ONGO COMMUNITIES LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Crowe U.K. LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“Given the strength of the balance sheet and liquidity the Board believes that while there is some uncertainty in respect of inflationary pressures and future funding opportunities these do not pose a material uncertainty that would cast doubt on the charity's ability to continue as a going concern. The charity's financial performance in the year proved resilient and on this basis the Board has a reasonable expectation that the charity has adequate resources to continue in operational existence for the foreseeable future, being a period of twelve months after the date on which the report and financial statements are signed. For this reason, it continues to adopt the going concern basis in the financial statements.”

Group structure

1. ONGO COMMUNITIES LIMITED · parent
   1. Ongo Recruitment Limited 100% · England and Wales · Recruitment consultancy
   2. Crosby Brokerage Limited 100% · England and Wales · Business services

Significant events

• “We were successful in gaining funding of £174k to deliver wellbeing support in our communities over two years. This funding aims to support over 200 people to stop smoking.”
• “We also were funded for £55k from the Glasspool charity to purchase items to help our tenants to be more comfortable in their homes such as white goods, furniture and carpets. Due to the success of these two projects they have been extended into next year with additional funding secured.”
• “We delivered the final year of the Multiply project, supporting 110 people to improve their numeracy skills through a range of courses and activities.”
• “Our two community buildings, The Arc... and the Viking Centre... have become the heart of the communities, delivering service to meet the needs of our tenants and residents of both estates including a café, training and social activities for all ages.”
• “Our in-house social enterprise agency and wholly owned subsidiary, Ongo Recruitment, was successful in donating circa £43k of surplus funds to Ongo Communities that will be used to fund some of the skills and personal development team staff.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

2

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +3%

  £1,366,627 → £1,407,337

• Cash

  —

  Not reported

• Net assets

  +15.8%

  £685,337 → £793,300

• Employees

  +8.6%

  35 → 38

• Wages

  +9.5%

  £884,029 → £968,345

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers