KYG394391158
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Audited Annual Results for the year ended
Chairman’s Statement
I am pleased to report the final audited results for the year ended
Financial performance
The turnover for the year was nil (2014: nil) and the loss was £129,184 (2014: £149,111). The loss per share was
Review of operations
2015 was a transitional year for the Company. The Company has now realigned its investment focus towards the retail sector with a particular emphasis on menswear. The recent investment in
The Company’s shares are traded on the ISDX Growth Market.
Board changes
During the year under review,
Future prospects
After the year end, in
Chairman
31
The directors of
For further information:
+44 (0)20 3286 6388
http://www.globecapitalltd.com/
ISDX CORPORATE ADVISER:
Telephone: +44 (0) 20 7448 9820
http://www.ad-securities.com
GLOBE CAPITAL LIMITED
CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME
For the year ended 31 DECEMBER 2015
Audited Audited Year ended Year ended 31 December 31 December 2015 2014 GBP GBP Revenue - - Other Income 2 9 Administrative Expenses (129,186) (149,120) Profit / (Loss) Before Income Tax (129,184) (149,111) Income Tax - - Other Comprehensive Loss - - Profit / (Loss) for the period attributable to equity (129,184) (149,111) holders Earnings / (Loss) per share (0.17p) (0.20p) Basic & Diluted (pence)
GLOBE CAPITAL LIMITED
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As at 31 DECEMBER 2015
Audited Audited Year ended Year ended 31 December 31 December 2015 2014 GBP GBP Non-current Assets Property, plant and equipment 5,631 28,153 Investments - - Total Non-current Assets 5,631 28,153 Current assets Financial assets at fair value through profit or loss - - Trade and other receivables 51 572 Cash and cash equivalents 10,266 59,411 Total Current Assets 10,317 59,983 Current Liabilities Financial liabilities at fair value through profit or - - loss Trade and other payables 65,211 8,215 Financial Liabilities - Borrowings - - Total Current Liabilities 65,211 8,215 Net Assets (49,263) 79,921 Shareholders' Equity Called Up Share Capital 626,966 626,966 Share Premium 388,508 388,508 Foreign Currency Translation Reserve - - Retained Earnings (1,064,738) (935,554) Total Equity (49,263) 79,921
GLOBE CAPITAL LIMITED
CONSOLIDATED STATEMENT OF CASH FLOW
For the year ended 31 DECEMBER 2015
Audited Audited Year ended Year ended 31 December 31 December 2015 2014 GBP GBP Profit/(Loss) before tax (129,184) (149,111) Adjustment: Other income (2) (9) Depreciation 22,522 22,523 Operating profit/(loss) (106,664) (126,597) Cash flows from operating activities (Increase)/decrease in trade and other receivables 521 1,053 Increase/(decrease) in trade and other payables 56,996 (14,202) Cash utilised in operations (49,147) (139,746) Cash flows from investing activities Payment made to leasehold improvement - - Bank interest received 2 9 Net cash from investing activities 2 9 Cash flows from financing activities Issue of new shares - - Unsecured loans - - Proceed from loans from related parties - - Interest paid - - Net cash from financing activities - - (Decrease)/increase in cash and cash equivalents (49,145) (139,737) Cash and cash equivalents at the beginning of the 59,411 199,148 period Effect of foreign exchange rate - - Cash and cash equivalents at end of period 10,266 59,411
