REVENUE | |
Revenue from activities/operations | 1,476,982 |
Interest Received | 1,535 |
Total Revenue |
Cost of sales | |
Gross Profit | |
EXPENSES | |
Administration Expenses | (221,091) |
Employee Benefits Expense | (1,331,271) |
Depreciation | (178,743) |
Consultancy fees | (365,831) |
Marketing & promotion | (110,231) |
Occupancy/Property Expenses | (35,122) |
Financing costs | (18,166) |
Other Expenses | (961,574) |
Total Expenses |
PROFIT / (LOSS) | |
Profit/Loss before income tax | (1,743,512) |
Income tax/benefit expense | 69,827 |
Profit/Loss after income tax |
Total Comprehensive Income |
ASSETS | |
Current Assets | |
Cash and Cash Equivalents | 4,992,246 |
Trade and Other Receivables | 596,386 |
Other Investments | 1,468 |
Total Current Assets |
Non-Current Assets | |
Property, Plant and Equipment | 12,933 |
Intangible Assets | 3,882,817 |
Total Non-Current Assets |
Total Assets |
LIABILITIES | |
Current Liabilities | |
Trade and other payables | 791,789 |
Borrowings | 7,878,606 |
Employee Benefits | 34,127 |
Total Current Liabilities |
Non-Current Liabilities | |
Employee Benefits | 35,699 |
Total Non-Current Liabilities |
Total Liabilities |
NET ASSETS |
EQUITY | |
Issued Capital | 2,191,210 |
Reserves | 297,931 |
Retained Earnings | (1,743,512) |
Total Equity |
CASH FLOW | |
Net Cash provided by (used in) operating activities | (946,191) |
Net Cash provided by (used in) investing activities | (69,588) |
Net Cash provided by (used in) financing activities | 5,924,954 |
Net Increase (decrease) in cash held | 4,909,175 |
Cash at the end of the period |