September 2018 Accounts
Accounts for September. We had 128 ETH contributed to the ICO in September. The ICO closed at 551 ETH 44,790,780 JSE, the final figures will be displayed in Octobers accounts.
Marketing spend and travel expenses were up because of the shows in London this month. This included some products like the backboard and promotional desk which could be reused at other conferences in the future.
No sign of a recovery in the general cryptocurrency markets at this stage but we are still confident in the long-term prospects and continue to hold the majority of our funds in Ethereum.
|Year to date|
|Sale of cryptocurrency||15,051|
|Direct income expenses|
|Repairs and renewals||0|
|Stationery, Printing & Postage||717|
|Travel & Business Entertainment||718|
|Paypal and Bank Charges||25|
|Currency Exchange variation||753|
|Legal and accountancy fees||635|
|Plant & Machinery||$0|
|Bank Account 1||$9,430|
|Bank Account 2||-$8,540|
|Net Current Assets||-$4,980|
|Creditors after one year|
|Long Term Loan||$0|
|Capital & Reserves|
|Profit & Loss||$17,852|