최종 결과
월 28 2024
미국, 호주, 캐나다, 남아프리카 공화국, 아일랜드 공화국 또는 일본 내에서 직접 또는 간접적으로 배포, 출판 또는 배포할 수 없습니다.
Fragrant Prosperity Holdings Limited
("FPP" or "the Company")
Fragrant Prosperity Holdings Limited (LSE: FPP) announces its audited annual financial results for the financial year ended 31 March 2023.
I have pleasure in presenting the financial statements of Fragrant Prosperity Holdings Limited (the "Company" or "FPP") for the financial year ended 31 March 2023.
During the year the Company entered into nonbinding heads of terms with Hi 55 Ventures Ltd ("Hi") a UK based fintech business in relation to the potential refinancing of FPP and acquisition of Hi by FPP. The consideration was expected to be approximately £47m to be satisfied in newly issued shares in the Company. Unfortunately, due to adverse market conditions, the intended acquisition was not completed and negotiations ceased after the year end.
이사회는 해당 부문 전반에 걸쳐 여러 가지 잠재적인 인수 기회를 계속 검토했지만 연말 기준으로 그 중 어느 것도 선택에 필요한 기준을 충족하지 못했습니다.
During the financial year, the Company reported a net loss of £126,237 (2022: £697,706) which represents ongoing administrative expenses and due diligence costs regarding the intended acquisition of Hi as well as identifying other potential targets. As at 31 March 2023, the Company had cash in bank balance of £195,395 (2022: £281,448).
The Board would provide further updates to shareholders in due course.
의장
문의:
| |
Optiva Securities Ltd (Financial Adviser) | |
비샬 발라싱엄 | + 44 (0) 20 3137 1902
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Fragrant Prosperity Holdings Limited
이사 보고서
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
이사 보고서
The Directors present their report together with the audited financial statements, for the financial year ended 31 March 2023.
The Company was incorporated on 28 January 2016 in the British Virgin Islands, as a company limited by shares under the BVI Business Companies Act, 2004. The registered office of the Company is at Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands.
Its issued share capital, consisting of Ordinary Shares, are currently admitted to a Standard Listing on the Official List in accordance with Chapter 14 of the Listing Rules and to trading on the London Stock Exchange's main market for listed securities.
On 12 December 2017 the company changed its name from Vale International Group Ltd to Fragrant Prosperity Holdings Ltd.
회사의 영업 성격은 인수목적회사로 활동하는 것입니다.
결과 및 배당금
The results for the year are set out in the Statement of Comprehensive Income on page 15. The Directors do not recommend the payment of a dividend on the ordinary shares.
Company objective and future developments
The Company was formed to undertake an acquisition of a target company or business. The Company does not have any specific acquisition under consideration and does not expect to engage in substantive negotiations with any target company or business in the immediate future. The Directors believe that their network, and the Company's cash resources and profile following Admission, mean that the Company will target an Acquisition where the target company has a value of up to £100 million. The Company expects that consideration for the Acquisition will primarily be satisfied by issue of new Shares to a vendor (or vendors), but that some cash may also be payable by the Company. Any funds not used in connection with the Acquisition will be used for future acquisitions, internal or external growth and expansion, and working capital in relation to the acquired company or business.
Following completion of the Acquisition, the objective of the Company will be to operate the acquired business and implement an operating strategy with a view to generating value for its Shareholders through operational improvements as well as potentially through additional complementary acquisitions following the Acquisition. Following the Acquisition, the Company intends to seek re-admission of the enlarged group to listing on the Official List and trading on the London Stock Exchange or admission to another stock exchange.
The Company's efforts in identifying a prospective target company or business will not be limited to a
particular industry or geographic region. However, given the experience of the Directors, the Company expects to focus on acquiring a company or business in the technology sector (in particular focussing on technology and/or intellectual property that is used in the financial services industry) or the medicinal cannabis and CBD Wellness sector with either all or a substantial portion of its operations in Europe or Asia. The Directors' initial search will focus on businesses based in or with operations in Hong Kong, Malaysia, or the United Kingdom.
주요 위험 및 불확실성
Currently the principal risks relate to the completion of the Acquisition, and whether, if unsuccessful, the Company could find sufficient suitable investments to ensure compliance with the requirements of its continued listing on the standard market.
회사의 재무 위험 관리 목표, 정책 및 전략에 대한 설명은 주석 8에 설명되어 있습니다.
중요 행사들
At the year end the Company had cash of approximately £195,395 and continues to keep administrative costs to a minimum so that the majority of funds can be dedicated to the review of and potentially investment in, suitable projects. The company is likely to receive additional funds in order to continue its activities.
이사
해당 연도에 회사의 이사는 다음과 같습니다.
Mahesh s/o Pulandaran
사이먼 제임스 레터
Craig Marshak (resigned 10 November 2021)
Richard Samuel
다니엘 레셰프
Director's interest
Mahesh s/o Pulandaran holds 1 share of the Company
Stonedale Management and Investments Ltd (a company which is under control of Simon James Retter), holds an option to subscribe for 2,500,000 shares for nil consideration.
Craig Marshak holds options to subscribe for 2,500,000 shares for nil consideration.
실질적인 주주
회사는 3년 20월 2024일 현재 발행된 자본금에서 XNUMX% 이상의 지분을 다음과 같이 통지받았습니다.
주주 | 보통주 | % 의 주식 자본 |
Hargreaves Lansdown Nominees Ltd | 13,917,721 | 23.1% |
대화형 투자자 서비스 | 10,002,290 | 16.6% |
Vidacos 후보자 Ltd | 5,960,249 | 9.9% |
Peel Hunt Partnerhsip | 5,177,182 | 8.6% |
Barclays Direct Investing | 3,955,124 | 6.6% |
JIM 후보 회사 | 3,333,333 | 5.5% |
윈터플러드 증권(주) | 2,996,755 | 5.0% |
James Brearly | 2,725,297 | 4.5% |
Bank of New York Nominees | 1,925,000 | 3.2% |
Joh Berenberg Gossler & Co | 1,879,306 | 3.1% |
자본 및 수익 관리
이사들은 인수 후 회사가 목표를 추구함에 따라 운전자본 목적으로 회사에서 추가 자기자본 조달이 필요할 수 있다고 생각합니다. 상당할 수 있는 그러한 추가 자본의 금액은 발생하는 인수 기회의 성격과 회사가 인수를 위해 사용하는 대가의 형태에 따라 달라지며 현재로서는 결정할 수 없습니다.
