Wealth management firm LeBruin Private Ltd made a loss of €144,691 in the year ending April 2011, according to abridged accounts just filed. It had negative reserves at year’s end of €543,562.

The majority shareholders are former Anglo Irish Bank executives Tom Browne and Cathal Fitzgerald.

A note in the accounts says the shareholders are willing to provide financial support to the firm for the foreseeable future. As a result, the accounts have been prepared on a going-concern basis.