Tag: Accounts 2019

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September 2019 Accounts

One-off expense this month in direct purchases is the Comodo SSL certificate for the jsecoin.com domain (2 year renewal). Token Price @ 30th September 2019 $0.000267Market Cap @ 30th September 2019 $118,233 Reference: https://coinmarketcap.com/currencies/jsecoin/historical-data/ Income Statement Year to date $ $ Income Sale of cryptocurrency 5,139 Advertising income 0 Direct income expenses Purchases 281 Domain…
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October 14, 2019 0

August 2019 Accounts

Sale of ETH to the value of $5139 this month is showing as a positive value in the accounts. Buy back remained constant at 3 ETH. Bitcoin is ranging between $9-11,000 for the most part and everything else is struggling. Bitcoin dominance peaked at over 71% of the total blockchain sector in early September. Token…
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September 10, 2019 0

July 2019 Accounts

Start of a new tax year for us. Have liquidated some more ETH in August which will show up on next months accounts. Will also detail the buy back program ETH spend here which is currently 3 ETH per month to be reviewed monthly. Continuing this financial year cautiously to keep costs to a minimum…
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August 9, 2019 0

June 2019 Accounts

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 $0.000494Market 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…
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July 18, 2019 0

May 2019 Accounts

We liquidated 32 ETH from the multi-sig wallet this month to cover costs. Balance now stands at 168 ETHhttps://etherscan.io/address/0xc880f4143950bfb27ed021793991f35466b99201 Next month we are expecting a one off management fee for the accounts audit as it’s our year end. Token Price @ 31st May 2019 $0.000313Market Cap @ 31st May 2019 $138,792 Reference: https://coinmarketcap.com/currencies/jsecoin/historical-data/ Income Statement…
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June 10, 2019 0

April 2019 Accounts

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 $0.000386Market Cap @ 30th April 2019 $171,099 Reference: https://coinmarketcap.com/currencies/jsecoin/historical-data/ Income Report Year to date $ $ Income…
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June 10, 2019 0

March 2019 Accounts

Slight increase in server costs and travel costs this month as we have an additional server for the ad exchange and have been getting the train in to London more frequently for meetings. ETH has recovered somewhat to $163 at time of writing and optimism seems to be returning to the markets. The multi-sig wallet…
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April 16, 2019 0

February 2019 Accounts

Further reductions in costs this month with total overheads reduced to $903 USD / month. This was mainly due to fluctuations in currency which could be volatile in the coming months due to the Brexit saga. Our fiat funds are held in GBP but the management accounts are in USD which is what causes the…
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March 27, 2019 0

January 2019 Accounts

We have taken further action to reduce costs to an absolute minimum this month. With total expenditure at just slightly over $1000 USD. This puts us in a strong position to work through the crypto winter. No ETH was sold this month which resulted in a small loss however we still have ample funds in…
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February 11, 2019 0