회사는 주주에 대한 모든 수익이 주로 보통주의 시세차익 및 회사의 배당 정책에 따라 지급된 배당금에서 발생할 것으로 예상합니다.
배당 정책
The Company is primarily seeking to achieve capital growth for its Shareholders.
It is the Board's intention during the current phase of the Company's development to retain future distributable profits from the business, to the extent any are generated. As a holding company, the Company will be dependent on dividends paid to it by its subsidiaries.
The Board does not anticipate declaring any dividends in the foreseeable future but may recommend dividends at some future date after the completion of the Acquisition and depending upon the generation of sustainable profits and the Company's financial position.
The Board can give no assurance that it will pay any dividends in the future, nor, if a dividend is paid, what the amount of such dividend will be.
The Company will only pay dividends to the extent that to do so is in accordance with all applicable laws.
제172조 성명
The Directors of the Company, as those of all UK compa-nies, must act in accordance with a set of general duties. These duties are detailed in section 172 of the UK Compa-nies Act 2006 which is summarized as follows:
"A director of a company must act in the way he consid-ers, in good faith, would be most likely to promote the success of the company for the benefit of its stakehold-ers as a whole, and in doing so have regard (amongst other matters) to:
(a) 장기적으로 어떤 결정의 가능한 결과;
(b) 회사 직원의 이익
(c) the need to foster the company's business relation-ships with suppliers, customers and others;
(d) the impact of the company's operations on the com-munity and the environment;
(e) the desirability of the company maintaining a reputa-tion for high standards of business conduct; and
(f) the need to act fairly as between stakeholders of the Company"
As part of their induction, all Directors are briefed on their duties and they can access professional advice on these, either from the Company Secretary or, if they judge it necessary, from an independent adviser. The Directors fulfil their duties partly through a governance framework that delegates day-to-day decision-making to employees of the Company and details of this can be found in our Governance section of the Directors Report.
다음 단락에서는 이사가 직무를 수행하는 방법을 요약합니다.
위기 관리
The Company is currently undertaking due diligence and working towards executing an acquisition of a target. It is therefore vital that we effectively identify, evaluate, manage and mitigate the risks we face, and that we continue to evolve our approach to risk management.
For details of our principal risks and uncertainties and how we manage our risk environment, please see page 4.
우리 민족
Our Company is committed to being a responsible business. Our behaviour is aligned with the expectations of our people, clients, investors, communities and society as a whole. We must also ensure we share common values that inform and guide our behaviour so we achieve our goals in the right way. The only employees are currently the Directors of the company, who strive to adhere to the highest ethical standards.
주주
The Board is committed to openly engaging with our shareholders, as we recognize the importance of contin-uing effective dialogue. It is important to us that share-holders understand our strategy and objectives, so these must be explained clearly, feedback heard and any issues or questions raised properly considered. Our board members, especially Simon Retter, holds a series of shareholders meetings several times a year on the back of financial and operational reporting.
커뮤니티 및 환경
The Company's approach is to use our strengths to cre-ate positive change for the people and communities with which we interact. We want to leverage our expertise and enable colleagues to support the communities around us.
기업 지배 구조
As a company with a Standard Listing, the Company is not required to comply with the provisions of the UK Corporate Governance Code. Although the Company does not comply with the UK Corporate Governance Code, the Company intends to adopt corporate governance procedures as are appropriate for the size and nature of the Company and the size and composition of the Board. These corporate governance procedures have been selected with due regard to the provision of the UK Corporate Governance Code insofar as is appropriate. A description of these procedure is set out below:
· until an Acquisition is made, the Company will not have nominations, remuneration, audit or risk committees. The Board as a whole will instead review its size, structure and composition, the scale and structure of the Directors' fees (taking into account the interests of Shareholders and the performance of the Company), take responsibility for the appointment of auditors and payment of their audit fee, monitor and review the integrity of the Company's financial statements and take responsibility for any formal announcements on the Company's financial performance. Following the Acquisition, the Board intends to put in place nomination, remuneration, audit and risk committees;
· the Board has adopted a share dealing code that complies with the requirements of the Market Abuse Regulations. All persons discharging management responsibilities shall comply with the share dealing code since the date of Admission; and
· Following the Acquisition and subject to eligibility, the Directors may, in future, seek to transfer the Company from a Standard Listing to either a Premium Listing or other appropriate listing venue, based on the track record of the company or business it acquires, subject to fulfilling the relevant eligibility criteria at the time. However, in addition to or in lieu of a Premium Listing, the Company may determine to seek a listing on another stock exchange. Following such a Premium Listing, the Company would comply with the continuing obligations contained within the Listing Rules and the Disclosure and Transparency Rules in the same manner as any other company with a Premium Listing.
The Company has not chosen to apply a particular corporate governance code, as the directors consider that the most widely recognised codes are not appropriate for companies with limited board resources.
XNUMXD덴탈의 Directors are responsible for internal control in the Company and for reviewing its effectiveness. Due to the size of the Company, all key decisions are made by the Board in full. The Directors have reviewed the effectiveness of the Company's systems during the period under review and consider that there have been no material losses, contingencies or uncertainties due to the weakness in the controls. The Board will be responsible for taking all proper and reasonable steps to ensure compliance with the Model Code by the Directors.
Emissions, Environmental & Social matters
The Company currently is not responsible for any emissions other than indirectly through travel for undertaking due diligence on target businesses. It is therefore not practical to quantify the total emissions of the Company. Likewise, as the nature of the Company is an acquisition company, it is the opinion of the Directors that it has no direct social, community and human rights issues are environmental matters on which it should disclose information. Presently all of the Directors of the Company are male, the Directors are actively seeking to balance the board with some female representation although this would likely occur upon a change in the board composition upon the completion of an acquisition.
책임 성명서
The directors are responsible for preparing the annual report and the non-statutory financial statements. The directors are required to prepare financial statements for the Company in accordance with International Financial Reporting Standards (IFRS) as adopted by the United Kingdom.
International Accounting Standard 1 requires that financial statements present fairly for each financial period the Company's financial position, financial performance and cash flows. This requires the faithful representation of transactions, other events and conditions in accordance with the definitions and recognition criteria for the assets, liabilities, income and expenses set out in the International Accounting Standards Board's "Framework for the Preparation and Presentation of Financial Statements". In virtually all circumstances, a fair representation will be achieved by compliance with all IFRS as adopted by the United Kingdom. Directors are also required to:
- 적절한 회계 정책을 선택한 다음 일관되게 적용합니다.
