Lichfield Community Media Cic

Key Facts

Net Assets

Current: £92,325

Previous: £56,451

Change: +35,874 (+63.5%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £100,217

Previous: £67,984

Change: +£32,233 (+47.4%)

Comment: Current assets increased significantly.

Cash

Current: £97,817

Previous: £61,863

Change: +£35,954 (+58.1%)

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

Creditors 1 Year

Current: £10,427

Previous: £14,233

Change: -£3,806 (-26.7%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £89,790

Previous: £53,751

Change: +£36,039 (+67%)

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

Fixed Assets

Current: £2,535

Previous: £2,700

Change: -£165 (-6.1%)

Comment: Fixed assets decreased slightly.

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