COMMUNITY FINANCE COMPANY 1 PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  —

  Not reported

• Cash

  +1.7%

  £572,000 → £582,000

• Net assets

  +0.7%

  £401,000 → £404,000

• Employees

  —

  Not reported

• Profit before tax

  0%

  £4,000 → £4,000

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

1. COMMUNITY FINANCE COMPANY 1 PLC 2011-05-26 → present
2. COMMUNITY FINANCE COMPANY PLC 2010-12-03 → 2011-05-26

Accounting basis

UK adopted IAS

Reporting scope

Standalone (parent only)

Auditor

Grant Thornton

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“No material uncertainties related to events or conditions that may cast significant doubt about the ability of the Company to continue as a going concern have been identified by the Directors. The Directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its liabilities as they fall due for a 12 months period from the date of approval of these financial statements. Accordingly, the Directors are satisfied that the going concern basis remains appropriate for the preparation of these financial statements.”

Significant events

• “Global market conditions in 2024 were markedly different from the prior year. Volatility dominated (both in markets and in politics) amidst growing concern over geopolitics, record inflation, and rising rates.”
• “Geopolitical risks were heightened since 2023, driven by conflict between Russia and Ukraine, tensions between China and Hong Kong/Taiwan, and tensions between the United States ("US") and China. Due to the ongoing conflict between Russia and Ukraine there has been significant volatility in financial and commodities markets, and multiple jurisdictions have implemented various economic sanctions.”
• “Meanwhile, consumer prices continued to accelerate driven by elevated food and energy prices, with the UK Consumer Price Index rising by 2.5% in the 12 months to December 2024 down from 2.6% in the 12 months to November. The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 3.5% in the 12 months to December 2024, unchanged from November.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.