Minka Youth Foundation Cic

Key Facts

Net Assets

Current: £22,396

Previous: £25,678

Change: -3,282 (-12.8%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £7,411

Previous: £2,729

Change: +£4,682 (+171.6%)

Comment: Current assets increased significantly.

Cash

Current: £7,411

Previous: £2,729

Change: +£4,682 (+171.6%)

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

Creditors 1 Year

Current: £29,557

Previous: £28,157

Change: +£1,400 (+5%)

Comment: Short‑term creditors increased slightly.

Net Current Assets Liabilities

Current: £7,161

Previous: £2,479

Change: +£4,682 (+188.9%)

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

Fixed Assets

Current: Not reported

Previous: Not reported

Comment: Not reported

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