Kids Festival Community Interest Company

Key Facts

Net Assets

Current: £500

Previous: £3,372

Change: -2,872 (-85.2%)

Comment: Severe reduction in net assets and liabilities.

Current Assets

Current: £22,000

Previous: £3,962

Change: +£18,038 (+455.3%)

Comment: Current assets increased significantly.

Cash

Current: £22,000

Previous: £3,962

Change: +£18,038 (+455.3%)

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

Creditors 1 Year

Current: £21,500

Previous: £7,334

Change: +£14,166 (+193.2%)

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

Net Current Assets Liabilities

Current: £500

Previous: £3,372

Change: -£2,872 (-85.2%)

Comment: Net current assets dropped sharply, indicating a major decline 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: 1

Previous: Not reported

Comment: Not reported