Frugal Music Academy Cic

Key Facts

Net Assets

Current: £14,332

Previous: £6,380

Change: +7,952 (+124.6%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £3,160

Previous: £2,525

Change: +£635 (+25.1%)

Comment: Current assets grew moderately.

Cash

Current: Not reported

Previous: Not reported

Comment: Not reported

Creditors 1 Year

Current: Not reported

Previous: Not reported

Comment: Not reported

Net Current Assets Liabilities

Current: £8,257

Previous: £5,745

Change: +£2,512 (+43.7%)

Comment: Net current assets increased significantly, improving short‑term solvency.

Fixed Assets

Current: £6,075

Previous: £5,985

Change: +£90 (+1.5%)

Comment: Fixed assets increased 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: 2

Previous: 2

Change: +0 (+0%)

Comment: No change in team size.