The following is the text only version of the RISCOS Ltd Annual Report 2001. The definitive version of the report is the PDF version, and in the event of any discrepancies the PDF version should be consulted. The page numbers relate to the original printed version. RISCOS Ltd ---------- 2nd Annual Report Year ended 31st January 2001 Contents -------- Managing Directors Report 3 Directors Report 3 Officers 3 Directors Statement of Responsibilities 3 Status 3 Activities 3 Management 3 Employees 4 Membership 4 Data Protection Act 4 Finances 4 Premises 4 Directors Interests 4 A and B Shareholders 4 Loanstock 4 Dividends 4 Charitable & Political Donations 4 Enterprise Investment Scheme 4 Legal Advisors 4 Mission Statement 4 Key Events during the year 5 The future for RISCOS Ltd 5 RISC OS Select 5 RISC OS Internet Suite 6 RISC OS User Survey 6 AMS Sub-Licensees 8 Licensing Scale Charges 9 Income 9 Staffing 9 RISC OS 4 Sales Report 10 RISC OS 4 Sales analysis. 10 Authorised Installers 11 Registered Developers 11 The RISCOS Foundation 11 Foundation Membership 11 Promotional activities 12 Web Site 12 Annual General Meeting 12 Appendices ---------- 1. Administrative details 14 2. Financial Statements Auditors Report 15 Profit and Loss Account 16 Balance Sheet 17 Notes to Financial Statements 18 3. Members list 21 4. Magazine Adverts 22 5. RISC OS Trivia 23 This report was produced on a StrongARM Risc PC using Impression Publisher, Artworks, !Draw and RISC OS 4. Fonts used were Homerton and Frutiger Pictures were taken using a Sony Mavica FD83 Colour Output was via a networked QMS Magicolor 330 with !Printers+ using a PostScript Level 2 Driver at 1200 x 600 dpi The printer has 192MB RAM and a 1GB buffer hard drive. It was printed on Reyprint Color Laser 90 g/m² paper Monochrome versions were produced on a Samsung ML­7000P duplex laser printer at 600 dpi onto DataCopy 80g/m² paper Managing Directors Report ------------------------- During 2000 there have been four key changes that have occurred which have a bearing on the future development potential for RISCOS Ltd :- 1. The availability of 32 bit only ARM processors has been announced by Intel, with the consequent expectation that the continued supply of 26 bit capable processors such as the StrongARM SA110 will probably now be less than a couple of years. 2. Rather than ignoring RISC OS, (as was expected by many people), Pace Micro Technology have instead embarked on a major expansion in their usage of RISC OS. This has followed demand from old customers of Acorn and new customers such as Alba, with the Bush Internet TV. 3. RISCOS Ltd moved from having full-time staff programmers to using contractors for specific projects after May 2000. This move was forced after the resignation of all the software engineers following the election of new Board Members at the AGM in whom none of the staff had any confidence. 4. Whilst sales of RISC OS 4 upgrades have broadly followed expectations (with over 3,000 sold to date), the sales of new computers with RISC OS 4 pre-installed has been considerably less than anticipated. The reasons for this are two fold. Firstly, many bulk users of RISC OS computers either have no need for the enhanced features of RISC OS 4, or else do not wish to go to the expense of testing or installing RISC OS 4 upgrades in bulk when RISC OS 3.7 meets their needs. Secondly expectations for sales of cheap RISC OS machines by the new AMS licensees were grossly over-estimated. Most users are preferring to wait for new faster machines rather than buying cheaper slower machines. The plans for new computers such as the Millipede Imago and MicroDigital Omega and the RiscStation portable have prompted a new surge in interest for RISC OS, but unfortunately all have been dogged by delays and are unlikely to be marketed until Q2 or later this year. XScale based computers are unlikely to be available in quantity until 2002. At present, direct income from RISC OS 4 upgrades and from licensing via its current AMS partners is insufficient to justify RISCOS Ltd developing RISC OS to support the new 32 bit processors as was originally planned. None of the AMS's are willing to finance the cost of 32 bit development on their own and partnerships between competing companies is difficult to achieve. It is now accepted that sales of current RISC OS 4 upgrades is reaching saturation point. A new method of providing ongoing enhancements to the current 26 bit RISC OS 4 has been developed and is outined later in this report. In the future unless suitable funding can be acquired RISCOS Ltd will only be able to justify supporting 26 bit users of RISC OS leaving others to provide support for 32 bit versions of RISC OS. Paul Middleton Managing Director Directors Report ---------------- This report, is the second since the incorporation of RISCOS Ltd and covers the year from 1st February 2000 until 31st January 2001. Officers Company Secretary: Laurence van Someren Managing Director: Paul Middleton Auditors: Owens Thomas Directors Statement of Responsibilities --------------------------------------- As required by company law, the Directors are responsible for the preparation of financial statements which give a true and fair view of the state of affairs of the Company for the year ended 31st January 2001. In preparing the financial statements, suitable accounting policies have been used and applied consistently and reasonable and prudent judgements and estimates have been made. The financial statements are prepared in accordance with applicable accounting standards and on a going concern basis. The Directors are also responsible for ensuring that adequate accounting records are maintained and that there are adequate procedures in place to safeguard the assets of the Company and to prevent fraud and other irregularities. Status ------ The Company is registered as a Private Limited Company limited by shares. Registration number 3694488. It is governed by its Memorandum and Articles of Association. Activities ---------- RISCOS Ltd is primarily involved in the development of the RISC OS Operating System for ARM processor based personal computers, which it licensed from Element 14 Ltd in March 1999. That license has now been acquired by Pace Micro Technology plc to whom RISCOS Ltd pays a royalty for each copy of RISC OS sold directly to end-users or licensed to Authorised Manufacturing Sub-licensees. Management ---------- During 2000 the Company experienced a volatile period with a large number of changes to its Directors. As of 31st January 2001 the Company was managed solely by the Managing Director, without any supporting Board of Directors. The following Directors were in office between 1st February 2000 and 31st January 2001: Executive Director Paul Middleton Managing Director Non-Executive Directors Matthew Bullock resigned 5/5/00 Andrew Rawnsley resigned 5/5/00 Justin Fletcher resigned 5/5/00 Chris Evans resigned 5/5/00 Laurie van Someren Chairman and Co Secretary resigned 5/5/00 re-appointed 12/8/00 as Co Secretary Bernard Bollons resigned 5/5/00 Gareth Dykes Chairman from 5/5/00 until resignation on 2/7/00 Nick Way appointed 5/5/00 but unable to take up post due to illness. Andrew Rawnsley acted as his Alternate Director until 12/8/00. Aaron Timbrell appointed 5/5/00 resigned 23/5/00 Aaron