Contents | |
Page | |
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Abridged Balance Sheet | 1—2 |
Notes to the Abridged Financial Statements | 3—6 |
2017 | 2016 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Intangible Assets | 5 |
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Tangible Assets | 6 |
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Investments | 7 |
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CURRENT ASSETS | |||||
Debtors |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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Creditors: Amounts Falling Due After More Than One Year | (81,164) | (73,785) | |||
NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 8 |
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Share premium account |
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Revaluation reserve | 9 |
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Profit and Loss Account |
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( |
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SHAREHOLDERS' FUNDS | 234,469 | 114,228 | |||
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Lending Platform |
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Fixtures & Fittings |
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Computer Equipment |
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2017 | 2016 | ||
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Office and administration |
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Total | |||
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£ | |||
Cost | |||
As at |
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Additions |
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As at |
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Amortisation | |||
As at |
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Provided during the period |
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As at |
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Net Book Value | |||
As at |
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As at |
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Total | |
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£ | |
Cost | |
As at |
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Additions |
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As at |
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Depreciation | |
As at |
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Provided during the period |
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As at |
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Net Book Value | |
As at |
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As at |
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Total | |
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£ | |
Cost | |
As at |
17,437 |
Revaluations | (7,437) |
As at |
10,000 |
Provision | |
As at |
- |
As at |
- |
Net Book Value | |
As at |
10,000 |
As at |
17,437 |
Revaluation Reserve | |
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£ | |
As at |
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Deficit on revaluation | (7,437) |
As at |
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Invest UP Limited
A company under the control of Mr Daniel Rajkumar.
During the year a loan was made to Invest UP Limited, at the year end a total of £37,769 was owed from Invest UP Limited.
Web Translations Limited
A company under the control of Mr Daniel Rajkumar.
During the year charges of £5,469 (2016: £12,359) for various services were paid to Web Translations Limited. At the year end £20,875 (2016: £20,700) was owed to Web Translations Limited.
White Label Crowdfunding Limited
A company under the control of Mr Daniel Rajkumar.
During the year the company charged £115,000 (2016: £226,491) in license fees to White Label Crowdfunding Limited. At the year end £150,945 (2016: £246,310) was owed from White Label Crowdfunding Limited.