Crowd2fund Limited in London, W10 5JJ

Description

Data updated on: 01-11-2023

Registered with number 08472687 11 years ago, Crowd2fund Limited was set up as a Private Limited Company. The company's latest office address is 242 Acklam Road, London. Crowd2fund Limited was known 10 years from now as Propagator Ventures. This business's principal business activity number is 82990, that means Other business support service activities not elsewhere classified. Crowd2fund Ltd filed its account information for the period that ended on 2022-04-30. The company's latest annual confirmation statement was submitted on 2023-04-04.

Current directors enumerated by the following firm are as follow: Hussain Q. arranged to perform management duties in 2022 in June, Asoz R. arranged to perform management duties in 2022, Mahmood Y. arranged to perform management duties in 2022 and Christopher H..

Executives with significant control over this firm are: Christopher H. owns 1/2 or less of company shares and has 1/2 or less of voting rights. Najdat A. has substantial control or influence over the company. Hareth A. has substantial control or influence over the company.

Previous company's names
Crowd2fund Limited 2014-08-30
Propagator Ventures Limited 2013-04-04

Financial data based on annual reports

Profit & Loss
Date of Accounts	2014-04-30	2020-04-30	2021-04-30	2022-04-30
Currency	GBP	GBP	GBP	GBP
Net Worth	96 417

Balance Sheet
Cash Bank On Hand		221 157	270 415	157 400
Current Assets	59 628	421 137	891 827	705 059
Debtors	3 162	199 980	570 176	547 659
Net Assets Liabilities		352 891	296 783	675 143
Other Debtors		183 699	594 785	388 062
Property Plant Equipment		5 522	1 842	406
Cash Bank In Hand	56 466
Intangible Fixed Assets	105 405
Net Assets Liabilities Including Pension Asset Liability	96 417

Capital & Reserves
Called Up Share Capital	240
Profit Loss Account Reserve	-13 683
Shareholder Funds	96 417

