Scarlett Arts Society Cic

Key Facts

Net Assets

Current: £1,578

Previous: £1,150

Change: +428 (+37.2%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £81

Previous: £200

Change: -£119 (-59.5%)

Comment: Current assets fell significantly.

Cash

Current: £81

Previous: £200

Change: -£119 (-59.5%)

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

Creditors 1 Year

Current: £81

Previous: Not reported

Comment: Not reported

Net Current Assets Liabilities

Current: £578

Previous: £1,050

Change: -£472 (-45%)

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

Fixed Assets

Current: £1,000

Previous: £100

Change: +£900 (+900%)

Comment: Fixed assets increased 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: 2

Previous: 1

Change: +1 (+100%)

Comment: Added a helper.