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SPORTING CHANCE NORTH EAST C.I.C. Financials

Company number
10408012Copy
Copy
Registered office
Scne Cowgate Community Centre, Houghton Avenue, Newcastle Upon Tyne NE5 3UT
Incorporated
03/10/2016

Company snapshot

Status
Active
Employees
7 (2024)
Latest financial data
2024
Accounts type
Total Exemption Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£9.99K2024
5.42K%vs 2023

2023: £181.00

Total Assets

£43.15K2024
4.05%vs 2023

2023: £41.47K

Cash in Bank

£4.66K2024
46.11%vs 2023

2023: £3.19K

Total Liabilities

£18.71K2024
-15.52%vs 2023

2023: £22.15K

Employees

72024
0vs 2023

2023: 7

In 2024, SPORTING CHANCE NORTH EAST C.I.C. reported net assets of £9.99K. The same filing shows total assets of £43.15K, cash in bank of £4.66K and total liabilities of £18.71K. Reported headcount was 7 in 2024. Net Assets rose from £181.00 in 2023 to £9.99K in 2024 (5.42K%). Okredo holds filed figures for 2021–2024; 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

£9.99K2024
5.42K%from £181.00 in 2023

Year-on-year change

Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.

3-year financial trend (2022–2024)

How the figures SPORTING CHANCE NORTH EAST C.I.C. filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£8.63K2022£9.99K2024
+15.8%vs 2022

+7.6% a year compound (CAGR)

Cash in Bank

£8.95K2022£4.66K2024
-47.9%vs 2022

-27.8% a year compound (CAGR)

Total Assets

£9.93K2022£43.15K2024
+335%vs 2022

+108% a year compound (CAGR)

Total Liabilities

£813.002022£18.71K2024
+2202%vs 2022

+380% a year compound (CAGR)

Employees

7202272024
0%vs 2022

Biggest increase

Total Liabilities+2202%

£813.00 in 2022 to £18.71K in 2024

Biggest decrease

Cash in Bank-47.9%

£8.95K in 2022 to £4.66K in 2024

SPORTING CHANCE NORTH EAST C.I.C.'s filings pull in both directions between 2022 and 2024. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in cash in bank, pointing to a tighter cash position. See the full year-by-year figures.

Ratios from the filed figures

Calculated from SPORTING CHANCE NORTH EAST C.I.C.'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
23.14%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
43.37%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
24.91%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
10.80%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 SPORTING CHANCE NORTH EAST C.I.C. by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£4.67K8.63K181.009.99K
Total Assets£5.89K9.93K41.47K43.15K
Cash in Bank£4.67K8.95K3.19K4.66K
Total Liabilities£611.00813.0022.15K18.71K
Employees5777

SPORTING CHANCE NORTH EAST C.I.C. financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for SPORTING CHANCE NORTH EAST C.I.C. covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

SPORTING CHANCE NORTH EAST C.I.C. reported net assets of £9.99K for 2024. That compares with £181.00 in 2023, a change of 5.42K%.

SPORTING CHANCE NORTH EAST C.I.C. reported total assets of £43.15K for 2024. That compares with £41.47K in 2023, a change of 4.05%.

SPORTING CHANCE NORTH EAST C.I.C. reported cash in bank of £4.66K for 2024. That compares with £3.19K in 2023, a change of 46.11%.

SPORTING CHANCE NORTH EAST C.I.C. reported 7 employees in 2024, compared with 7 in 2023.

Between 2022 and 2024, SPORTING CHANCE NORTH EAST C.I.C.'s net assets rose by 15.8%, cash in bank fell by 47.9%, total assets rose by 335% and total liabilities rose by 2202%. Net assets compounded at 7.6% a year across the two years to 2024, from £8.63K to £9.99K. Reported headcount went from 7 in 2022 to 7 in 2024.

Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.