NEWPORT LIVE

• ◆

  4 officer resignations in last 12 months

  Multiple officers have left the board recently — see the People section for who.

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

Menzies LLP, Statutory Auditors

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the trustees' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the charitable company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “Newport Live reported an overall deficit of £121, 127 (2024: deficit of £48,707).”
• “Newport Live made a further pay award during the year to 31 March 2025.”
• “Newport Live achieved a 15% growth in health and wellbeing memberships.”
• “Newport Live were awarded the Gold insport Award by Disability Sport Wales.”
• “In July 2024, Newport Live hosted Team GB's Track Cycling team who represented the nation at the Paris Olympics 2024.”
• “In April 2024, the Connect Centre became a base location for a Primary School displaced from their location whilst their school is rebuilt.”
• “During the year, Newport Live transitioned from a legacy telephony system to launching a new internet-based telephony solution, Dialpad.”
• “Newport Live upgraded our IT security firewall.”
• “Newport Tennis Centre were recipients of Tennis Wales Competition of the Year award for the 2024 Regional Visually Impaired competition.”

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

Filings

10

last 12 months

Capital events

0

last 24 months

Officers appointed

2

last 12 months

Officers resigned

4

last 12 months

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

• Turnover

  +9.4%

  £8,724,223 → £9,542,467

• Cash

  +0.8%

  £3,434,470 → £3,460,974

• Net assets

  -4.9%

  £2,484,162 → £2,363,035

• Employees

  +2.8%

  290 → 298

• Wages

  +9.2%

  £4,943,148 → £5,400,226

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