Soc Communities Foundation Cic

Key Facts

Net Assets

Current: £24,064

Previous: £12,141

Change: +11,923 (+98.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £34,348

Previous: £26,482

Change: +£7,866 (+29.7%)

Comment: Current assets grew moderately.

Cash

Current: £34,348

Previous: £8,982

Change: +£25,366 (+282.4%)

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

Creditors 1 Year

Current: £10,284

Previous: £3,263

Change: +£7,021 (+215.2%)

Comment: Short‑term creditors rose sharply, indicating higher short‑term liabilities.

Net Current Assets Liabilities

Current: £24,064

Previous: £15,404

Change: +£8,660 (+56.2%)

Comment: Net current assets increased significantly, improving short‑term solvency.

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