Learning & Wellbeing Psychology Cic

Key Facts

Net Assets

Current: £7,123

Previous: £29,862

Change: -22,739 (-76.1%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £7,223

Previous: £148,424

Change: -£141,201 (-95.1%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £7,223

Previous: £141,329

Change: -£134,106 (-94.9%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £3,296

Previous: £10,000

Change: -£6,704 (-67%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £3,927

Previous: £33,596

Change: -£29,669 (-88.3%)

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

Fixed Assets

Current: £3,196

Previous: £6,266

Change: -£3,070 (-49%)

Comment: Fixed assets fell 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: 4

Previous: 3

Change: +1 (+33.3%)

Comment: Added a helper.