- 관련성 있고 신뢰할 수 있으며 비교 가능하고 이해하기 쉬운 정보를 제공하는 방식으로 회계 정책을 포함한 정보를 제시합니다. 그리고
- provide additional disclosures when compliance with the specific requirements in IFRS as adopted by the United Kingdom is insufficient to enable users to understand the impact of particular transactions, other events and conditions on the Company's financial position and financial performance.
The directors are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time, the financial position of the Company. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The maintenance and integrity of the Fragrant Prosperity Holdings Ltd website (http://www.fragrantprosperityholdings.com/) is the responsibility of the Directors; work carried out by the auditors does not involve the consideration of these matters and, accordingly, the auditors accept no responsibility for any changes that may have occurred in the accounts since they were initially presented on the website.
Legislation in the British Virgin Islands governing the preparation and dissemination of the financial statements and the other information included in annual reports may differ from legislation in other jurisdictions.
The Directors are responsible for preparing the Financial Statements in accordance with the Disclosure and Transparency Rules of the United Kingdom's Financial Conduct Authority ('DTR') and with International Financial Reporting Standards as adopted by the United Kingdom.
이사는 자신이 아는 한 다음을 확인합니다.
· 관련 재무 보고 프레임워크에 따라 작성된 재무제표는 회사의 자산, 부채, 재무 상태 및 손익에 대해 진실하고 공정한 관점을 제공합니다. 그리고
· the Chairman's Statement and Directors' Report include a fair review of the development and performance of the business and the financial position of the Company, together with a description of the principal risks and uncertainties that it faces.
감사인 및 정보 공개
이사는 다음을 확인합니다.
· there is no relevant audit information of which the Company's non-statutory auditor is unaware; and
· each Director has taken all the necessary steps he ought to have taken as a Director in order to make himself aware of any relevant audit information and to establish that the Company's non-statutory auditor is aware of that information.
관심가는
During the year the Company worked on acquiring the entire share capital of a business that led to significant expenditure on legal, due diligence and other associated costs. The acquisition was due to be completed alongside a capital raise to provide working capital for the enlarged group, due to adverse market conditions the capital raise was unsuccessful and the result was the deletion of the Companies existing cash reserves. As well as the unsuccessful reverse takeover significant additional expenditure was incurred as a result of a dispute that arose during the period with a convertible loan note holder, which was subsequently settled placing further strain on the cash resources of the Company. Due to the limited cash balance as at the period end the Company is in the process of seeking additional funding in order to purse its strategy of making an acquisition to seek re-admission of the enlarged group to listing on the Official List and trading on the London Stock Exchange or admission to another stock exchange.
Should the raising of new capital be unsuccessful then the Company faces significant uncertainty over its ability to continue as a going concern. The Company has reduced its cash expenditure to a minimum whilst it works on the recapitalisation of the business.
기후 리스크 관리
The Board oversees and has ultimate responsibility for the Company's sustainability initiatives, disclosures, and reporting. This includes, but is not limited to, climate risks and opportunities. As a shell company, the Company is exempt from providing the disclosures required by the Taskforce on Climate-related Financial Disclosures ("TCFD"). However, this section provides an overview of the Company's approach to managing the very limited climate risks it currently faces.
The executive management team have day-to-day responsibility for assessing and managing climate-related risks and opportunities. We are committed to minimising the Company's impact on the environment. As it is presently constituted, the Company's environmental impact is minimal and climate-related risks and opportunities are extremely limited until it acquires another business. At present, the Company has no operating investments, and its only employees are the directors. These employees perform largely information-based roles, and they all work from home as the Company no longer maintains business premises.
The only environmental impact currently is from business travel, which has been extremely limited in the past two years and is expected to continue to be lower than previously as a result of the post-pandemic shift towards virtual tools. The Company's overall environmental impact is therefore minimal The Company's approach is therefore to seek to maintain lean working arrangements, use technology to minimise business travel and encourage employees to recycle, minimise energy wastage, and do their part to ensure that the Company acts responsibly. If the Company continues to operate as it is presently constituted it is therefore difficult to identify any climate related risks in the short, medium or long term that could significantly impact the business. For this reason, the Company does not presently feel it is appropriate or necessary to apply metrics or targets to assess climate related risks beyond the Greenhouse gas reporting presented below.
Clearly, the Company does not intend to continue operating in its present form indefinitely, we intend to make acquisitions that will profoundly change the scale and climate-related risk profile of the business and the process for identifying and managing them. It is not possible to reach any sensible conclusions today about which risks the Company may be exposed to in the) future without knowing what businesses it will acquire.
While it is not possible to know today what climate related risks it will inherent, the Company is conscious that such risks and opportunities will exist in any potential acquisition and considers that the most important objective is to ensure these are properly understood in the due diligence phase of any transaction so appropriate decisions can be taken on risk mitigation tools. The Company's Board have concluded that the most appropriate way to address this is to ensure that climate-related risks are specifically scoped in when undertaking due diligence on acquisition targets.
온실 가스 배출량
Considering the non-material environmental impacts of the Company's business as described in this report, management takes the view that greenhouse gas emissions are the most important metric to track and against which future targets may be set. We have compiled our greenhouse gas ("GHG") emissions in accordance with the Companies Act 2006 (Strategic Report and Directors' Report) Regulations 2013 ("SECR").
Calculations follow the GHG Protocol Corporate Accounting and Reporting Standard (revised edition). The GHG reporting period aligns with the financial statements and boundaries are defined using the financial control approach. GHG emissions are broken down into three categories; reporting is required only on scope 1 and 2: Scope 1 emissions: Direct emissions from sources owned or controlled by the Company. Scope 2 emissions: Indirect emissions attributable to the Company due to its consumption of purchased electricity. Scope 3 emissions: Other indirect emissions associated with activities that support or supply the Company's operations.
The Company has no Scope 1 emissions. The Company's Scope 2 and Scope 3 emissions for the year to 31 December 2023 or the prior period. No further energy and carbon information is disclosed as the Company is exempt on the grounds of being a low energy user within the meaning of SECR. At the present time, the Company does not consider it appropriate to set emissions reduction targets, particularly given the low levels of emissions already achieved.
The Company does not currently hold any investments. When investments are held, the Company will keep under review whether it would be appropriate to support investee companies in tracking metrics and setting targets.
보고일 이후의 사건
Subsequent to the year end the Company ceased its exclusivity period with Hi 55 Ventures and the intended refinancing and acquisition did not proceed.
