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Financial statements
Company balance sheet
Company balance sheet
28 October 2008 29 October 2007
Notes £000 £000 £000 £000
Fixed assets
Tangible fixed assets 35 – 4,704 – 7,978
Investments 36 – 64,412 – 49,827
– 69,116 – 57,805
Current assets
Debtors 37 36,236 32,406
Bank and cash balances – 3,671
Derivative financial assets 40 622 –
36,858 36,077
Creditors
Amounts falling due within one year 38 24,289 22,153
Derivative financial liabilities 381 –
24,670 22,153
Net current assets – 12,188 – 13,924
Total assets less current liabilities – 81,304 – 71,729
Creditors
Amounts falling due after more than one year 39 – 26,983 – 50
– 54,321 – 71,679
Provisions for liabilities 41 763 668
Deferred income
Grants not yet credited to profit 7 20
– 770 – 688
Net assets – 53,551 – 70,991
Capital and reserves
Called up share capital 42 – 6,587 – 6,157
Share premium account 43 – 34,558 – 31,985
Merger reserve 43 – 7,586 – 6,703
Revaluation reserve 43 – 618 – 618
Investment property revaluation reserve 43 – 455 – 1,255
Translation reserve 43 – (844) – (213)
Hedging reserve 43 – 241 – –
Other reserves 43 – 814 – 814
Profit and loss account 43 – 3,536 – 23,672
Shareholders’ funds – 53,551 – 70,991
The accounts were approved by the Board of Directors on 26 February 2009 and signed on its behalf by:
M T Reynolds M Lejman
Director Director
The notes on pages 77 to 84 form part of these Company financial statements.
Cosalt plc Annual report & financial statements 2008
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