Timbrell re-appointed 15/6/00 resigned 12/8/00 David Holden appointed 2/7/00 as Alternate Director for Gareth Dykes due to his illness resigned 12/8/00 Anil Chabbra resigned as A Director 1/1/00 Richard Nicoll appointed A Director 1/1/00 resigned 24/5/00 No remuneration was paid to the non-executive Directors other than refunds of travelling expenses for attendance at Board Meetings. Employees --------- The Number of Employees in Salary bands during the year was as follows:- £0 - £15,000 2 £15,000 - £19,999 1 £20,000 - £24,999 2 £25,000 - £29,999 1 Membership ---------- A full list of members of RISCOS Ltd is included in Appendix 3. Data Protection Act ------------------- The company is registered with the Data Protection Registrar. Registration Number X408806X. Appropriate information obtained from RISC OS 4 sales and Foundation Memberships, is passed onto companies acting solely within the RISC OS market, under the restrictions of the Data Protection Act. Information is not given, sold, lent or hired to companies for any other purposes. Finances -------- The Statement of Financial Activities and Balance Sheet for the year ended 31st January 2001 together with the Notes to the Accounts, are appended to this Report. Premises -------- The Company has agreements for the use of office accomodation within Pace Micro Technology plc for its Cambridge Office and from Uniqueway Ltd for its Cardiff Office. Directors Interests ------------------- Paul Middleton is a Director of Uniqueway Ltd. Laurence van Someren is a Director of Aleph One Ltd. A and B Shareholders -------------------- Pace Micro Technology plc are beneficial holders of a 19.9% non-dilutable interest in RISCOS Ltd. That shareholding is classified as the A Shares and entitles them to appoint a Director to the Board. They are currently waiving that right. The original RISCOS Ltd development team of Paul Middleton, Justin Fletcher, Matthew Bullock and Andrew Rawnsley are the beneficial holders of the B Shares, and also have the right to appoint one Director to the Board. The B Shareholders own a 10% non-dilutable interest in RISCOS Ltd. Loanstock --------- RISCOS Ltd offered £60,000 of loanstock as part of its original fundraising. £7,000 is currently in issue and is due for repayment in March 2002. A 10% Coupon is payable twice per annum on the loanstock in March and October. Dividends --------- The dividend value of the current shares is as follows:- "A" shares 19.9% "B" shares 10.0% Ordinary shares 70.1% i.e A £1,000 investment in RISCOS Ltd would currently give an entitlement to a 0.467954% share in any dividend declared. The actual dividend value of each ordinary share will depend on the number of shares in issue at any time. However in line with other IT sector companies it is currently felt that no dividends should be paid. This policy will be reviewed annually. Charitable & Political Donations -------------------------------- The Company made no Political or Charitable donations in the year. Enterprise Investment Scheme ---------------------------- The company is registered with the Inland Revenue and has Enterprise Investment Status for the privately held shares in RISCOS Ltd. This enables eligible Investors to recover 20% of the value of their investment as tax relief by completing form EIS3. Investors are also exempt from Capital Gains Tax when they dispose of their shares after 5 years. Legal Advisors -------------- Andrew Bound and Nigel Greenaway of Berry Smith Solicitors in Cardiff have advised on all legal matters throughout the year. Mission Statement ----------------- Events during the year have prevented many of the goals of the original mission statement from being achievable. This has led to a new Mission Statement being developed based on the practicalities of the current situation:- 1. To provide a continued availability and route to market for the 26 bit version of RISC OS 4 originally developed by Acorn Computers. 2. Seek to find licensees for 26 bit versions of RISC OS outside the traditional Acorn markets subject to any non-competitive clauses from Pace. 3. Work with selected printer manufacturers to allow RISC OS users to continue to be able to use the latest printers produced from those manufacturers. 4. Work with Pace to provide the software development tools needed by RISC OS developers to keep up with the latest technology and new components for RISC OS. 5. Work with its Authorised Manufacturing Sub-Licensees (AMS) to support new 26 bit hardware designs and if possible 32 bit designs. Key Events during the year -------------------------- Annual General Meeting May 5th 2000 ----------------------------------- The AGM was held at the Grimstock Country House Hotel, Gilson Road, Coleshill, Birmingham B46 1AJ on Friday 5th May 2000 at 11.00 am Resolutions were passed to reduce the maximum number Directors to 5, including the"A" Director and the "B" Director and to increase the share capital of the Company to £1,000,000 divided into 999,701 Ordinary Shares, 199 "A" Ordinary Shares and 100 "B" Ordinary Shares. The election of Directors was held with Aaron Timbrell, Gareth Dykes and Nicholas Way being elected alongside Paul Middleton as the B Director and Richard Nicoll as the A Director. Approval of the Annual Accounts and appointment of auditors was held over until the EGM to allow the new Board Members to present their plan for the future of the Company. Extraordinary General Meeting August 12th 2000 ---------------------------------------------- The EGM was held at the Grimstock Hotel Country House Hotel on Saturday 12th August 2000 at 11.00 am. At the meeting Resolutions were passed to adopt the Audited Accounts and re-appoint Owens Thomas as Auditors. The members then discussed the proposed Business Plan "The Way Forward" presented by David Holden (Acting Chairman), Andrew Rawnsley (Acting Finance Director), Aaron Timbrell (Development Director) and Nick Way (Finance Director Elect). It was noted that Paul Middleton (Managing Director) had not been involved in the preparation of the plan. The adoption of the proposed plan was to be decided by a vote of confidence in the individual Directors who had prepared the plan. It was clarified following a written motion from Richard Jozefowski that a failure by any member of the Board to receive a majority in the poll in the motion of confidence would be interpreted pursuant to Section 303 of the Companies Act 1985 as an ordinary resolution to remove that particular person as a Director of the Company with immediate effect. All the Directors present (Dave Holden, Aaron Timbrell, Andrew Rawnsley and Paul Middleton) agreed that they would immediately resign as Directors if they failed to receive a vote of confidence. Paul Middleton also confirmed following a question from Glenys Simpson that he was standing for the vote as an Ordinary Director, and would not revert to becoming the "B" shareholders nominated Director in the event of him receiving a vote of no confidence as an Ordinary Director. The Resolutions were consequently put to a poll. The results were as follows:- The vote of confidence in Aaron Timbrell as a Director of RISCOS Ltd failed, and Aaron Timbrell subsequently resigned as a Director of RISCOS Ltd with immediate effect. The vote of confidence in David Holden as a Director of RISCOS Ltd failed, and David Holden subsequently resigned as a Director of RISCOS Ltd with immediate effect. The vote of confidence in Andrew Rawnsley / Nick Way as Alternate Director / Director of RISCOS Ltd failed, and Andrew Rawnsley subsequently resigned as a Director of RISCOS Ltd with immediate effect. The vote of confidence in Paul Middleton as a Director of RISCOS Ltd was passed. In order to abide by Companies House regulations, Laurie van Someren then agreed to take up the position of Company Secretary, but not as a Director. 