Annual Report & Accounts - Countrywide Farmers

Parent Company Balance Sheet
At 31 May 2008
2008 2007
Note £000s £000s
Fixed Assets
Intangible assets
Goodwill 9 156 240
Negative Goodwill 9 (988) -
(832) 240
Tangible assets 10 37,905 32,303
Investments 11 347 9,417
Investment in Joint Venture - 631
37,420 42,591
Current Assets
Stock 12 15,373 11,567
Debtors 13 27,363 18,648
Cash at bank and in hand 39 74
42,775 30,289
Creditors - amounts falling due within one year 14 (40,274) (39,629)
Net Current Assets/(Liabilities) 2,501 (9,340)
Total Assets less Current Liabilities 39,921 33,251
Creditors - amounts falling due after more than one year 15 (4,041) (4,643)
Provisions for liabilities and charges 16 (1,273) (1,310)
Net assets excluding Pension Liability 34,607 27,298
Net Pension Liability 25 (5,511) (4,475)
Net assets 29,096 22,823
Capital and Reserves
Called up share capital 18 16,413 16,413
Merger reserve 19 - (7,343)
Revaluation reserve 20 14,536 14,536
Profit and loss account 21 (1,853) (783)
Equity shareholders' funds 29,096 22,823
The financial statements on pages 16 to 42 were approved by the Board of Directors on 28 August 2008 and were signed
on its behalf by:
NP Hall
JH Hardman
}
Directors
Page 19