At 31 July 2007
|
Note |
2007
£'000 |
|
2007
£'000 |
|
2006
(restated)*
£'000 |
|
2006
(restated)*
£'000 |
|
|
| Fixed assets |
|
|
|
|
|
|
|
|
|
| Tangible assets |
13 |
|
|
803 |
|
|
|
316 |
|
| Investments |
14 |
|
|
11,653 |
|
|
|
7,684 |
|
|
|
|
|
|
12,456 |
|
|
|
8,000 |
|
| Current assets |
|
|
|
|
|
|
|
|
|
| Debtors – due within one year |
15 |
3,412 |
|
|
|
7,639 |
|
|
|
| - due after more than one year |
15 |
27,913 |
|
|
|
26,271 |
|
|
|
|
| |
|
31,325 |
|
|
|
33,910 |
|
|
|
| Cash at bank and in hand |
|
705 |
|
|
|
201 |
|
|
|
|
|
32,030 |
|
|
|
34,111 |
|
|
|
| Creditors: amounts falling due within one year |
16 |
(4,326 |
) |
|
|
(2,340 |
) |
|
|
|
| Net current assets |
|
|
|
27,704 |
|
|
|
31,771 |
|
|
| Total assets less current liabilities |
|
|
|
40,160 |
|
|
|
39,771 |
|
| Creditors: amounts falling due after more than one year |
17 |
|
|
(25,921 |
) |
|
|
(26,907 |
) |
|
| Net assets |
|
|
|
14,239 |
|
|
|
12,864 |
|
|
| Capital and reserves |
|
|
|
|
|
|
|
|
|
| Called up share capital |
18 |
|
|
1,334 |
|
|
|
1,303 |
|
| Shares to be issued |
18 |
|
|
190 |
|
|
|
558 |
|
| Share premium account |
22 |
|
|
5,157 |
|
|
|
5,157 |
|
| Merger reserve |
22 |
|
|
2,160 |
|
|
|
1,353 |
|
| Share-based payment reserve |
22 |
|
|
491 |
|
|
|
229 |
|
| ESOP reserve |
21,22 |
|
|
(681 |
) |
|
|
(1,487 |
) |
| Profit and loss account |
22 |
|
|
5,588 |
|
|
|
5,751 |
|
|
| Equity shareholders' funds |
|
|
|
14,239 |
|
|
|
12,864 |
|
|
*See note 1 - Foreign currencies
The financial statements were approved by the Board of directors and authorised for issue on 13 November 2007.
W Whitehorn Chairman D Dewhurst Finance Director
The notes form part of these financial statements.