THE UBELE INITIATIVE C.I.C.Active
Key figures
Ratios
2023/24Balance sheet structure
Filed accounts2019/20–2023/24
| 2019/20 | 2023/24 | |
|---|---|---|
| Turnover | — | 3,017,973 |
| Cash at bank and in hand | 126,841 | 1,021,542 |
| Total assets | 236,782 | 1,590,787 |
| Total liabilities | — | 1,512,146 |
| Net assets / total equity | 3,500 | 78,641 |
| Average number of employees | 4 | 17 |
A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.
Principal activity
Accounts 2024The principal activity of the company is The Ubele Initiative is a social enterprise that supports the development and growth of individuals, community-based groups and organisations through the delivery of intergenerational leadership initiatives, capacity support, enterprise and asset development. All income from grants, trading, commissions, donations and commercial programmes is applied towards the activities and objectives of the company.
As described in the company's latest filed accounts.
Summary: THE UBELE INITIATIVE C.I.C.
Company
THE UBELE INITIATIVE C.I.C. is a community interest company registered with Companies House under company number 09035399. It was incorporated on 12 May 2014. Its status is active. The registered office is in London (N22). Its nature of business (SIC 2007) is cultural education (85520).
Accounts
The latest accounts in the database are for 2023/24 (period ending 31 Mar 2024); the company files small company accounts. Turnover was £3,017,973. Net assets were £78,641, up 2,146.9% on the previous year. Cash at bank and in hand was £1,021,542. Total assets were £1,590,787 and total liabilities £1,512,146. The company had an average of 17 employees. Figures are available for 2 financial years (2019/20–2023/24).
Control and charges
2 persons with significant control are registered.
Filing deadlines
The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 26 May 2027.