32 bit software compatability upgrade. In November 2000 RISCOS Ltd and Pace Micro Technology plc released a beta version of the components required for users of the Acorn C/C++ development environment to produce RISC OS programs that will be compatible with future 32-bit only versions of RISC OS. This beta software was released Free of Charge. Further updates followed in February 2001 and a full commercial release is expected Q2 2001. RISCOS Disc Fixer ----------------- RISCOS Ltd expected to release its own disc fixer in May 2000, but with the announcement of the Disc Knight program by the ARM Club, no further work has been done on the RISCOS Ltd version. The future for RISCOS Ltd ------------------------- Under the terms of the original Head Licence Agreement with Element 14, RISCOS Ltd is limited to utilising RISC OS 4 within the desktop computer market. The level of RISC OS 4 sales as upgrades and in new machines, places an approximate size of the future market for further RISC OS 4 related updates at approximately 5000 - 6000 units. The schools market, which was very significant for first time sales to Acorn, is one that traditionally has not been keen to upgrade machines. There has been little success to persuade current RISC OS 3.5 / 3.6 / 3.7 users in schools to buy RISC OS 4 despite the offer to schools of a trial copy for only £69 + VAT. The prime goal in setting up RISCOS Ltd was to allow the rest of the old "Acorn" community to continue their respective businesses with the development of RISC OS being handled by a company that was independent of any other hardware or software company. That goal has been maintained despite claims of bias towards certain AMS's. The development of a 32 bit version of RISC OS has not been pursued during 2000 due to a lack of funding and engineers. Until a firm commitment is made by its current customers or the shareholders to provide the required funds then RISCOS Ltd will remain limited to providing 26 bit versions of RISC OS. RISC OS Select -------------- The next major release of 26 bit RISC OS was planned under the project name of RISC OS 4.5. After reviewing the developments needed to RISC OS during 2000 it has been decided that instead of releasing all the upgrades at once they will be offered on a yearly subscription scheme to be called RISC OS Select. The key advantage of the scheme is that the timescale for fixing bugs and offering new features will be significantly decreased. RISC OS Select is aimed at all users, whether Developers or End Users that want to get future versions of RISC OS as well as technical information. Upgrades will be released in two formats:- 1. Complete ROM images which can be softloaded on top of the existing physical ROM's 2. Individual modules that can be loaded as part of the Boot sequence. The new ROM image and modules can be stored on local Hard Disc, or on a Network, or loaded directly from CD. Subscribers will receive a CD approximatley every 4 months containing the latest official release components of RISC OS along with Beta test items, from RISCOS Ltd and Pace Micro Technology. New versions of !Printers ------------------------- A lot of development work was put into improving the structure of the !Printers application to allow for the latest generations of Printers now available. A new version of !Printers with improved support for Network printing will be included in the RISC OS Select package. RISC OS Internet Suite ---------------------- In April 2001 agreement was reached with ANT Limited for RISCOS Ltd to take over sales and development of the ANT Internet Suite. End-user support is to be provided by Paul Vigay. The new RISC OS Internet Suite is to be made available to AMS's for bundling with new machines, as well as an upgrade for current ANT Suite users and also for direct sale to end users who do not yet have an Internet connection. Certain features of the suite will also be supplied to subscribers to the RISC OS Select Scheme. RISC OS User Survey ------------------- In March 2001 a survey was conducted on the Web Site to gain a picture of the average RISC OS User, what software they currently use and their requirements for the future. NB Since some questions were multiple choice the totals in each category do not necessarily add up to 100%. Also not every question was answered by every respondent. Total Number of replies up until 28th March 1100 Male 1076 97.8% Female 24 2.2% Age Group Under 14 4 0.36% 15-24 207 18.89% 25-34 248 22.63% 35-44 213 19.43% 45-54 256 23.36% 55-64 119 10.86% 65+ 49 4.47% Where do you live England 717 65.42% Wales 28 2.55% Scotland 70 6.39% Ireland 8 0.73% Germany 85 7.76% France 11 1.00% Netherlands 55 5.02% Scandinavia 17 1.55% Italy 8 0.73% Japan 0 0 USA 8 0.73% Canada 3 0.27% Australia 21 1.92% New Zealand 33 3.01% Other 32 2.92% Magazines Read Acorn User 613 64.8% Archive 423 44.71% Acorn Publisher 179 18.92% Computer Shopper 127 13.42% PCW 67 7.08% Other 387 40.91% Where do you primarily access the Intenet? Home 775 70.78% Work 237 21.64% Public Library 1 0.09% Internet Cafe 2 0.18% University / College 80 7.31% How often do you access the Internet? Everyday 879 80.72% 2-3 times per week 71 6.52% 4-6 times per week 126 11.57% Once a week 7 0.64% Once a fortnight 4 0.37% Once per month 2 0.18% What connection to the Internet 14.4K Modem 6 0.55% 28.8K Modem 61 5.58% 33.6K Modem 134 12.26% 56K Modem 534 48.86% ISDN 108 9.88% ADSL 40 3.66% Hi-speed Leased Line 147 13.45% Cable Modem 28 2.56% Don't know 35 3.20% SOFTWARE Which of the following Software programs do you use regularly? Desktop Publishing Impression 532 51.85% Ovation Pro 341 33.24% Easiwriter / TechWriter 522 50.88% RISC OS 4 Writer 76 7.41% TextEase 115 11.21% Acorn Advance 26 2.53% Pendown 10 0.97% Other 156 15.20% Text Editing solely solely Edit 467 232 33.82% 42.45% Zap 432 280 31.28% 39.27% StrongED 405 245 29.33% 36.82% Other 77 33 5.58% 7.00% Vector Graphics ArtWorks 407 38.80% Vector 100 9.52% Vantage 54 5.15% Draw 852 81.22% DrawWorks 323 30.79% Other 87 8.29% Bit Map Graphics Paint 797 79.54% PhotoDesk 363 36.23% Compo 75 7.49% Other 239 23.85% Internet Connection ANT Internet Suite 355 34.87% R-Comp Dial Up 174 17.09% Voyager 138 13.56% PD e.g Socketeer etc 270 26.52% Other 231 22.69% Web Browser Fresco 525 49.44% Oregano 426 40.11% Webster XL 232 21.85% Browse 251 23.63% ArcWeb 50 4.71% Lynx 28 2.64% Browser on a PC / Mac 427 40.21% Other 54 5.08% Spreadsheet Eureka 219 29.32% Fireworkz 203 27.18% Resultz 36 4.82% Schema 58 7.76% Acorn Advance 46 6.16% Pipedream 159 21.29% Textease Spreadsheet 44 5.89% Other 220 29.45% Database DataPower 168 31.11% Powerbase 64 11.85% Acorn Advance 42 7.78% Squirrel 48 8.89% Magpie 6 1.11% Impact / Impact Pro 38 7.04% Masterfile 28 5.19% Multistore 11 2.04% S-Base 46 8.52% Textease Database 34 6.30% Organizer 214 39.63% Almanac 14 2.59% Other 0 0.00% Email / Newsreader Marcel 220 22.75% Messenger Pro 224 23.16% Pluto 173 17.89% NewsHound 139 14.37% Messenger 145 14.99% Outlook Express 150 15.51% Netscape 81 8.38% Other 198 20.48% NEW COMPUTER PURCHASING If you have made a decision to purchase a new machine THIS year. Are you likely to pay a deposit to secure an early delivery of the machine? Yes 220 29.06% No 537 70.94% If YES, how much deposit are you prepared to pay? None 160 43.36% less than 10% 91 24.66% up to 25% 110 29.81% up to 50% 7 1.90% More than 50% 1 0.27% How long would you expect to wait between paying a deposit and receiving your computer?   