Downing Plan VCT 6 Downing Planned Exit VCT 6 PLC -2-
28 Septembre 2012 - 12:02PM
UK Regulatory
145 (506) (361) 123 46 169 (372)
---------------------- --------------------- -------
Return per Ordinary Share 1.6p (5.7p) (4.1p) 1.4p 0.5p 1.9p (4.2p)
Return per 'A' Share - - - - - - -
A Statement of Total Recognised Gains and Losses has not been prepared as all
gains and losses are recognised in the Income Statement as noted above.
RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS
for the six months ended 31 July 2012
31 Jul 31 Jul 31 Jan
2012 2011 2012
GBP'000 GBP'000 GBP'000
Opening Shareholders' funds 6,775 7,406 7,406
Purchase of own shares (67) (65) (81)
Distributions paid (178) (180) (178)
Total recognised gains/(losses) for the period (361) 169 (372)
-------- -------- -------
Closing Shareholders' funds 6,169 7,330 6,775
-------- -------- -------
UNAUDITED CASH FLOW STATEMENT
for the six months ended 31 July 2012
Six Six
months months Year
ended ended ended
31 Jul 31 Jul 31 Jan
2012 2011 2012
Note GBP'000 GBP'000 GBP'000
Cash inflow/(outflow) from operating activities and
returns on investments
1 68 32 153
-------- -------- -------
Taxation
Corporation tax paid - - (53)
Capital expenditure
Purchase of investments (25) (247) (587)
Proceeds from sale of investments 486 353 852
-------- -------- -------
Net cash inflow/(outflow) from capital expenditure 461 106 265
-------- -------- -------
Equity dividends paid (178) (180) (178)
-------- -------- -------
Net cash outflow before financing 351 (42) 187
Financing
Repurchase of own shares (66) (65) (81)
-------- -------- -------
Net cash outflow from financing (66) (65) (81)
-------- -------- -------
Decrease in cash 2 285 (107) 106
-------- -------- -------
Notes to the cash flow statement:
1 Cash inflow from operating activities and returns on investments
Net revenue before taxation (315) 212 (367)
(Gains)/losses on investments 506 (46) 375
(Increase)/decrease in other debtors (100) (122) 145
Increase in other creditors (16) 27 2
Decrease in amounts due to subsidiary undertaking (7) (39) (2)
-------- -------- -------
Net cash inflow/(outflow) from operating activities 68 32 153
-------- -------- -------
2 Analysis of net funds
Beginning of period 244 138 138
Net cash outflow 285 (107) 106
-------- -------- -------
End of period 529 31 244
-------- -------- -------
SUMMARY OF INVESTMENT PORTFOLIO
as at 31 July 2012
Unrealised % of
gain/(loss) portfolio
Cost Valuation in period by value
GBP'000 GBP'000 GBP'000
Qualifying investments
Cadbury House Limited 1,300 1,417 - 23.1%
Hoole Hall Country Club Holdings Limited 750 818 - 13.4%
Complete Childcare Limited 665 753 33 12.3%
West Tower Holdings Limited 1,150 750 - 12.2%
Hoole Hall Spa & Leisure Club Limited 563 613 - 10.0%
The Thames Club Limited 1,075 455 - 7.4%
Coast Constructors Limited 932 125 (514) 2.0%
Future Films Production Services Limited 128 - - 0.0%
---------------------------------------
6,563 4,931 (481) 80.4%
---------------------------------------
Non-qualifying investments
Snow Hill Developments LLP 250 250 - 4.1%
The Meredith Pub Group Limited 166 166 - 2.7%
Fenkle Street LLP 46 46 - 0.8%
Vermont Developments Limited 451 25 - 0.4%
Aminghurst Limited 208 - - 0.0%
The Thames Club Limited 25 - (25) 0.0%
---------------------------------------
1,146 5,418 (25) 8.0%
---------------------------------------
Total 7,709 (506) 88.4%
------- -------------
Cash at bank and in hand 714 11.6%
----------- -----------
Total investments 6,132 100.0%
----------- -----------
SUMMARY OF INVESTMENT MOVEMENTS
for the six months ended 31 July 2012
Additions
Non-qualifying investments GBP'000
The Thames Club Limited 25
--------
25
--------
Disposals
Gain/(loss)
Cost Proceeds Gain/(loss) in period
Non-qualifying investments GBP'000 GBP'000 GBP'000 GBP'000
Kings Gap Group Limited 400 400 - -
Sanguine Hospitality Limited 50 50 - -
The Meredith Pub Group Limited 36 36 - -
------- ---------- ----------- ----------
486 486 - -
------- ---------- ----------- ----------
NOTES TO THE UNAUDITED FINANCIAL STATEMENTS
1. The unaudited half-yearly results cover the six months to 31 July 2012 and
have been prepared in accordance with the accounting policies set out in the
statutory accounts for the year ended 31 January 2012 which were prepared under
UK Generally Accepted Accounting Practice ("UK GAAP") and in accordance with the
Statement of Recommended Practice "Financial Statements of Investment Trust
Companies" revised January 2009 ("SORP").
2. All revenue and capital items in the Income Statement derive from continuing
operations.
3. The Company has only one class of business and derives its income from
investments made in shares, securities and bank deposits.
4. Net asset value per share has been calculated on 8,771,450 Ordinary Shares
and 13,442,867 'A' Shares, being the shares in issue at the period end.
5. Return per share for the period has been calculated on 8,834,988 Ordinary
Shares and 13,442,867 'A' Shares, being the weighted average number of shares in
issue during the period.
6. Dividends
31 Jul 2012 31 Jan 2012
Revenue Capital Total Total
GBP'000 GBP'000 GBP'000 GBP'000
Paid in year
2012 Final - 178 178 178
----------- ----------- --------- ----------
7. Reserves
Capital redemption Capital
reserve
Special Revenue Revaluation reserve
reserve reserve reserve
Downing P.E.6 (LSE:DPV6)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Downing P.E.6 (LSE:DPV6)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Downing P.E.6 (London Stock Exchange): 0 recent articles
Plus d'articles sur Downing P.E.6