Elevated Minds Cic

Key Facts

Net Assets

Current: £98,095

Previous: £51,726

Change: +46,369 (+89.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £60,399

Previous: £49,851

Change: +£10,548 (+21.2%)

Comment: Current assets grew moderately.

Cash

Current: £43,525

Previous: £39,238

Change: +£4,287 (+10.9%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £20,000

Previous: £20,000

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £78,818

Previous: £33,164

Change: +£45,654 (+137.7%)

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

Fixed Assets

Current: £723

Previous: £1,438

Change: -£715 (-49.7%)

Comment: Fixed assets fell significantly.

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: 11

Previous: 16

Change: -5 (-31.3%)

Comment: A significant downsizing.