Affinity Dental Care Ltd

AFFINITY DENTAL CARE LTD - Company Information

true the director true 1 June 2015 30 November 2016 30 November 2016 true false NI604743 true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure NI604743 2015-05-31 NI604743 2016-11-30 NI604743 2015-06-01 2016-11-30 NI604743 uk-gaap:RestatedAmount 2015-05-31 NI604743 uk-gaap:RestatedAmount 2016-11-30 NI604743 uk-gaap:NetGoodwill 2015-05-31 NI604743 uk-gaap:NetGoodwill 2016-11-30 NI604743 uk-gaap:NetGoodwill 2015-06-01 2016-11-30 NI604743 uk-gaap:OtherIntangibleFixedAssets 2015-06-01 2016-11-30 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-05-31 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2016-11-30 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-06-01 2016-11-30 NI604743 uk-gaap:DevelopmentCosts 2015-05-31 NI604743 uk-gaap:DevelopmentCosts 2016-11-30 NI604743 uk-gaap:DevelopmentCosts 2015-06-01 2016-11-30 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-01 2016-11-30 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2016-11-30 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-06-01 2016-11-30 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2016-11-30 NI604743 uk-gaap:PlantMachinery 2015-06-01 2016-11-30 NI604743 uk-gaap:PlantMachinery 2015-05-31 NI604743 uk-gaap:PlantMachinery 2016-11-30 NI604743 uk-gaap:Vehicles 2015-06-01 2016-11-30 NI604743 uk-gaap:Vehicles 2015-05-31 NI604743 uk-gaap:Vehicles 2016-11-30 NI604743 uk-gaap:FixturesFittings 2015-06-01 2016-11-30 NI604743 uk-gaap:FixturesFittings 2015-05-31 NI604743 uk-gaap:FixturesFittings 2016-11-30 NI604743 uk-gaap:ComputerEquipment 2015-06-01 2016-11-30 NI604743 uk-gaap:ComputerEquipment 2015-05-31 NI604743 uk-gaap:ComputerEquipment 2016-11-30 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2015-05-31 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2015-06-01 2016-11-30 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2016-11-30 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-05-31 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-06-01 2016-11-30 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2016-11-30 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-05-31 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-06-01 2016-11-30 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2016-11-30 NI604743 uk-gaap:ProvisionsForBadDebts 2015-05-31 NI604743 uk-gaap:ProvisionsForBadDebts 2015-06-01 2016-11-30 NI604743 uk-gaap:ProvisionsForBadDebts 2016-11-30 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2015-05-31 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2015-06-01 2016-11-30 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2016-11-30 NI604743 uk-gaap:OtherProvisions 2015-05-31 NI604743 uk-gaap:OtherProvisions 2015-06-01 2016-11-30 NI604743 uk-gaap:OtherProvisions 2016-11-30 NI604743 uk-gaap:WithinOneYear 2015-05-31 NI604743 uk-gaap:WithinOneYear 2015-06-01 2016-11-30 NI604743 uk-gaap:WithinOneYear 2016-11-30 NI604743 uk-gaap:AfterOneYear 2015-05-31 NI604743 uk-gaap:AfterOneYear 2015-06-01 2016-11-30 NI604743 uk-gaap:AfterOneYear 2016-11-30 NI604743 uk-bus:AllOrdinaryShares 