STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST Financials
- Company number
- SC189780CopyCopy
- Registered office
- The Millenium Centre, 75 George Street, Stranraer DG9 7JP
- Incorporated
- 29/09/1998
Company snapshot
- Status
- Active
- Employees
- 7 (2024)
- Latest financial data
- 2024
- Accounts type
- Total Exemption Full
Financial highlights
Latest reported figures. Okredo holds filed data for 2021–2024.
Net Assets
-78.14%vs 20232023: £555.44K
Total Assets
-23.17%vs 20232023: £2.23M
Cash in Bank
-46.47%vs 20232023: £59.45K
Total Liabilities
-4.89%vs 20232023: £1.67M
Employees
0vs 20232023: 7
In 2024, STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST reported net assets of £121.43K. The same filing shows total assets of £1.71M, cash in bank of £31.82K and total liabilities of £1.59M. Reported headcount was 7 in 2024. Total Assets fell from £2.23M in 2023 to £1.71M in 2024 (-23.17%). Okredo holds filed figures for 2021–2024; 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
-78.14%from £555.44K in 2023Year-on-year change
Net Assets as filed for 2021–2024. Every figure in this chart is also in the financial history table.
3-year financial trend (2022–2024)
How the figures STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.
Net Assets
-79.8%vs 2022-55.1% a year compound (CAGR)
Cash in Bank
-68.1%vs 2022-43.6% a year compound (CAGR)
Total Assets
-27.9%vs 2022-15.1% a year compound (CAGR)
Total Liabilities
-10.3%vs 2022-5.3% a year compound (CAGR)
Employees
-12.5%vs 2022-1Biggest decrease
Net Assets-79.8%
£602.59K in 2022 to £121.43K in 2024
Every indicator Okredo holds for STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST fell between 2022 and 2024. The steepest fall came in net assets, pointing to a weakening balance sheet, with cash in bank, total assets, total liabilities and employee numbers falling alongside it. See the full year-by-year figures.
Ratios from the filed figures
Calculated from STRANRAER MILLENNIUM CENTRE 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
- 7.10%2024
- 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
- 92.90%2024
- 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.
- Cash to liabilities
- 2.00%2024
- Reported cash in bank divided by total liabilities for the same year. Shows what share of outstanding obligations the reported cash balance would cover.
- Cash to total assets
- 1.86%2024
- Reported cash in bank divided by reported total assets, for the latest year both were filed.
Financial history
Every indicator Okredo tracks, year by year.
Reported financial indicators for STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST by year. Amounts are as filed; a dash means the figure was not reported for that year.
| Indicator | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Net Assets£ | 558.89K | 602.59K | 555.44K | 121.43K |
| Total Assets£ | 2.43M | 2.37M | 2.23M | 1.71M |
| Cash in Bank£ | 54.73K | 99.91K | 59.45K | 31.82K |
| Total Liabilities£ | 1.87M | 1.77M | 1.67M | 1.59M |
| Employees | 10 | 8 | 7 | 7 |
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST financials: frequently asked questions
Answered from this company's own filed figures.
Yes. Okredo holds filed figures for STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST reported net assets of £121.43K for 2024. That compares with £555.44K in 2023, a change of -78.14%.
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST reported total assets of £1.71M for 2024. That compares with £2.23M in 2023, a change of -23.17%.
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST reported cash in bank of £31.82K for 2024. That compares with £59.45K in 2023, a change of -46.47%.
STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST reported 7 employees in 2024, compared with 7 in 2023.
Between 2022 and 2024, STRANRAER MILLENNIUM CENTRE COMMUNITY TRUST's net assets fell by 79.8%, cash in bank fell by 68.1%, total assets fell by 27.9% and total liabilities fell by 10.3%. Net assets contracted at 55.1% a year across the two years to 2024, from £602.59K to £121.43K. Reported headcount went from 8 in 2022 to 7 in 2024 (-1).
Okredo holds reported figures for the years 2021, 2022, 2023, 2024. Where an indicator was not reported for a given year, the financial history table shows a dash rather than a value.