(''DS'' or "the Company'')
Unaudited Interim Report for the six-month period ended
Review of operations for the six-month period ended
I am pleased to present the interim report for the company covering its results for the period ending
Financial Review
The Company was formed to issue debt securities (namely listed bonds paying a 5% fixed interest over a twelve-month period) to
The Company successfully achieved its listing of the initial tranche of the bonds in
The Company relies on the funding of its Parent,
Outlook
The Directors believe that the Company, along with that of
Signed on behalf of the board on
A Chakravarty
Director
Unaudited Profit and loss account and statement of
comprehensive income for the six months ended
|
|
Six months ended |
|
Six months ended |
|
|
|
£ |
|
£ |
|
Administrative expenses |
|
(75,728) |
|
(75,888) |
|
Operating Profit/(Loss) |
|
(75,728) |
|
(75,888) |
|
Interest receivable and similar income |
|
991 |
|
50 |
|
Interest payable and similar charges |
|
(21,501) |
|
(1,094) |
|
Profit/(Loss) on ordinary activities before taxation |
|
(96,238) |
|
(76,932) |
|
Taxation on ordinary activities |
|
0 |
|
0 |
|
Profit /(Loss) on ordinary activities after taxation |
|
(96,238) |
|
(76,932) |
|
|
|
|
|
|
|
Loss per share - basic and diluted |
|
£ |
|
£ |
|
Ordinary shares |
|
(0.45) |
|
(0.35) |
|
All amounts relate to continuing activities.
All recognised gains and losses in the current and prior period are included in the profit and loss account.
Unaudited Balance sheet
at
|
|
|
|
|
|
£ |
£ |
£ |
£ |
|
|
|
|
|
Current assets |
|
|
|
|
Prepayments |
15,514 |
|
40,809 |
|
Cash at bank and in hand |
1,540,720 |
|
201,219 |
|
|
1,556,234 |
|
242,028 |
|
Creditors: amounts falling due within one year |
(1,492,861) |
|
(94,480) |
|
|
|
|
|
|
Net current assets |
|
63,374 |
|
147,548 |
|
|
|
|
|
Creditors: amounts falling due in more than one year |
|
(48,701) |
|
(1,509) |
|
|
|
|
|
Net Assets |
|
14,672 |
|
146,039 |
|
|
|
|
|
Capital and reserves |
|
|
|
|
Share Capital |
|
300,000 |
|
300,000 |
Profit and loss reserves
|
|
(285,328) |
|
(153,961)
|
|
|
|
|
|
Shareholders' funds |
|
14,672 |
|
146,039 |
Notes forming part of the unaudited interim report
for the six months ended
1. Accounting Policies
The interim financial information has been prepared in accordance with FRS102. The interim financial information incorporates the results for the company for the six months ended
2. Taxation on Profit on ordinary activities
The tax charge on profits assessable has been calculated at the rates of tax prevailing during the reporting period, based on legislation, interpretation and practices in respect thereof.
3. Loss per share
Loss per share has been calculated by dividing the loss after tax for the period of
4. Non-Statutory Financial Statements
The financial information contained in this unaudited interim report does not constitute full statutory financial statements as defined by section 240 of the Companies Act 1985.
5. Share Capital
On incorporation 50,000 ordinary shares of
6. Movement in bonds issued
At the beginning of the period, the Company had 910 bonds worth
The directors of
For further information, please contact:
Executive Director
Email: hello@dozens.com
Tel: 0808 164 1020
AQSE Corporate Advisor to
Attn:
www.alfredhenry.com
Tel: +44 (0) 203 772 0021
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