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WESTERN ISLES CITIZENS ADVICE SERVICE Financials

Company number
SC270038Copy
Copy
Registered office
Lewis Citizens Advice Bureau 41 - 43, Westview Terrace, Stornoway, Isle Of Lewis HS1 2HP
Incorporated
30/06/2004

Company snapshot

Status
Active
Employees
19 (2024)
Latest financial data
2024
Accounts type
Full

Financial highlights

Latest reported figures. Okredo holds filed data for 2021–2024.

Net Assets

£319.72K2024
-7.93%vs 2023

2023: £347.27K

Total Assets

£336.67K2024
-7.78%vs 2023

2023: £365.06K

Cash in Bank

£216.72K2024
25.12%vs 2023

2023: £173.21K

Total Liabilities

£16.95K2024
-4.69%vs 2023

2023: £17.78K

Employees

192024
-1vs 2023

2023: 20

In 2024, WESTERN ISLES CITIZENS ADVICE SERVICE reported net assets of £319.72K. The same filing shows total assets of £336.67K, cash in bank of £216.72K and total liabilities of £16.95K. Reported headcount was 19 in 2024. Cash in Bank rose from £173.21K in 2023 to £216.72K in 2024 (25.12%). 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

£319.72K2024
-7.93%from £347.27K in 2023

Year-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 WESTERN ISLES CITIZENS ADVICE SERVICE filed moved across the three reported years 2022, 2023 and 2024 — measured end to end rather than year on year.

Net Assets

£314.57K2022£319.72K2024
+1.6%vs 2022

+0.8% a year compound (CAGR)

Cash in Bank

£160.97K2022£216.72K2024
+34.6%vs 2022

+16% a year compound (CAGR)

Total Assets

£334.47K2022£336.67K2024
+0.7%vs 2022

+0.3% a year compound (CAGR)

Total Liabilities

£19.91K2022£16.95K2024
-14.8%vs 2022

-7.7% a year compound (CAGR)

Employees

212022192024
-9.5%vs 2022-2

Biggest increase

Cash in Bank+34.6%

£160.97K in 2022 to £216.72K in 2024

Biggest decrease

Total Liabilities-14.8%

£19.91K in 2022 to £16.95K in 2024

WESTERN ISLES CITIZENS ADVICE SERVICE's filings pull in both directions between 2022 and 2024. The steepest rise came in cash in bank, pointing to a more liquid cash position, set against a fall in total liabilities, pointing to lighter outstanding obligations. See the full year-by-year figures.

Ratios from the filed figures

Calculated from WESTERN ISLES CITIZENS ADVICE SERVICE'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
94.97%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
5.03%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
1,278.56%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
64.37%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 WESTERN ISLES CITIZENS ADVICE SERVICE by year. Amounts are as filed; a dash means the figure was not reported for that year.

Indicator2021202220232024
Net Assets£406.84K314.57K347.27K319.72K
Total Assets£412.32K334.47K365.06K336.67K
Cash in Bank£293.43K160.97K173.21K216.72K
Total Liabilities£5.48K19.91K17.78K16.95K
Employees20212019

WESTERN ISLES CITIZENS ADVICE SERVICE financials: frequently asked questions

Answered from this company's own filed figures.

Yes. Okredo holds filed figures for WESTERN ISLES CITIZENS ADVICE SERVICE covering 2021–2024, across 5 reported indicators. The most recent reported year is 2024.

WESTERN ISLES CITIZENS ADVICE SERVICE reported net assets of £319.72K for 2024. That compares with £347.27K in 2023, a change of -7.93%.

WESTERN ISLES CITIZENS ADVICE SERVICE reported total assets of £336.67K for 2024. That compares with £365.06K in 2023, a change of -7.78%.

WESTERN ISLES CITIZENS ADVICE SERVICE reported cash in bank of £216.72K for 2024. That compares with £173.21K in 2023, a change of 25.12%.

WESTERN ISLES CITIZENS ADVICE SERVICE reported 19 employees in 2024, compared with 20 in 2023.

Between 2022 and 2024, WESTERN ISLES CITIZENS ADVICE SERVICE's net assets rose by 1.6%, cash in bank rose by 34.6%, total assets rose by 0.7% and total liabilities fell by 14.8%. Net assets compounded at 0.8% a year across the two years to 2024, from £314.57K to £319.72K. Reported headcount went from 21 in 2022 to 19 in 2024 (-2).

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.