Forum Music & Arts Cic

Key Facts

Net Assets

Current: £475,254

Previous: £403,394

Change: +71,860 (+17.8%)

Comment: Healthy growth in net assets and liabilities.

Current Assets

Current: £483,237

Previous: £431,181

Change: +£52,056 (+12.1%)

Comment: Current assets grew moderately.

Cash

Current: £454,854

Previous: £386,999

Change: +£67,855 (+17.5%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £54,713

Previous: £68,921

Change: -£14,208 (-20.6%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £428,524

Previous: £362,260

Change: +£66,264 (+18.3%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £46,730

Previous: £41,134

Change: +£5,596 (+13.6%)

Comment: Fixed assets grew steadily.

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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.