From 2024 to 2025, how did Bezique's cash position change?

• A. Up £225k
• B. Up £1.7 million
• C. No change
• D. Down £225k

Answer: (D)

The key idea is to compare the ending cash balance from one year to the next. If the cash and cash equivalents on the balance sheet are lower in 2025 than in 2024, the cash position has fallen, and the change is negative.

Here, the cash position is described as down £225k, meaning the ending cash balance in 2025 is £225k lower than the ending balance in 2024. This reflects the net result of cash inflows and outflows across operating, investing, and financing activities. The other options would require the ending cash to be higher by £1.7m, or the same as before, which the data do not show.