NEWGROUND CICActive

Company number 02584952Community interest companyIncorporated 1991

Key figures

£1,449,669+43.1%
Net assets 2023/24
+43.1%
Average annual growth 2022/23–2023/24
0500 k1 m1.5 m2022/232023/24

Ratios

2023/24
Balance sheet structure
Current assetsFixed assetsLiabilitiesNet assets
02 m4 m2022/232023/24
Filed accounts2022/23–2023/24
2022/232023/24
Turnover4,632,6374,523,268
Cash at bank and in hand1,146,9391,978,642
Total assets3,012,4933,742,181
Total liabilities1,990,0412,278,722
Net assets / total equity1,012,9521,449,669
Average number of employees122112

A dash (—) means no accounts were filed for that year or the item is not in the accounts; 0 is a zero stated in the accounts. Small companies usually file only a balance sheet, so the profit and loss account is often missing.

Principal activity

Accounts 2024

The principal object of Newground CIC is to carry out activities which benefit communities and to operate as a social enterprise to enable its parent charity to meet its objectives, which are: 1. To promote for the benefit of the public the conservation, protection and improvement of the physical and natural environment anywhere in the north of England. 2. To promote for the benefit of the public urban or rural regeneration in areas of social and economic deprivation anywhere in the north of England by all or any of the following means: - the relief of financial hardship; - the relief of unemployment; - the advancement of education, training or retraining, particularly among unemployed people, and providing unemployed people with work experience; - the provision of financial assistance, technical assistance or business advice or consultancy in order to provide training and employment opportunities for unemployed people in cases of financial or other charitable need through help: (i) in setting up their own business, or (ii) to existing businesses; - the creation of training and employment opportunities by the provision of workspace, buildings, and/or land for use on favourable terms; - the maintenance, improvement or provision of public amenities; - the protection or conservation of the environment; - the promotion of health, welfare and personal development opportunities for persons living within those areas; and - such other means as may from time to time be determined subj

As described in the company's latest filed accounts.

Summary: NEWGROUND CIC

Company

NEWGROUND CIC is a community interest company registered with Companies House under company number 02584952. It was incorporated on 22 Feb 1991. Its status is active. The registered office is in Blackburn (BB1). Its nature of business (SIC 2007) is environmental consulting activities (74901).

Accounts

The latest accounts in the database are for 2023/24 (period ending 31 Mar 2024); the company files small company accounts. Turnover was £4,523,268. Net assets were £1,449,669, up 43.1% on the previous year. Cash at bank and in hand was £1,978,642. Total assets were £3,742,181 and total liabilities £2,278,722. The company had an average of 112 employees. Figures are available for 2 financial years (2022/23–2023/24).

Control and charges

One person with significant control is registered.

Filing deadlines

The next accounts are due by 31 Dec 2026. The next confirmation statement is due by 10 Feb 2027.