Themarket probes baseball managers value of jake peavy unravels the shares on AIM is 1.375 pence per share. The company owns2,614,418 shares.Overall losses before tax were £2,151,000 compared with profits before tax of £348,000 in 2007.DividendsNo interim or final dividends have been paid or proposed in the year.Net AssetsThe movement in the shareholders funds from £8,430,000 to £6,277,000 wasattributable to a loss of £2,151,000 during the year. The net assets at theyear end are £1.30 per share, compared with £1.75 per share at 31 December2007. The treasury shares are not entitled to voting rights or dividends.Borrowings and CashflowsYear end borrowings of the company were £2,275,000 (2007: £1,500,000) Cash inhand amounted to £137,000 (2007: £2,084,000).

The borrowings are to fund theacquisition and development projects in progress baseball season tickets . Reduction in the cash balancewas due to the payment for the acquisition of properties jake peavy autographed baseball . The financial information set out herein does not constitute statutoryaccounts within the meaning of Section 240 of the Companies Act 1985 (the"Act") petco park baseball . The financial information in respect of the year ended 31 December2008 is unaudited but has been reviewed and agreed with the Company'sauditors.2 petco park event . Comparative financial information for the 12 months ended 31 December 2007has been extracted from the statutory accounts for the period which havebeen delivered to the Registrar of Companies and upon which the auditorsgave an unqualified report, with no statement under Section 237(2) or (3)of the Act.3. Accounting Policies Basis of AccountingThe financial statements have been prepared under the historical costconvention modified by the valuation of investment properties and in accordancewith applicable United Kingdom Accounting Standards (United Kingdom GenerallyAccepted Accounting Practice) which have been applied consistently (except asotherwise stated) and the Companies Act 1985. The company has not adoptedInternational Financial Reporting Standards (IFRS) until it is required to doso.The consolidated financial statements comprise the financial statements of theCompany and its subsidiary and associate undertakings.

Where a subsidiary isacquired during the period, the profit attributable to shareholders includesonly the profits or losses from the effective date of acquisition baseball tickets . Where asubsidiary has been disposed of during the period, the profit attributable toshareholders includes only profit or losses to the effective date of disposal.The Group's interests in joint ventures are accounted for using the grossequity method jake peavy . Where the company exercises significant influence over certaininvestments, these are treated as associates and the interest is accounted forusing the gross equity method jake peavy autographed baseball . Where the company no longer exercisessignificant influence, these are treated as investments from the date at whichthe ability to exercise significant influence ceased.TurnoverTurnover and operating profit for the period is principally attributable toinvestment property rental, value of development stock and work in progresssold during the period and fees from management contracts.Turnover is derived from activities undertaken in the United Kingdom.Sales are recognised on completion of contracts 4 . Profit / (loss) Per Share The calculation of profit / (loss) per share is based on losses of £2,151,000(2007 - profits of £253,000) and on 4,820,247 (2007 - 4,820,247) ordinaryshares, being the weighted average number of ordinary shares in issue duringthe year 5.