Balance Sheet

Balance Sheet  |  App Ad Venture Limited  |  31 May 2015   Page 1 of 1

App Ad Venture Limited As at 31 May 2015 

31May 2015

Assets 

Bank 

AG FairFX Prepaid Visa 170

App Ad Venture Ltd 13,890

KB FairFx Prepaid Visa (1)

Paypal -

Total Bank 14,058

Current Assets 

Work in progress 20,242

Total Current Assets 20,242

Fixed Assets 

Computer Equipment 1,304

Total Fixed Assets 1,304

Total Assets 35,604

Liabilities 

Current Liabilities 

Accounts Payable 31,740 1

Directors' Loan Account (64)

NIC Payable 749

PAYE Payable 646

Unpaid Expense Claims 927

VAT (7,293)

Wages Payable 20

Total Current Liabilities 26,725

Total Liabilities 26,725

Net Assets 8,879

Equity Capital - x,xxx Ordinary Shares 93,060

Current Year Earnings (104,363)

Owner A Drawings 19,276

Retained Earnings 907

Total Equity 8,879

Notes

1Figures converted into British Pound using the following rate:1.39221 EUR Euro per GBP. Rate provided by XE.com on 31 May 2015.