Billy & Andy39s Music School Cic

Key Facts

Net Assets

Current: £7,685

Previous: £4,151

Change: +3,534 (+85.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £45,780

Previous: £20,966

Change: +£24,814 (+118.4%)

Comment: Current assets increased significantly.

Cash

Current: £40,285

Previous: £19,026

Change: +£21,259 (+111.7%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £4,228

Previous: £2,500

Change: +£1,728 (+69.1%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £41,552

Previous: £18,466

Change: +£23,086 (+125%)

Comment: Net current assets rose sharply, indicating a strong improvement in working capital.

Fixed Assets

Current: £3,480

Previous: £1,005

Change: +£2,475 (+246.3%)

Comment: Fixed assets increased significantly.

Turnover

Current: Not reported

Previous: Not reported

Comment: Turnover not reported for either period, which is common for micro‑entity and small business.

Employees

Current: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.