Next Day 54 12.33% Up to 1 week 88 20.09% less than 1 month 169 38.58% 1 - 3 months 115 26.26% Over 3 months 12 2.74% What machine(s) are you likely to buy this year? Risc PC 32 2.70% A7000+ 2 0.17% RiscStation Portable 104 8.78% MicroDigital Omega 324 27.34% Millipede Imago 123 10.38% RiscStation R7500 10 0.84% MicroDigital Mico 6 0.51% PDA with VGA sized screen - e.g netBook / Psion Series 7 37 3.12% PDA with ½VGA sized screen - e.g Osaris / Psion Series 5  22 1.86% PalmTop - e.g Palm III / Handspring etc 13 1.10% Desktop PC running Windows 79 6.67% Portable PC running Windows 45 3.80% Desktop PC running Linux 69 5.82% Portable PC running Linux 12 1.01% Other computer running Linux 18 1.52% Apple Macintosh 11 0.93% Portable Apple Macintosh 14 1.18% None, I'm quite happy with my current machine(s) 264 22.28% Why haven't you bought RISC OS 4? 29% of respondents haven't bought RISC OS 4. Expense or incompatibility with their favourite software / hardware being the most popular reasons. However 2% of these haven't bought RISC OS 4 simply because they don't have a machine capable of running RISC OS 4. How many machines do you own / use at Home? 1 2 3 4 5 A3xx / A4xx /A540 169 31 7 3 3 A3000 105 16 2 2 1 A3010 / A3020 /A4000 107 13 7 0 1 A5000 127 8 1 0 2 A7000/A7000+ 22 2 1 0 0 Risc PC 669 102 21 4 1 RiscStation R7500 28 0 0 0 0 MicroDigital Mico 3 0 0 0 0 A4 Portable 58 3 0 0 1 Desktop PC 303 92 26 13 15 Portable PC 154 17 5 0 0 Desktop Macintosh 33 6 2 0 0 Portable Macintosh 12 2 0 0 0 Other RISC OS portable 6 0 0 0 0 Do other people use your computer at Home?  Yes 671 73.41% No 243 26.59% How many machines do you own / use at Work? 1 2 3 4 5 A3xx / A4xx /A540 21 4 2 0 1 A3000 6 3 1 0 11 A3010 / A3020 /A4000 17 5 2 0 7 A5000 30 5 5 1 7 A7000/A7000+ 14 8 1 2 9 Risc PC 112 26 14 6 22 RiscStation R7500 11 1 1 0 3 MicroDigital Mico 2 0 0 0 0 A4 Portable 16 0 0 1 1 Desktop PC 307 58 22 16 124 Portable PC 124 12 3 0 18 Desktop Macintosh 23 4 4 0 11 Portable Macintosh 4 1 0 0 0 Other RISC OS portable 2 0 0 0 1 Do other people use your computer at Work?  Yes 598 65.71% No 312 34.29% What are the main things missing from RISC OS or RISC OS computers? Real Player Real Audio Better Internet Software Keyboard shortcuts Floating point processor hardware A Spreadsheet compatible with Excel Memory protection between applications A new killer App Cheap Ethernet for Risc PC / A7000 RISC OS on netBook or Compaq iPaq Better development environment - Visual tools, C++ and IDE (Integrated Development Environment) 32 bit RISC OS Printer Drivers for new printers DHCP Networking with PC and Mac built-in USB connections Browser compatible with IE5 Java and JVM Improved CDROM drivers and DVD Support Pre-emptive multitasking Macromedia Flash support Universal Cut and Paste Better file exchange with PC formats XScale hardware Wider publicity for RISC OS Long filenames and greater than 77 files per directory!! Some of these items will be included in the RISC OS Select Scheme very shortly. Whilst others are may take a little longer to appear. AMS Sub-Licensees ----------------- Castle Technology ----------------- Castle is the trading name of Castle Technology Ltd (CTL), which is managed by Jack Lillingston and John Ballance CTL were the first company to take out an Authorised Manufacturing Sub-Licence Agreement on 9th November 1999. They currently ship Risc PC and A7000+ machines with RISC OS 4 pre-installed. In May 2000 they released the KINETIC StrongARM upgrade featuring ARM's latest (revision T) 233 MHz StrongARM processor. The card comes with upgradeable fast SDRAM, providing the StrongARM processor with fast RAM access at the maximum design speed of 66MHz. This is more than 4 times the speed of the standard Fast Page Mode (FPM) memory that can only run at 16MHz on a standard Risc PC. A maximum of 256MB of SDRAM memory can be fitted. Also in May 2000 Castle announced the Oregano Web Browser which is HTML 3.2 compliant and features both 128bit SSL and 16 bit unicode font support. RiscStation Ltd --------------- RiscStation Ltd is a sister company to CTA direct, with both being managed by Roy Heslop. RiscStation were the second RISC OS 4 licensee in November 1999. They started shipments of the RiscStation ARM7500FE based R7500 computer in December 1999. In 2000 they announced plans for the Evolution (StrongARM) and Portable (ARM7500FE) computers. However neither have come to market by May 2001. MicroDigital Ltd ---------------- MicroDigital Ltd is managed by David Atkins. MicroDigital are the third licensee of RISC OS and started shipments of the Mico computer using a 56MHz ARM 7500FE in April 2000. In September 2000 MicroDigital announced the Omega computer which is planned to initially have a standard StrongARM processor, with an optional upgrade of an Intel XScale processor as a companion to the StrongARM. However by May 2001 this computer had also not come to market. Millipede Electronic Graphics ----------------------------- Millipede, which is managed by Richard and Sigrid Jozefowski are working on by far and way the most advanced motherboard design - the Imago. All of the features present in the Acorn IOMD, MEMC and VIDC chips are being programmed into FPGA chips, with the added benefits of a much faster system bandwidth. Licensing Scale Charges ----------------------- A scale of charges has been set for RISC OS bulk licensing which enable manufacturers to tailor their expenditure to match their expected sales volumes. This offers a discount for manufacturers prepared to commit to larger volumes. If they under-estimate their sales projections they can pay-off their outstanding initial purchase and then buy a larger volume to achieve a better price. Coversely if they over-estimate their sales, then they do not have to purchase further licenses until they need them. RISCOS Ltd pays a Royalty to Pace for each copy of RISC OS sold. No rebate is allowed if all the licenses purchased are not used up within the three month period or if the manufacturer ceases production for any reason. Income ------ Income for RISCOS Ltd came from eight sources during 2000. 1. Share Capital 2. Loan stock 3. Foundation Memberships 4. Registered Developer Fees 5. RISC OS 4 upgrades 6. AMS License Fees 7. Contract Work 8. Other software sales 1. Share Capital RISCOS Ltd had an Authorised Share capital of £200,00 prior to the AGM in May 2000. £10,941 of new shares were issued during 2000. At the AGM the Authorised Share Capital was increased to £1,000,000, but no further shares have been authorised. 