Grassington Festival Society
05742319
Healthy
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
director · Since 20/11/2014
COMPANY DIRECTOR
BRITISH · UNITED KINGDOM · Age 58
Also on 3 other boards
director · Since 08/05/2019
COMPANY DIRECTOR
BRITISH · ENGLAND · Age 62
Also on 26 other boards
secretary · Since 17/03/2022
CompanyRankvs 2417+ SIC 90020 peers57
Show leaderboard
How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
Act 2006. The financial statements have been prepared under the historical cost convention. The trustees consider that there is a material uncertainty about the Charity's ability to continue as a going concern. However they do not believe that this uncertainty has any material affect to the balance sheet. Income recognition policies Items of income are recognised and included in the accounts w
Key FinancialsYear ending 31/12/2024
Net Worth
£3k
Balance sheet strength
Cash
£4k
Cash in the bank
Net Current Assets
£3k
Working capital
Current Assets
£4k
Current Liabilities
£1k
Debtors
£100
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2024 | 3.89 | -£2k |
| 2023 | 11.13 | +£2k |
| 2022 | 3.16 | -£376 |
| 2021 | 3.75 | -£413 |
| 2020 | 2.60 | -£3k |
| 2019 | 1.75 | — |
Derived from filed accounts. Not audited figures.