Analytical NanoTechnologies (UK) plc
LSE : ANAP

July 31, 2009 04:56 ET

Interim Results to 30 April 2009

ANTNANO PLC
INTERIM FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED 30 APRIL 2009


AntNano  Plc ("ANTnano", or "the Company"), the emerging developer of highly-advanced detection equipment  with
applications  in  the industrial hygiene, medical and homeland security sectors, announces its Interim  Results
for  the  6  months  ended 30th April, 2009. The figures below are unaudited but have  been  reviewed  by  your
company's auditors, RMT, before being released.


Financial Highlights (compared to previous 6 month period ending Oct 2008)

- Sales increase to GBP 245,688 (2008: GBP 121,535)

- Other operating income was GBP 155,204 (2008: GBP 246,333)

- Providing total income of GBP 400,892 (2008: GBP 367,868)

- Loss after interest of GBP 566,453 (2008: 878,350); in-line with Board's expectations

-Basic and diluted loss per share (0.017)p (2008: (0.038)p)

Key Achievements

-  Successful Private Placing of 580,498 Ordinary shares with Singapore Investment group, Nanotech Ventures Pte
Ltd at 22p per share realisng GBP 127,709.

-Successful  Private  placing  of Ordinary shares to Sunderland University, at 17p  per  share,  realising  GBP
67,568.67


Mr Joe Arend, Chairman, said:

"I  am  pleased to report excellent progress and results in-line with the Board's expectations. During the  six
month period under review the company continued to increase sales, is expanding its workforce in Singapore  and
because of our substantial grant has been able to implement a significant cost reduction programme. Dr Syms  is
stepping down at this time from his position as CEO to be able to focus on enhancing shareholder value  through
one of our key investor groups. We wish him well for the future. "

Dr  Allan  Syms, Chief Executive, said: "I am pleased that the company has made real progress in  bringing  its
products  to  market. We have continued to receive support from our shareholders which enables the  company  to
deal  with  the difficult economic conditions at present. My departure as CEO at this time is to enable  me  to
focus on further supporting the company from within side one of our key investor groups"


CHAIRMAN'S STATEMENT

The  company recorded sales of products and service items amounting to GBP 245,688 with other operating  income
of  GBP  155,204  providing  total income of GBP 400,892. This produced a loss on ordinary  activities  of  GBP
566,453  and is in line with the company's expectations for the period as a whole. This represents a  loss  per
share of 0.017 pence.

In early 2008, it became apparent that the availability of investment funds needed to finance the company would
be  interrupted  by the lack of available finance from banks and institutions. As a result the company  decided
not  to  proceed  with  a  planned  flotation  on AIM in 2008 due  to  the  market  conditions  at  that  time.
Strategically,  we  decided  to concentrate on the following key components to take  the  company  through  the
current recession and into a major fundraising and possible IPO in 2010:

    1)  The company focussed on sales which resulted in a doubling in product revenue compared to the previous
        6 months ending October 2008. The company has also established pipeline orders with Johnson Diversey and
        McBrides.
        
    2)  The company continued to raise working capital from our shareholders which has raised GBP 263,000 and
        is currently in the middle of a further private placing of GBP500,000 with positive initial interest.

    3)  We have introduced a cost reduction programme which has resulted in annualised savings of GBP300,000
        in the current period. This is because we are now utilising the significant grant support received from the
        Singapore Economic Development Board. Headcount in the company has increased overall as we recruit scientists
        in Singapore.

In  a difficult financial climate, your company has re-focussed to account for changed operating conditions and
we believe that the benefits will be noticeable as the global economy starts to gain momentum in the future.

J. V. Arend - Chairman and CEO
31 July 2009

The Directors of the Issuer accept responsibility for this announcement.


FOR FURTHER INFORMATION PLEASE CONTACT:

Joe Arend, Chairman and CEO
AntNano Plc
Tel: 01740 625283

Jon Isaacs
Alfred Henry Corporate Finance Limited
Tel: 020 7251 3762
FOR:  ANTNANOPLC

Editor's Notes:

1.  ANTnano  products  provides the precise detection of minute discharges into  the  environment  of  airborne
contaminates, including explosive residues (such as dynamite); biomedical elements (viruses and bacteria); and,
biochemicals (enzymes and estrogens);

2. ANTnano is based in Sedgefield, U.K. and Singapore.

Issued by: AntNano Plc, Thomas Wright Way, Netpark, Sedgefield, TS21 3FD.