2. Loan Stock Of the original loan stock issue of £60,000 only £18,000 was taken up. This was reduced to £7,000 when the option to convert to Shares was exercised by two investors. The Board has decided not to offer further loan stock at this time. 3. Foundation Membership Whilst this was originally conceived as a breakeven operation at current levels of membership it is providing a small profit for RISCOS Ltd. A mail shot to try and recruit new members is planned for April 2001. 4. Registered Developer Fees There was no Income from Registered Developers during 2000 as the Company did not have any full time support staff after May 2000 in order to deal with enquiries. Potential income from Developers fees was insufficient to justify employing someone to offer dedicated developer support. 5. RISC OS 4 ROM upgrades Once again this year the major income for RISCOS Ltd has been from the sale of RISC OS 4 ROM upgrades to existing Risc PC 600, 700, StrongARM, A7000 and A7000+ users. 6. AMS Sub-licensees The main secondary income stream for RISCOS Ltd has been from sub-licensing of RISC OS 4 to AMS licensees. 7. Contract progranning work RISCOS Ltd has provided sub-contract programming work to Castle Technology for their Kinetic Processor upgrade which was launched in May 2000. Contract work has also been undertaken for Castle Technology and Pace Micro Technology in early 2001. 8. Other software sales RISCOS Manuals CD 751 copies of the Manuals CD have been sold to date. A free copy is also now included with every full price RISC OS 4 upgrade. Staffing -------- Cardiff Office This is the Head Office and Administrative centre. Since nearly all public contact is via telephone or email a high profile location such as Cambridge (with its attendant high overheads) is not considered necessary. The space that is rented in Cambridge is not sufficient in size to cope with sales operations as well as programming activity. Managing Director Paul Middleton His prime responsibility is to negotiate with potential licensees, to promote RISC OS and to liaise with the public on virtually every aspect of RISC OS sales and development. He is also in overall charge of the RISCOS Foundation. Foundation Secretary David Middleton (no relation to Paul) David covers for the Managing Director in his absence and works from 10.00 - 5.00 covering all telephone enquiries into RISCO Ltd as well as administration of The RISCOS Foundation membership and RISC OS 4 Orders and despatch. RISC OS Helpline Support The telephone helpline was dis-continued in December 2000 due to a considerable decrease in the number of support calls throughout the year. The few remaining technical support calls are dealt with by the Managing Director on an ad-hoc basis. In 2001 there will be no technical support offered by telephone. Stratford Office The Stratford Office operated until 30th May 2000. Operations were then moved to the Cambridge Office. Cambridge Office The Cambridge Office is based in the same building as Pace Micro Technology. It has been staffed by a Technical Co-Ordinator since November 2000 along with part-time contractors. Freelance and Contract Staff RISCOS Ltd uses freelance and contract staff for other posts as required such as the editing of the Foundation Risc User CD's. RISC OS 4 Sales Report ---------------------- RISC OS has continued to be supplied on One Time Programmable (OTP) ROM's throughout 2000 as suitable FlashROM's have failed to become available. It is possible that RISC OS 4 could now be produced on Masked ROM, but at the time of writing the minimum order quantities and unit cost, mean that OTP ROM's are still the cheaper option to produce. There is also the problem that there is a 16-20 week lead time. Pricing ------- RISC OS 4 has a £99 + VAT retail price = £116.33 inc VAT (£120 inc postage in the UK) Overseas the price is £99 and £8.50 carriage = £107.50 total. Bulk packs are being made available for Authorised Installers and Dealers to sell to schools. These packs only include ROM's and don't include licences for the bundled applications that are included with the Retail Upgrade packs. In August 2000 a promotion was run offering RISC OS 4 at only £99 without any bundled applications. At the same time a free copy of the Manuals CD was offered to purchasers of the full pack. The vast majority of purchasers opted for the Free Manuals CD offer and consequently the CD is now being bundled free permanently with RISC OS 4 upgrades. Mindful of the number of users who have more than one computer, a lower cost alternative was developed by only supplying RISC OS 4 ROM's for £75 + VAT. This has enabled many more people to upgrade, who were put off by the cost of buying multiple copies at full price. Further reductions in RISC OS 4 pricing will be implemented as part of the RISC OS Select Scheme. Dealer involvement ------------------ Dealers have continued to provide the major source of sales for RISC OS 4 upgrades. Over 70% of RISC OS 4 upgrades are supplied via Dealers. Market Potential ---------------- Sales of RISC OS 4 upgrades have declined from the original peak in September 1999 down to a fairly constant level during the latter part of 2000. There are unfortunately a number of market sectors where users are unwilling to upgrade to RISC OS 4 for various reasons. Equally there is a significantly large number of new Risc PC's and A7000+ being sold with RISC OS 3.7 rather than RISC OS 4. Some work is being done to see if those customers' needs can be met to enable them to purchase RISC OS 4 based machines in the future. RISC OS 4 Sales analysis ------------------------ Upgrades by Geographic Distribution year end Jan 00 year end Jan 01 Australia 83 3.53% 1 0.09% Denmark 6 0.26% 1 0.09% Japan 0 0.00% 1 0.09% South Africa 1 0.04% 1 0.09% Sweden 17 0.72% 1 0.09% Ireland 4 0.04% 2 0.18% Norway 0 0.00% 2 0.18% USA 6 0.26% 2 0.18% Belgium 10 0.43% 6 0.55% France 9 0.38% 6 0.55% Switzerland 17 0.72% 6 0.55% Italy 20 0.85% 10 0.91% Wales 33 1.40% 13 1.19% Scotland 94 4.00% 19 1.74% Netherlands 200 8.51% 26 2.38% New Zealand 91 3.87% 37 3.39% Germany 125 5.32% 45 4.12% England 1626 69.19% 914 83.62% Total for year 2350 1093 Sales to AMS licensees 589 1021 Registered Developers --------------------- During 1999 there were 54 Registered Developers and 23 Semi-Commercial Developers. A survey taken in December 2000 indicated a general unwillingness for Developers to pay a reasonable amount for support in the future as most felt they did not need much personal contact with the RISC OS Development Team. Consequently as from May 2001 the fees for Registered Developers were increased to £1,000 per year. This will entitle them to direct contact with the RISC OS Development team. Developers that only need access to technical documentation will be able to do so by joining RISC OS Select where as much information as possible will be made available via a new RISC OS Select Web Site. Software Developers (either commercial or semi-commercial) that join the RISC OS Select scheme may apply to be become an affiliate Registered Developer. There will be no fee for becoming an affiliate and they will be able to use the Registered Developers logo. The Foundation RISC User CD and the RISC OS Products Database Web Site will contain a database of all full and affiliated Registered Developers, and their products. The only requirement for