|
|
|
Notes
|
Company 2001 £ |
Company 2000 £ |
|
FIXED
ASSETS |
|
|
|
|
|
Intangible
assets |
|
8 |
1,183,859 |
978,045 |
|
Tangible
assets |
|
9 |
17,671 |
1,172 |
|
Investments |
|
10 |
330,956 |
579,504 |
|
|
|
|
|
|
|
|
|
|
1,532,486 |
1,558,721 |
|
|
|
|
|
|
|
CURRENT
ASSETS |
|
|
|
|
|
Stocks |
|
11 |
3,750 |
- |
|
Debtors |
|
12 |
157,624 |
450,841 |
|
Cash
at bank and in hand |
|
|
368,649 |
433,191 |
|
|
|
|
|
|
|
|
|
|
520,023 |
884,032 |
|
|
|
|
|
|
|
CREDITORS:
Amounts falling due within one year (including convertible debt) |
|
|
|
|
|
Deferred
revenue |
|
|
(754,895) |
(59,153) |
|
Other
creditors |
|
|
(371,601) |
(75,719) |
|
|
|
|
|
|
|
|
|
13 |
(1,126,496) |
(134,872) |
|
|
|
|
|
|
|
NET
CURRENT (LIABILITIES)/ASSETS |
|
|
(596,473) |
749,160 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
ASSETS LESS CURRENT LIABILITIES |
|
|
936,013 |
2,307,881 |
|
|
|
|
|
|
|
CREDITORS: Amounts falling due after more than one
year (including convertible debt) |
|
14 |
- |
(534,718) |
|
|
|
|
|
|
|
NET
ASSETS |
|
|
936,013 |
1,773,163 |
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
AND RESERVES |
|
|
|
|
|
Called
up share capital |
|
16 |
770,168 |
627,858 |
|
Share
premium account |
|
17 |
1,262,705 |
986,705 |
|
Merger
reserve |
|
17 |
- |
- |
|
Other
reserve |
|
17 |
- |
251,548 |
|
Profit
and loss account |
|
17 |
(1,096,860) |
(92,948) |
|
|
|
|
|
|
|
SHAREHOLDERS’
FUNDS |
|
|
936,013 |
1,773,163 |
|
|
|
|
|
|
|
|
|
|
|
|
Approved
by the board on 28 February 2002
and signed on its behalf by
NW Wray Chairman
JJC Turner Chief Executive