![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
White Star | LSE:WSPH | London | Ordinary Share | GB00B55K9809 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2.625 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
RNS Number : 5000Y White Star Property Holdings PLC 08 July 2008 White Star Property Holdings Plc Results for the 6 months to 31 March 2008 Chairman's Statement I'm pleased to announce the unaudited results for the six months ended 31 March 2008 which show a much reduced loss, after taxation, of £113,946 compared with a loss, after taxation, of £644,853 for the corresponding period last year. I am also pleased to report that we have also suceeded in producing our belated audited Report and Accounts for the year ended 30 September 2007 and, I anticipate the restoration in dealing in the ordinary shares of the Company later this week. I believe that, after considerable time and work, your Directors have stabilised the Company such that it is now within a step or two of being in a position to contemplate the seeking of a transaction which could go some way to restoring shareholder value. The next step in this process is the resolution to be proposed at the forthcoming General Meeting, to be held immediately after the Annual General Meeting to be held on the 29th July at 10:00 a.m.the offices of Charles Russell, 8-10 New Fetter Lane, London EC4A 1RS to give authority to your Directors to institute action along the lines I have outlined above. For the first time since I became Chairman of the Company I look to the future with a modest degree of optimism Income Statement for the 6 Months to 31 March 2008 Notes 31/3/08 30/9/07 £ £ Revenue 700,000 - Cost of sales (695,538) (15,000) Gross profit 4,462 (15,000) Administrative expenses (86,548) (401,723) Impairment of listed fixed asset investment - (140,239) Amounts written off other debtors - (76,500) Other operating income 14,000 7,783 Operating loss (68,086) (625,679) Finance income - 1,298 Finance costs (45,860) (20,472) Loss on ordinary activities before taxation (113,946) (644,853) Tax on loss on ordinary activities - - Loss for the financial period (113,946) (644,853) Basic earnings per share (0.04p) (0.21p) Diluted earnings per share (0.04p) (0.21p) Balance Sheet as at 31 March 2008 31/3/08 30/9/07 £ £ Non-Current Assets Investments 273,840 273,840 Current Assets Inventories - 1,795,538 Trade and other receivables 801,550 388,500 Cash and cash equivalents 305 305 801,855 2,184,343 Liabilities (382,298) (1,650,840) Current Liabilities Net current assets 419,557 533,503 Net assets 693,397 807,343 Shareholders Equity Called up share capital - 3,008,095 3,008,095 equity Share premium 295,931 295,931 Share based payment reserve 83,200 453,467 Profit and loss account (2,693,829) (2,950,150) Total shareholders equity 693,397 807,343 Cash Flow Statement 31/03/08 30/09/07 Cash flow from operating activities Loss (113,946) (644,853) Adjustments for Disposal of investments 27,587 Impairment charge - 140,239 Interest expense 45,860 19,174 Decrease in stocks 1,795,538 (23,038) Increase in debtors (413,050) 539,516 Decrease in creditors (1,225,182) (434,505) 89,220 (375,880) Cash flow from investing activities Capital expenditure - (151,466) - (151,466) Cash flow from financing activities Servicing of finance (45,860) (19,174) (45,860) (19,174) Movement in cash and cash 43,360 (546,520) equivalents Cash and cash equivalents at (193,003) 353,517 beginning of period Cash and cash equivalents at (149,643) (193,003) end of period Notes To The Accounts For The Period ACCOUNTING POLICIES Accounting convention The accounts have been prepared under the historical cost convention and in accordance with applicable International Financial Reporting Standards. TURNOVER Turnover comprises proceeds of sales of trading properties and is recognised when the significant risks and returns have been transferred to the buyer. This is generally on unconditional exchange. In some instances payment or completion may occur significantly after exchange. Sales of investments or fixed assets properties, which are not included in turnover, are recognised on the same basis. EARNINGS PER SHARE The basic earnings per share is calculated by dividing the profit for the financial year attributable to shareholders by the weighted average number of shares in issue. The weighted average number of shares were: 31/3/08 30/9/07 Number Number Weighted average number of shares 300,809,500 299,142,833 Basic earnings per share (0.04p) (0.21p) Diluted earnings per share (0.04p) (0.21p) Financial information The financial information set out in this preliminary announcement does not constitute statutory accounts as defined in section 240 of the Companies Act 1985. Other debtors Other debtors include an amount of £400,000 which is due after more than one year. This information is provided by RNS The company news service from the London Stock Exchange END IR ILFFEDSIDIIT
1 Year White Star Property Chart |
1 Month White Star Property Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions