Gone_Shrimping wrote:Also no depreciation deducted from Tangible Assets despite the Accounting Policies statement mentioning a 25% rate for computer equipment.
And the number of employees at 2 seems low for a business that has generated a bank balance of over £5 million and enabled £3.7 million to be spent on Tangible Assets.
If it had made a profit to generate those reserves, there'd be a current liability on the balance sheet (being corporation tax on that profit). More likely it's not "reserves" at all but a loan put in which should be shown as a liability, especially given those two legal charges lodged at Companies House which are for loan(s).