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INDIAN COMMUNITY CENTRE ASSOCIATION Financials

Company number
04660951Copy
Copy
Registered office
29 Arboretum Street, Nottingham, Nottinghamshire NG1 4JA
Incorporated
10/02/2003

Company snapshot

Status
Active
Employees
9 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£320.20K2024
0.95%vs 2023

2023: £317.20K

Total Assets

£331.09K2024
0.39%vs 2023

2023: £329.82K

Cash in Bank

£90.54K2024
87.17%vs 2023

2023: £48.37K

Total Liabilities

£4.67K2024
41.73%vs 2023

2023: £3.30K

Employees

92024
-5vs 2023

2023: 14

In 2024, INDIAN COMMUNITY CENTRE ASSOCIATION reported net assets of £320.20K. The same filing shows total assets of £331.09K, cash in bank of £90.54K and total liabilities of £4.67K. Reported headcount was 9 in 2024. Cash in Bank rose from £48.37K in 2023 to £90.54K in 2024 (87.17%). Okredo holds filed figures for 2021–2024; the table below lists every reported indicator by year. See every reported indicator by year.

Financial performance

Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.

Net Assets

£320.20K2024
0.95%from £317.20K in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures INDIAN COMMUNITY CENTRE ASSOCIATION filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£309.04K2022£320.20K2024
+3.6%vs 2022

+1.8% a year compound (CAGR)

Cash in Bank

£54.48K2022£90.54K2024
+66.2%vs 2022

+28.9% a year compound (CAGR)

Total Assets

£317.82K2022£331.09K2024
+4.2%vs 2022

+2.1% a year compound (CAGR)

Total Liabilities

£3.46K2022£4.67K2024
+35.2%vs 2022

+16.3% a year compound (CAGR)

Employees

14202292024
-35.7%vs 2022-5

Biggest increase

Cash in Bank+66.2%

£54.48K in 2022 to £90.54K in 2024

Biggest decrease

Employees-35.7%

14 in 2022 to 9 in 2024

INDIAN COMMUNITY CENTRE ASSOCIATION's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.

Ratios from the filed figures

Calculated from INDIAN COMMUNITY CENTRE ASSOCIATION's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.

Net assets to total assets
96.71%2024
Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
Liabilities to total assets
1.41%2024
Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Cash to liabilities
1,937.58%2024
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
Cash to total assets
27.35%2024
Reported cash in bank divided by reported total assets, for the latest year both were filed.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for INDIAN COMMUNITY CENTRE ASSOCIATION by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£311.10K309.04K317.20K320.20K
Total Assets£323.45K317.82K329.82K331.09K
Cash in Bank£67.68K54.48K48.37K90.54K
Total Liabilities£6.40K3.46K3.30K4.67K
Employees814149

INDIAN COMMUNITY CENTRE ASSOCIATION financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for INDIAN COMMUNITY CENTRE ASSOCIATION covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

INDIAN COMMUNITY CENTRE ASSOCIATION reported net assets of £320.20K for 2024. That compares with £317.20K in 2023, a change of 0.95%.

INDIAN COMMUNITY CENTRE ASSOCIATION reported total assets of £331.09K for 2024. That compares with £329.82K in 2023, a change of 0.39%.

INDIAN COMMUNITY CENTRE ASSOCIATION reported cash in bank of £90.54K for 2024. That compares with £48.37K in 2023, a change of 87.17%.

INDIAN COMMUNITY CENTRE ASSOCIATION reported 9 employees in 2024, compared with 14 in 2023.

Between 2022 and 2024, INDIAN COMMUNITY CENTRE ASSOCIATION's net assets rose by 3.6%, cash in bank rose by 66.2%, total assets rose by 4.2% and total liabilities rose by 35.2%. Net assets compounded at 1.8% a year across the two years to 2024, from £309.04K to £320.20K. Reported headcount went from 14 in 2022 to 9 in 2024 (-5).

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.