Hitchin Initiative Limited in Hitchin, SG5 1HR

Description

Data updated on: 01-11-2023

Located in 1a Churchyard, Hitchin SG5 1HR Hitchin Initiative Limited is classified as a Pri/ltd By Guar/nsc (private, Limited By Guarantee, No Share Capital) issued a 03100655 Companies House Reg No. The firm was set up on 1995/09/11. The business name of the firm got changed in the year 2009 to Hitchin Initiative Limited. This enterprise previous name was Hitchin Town Centre Initiative. This business's classified under the NACE and SIC code 94110 meaning Activities of business and employers membership organizations. The company's latest financial reports describe the period up to Thursday 31st March 2022 and the latest annual confirmation statement was submitted on Sunday 10th September 2023.

The limited company owes its accomplishments and constant improvement to five directors, specifically Simon K., Emma T., Kevin M. and 2 other directors who might be found below, who have been supervising the company since March 2022. Furthermore, the director's tasks are aided with by a secretary - John S., who was chosen by the following limited company on 1995/10/02.

Previous company's names
Hitchin Initiative Limited 2009-06-03
Hitchin Town Centre Initiative Limited 1995-09-11

Financial data based on annual reports

Profit & Loss
Date of Accounts	2016-03-31	2017-03-31	2018-03-31	2019-03-31	2020-03-31	2021-03-31	2022-03-31	2023-03-31
Currency

Balance Sheet
Cash Bank On Hand	59 011	33 058	21 994	348	12 650	18 725	25 409	11 826
Current Assets	89 201	59 713	38 850	36 541	54 086	30 806	38 409	30 268
Debtors	28 421	40 423	14 932	33 803	39 046	8 179	11 500	10 295
Other Debtors				33 803	39 046	8 119	8 130	7 226
Property Plant Equipment	643	42 283	37 143	29 432	26 402	18 570	10 483	2 890
Total Inventories	1 769	1 000	1 924	2 390	2 390	3 902	1 500	8 147

Other Financial Data
Accumulated Depreciation Impairment Property Plant Equipment	21 743	21 937	29 660	37 371	45 664	54 145	62 232	70 043
Average Number Employees During Period		9	2	2	1	3	3	4
Bank Overdrafts				3 709
Creditors	4 402	36 716	4 375	12 234	8 890	7 438	15 558	16 851
Fixed Assets	644	42 284	37 144	29 433	26 403	18 571	10 484	2 891
Future Minimum Lease Payments Under Non-cancellable Operating Leases			18 000	18 723	18 000	18 000	18 000	18 000
Increase From Depreciation Charge For Year Property Plant Equipment		194	7 723	7 711	8 293	8 481	8 087	7 811
Investments Fixed Assets	1	1	1	1	1	1	1	1
Investments In Group Undertakings				1	1	1	1	1
Net Current Assets Liabilities	84 799	37 765	34 475	24 307	45 196	23 368	22 851	13 417
Other Creditors				8 368	8 549	7 214	14 932	14 367
Other Taxation Social Security Payable				157	341	224	626	2 484
Profit Loss				-17 879
Property Plant Equipment Gross Cost	22 386	64 220	66 803	66 803	72 066	72 715	72 715	72 933
Total Additions Including From Business Combinations Property Plant Equipment		41 834	2 583		5 263	649		218
Total Assets Less Current Liabilities	85 443	80 049	71 619	53 740	71 599	41 939	33 335	16 308
Trade Debtors Trade Receivables						60	3 370	3 069
Bank Borrowings Overdrafts				3 709