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THE ISLAMIC ASSOCIATION OF LINCOLN Financials

Company number
11084296Copy
Copy
Registered office
Lincoln Central Mosque & Cultural Centre, Dixon Street, Lincoln, Lincolnshire LN6 7DA
Incorporated
27/11/2017

Company snapshot

Status
Active
Employees
9 (2024)
Latest financial data
2024
Accounts type
Micro Entity

Financial highlights

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

Net Assets

£3.72M2024
1.26%vs 2023

2023: £3.67M

Total Assets

£3.73M2024
1.23%vs 2023

2023: £3.68M

Total Liabilities

£11.04K2024
-7.97%vs 2023

2023: £12.00K

Employees

92024
-1vs 2023

2023: 10

In 2024, THE ISLAMIC ASSOCIATION OF LINCOLN reported net assets of £3.72M. The same filing shows total assets of £3.73M and total liabilities of £11.04K. Reported headcount was 9 in 2024. Net Assets rose from £3.67M in 2023 to £3.72M in 2024 (1.26%). 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

£3.72M2024
1.26%from £3.67M 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 THE ISLAMIC ASSOCIATION OF LINCOLN filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£3.63M2022£3.72M2024
+2.6%vs 2022

+1.3% a year compound (CAGR)

Total Assets

£3.63M2022£3.73M2024
+2.6%vs 2022

+1.3% a year compound (CAGR)

Total Liabilities

£8.34K2022£11.04K2024
+32.4%vs 2022

+15.1% a year compound (CAGR)

Employees

8202292024
+12.5%vs 2022+1

Biggest increase

Total Liabilities+32.4%

£8.34K in 2022 to £11.04K in 2024

Every indicator Okredo holds for THE ISLAMIC ASSOCIATION OF LINCOLN rose between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, with net assets, total assets and employee numbers climbing alongside it. See the full year-by-year figures.

Ratios from the filed figures

Calculated from THE ISLAMIC ASSOCIATION OF LINCOLN'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
99.70%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
0.30%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.

Financial history

Every indicator Okredo tracks, year by year.

Reported financial indicators for THE ISLAMIC ASSOCIATION OF LINCOLN by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£3.59M3.63M3.67M3.72M
Total Assets£3.64M3.63M3.68M3.73M
Cash in Bank£––––
Total Liabilities£50.79K8.34K12.00K11.04K
Employees78109

THE ISLAMIC ASSOCIATION OF LINCOLN financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for THE ISLAMIC ASSOCIATION OF LINCOLN covering 2021–2024, across 4 reported indicators. The most recent reported year is 2024.

THE ISLAMIC ASSOCIATION OF LINCOLN reported net assets of £3.72M for 2024. That compares with £3.67M in 2023, a change of 1.26%.

THE ISLAMIC ASSOCIATION OF LINCOLN reported total assets of £3.73M for 2024. That compares with £3.68M in 2023, a change of 1.23%.

THE ISLAMIC ASSOCIATION OF LINCOLN reported total liabilities of £11.04K for 2024. That compares with £12.00K in 2023, a change of -7.97%.

THE ISLAMIC ASSOCIATION OF LINCOLN reported 9 employees in 2024, compared with 10 in 2023.

Between 2022 and 2024, THE ISLAMIC ASSOCIATION OF LINCOLN's net assets rose by 2.6%, total assets rose by 2.6%, total liabilities rose by 32.4% and employee numbers rose by 12.5%. Net assets compounded at 1.3% a year across the two years to 2024, from £3.63M to £3.72M. Reported headcount went from 8 in 2022 to 9 in 2024 (+1).

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.