April 2019 Accounts

Website Cryptocurrency Mining

April 2019 Accounts

June 10, 2019 Accounts News 0

Server costs have reduced down to $665 this month as expected. Travel costs have been slightly higher as we have been traveling more to London to work from the Google startup campus.

Token Price @ 30th April 2019 $0.000386
Market Cap @ 30th April 2019 $171,099

Reference: https://coinmarketcap.com/currencies/jsecoin/historical-data/

Income Report


Year to date

$$



Income

Sale of cryptocurrency
35041



Direct income expenses

Purchases316
Domain names0




316
Gross Income
34725



Less Overheads

Office Rent 0
Salaries14993
Advertising24588
Press Releases3121
Mileage Expenses0
Repairs and renewals 0
Telephone Charges16
Stationery, Printing & Postage779
Server costs9016
Email provider418
Insurance0
Travel & Business Entertainment2449
Paypal and Bank Charges82
Currency Exchange variation820
Legal and accountancy fees1887
Depreciation401



Total Overheads58570



Net Income
-23845

Balance Sheet


$$
Fixed Assets

Plant & Machinery$0
Motor Vehicles$0
Office Equipment$1,523


$1,523
Current Assets

Sundry Debtors$791
Bank Account 1$1,908
Bank Account 2-$5,560
Bitcoin/Ethereum$0
Paypal account-$226


-$3,087
Creditors

Trade Creditors$3,230
Sundry Creditors$0
Loan Account$0
Taxation$0


$3,230
Net Current Assets
-$4,793



Creditors after one year

Long Term Loan
$0



Net Assets
-$4,793



Capital & Reserves

Share Capital
$1,316
Dividends Paid$0
Profit & Loss$17,735
Income Report-$23,845


-$6,109


-$4,793