| as at 31 December 2003 | ||||||||
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| Note | 2003 £000 |
2002 £000 |
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| Fixed assets | ||||||||
| Investments | 12 | 44,486 | 31,439 | |||||
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| Current assets | ||||||||
| Debtors* | 14 | 87,498 | 96,906 | |||||
| Cash at bank and in hand | 247 | 560 | ||||||
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| 87,745 | 97,466 | |||||||
| Creditors: amounts falling due within one year | 15 | (23,950) | (17,700) | |||||
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| Net current assets* | 63,795 | 79,766 | ||||||
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| Total assets less current liabilities | 108,281 | 111,205 | ||||||
| Creditors: amounts falling due after more than one year | 16 | (44,544) | (56,534) | |||||
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| Net assets | 63,737 | 54,671 | ||||||
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| Capital and reserves | ||||||||
| Called up share capital | 19 | 6,507 | 6,498 | |||||
| Share capital to be issued | 19 | 680 | - | |||||
| Share premium account | 20 | 35,374 | 35,293 | |||||
| Capital redemption reserve | 20 | 7,629 | 7,629 | |||||
| Profit and loss account | 20 | 13,547 | 5,251 | |||||
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| Equity shareholders’ funds | 63,737 | 54,671 | ||||||
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| *Debtors and net current assets include debtors recoverable after more than one year of £65,784,000 (2002: £76,067,000). | ||||||||
| These accounts were approved by the board of directors on 11 March 2004 and signed on its behalf by: | ||||||||
| J M West Chairman J W G Hind Finance director The notes form part of these accounts. >>click here to download the Notes to the accounts in PDF (111Kb) |
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