next set of accounts, it has been considered as a non-adjusting event, and the accounts have not been prepared on a break up basis, so we all still considered to be a going concern, even though we have severe liquidity problems.
The WWFC Ltd balance sheet at 30 June 2011 shows net liabilities of c. £4m. Assuming losses of say a further £1m in 2011/12, the net liabilities at 30 June 2012 could be estimated at c. £5m. Based on ... more
Won't be able to really tell till the Dusty Bottoms,Tue Jul 10 13:07