CONSOLIDATED PROFIT AND LOSS ACCOUNT
FOR THE SIX MONTHS ENDED 30 APRIL 2009
                                                                          6 months ended       Year ended
                                                                            30 April           31 October
                                                                               2009               2008
                                                              Notee          Unaudited           Audited
                                                                                GBP                GBP


TURNOVER                                                                        245,688           319,364

Cost of sales                                                                  (227,336)         (499,017)
                                                                                -------           -------
GROSS PROFIT/(LOSS)                                                              18,352          (179,653)

Administrative expenses                                                        (665,612)       (1,839,994)
Other operating income                                                          155,204           322,226
                                                                                -------         ---------
Operating loss                                                   4             (492,056)       (1,697,421)

Interest payable and other similar
charges                                                                         (74,397)         (161,780)
                                                                                -------         ---------
Loss on ordinary activities before
taxation                                                                       (566,453)       (1,859,201)

Tax on loss on ordinary activities                                                 -                 -

Loss    attributable    to    minority    interest                               12,807            13,560
                                                                                -------         ---------
Retained loss on ordinary activities                                           (553,646)       (1,845,641)
                                                                                =======         =========
Basic and diluted loss per share                                                (0.017)p         (0.064)p


There were no recognised gains or losses other than the loss for each of the periods shown above.


CONSOLIDATED BALANCE SHEET
FOR THE SIX MONTHS ENDED 30 APRIL 2009

                                                                 Notes        30 April 2009     31October 2008
                                                                                Unaudited          Audited
                                                                                   GBP               GBP


Fixed assets

Intangible assets                                                                1,383,650        1,636,187
Tangible assets                                                                    594,363          693,989
                                                                                 ---------        ---------
                                                                                 1,978,013        2,330,176
                                                                                 ---------        ---------
Current assets

Debtors                                                                            323,647          169,849
Cash at bank and in hand                                                               -              8,623
                                                                                 ---------        ---------
                                                                                   323,647          178,472
CREDITORS:  amounts falling due
within one year                                               2                 (1,413,046)      (1,382,817)
                                                                                 ---------        ---------
NET CURRENT LIABILITIES                                                         (1,089,399)      (1,204,345)
                                                                                 ---------        ---------
TOTAL ASSETS LESS CURRENT
LIABILITIES                                                                        888,614        1,125,831

CREDITORS: amounts falling due
after more than one year

Other loans                                                                       (591,091)        (643,228)
                                                                                 ---------        ---------
                                                                                   297,523          482,603
                                                                                 =========        =========
CAPITAL AND RESERVES

Called up share capital                                                            346,172          320,335
Share premium account                                                            3,560,632        3,205,097
Profit and loss account                                                         (3,582,914)      (3,029,269)
                                                                                 ---------        ---------
                                                            3                      323,890          496,163
Minority interests                                          3                      (26,367)         (13,560)
                                                                                 ---------        ---------
                                                                                   297,523          482,603
                                                                                 =========        =========
CONSOLIDATED CASH FLOW STATEMENT
FOR THE SIX MONTHS ENDED 30 APRIL 2009

                                                                       30 April 2009          31 October 2007
                                                                         Unaudited                Audited
                                                       Note          GBP          GBP         GBP        GBP
   

Net cash (outflow)/ inflow from operating
activities                                              5                     (322,723)                107,364

Returns on investments and servicing of
finance
Bank interest paid                                               (6,013)                    (29,282)
Finance lease interest                                          (68,384)                   (132,498)
                                                                 ------                     -------
Net cash outflow from returns on investments
and servicing of finance                                                       (74,397)               (161,780)
                                                                               -------                 -------
                                                                              (397,120)                (54,416)

Capital Expenditure
Payments to acquire intangible assets                             (435)                      (6,821)
Payments to acquire tangible assets                                  -                       (1,880)
VAT recovered on financed assets                                     -                     (110,149)
Receipts from the sale of tangible fixed assets                      -                           -
Transferred to financed assets                                       -                       18,000
                                                                 ------                     -------
Net cash outflow from capital expenditure                                        (435)                (100,850)
                                                                              -------                  -------
                                                                             (397,555)                (155,266)
Acquisitions and disposals
Purchase of shares in subsidiary undertaking                                      -                   (220,000)
                                                                              -------                  -------
Net cash outflow before financing                                            (397,555)                (375,266)
Financing
New long term loans                                             60,000                          -
Repayment of loan                                                    -                      (4,583)
Capital element of hire purchase repayments                   (52,137)                    (123,815)
Share capital and premium raised                               381,372                     357,259
                                                               -------                     -------
Net cash inflow from financing                                                389,242                  228,861
                                                                              -------                  -------
Decrease in cash in the year                                                   (8,313)                (146,405)
                                                                              =======                  =======

