LINK COMMUNITY CENTRE CIC Financials
- Company number
- 11097662Copy
Copy - Registered office
- Unit 2, Second Floor, Hat Works,, 47 Guildford Street, Luton LU1 2NQ
- Incorporated
- 05/12/2017
Company snapshot
- Status
- Active
- Employees
- 4 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-93.22%vs 20232023: £14.54K
Total Assets
35.71%vs 20232023: £33.42K
Cash in Bank
58.33%vs 20232023: £26.75K
Total Liabilities
134.96%vs 20232023: £18.88K
Employees
+1vs 20232023: 3
In 2024, LINK COMMUNITY CENTRE CIC reported net assets of £986.00. The same filing shows total assets of £45.35K, cash in bank of £42.35K and total liabilities of £44.37K. Reported headcount was 4 in 2024. Total Liabilities rose from £18.88K in 2023 to £44.37K in 2024 (134.96%). 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
-93.22%from £14.54K in 2023Year-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 LINK COMMUNITY CENTRE CIC filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-9.7%vs 2022-5% a year compound (CAGR)
Cash in Bank
+232%vs 2022+82.1% a year compound (CAGR)
Total Assets
+135%vs 2022+53.2% a year compound (CAGR)
Total Liabilities
+143%vs 2022+56% a year compound (CAGR)
Employees
+33.3%vs 2022+1Biggest increase
Cash in Bank+232%
£12.77K in 2022 to £42.35K in 2024
Biggest decrease
Net Assets-9.7%
£1.09K in 2022 to £986.00 in 2024
LINK COMMUNITY CENTRE CIC'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 net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from LINK COMMUNITY CENTRE CIC'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
- 2.17%2024
- Liabilities to total assets
- 97.83%2024
- Cash to liabilities
- 95.46%2024
- Cash to total assets
- 93.39%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.
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.
Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
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 LINK COMMUNITY CENTRE CIC by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | -719.00 | 1.09K | 14.54K | 986.00 |
| Total Assets£ | 10.69K | 19.32K | 33.42K | 45.35K |
| Cash in Bank£ | 7.24K | 12.77K | 26.75K | 42.35K |
| Total Liabilities£ | 11.41K | 18.23K | 18.88K | 44.37K |
| Employees | 1 | 3 | 3 | 4 |
LINK COMMUNITY CENTRE CIC financials: frequently asked questions
Answered from this company's own filed figures.
Has LINK COMMUNITY CENTRE CIC filed financial statements?
Yes. Okredo holds filed figures for LINK COMMUNITY CENTRE CIC covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
What net assets did LINK COMMUNITY CENTRE CIC report in 2024?
LINK COMMUNITY CENTRE CIC reported net assets of £986.00 for 2024. That compares with £14.54K in 2023, a change of -93.22%.
What total assets did LINK COMMUNITY CENTRE CIC report in 2024?
LINK COMMUNITY CENTRE CIC reported total assets of £45.35K for 2024. That compares with £33.42K in 2023, a change of 35.71%.
What cash in bank did LINK COMMUNITY CENTRE CIC report in 2024?
LINK COMMUNITY CENTRE CIC reported cash in bank of £42.35K for 2024. That compares with £26.75K in 2023, a change of 58.33%.
How many people does LINK COMMUNITY CENTRE CIC employ?
LINK COMMUNITY CENTRE CIC reported 4 employees in 2024, compared with 3 in 2023.
How have LINK COMMUNITY CENTRE CIC financials changed over the last 3 years?
Between 2022 and 2024, LINK COMMUNITY CENTRE CIC's net assets fell by 9.7%, cash in bank rose by 232%, total assets rose by 135% and total liabilities rose by 143%. Net assets contracted at 5% a year across the two years to 2024, from £1.09K to £986.00. Reported headcount went from 3 in 2022 to 4 in 2024 (+1).
Which years of LINK COMMUNITY CENTRE CIC financial data are available?
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.