Balance sheets

	At 30 June 2005	At 30 June 2006	At 30 June 2007	At 30 June 2008	At 30 June 2009
	£'000	£'000	£'000	£'000	£'000
Non-current assets
Goodwill	1,333	1,333	1,333	1,333	1,333
Other intangible assets	140	97	81	291	237
Property, plant and equipment	1,504	1,719	2,249	2,142	1,791
Financial assets - available for sale investments	-	-	-	-	-
Deferred tax assets	353	820	4,978	3,353	1,826

	3,330	3,969	8,641	7,119	5,187
Current assets
Trade and other receivables	33,254	48,075	51,533	76,602	75,417
Cash and cash equivalents	32,147	13,745	48,092	68,241	87,416
Financial assets - available for sale investments	9,243	13,352	1,169	1,142	2,382
Current tax assets	-	-	-	25	21

	74,644	75,172	100,794	146,010	165,236

Total assets	77,974	79,141	109,435	153,129	170,423

Current liabilities
Trade and other payables	37,480	57,610	63,976	72,108	75,992
Current tax liabilities	2,524	-	154	10,266	8,997

	40,004	57,610	64,130	82,374	84,989

Net current assets	34,640	17,562	36,664	63,636	80,247

Non-current liabilities
Deferred tax liabilities	2,042	2,882	-	-	-
Trade and other payables	509	665	281	-	-
Provisions	288	515	529	444	784

	2,839	4,062	810	444	784

Total liabilities	42,843	61,672	64,940	82,818	85,773

Net assets	35,131	17,469	44,495	70,311	84,650

Equity
Share capital	172	172	1,897	1,897	1,897
Share premium account	1,733	1,733	8	8	8
Revaluation reserve	4,263	7,149	-	-	(77)
Capital redemption reserve	12	12	12	12	12
Shares held by Employee Benefit Trust	(469)	(19,809)	(7,552)	(9,739)	(10,965)
EBT reserve	-	(63)	12,030	12,053	11,118
Share option reserve	209	914	7,082	6,885	7,577
Retained earnings	29,211	27,361	31,018	59,255	75,150

Total equity, attributable to equity shareholders of the parent	35,131	17,469	44,495	70,371	84,720
Minority interest	-	-	-	(60)	(70)
Total equity	35,131	17,469	44,495	70,311	84,650