SECURED PROPERTY DEVELOPMENTS PLC - Half-year Report
Announcement provided by
Secured Property Developments plc · SPD26/08/2016 12:00
Unaudited financial statements for the
period from
Registered number 2055395
Chairman’s Statement
Following the vote to leave the
However, the Board will continue to monitor suitable opportunities to develop and/or invest in, including possible funding of property developments, in order to enhance shareholder value
Chairman
26th
Unaudited profit and loss account
for the period from 1st
2016 2016 2015 2015 £ £ £ £ Turnover 7,000 48,668 Cost of sales (2,877) (1,618) _______ _______ Gross profit 4,123 47,050 Administrative expenses (43,512) (74,084) Exceptional Item 21,410 159,620 Operating (loss)/profit (17,979) 132,586 Interest receivable 1,266 1,431 Interest payable - (11,100) _______ _______ 1,266 (9,669) _______ _______ (Loss) / Profit on ordinary activities before (16,713) 122,917 taxation Taxation - (31,270) _______ _______ (Loss) / Profit on ordinary activities after (16,713) 91,647 taxation ====== ====== (Loss) / Profit per share (0.84)p 4.64p ====== ======
Unaudited Balance sheet
at 30th
2016 2016 2015 2015 £ £ £ £ Fixed assets Tangible assets - 300,000 Current assets Debtors 6,405 22,902 Cash at bank and in hand 760,227 621,387 _______ _______ 766,632 644,289 Creditors: amounts falling due within one (67,765) (259,234) year _______ _______ Net current assets 698,867 385,055 ________ ________ Total assets less current liabilities 698,867 685,055 Creditors: amounts falling due after more - - than one year _______ _______ Net assets 698,867 685,055 ====== ====== Capital and reserves Called up share capital 418,861 418,861 Share premium account 3,473 3,473 Revaluation reserve - 3,742 Profit and loss account 276,533 258,979 _______ _______ Shareholders’ funds 698,867 685,055 ====== ======
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