Southern Music Project Cic

Key Facts

Net Assets

Current: £5,204

Previous: £3,238

Change: +1,966 (+60.7%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £6,701

Previous: £4,241

Change: +£2,460 (+58%)

Comment: Current assets increased significantly.

Cash

Current: £5,051

Previous: £4,216

Change: +£835 (+19.8%)

Comment: Cash reserves strengthened moderately.

Creditors 1 Year

Current: £3,313

Previous: £1,577

Change: +£1,736 (+110.1%)

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

Net Current Assets Liabilities

Current: £3,388

Previous: £2,664

Change: +£724 (+27.2%)

Comment: Net current assets strengthened moderately.

Fixed Assets

Current: £2,242

Previous: £709

Change: +£1,533 (+216.2%)

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: 1

Previous: 1

Change: +0 (+0%)

Comment: No change in team size.