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