Events after the reporting date have been disclosed in note 13 to the financial statements.
INDEPENDENT AUDITOR'S REPORT TO THE MEMBERS OF FRAGRANT PROSPERITY HOLDINGS LTD
의견
We have audited the financial statements of Fragrant Prosperity Holdings Limited (the 'Company') for the year ended 31 March 2023 which comprise the statement of comprehensive income, statement of financial position, statement of changes in equity, statement of cash flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in the preparation of the financial statements is applicable law and International Financial Reporting Standards (IFRSs) as adopted by the United Kingdom.
우리의 의견으로는 재무 제표는 다음과 같습니다.
· 31년 2023월 XNUMX일 현재 회사 업무의 상태와 해당 연도의 손실에 대해 진실하고 공정한 견해를 제시합니다.
· have been properly prepared in accordance with international accounting standards in conformity with International Financial Reporting Standards ("IFRSs") adopted pursuant to Regulation (EC) No 1606/2002 as it applies in the United Kingdom ("UK");
의견의 근거
우리는 국제감사기준(영국)(ISA(영국)) 및 관련법에 따라 감사를 실시했습니다. 이러한 기준에 따른 우리의 책임은 우리 보고서의 재무제표 감사에 대한 감사인의 책임 섹션에 자세히 설명되어 있습니다.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion.
독립
우리는 상장된 공익 단체에 적용되는 FRC의 윤리 기준을 포함하여 영국 재무제표 감사와 관련된 윤리적 요구 사항에 따라 회사로부터 독립적이며, 다음에 따라 기타 윤리적 책임을 이행했습니다. 이러한 요구 사항.
To the best of our knowledge and belief, we declare that non-audit services prohibited by the FRC's Ethical Standard were not provided and that we have not provided any non-audit services to the Company in the period under audit.
계속기업과 관련된 중요한 불확실성
In forming our opinion on the financial statements, which is not modified, we have considered the adequacy of the disclosures made in note 2 of the financial statements concerning the Company's ability to continue as a going concern. The conditions described in note 2 indicate the existence of material uncertainties which may cast significant doubt about the Company's ability to continue as going concern. The financial statements do not include the adjustments that would result if the Company was unable to continue as a going concern.
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Our evaluation of the directors' assessment of the entity's ability to continue to adopt the going concern basis of accounting included carrying out a risk assessment which covered the nature of the Company, its business model and related risks including where relevant the impact of Coronavirus, the requirements of the applicable financial reporting framework and the system of internal control. We evaluated the directors' assessment of the group's ability to continue as a going concern, including challenging the underlying data and key assumptions used to make the assessment, and evaluated the directors' plans for future actions in relation to their going concern assessment.
계속기업에 대한 우리의 책임과 이사의 책임은 이 보고서의 관련 섹션에 설명되어 있습니다.
주요 감사 사항
Key audit matters are those matters that, in our professional judgment, were of most significance on our audit of the financial statements of the current period and include the most significant assessed risks of material misstatement (whether or not due to fraud) we identified, including those which had the greatest effect on the overall audit strategy, the allocation of resources in the audit; and directing the efforts of the engagement team. These matters were addressed in the context of our audit of the financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate opinion on these matters.
위험 | 위험에 대한 우리의 대응 | 우리의 반응과 관찰 |
수익 인식 사기로 인해 수익이 실질적으로 과소평가될 위험이 있습니다. | We reviewed the Company's revenue recognition policies and how they are applied. | No revenue was recognised in the year and this was in accordance with the Company's accounting policy and we concluded that no evidence of fraud or other understatement was identified. |
컨트롤의 관리 재정의 Journals can be posted that significantly alter the financial statements of the entity. | 우리는 연말에 게시된 저널을 조사했으며 특히 조작하기 쉬운 영역에 초점을 맞췄습니다. | 우리는 재무제표의 어떤 부분에도 기록된 부적절한 수동 분개와 관련하여 경영진이 무시했다는 증거를 확인하지 못했습니다. |
In addition to the above identified key audit matters, Going Concern has been identified as a key risk area within the financial statements and the matter has been addressed within the "Material uncertainty related to going concern" section of the audit report above.
중요성의 적용
우리는 중요성을 합리적으로 지식을 갖춘 사람의 경제적 결정이 부과되거나 영향을 받을 가능성이 있게 만드는 재무제표의 왜곡 표시 규모로 정의합니다. 우리는 감사 업무의 계획과 범위, 그리고 업무 결과를 평가하는 데 모두 중요성을 활용합니다.
Based on our professional judgement we determine materiality for the Company to be £6,312 and this financial benchmark, which has been used throughout the audit, is based on approximately 4% of the Company's net assets at the year end. Where considered relevant the materiality is adjusted to suit the specific risk profile of the Company.
Performance materiality is the application of materiality at the individual account or balance level set at an amount to reduce to an appropriately low level the probability that the aggregate of uncorrected and undetected misstatements exceeds materiality. Performance materiality was set at £4,734 (75%) of the above materiality level. We agreed with the board that we would report to the committee all individual audit differences identified during the course of our audit in excess of £316 (5% materiality). Errors below the threshold would also be reported, if in our opinion the error warranted reporting on qualitative grounds.
감사 범위 개요
Our audit was scoped by obtaining an understanding of the Company and its environment, including the system of internal control, and assessing the risks of material misstatement in the financial statements. The audit work is conducted centrally by one audit team, led by the Senior Statutory Auditor.
기타 정보
기타 정보는 재무제표 및 이에 대한 감사보고서 이외의 연차보고서에 포함된 정보로 구성됩니다. 이사는 연례 보고서에 포함된 기타 정보에 대한 책임이 있습니다. 재무제표에 대한 우리의 의견은 다른 정보를 다루지 않으며, 우리 보고서에 달리 명시적으로 명시된 경우를 제외하고는 이에 대한 어떠한 형태의 보증 결론도 나타내지 않습니다.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements, or our knowledge obtained in the course of the audit, or otherwise appears to be materially m
isstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
이러한 맥락에서 당사가 기타 정보에 대한 수정되지 않은 중요한 왜곡 표시로 귀하에게 보고하도록 특별히 요구되는 사항에는 다음과 같은 결론이 포함됩니다.
