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Company No. 13978795 · Incorporated 15 Mar 2022

FGRC Project97 CIC

Registered name: FGRC PROJECT97 CIC

FGRC Project97 CIC made £1k revenue and £587 profit in the year to 31 Mar 2026.

FGRC Project97 CIC’s revenue was £1k in the year to 31 Mar 2026, with £587 profit and 0 employees. The company is classified under “other social work activities without accommodation” and is based in Nottingham; we hold 4 years of its filed accounts.

Status
Active
Location
Nottingham, East Midlands
Age
4 yrs · since 2022
Type
Community Interest Company
Latest accounts · year to 31 Mar 2026

Key figures

IndependentSmall teamYoung and profitable
Revenue
£1k
Growth 0%
Profit
£587
Growth —
Profit margin
58.7%
Gross 100%
Employees
0
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 to31 Mar 202331 Mar 202431 Mar 202531 Mar 2026
DisclosureFull P&LFull P&LFull P&LFull P&L
Profit & loss
Revenue (turnover)£0£0£1k£1k
Gross profit£0£0£1k£1k
Operating profit−£159£202−£97£587
Profit before tax−£159£202−£97£587
Profit after tax−£159£194−£97£587
Profit (best available)−£159£194−£97£587
Employees (average)0000
Ratios
Profit margin——−9.7%58.7%
Gross margin——100%100%
Growth (year on year)
Revenue growth———0%
Profit growth——▼150%—
Balance sheet — indirect signals, not revenue
Cash at bank£7k£7.8k£7.1k£6.1k
Net assets−£159£35−£62£525
Fixed assets——£0£637
Current assets£7k£7.8k£7.1k£6.1k
Deferred income£7.1k£7.7k£6.3k£5.2k
SourceFullAccounts · bulk data Dec 2023FullAccounts · bulk data Sep 2024FullAccounts · bulk data Nov 2025FullAccounts · bulk data Jul 2026
Derived from the latest filing

How the business works

Profit margin
58.7%
Profit ÷ revenue.
Gross margin
100%
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
63.7%
Capital intensity. Low = capital-light, cheaper to start.
Deferred income ÷ revenue
521.5%
Customers paying upfront (subscriptions, deposits). Approximate when combined with accruals.
Debtors ÷ revenue
—
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 £525
Cash at bank
▼15%
Now £6.1k
Headcount
—
Now 0
Deferred income
▼17%
Now £5.2k
Fixed assets
—
Now £637

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

Sources

Latest figures from FullAccounts for the year to 31 Mar 2026 (profit £587), from the Companies House accounts bulk data published Jul 2026. Spotted an error? Request a correction.

Contains public sector information from Companies House licensed under the Open Government Licence v3.0. Data from Companies House, © Crown copyright. View the licence.