Friends of the Horn Foundation CIC
Registered name: FRIENDS OF THE HORN FOUNDATION CIC
Friends of the Horn Foundation CIC made £21.8k revenue and a £450 loss in the year to 31 May 2026.
Friends of the Horn Foundation CIC’s revenue fell 80% to £21.8k in the year to 31 May 2026, with a loss of £450 and 2 employees. The company is classified under “other social work activities without accommodation” and is based in London; we hold 5 years of its filed accounts.
- Status
- Active
- Location
- London, London
- Age
- 10 yrs · since 2016
- Type
- Community Interest Company
Key figures
Badges are automated estimates derived from the filed figures — not statements of fact about the company.
Financial history
| Year to | 31 May 2022 | 31 May 2023 | 31 May 2024 | 31 May 2025 | 31 May 2026 |
|---|---|---|---|---|---|
| Disclosure | Full P&L | Full P&L | Full P&L | Full P&L | Full P&L |
| Profit & loss | |||||
| Revenue (turnover) | £94.4k | £128k | £107k | £107k | £21.8k |
| Gross profit | £94.4k | £128k | £107k | £107k | £21.8k |
| Operating profit | £3.4k | £5k | £1.7k | £553 | −£450 |
| Profit before tax | £3.4k | £5k | £1.7k | £553 | −£450 |
| Profit after tax | £3.4k | £5k | £1.7k | £553 | −£450 |
| Profit (best available) | £3.4k | £5k | £1.7k | £553 | −£450 |
| Employees (average) | 2 | 2 | 2 | 2 | 2 |
| Ratios | |||||
| Profit margin | 3.6% | 3.9% | 1.6% | 0.5% | −2.1% |
| Gross margin | 100% | 100% | 100% | 100% | 100% |
| Revenue per employee | £47.2k | £64k | £53.3k | £53.5k | £10.9k |
| Profit per employee | £1.7k | £2.5k | £870 | £276 | −£225 |
| Growth (year on year) | |||||
| Revenue growth | — | ▲35.5% | ▼16.8% | ▲0.4% | ▼79.7% |
| Profit growth | — | ▲45.1% | ▼65.2% | ▼68.2% | ▼181.4% |
| Headcount growth | — | 0% | 0% | 0% | 0% |
| Balance sheet — indirect signals, not revenue | |||||
| Cash at bank | £6.7k | £11.7k | £13.5k | £14k | £13.6k |
| Net assets | £6.7k | £11.7k | £13.5k | £14k | £13.6k |
| Current assets | £6.7k | £11.7k | £13.5k | £14k | £13.6k |
| Source | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Dec 2023 | FullAccounts · bulk data Aug 2024 | FullAccounts · bulk data Jul 2025 | FullAccounts · bulk data Jul 2026 |
How the business works
- Profit margin
- −2.1%
- Profit ÷ revenue.
- Gross margin
- 100%
- Gross profit ÷ revenue. High for software and services.
- Revenue per employee
- £10.9k
- Revenue ÷ average employees.
- Profit per employee
- −£225
- Profit ÷ average employees.
- Cash conversion
- —
- Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
- Fixed assets ÷ revenue
- —
- Capital intensity. Low = capital-light, cheaper to start.
- Deferred income ÷ revenue
- —
- Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
- Debtors ÷ revenue
- —
- Money owed by customers. Low = customers pay quickly.
Balance-sheet signals
Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.
- Net assets
- ▼3%
- Now £13.6k
- Cash at bank
- ▼3%
- Now £13.6k
- Headcount
- 0%
- Now 2
- Deferred income
- —
- Now —
- Fixed assets
- —
- Now —
Sources
Latest figures from FullAccounts for the year to 31 May 2026 (profit −£450), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.
Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.