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ISHINE CLOUD LIMITED
(A company limited by guarantee)
STATEMENT OF FINANCIAL ACTIVITIES
Period from December 7, 2017 (date of incorporation) to March 31, 2019
Note
December 7, 2017 (date of incorporation) to March 31, 2019
$
INCOME
Income from Sponsorship and grants:
- Sponsorship from a related party 5 - Amortisation of deferred grant income 9
Income from charitable activities:
- IT service revenue 10
Total income
EXPENDITURE
Depreciation of plant and equipment 6 Amortisation of intangible assets 7 IT services and maintenance costs
Manpower and related costs
Professional and other services Promotion and marketing expenses Foreign exchange loss
Others expenses
Total expenditure
Operating surplus, representing total
comprehensive income for the period 11
1,088,855 217,553
71,449 1,377,857
81,668 133,336 139,743 895,712
81,651 23,172 2,033 12,495 1,369,810
8,047
See accompanying notes to nancial statements.
iShine Cloud | ANNUAL REPORT 2018–2019 FS7