How much does Forgiving C.I.C. make?

Forgiving C.I.C. reported revenue of £45k and £823 profit in the year to 30 Nov 2024, according to its accounts filed at Companies House.

How many employees does Forgiving C.I.C. have?

Forgiving C.I.C. reported an average of 0 employees in the year to 30 Nov 2024.

Is Forgiving C.I.C. profitable?

Yes — Forgiving C.I.C. reported a profit of £823 in the year to 30 Nov 2024.

Company No. 13007031 · Incorporated 10 Nov 2020

Forgiving C.I.C.

Registered name: FORGIVING C.I.C.

Forgiving C.I.C. made £45k revenue and £823 profit in the year to 30 Nov 2024.

Forgiving C.I.C.’s revenue grew 800% to £45k in the year to 30 Nov 2024, with £823 profit and 0 employees. The company is classified under “other accommodation” and is based in Birmingham; we hold 4 years of its filed accounts.

Full profit & loss filedSection I · Accommodation and food servicesSIC 55900Other accommodation SIC 63990Other information service activities n.e.c.SIC 85590Other education n.e.c.SIC 85600Educational support services

Status: Active
Location: Birmingham, West Midlands
Age: 5 yrs · since 2020
Type: Community Interest Company

Latest accounts · year to 30 Nov 2024

Key figures

IndependentSmall teamCapital-lightYoung and profitable

Revenue

£45k

Growth ▲800%

Profit

£823

Growth —

Profit margin

1.8%

Gross 11.7%

Employees

Change —

Profit / employee

—

Profitable streak

1yr

Consecutive profitable years in our data

Badges are automated estimates derived from the filed figures — not statements of fact about the company.

4 filed years

Financial history

Multi-year financials, oldest to newest
Year to	30 Nov 2021	30 Nov 2022	30 Nov 2023	30 Nov 2024
Disclosure	Profit & loss	Profit & loss	Profit & loss	Profit & loss
Profit & loss
Revenue (turnover)	£0	£0	£5k	£45k
Cost of sales	£0	£0	£4k	£39.8k
Gross profit	£0	£0	£1k	£5.3k
Operating profit	−£1.3k	−£1.4k	−£391	£1k
Profit before tax	−£1.3k	−£1.4k	−£391	£1k
Profit after tax	−£1.3k	−£1.4k	−£391	£823
Profit (best available)	−£1.3k	−£1.4k	−£391	£823
Employees (average)	0	0	0	0
Ratios
Profit margin	—	—	−7.8%	1.8%
Gross margin	—	—	20%	11.7%
Growth (year on year)
Revenue growth	—	—	—	▲800%
Balance sheet — indirect signals, not revenue
Cash at bank	£0	£0	£20k	£15.6k
Net assets	£0	£0	£0	−£11.5k
Fixed assets	£0	£0	£0	£1.8k
Current assets	£0	£0	£20k	£15.6k
Debtors	£0	£0	£0	£0
Deferred income	—	—	—	£14.9k
Source	Accounts · bulk data Oct 2023	Accounts · bulk data Oct 2023	FullAccounts · bulk data Nov 2024	FullAccounts · bulk data Sep 2025

Derived from the latest filing

How the business works

Profit margin: 1.8%; Profit ÷ revenue.
Gross margin: 11.7%; Gross profit ÷ revenue. High for software and services.
Revenue per employee: —; Revenue ÷ average employees.
Profit per employee: —; Profit ÷ average employees.
Cash conversion: —; Cash generated from operations ÷ operating profit. Needs a cash-flow statement.
Fixed assets ÷ revenue: 3.9%; Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue: 33.1%; Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue: 0%; Money owed by customers. Low = customers pay quickly.

Indirect — not revenue

Balance-sheet signals

Year-on-year changes in filed balance-sheet items. They can hint at momentum (or investment) but are not revenue or profit and must not be read as such.

Net assets: —; Now −£11.5k
Cash at bank: ▼22%; Now £15.6k
Headcount: —; Now 0
Deferred income: —; Now £14.9k
Fixed assets: —; Now £1.8k

Deferred income is reported together with accruals in this filing (“accruals and deferred income”), so it is an approximate signal only.

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Sources

Companies House profile Filing history & original accounts

Latest figures from FullAccounts for the year to 30 Nov 2024 (profit £823), from the Companies House accounts bulk data published Sep 2025. Spotted an error? Request a correction.