Highlights 2
Company Information 3
Chairman's Statement 4
Board of Directors 9
Strategic Report 10
Directors' Report 15
Independent Auditor's Report 20
Consolidated Statement of Comprehensive Income 22
Consolidated Statement of Changes in Equity 23
Consolidated Statement of Financial Position 24
Consolidated Statement of Cash Flows 25
Notes to the Financial Statements 26
Company Financial Statements 64Company Balance Sheet 65
Notes to the Financial Statements 66
HIGHLIGHTS PERIOD ENDED 27 MARCH 2015Revenues decreased by 14% (2014 - decreased by 8.3%)
Adjusted loss before finance income and charges, depreciation, exceptional items, amortisation, share option charges and tax of £1,110,277 (2014 - profit of £1,138,940)*
Loss before taxation of £4,383,595 (2014 - Loss of £8,537,680)
Net assets of £1,222,264 (2014 - £2,696,688) following goodwill and intangible impairment of
£448,532 (2014 - £4,498,430)
Gross profit has decreased from 55% to 54%.
Net cash outflow from operating activities of £937,125 after exceptional items. (2014 - Inflow of £191,672)
Administration expenses, before exceptional items, amortisation and share option expenses but including depreciation, increased by 2.8% to £11,087,636 (2014 - £10,784,838)**. Total administration expenses reduced by 30.6% to £12,755,675 (2014 - £18,391,103).
*- Arrived at from taking the Loss before tax, finance income and charges, exceptional items, amortisation and share option charges of £2,378,510 from the Statement of Comprehensive Income and adding back depreciation of £1,268,233
** - As set out on the Statement of Comprehensive Income
COMPANY INFORMATION PERIOD ENDED 27 MARCH 2015M.Stone (Chief Executive Officer)
M. Jackson (Non-Executive Director)
B. Belotserkovsky (Non-Executive Director)
S. Kornienko (Non-Executive Director)
Ravensbury Terrace London
SW18 4RL
Kent ME15 6NF
Kings Wharf
20-30 Kings Road Reading Berkshire
RG1 3EX
Watchmoor Park Camberley Surrey
GU15 3YL
Olympic House
Business Customer Service Centre PO Box 250
Delf House Skelmersdale WN8 6WT
SnackTime plc issued this content on 16 March 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 17 March 2016 13:39:33 UTC
Original Document: http://www.snacktime.com/documents/Snacktime-March-2015-accounts-WITH-SIGNATURES.pdf