|---|
| | £ | ||
| Current assets | |||
| Cash at bank and in hand: | | ||
| Total current assets: | | ||
| Creditors: amounts falling due within one year: | 3 | ( | |
| Net current assets (liabilities): | | ||
| Total assets less current liabilities: | | ||
| Total net assets (liabilities): | | ||
| Members' funds | |||
| Profit and loss account: | | ||
| Total members' funds: | |
The notes form part of these financial statements
CLOSER COLLECTIVE CIC
Balance sheet statements
The directors have chosen not to file a copy of the company's profit and loss account.
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
CLOSER COLLECTIVE CIC
Notes to the Financial Statements
for the Period Ended 31 March 2023
-
1. Accounting policies
Basis of measurement and preparation
These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101
CLOSER COLLECTIVE CIC
Notes to the Financial Statements
for the Period Ended 31 March 2023
-
2. Employees
18 months to 31 March 2023 Average number of employees during the period 0
CLOSER COLLECTIVE CIC
Notes to the Financial Statements
for the Period Ended 31 March 2023
3. Creditors: amounts falling due within one year note
| 18 months to 31 March 2023 | ||
|---|---|---|
| £ | ||
| Accruals and deferred income | | |
| Other creditors | | |
| Total | |
COMMUNITY INTEREST ANNUAL REPORT
CLOSER COLLECTIVE CIC
Company Number: 13666460 (England and Wales)
Year Ending: 31 March 2023
Company activities and impact
The company runs different ‘studios’ - projects that support feminist philanthropy, art, leadership, and activism (see more https://www.closerthanyouthink.co/) This year the studios focused on the following: Co-Leadership - a research report, website, and tool gallery that supports co-leaders in their practice. The project shares practical tips and lessons learned based on experiences of 25 different leaders. During the first month of the website launch, we had 4.8k visitors. The top visitors were from the US, UK, Canada, India, and Netherlands (see more at www.feministcoleadership.com)Garment Worker Solidarity - this is an ongoing project based on a podcast and digital campaign begun in 2020 to support garment workers during the COVID-19 pandemic. We continue to promote the project and collect donations that are redistributed to garment workers collectives around the world. So far we have distributed over £ 5k via donations (see more at https://rememberwhomadethem.com)In addition, we provided advising services to different feminist philanthropic institutions to strengthen their grantmaking and programmatic strategies and practices around the world. This includes: Setting up a pilot cohort initiative with artists and human rights defenders in Asia and the Pacific to shift narratives on issues of activism and feminism. Accompanying a community-led grantmaking initiative.Facilitating annual staff meetings and collective care initiatives to support reflection, wellbeing, connection, and care. Advising community-led funds on where they can mobilize more resources to support their mission.
Consultation with stakeholders
Our stakeholders are: Multigenerational practitioners, activists, organisations, groups and collectives working across Social Justice Movements around the world, particularly in the Arts and Cultural Production, Philanthropy, and Community Organizing.While we have not held formal consultations, we do our work based on principles of collaboration, participation, and diversity. For example, our co-leadership research involved 30+ leaders, practitioners, and artists from around the world including India, Pakistan, Peru, Kenya, Sierra Leone, Fiji, Malaysia, Cape Verde, Croatia, United States, United Kingdom, and more. Our work for the Equality Fund was to facilitate a community-based practice with other feminist and women’s funds from every continent to decide how to best use and share funds. Their inputs were used to design the grants portfolio and their feedback was collated into report to further inform future decisions. This report is available online here: https://equalityfund.ca/grantmaking/step-up-step-back-reimagining-non-competitive-grantmaking-in-community/
Directors' remuneration
The aggregate amount of fee paid to or receivable by directors in respect of qualifying services was £17,311.03.There were no transactions or payments for 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
5 July 2023
And signed on behalf of the board by:
Name: Swatee Deepak
Status: Director