becoming an affiliate and having software included on the database will be that a fully functional version (and any subsequent updates) of the software is supplied to RISCOS Ltd for evaluation and internal use. Any Developer requiring specialised support will have to contract RISCOS Ltd to provide it at normal commercial rates. The RISCOS Foundation --------------------- The RISCOS Foundation ("The Foundation") is the users club that was set up by RISCOS Ltd to replace the now defunct Acorn Clan. It is a yearly subscription user-group which provides a two-way path for disseminating information to and from end-users about the activities of RISCOS Ltd and its hardware and software partners, as well as a means of contributing to future developments of RISC OS 4. Members of the Foundation receive a CD 4 times per year, and emails throughout the year. The CD's are also sold to non-members at Exhibitions. The yearly membership for the Foundation is currently set at £30 + VAT = £35.25. The active Membership of the Foundation currently stands at just over 1100 members. It is intended to mail shot the old Acorn Clan users and Risc User magazine subscribers in July 2001 with the aim of significantly improving the membership of the Foundation up towards the 6000 previous members of the Acorn Clan. A sample of the CD's sent to Foundation members is online http://foundation.riscos.com/fru.htm Foundation Membership --------------------- The breakdown of Membership of the Foundation is as follows:- New members during 2000 317 Lapsed members 342 Total active members 1109 Ex-Clan members 484 69% Number of members with email. 937 84% Geographic Distribution 1999 2000 Iceland 1 0.09% 0 0% Kuwait 1 0.09% 0 0% Singapore 0 0.09% 0 0% Spain 1 0.09% 1 0.09% Canada 2 0.18% 1 0.09% Hong Kong 0 0% 1 0.09% Eire 0 0% 1 0.09% Ghana 0 0% 1 0.09% Israel 1 0.09% 1 0.09% Japan 1 0.09% 1 0.09% Sweden 1 0.09% 1 0.09% Austria 3 0.26% 2 0.18% Channel Islands 4 0.35% 2 0.18% Ireland 0 0% 2 0.18% Denmark 4 0.35% 4 0.36% Italy 5 0.44% 4 0.36% Norway 7 0.62% 4 0.36% USA 5 0.44% 5 0.45% New Zealand 13 1.14% 6 0.54% Northern Ireland 9 0.79% 7 0.63% France 8 0.70% 8 0.72% Switzerland 10 0.88% 8 0.72% Belgium 9 0.79% 10 0.90% Australia 16 1.41% 11 0.99% Wales 38 3.35% 26 2.34% Germany 48 4.23% 46 4.15% Scotland 46 4.05% 46 4.15% Netherlands 71 6.25% 54 4.87% England 830 73.06% 856 77.19% 1134 1109 The Foundation Web Site is online at http://foundation.riscos.com There is a private area there that is only accessible to members via a username and password system, based on Membership Number and Post Code. Authorised Installers --------------------- RISCOS Ltd has a global network of Authorised Installers who are able to use their knowledge of RISC OS to provide local support and help maintain user confidence in the RISC OS market. A full list of the 71 current Authorised Installers is available on the RISCOS Web Site http://www.riscos.com/authorised_installers/ Promotional activities ---------------------- Exhibitions ----------- RISCOS has attended the following events during 2000/2001. Acorn SouthWest Show 2001 - Weston Super Mare Acorn South East Show 2000 - St Albans Wakefield Show 2000 - Wakefield Big Ben Club Show 2000 - Nieuwegein, The Netherlands RISC OS 2000 Show - Epsom RISC OS Midlands Show 2000 - Birmingham If any user groups would like to have a visit from a member of RISCOS Ltd to their meetings, they should send a request by email to admin@riscos.com Advertising ----------- RISCOS has advertised in the following magazines during 2000. Acorn User Archive Magazine Acorn Publisher Web Sites --------- The RISC OS Web Sites have been further developed during 2000. The branches of the RISCOS Ltd Web site are:- http://www.riscos.com The main RISCOS Ltd Web Site http://acorn.riscos.com The RISC OS knowledge base primarily containing the contents of the old Acorn Public ftp site http://developer.riscos.com Technical Resources for RISC OS developers and Authorised Installers. http://foundation.riscos.com The RISCOS Foundation Site including a private area for members and Foundation Risc User Online http://productsdb.riscos.com RISCOS Ltd has funded the development of a RISCOS products database which is now online. The brief of this site is to ultimately be a reference to every product ever produced for use with RISC OS. http://support.riscos.com This is a new site set up to provide support as part of the RISC OS Select scheme. Annual General Meeting ---------------------- The Annual General Meeting of RISCOS Ltd will take place at the Skopos Room, Pace Micro Technology plc, Victoria Road, Saltaire, Shipley on Friday 29th June 2001 at 11.00 a.m The Auditors Owens Thomas and Co have indicated their willingness to continue in office and a resolution that they be reappointed will be proposed at the Annual General Meeting in accordance with section 385 of the Companies Act 1985. Approved by the director on 22nd May 2001: PAUL MIDDLETON Managing Director Appendices ---------- Appendix 1 Administrative Details 14 Appendix 2 Financial Report 15 Appendix 3 Members List 21 Appendix 4 Magazine Adverts 22 Appendix 5 RISC OS trivia 23 Appendix 1 ---------- Administrative Details ---------------------- The registered address for the delivery of documents is:- RISCOS Ltd 3 Clarendon Road Cyncoed Cardiff CF23 9JD Tel: 029 2046 4020 Admin Only Fax: 029 2049 2326 email: admin@riscos.com web: http://www.riscos.com RISCOS 4 Sales and General Enquiries Enquiries for the Foundation and General Sales Monday - Friday. 10.00 am to 5.00 pm NB This line does not offer Technical Support. Tel: 029 2049 2324 Fax: 029 2049 2326 Bankers Barclays Bank Birchgrove Branch - Cardiff Sort Code 20-18-15 Account No. 60217360 Tel: 029 2042 6210 Fax: 029 2042 6289 Company Registration Registration Number: 3694488 VAT Registration Registration Number: 729 0322 48 GB Data Protection Registration Registration Number: X408806X Company Officers Managing Director Paul Middleton Company Secretary Laurie van Someren Solicitors Berry Smith Solicitors Haywood House Dumfries Place Cardiff CF10 3GA Tel: 029 2034 5511 Fax: 029 2034 5945 Nigel Greenaway Accountants Owens Thomas 25 Cathedral Road Cardiff CF11 9TZ Tel: 029 2038 2818 Fax: 029 2066 4166 Gareth Lynn Insurance brokers Watkin Davies Group 15 & 19 Penlline Road Whitchurch Cardiff CF14 2FE Tel: 029 2062 1056 Fax: 029 2062 6226 Clive Davies Appendix 2 Directors' Report to the Members Year ended 31 January 2001 The director presents his report and the unaudited financial statements of the company for the year ended 31 January 2001. The director is satisfied that the company is entitled to exemption from the provisions of the Companies Act 1985 (the Act) relating to the audit of the accounts for the year by virtue of section 249A(1), and that no member or members have requested an audit persuant to section 249B(2) of the Act. The director acknowledges his responsibility for: (i) ensuring that the company keeps proper accounting records which comply with section 221 of the Act, and (ii) preparing accounts which give a true and fair view of the state of affairs of the companyas at the end of the financial year and of its profit or loss for the financial year in accordance with the requirements of section 226, and which otherwise comply with the requirements