Accounting For Good Cic

Key Facts

Net Assets

Current: £41,493

Previous: £36,327

Change: +5,166 (+14.2%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £65,963

Previous: £70,354

Change: -£4,391 (-6.2%)

Comment: Current assets decreased slightly.

Cash

Current: £41,154

Previous: £49,646

Change: -£8,492 (-17.1%)

Comment: Cash reserves weakened noticeably.

Creditors 1 Year

Current: £28,679

Previous: £1,085

Change: +£27,594 (+2543.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £37,284

Previous: £33,159

Change: +£4,125 (+12.4%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £9,116

Previous: £9,935

Change: -£819 (-8.2%)

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: 9

Previous: 9

Change: +0 (+0%)

Comment: No change in team size.