Japaul Gold & Ventures : AND VENTURES PLC- QUARTER 1 - FINANCIAL STATEMENT FOR 2025

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[{"type":"text","content":"\n JAPAUL GOLD AND VENTURES PLC\n \n \n UNAUDITED MANAGEMENT ACCOUNT\n \n \n 31ST MARCH, 2025\n \n \n JAPAUL GROUP\n \n \n FINANCIAL POSITION AS AT MARCH 2025\n \n \n Mar-25\n \n \n Dec-24\n \n \n Non-current Assets\n \n \n NOTE\n \n \n N'000\n \n \n N'000\n \n \n Property,Plant & Equipment\n \n \n 4\n \n \n 4,211,708\n \n \n 4,232,252\n \n \n Assets under finance lease\n \n \n 5\n \n \n 3,937,500\n \n \n 4,000,000\n \n \n Intangible assets\n \n \n 6\n \n \n 7,960,000\n \n \n 7,960,000\n \n \n Investment Property\n \n \n 7\n \n \n 1,345,106\n \n \n 782,606\n \n \n Total non-current assets\n \n \n 17,454,314\n \n \n 16,974,858\n \n \n \n Current Assets\n \n \n Inventory\n \n \n 8\n \n \n -\n \n \n -\n \n \n Trade and other receivables\n \n \n 9\n \n \n 15,041,883\n \n \n 16,415,962\n \n \n Cash and bank balances\n \n \n 299,888\n \n \n 25,721\n \n \n Total current assets\n \n \n 15,341,771\n \n \n 16,441,683\n \n \n \n Liabilities\n \n \n Current liabilities\n \n \n Bank overdraft\n \n \n -\n \n \n -\n \n \n Trade and other payables\n \n \n 5,699,810\n \n \n 6,431,099\n \n \n Defined contribution pension plan\n \n \n 175,621\n \n \n 170,281\n \n \n Borrowings\n \n \n 2,492,452\n \n \n 2,292,452\n \n \n Lease liability\n \n \n 1,000,000\n \n \n 1,000,000\n \n \n Current income tax liability\n \n \n 355,216\n \n \n 432,553\n \n \n Total current liabilities\n \n \n 9,723,099\n \n \n 10,326,385\n \n \n Net current (liabilities)/assets\n \n \n 5,618,672\n \n \n 6,115,298\n \n \n \n Non current liabilities\n \n \n Defined benefit plan\n \n \n 72,621\n \n \n 72,621\n \n \n Borrowings\n \n \n -\n \n \n -\n \n \n Lease facility\n \n \n 3,567,750\n \n \n 3,567,750\n \n \n Deferred tax liability\n \n \n 966,376\n \n \n 966,376\n \n \n Total non-current liabilities\n \n \n 4,606,747\n \n \n 4,606,747\n \n \n \n Net assets\n \n \n \n 18,466,239\n \n \n \n 18,483,409\n \n \n \n Equity\n \n \n Share capital\n \n \n 7,131,351\n \n \n 7,131,350\n \n \n Share premium\n \n \n 29,947,978\n \n \n 30,044,111\n \n \n Loss sustained\n \n \n (18,612,895)\n \n \n (18,691,858)\n \n \n Remeasurement reserve\n \n \n (195)\n \n \n (195)\n \n \n AFS fair value reserve\n \n \n -\n \n \n -\n \n \n Foreign exchange reserve\n \n \n -\n \n \n -\n \n \n \n Equity attributable to owners of the parents\n \n \n \n 18,466,239\n \n \n \n 18,483,409\n \n \n Non-contro...

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