logo-loader
RNS
viewSports Direct International Plc

SECURED PROPERTY DEVELOPMENTS PLC - Half-year Report

SECURED PROPERTY DEVELOPMENTS PLC - Half-year Report

SECURED PROPERTY DEVELOPMENTS PLC - Half-year Report

PR Newswire

SECURED PROPERTY DEVELOPMENTS PLC
Unit 6 ,Orchard Mews ,42 Orchard Road
Highgate, London N6 5TR


Secured Property Developments plc
Unaudited financial statements for the period from 1st January 2019 to 30th June 2019
Registered number 2055395

Chairman’s Statement

We continue to be frustrated by the lack of suitable propositions in our price range with competition as fierce as ever.

We had hoped that the ongoing uncertainty over Brexit might have dampened the market sufficiently to enable us to recommend a purchase, but if anything, the sub million pound market has got even stronger, as investors search for a safe haven for their hard earned cash.

We will continue to trawl the auction and private treaty markets in the hope that something will eventually fall into place.

John P Townsend
CHAIRMAN
7th October 2019


Unaudited profit and loss account
for the period from 1st January 2019 to 30th June 2019

2019 2019 2018 2018
£ £ £ £
Turnover - -
Cost of sales - -
________ ________
Gross profit - -
Administrative expenses
Exceptional Item
(43,076)
-
(47,785)
-
________ ________
Operating (loss)/profit (43,076) (47,785)
Interest receivable - 13,462
Interest payable - -
________ ________
- 13,462
________ ________
(Loss) on ordinary activities before taxation (43,076) (34,323)
Taxation - -
________ ________
(Loss) on ordinary activities after taxation (43,076) (34,323)
======== ========
(Loss) per share (2.16)p (1.72)p
======== ========


Secured Property Developments plc
Unaudited financial statements for the period from 1st January to 30th June 2019
Can be compared with those for the same period as follows:-


Unaudited Balance sheet
at 30th June 2019

2019 2019 2018 2018
£ £ £ £
Fixed assets
Tangible assets - -
Current assets
Debtors 7,693 18,740
Cash at bank and in hand 536,749 627,308
________ ________
544,442 646,048
Creditors: amounts falling due within one year (33,503) (34,614)
________ ________
Net current assets 510,939 611,434
________ ________
Total assets less current liabilities 510,939 611,434
Creditors: amounts falling due after more than one year - -
________ ________
Net assets 510,939 611,434
======== ========
Capital and reserves
Called up share capital 418,861 418,861
Share premium account 3,473 3,473
Profit and loss account 88,605 189,100
________ ________
Shareholders’ funds 510,939 611,434
======== ========

Quick facts: Sports Direct International Plc

Price: 316.2

Market: LSE
Market Cap: £1.65 billion
Follow

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

FOR OUR FULL DISCLAIMER CLICK HERE

RNS

Media Statement

1 week, 1 day ago

Total Voting Rights

1 week, 6 days ago

Media Statement

2 weeks, 3 days ago

Share Buyback Announcement

2 weeks, 6 days ago

Appointment of Auditor

3 weeks, 1 day ago