TIDMSHLP 
 
RNS Number : 5948E 
Shellproof Limited 
22 December 2009 
 

Shellproof Limited announces unaudited interim results for the six months ended 
30 September 2009 
 
 
Belize City, Belize, December 22 2009 - Shellproof Limited (London-AIM: SHLP) 
("Shellproof" or the "Company") reported net profit of GBP50,000 for the 6 months 
ended 30 September 2009 (2008 - net profit GBP33,000 for the period 3 March 2008 
(date of incorporation) to 30 September 2008).  Basic and diluted earnings per 
ordinary share for the six months ended 30 September 2009 amounted to 0.63 pence 
(2008 - 0.41 pence for period 3 March 2008 to 30 September 2008). 
 
 
The Company continues its search for investment opportunities in line with its 
stated strategy which includes possible investment in either one or more quoted 
or unquoted businesses that  may have been set up by entrepreneurs with good 
strategic plans and need financial backing and the support of the experienced 
Shellproof management team. 
 
 
Further details are set out in the Company's AIM Admission document dated 25 
April 2008 and on the Company's web site. 
 
 
For further information contact: 
 
 
Shellproof Limited 
Belize +501 223 5989 
UK +44 (0)20 7248 6700 
 
 
Note: This and other press releases are available at the Company's web site: 
 http://www.Shellprooflimited.com. 
 
 
 
 
Income statement 
for the 6 months ended 30 September 2009 (2008 - for the period 3 March 2008 to 
September 30 2008) 
 
 
+-------------------------------------+--------------------+--------------------+ 
|                                     | 1 April 2009 to 30 | 3 March 2008 to 30 | 
|                                     |     September 2009 |     September 2008 | 
+-------------------------------------+--------------------+--------------------+ 
| Summarised income statement         |               GBP000 |               GBP000 | 
| (unaudited)                         |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
|                                     |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Interest income                     |                84  |                88  | 
+-------------------------------------+--------------------+--------------------+ 
| Administrative expenses             |               (34) |               (55) | 
+-------------------------------------+--------------------+--------------------+ 
|                                     |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Net profit before and after         |                50  |                33  | 
| taxation                            |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Earnings per ordinary share (basic  |              0.63  |              0.41  | 
| and diluted) (in pence)             |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
 
 
Balance sheet 
 
 
+-------------------------------------+--------------------+--------------------+ 
|                                     |  30 September 2009 |      31 March 2009 | 
+-------------------------------------+--------------------+--------------------+ 
| Summarised balance sheet            |               GBP000 |               GBP000 | 
| (unaudited)                         |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Current assets                      |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Cash and cash equivalents           |             4,123  |             4,077  | 
+-------------------------------------+--------------------+--------------------+ 
| Other receivables                   |                 6  |                 19 | 
+-------------------------------------+--------------------+--------------------+ 
| Total assets                        |             4,129  |             4,096  | 
+-------------------------------------+--------------------+--------------------+ 
| Current liabilities                 |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Other payables                      |               (26) |              (43)  | 
+-------------------------------------+--------------------+--------------------+ 
| Net assets                          |              4,103 |             4,053  | 
+-------------------------------------+--------------------+--------------------+ 
|                                     |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Shareholders' equity                |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Called up share capital             |             4,000  |             4,000  | 
+-------------------------------------+--------------------+--------------------+ 
| Retained earnings                   |               103  |                53  | 
+-------------------------------------+--------------------+--------------------+ 
| Total shareholders' equity          |             4,103  |             4,053  | 
+-------------------------------------+--------------------+--------------------+ 
 
 
 
 
 
 
Statement of cash flows 
for 6 months ended 30 September 2009 (2008 - for the period 3 March 2008 (date 
of incorporation) to 30 September 2008 
 
 
+-------------------------------------+--------------------+--------------------+ 
| Summarised statement of cash flows  | 1 April 2009 to 30 | 3 March 2008 to 30 | 
| (unaudited)                         |     September 2009 |     September 2008 | 
+-------------------------------------+--------------------+--------------------+ 
|                                     |               GBP000 |               GBP000 | 
+-------------------------------------+--------------------+--------------------+ 
| Operating activities                |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Net cash generated from operating   |                46  |                68  | 
| activities                          |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Financing activities                |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Proceeds from issue of ordinary     |                  - |             4,000  | 
| share capital                       |                    |                    | 
+-------------------------------------+--------------------+--------------------+ 
| Net increase in cash for the period |                46  |             4,068  | 
+-------------------------------------+--------------------+--------------------+ 
| Cash at beginning of period         |             4,077  |                  - | 
+-------------------------------------+--------------------+--------------------+ 
| Cash at end of period               |             4,123  |             4,068  | 
+-------------------------------------+--------------------+--------------------+ 
 
 
 
 
-ENDS- 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 IR FELFWESUSEFE 
 

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