| June 2008 | | | | |
+--------------+-----------+-----------+-----------+------------+
| | | | | |
+--------------+-----------+-----------+-----------+------------+
5. Intangible assets
+--------------+---------------+---------+-----------+-----------+
| | Customer | Video | Goodwill | Total |
+--------------+---------------+---------+-----------+-----------+
| | relationships | library | | |
+--------------+---------------+---------+-----------+-----------+
| | GBP | GBP | GBP | GBP |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
| Cost | | | | |
+--------------+---------------+---------+-----------+-----------+
| At 1 | 566,880 | 126,000 | 1,173,310 | 1,866,190 |
| January | | | | |
| and 30 | | | | |
| June | | | | |
| 2009 | | | | |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
| Amortisation | | | | |
| and | | | | |
| impairment | | | | |
| losses | | | | |
+--------------+---------------+---------+-----------+-----------+
| At 1 | 566,880 | 34,225 | 974,000 | 1,575,105 |
| January | | | | |
| 2009 | | | | |
+--------------+---------------+---------+-----------+-----------+
| Charge | - | 6,300 | - | 6,300 |
| for | | | | |
| period | | | | |
+--------------+---------------+---------+-----------+-----------+
| At 30 | 566,880 | 40,525 | 974,000 | 1,581,405 |
| June | | | | |
| 2009 | | | | |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
| Carrying | | | | |
| amounts | | | | |
+--------------+---------------+---------+-----------+-----------+
| Unaudited | - | 85,475 | 199,310 | 284,785 |
| at 30 | | | | |
| June 2009 | | | | |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
| At 31 | - | 91,775 | 199,310 | 291,085 |
| December | | | | |
| 2008 | | | | |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
| Unaudited | 36,755 | 98,111 | 199,310 | 334,176 |
| at 30 | | | | |
| June 2008 | | | | |
+--------------+---------------+---------+-----------+-----------+
| | | | | |
+--------------+---------------+---------+-----------+-----------+
6. Inventories
+----------+-----------+--------+-----------+--------+--------+
| | Unaudited | | Unaudited | | As at |
| | as at | | as at | | 31 Dec |
| | 30 June | | 30 June | | 08 |
| | 09 | | 08 | | GBP |
| | GBP | | GBP | | |
+----------+-----------+--------+-----------+--------+--------+
| | | | | | |
+----------+-----------+--------+-----------+--------+--------+
| Work | 28,455 | | 756 | | 29,122 |
| in | | | | | |
| progress | | | | | |
+----------+-----------+--------+-----------+--------+--------+
| Finished | 73,960 | | - | | 67,020 |
| goods | | | | | |
+----------+-----------+--------+-----------+--------+--------+
| | 102,415 | | 756 | | 96,142 |
+----------+-----------+--------+-----------+--------+--------+
The inventory expense included in cost of sales in the Consolidated Income
Statement was GBP119,836 (30 June 2008: GBP141,441; 31 December 2008:
GBP528,325). Impairment charges for obsolete and slow moving inventories were
GBPnil (30 June 2008: GBPnil; 31 December 2008: GBP1,958).
7. Trade and other receivables
+-------------+-----------+--------+-----------+--------+---------+
| | Unaudited | | Unaudited | | As at |
| | as at | | as at | | 31 Dec |
| | 30 June | | 30 June | | 08 |
| | 09 | | 08 | | GBP |
| | GBP | | GBP | | |
+-------------+-----------+--------+-----------+--------+---------+
| | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| Trade | 380,132 | | 585,365 | | 554,607 |
| receivables | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| Other | 105,864 | | 85,051 | | 62,396 |
| debtors | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| | 485,996 | | 670,416 | | 617,003 |
+-------------+-----------+--------+-----------+--------+---------+
As 30 June 2009 trade receivables are shown after a provision for impairment of
GBP26,716 (30 June 2008: GBP10,025; 31 December 2008: GBP28,064) arising from
slow moving debts and disputed charges. During the period to 30 June 2009
GBP1,348 of the 2008 provision for impairment was utilised. All debts are due
within one year.
At 30 June 2009 the total of trade receivables past due, net of provision for
impairment, was as follows:
+--------+-----------+--------+-----------+--------+---------+
| | Unaudited | | Unaudited | | As at |
| | as at | | as at | | 31 Dec |
| | 30 June | | 30 June | | 08 |
| | 09 | | 08 | | GBP |
| | GBP | | GBP | | |
+--------+-----------+--------+-----------+--------+---------+
| | | | | | |
+--------+-----------+--------+-----------+--------+---------+
| Up to | 178,396 | | 274,405 | | 239,930 |
| 3 | | | | | |
| months | | | | | |
| past | | | | | |
| due | | | | | |
+--------+-----------+--------+-----------+--------+---------+
| Over 3 | - | | 73,157 | | 55,177 |
| months | | | | | |
| past | | | | | |
| due | | | | | |
+--------+-----------+--------+-----------+--------+---------+
| | 178,396 | | 347,562 | | 295,107 |
+--------+-----------+--------+-----------+--------+---------+
8. Cash and cash equivalents
+-------------+-----------+--------+-----------+--------+---------+
| | Unaudited | | Unaudited | | As at |
| | as at | | as at | | 31 Dec |
| | 30 June | | 30 June | | 08 |
| | 09 | | 08 | | GBP |
| | GBP | | GBP | | |
+-------------+-----------+--------+-----------+--------+---------+
| | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| Bank | 70,565 | | 1,175 | | 11,359 |
| balances | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| Call | 636,031 | | 643,968 | | 871,838 |
| deposits | | | | | |
+-------------+-----------+--------+-----------+--------+---------+
| Cash | 706,596 | | 645,143 | | 883,197 |
| and | | | | | |
| cash | | | | | | |