                                                       

NOTES TO THE FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED 30 APRIL 2009


1.   ACCOUNTING POLICIES

a.   The  company  has prepared these interim results on the basis of the accounting policies adopted  for  the
     year ended 31 October 2008 as set out in the Company's annual report and accounts.

b.   The  unaudited  financial  information set out in this interim statement  does  not  constitute  statutory
     accounts within the meaning of Section 240 of the Companies Act 1985.  The accounts for the year ended  31
     October 2008 have been extracted from the statutory accounts filed with the Registrar of Companies;

c.   The  financial statements have been prepared on a going concern basis, the validity of which depends  upon
     the  continued  support  of  the  group shareholders and external providers  of  finance.   The  financial
     statements do not include any adjustments that would result from the failure to obtain such support.

d.   Earnings  per  share are calculated on the weighted average number of ordinary shares  in  issue  in  each
     period, as follows:-
                                                                               Weighted
                                                                            average number       Per share
                                                              Earnings        of shares            amount
                                                                GBP                                pence
     12 months to 31 October 2008                          (1,845,641)         28,776,398         (0.064)
                                                            =========          ==========          =====
     6 months to 30 April 2009                               (556,646)         33,523,642         (0.017)
                                                            =========          ==========          =====
2.   CREDITORS

     At  the year end approximately GBP87,000 was held as cash in respect of shares that were issued subsequent
     to the period end

3.   RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS' FUNDS

     The Group
                                                                                    30 April        31 October
                                                                                       2009              2008
                                                                                     Unaudited         Audited
                                                                                        GBP             GBP

      Loss  for  the  financial period                                               (566,453)      (1,859,201)
      Issue of shares                                                                  25,837           67,602
      Premium   on   issue  (net  of  costs)                                          355,536          706,502
                                                                                      -------        ---------
                                                                                     (185,081)      (1,085,097)

      Shareholders' funds at 1 November 2008                                          482,603        1,567,700
                                                                                      -------        ---------  
      Shareholders' funds at 30 April 2009                                            297,523          482,603
                                                                                      =======        =========
                                                       


4.   RECONCILIATION OF OPERATING LOSS TO
     NET CASH OUTFLOW FROM OPERATING ACTIVITIES

                                                                                 30 April        31 October
                                                                                    2009            2008
                                                                                 Unaudited        Audited
                                                                                    GBP             GBP


     Operating loss                                                                (492,056)    (1,697,421)
     Depreciation                                                                   100,061        186,699
     Amortisation of intangible assets                                              252,537        493,898
     (Increase)/decrease in debtors                                                (153,798)       (76,285)
     (Decrease)/increase in creditors                                               (29,467)       795,364
     Shares issued for services                                                         -          249,559
                                                                                    -------      ---------
     Net cash outflow from operating activities                                    (322,723)      (113,250)
                                                                                    =======      =========

5.   ANALYSIS OF CHANGES IN NET DEBT


                                                  At 1                           Other          At 30
                                                November                       Non-cash         April
                                                  2008          Cashflow        changes          2009
                                                  GBP              GBP            GBP            GBP
                                                                                               
    Cash at bank                                  8,623         (8,623)                           -
    Bank overdraft                             (246,445)           310             -          (246,135)
                                                -------          -----          ------         ------- 
                                               (237,822)        (8,313)            -          (246,135)
                                                                                                          
    Loan due within one year                      -            (60,007)            -           (60,007)
    Finance leases                             (785,636)         2,137             -          (733,499)
                                                -------         ------          ------         -------
                                               (785,636)        (7,890)            -          (793,506)
                                                                                                           
    Net debt                                 (1,023,458)       (16,183)            -        (1,039,641)
                                              =========         ======          ======       =========
                                                                                                           


6.   RELATED PARTIES

     During  the  period the company recharged expenses to ROAR Particles Limited, amounting to GBP 85,293.  At
     the  period  end, included within debtors was a balance amounting to GBP 22,122, due from  ROAR  Particles
     Limited. ROAR Particles Limited is related due to common directors; J.V. Arend and Dr F Rowell.



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