Somerset Tourism Association Community Interest Company

Key Facts

Net Assets

Current: £1,631

Previous: £17,830

Change: -16,199 (-90.9%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £18,515

Previous: £12,620

Change: +£5,895 (+46.7%)

Comment: Current assets increased significantly.

Cash

Current: £4,442

Previous: £141

Change: +£4,301 (+3050.4%)

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

Creditors 1 Year

Current: £16,884

Previous: £30,836

Change: -£13,952 (-45.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £1,631

Previous: £18,216

Change: -£16,585 (-91%)

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

Fixed Assets

Current: Not reported

Previous: £386

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: 14

Previous: 13

Change: +1 (+7.7%)

Comment: Slight growth.