Results for the year ended

30 September 1996


Consolidated Balance Sheet

  Year Ended
£000 30 September 1996   30 September 1995
       
FIXED ASSETS      
Tangible fixed assets 6,074   5,241
       
CURRENT ASSETS      
Stocks 5,636   6,855
Debtors 19,092   16,406
Cash at bank and in hand 13,503   10,385
  38,231   33,646
CREDITORS      
Amounts falling due within one year (22,389)   (20,867)
       
NET CURRENT ASSETS 15,842   12,779
       
TOTAL ASSETS LESS CURRENT LIABILITIES 21,916   18,020
CREDITORS      
Amounts falling due after more than one year (1,965)   (1,487)
PROVISION FOR LIABILITIES AND CHARGES (106)   (119)
       
NET ASSETS 19,845   16,414
       
CAPITAL AND RESERVES      
Called-up share capital 1,779   1,744
Other reserve -   600
Share premium account 4,948   4,689
Profit and loss account 13,118   9,381
       
EQUITY SHAREHOLDERS' FUNDS 19,845   16,414
       

These financial statements were approved by the Board of Directors on Friday 22nd November 1996.

M D Fischer             M D Greig
DIRECTOR                DIRECTOR




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