· Fair, balanced and understandable - the statement given by the directors that they consider the annual report and financial statements taken as a whole is fair, balanced and understandable and provides the information necessary for shareholders to assess the Company's position and performance, business model and strategy, is materially inconsistent with our knowledge obtained in the audit; or
우리는 이러한 문제와 관련하여 보고할 것이 없습니다.
예외적으로 보고해야 하는 사항
In the light of the knowledge and understanding of Company and its environment obtained in the course of the audit, we have not identified material misstatements in the chairman's statement or the directors' report.
이사의 책임
7페이지에 명시된 이사의 책임 진술서에서 더 자세히 설명된 바와 같이, 이사는 재무제표를 작성하고 그들이 진실하고 공정한 견해를 제공하는지 확인하고 이사가 다음과 같이 결정하는 내부 통제에 대한 책임이 있습니다. 부정이나 오류로 인한 중요한 왜곡표시가 없는 재무제표를 작성하는 데 필요합니다.
재무제표를 작성할 때 이사는 회사의 계속 기업으로서의 존속 능력을 평가하고, 해당되는 경우 계속 기업과 관련된 사항을 공개하며, 이사가 회사를 청산하거나 운영을 중단하거나 그렇게 하는 것 외에는 현실적인 대안이 없습니다.
재무제표 감사에 대한 감사인의 책임
우리의 목적은 재무제표 전체에 부정이나 오류로 인한 중요한 왜곡표시가 없는지에 대한 합리적인 확신을 얻고 우리의 의견이 포함된 감사보고서를 발행하는 것입니다. 합리적인 확신은 높은 수준의 확신을 의미하지만 ISA(영국)에 따라 수행된 감사가 중요한 왜곡표시가 존재하는 경우 이를 항상 발견한다는 보장은 아닙니다.
왜곡표시는 사기나 오류로 인해 발생할 수 있으며, 왜곡표시가 개별적으로 또는 전체적으로 이러한 재무제표에 기초하여 취해진 이용자의 경제적 결정에 영향을 미칠 것으로 합리적으로 예상할 수 있는 경우 중요한 것으로 간주됩니다.
재무제표 감사에 대한 우리의 책임에 대한 추가 설명은 재무보고위원회 웹사이트 https://www.frc.org.uk/auditorsresponsibility에서 확인할 수 있습니다. 이 설명은 감사 보고서의 일부를 구성합니다.
감사가 사기를 포함한 부정행위를 탐지할 수 있는 것으로 간주되는 정도에 대한 설명
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. Our approach was as follows:
· We obtained an understanding of the legal and regulatory frameworks that are applicable to the Coup and determined the most significant are those that relate to the reporting framework (IFRS) and the relevant tax compliance regulations in the jurisdictions in which the Company operates.
· We understood how the Company is complying with those frameworks by making enquiries of management, the Company Secretary, and those responsible for legal and compliance procedures. We corroborated our enquiries through our review of board minutes, papers provided to the board, discussion with the board and any correspondence received from regulatory bodies.
· We assessed the susceptibility of the Company's financial statements to material misstatement, including how fraud might occur by enquiring with management and the board during the planning and execution phase of our audit. We considered the programs and controls that the Company has established to address risks identified, or that otherwise prevent, deter and detect fraud and how senior management monitors those programs and controls. Where the risk was considered to be higher, we performed audit procedures to address each identified fraud risk including revenue recognition as discussed above. These procedures included testing manual journals and were designed to provide reasonable assurance that the financial statements were free from fraud or error.
· Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved journal entry testing, with a focus on manual journals and journals indicating large or unusual transactions based on our understanding of the business; enquiries of the Company Secretary and management; and focused testing, as referred to in the key audit matters section above.
위에서 설명한 감사 절차에는 고유한 제한 사항이 있습니다. 비법정 재무제표에 반영된 사건 및 거래와 밀접한 관련이 없는 법규 위반 사례를 인지할 가능성이 적습니다. 또한 사기는 예를 들어 위조 또는 고의적인 허위진술 또는 담합을 통한 고의적 은폐를 포함할 수 있으므로 사기로 인한 중대한 왜곡표시를 감지하지 못할 위험이 오류로 인한 오류를 감지하지 못할 위험보다 높습니다.
감사 테스트에는 특정 거래 및 잔액의 전체 모집단 테스트가 포함될 수 있습니다. 그러나 일반적으로 전체 모집단을 테스트하는 것보다 테스트를 위해 제한된 수의 항목을 선택하는 것과 관련됩니다. 우리는 종종 크기나 위험 특성을 기반으로 테스트를 위해 특정 항목을 대상으로 하려고 합니다. 다른 경우에는 감사 샘플링을 사용하여 샘플이 선택된 모집단에 대한 결론을 도출할 수 있습니다.
기타 당사가 처리해야 하는 사항
We were appointed by the board on 25 June 2021 to audit the financial statements for the period ending 31 March 2021. Our total uninterrupted period of engagement is 3 years, covering the period ending 31 March 2023.
FRC의 윤리 기준에서 금지하는 비감사 서비스는 회사에 제공되지 않았으며 우리는 감사를 수행함에 있어 회사와 독립적입니다.
Our audit opinion is consistent with the additional report to the board.
보고서 사용
This report is made solely to the Company's members, as a body, in accordance with our engagement letter dated 4 February 2024. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members as a body, for our audit work, for this report, or for the opinions we have formed.
