KICKSTART LONDON COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12704374 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2025

Period of accounts

Start date: 1 July 2024

End date: 30 June 2025

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 30 June 2025

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Directors' report period ended 30 June 2025

The directors present their report with the financial statements of the company for the period ended 30 June 2025

Additional information

During the year, the director identified that certain expenses paid by individuals who had previously held office on behalf of the company in the prior year were not fully recognised in the accounting records at the time they were incurred. As a result, director loan liabilities and retained earnings were misstated in the comparative figures. This misstatement relates solely to the recognition and timing of director-funded expenses. The prior-period error has been corrected by restating the comparative balances and adjusting the opening balance of retained earnings. The correction does not affect cash balances or reported turnover. The director and the wider Kickstart team continue to focus on expanding the company’s programs, strengthening its community impact, and exploring additional initiatives to support young and obsessed founders.



Directors

The director shown below has held office during the whole of the period from
1 July 2024 to 30 June 2025

Peter Ashiagbor


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
29 December 2025

And signed on behalf of the board by:
Name: Peter Ashiagbor
Status: Director

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Balance sheet

As at 30 June 2025

Notes 2025 2024


£

£
Current assets
Cash at bank and in hand: 215 611
Total current assets: 215 611
Creditors: amounts falling due within one year: 3 ( 7,299 ) ( 2,923 )
Net current assets (liabilities): (7,084) (2,312)
Total assets less current liabilities: (7,084) ( 2,312)
Total net assets (liabilities): (7,084) (2,312)
Members' funds
Profit and loss account: (7,084) ( 2,312)
Total members' funds: ( 7,084) (2,312)

The notes form part of these financial statements

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 30 June 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 29 December 2025
and signed on behalf of the board by:

Name: Peter Ashiagbor
Status: Director

The notes form part of these financial statements

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2025

  • 2. Employees

    2025 2024
    Average number of employees during the period 0 0

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 30 June 2025

3. Creditors: amounts falling due within one year note

2025 2024
£ £
Other creditors 7,299 2,923
Total 7,299 2,923

During the year, certain expenses paid personally by office holders on behalf of the company were settled. Amounts repaid in the prior year totalled £1,375, and amounts repaid in the current year total £69. These repayments relate solely to director-funded expenses and have been properly recognised in the accounts following adjustments to prior year figures.

COMMUNITY INTEREST ANNUAL REPORT

KICKSTART LONDON COMMUNITY INTEREST COMPANY

Company Number: 12704374 (England and Wales)

Year Ending: 30 June 2025

Company activities and impact

Kickstart operates as a non-profit startup incubator and hacker house, accelerating the work of obsessed young people with an average age of 21 who are building to solve scientific, technological, and societal challenges. We exists to identify, connect, and support high-potential founders and builders at an early stage, with a particular focus on individuals who would otherwise lack access to elite networks, mentorship, and capital. During the reporting period, the company delivered the Founders Under 24 programme, supporting 40 selected participants from a highly competitive national applicant pool. Participants were provided with structured mentorship from experienced founders, including individuals who have previously built unicorn-scale companies, alongside specialist speakers covering technology, company formation, fundraising, and execution. The programme was delivered on a no-fee and no-equity basis, ensuring accessibility and alignment with the company’s community interest purpose. Participants received practical support including co-working arrangements, access to software and technology perks, curated introductions, and ongoing referrals for technical, commercial, and fundraising support. The programme culminated in a demo day attended by approximately 40 venture capital firms and individual investors, providing founders with the opportunity to pitch their work and form relationships with long-term capital partners. The programme delivered measurable community benefit. Several fellows have since gone on to raise six-figure investment rounds, join fast-growing startups in founding or early technical teams, and receive national and international recognition, including features in publications such as Forbes. Now a decade in, alumni of the wider Kickstart Global community have built companies with a combined valuation in excess of $500 million, with backers including leading global investors. The Kickstart team believes that enabling high-potential young people to meet, collaborate, and build together produces long-term positive outcomes for the UK innovation ecosystem. The company’s activities directly support talent development, entrepreneurship, and the creation of future high-impact businesses, consistent with its community interest objectives. The people building the future should know one another and have their work accelerated. That is why we exists.

Consultation with stakeholders

We have placed significant emphasis on continuous engagement with its beneficiaries and wider stakeholder community. Throughout the reporting period, the company actively consulted with programme participants (“fellows”), mentors, speakers, and ecosystem partners through direct conversations, informal feedback sessions, and ongoing dialogue during and after programme delivery. Fellows were encouraged to provide candid feedback on programme structure, mentorship quality, community experience, and operational delivery. This feedback was collected primarily through direct conversations and recurring feedback loops rather than formal surveys, reflecting the small, high-trust nature of the community. Feedback from participants consistently highlighted the value of the community itself, the density of ambitious peers, and access to experienced founders. Insights gathered through this consultation have directly influenced the company’s strategic direction. In particular, feedback indicated that the company’s greatest strength lies in cultivating a focused, high-signal, and tightly connected founder community. As a result, the directors have decided to prioritise building a more streamlined and deeper community experience in the year ahead, rather than expanding participant numbers. One fellow summarised this sentiment as follows: “To be fair, all the cracked founders I know are already in Kickstart.” Again we have been told: “It's rare to attend an event and feel as though you need to speak with EVERYONE in the room. Incredibly high signal.” We this ongoing consultation process essential to ensuring that the company’s activities remain aligned with the needs of its community and continue to deliver meaningful public benefit.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
29 December 2025

And signed on behalf of the board by:
Name: Peter Ashiagbor
Status: Director