2016-11-30 NI604743 uk-bus:AllOrdinaryShares 2015-05-31 NI604743 uk-bus:OrdinaryShareClass1 2016-11-30 NI604743 uk-bus:OrdinaryShareClass2 2016-11-30 NI604743 uk-bus:OrdinaryShareClass3 2016-11-30 NI604743 uk-bus:OrdinaryShareClass4 2016-11-30 NI604743 uk-bus:OrdinaryShareClass5 2016-11-30 NI604743 uk-bus:OrdinaryShareClass1 2015-06-01 2016-11-30 NI604743 uk-bus:OrdinaryShareClass2 2015-06-01 2016-11-30 NI604743 uk-bus:OrdinaryShareClass3 2015-06-01 2016-11-30 NI604743 uk-bus:OrdinaryShareClass4 2015-06-01 2016-11-30 NI604743 uk-bus:OrdinaryShareClass5 2015-06-01 2016-11-30 NI604743 uk-bus:PreferenceShareClass1 2016-11-30 NI604743 uk-bus:PreferenceShareClass2 2016-11-30 NI604743 uk-bus:PreferenceShareClass3 2016-11-30 NI604743 uk-bus:PreferenceShareClass4 2016-11-30 NI604743 uk-bus:PreferenceShareClass5 2016-11-30 NI604743 uk-bus:PreferenceShareClass1 2015-06-01 2016-11-30 NI604743 uk-bus:PreferenceShareClass2 2015-06-01 2016-11-30 NI604743 uk-bus:PreferenceShareClass3 2015-06-01 2016-11-30 NI604743 uk-bus:PreferenceShareClass4 2015-06-01 2016-11-30 NI604743 uk-bus:PreferenceShareClass5 2015-06-01 2016-11-30 NI604743 uk-bus:CompanySecretary 2015-06-01 2016-11-30 NI604743 uk-bus:RegisteredOffice 2015-06-01 2016-11-30 NI604743 uk-bus:EntityAccountantsOrAuditors 2015-06-01 2016-11-30 NI604743 uk-bus:EntityAccountantsOrAuditors 2016-11-30 NI604743 uk-bus:MainBusiness 2015-06-01 2016-11-30 NI604743 uk-bus:EntityBankers 2015-06-01 2016-11-30 NI604743 uk-bus:EntityLawyersOrLegalAdvisers 2015-06-01 2016-11-30 NI604743 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2015-06-01 2016-11-30 NI604743 uk-bus:HighestPaidDirector 2015-06-01 2016-11-30 NI604743 uk-bus:HighestPaidDirector 2016-11-30 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-06-01 2016-11-30 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2015-06-01 2016-11-30 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2015-06-01 2016-11-30 NI604743 uk-bus:AllEntityOfficers 2015-06-01 2016-11-30 NI604743 uk-gaap:InvestmentProperties 2015-05-31 NI604743 uk-gaap:InvestmentProperties 2015-06-01 2016-11-30 NI604743 uk-gaap:InvestmentProperties 2016-11-30 NI604743 uk-gaap:IntellectualProperty 2015-06-01 2016-11-30 NI604743 uk-gaap:IntellectualProperty 2015-05-31 NI604743 uk-gaap:IntellectualProperty 2016-11-30 NI604743 uk-countries:UnitedKingdom 2015-06-01 2016-11-30 NI604743 uk-countries:Europe 2015-06-01 2016-11-30 NI604743 uk-countries:NorthAmerica 2015-06-01 2016-11-30 NI604743 uk-countries:SouthAmerica 2015-06-01 2016-11-30 NI604743 uk-countries:Asia 2015-06-01 2016-11-30 NI604743 uk-countries:RestWorldOutsideUK 2015-06-01 2016-11-30 NI604743 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-06-01 2016-11-30 NI604743 uk-gaap:LeasedTangibleFixedAssets 2015-06-01 2016-11-30 NI604743 uk-gaap:AllSubsidiaries 2015-06-01 2016-11-30 NI604743 uk-gaap:AllAssociates 2015-06-01 2016-11-30 NI604743 dpl-gaap:CostSales 2015-05-31 NI604743 dpl-gaap:CostSales 2016-11-30 NI604743 dpl-gaap:CostSales 2015-06-01 2016-11-30 NI604743 dpl-gaap:DistributionCosts 2015-06-01 2016-11-30 NI604743 dpl-gaap:AdministrativeExpenses 2015-06-01 2016-11-30 