31st December 2007

2007

2006

£

£

Fixed assets

Tangible assets

27,658

12,757

Current assets

Stocks

7,556

19,834

Debtors

955,623

1,074,445

Cash at bank and in hand

214,698

127,113

1,177,877

1,221,392

Creditors: Amounts falling due within one year

(919,864)

(965,983)

Net current assets

258,013

255,409

Total assets less current liabilities

285,671

268,166

Creditors: Amounts falling due after more than one year

(22,855)

(7,813)

Net assets

262,816

260,353

Capital and reserves

Called-up share capital

50,000

50,000

Revaluation reserve

Profit and loss account

212,816

210,353

Shareholders’ funds: All equity interests

262,816

260,353