NORTHERN IRELAND FOREST SCHOOL ASSOCIATION Financials
- Company number
- NI070571CopyCopy
- Registered office
- Nifsa, Dendron Lodge, Clandeboye Estate, Bangor, Co. Down BT19 1RN
- Incorporated
- 22/09/2008
Company snapshot
- Status
- Active
- Employees
- 15 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2022–2024.
Net Assets
-21.40%vs 20232023: £141.88K
Total Assets
-20.20%vs 20232023: £149.29K
Cash in Bank
-6.09%vs 20232023: £112.51K
Total Liabilities
2.81%vs 20232023: £7.41K
Employees
+2vs 20232023: 13
In 2024, NORTHERN IRELAND FOREST SCHOOL ASSOCIATION reported net assets of £111.51K. The same filing shows total assets of £119.13K, cash in bank of £105.66K and total liabilities of £7.62K. Reported headcount was 15 in 2024. Net Assets fell from £141.88K in 2023 to £111.51K in 2024 (-21.40%). Okredo holds filed figures for 2022–2024; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
-21.40%from £141.88K in 2023Year-on-year change
Net Assets as filed for 2022–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures NORTHERN IRELAND FOREST SCHOOL ASSOCIATION filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-9.2%vs 2022-4.7% a year compound (CAGR)
Cash in Bank
+0.3%vs 2022+0.1% a year compound (CAGR)
Employees
+25%vs 2022+3Biggest increase
Employees+25%
12 in 2022 to 15 in 2024
Biggest decrease
Net Assets-9.2%
£122.81K in 2022 to £111.51K in 2024
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION's filings pull in both directions between 2022 and 2024. The steepest rise came in employee numbers, pointing to an expanding team, set against a fall in net assets, pointing to a weakening balance sheet. See the full year-by-year figures.
Ratios from the filed figures
Calculated from NORTHERN IRELAND FOREST SCHOOL ASSOCIATION's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 93.60%2024
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 6.40%2024
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
- Cash to liabilities
- 1,386.39%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 88.69%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for NORTHERN IRELAND FOREST SCHOOL ASSOCIATION by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2022 | 2023 | 2024 |
|---|---|---|---|
| Net Assets£ | 122.81K | 141.88K | 111.51K |
| Total Assets£ | – | 149.29K | 119.13K |
| Cash in Bank£ | 105.36K | 112.51K | 105.66K |
| Total Liabilities£ | – | 7.41K | 7.62K |
| Employees | 12 | 13 | 15 |
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for NORTHERN IRELAND FOREST SCHOOL ASSOCIATION covering 2022–2024, across 5 reported indicators. The most recent reported year is 2024.
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION reported net assets of £111.51K for 2024. That compares with £141.88K in 2023, a change of -21.40%.
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION reported total assets of £119.13K for 2024. That compares with £149.29K in 2023, a change of -20.20%.
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION reported cash in bank of £105.66K for 2024. That compares with £112.51K in 2023, a change of -6.09%.
NORTHERN IRELAND FOREST SCHOOL ASSOCIATION reported 15 employees in 2024, compared with 13 in 2023.
Between 2022 and 2024, NORTHERN IRELAND FOREST SCHOOL ASSOCIATION's net assets fell by 9.2%, cash in bank rose by 0.3% and employee numbers rose by 25%. Net assets contracted at 4.7% a year across the two years to 2024, from £122.81K to £111.51K. Reported headcount went from 12 in 2022 to 15 in 2024 (+3).
Okredo holds reported figures for the years 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.