Somersault Gymnastics Club Cic

Key Facts

Net Assets

Current: £60,664

Previous: £40,793

Change: +19,871 (+48.7%)

Comment: Strong increase in net assets and liabilities.

Current Assets

Current: £101,299

Previous: £67,240

Change: +£34,059 (+50.7%)

Comment: Current assets increased significantly.

Cash

Current: £100,162

Previous: £59,152

Change: +£41,010 (+69.3%)

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

Creditors 1 Year

Current: £53,302

Previous: £9,315

Change: +£43,987 (+472.2%)

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

Net Current Assets Liabilities

Current: £45,338

Previous: £24,254

Change: +£21,084 (+86.9%)

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

Fixed Assets

Current: £79,355

Previous: £25,854

Change: +£53,501 (+206.9%)

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: 15

Previous: 15

Change: +0 (+0%)

Comment: No meaningful change.