NI604743 uk-bus:Director1 2015-06-01 2016-11-30 NI604743 uk-bus:Director1 2016-11-30 NI604743 2014-05-31 NI604743 2015-05-31 NI604743 2014-06-01 2015-05-31 NI604743 uk-gaap:RestatedAmount 2014-05-31 NI604743 uk-gaap:RestatedAmount 2015-05-31 NI604743 uk-gaap:NetGoodwill 2014-05-31 NI604743 uk-gaap:NetGoodwill 2015-05-31 NI604743 uk-gaap:NetGoodwill 2014-06-01 2015-05-31 NI604743 uk-gaap:OtherIntangibleFixedAssets 2014-06-01 2015-05-31 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-05-31 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2015-05-31 NI604743 uk-gaap:IntangibleAssetsOtherThanGoodwill 2014-06-01 2015-05-31 NI604743 uk-gaap:DevelopmentCosts 2014-05-31 NI604743 uk-gaap:DevelopmentCosts 2015-05-31 NI604743 uk-gaap:DevelopmentCosts 2014-06-01 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-06-01 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-06-01 2015-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2014-05-31 NI604743 uk-gaap:LandBuildings uk-gaap:LeasedTangibleFixedAssets 2015-05-31 NI604743 uk-gaap:PlantMachinery 2014-06-01 2015-05-31 NI604743 uk-gaap:PlantMachinery 2014-05-31 NI604743 uk-gaap:PlantMachinery 2015-05-31 NI604743 uk-gaap:Vehicles 2014-06-01 2015-05-31 NI604743 uk-gaap:Vehicles 2014-05-31 NI604743 uk-gaap:Vehicles 2015-05-31 NI604743 uk-gaap:FixturesFittings 2014-06-01 2015-05-31 NI604743 uk-gaap:FixturesFittings 2014-05-31 NI604743 uk-gaap:FixturesFittings 2015-05-31 NI604743 uk-gaap:ComputerEquipment 2014-06-01 2015-05-31 NI604743 uk-gaap:ComputerEquipment 2014-05-31 NI604743 uk-gaap:ComputerEquipment 2015-05-31 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2014-05-31 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2014-06-01 2015-05-31 NI604743 uk-gaap:SharesListedFixedAssetInvestments 2015-05-31 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-05-31 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2014-06-01 2015-05-31 NI604743 uk-gaap:SharesUnlistedFixedAssetInvestments 2015-05-31 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-05-31 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2014-06-01 2015-05-31 NI604743 uk-gaap:FixedAssetInvestmentsOtherThanSharesIncludingLoans 2015-05-31 NI604743 uk-gaap:ProvisionsForBadDebts 2014-05-31 NI604743 uk-gaap:ProvisionsForBadDebts 2014-06-01 2015-05-31 NI604743 uk-gaap:ProvisionsForBadDebts 2015-05-31 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2014-05-31 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2014-06-01 2015-05-31 NI604743 uk-gaap:ProvisionsForDeferredTaxation 2015-05-31 NI604743 uk-gaap:OtherProvisions 2014-05-31 NI604743 uk-gaap:OtherProvisions 2014-06-01 2015-05-31 NI604743 uk-gaap:OtherProvisions 2015-05-31 NI604743 uk-gaap:WithinOneYear 2014-05-31 NI604743 uk-gaap:WithinOneYear 2014-06-01 2015-05-31 NI604743 uk-gaap:WithinOneYear 2015-05-31 NI604743 uk-gaap:AfterOneYear 2014-05-31 NI604743 uk-gaap:AfterOneYear 2014-06-01 2015-05-31 NI604743 uk-gaap:AfterOneYear 2015-05-31 NI604743 uk-bus:AllOrdinaryShares 2015-05-31 NI604743 uk-bus:AllOrdinaryShares 2014-05-31 NI604743 uk-bus:OrdinaryShareClass1 2015-05-31 NI604743 uk-bus:OrdinaryShareClass2 