Page 107 - Beeks Financial Cloud Group Annual Report 2021
P. 107
Beeks Financial Cloud Group PLC
Company Statement of Financial Position For the year ended 30 June 2021
2020
2021 Restated
Note £000 £000
Assets
Non-current assets
Investments 4 4,045 4,647
Deferred tax 5 313 -
4,358 4,647
Current assets
Trade and other receivables 6 7,275 4,246
Cash and cash equivalents 1,930 8
Total current assets 9,205 4,254
Total assets 13,563 8,901
Liabilities
Non-current liabilities
Contingent Consideration 10 - 1,961
Deferred tax 5 - 3
- 1,964
Current liabilities
Trade and other payables 383 1,301
Net current assets 8,822 2,953
Net assets 13,180 5,636
Equity FINANCE
Issued capital 8
Share premium 9 70 64
Reserves 9 9,452 4,309
Retained earnings 9 1,588 1,079
Total equity 2,070 184
13,180 5,636
The parent company has taken advantage of section 408 of the Companies Act 2006 and has not included its
own profit and loss account in these financial statements. The parent company’s profit after tax for the year was
£1,958,641 (2020: £106,000).
These financial statements were approved by the Board of Directors and were authorised for issue on 24
September 2021 and are signed on its behalf by:
GORDON MCARTHUR
Chief Executive Officer
Company name, Beeks Financial Cloud Group PLC
Company number, SC521839
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