of the Act relating to financial statements, so far as applicable to the company. Small Company Provisions This report has been prepared in accordance with the special provisions for small companies under part VII of the Companies Act 1985. Accountants' Report to the Members Year ended 31 January 2001 As described above the director is responsible for the preparation of the accounts for the year ended 31 January 2001, set out on pages 16 to 20. He considers that the company is exempt from an audit under the Companies Act 1985. In accordance with his instructions we have complied these unaudited accounts in order to assist him to fulfill his statutory responsibilities, from the accounting records and information and explanations supplied to us. Owens Thomas 25 Cathedral Road Cardiff CF11 9TZ 22nd May 2001 PROFIT AND LOSS ACCOUNT Period from 7 Jan 99 to Period to Note 31 Jan 00 31 Jan 01 £ £ TURNOVER 246,615 162,899 COST OF SALES Opening Stock - 3,870 Purchases ROM's, Manuals, CD's 40,463 25,980 Licence Fees 27,682 30,609 Royalties 42,528 13,365 Authorised Installer commisions - 220 Subcontractors 12,933 13,355 Packaging 3,896 Closing Stock (3,870) (1,541) ________ ________ 123,632 85,858 GROSS PROFIT 122,983 77,041 OVERHEADS Directors salaries 87,083 43,334 Wages and salaries 25,742 23,551 Training and Relocation expenses 1,511 - Rent, rates and water 12,709 9,844 Light and heat 1,200 871 Insurance 744 1,192 Repairs and maintenance 165 834 Motor expenses 7,451 582 Hotel, Travel and subsistence 7,522 8,303 Van hire 379 294 Telephone and Internet Services 4,292 3,012 Printing, stationery, postage, freight and carriage 13,647 11,541 Equipment Hire - 2,095 Subscriptions, laundry and sundry expenses 272 5 Donations 1,500 - Advertising 4,447 5,336 Exhibition costs 8,252 2,936 Legal and professional fees 10,536 7,355 Accountancy fees 975 2,520 Auditors remuneration 1,500 - Depreciation 5,429 11,896 Bank charges 289 4,577 ________ ________ 195,645 140,078 OPERATING LOSS 2 (72,662) (63,037) Interest receivable - Business premium account 17 - Interest payable HP / Finance Lease Charges and LoanStock (1,325) (1,278) _______ _______ LOSS ON ORDINARY ACTIVITIES BEFORE TAXATION (73,970) (64,315) Tax on loss on ordinary activities - - _______ _______ LOSS FOR THE FINANCIAL PERIOD (73,970) (64,315) Balance brought forward (73,970) _______ Balance carried forward (138,285) BALANCE SHEET As at 31 January 2001 Note 31 Jan 00 31 Jan 01 £ £ FIXED ASSETS Tangible assets 3 25,970 19,721 ______________ ____________ CURRENT ASSETS Stocks 3,870 1,541 Debtors 4 134,425 120,284 Cash at bank (deposit account) 17 17 ______________ _____________ 138,312 121,842 CREDITORS: Amounts falling due within one year 5 (83,944) (111,604) _____________ _____________ NET CURRENT ASSETS 54,368 10,238 ______________ _____________ TOTAL ASSETS LESS CURRENT LIABILITIES 80,338 29,959 CREDITORS: Amounts falling due after more than one year 6 (8,299) (7,181) ______________ _____________ 72,039 22,778 ______________ _____________ CAPITAL AND RESERVES Called-up equity share capital 9 139,159 150,100 Share premium account 10 6,850 10,963 Profit and loss account (73,970) (138,285) ______________ _____________ SHAREHOLDERS FUNDS 72,039 22,778 ______________ _____________ These financial statements have been prepared in accordance with the special provisions for small companies under Part VII of the Companies Act 1985 and with the Financial Reporting Standard for Smaller Entities (effective March 2000). These financial statements were approved and signed by the director on the 22nd May 2001. PAUL MIDDLETON NOTES TO THE FINANCIAL STATEMENTS 1. ACCOUNTING POLICIES Basis of accounting The financial statements have been prepared under the historical cost convention, and in accordance with the Financial Reporting Standard for Smaller Entities (effective March 2000). Turnover The turnover shown in the profit and loss account represents amounts invoiced during the period, exclusive of Value Added Tax. Depreciation Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows: Computer equipment - 3 Years Office equipment - 5 Years Stocks Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Finance lease agreements Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease. The asset is recorded in the balance sheet as a tangible fixed asset and is depreciated in accordance with the above depreciation policies. Future instalments under such leases, net of finance charges, are included with creditors. Rentals payable are apportioned between the finance element, which is charged to the profit and loss account on a straight line basis, and the capital element which reduces the outstanding obligation for future instalments. Deferred taxation Provision is made, under the liability method, to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences to the extent that it is considered that a net liability may arise. Research and development Expenditure on research and development projects is written off during the year in which it is incurred. 2. OPERATING LOSS Operating loss is stated after charging: Period from 7 Jan 99 to Year to 31 Jan 00 31 Jan 01 £ £ Directors Emoluments 87,083 43,334 Depreciation 5,429 11,896 Auditors fees 1,500 - 3. TANGIBLE FIXED ASSETS Computer Office Total equipment equipment £ £ £ COST At 31 January 2000 28,587 2,812 31,399 Additions 5,071 576 5,647 ______________ ______________ ______________ At 31 January 2001 33,658 3,388 37,046 ______________ ______________ ______________ DEPRECIATION At 31 January 2000 5,115 314 5,429 Charge for the period 11,218 678 11,896 ______________ ______________ ______________ At 31 January 2001 16,333 992 17,325 ______________ ______________ ______________ NET BOOK VALUE At 31 January 2000 23,472 2,498 25,970 ______________ ______________ ______________ At 31 January 2001 17,325 2,396 19,721 ______________ ______________ ______________ Finance lease agreements Included within the net book value of £19,721 is £1,527 (2000 £3,363) relating to assets held under finance lease agreements. The depreciation charged to the accounts in the year in respect of such assets amounted to £1,332 (2000 - £637). 4. DEBTORS 31 Jan 00 31 Jan 01 £ £ Trade debtors 37,442 57,258 Other debtors 100 100 Prepayments and accrued income 96,883 62,926 ______________ ______________ 134,425 120,284 ______________ ______________ 5. CREDITORS: Amounts falling due within one year 31 Jan 00 31 Jan 01 £ £ Bank loans and overdrafts 3,648 31,910 Trade creditors 53,089 68,992 Other creditors including: PAYE and social security 8,403 2,390 VAT 685 4,979 Finance leases 1,546 1,346 Other creditors 11,038 1,500 Accruals and deferred income 5,535 487 ______________ ______________ 83,944 111,604 ______________ ______________ 6. CREDITORS: Amounts falling due after more than one year 31 Jan 00 31 Jan 01 £ £ Finance leases 1,299 181 10% loan stock repayment 7,000 7,000 ______________ ______________ 8,299 7,181 ______________ ______________ 7. TRANSACTIONS WITH THE DIRECTORS During the year, the company traded with Uniqueway Limited, a company in which P Middleton is a director. Transactions and balances are as follows: 2000 2001 £ £ Credit card sales processed and received by Uniqueway on behalf of RISCOS Ltd 173,489 60,091 less. Repayment of credit card sales to RISCOS Ltd by