2015-05-31 NI604743 uk-bus:OrdinaryShareClass3 2015-05-31 NI604743 uk-bus:OrdinaryShareClass4 2015-05-31 NI604743 uk-bus:OrdinaryShareClass5 2015-05-31 NI604743 uk-bus:OrdinaryShareClass1 2014-06-01 2015-05-31 NI604743 uk-bus:OrdinaryShareClass2 2014-06-01 2015-05-31 NI604743 uk-bus:OrdinaryShareClass3 2014-06-01 2015-05-31 NI604743 uk-bus:OrdinaryShareClass4 2014-06-01 2015-05-31 NI604743 uk-bus:OrdinaryShareClass5 2014-06-01 2015-05-31 NI604743 uk-bus:PreferenceShareClass1 2015-05-31 NI604743 uk-bus:PreferenceShareClass2 2015-05-31 NI604743 uk-bus:PreferenceShareClass3 2015-05-31 NI604743 uk-bus:PreferenceShareClass4 2015-05-31 NI604743 uk-bus:PreferenceShareClass5 2015-05-31 NI604743 uk-bus:PreferenceShareClass1 2014-06-01 2015-05-31 NI604743 uk-bus:PreferenceShareClass2 2014-06-01 2015-05-31 NI604743 uk-bus:PreferenceShareClass3 2014-06-01 2015-05-31 NI604743 uk-bus:PreferenceShareClass4 2014-06-01 2015-05-31 NI604743 uk-bus:PreferenceShareClass5 2014-06-01 2015-05-31 NI604743 uk-bus:CompanySecretary 2014-06-01 2015-05-31 NI604743 uk-bus:RegisteredOffice 2014-06-01 2015-05-31 NI604743 uk-bus:EntityAccountantsOrAuditors 2014-06-01 2015-05-31 NI604743 uk-bus:EntityAccountantsOrAuditors 2015-05-31 NI604743 uk-bus:MainBusiness 2014-06-01 2015-05-31 NI604743 uk-bus:EntityBankers 2014-06-01 2015-05-31 NI604743 uk-bus:EntityLawyersOrLegalAdvisers 2014-06-01 2015-05-31 NI604743 uk-gaap:BeforeAnyAdjustmentsForAmortisationImpairment uk-gaap:BeforeAnyAdjustmentsForExceptionalItems 2014-06-01 2015-05-31 NI604743 uk-bus:HighestPaidDirector 2014-06-01 2015-05-31 NI604743 uk-bus:HighestPaidDirector 2015-05-31 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-06-01 2015-05-31 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsPaid 2014-06-01 2015-05-31 NI604743 uk-bus:AllOrdinaryShares uk-gaap:DividendsProposed 2014-06-01 2015-05-31 NI604743 uk-bus:AllEntityOfficers 2014-06-01 2015-05-31 NI604743 uk-gaap:InvestmentProperties 2014-05-31 NI604743 uk-gaap:InvestmentProperties 2014-06-01 2015-05-31 NI604743 uk-gaap:InvestmentProperties 2015-05-31 NI604743 uk-gaap:IntellectualProperty 2014-06-01 2015-05-31 NI604743 uk-gaap:IntellectualProperty 2014-05-31 NI604743 uk-gaap:IntellectualProperty 2015-05-31 NI604743 uk-countries:UnitedKingdom 2014-06-01 2015-05-31 NI604743 uk-countries:Europe 2014-06-01 2015-05-31 NI604743 uk-countries:NorthAmerica 2014-06-01 2015-05-31 NI604743 uk-countries:SouthAmerica 2014-06-01 2015-05-31 NI604743 uk-countries:Asia 2014-06-01 2015-05-31 NI604743 uk-countries:RestWorldOutsideUK 2014-06-01 2015-05-31 NI604743 uk-gaap:OwnedOrFreeholdTangibleFixedAssets 2014-06-01 2015-05-31 NI604743 uk-gaap:LeasedTangibleFixedAssets 2014-06-01 2015-05-31 NI604743 uk-gaap:AllSubsidiaries 2014-06-01 2015-05-31 NI604743 uk-gaap:AllAssociates 2014-06-01 2015-05-31 NI604743 dpl-gaap:CostSales 2014-05-31 NI604743 dpl-gaap:CostSales 2015-05-31 NI604743 dpl-gaap:CostSales 2014-06-01 2015-05-31 NI604743 dpl-gaap:DistributionCosts 2014-06-01 2015-05-31 NI604743 dpl-gaap:AdministrativeExpenses 2014-06-01 2015-05-31 NI604743 uk-bus:Director1 2014-06-01 2015-05-31 NI604743 uk-bus:Director1 2015-05-31

