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Three's A Crowd plc (TACP)

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Friday 27 March, 2009

Three's A Crowd plc

UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEM...





                         Three's A Crowd Plc
                ("Three's A Crowd" or "The Company")

UNAUDITED INTERIM CONSOLIDATED FINANCIAL STATEMENT FOR THE SIX MONTHS
TO 30 NOVEMBER 2008

Highlights:


  * Consolidated loss of £93,367 for the six months ended 30 November
    2008 (30/11/2007: loss of £110,566)

I am delighted to present the Interim results for Three's A Crowd
(PLUS: TACP).

The six months to 30 November 2008 involved a reflection of what our
company was able to achieve in the next 12 months with the
infrastructure it had inherited from its introduction to PLUS and the
collapse of the economy.

As a result, we undertook a restructuring of the Board, staff and
premises, as a first step to streamlining the business.

We have had to  source new areas of  sponsorship and revise our  core
business models to move forward successfully. We now have an exciting
network to draw from.

I would like to take this opportunity to thank our shareholders and
staff for their continued support.


Mark Emms
Chief Executive


THREE'S A CROWD PLC
Interim unaudited consolidated financial statements for the six
months ended 30 November 2008.

Unaudited Consolidated Profit & Loss Account


                                  Unaudited    Unaudited    Audited
                                 Period ended Period ended Year ended
                                 30 November  30 November    31 May
                                     2008         2007        2008
                                    £'000        £'000       £'000

                                           84          115        381
Turnover
                                         (77)         (69)      (283)
Cost of sales

Gross profit                                7           46         98

                                        (230)        (157)      (347)
Administration expenses
Exceptional item - Share based
payment                                   129            -      (190)
charge
Total administration expenses           (101)        (157)      (537)
Loss on ordinary activities              (94)        (111)      (439)
before taxation
Other income:                               1            -          5
Bank interest receivable
Taxation                                    -            -          -

Loss on ordinary activities              (93)        (111)      (434)
before
taxation
Loss attributable to Parent              (91)        (111)      (434)
Minority Interest                         (2)            -          -
                                      (0.12)p       (0.4)p    (1.01)p
Basic diluted loss per share
Diluted loss per share                (0.12)p       (0.3)p    (1.01)p



THREE'S A CROWD PLC
Unaudited Interim consolidated financial statements for the six
months period ended 30 November 2008.

Unaudited Consolidated Balance Sheet as at 30 November 2008


                                      Unaudited    Unaudited  Audited
                                        As at        As at     As at
                                      30 November 30 November 30 May
                                         2008         2007      2008
                                        £'000        £'000     £'000

Fixed assets
Goodwill                                      115          74     109

Plant and equipment                            11           4      10

Total fixed assets                            126          78     119
Current assets
Debtors                                        51          78      67
Cash at bank                                   18         326     126
Total Current Assets                           69         404     193

Creditors: amounts falling due
within one                                  (118)        (71)    (89)
year
Net Current (Liabilities)/Assets             (49)         333     104
Total Assets less Current Assets               77         412     223
Capital & Reserves
Share capital                                 390         353     353
Share premium                                 153         216     115
Minority interest                             (2)           -       -
Share based payment reserves                   61           -     190
Profit & loss account                       (525)       (157)   (435)

Total Shareholders' Funds                      77         412     223



THREE'S A CROWD PLC
Unaudited Interim financial statements for the six months period
ended 30 November 2008.

Notes

1. The financial information contained in this statement does not
constitute statutory accounts as defined in section 240 of the
Companies  Act 1985. These statements, which are unaudited, have been
prepared under the historical cost convention. The financial
information has not been reviewed by the Company's auditor.

2. The basic loss per share is based on a loss of £91,547 and on
75,591,973 of weighted   average ordinary shares in issue during the
six months to 30 November 2008. The calculation of diluted earnings
per share assumes conversion of all potentially dilutive ordinary
shares, all of which arise from share warrants and options.

3. Dowgate Capital Stockbrokers Ltd, the Company's broker, exercised
7,500,000 warrants at 1p on 8 August 2008, resulting in an increase
in the Company's ordinary shares in issue to 78,064,500 as at 30
November 2008 (30/11/2007: 70,564,500).

4. Copies of the statement will be despatched to shareholders. A copy
will also be placed on the Company's website:
www.3sacrowdcorporate.com. Copies of this announcement are available
from: Fisher Corporate Plc, Acre House, 11-15 William Road, London
NW1 3ER.

The directors of the issuer accept responsibility for this
announcement.

Note to editors:
Three's A Crowd plc (PLUS: TACP) was floated on PLUS markets in
November 2007. The company is an organiser of charity and corporate
events and operates an online lifestyle portal, www.3sacrowd.com.


CONTACT DETAILS:
COMPANY:
Mark Emms                  Tel: 020 7242 6163
Three's A Crowd plc.

CORPORATE ADVISOR:
Gary Miller                    Tel: 020 388 7000
Fisher Corporate Plc

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This announcement was originally distributed by Hugin. The issuer is 
solely responsible for the content of this announcement.




                                                                                                                                                                                                                                

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