Financial

Consolidated Profit and Loss Account for the year ending December 31 2007

	2007 £'000	2006 £'000
Turnover - Continuing operations	7,266	6,260
Cost of Sales	(5,745)	(4,760)
Gross Profit	1,521	1,500
Administrative Expenses	(851)	(796)
Impairment of tangible fixed assets	-	(680)
Total administration expenses	(851)	(1,476)
Operating profit - continuing operations	670	24
Interest payable	(412)	(355)
Profit/(Loss) on ordinary activities before taxation	(258)	(331)
Tax on ordinary activities	(38)	(60)
Profit/(Loss) on ordinary activities after taxation	(220)	(391)
Minority Interests	(31)	---
Profit/(Loss) for the financial year	(251)	(391)
Basic (loss)/earnings per authorised ordinary share	3.7p	(6.6p)
Diluted (loss)/earnings per authorised ordinary share	3.7p	(6.6p)

Balance Sheet

	2007 £'000	2006 £'000
Fixed Assets
Intangible Assets
-positive goodwill and other intangible assets	688	719
-negative goodwill	(400)	(489)
Tangible assets	14,681	15,019
	14,969	15,249
Current assets
Stocks	49	57
Debtors	562	543
Cash at bank and in hand	8	142
	619	742
Creditors:Amounts falling due within one year	(2,226)	(2,899)
Net current liabilities	(1,607)	(2,157)
Total assets less current liabilities	13,362	13,092
Creditors: Amounts falling due after more than one year	(4,947)	(4,400)
Provisions for liabilities and charges	(254)	(249)
Net assets	8,161	8,443
Capital and reserves
Called up share capital	3,000	2,968
Share premium account	250	228
Revaluation reserve	4,032	4,399
Share-based payment reserve	9
Profit and loss account	870	848
Shareholders' funds	8,161	8,443
Attributable to
Equity minority interest	362	393
Equity shareholders' funds	7,799	8,050