Does anyone understand the Calculations for 6655123992 (FS)

At first glance the interest figure looks OK to me when adjusted for the 12-Feb date of the conveyancing completion rather than the 17-Feb date on which the comms were sent and the loan marked as completed on the platform.

(I did need to track back through and find 6655123992A which explained why the Capital sum was an unexpected amount.)

The way I'm reading it is that:



Where the 'FS Fees (Full Redemption)' figure is what FS were due at the date of completion from the management of the loan as per the loan contract (ie nothing to do with Administration / CG&Co)
with Investor capital is the balance of the initial £48k loan amount less the 3992A repayment of £18,600.56
and [Lender] 'Interest due as at completion' being the £8.86 daily rate of interest on £29.4k paid for 882 days (taking 12-Feb as the completions date)

Investors received 100% of Capital  - whoop-whoop! print it out and frame it!!
but had CG&Co's fee of £2,496.89 deducted from the [Lender] 'Interest due as at completion' figure.  

What continues to gall me is that CG&Co calculated their 2.5%+VAT fee on the 'Net Receipts' figure of £83.229.60 and did not base it on 2.5%+VAT of the loan capital sum at the time they were brought in. Or even the 'Total amount due as at completion' figure.  Either would have seen a greater sum returned to lenders.

I might suggest that, blinded by greed and / or arrogance, CG&Co thought this might not have been spotted; but instead I'll be charitable and put it down to incompetence.