Memory Lane Trust Cic

Key Facts

Net Assets

Current: £3,580

Previous: £915

Change: +2,665 (+291.3%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,923

Previous: £2,949

Change: +£3,974 (+134.8%)

Comment: Current assets increased significantly.

Cash

Current: £6,723

Previous: £2,949

Change: +£3,774 (+128%)

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

Creditors 1 Year

Current: £3,343

Previous: £3,864

Change: -£521 (-13.5%)

Comment: Short‑term creditors reduced noticeably.

Net Current Assets Liabilities

Current: £3,580

Previous: £915

Change: +£2,665 (+291.3%)

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: Not reported

Previous: Not reported

Comment: Not reported