Interesting post from Rob Jessel:
https://x.com/robjessel16/status/2008194383301185966
If you can't read it, their return to Companies House shows that last year (ending 31 March 2025) they had a deficit of £906k.
A deficit is for a single year, rather than the overall amount of debt an organisation has (eg you could have a deficit for a single year but still not be in debt).
One startling element is the reduction in reserves. At the end of the previous financial year they had reserves of £998k. At the end of March 2025, that was down to £92k.
That's such a dramatic fall I wonder if I've understood it correctly, so if you have more financial expertise than I do, feel free to correct me.
You can see the Companies House return at: https://find-and-update.company-information.service.gov.uk/company/02412299/filing-history