LATCHMERE RECREATION CIC, WC1N 3AX : Companies House Number 13216011

Executive summary

LATCHMERE RECREATION CIC holds a distinctive position as a community interest company managing a council-leased cafe facility to reinvest in local recreational amenities. Its strategic advantages lie in its embedded community relationships and exclusive leasehold, which underpin a modest but stable revenue model. To realize growth, the company should deepen community programming, diversify activities, and pursue partnership and grant opportunities, while addressing financial constraints and operational capacity to ensure long-term sustainability and lease continuity.

Read the full AI analysis →

Shareholders' funds

£1,639

Balance sheet as at 2025-02-28

View full accounts →

What it does

Latchmere Recreation CIC (LARC CIC) was initially established to allow the voluntary constituted group Friends of Latchmere Recreation Ground to legally be able to enter into a formal contract for a cafe on Latchmere Recreation Ground. The Royal Borough of Kingston Council granted a 5-year head lease to LARC CIC for the kitchen & toilet block, and LARC CIC has a (mirror) sub-lease in place with a cafe operator. As part of the sub-lease, the cafe operator is required to pay a monthly contribution to LARC CIC, which LARC CIC uses to reinvest back into Latchmere Recreation Ground, for the benefit of the community. The cafe commenced trading on 6th November 2021. LARC CIC’s principal activities during the reporting period (01/03/24 to 29/02/25) were: regular engagement with the cafe operator, including progress meetings, to review cafe performance, compliance with the lease, and agree actions and future initiatives; managing the LARC CIC bank account and approving expenditure; preparing en

The company's own description, from its latest filed accounts.

Overview

Company type: PRI/LTD BY GUAR/NSC (Private, limited by guarantee, no share capital)
Incorporated: 2021-02-22
Employees: 0 (2025 accounts)
Registered office: 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX
Postcode: WC1N 3AX
Accounts category: Total Exemption Full