NEW BEGINNINGS INCORPORATED 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

Consolidated group

Auditor

Armstrong Watson Audit Limited

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“The directors have prepared forecasts for twelve months post year end and as such the directors are confident that the company has adequate resources to continue in operational existence for the foreseeable future and at least the next twelve months. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.”

Group structure

1. NEW BEGINNINGS INCORPORATED LIMITED · parent
   1. N-Able (North East) Limited 100% · England · Human health activities
   2. New Beginnings (North East) Limited 100% · Social work activities
   3. N-Lighten (North East) Limited 100% · Healthcare education
   4. New Beginnings Specialist Services Limited 100% · Residential care activities for learning difficulties, mental health and substance absure
   5. Absolute Care Training & Education Limited 100% · Technical and vocational secondary education

Significant events

• “The most significant impact came from the increase in employers' National Insurance contributions, which placed additional pressure on overall costs and affected the organisation as a whole.”
• “the sad loss of four service users had an effect on income levels; however, we are pleased to have welcomed three new service users during the year, helping to restore stability and continuity.”
• “The new digital system, Care Control, is now fully up and running, and has shown constant improvement thanks to ongoing communication and support.”
• “A new telephone system has also been implemented from the same supplier who provided our computer systems in the previous year, further streamlining internal and external communications.”
• “N-Gage has continued to grow its reputation within the community and strengthen its partnerships. We have developed a close relationship with North Standard, who kindly donated funds to help with the running of the Whey Aye Lego Man event and to support repairs and maintenance at our community allotment.”
• “The allotment itself has been a real success story this year, winning Best Community Project at the Allotment and Garden Festival hosted by Newcastle Council, and taking third place in the Most Wildlife-Friendly Plot category, a testament to our ongoing commitment to sustainability and biodiversity, with the addition of a new pond being a wonderful enhancement.”
• “The Whey Aye Lego Man event was once again a highlight of the year. The Mayor of Newcastle attended, and it proved to be another successful occasion, with many service users taking photographs of Lego characters around the city, which were then sold at the event.”
• “The exhibition also received external recognition, winning the Creative Arts category at the Markel 3rd Sector Awards 2025, an achievement that reflects the creativity, enthusiasm, and inclusivity that N-Gage stands for.”
• “We were also proud to retain our Outstanding rating following the recent CQC inspection. This result reflects the hard work, commitment, and compassion of our entire team.”
• “The impact of this dedication can be seen in the lives of our service users, one achieving a remarkable 13-stone weight loss through healthy eating and exercise, another taking their first holiday at the age of 31, and many enjoying weekly social days filled with bingo, discos, and games.”

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

Filings

2

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

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

• Turnover

  +9.2%

  £14,852,764 → £16,217,473

• Cash

  -12.7%

  £931,968 → £814,011

• Net assets

  +9.9%

  £654,554 → £719,240

• Employees

  +4%

  399 → 415

• Operating profit

  +1.3%

  £1,011,015 → £1,024,541

• Profit before tax

  +1.4%

  £1,009,164 → £1,023,239

• Wages

  +9.2%

  £11,423,827 → £12,472,551

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