28 June 2024
Becket Invest
Plc
("Becket" or the
"Company")
Interim Results for the Six
Months Ended 31 March 2024
I am pleased to present the interim
results for Becket Invest Plc ("Becket" or the "Company") for the
period ended 31 March 2024. The Company was admitted to the
Standard Listing of the Main Market of the London Stock exchange on
5 June 2023 (XLON: TAB).
Chairman's Statement
During the period the Company made a
loss of £142,812, compared with a loss of £Nil for the same period
last year. The loss is largely due to everyday
administration, salaries and professional fees whilst the Board
have been diligently attempting to identify a suitable business in
the battery metals and related technologies sectors with which to
enter into a potential transaction. The Board has been working
attentively to reduce the administrative costs of the Company,
reducing salaries and outsourced administrative assistance.
As at 31 March 2024, the Company's cash position was £506,165
(2023: £Nil).
These interim results have not been
audited by the Company's auditor.
Post period events
Since the end of the reported
period, the Company has continued to
attempt to identify a suitable business in the battery metals and
related technologies sectors with which to enter into a potential
transaction.
Directors of the company
The directors who have served during
the period and up to the date of approval were as
follows:
|
Graeme Muir
|
(Chairman)
|
|
Daniel Monks
|
(Executive Director) (appointed
14 June 2024)
|
|
James Crossley
|
(Resigned
14 June 2024)
|
|
Thomas Furlong
|
(Resigned 1 December
2023)
|
Results and
dividends
The interim statement of
comprehensive income is set out on page 3 and shows the loss for
six month period to 31 March 2024. The directors consider the
loss for the period to be in line with expectations. The
directors do not recommend a payment of a dividend.
This report was approved by the
Board and signed on its behalf:
Graeme Muir
Chairman
The Directors of the Company accept
responsibility for the content of this announcement.
Enquiries:
Company
Becket Invest Plc
Graeme Muir
gm@becketinvest.co.uk
www.becketinvest.co.uk
Financial Advisor and Corporate
Broker
Peterhouse Capital
Limited
Telephone: 020 7469 0930
Statement of Comprehensive Income for the 6 months ended 31
March 2024
|
|
6 months to
31 March
2024
Unaudited
|
|
Year ended
30 September
2023
Audited
|
|
6 months to
31 March
2023
Unaudited
|
|
|
£
|
|
£
|
|
£
|
|
Administrative expenses
|
(142,812)
|
|
(171,906)
|
|
-
|
|
Warrant expense
|
-
|
|
(2,093,571)
|
|
-
|
|
Operating Profit / (Loss)
|
(142,812)
|
|
(2,265,477)
|
|
-
|
|
|
|
|
|
|
|
|
Taxation
|
-
|
|
-
|
|
-
|
|
|
|
|
|
|
|
|
Loss for the period from continuing
operations
|
(142,812)
|
|
(2,265,477)
|
|
-
|
|
|
|
|
|
|
|
|
Other comprehensive
income
|
-
|
|
-
|
|
-
|
|
|
|
|
|
|
|
|
Total comprehensive income for the period
|
(142,812)
|
|
(2,265,477)
|
|
-
|
|
|
|
|
|
|
|
|
Earnings per share
|
|
|
|
|
|
|
Basic earnings per share
|
(0.174p)
|
|
(8.5p)
|
|
-
|
|
Diluted earnings per
share
|
(0.025p)
|
|
(1.2p)
|
|
-
|
Statement of Financial Position for the 6 months ended 31
March 2024
|
|
6 months to
31 March
2024
Unaudited
|
|
Year ended
30 September
2023
Audited
|
|
6 months to
31 March
2023
Unaudited
|
|
|
£
|
|
£
|
|
£
|
|
Assets
|
|
|
|
|
|
|
Current assets
|
|
|
|
|
|
|
Trade and other
receivables
|
26,962
|
|
38,390
|
|
1
|
|
Cash and cash equivalents
|
506,165
|
|
677,622
|
|
-
|
|
|
533,127
|
|
716,012
|
|
1
|
|
|
|
|
|
|
|
|
Total assets
|
533,127
|
|
716,012
|
|
1
|
|
|
|
|
|
|
|
|
Current liabilities
|
|
|
|
|
|
|
Trade and other payables
|
27,844
|
|
67,917
|
|
-
|
|
|
27,844
|
|
67,917
|
|
-
|
|
|
|
|
|
|
|
|
Net
assets
|
505,283
|
|
648,095
|
|
1
|
|
|
|
|
|
|
|
|
Capital and reserves
|
|
|
|
|
|
|
Share capital
|
820,001
|
|
820,001
|
|
1
|
|
Warrant reserves
|
2,093,571
|
|
2,093,571
|
|
-
|
|
Retained earnings
|
(2,408,289)
|
|
(2,265,477)
|
|
-
|
|
Total equity
|
505,283
|
|
648,095
|
|
1
|
Statement of Changes in Equity for the 6 months ended 31 March
2024
|
|
Share
|
Warrant
|
Retained
|
Total
|
|
|
capital
|
reserves
|
Earnings
|
|
|
|
|
|
|
|
|
|
£
|
£
|
£
|
£
|
|
|
|
|
|
|
|
As
at 1 October 2022
|
1
|
-
|
-
|
1
|
|
|
|
|
|
|
|
Profit / (Loss) for the
period
|
-
|
-
|
-
|
-
|
|
Total comprehensive income
|
-
|
-
|
-
|
-
|
|
Balance at 31 March 2023
|
1
|
-
|
-
|
1
|
|
|
|
|
|
|
|
As
at 1 October 2022
|
1
|
-
|
-
|
1
|
|
|
|
|
|
|
|
Net equity issued
|
820,000
|
-
|
-
|
820,000
|
|
Share warrant expense
|
-
|
2,093,571
|
-
|
2,093,571
|
|
Loss for the year
|
-
|
-
|
(2,265,477)
|
(2,265,477)
|
|
Total comprehensive income
|
-
|
-
|
(2,265,477)
|
(2,265,477)
|
|
Balance at 30 September 2023
|
820,001
|
2,093,571
|
(2,265,477)
|
648,095
|
|
|
|
|
|
|
|
Loss for the period
|
-
|
-
|
(142,812)
|
(142,812)
|
|
Total comprehensive income
|
-
|
-
|
(142,812)
|
(142,812)
|
|
Balance at 31 March 2024
|
820,001
|
2,093,571
|
(2,408,289)
|
505,283
|