Links Art Gallery Cic

Key Facts

Net Assets

Current: £119,260

Previous: £144,538

Change: -25,278 (-17.5%)

Comment: Noticeable reduction in net assets and liabilities.

Current Assets

Current: £128,730

Previous: £141,208

Change: -£12,478 (-8.8%)

Comment: Current assets decreased slightly.

Cash

Current: £88,964

Previous: £96,733

Change: -£7,769 (-8%)

Comment: Cash decreased slightly.

Creditors 1 Year

Current: £100,029

Previous: £71,657

Change: +£28,372 (+39.6%)

Comment: Short‑term creditors increased significantly.

Net Current Assets Liabilities

Current: £28,701

Previous: £69,551

Change: -£40,850 (-58.7%)

Comment: Net current assets fell significantly, reducing short‑term solvency.

Fixed Assets

Current: £95,483

Previous: £82,059

Change: +£13,424 (+16.4%)

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: 18

Previous: 17

Change: +1 (+5.9%)

Comment: Slight growth.