| Cash at bank and in hand | | 1,059 | | 3,328 |
+--------------------------------------------------+--+---------+--+----------+
| Cash and cash equivalents | | 1,059 | | 3,328 |
+--------------------------------------------------+--+---------+--+----------+
| | | | | |
+--------------------------------------------------+--+---------+--+----------+
| The effective interest rate on short term bank | | 5.81% | | 5.37% |
| deposits was: | | | | |
+--------------------------------------------------+--+---------+--+----------+
44 Trade and other creditors
+--------------------------------------------------+--+----------+--+----------+
| | | 2008 | | 2007 |
+--------------------------------------------------+--+----------+--+----------+
| | | GBP000 | | GBP000 |
+--------------------------------------------------+--+----------+--+----------+
| | | | | |
+--------------------------------------------------+--+----------+--+----------+
| Corporation tax | | 15 | | - |
+--------------------------------------------------+--+----------+--+----------+
| Other taxes and social security | | 3 | | - |
+--------------------------------------------------+--+----------+--+----------+
| Accruals | | 54 | | 11 |
+--------------------------------------------------+--+----------+--+----------+
| | | 72 | | 11 |
+--------------------------------------------------+--+----------+--+----------+
45 Share premium, retained earnings and other reserves
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| | Share | | Equity | | Capital | | Retained | | Total |
| | Premium | | settled | | redemption | | earnings | | |
| | | | share | | Reserve | | | | |
| | | | incentive | | | | | | |
| | | | reserve | | | | | | |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| | GBP000 | | GBP000 | | GBP000 | | GBP000 | | GBP000 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| | | | | | | | | | |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Balance at 1 January 2007 | - | | - | | - | | - | | - |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Premium on shares issued | 3,539 | | | | | | | | 3,539 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Equity settled share | - | | 8 | | - | | - | | 8 |
| incentive reserve | | | | | | | | | |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Reserve transfers | - | | - | | 50 | | (50) | | 0 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Profit for the year | - | | - | | - | | 550 | | 550 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Balance at 31 December 2007 | 3,539 | | 8 | | 50 | | 500 | | 4,097 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| | | | | | | | | | |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Equity settled share | - | | 155 | | - | | - | | 155 |
| incentive reserve | | | | | | | | | |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Ordinary dividend paid | - | | - | | - | | (1,500) | | (1,500) |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Profit for the year | - | | - | | - | | 4,618 | | 4,618 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
| Balance at 31 December 2008 | 3,539 | | 163 | | 50 | | 3,618 | | 7,370 |
+------------------------------+---------+--+-------------+--+------------+---+----------+---+---------+
46 Reconciliation of movement in shareholders' equity
+--------------------------------------------------+----------+-+----------+-+----------+
| | | | 2008 | | 2007 |
+--------------------------------------------------+----------+-+----------+-+----------+
| | | | GBP000 | | GBP000 |
+--------------------------------------------------+----------+-+----------+-+----------+
| | | | | | |
+--------------------------------------------------+----------+-+----------+-+----------+
| Profit for the year | | | 4,618 | | 550 |
+--------------------------------------------------+----------+-+----------+-+----------+
| Issue of new shares | | | - | | 1,050 |
+--------------------------------------------------+----------+-+----------+-+----------+
| Redemption of shares | | | - | | (50) |
+--------------------------------------------------+----------+-+----------+-+----------+
| Share premium | | | - | | 3,539 |
+--------------------------------------------------+----------+-+----------+-+----------+
| Equity settled share incentive reserve | | 155 | | 8 |
+-------------------------------------------------------------+-+----------+-+----------+
| Ordinary dividend paid | | | (1,500) | | - |
+--------------------------------------------------+----------+-+----------+-+----------+
| Net addition to shareholders' funds | | | 3,273 | | 5,097 |
+--------------------------------------------------+----------+-+----------+-+----------+
| Opening shareholders' equity | | | 5,097 | | - |
+--------------------------------------------------+----------+-+----------+-+----------+
| Closing shareholders' equity | | | 8,370 | | 5,097 |
+--------------------------------------------------+----------+-+----------+-+----------+
47 Reconciliation of operating profit to net cash flow from operating
activities
+--------------------------------------------------+----------+-+---------+-+----------+
| | | | 2008 | | 2007 |
+--------------------------------------------------+----------+-+---------+-+----------+
| | | | GBP000 | | GBP000 |
+--------------------------------------------------+----------+-+---------+-+----------+
| | | | | | |
+--------------------------------------------------+----------+-+---------+-+----------+
| Profit for the financial year | | | 4,618 | | 550 |
+--------------------------------------------------+----------+-+---------+-+----------+
| Interest receivable | | | (177) | | (41) |
+--------------------------------------------------+----------+-+---------+-+----------+
| Increase in debtors | | | (2,445) | | (865) |
+--------------------------------------------------+----------+-+---------+-+----------+
| Increase in creditors | | | 61 | | 11 |
+--------------------------------------------------+----------+-+---------+-+----------+
| Cash generated by operations | | | 2,057 | | (345) |
+--------------------------------------------------+----------+-+---------+-+----------+
48 Related party transactions
Details of related party transactions are provided in note 35 to the
consolidated financial statements.
49 Share based payments
Details of share based payment plans are provided in note 33 to the consolidated
financial statements.
Shareholder information and advisers
The ordinary shares of Abbey Protection plc (Company No 06352358) are traded on |