Profit and Loss Account | Balance Sheet | Cash Flow Statement

Consolidated Cash Flow Statement
Year Ended 31 July 2007
		2007 £	2006 As restated £
Reconciliation of operating profit to net cash outflow from operating activities
Operating profit		777,233	1,507,455
Provision for share options		84,864	185,826
Loss on sale of fixed assets		6,000	12,549
Amortisation of intangible assets		1,273,378	170,669
Depreciation of tangible fixed assets		374,224	153,837
(Increase) in debtors		(494,633)	(3,152,909)
(Decrease)/Increase in creditors		(422,416)	212,194
Net cash inflow/(outflow) from operating activities		1,598,650	(910,379)
Cash flow statement	23
Net cash inflow/(outflow) from operating activities		1,598,650	(910,379)
Returns on investments and servicing of finance		86,192	86,841
Taxation		(1,013,719)	(656)
Capital expenditure		(452,570)	(242,549)
Acquisitions		(16,496,016)	(4,136,600)
Financing		15,168,157	7,602,633
(Decrease)/Increase in cash		(1,109,306)	2,399,290
	24
(Decrease)/Increase in cash in the year		(1,109,306)	2,399,290
Cash outflow/(inflow) from decrease/(increase) in lease financing		45,233	(252,394)
Cash outflow from repayment of loans		254,554	143,435
Loans and leases acquired with subsidiaries		-	(153,942)
Change in net funds		(809,519)	2,136,389
Net funds at 1 August 2006		3,916,132	1,779,743
Net funds at 31 July 2007		3,106,613	3,916,132