Uniqueway ( after charges* ) 135,411 58,811 less. Purchases of fixed assets (incl VAT) 22,810 - less. Purchases of goods and services (incl VAT) 18,455 32 Net balance owed to Uniqueway Ltd at balance sheet date 2,887 1,572 * A 2.5% handling fee was charged by Uniqueway for the credit card handling associated with RISC OS 4 upgrade sales and Foundation Membership. This has been deducted from sales. As from 18th January 2001 the company has been handling its own Credit Card transactions after Merchant Accreditation was finally achieved with Natwest Streamline. The Bank Overdraft and Finance Lease liabilities disclosed under creditors are secured by a personal guarantee given by the Managing Director - Paul Middleton in the amount of £25,000 for the Bank Overdraft and the outstanding balance of the finance lease (£1,346 due within one year, £181 due after more than one year). Mr A Rawnsley received £3,333 in March 2000 as compensation for loss of office as Technical Director in December 1999. Purchases of services amounting to £3,523 ( 2000 : £14,351) were made from Si Plan Electronic Research Ltd, a company in which B Bollons is a director. 8. RELATED PARTY TRANSACTIONS No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard 8, except as disclosed under note 7. 9. SHARE CAPITAL Authorised share capital: 31 Jan 00 31 Jan 01 £ £ 200,000 Ordinary shares of £1 each 200,000 200,000 Allotted, called up and fully paid: No. £ No. £ Ordinary shares 138,860 138,860 149,801 149,801 A Ordinary shares 199 199 199 199 B Ordinary shares 100 100 100 100 ______________ ______________ ______________ ______________ 139,159 139,159 150,100 150,100 ______________ ______________ ______________ ______________ 10. SHARE PREMIUM ACCOUNT Period to Year to 31 Jan 00 31 Jan 01 £ £ Balance brought forward - 6,850 Premium on shares issued in the period 6,850 4,112 ______________ Balance carried forward 10,962 ______________ signed by order of the Director: Laurence Oliver van Someren Company Secretary 22nd May 2001 Appendix 3 Members List as at 31/01/2001 Authorised Share Capital £200,000 £1 shares Investment Name Address A B Ordinary voting % Pace Micro Technology plc Victoria Road, Saltaire, Shipley, BD18 3LF 199 19.9 Paul Middleton 143 Allensbank Road, Heath, Cardiff, CF14 3PQ 25 2.5 Andrew Rawnsley 22 Robert Moffat, High Legh, Knutsford, WA16 6PS 25 2.5 Justin Fletcher 17b Cromwell Road, Weeting, Brandon, IP27 0QT 25 2.5 Matthew Bullock 46 Ibbett Close, Kempston, Bedford, MK43 9BU 25 2.5 Paul Middleton 143 Allensbank Road, Heath, Cardiff, CF14 3PQ 5951 2.78 David Holden 39 Knighton Park Road, London, SE26 5RN 17600 8.24 Bernard Bollons 3 Quineys Road, Shottery, Stratford Upon Avon, CV37 9BW 25000 11.70 Laurie van Someren The Old Courthouse, High Street, Bottisham, CB5 9BA 5000 2.34 Worthbeam Ltd 42 Newmarket Road, Cambridge, CB5 8EP 5000 2.34 Allan Rawnsley 22 Robert Moffat, High Legh, Knutsford, WA16 6PS 1000 0.47 Pineapple Software Suite 1, South Park Bus Centre, 310 Green Lane, Ilford, Essex, IG1 1XT 1000 0.47 Paul Corke 17 Wyllie Court, Worle, Weston Super Mare, BS22 7FQ 1000 0.47 Spacetech Ltd 1 The Courtyard, Southwell Bus Park, Portland, DT5 2JS 1000 0.47 Paddy Reid 55 Walcot Walk, Netherton, Peterborough, PE3 9QF 500 0.23 CTA Direct 168 Elliott Street, Tyldesley, Manchester, M29 8DS 5000 2.34 Neil Spellings Flat 5, 19 Normanton Road, South Croydon, CR2 7JU 2000 0.94 Gordon Ferguson McLaren Wardlaw House, Kirkhill, Inverness, IV5 7NB 5000 2.34 Don Turnbull 8 Hawthorn Close, Harpenden, Herts, AL5 1HN 1000 0.47 Paul Richardson P O Box 32, Tavistock, Devon, PL19 8YU 600 0.28 Ian Stewart Walker Unit 3A, Townfoot Ind Estate, Brampton, CA8 1SW 5000 2.34 Paul Beverley 18 Mile End Road, Norwich, NR4 7QY 4000 1.87 Christopher Evans 78 Brighton Road, Worthing, W.Sussex, BN11 2EN 5000 2.34 Richard Griffin 30 Lea Street, New Mills, High Peak, Derbs, SK22 3DS 1000 0.47 Simon Glass 19 Kathleen Road, London, SW11 2JR 5000 2.34 Location Works Ltd 42 Old Compton Street, London, W1V 6LR 2000 0.94 Nick Way 44 Goldieslie Road, Sutton Coldfield, B73 5PG 1000 0.47 Logan Interactive Ltd 2 Frances Street, Langholm, Dumfriesshire, DG13 0BQ 3000 1.40 RISCOS Investment Group 161 Ditchling Road, Brighton, BN1 6JB 27650 12.94 Colin Wood 10 Melfort Drive, St Ninians, Stirling, FK7 0BD 3000 1.40 Peter Wilson 10 Davies Road, West Bridgford, Nottingham, NG2 5JD 4000 1.87 Philip Parker 11 Manston Gardens, Cross Gates, Leeds, LS15 8EY 8000 3.74 Gareth Dykes 7 Bleasdale Close, Aughton, Ormskirk, Lancs, L39 6RU 3000 1.40 Aaron Timbrell 86 Turnbury, Home Farm, Bracknell, Berks, RG12 8GH 500 0.23 Glenys A Simpson Avondale Drive, Tarlton, Lancs, PR4 6AX 500 0.23 Richard / Sigrid Jozefowski Cambridge House, Hargrave, Bury St Edmunds, Suffolk, IP29 5HS 250 0.12 Jack Lillingston / John Ballance Ore Trading Estate, Woodbridge Road, Framlingham, Suffolk, IP12 9LL 250 0.12 Director during the year Totals 199 100 149801 150100 Total number of Shares authorised to be issued 150100 Total number of Shares subscribed for at 31/01/2001 150100 Number of shares unallocated 0 Appendix 5 RISC OS Trivia 10 useful facts and figures about RISC OS The sources to the complete RISC OS 4 are over 130 MB of data. The ROM source is 100 MB of that. · There are over 28,000 files which make up the sources. ¸ Each RISC OS 4 ROM contains 2 MB of data and there are 128 modules built into the ROM's ¹ RISC OS 4 has one main easter egg and a couple of hidden items. RISC OS Invaders is hidden in the IRQUtils module. RISC OS Invaders A hidden tribute can be found by triple clicking on the Author box of the RISC OS 4 Info Box with each mouse button in turn. This will cause it to change to show the people who helped bring RISC OS 4 to market. RISC OS 4 Info box from the Task menu One of the other hidden items that you never normally see is hidden in the template of the generic RISC OS Warning Box. By volume of source code 46% of RISC OS is written in C, 44% is written in Assembler and 10% in Basic. By number of components 29% of RISC OS modules are written in C, 69% are written in Assembler and 2% in Basic. The kernel of RISC OS is just 178 KB but has 78,479 lines of source code. The Hard disc components of RISC OS 4 are just over 7MB in size with a full installation, however the minimum needed to boot RISC OS and connect to a local network of RISC OS machines is only 1.2 MB and could therefore be done from a floppy disc. It takes just over 2.5 hours to compile a RISC OS 4 ROM image from scratch on a 233 MHz StrongARM Risc PC. The RISC OS sources are administered using the CVS system. CVS stands for Concurrent Versions System which is available for use with Linux and RISC OS. This allows various different versions of RISC OS to be maintained and built without duplicating source code for different projects. The RISC OS sources contain references to some of the following Acorn project names:- Renaissance RISC OS move to using CVS Blue RISC OS 3.5 Black RISC OS 3.6 Jaguar RISC OS 3.7 Adelaide A3010 hardware Brisbane A5000 hardware Ursula Risc PC 2 software Phoebe Risc PC 2 hardware Spinner Network Computer Morris ARM 7500 Processor Aquarius Acorn C++ Chocolate Fancy screen cacheing used in Ursula Heron The ARM 2 based daughterboard fitted to the first batch of A3010's Medusa Risc PC hardware Report © RISCOS Ltd 2001.