|
|
|
Notes
|
Group 2001 £ |
Group 2000 £ |
|
FIXED
ASSETS |
|
|
|
|
|
Intangible
assets |
|
8 |
1,183,859 |
1,315,484 |
|
Tangible
assets |
|
9 |
17,671 |
25,925 |
|
|
|
|
|
|
|
|
|
|
1,201,530 |
1,341,409 |
|
|
|
|
|
|
|
CURRENT
ASSETS |
|
|
|
|
|
Stocks |
|
11 |
3,750 |
7,368 |
|
Debtors |
|
12 |
157,624 |
73,701 |
|
Cash
at bank and in hand |
|
|
368,649 |
574,679 |
|
|
|
|
|
|
|
|
|
|
530,023 |
655,748 |
|
|
|
|
|
|
|
CREDITORS:
Amounts falling due within one year (including
convertible debt) |
|
|
|
|
|
Deferred
revenue |
|
|
(754,895) |
(357,670) |
|
Other
creditors |
|
|
(368,501) |
(106,718) |
|
|
|
|
|
|
|
|
|
13 |
(1,123,396) |
(464,388) |
|
|
|
|
|
|
|
|
|
|
|
|
|
NET
CURRENT (LIABILITIES)/ASSETS |
|
|
(593,373) |
191,360 |
|
|
|
|
|
|
|
|
|
|
|
|
|
TOTAL
ASSETS LESS CURRENT LIABILITIES |
|
|
608,157 |
1,532,769 |
|
|
|
|
|
|
|
CREDITORS: Amounts falling due after more than one
year (including convertible debt) |
|
14 |
- |
(400,000) |
|
|
|
|
|
|
|
NET
ASSETS |
|
|
608,157 |
1,132,769 |
|
|
|
|
|
|
|
|
|
|
|
|
|
CAPITAL
AND RESERVES |
|
|
|
|
|
Called
up share capital |
|
16 |
770,168 |
627,858 |
|
Share
premium account |
|
17 |
1,262,705 |
986,705 |
|
Merger
reserve |
|
17 |
105,011 |
(96,227) |
|
Other
reserve |
|
17 |
- |
251,548 |
|
Profit
and loss account |
|
17 |
(1,529,727) |
(637,115) |
|
|
|
|
|
|
|
SHAREHOLDERS’
FUNDS |
|
|
608,157 |
1,132,769 |
|
|
|
|
|
|
|
|
|
|
|
|
Approved
by the board on 28 February 2002
and signed on its behalf by
NW Wray Chairman
JJC Turner Chief Executive