My New Canvas Cic

Key Facts

Net Assets

Current: £43,808

Previous: £42,679

Change: +1,129 (+2.6%)

Comment: Slight improvement in net assets and liabilities.

Current Assets

Current: £19,496

Previous: £12,576

Change: +£6,920 (+55%)

Comment: Current assets increased significantly.

Cash

Current: £469

Previous: £309

Change: +£160 (+51.8%)

Comment: Cash increased significantly, improving short‑term liquidity.

Creditors 1 Year

Current: £42,822

Previous: £42,822

Change: +£0 (+0%)

Comment: No change in short‑term creditors.

Net Current Assets Liabilities

Current: £9,478

Previous: £1,586

Change: +£7,892 (+497.6%)

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

Fixed Assets

Current: £3,966

Previous: £14,362

Change: -£10,396 (-72.4%)

Comment: Fixed assets fell significantly.

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: 1

Comment: Not reported