FORRES AREA COMMUNITY TRUST Financials
- Company number
- SC412275CopyCopy
- Registered office
- Forres Town Hall, High Street, Forres IV36 1PB
- Incorporated
- 29/11/2011
Company snapshot
- Status
- Active
- Employees
- 6 (2023)
- Latest financial data
- 2023
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2023.
Net Assets
3.37%vs 20222022: £436.89K
Total Assets
5.64%vs 20222022: £440.90K
Total Liabilities
252.90%vs 20222022: £4.01K
Employees
-3vs 20222022: 9
In 2023, FORRES AREA COMMUNITY TRUST reported net assets of £451.63K. The same filing shows total assets of £465.76K and total liabilities of £14.14K. Reported headcount was 6 in 2023. Total Assets rose from £440.90K in 2022 to £465.76K in 2023 (5.64%). Okredo holds filed figures for 2021–2023; the table below lists every reported indicator by year. See every reported indicator by year.
Financial performance
Pick a measure to see how it has moved across the reported years, with the year-on-year change beneath it.
Net Assets
3.37%from £436.89K in 2022Year-on-year change
Net Assets as filed for 2021–2023. Every figure in this chart is also in the financial history table.
3-year financial trend (2021–2023)
How the figures FORRES AREA COMMUNITY TRUST filed moved across the three reported years 2021, 2022 and 2023 — measured end to end rather than year on year.
Net Assets
+51.7%vs 2021+23.2% a year compound (CAGR)
Total Assets
+55.4%vs 2021+24.6% a year compound (CAGR)
Total Liabilities
+552%vs 2021+155% a year compound (CAGR)
Employees
-33.3%vs 2021-3Biggest increase
Total Liabilities+552%
£2.17K in 2021 to £14.14K in 2023
Biggest decrease
Employees-33.3%
9 in 2021 to 6 in 2023
FORRES AREA COMMUNITY TRUST's filings pull in both directions between 2021 and 2023. The steepest rise came in total liabilities, pointing to heavier outstanding obligations, set against a fall in employee numbers, pointing to a smaller workforce. See the full year-by-year figures.
Ratios from the filed figures
Calculated from FORRES AREA COMMUNITY TRUST's own reported amounts, each shown against the year it was derived from — nothing here is estimated or industry-averaged.
- Net assets to total assets
- 96.96%2023
- Reported net assets divided by reported total assets, for the latest year both were filed. Shows how much of the asset base is not financed by liabilities.
- Liabilities to total assets
- 3.04%2023
- Total liabilities divided by reported total assets, for the latest year both were available. Shows how much of the asset base is funded by obligations.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for FORRES AREA COMMUNITY TRUST by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 |
|---|---|---|---|
| Net Assets£ | 297.62K | 436.89K | 451.63K |
| Total Assets£ | 299.79K | 440.90K | 465.76K |
| Cash in Bank£ | – | – | – |
| Total Liabilities£ | 2.17K | 4.01K | 14.14K |
| Employees | 9 | 9 | 6 |
FORRES AREA COMMUNITY TRUST financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for FORRES AREA COMMUNITY TRUST covering 2021–2023, across 4 reported indicators. The most recent reported year is 2023.
FORRES AREA COMMUNITY TRUST reported net assets of £451.63K for 2023. That compares with £436.89K in 2022, a change of 3.37%.
FORRES AREA COMMUNITY TRUST reported total assets of £465.76K for 2023. That compares with £440.90K in 2022, a change of 5.64%.
FORRES AREA COMMUNITY TRUST reported total liabilities of £14.14K for 2023. That compares with £4.01K in 2022, a change of 252.90%.
FORRES AREA COMMUNITY TRUST reported 6 employees in 2023, compared with 9 in 2022.
Between 2021 and 2023, FORRES AREA COMMUNITY TRUST's net assets rose by 51.7%, total assets rose by 55.4%, total liabilities rose by 552% and employee numbers fell by 33.3%. Net assets compounded at 23.2% a year across the two years to 2023, from £297.62K to £451.63K. Reported headcount went from 9 in 2021 to 6 in 2023 (-3).
Okredo holds reported figures for the years 2021, 2022, 2023. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.