REVENUE | |
Interest Received | 1,968 |
Total Revenue |
Cost of sales | |
Gross Profit |
EXPENSES | |
Administration Expenses | (47,562) |
Total Expenses |
PROFIT / (LOSS) | |
Profit/Loss before income tax | (45,594) |
Profit/Loss after income tax |
Total Comprehensive Income |
ASSETS | |
Current Assets | |
Cash and Cash Equivalents | 576,296 |
Trade and Other Receivables | 175,802 |
Total Current Assets |
Non-Current Assets | |
Total Assets |
LIABILITIES | |
Current Liabilities | |
Trade and other payables | 47,792 |
Borrowings | 249,900 |
Total Current Liabilities |
Non-Current Liabilities | |
Total Liabilities |
NET ASSETS |
EQUITY | |
Issued Capital | 500,000 |
Retained Earnings | (45,594) |
Total Equity |
CASH FLOW | |
Net Cash provided by (used in) operating activities | (42,404) |
Net Cash provided by (used in) financing activities | 618,700 |
Net Increase (decrease) in cash held | 576,296 |
Cash at the end of the period |