Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Sperati C.A. (TEA)

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Friday 22 June, 2012

Sperati C.A.

Half-yearly Report

Half-yearly Report

C.A. Sperati PLC

C.A. SPERATI (THE SPECIAL AGENCY) P.L.C.

INTERIM REPORT

FOR THE 6 MONTH PERIOD ENDED

30 APRIL 2012

CHAIRMAN’S STATEMENT

FOR THE 6 MONTH PERIOD 30 APRIL 2012

REVIEW OF THE BUSINESS

Turnover in the first half of the year fell to £112,475 as compared with £132,463 for the same period last year.

This has resulted in a loss of £114,256 after tax, as against a loss of £84,968 for the same period.

Trading has continued to be demanding and difficult and this has been reflected in the interim results. There has been a big drive to increase sales over the last six months, as well as a focus on improving service and price from our suppliers. A number of new clients have placed orders during this period which is encouraging. We will look to continue to invest in sale resource and effort. The company is resolved to eliminate the trading losses. The directors are currently continuing to seeking new opportunities for the development and expansion of the company and shareholders will be kept up to date on progress.

Oliver Fattal               Kevin Jackson
Chief Executive Officer Chief Executive Officer

22 June 2012

PROFIT AND LOSS ACCOUNT

FOR THE 6 MONTH PERIOD ENDED 30 APRIL 2012

              Unaudited               Unaudited               Audited                            

6 Months

6 Months

Year to

30 April

30 April

31 October

2012 2011 2011
 
£ £ £
 
TURNOVER 112,475 132,463 260,101
 
Cost of Sales (54,042) (64,790) (284,073)
 
_______ _______ ________
 
Gross Profit/(Loss) 58,433 67,673 (23,972)
 
Other Operating Expenses (176,465) (157,730) (353,634)
 
Other Operating Income 2,970 3,049 6,911
_______ _______ _______
 
OPERATING LOSS (115,062) (87,008) (370,695)
 
Investment Income 982 2,040 3,558
_______ _______ _______
 
LOSS ON ORDINARY
ACTIVITIES BEFORE TAXATION (114,080) (84,968) (367,137)
 
Taxation (176) - 394
 
_______ _______ _______
 
LOSS ON ORDINARY
ACTIVITIES AFTER TAXATION (114,256) (84,968) (366,743)
 
 
LOSS PER ORDINARY SHARE OF 50p (114.3)p (84.9)p (366.7)p

All operations are continuing.

BALANCE SHEET

AS AT 30 APRIL 2012

              Unaudited               Unaudited               Audited    
6 Months 6 Months Year to
30 April 30 April 31 October
2012 2011 2011
 
FIXED ASSETS £ £ £
 
Tangible Assets 60,760 57,882 54,001
______ ______ ______
CURRENT ASSETS
 
Stocks 69,985 221,983 72,951

 

Debtors 59,945 77,381 55,466
 
Investment 4,099 4,099 4,099
Cash at Bank and in Hand 85,387 298,627 204,237
_______ _______ _______
 

 

219,416 602,090 336,753

CREDITORS:

Amounts falling due within one year (68,173) (51,765) (64,672)
_______ _______ _______
 
NET CURRENT ASSETS 151,243 550,325 272,081
_______ _______ _______
 
TOTAL ASSETS LESS CURRENT LIABILITIES 212,003 608,207 326,082
 
PROVISION FOR LIABILITIES AND CHARGES (413) (586) (237)
_______ ______ _______
 
NET ASSETS 211,590 607,621 325,845
 
CAPITAL AND RESERVES
 
Called up Share Capital 50,000 50,000 50,000
 
Revaluation Reserve 22,128 22,128 22,128
 
Profit and Loss Account 139,462 535,493 253,717
_______ ______ _______
 
SHAREHOLDERS’ FUNDS 211,590 607,621 325,845

Approved and authorised for issue by the board on 22 June 2012

Oliver Fattal                 Kevin Jackson
Chief Executive Officer Chief Executive Officer

CASH FLOW STATEMENT

FOR THE 6 MONTH PERIOD ENDED 30 APRIL 2012

              Unaudited               Unaudited               Audited    
6 Months 6 Months Year to
30 April 30 April 31 October
2012 2011 2011
 
£ £ £
 
Operating Loss (115,062) (87,008) (370,695)
 
Depreciation of Tangible Assets 3,767 2,744 6,488
 
Loss/(Profit) on Disposal of Tangible Assets 1,565 (48) 297
 
Decrease in Stocks 2,966 9,128 158,160
 
(Increase)/Decrease in Debtors (4,479) 30,476 52,391
 
Increase/(Decrease) in Creditors 3,501 (9,072) 3,835

 

______ _______ _______
NET CASH OUTFLOW FROM
OPERATING ACTIVITIES

(107,742)

(53,780) (149,524)

 

=====

=====

=====

RETURN ON INVESTMENTS AND SERVICING OF FINANCE

 
Interest Received 891 1,954 3,286
 
Dividends Received 91 86 256
_____ _____ _____
982 2,040 3,542

=====

=====

=====

TAXATION
 

Interest on Corporation Tax

- (61) 16
 
Corporation Tax paid - 9,610 9,594
______ _____ _____
- 9,549 9,610

 

=====

=====

=====

CAPITAL EXPENDITURE

Purchase of Fixed Assets (15,290) (380) (787)
 
Sale of Fixed Assets 3,200 278 476
_____ ______ _____
(12,090) (102) (311)
===== ===== =====
EQUITY DIVIDEND PAID - - -
===== ===== =====

(DECREASE) IN CASH IN PERIOD

(118,850) (42,293) (136,683)

 

=====

=====

=====

RECONCILIATION OF NET CASHFLOW TO MOVEMENT IN NET FUNDS

(Decrease) in Cash (118,850) (42,293) (136,683)
 
Net funds at 1 November 2011 204,237 340,920 340,920
________ _______ _______

Net funds at 30 April 2012

85,387 298,627 204,237

=====

=====

=====

INTERIM REPORT

FOR THE 6 MONTH PERIOD ENDED 30 APRIL 2012

Notes

1. The interim results to 30 April 2012, which are unaudited, have been prepared in accordance with the accounting policies which will be adopted in the Company’s next annual financial statements, which are the same as those policies used in the preparation of the financial statements for the year ended 31 October 2011, unless the company becomes a group in which case IFRS accounting will be adopted.

The interim results do not constitute statutory financial statements as defined in section 435 of the Companies Act 2006.

Comparative figures for the year ended 31 October 2011 are an abridged version of the Company’s full financial statements, which carry an unqualified audit report, do not contain a statement made under section 489(2) or (3) of the Companies Act 2006 and have been delivered to the Registrar of Companies.

2. The credit/charge to taxation relates to UK direct taxation.

3 Movement in shareholders funds

                  Unaudited               Unaudited               Audited    
6 Months to 6 Months to Year to
30 April 30 April 31 October
2012 2011 2011
£ £ £
 
Loss for the year (114,256) (84,968) (366,743)
 
Final Dividends
- 25p per share - - -
 
________ ________ ________
Net Movement in
Shareholders’ funds (114,256) (84,968) (366,743)
 
Shareholders’ funds:
At 1 November 2011 325,846 692,589 692,589
________ ________ ________
 
At 30 April 2012 211,590 607,621 325,846

No dividends were approved by the annual general meeting held on 11 April 2012

(10 March 2011).


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