Hungarian Cultural Society Of Newport Cic

Key Facts

Net Assets

Current: £684

Previous: £1,001

Change: -317 (-31.7%)

Comment: Substantial drop in net assets and liabilities.

Current Assets

Current: £15,875

Previous: £488

Change: +£15,387 (+3153.1%)

Comment: Current assets increased significantly.

Cash

Current: £15,875

Previous: £488

Change: +£15,387 (+3153.1%)

Comment: Cash rose sharply, indicating a strong improvement in liquidity.

Creditors 1 Year

Current: £2,701

Previous: £1,469

Change: +£1,232 (+83.9%)

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

Net Current Assets Liabilities

Current: £13,174

Previous: £981

Change: +£12,193 (+1242.9%)

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

Fixed Assets

Current: Not reported

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: 3

Change: +2 (+66.7%)

Comment: Strengthening the team.