Accumulated losses of ($25,916) and ($59,043) in 2000 and 1999
Net loss of ($706) in 1999
Net profits after tax of $33,127 in 2000
Total revenue of $58,338 (Consultancy services revenue $57,057 & Interest income $1,281) in 2000
Total revenue of $1,885 (Interest income) in 1999
Long term loan of $122,000 in 1999 and 2000
“The long term loan is unsecured, interest free, has no fixed term of repayment and is not expected to be repaid within one year.”
Expenses of $1,664 and $2,577 in 2000 and 1999
Net current assets (comprising mainly of fixed deposits and cash) of $96,236 and $63,010 in 2000 and 1999
Paid-up share capital of $2
Authorised share capital of $5 million
