Somerset Youth Theatre Cic

Key Facts

Net Assets

Current: £5,884

Previous: £2,955

Change: +2,929 (+99.1%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £36,939

Previous: £28,105

Change: +£8,834 (+31.4%)

Comment: Current assets increased significantly.

Cash

Current: £34,841

Previous: £27,095

Change: +£7,746 (+28.6%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £31,911

Previous: £25,150

Change: +£6,761 (+26.9%)

Comment: Short‑term creditors rose noticeably.

Net Current Assets Liabilities

Current: £5,028

Previous: £2,955

Change: +£2,073 (+70.2%)

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

Fixed Assets

Current: £856

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: 5

Previous: 2

Change: +3 (+150%)

Comment: Growing the team by 3 people.