Balance sheet at 17. 5.2003

Assets                                
Assets GBP 0.00    
    Current Assets GBP 389.90    
Assets     GBP 389.90

Liabilities        
Liabilities GBP 0.00    
    Accounts Payable GBP 120.00    
Liabilities     GBP 120.00
Unrealized Gains(Losses)     GBP 0.00

Equity        
Equity GBP 0.00    
    Opening Balances GBP 0.00    
Net Profit     GBP 269.90
Total Equity     GBP 269.90

Liabilities & Equity     GBP 389.90