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POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. Financials

Company number
07873537Copy
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Registered office
Parklands Church Maes Y Gollen, Sketty, Swansea, Wales SA2 8HQ
Incorporated
07/12/2011

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

£33.65K2024
-14.21%vs 2023

2023: £39.22K

Total Assets

£59.93K2024
-19.63%vs 2023

2023: £74.57K

Cash in Bank

£29.91K2024
3.79%vs 2023

2023: £28.82K

Total Liabilities

£15.77K2024
2.84%vs 2023

2023: £15.34K

Employees

92024
0vs 2023

2023: 9

In 2024, POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. reported net assets of £33.65K. The same filing shows total assets of £59.93K, cash in bank of £29.91K and total liabilities of £15.77K. Reported headcount was 9 in 2024. Total Assets fell from £74.57K in 2023 to £59.93K in 2024 (-19.63%). 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

£33.65K2024
-14.21%from £39.22K 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 POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£51.56K2022£33.65K2024
-34.7%vs 2022

-19.2% a year compound (CAGR)

Cash in Bank

£41.97K2022£29.91K2024
-28.7%vs 2022

-15.6% a year compound (CAGR)

Total Assets

£89.83K2022£59.93K2024
-33.3%vs 2022

-18.3% a year compound (CAGR)

Total Liabilities

£17.11K2022£15.77K2024
-7.8%vs 2022

-4% a year compound (CAGR)

Employees

9202292024
0%vs 2022

Biggest decrease

Net Assets-34.7%

£51.56K in 2022 to £33.65K in 2024

Every measure that changed in POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C.'s filings between 2022 and 2024 fell. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets and total liabilities falling alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C.'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
56.14%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
26.32%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
189.61%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
49.91%2024

Reported cash in bank divided by reported total assets, for the latest year both were filed.

Revenue per employee
£36.64K2024

Reported turnover divided by the reported average number of employees, for the latest year both were filed. Shows how much revenue the business generates per employee.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£63.18K51.56K39.22K33.65K
Total Assets£83.67K89.83K74.57K59.93K
Cash in Bank£58.15K41.97K28.82K29.91K
Total Liabilities£9.86K17.11K15.34K15.77K
Employees7999

POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. financials: frequently asked questions

Answered from this company's own filed figures.

Has POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. filed financial statements?

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Yes. Okredo holds filed figures for POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

What net assets did POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. report in 2024?

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POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. reported net assets of £33.65K for 2024. That compares with £39.22K in 2023, a change of -14.21%.

What total assets did POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. report in 2024?

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POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. reported total assets of £59.93K for 2024. That compares with £74.57K in 2023, a change of -19.63%.

What cash in bank did POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. report in 2024?

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POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. reported cash in bank of £29.91K for 2024. That compares with £28.82K in 2023, a change of 3.79%.

How many people does POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. employ?

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POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. reported 9 employees in 2024, compared with 9 in 2023.

How have POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. financials changed over the last 3 years?

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Between 2022 and 2024, POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C.'s net assets fell by 34.7%, cash in bank fell by 28.7%, total assets fell by 33.3% and total liabilities fell by 7.8%. Net assets contracted at 19.2% a year across the two years to 2024, from £51.56K to £33.65K. Reported headcount went from 9 in 2022 to 9 in 2024.

Which years of POVERTY TO PURPOSE CHRISTIAN VENTURE C.I.C. financial data are available?

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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.