Consolidated balance sheet

year ended 30 June 2001

Note

2001

2000

 '000

 '000

FIXED ASSETS

Intangible fixed assets

9

2,500

20,540

Tangible assets

10

1,459

1,034

Investments

11

70

4,029

21,574

CURRENT ASSETS

Debtors

12

802

1,401

Cash at bank and in hand

1,395

6,300

2,197

7,701

CREDITORS: amounts falling due

within one year

13

(3,026)

(4,694)

NET CURRENT (LIABILITIES)/ASSETS

(829)

3,007

TOTAL ASSETS LESS CURRENT LIABILITIES

3,200

24,581

CREDITORS: amounts falling due

after more than one year

14

(260)

PROVISIONS FOR LIABILITIES AND CHARGES

16

(21)

NET ASSETS

2,940

24,560

CAPITAL AND RESERVES

Called up share capital

17

163

160

Deferred equity

18

75

75

Share premium

18

28,955

28,938

Profit and loss account

18

(26,163)

(4,523)

Merger reserve

18

(90)

(90)

EQUITY SHAREHOLDERS' FUNDS

19

2,940

24,560

These financial statements were approved by the Board of Directors on 

21 September 2001.

Signed on behalf of the Board of Directors:

J M Robinson

Chief Executive Officer

21