No Boundaries School Cic

Key Facts

Net Assets

Current: £1,130

Previous: £12,838

Change: -11,708 (-91.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £8,378

Previous: £2,666

Change: +£5,712 (+214.3%)

Comment: Current assets increased significantly.

Cash

Current: £8,351

Previous: £2,366

Change: +£5,985 (+253%)

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

Creditors 1 Year

Current: £8,250

Previous: £5,290

Change: +£2,960 (+56%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £1,562

Previous: £7,573

Change: -£6,011 (-79.4%)

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

Fixed Assets

Current: £9,555

Previous: £9,349

Change: +£206 (+2.2%)

Comment: Fixed assets increased 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: 24

Previous: 27

Change: -3 (-11.1%)

Comment: A noticeable staff reduction.