BENJAMIN BIDNELL (Senior Statutory Auditor)
For and on behalf of SHIPLEYS LLP,
공인 회계사 및 법정 감사
10 Orange Street, Haymarket, 런던, WC2H 7DQ
포괄손익계산서
FOR THE FINANCIAL ENDED 31 MARCH 2023
|
|
31년 2023월 XNUMX일 종료 |
|
31년 2022월 XNUMX일 종료 |
| |||||
노트 |
|
| £ |
| £ |
| ||||
|
|
|
|
|
| |||||
기타 운영비 | (98,689) | (673,033) |
| |||||||
이자 비용 | (27,548) | (24,673) |
| |||||||
과세 전 영업 손실 |
|
| (126,237) |
| (697,706) |
| ||||
소득세 비용 | 3 |
|
| - |
| - |
| |||
LOSS FOR THE PERIOD ATTRIBUTABLE TO EQUITY HOLDERS OF THE COMPANY |
|
|
|
| (126,237) |
| (697,706) |
| ||
|
|
|
|
|
| |||||
기타 종합소득 |
|
|
|
|
|
| ||||
기타 포괄 손익 |
|
| - |
| - |
| ||||
|
|
|
|
|
| |||||
해당 기간의 총포괄손실 |
|
| (126,237) |
| (697,706) |
| ||||
기본 및 희석 주당 손실(펜스) | 5 |
| (0.20) |
| (1.12) | |||||
The notes to the financial statements form an integral part of these financial statement
재무상태표
31년 2023월 XNUMX일 현재
| ~에서 월 31 2023 |
| ~에서 월 31 2022 | |||
노트 |
| £ |
| £ | ||
현재 자산 |
|
|
|
| ||
현금 및 현금성 자산 |
| 195,395 | 281,448 | |||
선불 |
| 15,750 |
| - | ||
TOTAL 자산 |
| 211,145 |
| 281,448 | ||
|
|
|
|
| ||
유동 부채 |
|
|
|
| ||
무역 채권자 |
| (187,578) |
| (189,192) | ||
발생
|
| (54,079) | (24,079) | |||
전환대출 어음 | (506,351) | (478,803) | ||||
부채 총계 |
| (748,008) |
| (692,074) | ||
순자산 |
| (536,863) |
| (410,626) | ||
|
|
|
| |||
회사의 주주에게 귀속되는 지분 |
|
|
|
| ||
주식 자본 이익 잉여금 Convertible loan note Reserve | 6
| 1,492,146 (2,080,552) 51,543 | 1,492,146 (1,954,315) 51,543 | |||
총 자본 |
| (536,863) |
| (410,626) | ||
|
|
|
|
노트들 재무 제표는 이러한 재무 제표의 불가분의 일부를 형성합니다.
현금 흐름에 대한 설명
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
| 연말 |
| 연말 | |||
| £ |
| £ | |||
|
|
|
| |||
|
|
|
|
| ||
세전 손실 | (126,237) | (697,706) | ||||
이자 비용 | 27,548 | (22,855) | ||||
공유 기반 지불 | - | 24,677 | ||||
영업 활동으로 인한 현금 흐름 |
|
|
| (98,689) |
| (695,884) |
운전 자본의 변화 |
| |||||
Movement in other payables |
| 28,386 | 162,852 | |||
Movement in prepayments and other debtor |
| (15,750) | 47,276 | |||
영업활동으로 인한 순현금유출 |
| (86,053) | (485,756) | |||
|
|
|
| |||
|
|
|
| |||
지분 발행 |
| - |
| - | ||
발행 비용 |
| - |
| - | ||
Repayment of convertible loan note |
| - |
| (310,000) | ||
전환사채 발행 |
| - |
| 515,000 | ||
투자 활동으로 인한 순 현금 흐름 |
| - |
| 205,000 | ||
현금 및 현금 등가물의 순 감소 |
| (86,053) |
| (280,756) | ||
기간 초기 현금 및 현금성 자산 | 281,448 | 562,204 | ||||
기말의 현금 및 현금성 자산 |
| 195,395
|
| 281,448
| ||
|
|
|
|
자본 변동 명세서
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
주식 자본 | 전환사채 어음 적립금 |
| 이익 잉여금 | 금액 | |||
| £ | £ |
| £ | £ | ||
31년 2021월 XNUMX일 현재 | 1,492,146 |
| 50,397 |
| (1,281,286) |
| 261,257 |
지분 발행 | - |
| - | - |
| - | |
Issues of equity costs | - |
| - | - |
| - | |
Derecognition of Convertible Loan | - |
| (50,397) | - |
| (50,397) | |
Recognition of Convertible Loan | - |
| 51,543 | - |
| 51,543 | |
올해의 손실 | - |
| - | (697,706) |
| (697,706) | |
공유 기반 지불 요금 | - |
| - | 24,677 |
| 24,677 | |
해당 연도의 총 포괄 손실 | - |
| - | (673,029) |
| (673,029) | |
31년 2022월 XNUMX일 현재 | 1,492,146 |
| 51,543 | (1,954,315) |
| (410,626) | |
지분 발행 | - |
| - | - |
| - | |
Issues of equity costs | - |
| - | - |
| - | |
Derecognition of Convertible Loan | - |
| - | - |
| - | |
Recognition of Convertible Loan | - |
| - | - |
| - | |
올해의 손실 | - |
| - | (126,237) |
| (126,237) | |
공유 기반 지불 요금 | - |
| - | - |
| - | |
해당 연도의 총 포괄 손실 | - |
| - | (126,237) |
| (126,237) | |
31년 2022월 XNUMX일 현재 | 1,492,146 |
| 51,543 | (2,080,552) |
| (536,863) |
재무제표에 대한 주석
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2023
1. 일반 정보
The Company was incorporated in the British Virgin Islands on 28 January 2016 as an exempted company with limited liability.
The Company's Ordinary shares are currently admitted to a standard listing on the Official List and to trading on the London Stock Exchange.
On the 12 December 2017 the company changed its name from Vale International Group Ltd to Fragrant Prosperity Holdings Ltd.
회사의 영업 성격은 인수목적회사로 활동하는 것입니다.
2. 회계정책
이사회는 아래에 제시된 회계정책을 검토하였고 이것이 회사의 사업활동에 가장 적합하다고 간주합니다.
준비의 기초
The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) as adopted by the United Kingdom and IFRIC interpretations applicable to companies reporting under IFRS. The financial statements have been prepared under the historical cost convention as modified for financial assets carried at fair value.
회사의 재무 정보는 영국 파운드 스털링("£")으로 표시됩니다.
발표되었지만 아직 적용되지 않은 표준 및 해석
At the date of authorisation of this financial information, the Directors have reviewed the Standards in issue by the International Accounting Standards Board ("IASB") and IFRIC, which are effective for accounting periods beginning on or after the stated effective date. In their view, none of these standards would have a material impact on the financial reporting of the Company.
관심가는
Until such time as the Company makes a significant investment it will meet its day to day working capital requirements from its existing cash reserves and by raising new equity finance.
In the year ended 31 March 2023 the Company recorded a loss after tax of £126,237 (2022: £697,706) and a net cash outflow from operating activities of £86,053 (2022: £485,756).
The directors have prepared cash flow forecasts covering a period of at least 12 months from the date of approval of the financial statements which assume that no significant investment activity is undertaken unless sufficient funding is in place.
The Company had cash of £195,395 at 31 March 2023 which the directors believe is insufficient to undertake the required steps to make an investment and fulfil its investment mandate and the Company is therefore seeking to raise additional capital to proceed with its strategy.
