Christchurch Music Centre Cic

Key Facts

Net Assets

Current: £7,147

Previous: £4,144

Change: +3,003 (+72.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,267

Previous: £4,398

Change: +£1,869 (+42.5%)

Comment: Current assets increased significantly.

Cash

Current: £6,267

Previous: £4,398

Change: +£1,869 (+42.5%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £714

Previous: £1,059

Change: -£345 (-32.6%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £5,553

Previous: £3,339

Change: +£2,214 (+66.3%)

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

Fixed Assets

Current: £1,594

Previous: £805

Change: +£789 (+98%)

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: Not reported

Previous: Not reported

Comment: Not reported