Page 95 - Beeks Financial Cloud Group Annual Report 2021
P. 95
Beeks Financial Cloud Group PLC
Beeks Financial Cloud Group PLC
Notes to the Consolidated Financial Statements
Notes to the Consolidated Financial Statements For the year ended 30 June 2021
In accordance with S479A of the Companies Act 2006, Velocimetrics Limited (06943398) have not prepared
audited accounts. Beeks Financial Cloud Group plc guarantees all outstanding liabilities in this company at the
year ended 30 June 2021, until they are satisfied in full.
26. EVENTS AFTER THE REPORTING PERIOD
Beeks headquarters will move from the existing leased office to the nearby Riverside Business Park, King’s Inch
Road, Braehead, PA4 8YU in early 2022. In September 2021, the Group finalised the purchase of the property for
£2.1m which was funded out of existing Company cash balances and a new debt facility of £1.5m taken post
year end.
27. ULTIMATE CONTROLLING PARTY
The Directors have assessed that there is no ultimate controlling party. FINANCE
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