How much does Brighter Futures Foundation CIC make?

Brighter Futures Foundation CIC reported revenue of £765k and £78.6k profit in the year to 31 Jul 2024, according to its accounts filed at Companies House.

How many employees does Brighter Futures Foundation CIC have?

Brighter Futures Foundation CIC reported an average of 7 employees in the year to 31 Jul 2024.

Is Brighter Futures Foundation CIC profitable?

Yes — Brighter Futures Foundation CIC reported a profit of £78.6k in the year to 31 Jul 2024.

Company No. 12763301 · Incorporated 23 Jul 2020

Brighter Futures Foundation CIC

Registered name: BRIGHTER FUTURES FOUNDATION CIC

Brighter Futures Foundation CIC made £765k revenue and £78.6k profit in the year to 31 Jul 2024.

Brighter Futures Foundation CIC’s revenue grew 104% to £765k in the year to 31 Jul 2024, with £78.6k profit and 7 employees. The company is classified under “unlicensed restaurants and cafes” and is based in London; we hold 2 years of its filed accounts.

Full P&L filedSection I · Accommodation and food servicesSIC 56102Unlicensed restaurants and cafes SIC 88100Social work activities without accommodation for the elderly and disabled

Status: Active
Location: London, London
Age: 6 yrs · since 2020
Type: Community Interest Company

Latest accounts · year to 31 Jul 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£765k

Growth ▲104.4%

Profit

£78.6k

Growth ▲92.6%

Profit margin

10.3%

Gross 45.2%

Employees

Change 0%

Profit / employee

£11.2k

Revenue/employee £109k

Profitable streak

2yrs

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

2 filed years

Financial history

Multi-year financials, oldest to newest
Year to	31 Jul 2023	31 Jul 2024
Disclosure	Full P&L	Full P&L
Profit & loss
Revenue (turnover)	£374k	£765k
Cost of sales	£169k	£420k
Gross profit	£205k	£346k
Operating profit	£49.2k	£102k
Profit before tax	£49.3k	£102k
Profit after tax	£40.8k	£78.6k
Profit (best available)	£40.8k	£78.6k
Employees (average)	7	7
Ratios
Profit margin	10.9%	10.3%
Gross margin	54.8%	45.2%
Revenue per employee	£53.5k	£109k
Profit per employee	£5.8k	£11.2k
Growth (year on year)
Revenue growth	—	▲104.4%
Profit growth	—	▲92.6%
Headcount growth	—	0%
Balance sheet — indirect signals, not revenue
Cash at bank	£11.7k	£27.1k
Net assets	£31.1k	£110k
Fixed assets	£1.6k	£25.3k
Current assets	£75.2k	£152k
Debtors	£63.3k	£120k
Deferred income	£12.4k	£7.4k
Source	FullAccounts · bulk data Apr 2025	FullAccounts · bulk data Apr 2025

Derived from the latest filing

How the business works

Profit margin: 10.3%; Profit ÷ revenue.
Gross margin: 45.2%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: £109k; Revenue ÷ average employees.
Profit per employee: £11.2k; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.3%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 15.7%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

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: ▲253%; Now £110k
Cash at bank: ▲131%; Now £27.1k
Headcount: 0%; Now 7
Deferred income: ▼40%; Now £7.4k
Fixed assets: ▲1439%; Now £25.3k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 31 Jul 2024 (profit £78.6k), from the Companies House accounts bulk data published Apr 2025. 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.