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1、AssetCo plcAnnual report and financial statementsYear ended 30 September 2014Registered number:04966347COMPANY INFORMATIONCompany registration number04966347Registered officeSingleton Court Business ParkWonastow RoadMonmouthMonmouthshireNP25 5JADirectorsTudor Davies(Chairman)Dr Jeff OrdChristopher M
2、illsMark ButcherCompany secretaryTudor DaviesIndependent auditorPricewaterhouseCoopers LLPChartered Accountants and Statutory AuditorsCornwall Court19 Cornwall StreetBirminghamB3 2DTNominated adviser,andArden Partners plccorporate broker125 Old Broad StreetLondonEC2N 1ARRegistrarComputershare Invest
3、or Services PLCPO Box 82The PavilionsBridgewater RoadBristolBS13 8AEWCONTENTSPageChairmans statement1Board of Directors2Strategic report3Directors report5Report of the independent auditor(consolidated financial statements)10Consolidated income statement12Consolidated statement of comprehensive incom
4、e13Consolidated statement of financial position14Consolidated statement of changes in equity15Consolidated statement of cash flows16Notes to the consolidated financial statements17Report of the independent auditor(company financial statements)43Company balance sheet45Notes to the company financial s
5、tatements46AssetCo plclReport and Financial Statements 20141Chairmans statementIntroductionWe are pleased to announce results for the year ended 30 September 2014 showing a 53%improvementin profit over the same period last year.ResultsThe Consolidated Income Statement for the year ended 30 September
6、 2014 shows an Operating profitof 2.6m(2013:1.7m)on Revenues of 14.6m(2013:17.6m)and a Profit before tax of 2.3m(2013:1.3m).The main factors behind the lower Revenues compared with the previous year relate to the completionof our contractual obligations to construct and supply of equipment to four n