The Mudcat Café TM
Thread #164021   Message #3920431
Posted By: GUEST
27-Apr-18 - 12:58 PM
Thread Name: Closure of Folk Festivals
Subject: RE: Closure of Folk Festivals
I might be misunderstanding the accounts posted in another thread and could be wrong otherwise but I doubt they could do that. Current assets and current liabilities are around the same in 2017 but net worth plummeted towards -£50K starting in 2012 (building up for the move to the bigger venue, big loans???) and I'd guess they had to try to continue running as they were because of that?