Registered number: NI604743

Abbreviated accounts

For the Period 1 June 2015 to 30 November 2016

Allen Consulting (TA+A) Limited

Chartered Accountants & Chartered Tax Advisors

Scottish Provident Building

7 Donegall Square West

Belfast

BT1 6JH

Affinity Dental Care Ltd

Company No. NI604743

Abbreviated Balance Sheet 30 November 2016

Abbreviated Balance Sheet

		Period to 30 November 2016		31 May 2015
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	2		-		300,109
Tangible Assets	3		-		12,764

			-		312,873
CURRENT ASSETS
Stocks		-		7,500
Debtors		145,096		8,303
Cash at bank and in hand		66,890		5,759

		211,986		21,562
Creditors: Amounts Falling Due Within One Year		(29,607 )		(208,358 )

NET CURRENT ASSETS (LIABILITIES)			182,379		(186,796 )

TOTAL ASSETS LESS CURRENT LIABILITIES			182,379		126,077

NET ASSETS			182,379		126,077

CAPITAL AND RESERVES
Called up share capital	4		11,779		11,779
Profit and Loss Account			170,600		114,298

SHAREHOLDERS' FUNDS			182,379		126,077

Affinity Dental Care Ltd

Company No. NI604743

Abbreviated Balance Sheet (continued) 30 November 2016

For the period ending 30 November 2016 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These abbreviated accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the Financial Reporting Standard for Smaller Entities (effective 2015).

On behalf of the board

Mr Paul Thompson

23 February 2017

Page 1

Affinity Dental Care Ltd

Notes to the Abbreviated Accounts

For the Period 1 June 2015 to 30 November 2016

Notes to the Abbreviated Accounts

1. Accounting Policies

1.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015).

1.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

1.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

1.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% on cost

1.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

1.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

Page 2

Affinity Dental Care Ltd

Notes to the Abbreviated Accounts (continued)

For the Period 1 June 2015 to 30 November 2016

2. Intangible Assets


	Total
Cost	£
As at 1 June 2015	428,725
Disposals	(428,725)

As at 30 November 2016	-

Amortisation
As at 1 June 2015	128,616
Disposals	(128,616)

As at 30 November 2016	-

Net Book Value
As at 30 November 2016	-

As at 1 June 2015	300,109

3. Tangible Assets


	Total
Cost	£
As at 1 June 2015	53,328
Disposals	(53,328 )

As at 30 November 2016	-

Depreciation
As at 1 June 2015	40,564
Disposals	(40,564 )

As at 30 November 2016	-

Net Book Value
As at 30 November 2016	-

As at 1 June 2015	12,764

Page 3

Affinity Dental Care Ltd

Notes to the Abbreviated Accounts (continued)

For the Period 1 June 2015 to 30 November 2016

4. Share Capital

	Value	Number	Period to 30 November 2016	31 May 2015
Allotted, called up and fully paid	£		£	£
Ordinary shares	1	11779	11,779	11,779

5. Ultimate Controlling Party

The company's ultimate controlling party is the director by virtue of his ownership of the majority of the issued share capital in the company.

Page 4