Five Year Statement
Consolidated statement of comprehensive income
For the five years ended 30 September 2018 to 2022.
| 2022 | 2021 | 2020 | 2019 | 2018 | |
| £’000 | £’000 | £’000 | £’000 | £’000 | |
| Group revenue | 12,340 | 11,683 | 12,680 | 20,104 | 22,288 |
| Cost of sales | (8,577) | (8,146) | (10,130) | (13,311) | (14,047) |
| Cost of sales excluding exceptional items | (8,577) | (8,146) | (9,015) | (13,311) | (14,047) |
| Exceptional items | — | — | (1,115) | — | — |
| Gross profit | 3,763 | 3,537 | 2,550 | 6,793 | 8,241 |
| Distribution costs | (258) | (183) | (196) | (350) | (461) |
| Administration expenses | (2,810) | (2,901) | (3,318) | (3,462) | (3,639) |
| Administration expenses excluding exceptional items | (2,810) | (2,901) | (3,060) | (3,462) | (3,639) |
| Exceptional items | — | — | (258) | — | — |
| Group trading profit/(loss) | 695 | 453 | (964) | 2,981 | 4,141 |
| Other income | — | — | 500 | — | — |
| Group operating profit/(loss) | 695 | 453 | (464) | 2,981 | 4,141 |
| Finance costs | — | — | — | — | (21) |
| Finance revenue | 10 | — | 41 | 76 | 68 |
| Profit/(loss) before tax | 705 | 453 | (423) | 3,057 | 4,188 |
| Tax (expense)/credit | (94) | (47) | 129 | (366) | (541) |
| Profit/(loss) for the year | 611 | 406 | (294) | 2,691 | 3,647 |
| Other comprehensive income | — | — | — | — | — |
| Total comprehensive income/(loss) | 611 | 406 | (294) | 2,691 | 3,647 |
| Earnings/(loss) per share | |||||
| Basic | 5.6p | 3.0p | (1.8p) | 16.8p | 22.7p |
| Dividends per share | 2.2p | 1.5p | 0p | 22.8p | 22.8p |
Consolidated statement of financial position
At 30 September 2018 to 2022
| 2022 | 2021 | 2020 | 2019 | 2018 | |
| £’000 | £’000 | £’000 | £’000 | £’000 | |
| Assets | |||||
| Non-current assets | |||||
| Intangible assets | 711 | 733 | 1,403 | 1,299 | 1,585 |
| Property, plant and equipment | 5,107 | 5,370 | 5,820 | 6,385 | 6,605 |
| 5,818 | 6,103 | 6,863 | 7,684 | 8,190 | |
| Current assets | |||||
| Inventories | 2,184 | 1,435 | 2,332 | 3,034 | 3,021 |
| Trade and other receivables | 2,957 | 2,200 | 1,888 | 4,127 | 3,738 |
| Cash and short term deposits | 6,403 | 9,157 | 14,038 | 13,143 | 14,626 |
| 11,544 | 12,792 | 18,258 | 20,304 | 21,385 | |
| Total assets | 17,362 | 18,895 | 25,121 | 27,988 | 29,575 |
| Equity and liabilities | |||||
| Current liabilities | |||||
| Trade and other payables | 1,055 | 1,080 | 591 | 962 | 1,446 |
| Derivative financial liabilities | 92 | 16 | — | 21 | 7 |
| Provisions | — | — | 582 | — | — |
| Accruals | 560 | 551 | 376 | 499 | 767 |
| Government grants | — | 26 | 27 | — | — |
| Tax liabilities | — | 121 | — | 192 | 13 |
| 1,707 | 1,794 | 1,576 | 1,674 | 2,233 | |
| Non-current liabilities | |||||
| Government grants | — | — | — | — | 15 |
| Deferred tax liabilities (net) | 468 | 336 | 480 | 516 | 562 |
| 468 | 336 | 480 | 516 | 577 | |
| Total liabilities | 2,175 | 2,130 | 2,056 | 2,190 | 2,810 |
| Net assets | 15,187 | 16,765 | 23,065 | 25,798 | 26,765 |
| Capital and reserves | |||||
| Equity share capital | 102 | 114 | 160 | 160 | 160 |
| Share premium | 8,884 | 8,994 | 8,994 | 8,994 | 8,994 |
| Capital redemption reserve | 58 | 46 | — | — | — |
| Retained earnings | 6,033 | 7,611 | 13,911 | 16,644 | 17,611 |
| Total equity | 15,187 | 16,765 | 23,065 | 25,798 | 26,765 |