for the Period Ended 29 May 2020
Balance sheet | |
Notes |
As at
Notes | 10 months to 29 May 2020 | 2019 | |
---|---|---|---|
| £ | £ | |
Fixed assets | |||
Investments: | 3 | | |
Total fixed assets: | | | |
Current assets | |||
Debtors: | | | |
Total current assets: | | | |
Creditors: amounts falling due within one year: | 4 | ( | ( |
Net current assets (liabilities): | ( | ( | |
Total assets less current liabilities: | | | |
Creditors: amounts falling due after more than one year: | 5 | ( | ( |
Total net assets (liabilities): | ( | ( | |
Capital and reserves | |||
Called up share capital: | | | |
Profit and loss account: | ( | ( | |
Shareholders funds: | ( | ( |
The notes form part of these financial statements
The directors have chosen to not file a copy of the company’s profit & loss account.
This report was approved by the board of directors on
and signed on behalf of the board by:
Name:
Status: Director
The notes form part of these financial statements
for the Period Ended 29 May 2020
for the Period Ended 29 May 2020
10 months to 29 May 2020 | 2019 | |
---|---|---|
Average number of employees during the period | | |
for the Period Ended 29 May 2020
The Company, London Power & Technology Limited, acquired the 25 million preference shares in London Power CorporationLimited in accordance with the Share Purchase Agreement dated 27 July 2018 for the sum of £16,727,812. The Company, London Power & Technology Limited, has entered into a Loan Agreement with London Oil & Gas Limited to provide the funding, up to a maximum of £30 million, to make this acquisition repayable over the next three years. London Power Corporation Limited has entered Administration on 4 April 2019. London Oil & Gas Limited has entered Administration on 18 March 2019. These events may well have a significant impact on the carrying value of the Investments which is uncertain at present.
for the Period Ended 29 May 2020
for the Period Ended 29 May 2020
for the Period Ended 29 May 2020
Name of the related party: | | ||
Relationship: | Director | ||
Description of the Transaction: | | ||
£ | |||
Balance at 28 July 2019 | | ||
Balance at 29 May 2020 | |
for the Period Ended 29 May 2020