Five Year Statement
Consolidated statement of comprehensive income
For the five years ended 30 September 2016 to 2020.
| 2020 | 2019 | 2018 | 2017 | 2016 | |
| £’000 | £’000 | £’000 | £’000 | £’000 | |
| Group revenue | 12,680 | 20,104 | 22,288 | 22,892 | 21,087 |
| Cost of sales | (10,130) | (13,311) | (14,047) | (13,481) | (12,071) |
| Cost of sales excluding exceptional items | (9,015) | (13,311) | (14,047) | (13,481) | (12,071) |
| Exceptional items | (1,115) | – | – | – | – |
| Gross profit | 2,550 | 6,793 | 8,241 | 9,411 | 9,016 |
| Distribution costs | (196) | (350) | (461) | (393) | (378) |
| Administration expenses | (3,318) | (3,462) | (3,639) | (3,591) | (4,365) |
| Administration expenses excluding exceptional items | (3,060) | (3,462) | (3,639) | (3,591) | (4,365) |
| Exceptional items | (258) | – | – | – | – |
| Group trading (Loss)/profit | (964) | 2,981 | 4,141 | 5,427 | 4,273 |
| Other income | 500 | – | – | – | – |
| Group operation (Loss)/profit | (464) | 2,981 | 4,141 | 5,427 | 4,273 |
| Finance costs | – | – | (21) | (24) | (23) |
| Finance revenue | 41 | 76 | 68 | 10 | 20 |
| (Loss)/Profit before tax | (423) | 3,057 | 4,188 | 5,413 | 4,270 |
| Tax credit/(expense) | 129 | (366) | (541) | (825) | (183) |
| (Loss)/Profit for the year | (294) | 2,691 | 3,647 | 4,588 | 4,087 |
| Other comprehensive income | – | – | – | – | – |
| Total comprehensive (Loss)/income | (294) | 2,691 | 3,647 | 4,588 | 4,087 |
| (Loss)/Earnings per share | |||||
| Basic | (1.8p) | 16.8p | 22.7p | 29.0p | 26.6p |
| Diluted | (1.8p) | 16.8p | 22.7p | 28.8p | 26.1p |
| Dividends per share | 0p | 22.8p | 22.8p | 14.7p | 12.3p |
Consolidated statement of financial position
At 30 September 2016 to 2020
| 2020 | 2019 | 2018 | 2017 | 2016 | |
| £’000 | £’000 | £’000 | £’000 | £’000 | |
| Assets | |||||
| Non-current assets | |||||
| Intangible assets | 1,043 | 1,299 | 1,585 | 1,633 | 1,457 |
| Property, plant and equipment | 5,820 | 6,385 | 6,605 | 7,030 | 7,789 |
| 6,863 | 7,684 | 8,190 | 8,663 | 8,846 | |
| Current assets | |||||
| Inventories | 2,332 | 3,034 | 3,021 | 2,996 | 2,760 |
| Trade and other receivables | 1,888 | 4,127 | 3,738 | 3,506 | 3,745 |
| Derivative financial assets | — | — | — | 54 | — |
| Cash and short term deposits | 14,038 | 13,143 | 14,626 | 14,099 | 12,763 |
| 18,258 | 20,304 | 21,385 | 20,655 | 19,268 | |
| Total assets | 25,121 | 27,988 | 29,575 | 29,318 | 28,114 |
| Equity and liabilities | |||||
| Current liabilities | |||||
| Trade and other payables | 591 | 962 | 1,446 | 1,042 | 1,302 |
| Financial liabilities | — | — | — | — | 1,148 |
| Derivative financial liabilities | — | 21 | 7 | — | 959 |
| Provisions | 582 | — | — | — | 205 |
| Accruals | 376 | 499 | 767 | 862 | 834 |
| Government grants | 27 | — | — | — | — |
| Tax liabilities | — | 192 | 13 | 3 | 122 |
| 1,576 | 1,674 | 2,233 | 1,907 | 4,570 | |
| Non-current liabilities | |||||
| Government grants | — | — | 15 | 25 | 48 |
| Deferred tax liabilities (net) | 480 | 516 | 562 | 610 | 260 |
| 480 | 516 | 577 | 635 | 308 | |
| Total liabilities | 2,056 | 2,190 | 2,810 | 2,542 | 4,878 |
| Net assets | 23,065 | 25,798 | 26,765 | 26,776 | 23,236 |
| Capital and reserves | |||||
| Equity share capital | 160 | 160 | 160 | 160 | 154 |
| Share premium | 8,994 | 8,994 | 8,994 | 8,994 | 7,766 |
| Revenue reserve | 13,911 | 16,644 | 17,611 | 17,622 | 15,316 |
| Total equity | 23,065 | 25,798 | 26,765 | 26,776 | 23,236 |