Final Results

    RNS Number : 4560X
  Dimension Resources Ld
  27 June 2008
   

    Dimension Resources Limited

    Chairman's Statement

    Year Ended 31 December 2007

    I regret that I remain unable to report positively on progress towards the acquisition of a new business to be combined with the
Company's existing stone quarrying activity. This is despite substantial efforts by the board.

    We had agreed in principle to acquire a diamond mining business operating in South Africa. Unfortunately it proved impossible to obtain
the approval from the South African Reserve Bank to complete this acquisition. Subsequently the Directors looked at a producer of oil for
bio-diesel manufacture. Once more we were unable to complete the acquisition due to matters outside the Company's control, in this case
title to the target's assets.

    We continue to examine projects which can be brought into Dimension for the benefit of shareholders.

    During the year the Company placed ordinary shares to raise £160,000 before expenses. This is being used for working capital and in
particular for due diligence into proposed acquisitions.

    The loss for the year was £84,000 (2006 - £46,000), representing the minimum costs of maintaining the listing on AIM. The increase over
the previous year is due primarily to a payment of £35,000 in respect of legal due diligence on a proposed acquisition.

    Finally, Geoffrey Hoodless has indicated that increased responsibilities at Hoodless Brennan mean that he has to divest himself of other
directorships. He has therefore decided not to offer himself for re-election at the forthcoming Annual General Meeting. I would like to
thank Geoffrey for all his efforts on behalf of Dimension through such a difficult period.


    Brian Moritz
    (Chairman)

    27 June 2008




    DIMENSION RESOURCES LIMITED

 Income statement for the year ended 31 December 2007


                                                            2007           2006
                                                            GBP            GBP


 Turnover                                                        -              - 

 Cost of sales                                                   -              - 
 Gross profit                                                    -              - 
 Administrative expenses                                   (84,466)       (46,095)
 Operating loss                                            (84,466)       (46,095)
 Interest receivable and similar income                         45             36 
 Interest payable and similar charges                            -              - 
 Net loss before taxation                                  (84,421)       (46,059)
 Taxation                                                        -              - 
 Net loss for the year                                     (84,421)       (46,059)





    DIMENSION RESOURCES LIMITED


 Balance sheet at 31 December 2007                       
                                                         
                                              2007             2006
                                               GBP              GBP
                                                         
 ASSETS                                                  
                                                         
 Non-current assets                             91,986           91,986 
 Investments                                    91,986           91,986 
                                                         
                                                         
 Current assets                                 76,722            3,794 
 Trade and other receivables                     1,134            1,085 
 Cash and cash equivalents                      75,588            2,709 
                                                         
                                                         
 Total assets                                  168,708           95,780 
                                                         
                                                         
                                                         
 EQUITY AND LIABILITIES                                  
                                                         
 Shareholders' funds                            48,541          (27,037)
 Called up share capital                     6,868,144        6,799,000 
 Share premium account                      12,023,313       11,932,457 
 Revaluation of investments                   (300,000)        (300,000)
 Profit and loss account                   (18,542,915)     (18,458,494)
                                                         
                                                         
 Current liabilities                           120,167          122,817 
 Trade and other payables                      120,167          122,817 
                                                         
                                                         
 Total equity and liabilities                  168,708           95,780 
                                                         

           DIMENSION RESOURCES LIMITED

 Cash flow statement for the year ended 31 December 2007                    
                                                                            
                                                                   2007         2006
                                                                   GBP           GBP
                                                                            
                                                                            
 CASH FLOWS FROM OPERATING ACTIVITIES                             (87,120)      (8,155)
 Cash absorbed by operations                                      987,165)      (8,190)
 Interest received                                                     45           35 
                                                                            
                                                                            
 CASH FLOWS FROM INVESTING ACTIVITIES                              160,000        8,015
                                                                            
 Loans to/from subsidiary companies                                      -        8,015
 Issue of ordinary shares                                         160,000             -
                                                                                       
                                                                            
 NET INCREASE (DECREASE) IN CASH AND                                        
 CASH EQUIVALENTS                                                   72,880        (140)
                                                                            
 Cash and cash equivalents at the beginning of                              
 the year                                                            2,709        2,849
                                                                            
 Cash and cash equivalents at the end of year                      75,589         2,709
                                                                            


    NOTES

       1  The financial information set out above does not constitute the
          Company's statutory financial statements for the year ended 31
          December 2007, but is derived from those statements. The auditors
          have reported on the financial statements to 31 December 2007 and
          their report was unqualified.
          No dividend is proposed for the year.
 2
       3  The Company's annual report and accounts for the year ended 31
          December 2007 will be posted to shareholders by 27 June 2008. Copies
          will be available at the offices of HB-corporate, 40 Marsh Wall,
          London, E14 9TP.
       4  The Annual General Meeting of the Company will be held at 26 Dover
          Street, London W1S 4NH on Tuesday 5 August 2008 at 11:00 a.m.

    For further information please contact:

    Brian Moritz, Dimension Resources Limited 
    (tel: [phone])

    Gerry Beaney/Colin Aaronson, Grant Thornton UK LLP (Nominated Adviser) 
    (tel: [phone])













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