THE WORK AVENUE FOUNDATION Financials
- Company number
- 09595853CopyCopy
- Registered office
- First Floor, Winston House, 349 Regents Park Road, London N3 1DH
- Incorporated
- 18/05/2015
Company snapshot
- Status
- Active
- Employees
- 16 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
-34.84%vs 20222022: £611.48K
Total Assets
-8.13%vs 20222022: £1.32M
Cash in Bank
-26.88%vs 20222022: £475.27K
Total Liabilities
14.79%vs 20222022: £712.76K
Employees
+1vs 20222022: 15
In 2023, THE WORK AVENUE FOUNDATION reported net assets of £398.46K. The same filing shows total assets of £1.22M, cash in bank of £347.51K and total liabilities of £818.15K. Reported headcount was 16 in 2023. Net Assets fell from £611.48K in 2022 to £398.46K in 2023 (-34.84%). Okredo holds filed figures for 2021–2023; 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
-34.84%from £611.48K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures THE WORK AVENUE FOUNDATION filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
-40.9%vs 2021-23.1% a year compound (CAGR)
Cash in Bank
-11.6%vs 2021-6% a year compound (CAGR)
Total Assets
-4.9%vs 2021-2.5% a year compound (CAGR)
Total Liabilities
+35.1%vs 2021+16.2% a year compound (CAGR)
Employees
+14.3%vs 2021+2Biggest increase
Total Liabilities+35.1%
£605.46K in 2021 to £818.15K in 2023
Biggest decrease
Net Assets-40.9%
£674.30K in 2021 to £398.46K in 2023
THE WORK AVENUE FOUNDATION's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, 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 THE WORK AVENUE FOUNDATION'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
- 32.75%2023
- 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
- 67.25%2023
- 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
- 42.47%2023
- 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
- 28.56%2023
- 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 THE WORK AVENUE FOUNDATION by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 674.30K | 611.48K | 398.46K |
| Total Assets£ | 1.28M | 1.32M | 1.22M |
| Cash in Bank£ | 393.18K | 475.27K | 347.51K |
| Total Liabilities£ | 605.46K | 712.76K | 818.15K |
| Employees | 14 | 15 | 16 |
THE WORK AVENUE FOUNDATION financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for THE WORK AVENUE FOUNDATION covering 2021–2023, across 5 reported indicators. The most recent reported year is 2023.
THE WORK AVENUE FOUNDATION reported net assets of £398.46K for 2023. That compares with £611.48K in 2022, a change of -34.84%.
THE WORK AVENUE FOUNDATION reported total assets of £1.22M for 2023. That compares with £1.32M in 2022, a change of -8.13%.
THE WORK AVENUE FOUNDATION reported cash in bank of £347.51K for 2023. That compares with £475.27K in 2022, a change of -26.88%.
THE WORK AVENUE FOUNDATION reported 16 employees in 2023, compared with 15 in 2022.
Between 2021 and 2023, THE WORK AVENUE FOUNDATION's net assets fell by 40.9%, cash in bank fell by 11.6%, total assets fell by 4.9% and total liabilities rose by 35.1%. Net assets contracted at 23.1% a year across the two years to 2023, from £674.30K to £398.46K. Reported headcount went from 14 in 2021 to 16 in 2023 (+2).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.