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Balance Sheet

  2004 2003
ASSETS EMPLOYED    
FIXED ASSETS    
 Intangible Assets 1,042,395 947,333
 Tangible Assets 124,345 79,081
  1,166,740 1,026,414
CURRENT ASSETS    
 Stocks 147,146 50,134
 Debtors 128,640 55,611
 Cash at bank and in hand 87,416  
  363,202 105,745
CREDITORS (amounts falling due within one year) (660,312) (537,918)
NET CURRENT LIABILITIES (297,110) (432,173)
ASSETS LESS CURRENT LIABILITIES 869,630 594,241
CREDITORS (amounts falling due after one year) (6,752)  
  862,878 594,241
FINANCED BY    
CAPITAL AND RESERVES    
 Called up share capital 446,317 426,580
 Share premium account 109,444 18,344
 Capital conversion reserve fund 6,736 6,736
 Profit and loss account 300,281 142,581
Shareholders' equity - all interests 862,878 594,241
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