Other Financial Data
Total Fixed Assets Additions	105 405
Total Fixed Assets Cost Or Valuation	105 405
Audit Fees Expenses		12 000	9 000	9 000
Accrued Liabilities Deferred Income		24 600	42 653	37 797
Accumulated Amortisation Impairment Intangible Assets		679 429	733 166	812 417
Accumulated Depreciation Impairment Property Plant Equipment		25 615	29 295	30 731
Additions Other Than Through Business Combinations Intangible Assets			29 690	181 062
Administration Support Average Number Employees			4	6
Administrative Expenses		1 273 614	880 944	1 065 952
Amortisation Expense Intangible Assets		67 622	53 737	79 251
Amortisation Impairment Expense Intangible Assets		67 622	53 737
Amounts Owed By Directors			125 368	128 790
Applicable Tax Rate			19	19
Average Number Employees During Period		7	4	6
Bank Borrowings			50 000
Bank Borrowings Overdrafts			8 874	10 648
Cash Cash Equivalents Cash Flow Value		221 157	321 651	157 400
Comprehensive Income Expense		-855 136	-777 347	-990 035
Corporation Tax Recoverable			30 000	13 878
Cost Sales		166 967	20 237	129 289
Creditors		126 609	417 377	129 475
Current Tax For Period			-30 000	-15 378
Depreciation Expense Property Plant Equipment		5 692	3 680	1 436
Depreciation Impairment Expense Property Plant Equipment		5 692	3 680
Depreciation Rate Used For Property Plant Equipment				25
Fixed Assets	105 405	58 363	30 636	131 011
Further Item Cash Flow From Used In Financing Activities Component Net Cash Flows From Used In Financing Activities			-50 000
Further Item Increase Decrease In Equity From Share Capital Changes Dividend Payments Component Total Increase Decrease In Equity From Share Capital Changes Dividend Payments		1 014 688
Further Item Interest Expense Component Total Interest Expense		524
Further Item Proceeds From Sales Other Long-term Assets Classified As Investing Activities Component Corresponding Total		19 146
Further Item Tax Increase Decrease Component Adjusting Items			10 210
Future Minimum Lease Payments Under Non-cancellable Operating Leases		9 900	13 229	13 498
Gain Loss In Cash Flows From Change In Creditors Trade Other Payables		56 485	281 894	-300 100
Gain Loss In Cash Flows From Change In Debtors Trade Other Receivables		-176 171	-560 573	252 939
Gain Loss On Non-financing Activities Due To Foreign Exchange Differences Recognised In Profit Or Loss				-5 938
Gross Profit Loss		366 050	70 725	187 928
Income Expense Recognised Directly In Equity			1 058 418	1 047 834
Income Taxes Paid Refund Classified As Operating Activities		49 189
Increase Decrease In Cash Cash Equivalents Before Foreign Exchange Differences Changes In Consolidation		367 832	49 258	-113 015
Increase Decrease In Current Tax From Adjustment For Prior Periods		-49 189
Increase Decrease In Net Debt From Cash Flows				105 115
Increase From Amortisation Charge For Year Intangible Assets			53 737	79 251
Increase From Depreciation Charge For Year Property Plant Equipment			3 680	1 436
Intangible Assets		52 841	28 794	130 605
Intangible Assets Gross Cost		732 270	761 960	943 022
Interest Expense On Bank Overdrafts Bank Loans Similar Borrowings			66
Interest Income On Financial Assets Amortised Cost			2 938
Interest Paid Classified As Operating Activities			16 684	127 389
Interest Payable Similar Charges Finance Costs		524	66	127 389
Interest Received Classified As Investing Activities		-3 763	-2 938
Issue Bonus Shares Decrease Increase In Equity			-1 058 418	274 790
Issue Equity Instruments		16		1 322 624
Net Cash Flows From Used In Financing Activities		-342 077	1 108 418	1 039 934
Net Cash Flows From Used In Investing Activities		44 010	-10 995	-181 062
Net Cash Flows From Used In Operating Activities		665 899	659 750	-971 887
Net Cash Generated From Operations		714 564	659 684	-844 498
Net Current Assets Liabilities	-8 988	294 528	307 273	575 584
Net Debt Funds			-220 415	-115 300
Net Finance Income Costs		3 763	2 938
Net Interest Paid Received Classified As Operating Activities		-524	-66
Number Shares Issued Fully Paid			536 402	562 298
Operating Profit Loss		-907 564	-810 219	-878 024
Other Cash Inflow Outflow Classified As Financing Activities			1 058 418	-274 790
Other Cash Inflow Outflow Classified As Investing Activities			15 757
Other Creditors		25 543	211 402	528
Other Finance Costs			66	69 685
Other Interest Expense			16 618	57 704
Other Interest Income		3 763	2 938
Other Interest Receivable Similar Income Finance Income		3 763	2 938
Other Taxation Social Security Payable		25 949	62 138	4 350
Par Value Share				0
Pension Costs Defined Contribution Plan			1 670	2 440
Pension Other Post-employment Benefit Costs Other Pension Costs		5 181	2 984	2 440
Prepayments Accrued Income		13 640	15 062
Proceeds From Borrowings Classified As Financing Activities			50 000	-7 900
Proceeds From Issuing Shares				1 322 624
Proceeds From Sales Long-term Assets Classified As Investing Activities			-15 757
Profit Loss		-855 136	-777 347	-990 035
Profit Loss On Ordinary Activities Before Tax		-904 325	-823 965	-1 005 413
Property Plant Equipment Gross Cost		31 137		31 137
Purchase Intangible Assets		-27 004	-29 690	181 062
Purchase Property Plant Equipment		-1 623
Research Development Expense Recognised In Profit Or Loss			61 681	86 341
Revenue From Sale Goods			90 959	317 217
Social Security Costs		21 795	20 385	10 765
Staff Costs Employee Benefits Expense		295 840	285 185	273 255
Tax Decrease Increase From Effect Revenue Exempt From Taxation			11 299
Tax Expense Credit Applicable Tax Rate		-171 822	-156 553	-191 028
Tax Increase Decrease From Effect Adjustment In Research Development Tax Credit		-49 189	-30 000	-47 098
Tax Increase Decrease From Effect Expenses Not Deductible In Determining Taxable Profit Or Loss		44 103	97
Tax Increase Decrease From Effect Unrelieved Tax Losses Carried Forward		127 719	153 689	175 697
Tax Increase Decrease From Other Tax Effects Tax Reconciliation			10 210	15 058
Tax Tax Credit On Profit Or Loss On Ordinary Activities		-49 189	-30 000	-15 378
Total Assets Less Current Liabilities	96 417	352 891	337 909	706 595
Total Borrowings			41 126
Total Current Tax Expense Credit		-49 189	-30 000
Total Operating Lease Payments		65 072	30 341
Trade Creditors Trade Payables		50 517	92 310	76 152
Trade Debtors Trade Receivables		2 641	9 581	16 929
Turnover Revenue		533 017	90 959	317 217
Wages Salaries		268 864	261 816	260 050
Company Contributions To Defined Benefit Plans Directors		1 316	1 314
Company Contributions To Money Purchase Plans Directors			1 314	1 321
Director Remuneration		80 000	140 000	80 000
Director Remuneration Benefits Excluding Payments To Third Parties			141 314	81 321
Director Remuneration Benefits Including Payments To Third Parties		81 316	141 314
Creditors Due Within One Year Total Current Liabilities	68 616
Intangible Fixed Assets Additions	105 405
Intangible Fixed Assets Cost Or Valuation	105 405
Share Premium Account	109 860

Company staff

Hussain Q.

Role: Director

Appointed: 10 June 2022

Latest update: 8 February 2024

Asoz R.

Role: Director

Appointed: 10 June 2022

Latest update: 8 February 2024

Mahmood Y.

Role: Director

Appointed: 10 June 2022

Latest update: 8 February 2024

Christopher H.

Role: Director

Appointed: 04 April 2013

Latest update: 8 February 2024

People with significant control

Christopher H.

Notified on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Najdat A.

Notified on 10 June 2022

Nature of control:

substantial control or influence

Hareth A.

Notified on 10 June 2022

Nature of control:

substantial control or influence

Balshore Investments Limited

Address: 28 Irish Town, Gibraltar, Gibraltar

Legal authority Gibraltar Companies Act 2014

Legal form Limited Company

Country registered Gibraltar

Place registered Gibraltar Companies Registry

Registration number 65386

Notified on 6 April 2016

Ceased on 6 April 2016

Nature of control:

1/2 or less of voting rights

1/2 or less of shares

Accounts Documents

Account next due date	31 January 2024
Account last made up date	30 April 2022
Confirmation statement next due date	18 April 2024
Confirmation statement last made up date	04 April 2023

Annual Accounts
Start Date For Period Covered By Report	2020-05-01
End Date For Period Covered By Report	2021-04-30
Annual Accounts
Start Date For Period Covered By Report	2021-05-01
End Date For Period Covered By Report	30 April 2022

Crowd2fund Limited

General information

Name:

Office Address:

Description

Financial data based on annual reports

Company staff

Hussain Q.

Asoz R.

Mahmood Y.

Christopher H.

Guoyue H.

Laura M.

People with significant control

Christopher H.

Najdat A.

Hareth A.

Balshore Investments Limited

Accounts Documents

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