annual report 2005 - Pumpkin Patch investor relations
annual report 2005 - Pumpkin Patch investor relations
annual report 2005 - Pumpkin Patch investor relations
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Pumpkin</strong> <strong>Patch</strong> Limited & Subsidiaries notes to and forming part of the financial statements<br />
for the 12 months ended 31 July <strong>2005</strong><br />
Property Valuation<br />
The Directors, having taken into consideration purchase offers, independent and government valuations and other known<br />
factors, have assessed the fair value of freehold land to be $3.05million.<br />
12. investments in subsidiaries<br />
The Group’s investments in subsidiaries are as follows:<br />
Interest held by the group<br />
<strong>2005</strong> 2004<br />
Audited By<br />
Torquay Enterprises Limited 100% 100% PricewaterhouseCoopers<br />
<strong>Pumpkin</strong> <strong>Patch</strong> Originals Limited 100% 100% PricewaterhouseCoopers<br />
<strong>Pumpkin</strong> <strong>Patch</strong> (Australia) Pty Limited 100% 100% PricewaterhouseCoopers<br />
<strong>Pumpkin</strong> <strong>Patch</strong> Limited (UK) 100% 100% PricewaterhouseCoopers<br />
<strong>Pumpkin</strong> <strong>Patch</strong> LLC 100% - PricewaterhouseCoopers<br />
<strong>Patch</strong> Kids Limited 100% - PricewaterhouseCoopers<br />
The Catalogue Studio Pty Limited 100% 100% PricewaterhouseCoopers<br />
All subsidiary entities have a balance date of 31 July. <strong>Pumpkin</strong> <strong>Patch</strong> (Australia) Pty Limited and The Catalogue Studio<br />
Pty Limited are incorporated in Australia. <strong>Pumpkin</strong> <strong>Patch</strong> Limited (UK) is incorporated in the United Kingdom. <strong>Pumpkin</strong><br />
<strong>Patch</strong> LLC is incorporated in the United States of America. All other subsidiary entities are incorporated in New<br />
Zealand.<br />
The principal activities of the subsidiaries are:<br />
Torquay Enterprises Limited<br />
<strong>Pumpkin</strong> <strong>Patch</strong> Originals Limited<br />
<strong>Pumpkin</strong> <strong>Patch</strong> (Australia) Pty Limited<br />
<strong>Pumpkin</strong> <strong>Patch</strong> Limited (UK)<br />
<strong>Pumpkin</strong> <strong>Patch</strong> LLC<br />
<strong>Patch</strong> Kids Limited<br />
The Catalogue Studio Pty Limited<br />
Investment Company<br />
Clothing Retailer and Wholesaler<br />
Limited Holding/Administration Functions<br />
Clothing Retailer and Wholesaler<br />
Clothing Retailer<br />
Non trading<br />
Non trading<br />
13. deferred taxation<br />
Group<br />
Parent<br />
31 July <strong>2005</strong><br />
$000<br />
31 July 2004<br />
$000<br />
31 July <strong>2005</strong><br />
$000<br />
31 July 2004<br />
$000<br />
Deferred taxation opening 3,635 446 1,505 167<br />
Prior year adjustment (105) (3) (49) -<br />
On surplus for the period (1,494) 3,192 (379) 1,338<br />
Deferred taxation closing 2,036 3,635 1,077 1,505<br />
41
Change language