REG-Transdermal Cosmetics Plc: Interim Results for the Period ended 29 February 2008
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REG-Transdermal Cosmetics Plc: Interim Results for the Period ended 29 February 2008. 31 July 2008 Transdermal Cosmetics Plc Unaudited Interim Results for the Period ended 29 February 2008 Transdermal Cosmetics Plc ("the Company") today announces its interim results for the period ended 29 February 2008. CHAIRMAN'S STATEMENT The Chairman presents his statement for the period. Review of activities The Company was admitted to PLUS Markets on 3 December 2007 and had its shares admitted for trading on the Deutsche Borse on 21 December 2007. Financial Overview For the period from incorporation on 15 October 2007 to 29 February 2008 the Company made a loss of �487,000. A large part of this loss totalling �198,000, is attributed to the cost of the listings. Outlook The Directors continue to view the future with confidence. S. Holland Chairman PROFIT AND LOSS ACCOUNT For the period ended 29 February 2008 Period ended 29 February 2008 (unaudited) �'000 Turnover 0 Cost of Sales 0 Gross (Loss) 0 Administrative expenses (289) Exceptional Items (198) Operating (Loss) (487) Interest (Payable) / 0 Receivable (Loss) on Ordinary Activities before Taxation (487) Taxation 0 (Loss) on Ordinary Activities after (487) Taxation BALANCE SHEET as at 29 February 2008 (unaudited) (unaudited) �'000 �'000 ASSETS Fixed Assets Intangible fixed assets 1,274 Tangible fixed assets 5 1,279 Current assets Prepaid Media and booking fee 24,750 Stock in hand 127 Cash at bank 9 Other Sundry Debtors and prepayments 53 24,939 TOTAL ASSETS 26,218 LIABILITIES Capital & Reserves Share Capital 122 Share Premium Account 7,187 Retained (487) Earnings Total Shareholders' Equity 6,822 Non current liabilities Convertible Loan Notes 15,350 Creditors: Amounts falling due within one year Loans 50 3,150 Amounts owed to Group companies 448 Creditors 250 Accruals 198 4,046 TOTAL LIABILITIES 26,218 Interim Financial Information The unaudited Interim Financial Information, which is the responsibility of the Directors and was approved by them on 28 July 2008, does not constitute statutory accounts within the meaning of Section 240 of the Companies Act 2005. THESE RESULTS HAVE NOT BEEN AUDITED NOR HAVE THEY BEEN REVIEWED BY THE COMPANY'S AUDITORS. Copies of this Interim Statement are available from the Company at its registered office, for a period of one month, free of charge. The Directors of the Company accept responsibility for this announcement. --END-- For further information please contact: Transdermal Cosmetics Plc David Kingsnorth CFO +44 (0) 20 7209 0033 Atlantic Law Llp Andrew Greystoke +44 (0) 20 7616 2888 Shalina Jinnah END nPRrV6679a
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