Business
Interim Results - six months
Interim Results - six months.
About this update from Palace Capital Plc
[{"type":"text","content":"\n RNS Number : 2542B Leo Insurance Services PLC 23 October 2009 \n \n23 October 2009\n\nLeo Insurance Services Plc\n(\"Leo\", the \"Company\" or the \"Group\")\n\nInterim results for the six months ended 31 July 2009\n\nCHAIRMAN'S STATEMENT\n\nIn the half year to 31 July 2009 the Group made a consolidated loss of £26,330 (2008: loss of £15,078).\n\nLeo's single investment is a 50 per cent. share in Grafton Insurance Services Limited a brokerage specialising in property insurance where the main asset continues to be its long term contract with Safeland Plc.\n\nThe Board continues to search for growth both organically and via acquisitions.\n\nLG Lipman\nChairman\n22 October 2009\n\n\nCONSOLIDATED INCOME STATEMENT\nfor the six months ended 31 July 2009\n\n\n\n\n\n\n\n\n\nNotes\n\n\n\n\n\n6 months ended\n31 July\n2009\n(unaudited)\n £\n\n\n6 months\nended\n31 July\n2008\n(unaudited)\n£\n\n\n12 months\nended\n31 January \n2009\n(audited)\n£\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nRevenue\n\n\n\n\n\n\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCost of sales\n\n\n\n\n\n\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nGROSS PROFIT\n\n\n\n\n\n\n\n\n-\n\n\n-\n\n\n-\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nAdministrative expenses\n\n\n\n\n\n\n\n\n(38,569)\n\n\n(45,831)\n\n\n(85,837)\n\n\n\n\n\n\n\n\n\n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nOPERATING LOSS\n\n\n\n\n\n\n\n\n(38,569)\n\n\n(45,831)\n\n\n(85,837)\n\n\n\n\n\n\n\n\n\n\n\n...