THE DEGREES INITIATIVE
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-08-17 (in 3mo)
Last made up 2025-08-03
Watchouts
None on the register
Cash
£5M
+106.4% vs 2023
Net assets
—
Equity attributable
Employees
7
+40% vs 2023
Profit before tax
—
Period ending 2024-12-31
Cash
2-year trend · vs Industrials median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £3,102,468 | £2,544,000 | |
| Operating profit | — | — | |
| Profit before tax | — | — | |
| Net profit | £2,216,607 | £1,287,393 | |
| Cash | £2,229,807 | £4,601,440 | |
| Total assets less current liabilities | — | — | |
| Net assets | — | — | |
| Equity | — | — | |
| Average employees | 5 | 7 | |
| Wages | £251,641 | £324,437 |
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
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Net margin | 71.4% | 50.6% |
Margins divide P&L lines by turnover. 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.
Audit & accounting basis
- Accounting basis
- FRS 102
- Reporting scope
- Standalone (parent only)
- Auditor
- Buzzacott Audit LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The trustees have concluded that there are no material uncertainties related to events or conditions that cast significant doubt on the ability of the charity to continue as a going concern. This is because of the reserves position of the charity at the end of the year and indications of the Board and the funders to continue the work of the charity into the foreseeable future. For this reason, The Degrees Initiative continues to adopt the going concern basis in the preparation of its financial statements.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
5 active · 3 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| HILTON, Mark Anthony | Director | 2021-03-24 | Jan 1969 | British |
| KADO, Jacqueline Alice Akinyi | Director | 2022-04-28 | Nov 1974 | Kenyan |
| MORTON, Oliver Edmund | Director | 2021-03-24 | Feb 1965 | British |
| MURPHY, Pauliina | Director | 2023-09-28 | Jul 1979 | Finnish |
| RAHMAN, Mohammed Mofizur | Director | 2023-09-28 | Apr 1981 | Bangladeshi |
Show 3 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| HUQ, Saleemul | Director | 2021-03-24 | 2023-10-28 |
| KADO, Jacqueline Alice Akinyi | Director | 2021-03-24 | 2021-03-29 |
| SHEPHERD, John Graham, Professor | Director | 2021-03-24 | 2023-07-20 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 22 total filings
Material constitutional events — rename, articles re-file, resolution
- 2021-11-04 RESOLUTIONS Resolution
- 2021-11-04 MA Memorandum articles
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2025-10-02 | AA | accounts | Accounts with accounts type full | |
| 2025-08-06 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2025-07-07 | AD01 | address | Change registered office address company with date old address new address | |
| 2025-07-02 | AD01 | address | Change registered office address company with date old address new address | |
| 2024-09-10 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-06-19 | AA | accounts | Accounts with accounts type full | |
| 2024-03-26 | AD01 | address | Change registered office address company with date old address new address | |
| 2023-11-09 | TM01 | officers | Termination director company with name termination date | |
| 2023-10-03 | AP01 | officers | Appoint person director company with name date | |
| 2023-10-02 | AA | accounts | Accounts with accounts type total exemption full | |
| 2023-09-28 | AP01 | officers | Appoint person director company with name date | |
| 2023-09-14 | TM01 | officers | Termination director company with name termination date | |
| 2023-08-08 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2023-03-08 | AA01 | accounts | Change account reference date company previous shortened | |
| 2023-01-03 | AA | accounts | Accounts with accounts type total exemption full | |
| 2022-08-12 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2022-05-11 | AP01 | officers | Appoint person director company with name date | |
| 2021-11-04 | RESOLUTIONS | resolution | Resolution | |
| 2021-11-04 | MA | incorporation | Memorandum articles | |
| 2021-08-05 | CS01 | confirmation-statement | Confirmation statement with updates |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 4
- Capital events
- 0
- Officers appointed
- 0
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-18%
£3,102,468 £2,544,000
-
Cash
+106.4%
£2,229,807 £4,601,440
-
Net assets
—
Not reported
-
Employees
+40%
5 7
-
Wages
+28.9%
£251,641 £324,437
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