Final Results

RNS Number:5802L
Broadstoner Hldgs PLC
27 May 2003


                         BROADSTONER HOLDINGS PLC

  (The entire Ordinary share capital of the Company is held by Sears Limited)

                          PRELIMINARY RESULTS
                FOR THE YEAR ENDED 31ST JANUARY 2003


      Profit and Loss Account for the year ended 31 January 2003


                                                       2003           2002
                                                       #000           #000
       TURNOVER                                           -              -
       OPERATING PROFIT                                   -              -

       Net Interest Payable                               -              -

       PROFIT ON ORDINARY ACTIVITIES                      -              -
       BEFORE TAXATION

       Taxation                                           -              -

       PROFIT ON ORDINARY ACTIVITIES
       AFTER TAXATION                                     -              -

       Dividends on preference shares                  (150)          (150)        

       ATTRIBUTABLE TO EQUITY SHAREHOLDERS             (150)          (150)

       Dividends on ordinary shares                       -              -

       DEDUCTED FROM RESERVES                          (150)          (150)

    

                          PRELIMINARY RESULTS

                    Balance Sheet as at 31 January 2003

                                                       2003            2002 
                                                       #000            #000

       CURRENT ASSETS                  
       Debtors                                       40,955          41,105

       CURRENT LIABILITIES                             
       Accruals                                         (13)            (13) 

       TOTAL ASSETS                                  40,942          41,092 

       CAPITAL AND RESERVES 
       Share Capital (including 
       non-equity interests)                         30,625          30,625
       Share Premium Account                          2,441           2,441
       Profit and Loss Account                        7,876           8,026

       SHAREHOLDER FUNDS (including
       non-equity interests)                         40,942          41,092

The Preliminary statement of results for 2002/03 is an abridged version of the 
Company's audited full accounts and has been agreed with the company's auditors.
The statutory accounts will be filed with the registrar of companies in due 
course.


                    This information is provided by RNS
            The company news service from the London Stock Exchange
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