June 2019 Accounts

Website Cryptocurrency Mining

June 2019 Accounts

July 18, 2019 Accounts 0

Our year end for the accounts this month. Additional cost for accountancy fees is for accounts auditing. This is carried out annually by https://www.stephenson-smart.com/

Token Price @ 30th June 2019 $0.000494
Market Cap @ 30th June 2019 $218,990

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

Income Statement


Year to date

$$



Income

Sale of cryptocurrency
39994
Advertising income
7



Direct income expenses

Purchases342
Domain names0




342
Gross Income
39659



Less Overheads

Office Rent 0
Salaries14993
Advertising24588
Press Releases3121
Mileage Expenses0
Repairs and renewals 0
Telephone Charges16
Stationery, Printing & Postage779
Server costs10632
Email provider478
Insurance0
Travel & Business Entertainment2521
Paypal and Bank Charges92
Currency Exchange variation760
Legal and accountancy fees3261
Depreciation481



Total Overheads61723



Net Income
-22063

Balance Sheet

$$
Fixed Assets
Plant & Machinery$0
Motor Vehicles$0
Office Equipment$1,443
$1,443
Current Assets
Sundry Debtors$0
Bank Account 1$690
Bank Account 2-$3,180
Bitcoin/Ethereum$0
Paypal account-$226
-$2,716
Creditors
Trade Creditors$1,519
Sundry Creditors$0
Loan Account$220
Taxation$0
$1,739
Net Current Assets-$3,012
Creditors after one year
Long Term Loan$0
Net Assets-$3,012
Capital & Reserves
Share Capital$1,316
Dividends Paid$0
Profit & Loss$17,735
Income Report-$22,063
-$4,328
-$3,012