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Loss

By Sev28/2 07:23Fri Feb 28 07:23:21 2025

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The latest accounts have been released here:

https://find-and-update.company-information.service.gov.uk/company/02901467/filing-history

Show a movement in accumulated profit and loss of minus £814,865 but I think that will include the dividend paid on 'Tifosy' shares, so more like a £740,000 loss for the year to 31 May 2024.

We don't know from these limited accounts whether the movement includes other dividends taken but my own view would be not.

The balance sheet still looks strong at just over £2m net assets.

During the year Mr Wallace put in an extra £1m by way of a share issue.

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