During the year the Company incurred predominantly ongoing administrative costs, the majority of the work undertaken on acquiring the entire share capital of a business that led to some minor expenditure on legal, due diligence and other associated costs occurred after the year end. The acquisition was due to be completed alongside a capital raise to provide working capital for the enlarged group, due to the intended acquisition not proceeding the result was the deletion of the Companies existing cash reserves further following the year end. Due to the limited cash balance as at the period end the Company is in the process of seeking additional funding in order to purse its strategy of making an acquisition to seek re-admission of the enlarged group to listing on the Official List and trading on the London Stock Exchange or admission to another stock exchange.
The Should the raising of new capital be unsuccessful then the Company faces significant uncertainty over its ability to continue as a going concern. The Company has reduced its cash expenditure to a minimum whilst it works on the recapitalisation of the business.
현금 및 현금성 자산
회사는 단기 예금 및 기타 단기 투자에 대한 현금을 현금 등가물로 간주합니다.
과세
현재 납부해야 하는 세금은 해당 기간의 과세소득을 기준으로 합니다. 과세소득은 다른 기간에 과세되거나 공제될 수 있는 소득 또는 비용 항목을 제외하고, 비과세 또는 공제할 수 없는 항목도 제외하기 때문에 손익계산서에 보고된 순이익과 다릅니다. 당기법인세에 대한 회사의 부채는 보고일까지 제정되었거나 실질적으로 제정된 세율을 사용하여 계산됩니다.
Deferred income tax is provided for using the liability method on temporary timing differences at the reporting date between the tax basis of assets and liabilities and their carrying amounts for financial reporting purposes. Deferred income tax liabilities are recognised in full for all temporary differences. Deferred income tax assets are recognised for all deductible temporary differences carried forward of unused tax credits and unused tax losses to the extent that it is probable that taxable profits will be available against which the deductible temporary differences and carry-forward of unused tax credits and unused losses can be utilised.
이연법인세자산의 장부금액은 매 보고기간말에 평가하고 이연법인세자산의 전부 또는 일부를 사용할 수 있을 만큼 충분한 과세소득이 발생할 가능성이 더 이상 높지 않은 범위에서 차감하고 있습니다. 미인식 이연법인세자산은 매 보고기간말에 재평가하여 미래 과세소득으로 인해 이연법인세자산이 회수될 가능성이 높은 정도로 인식하고 있습니다.
금융 상품
금융자산과 금융부채는 회사가 금융상품의 계약조항의 당사자가 되는 시점에 재무상태표에 인식됩니다.
금융 자산
금융자산은 최초 인식시점에 후속적으로 상각후원가, 기타포괄손익-공정가치, 당기손익-공정가치로 분류하고 있습니다. 최초 인식시점의 금융자산의 분류는 금융자산의 계약상 현금흐름의 특성과 이를 관리하기 위한 연결실체의 사업모형에 따라 결정됩니다.
분류는 금융자산을 취득한 목적에 따라 다릅니다. 경영진은 최초 인식시점에 금융자산의 분류를 결정하고 매 보고일에 이 분류를 재평가합니다.
보고기간말 현재 연결실체는 후속적으로 공정가치로 측정되는 금융자산을 보유하고 있지 않습니다.
영업 부문
The directors are of the opinion that the business of the Company comprises a single activity, that of an investment company. Consequently, all activities relate to this segment.
중요한 회계 추정 및 판단
The preparation of financial statements in compliance with IFRS as adopted for use by the United Kingdom requires the use of certain critical accounting estimates or judgements. The directors do not consider there to be any key estimation uncertainty. In respect of critical judgements, the only key judgement is the adoption of going concern on the basis for preparing the financial statements, details of which are set out in note 2.
공유 기반 지불
The Company operates equity-settled, share-based compensation plans, under which the entity receives services from employees as consideration for equity instruments (options) of the Company. The fair value of employee services received in exchange for the grant of share options are recognised as an expense. The total expense to be apportioned over the vesting period is determined by reference to the fair value of the options granted:
· 모든 시장 성과 조건을 포함합니다.
· 서비스 및 비시장 성과 베스팅 조건의 영향을 제외합니다. 그리고
· 비베스팅 조건의 영향을 포함합니다.
Non-market performance and service conditions are included in assumptions about the number of options that are expected to vest. The total expense is recognised over the vesting period, which is the period over which all of the specified vesting conditions are to be satisfied. At the end of each reporting period the Company revises its estimate of the number of options that are expected to vest.
원래 추정치의 수정이 있을 경우 그에 따른 자본 조정을 통해 당기손익에 미치는 영향을 인식합니다.
옵션이 행사되면 회사는 신주를 발행합니다. 직접적으로 관련된 거래 비용을 제외한 수익금은 자본금(명목 가치)과 주식 프리미엄으로 적립됩니다.
주식과 교환하여 받은 재화나 용역의 공정가치는 비용으로 인식됩니다.
3. INCOME TAX EXPENSE
The Company is regarded as resident for the tax purposes in British Virgin Islands.
No tax is applicable to the Company for the year ended 31 March 2023 and 2022. Consequently no deferred tax is recognised as all timing differences are permanent.
4. LOSS BEFORE TAXATION
소득세 전 손실은 청구 후 다음과 같이 표시됩니다.
연말 월 31 2023 | 연말 월 31 2022 | ||
£
| £
| ||
직원 비용(주 7) | 25,000 | 77,500 | |
감사 보수: | |||
회사의 연간 회계 감사를 위해 회사의 감사인에게 지불해야 하는 수수료 | 14,000 | 7,500 |
주당 손실
Basic loss per ordinary share is calculated by dividing the loss attributable to equity holders of the Company by the weighted average number of ordinary shares in issue during the period. Diluted earnings per share is calculated by adjusting the weighted average number of ordinary shares outstanding to assume conversion of all dilutive potential ordinary shares. There are currently no dilutive potential ordinary shares.
보통주에 귀속되는 주당손실
연말 월 31 2023 | 연말 월 31 2022 | ||
해당 기간 동안의 손실(£) | (126,237) | (697,706) | |
가중평균주식수(단위) | 62,223,386 | 62,223,386 | |
주당 손실(펜스) | (0.20) | (1.12) |
5. SHARE CAPITAL
번호 주식의 | £ | |
Balance at 31 March 2021, 2022 and 2023 | 62,223,386 | 1,492,146 |
On 3 March 2021 the Company issued 10,360,564 new ordinary shares in the company at a price of 5.25 pence per share.
