Tyneside Ignite Cheerleading CIC

Active12487950Arts & recreationIncorporated 27 Feb 2020 · East Boldon

During the financial year, Tyneside Ignite Cheerleading CIC has provided a safe, inclusive, and engaging environment for children and young people within the local community. Our activities have encouraged participation in physical exercise, helping to improve both physical health and overall wellbeing. We have created opportunities for children of all abilities to get involved in cheerleading, promoting teamwork, confidence, and social development. Many of our participants have built friendships, improved self-esteem, and developed discipline through regular training and group activities. The CIC has also supported working families by offering structured, affordable sessions that provide a positive outlet for children outside of school hours. By keeping costs accessible, we have ensured that more families within the community can benefit from our services, regardless of background. In addition, we have fostered a strong sense of community by bringing families together through events, performances, and competitions. These activities not only celebrate the children’s achievements but also encourage community engagement and pride. Overall, our work this year has had a positive impact on both the physical and mental wellbeing of young people, while strengthening connections within the local community.

Revenue

£141k

▲ +66.7% vs prior ~12m period

Profit after tax

-£1k

Margin -0.9%

Employees

9

– 0.0% vs prior ~12m period

Net assets

-£11k

Total assets £5k

Financial history

Revenue by accounting period

5 periods available · ▲ growth ▼ decline

Feb 2021
£5k
Feb 2022
Not available
Feb 2023
£85k
Feb 2024
£141k▲ +66.7%
Feb 2025
Not available
Period endRevenueGrowthProfit before taxEmployeesNet assets
28 Feb 2025———9-£11k
29 Feb 2024£141k▲ +66.7%-£1k9-£539
28 Feb 2023£85k—£2889£777
28 Feb 2022———7£489
28 Feb 2021£5k—-£86-£8

Latest available figures

Period ending 29 Feb 2024. “Not available” means the figure is not in the accounts we hold. We do not estimate missing figures.

Profit & loss

Revenue
£141k
Gross profit
£81k
Operating profit
-£1k
Profit before tax
-£1k
Profit after tax
-£1k

Balance sheet

Total assets
£5k
Cash
£4k
Total liabilities
£15k
Net assets
-£11k
Revenue per employee
Not available

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