ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

GCAP Globe Capital Limited

0.275
0.00 (0.00%)
07:03:33 - Realtime Data
Share Name Share Symbol Market Type Share ISIN Share Description
Globe Capital Limited AQSE:GCAP Aquis Stock Exchange Ordinary Share KYG394391158 Ordinary shares
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.275 0.25 0.30 0.275 0.275 0.275 0.00 07:03:33
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Globe Capital Limited Interim Results for the six months period to 30 June 2023

29/09/2023 7:00am

UK Regulatory


 
TIDMGCAP 
 
29[th] September 2023 
 
Globe Capital Limited 
 
("Globe Capital" or the "Company") 
 
Interim Results for the six months period to 30 June 2023 
 
Chairman's Statement 
 
Globe Capital Limited is pleased to announce its unaudited interim results for 
the 6 months period to 30 June 2023. Operational costs for the period amounted 
to £47k compared to £35k for the 6 months to June 2022. 
 
The Company's investment strategy continues to be that to seek medium-to-long 
term investments in businesses that exhibit growth potential. The Company 
continues to be an active investor in situations where the Company can make a 
clear contribution to the growth and development of the investment. 
 
The Company continues to receive support from its shareholders and loan note 
holders to meet its ongoing costs. 
 
The Company is still well placed to take advantage of any opportunities as they 
arise through 2023 onwards and will continue to look for further fund raising 
opportunities and investments. 
 
29[th] September 2023 
 
Simon Grant Rennick 
 
Chairman 
 
Globe Capital Limited 
 
Consolidated Profit and Loss and Other Comprehensive Income 
 
Six months ended 30 June 2023 
 
                                6 months            6 months   Year ended 
                 ended           30 June  ended           30  31 December 
                                    2023           June 2022         2022 
                                GBP '000            GBP '000     GBP '000 
Revenue            -                                     -              - 
Cost of              -                                   -              - 
services 
 
Gross Profit                         -                     -            - 
 
Other Income                           -                   -            - 
Administrative                      (47)                (35)         (87) 
Expenses 
Finance Costs   (5)                                                   (7) 
                                                       (3) 
 
Loss Before           (53)                (38)                       (94) 
Taxation 
 
Taxation                             -                                  - 
                                                         - 
 
Other                                -                                  - 
Comprehensive                                            - 
Loss 
 
Loss for the          (53)                (38)                       (94) 
period 
 
Earning / 
(Loss) per 
share 
Basic &                     (0.02)p                 (0.01)p       (0.04)p 
Diluted 
(pence) 
 
Globe Capital Limited 
 
Consolidated Statement of financial position as at 30 June 2023 
 
                           30 June             30 June        31 December 
                              2023                2022               2022 
                          GBP '000            GBP '000           GBP '000 
 
Non-current 
assets 
Property,                        -                   -  - 
plant and 
equipment 
Goodwill          -                 -                                 - 
 
Financial                        3                   1                  4 
assets at 
fair 
value through 
profit or 
loss 
 
Current 
assets 
Other             8                                 12                 11 
receivables 
and 
prepayments 
Cash and cash             1                          4                  2 
equivalents 
Other debtors                    -                   -                  - 
and 
receivables 
 
Total Assets        12                              17                 13 
 
Current 
Liabilities 
Other          67                    45                               184 
payables 
 
Creditors: 
falling due 
after more 
than one year 
Amounts due                    100                  71                 88 
to directors 
Amounts due                    100                  50                 78 
to a related 
company 
Other                          130                 127                  - 
payables 
 
Total                          397                 293                166 
Liabilities 
 
Net Assets                   (385)               (276)              (332) 
 
Shareholders' 
Equity 
Share Capital                  645   645                              645 
 
Reserves                    (1030)               (921)              (977) 
 
Total Equity        (385)               (276)                       (332) 
 
 
Globe Capital Limited 
 
Consolidated Statement of Cash Flows 
 
Period ended 30 June 2023 
 
                                        6 months            6 months      Year 
                              ended           30  ended           30     ended 
                                       June 2023           June 2022        31 
                                                                      December 
                                                                          2022 
                                        GBP '000            GBP '000       GBP 
                                                                          '000 
Loss before income tax                      (53)                (34)      (94) 
Adjustment: 
Decrease/(Increase) in value                   1                   1         4 
of financial assets 
Interest expenses                              5                   3         7 
Gain on financial assets                       -                   -         - 
Non cash transactions                          -                   -         - 
written off 
Operating loss before                       (47)                (30)      (83) 
working capital changes 
 
Changes in working capital: 
Other receivables and                        (3)                 (3)       (2) 
prepayments 
Other payables                                13                (24)      (19) 
Amounts due to directors                       -                   -         - 
Amounts due to shareholders                    -                   -         - 
Net cash used in operating                     -                   -         - 
activities 
 
Cash flows from investing 
activities 
Other loan repayments                          -                   -         - 
Increase in loans receivable                   -                   -         - 
Increase in loans from                        12                  17        46 
related parties 
Increase in directors' loan                   22                  17        34 
Interest received                              -                   -         - 
Net cash from investing                       36                  34        79 
activities 
 
Increase in cash and cash                    (1)          (23)            (25) 
equivalents 
Cash and cash equivalents at                   2                            27 
the beginning of the period                               27 
Cash and cash equivalents at                   1                   4         2 
end of period 
 
Cash at Bank C/F                               1                   4         2 
 
The financial information set out above has not been reviewed or audited by the 
company's auditors. 
 
Basic and diluted profit per share is calculated by dividing the loss for the 
period of £53,000 (2022: loss £38,000) by the weighted average number of 
ordinary shares of 255,919,752 (2022: 255,919,752). 
 
The directors of Globe Capital Limited accept responsibility for this 
announcement. 
 
For further information 
 
Globe Capital Limited 
 
Darren Edmonston 
 
Tel: +44 (0) 1279 635511 
 
CORPORATE ADVISER AND CONTACT DETAILS: 
 
Peterhouse Capital Limited 
 
Guy Miller / Mark Anwyl 
 
Tel: +44 (0) 207 469 0930 
 
 
This information was brought to you by Cision http://news.cision.com 
 
 
END 
 
 

(END) Dow Jones Newswires

September 29, 2023 02:00 ET (06:00 GMT)

1 Year Globe Capital Chart

1 Year Globe Capital Chart

1 Month Globe Capital Chart

1 Month Globe Capital Chart

Your Recent History

Delayed Upgrade Clock