Passion 4 Social Cic

Key Facts

Net Assets

Current: £18,799

Previous: £20,510

Change: -1,711 (-8.3%)

Comment: Slight decline in net assets and liabilities.

Current Assets

Current: £53,466

Previous: £51,313

Change: +£2,153 (+4.2%)

Comment: Current assets increased slightly.

Cash

Current: £11,607

Previous: £24,626

Change: -£13,019 (-52.9%)

Comment: Cash fell significantly, reducing short‑term liquidity.

Creditors 1 Year

Current: £24,286

Previous: £36,366

Change: -£12,080 (-33.2%)

Comment: Short‑term creditors fell significantly.

Net Current Assets Liabilities

Current: £5,096

Previous: £14,620

Change: -£9,524 (-65.1%)

Comment: Net current assets dropped sharply, indicating a major decline in working capital.

Fixed Assets

Current: £391

Previous: £1,236

Change: -£845 (-68.4%)

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: 8

Previous: 8

Change: +0 (+0%)

Comment: No change in team size.