Brighter Futures Initiative Cic

Key Facts

Net Assets

Current: £6,997

Previous: £13,117

Change: -6,120 (-46.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £1

Previous: £1

Change: +£0 (+0%)

Comment: No change in current assets.

Cash

Current: £1

Previous: £1

Change: +£0 (+0%)

Comment: No change in cash reserves.

Creditors 1 Year

Current: £6,461

Previous: £8,004

Change: -£1,543 (-19.3%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £1,542

Previous: £6,519

Change: -£4,977 (-76.3%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £1,006

Previous: £1,406

Change: -£400 (-28.4%)

Comment: Fixed assets reduced noticeably.

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.