Youth Mental Health Foundation Cic

Key Facts

Net Assets

Current: £3,470

Previous: £818

Change: +2,652 (+324.2%)

Comment: Significant rise in net assets and liabilities.

Current Assets

Current: £8,916

Previous: £25,051

Change: -£16,135 (-64.4%)

Comment: Current assets dropped sharply, indicating reduced liquidity.

Cash

Current: £5,852

Previous: £23,843

Change: -£17,991 (-75.5%)

Comment: Cash dropped sharply, indicating a major decline in liquidity.

Creditors 1 Year

Current: £5,758

Previous: £24,813

Change: -£19,055 (-76.8%)

Comment: Short‑term creditors dropped sharply, improving the company's short‑term position.

Net Current Assets Liabilities

Current: £3,158

Previous: £238

Change: +£2,920 (+1226.9%)

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

Fixed Assets

Current: £312

Previous: £580

Change: -£268 (-46.2%)

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: 3

Previous: 5

Change: -2 (-40%)

Comment: Trimmed the team by 2 people.