On the 6 December 2021 the company issued 17,500,000 options with an exercise price of 2 pence per share as part of a settlement of an ongoing dispute. The options were valued using a Black Scholes model and resulted in a share based payment charge of £24,677 during the year.
6. STAFF COSTS
연말 월 31 2023
| 연말 월 31 2022 | ||
£ | £ | ||
직원 비용 | - | - | |
이사 수수료 | 23,500 | 72,500 | |
23,500 | 72,500 |
The average numbers of person employed by the Company (including directors) during the reporting period was 4 (2022: 4).
7. CAPITAL MANAGEMENT POLICY
자본을 관리할 때 회사의 목적은 주주에게는 수익을 제공하고 다른 이해 관계자에게는 이익을 제공하기 위해 계속 기업으로서 계속될 수 있는 회사의 능력을 보호하고 자본 비용을 줄이기 위해 최적의 자본 구조를 유지하는 것입니다. 회사의 자본구조는 발행주식자본과 준비금으로 구성된 회사의 주주에게 귀속되는 자본으로 구성되어 있습니다.
8. FINANCIAL RISK MANAGEMENT
The Company uses a limited number of financial instruments, comprising cash and other payables, which arise directly from operations. The Company does not trade in financial instruments.
재정적 위험 요소
The Company's activities expose it to a variety of financial risks: currency risk, credit risk, liquidity risk and cash ?ow interest rate risk. The Company's overall risk management programme focuses on the unpredictability of financial markets and seeks to minimise potential adverse effects on the Company's financial performance.
a) 통화위험
회사는 국제적으로 사업을 운영하지 않으며 외환 위험에 대한 노출은 파운드 스털링 이외의 통화로 표시된 거래 및 잔액으로 제한됩니다.
나) 신용위험
The Company does not have any major concentrations of credit risk related to any individual customer or counterparty. Credit risk arises from cash and cash equivalents and deposits with banks and financial institutions. The Group has taken necessary steps and precautions in minimising the credit risk by lodging cash and cash equivalents only with reputable licensed banks.
다) 유동성 위험
Prudent liquidity risk management implies maintaining sufficient cash and the Company ensures it has adequate resource to discharge all its liabilities. The directors have considered the liquidity risk as part of their going concern assessment. (See note 2). At the date of approval of the financial statements there was a material uncertainty in relation to liquidity risk.
d) 현금흐름 이자율 위험
회사는 중요한 이자부부채 및 자산을 보유하고 있지 않습니다. 회사는 유리한 이자율이 보장되도록 이자부 자산의 이자율을 면밀히 모니터링합니다.
공정한 가치
경영진은 현금 및 단기예금, 매출채권, 매입채무, 은행 당좌차월 및 기타 유동부채의 공정가치가 주로 이러한 상품의 단기 만기로 인해 장부금액과 유사하다고 평가했습니다.
9. 금융 상품
연결실체의 주요금융상품은 현금및현금성자산과 기타채무로 구성되어 있습니다. 인식기준, 금융자산, 금융부채 및 지분상품의 종류별로 수익과 비용을 인식하는 기준 등 회사가 채택한 회계정책과 방법은 주석 2에 명시되어 있습니다. 투기 목적의 도구.
금융상품위험이 발생하는 당사의 주요 금융상품은 다음과 같습니다.
| ~에서 월 31 2023 |
| ~에서 월 31 2022 |
| £ |
| £ |
금융 자산 | |||
대출금 및 수취채권 | |||
현금 및 현금성 자산 | 195,395 | 281,448 | |
-------------------------- | -------------------------- | ||
총 금융 자산 | 195,395 | 281,448 | |
================ | ================ | ||
상각후원가로 측정하는 금융부채 | |||
기타 채무 | 187,578 | 189,192 | |
전환대출 어음 | 506,351 | 478,803 | |
-------------------------- | -------------------------- | ||
총금융부채 | 693,929 | 667,995 | |
================ | ================ |
29에서th July 2021 the Company repaid the existing convertible loan notes with a value of £310,000 plus interest and issued a new convertible loan note for £400,000 which carries interest at 5% per annum with an average exercise price of 3 pence per share.
The Company currently has convertible loan notes with a principle amount of £515,000 that have either matured as at the end of the year or subsequent to the year end. The Company will seek to renegotiate the terms of these loan notes either in advance of or as part of an acquisition.
연체되거나 손상된 금융자산은 없습니다.
10. 관련 당사자 거래
Key management are considered to be the directors and the key management personnel compensation as follow:
연말 월 31 2023 | 연말 월 31 2022 | ||
£ | £ | ||
Simon James Retter* | - | - | |
Craig Marshak | - | 35,000 | |
Richard Samuel | - | 7,500 | |
마헤시 풀란다란 | - | - | |
- | 42,500 |
*In 2023 £23,500 of fees were incurred to Stonedale Management & Investments Ltd a company controlled by Simon Retter regarding work undertaken on the financial investment undertaken during the year. In 2022 this was £30,000.
*In 2021 £15,200 of fees were paid to Stonedale Management & Investments Ltd a company controlled by Simon Retter regarding work undertaken on the financial investment undertaken during the year.
In addition Stonedale management holds an option over 2,500,000 shares with an exercise price of 0p.
Craig marshak holds options over 2,500,000 shares with an exercise price of 0p.
No pension contributions were made on behalf of the Directors by the Company. No share options were granted to or exercised by a Director in the reporting period.
During the reporting period, other than those noted above the Company did not enter into any material transactions with related parties. As at reporting date, the there was an amount of £40,079 accrued due the directors.
11. 제어
이사들은 궁극적인 지배자가 없다고 생각합니다.
12. DESCRIPTION OF RESERVES
Retained Earnings comprises accumulated gains and losses incurred to date.
Convertible Loan Note reserve comprises the fair value of the equity component of the convertible loan notes held by the Company.
13. 후속 이벤트
The nonbinding heads of terms entered into between the Company and Hi 55 Ventures Ltd in respect of an intending acquisition and refinancing of FPP was terminated following the expiry of the exclusivity period.
RNS는 귀하의 IP 주소를 사용하여 약관 준수 여부를 확인하고, 귀하가 이 커뮤니케이션에 포함된 정보를 사용하는 방식을 분석하고, 그러한 분석을 익명으로 다른 사람과 상용 서비스의 일부로 공유할 수 있습니다. RNS와 런던 증권 거래소가 귀하가 제공한 개인 데이터를 사용하는 방법에 대한 자세한 내용은 개인 정보 보호 정책을 참조하십시오.