Final Results

RNS Number:1972Z
Dimension Resources Ld
28 June 2007







Dimension Resources Limited



Results for the year ended 31 December 2006



Chairman's Statement



I regret that progress has once more been slow in transforming your company into
a profitable entity.



I reported to you last year that, following the cessation of its own stone
processing activities, the Company's quarries were being operated by a
contractor. This remains the position but the income from contract quarrying has
fallen short of the level proposed when the contract was entered into. Under
these circumstances it has been decided that the residual assets in South Africa
should be reduced in value to #100,000.



In the event, realisation of the assets by the administrator appointed by the
Company has taken longer than anticipated, primarily due to negotiations with
creditors. Rather than being sold, and the administrator is receiving a royalty
on sales. A small amount of cash has now been remitted back to the United
Kingdom, and it is hoped that further remittances will be possible in the near
future. In this context, I wish to thank our professional advisers for their
understanding through a difficult period.



The loss for the year is #46,000, representing the minimum costs of maintaining
the listing on AIM. As for 2005, the financial statements have been drawn up for
the Company only.



Since 31 December 2006 Jonathan Morley-Kirk has joined the board. Among his
other activities, he is currently chairman of Fox Davies Capital, the London
based stockbroker specialising in the natural resource sector, oil and gas, bio
energy and emerging markets. The Directors continue to consider new projects to
be injected into the Company. When a suitable project is identified it is likely
that the acquisition will constitute a reverse acquisition and will require a
new Admission Document and shareholder approval.



Brian Moritz
(Chairman)



26 June 2007




DIMENSION RESOURCES LIMITED


Income statement for the year ended 31 December 2006


                                                                2006                 2005
                                                                 GBP                  GBP


Turnover                                                           -                    -

Cost of sales                                                      -                    -

Gross profit                                                       -                    -

Administrative expenses                                      (46,095)             (43,042)

Operating loss                                               (46,095)             (43,042)

Interest receivable and similar income                            35                   38

Interest payable and similar charges                               -                    -

Net loss before taxation                                     (46,060)             (43,004)

Taxation                                                           -                    -

Net loss for the year                                        (46,060)             (43,004)



DIMENSION RESOURCES LIMITED
Balance sheet at 31 December 2006

                                                                2006                 2005
                                                                 GBP                  GBP

ASSETS

Non-current assets                                            91,986              400,000

Investments                                                   91,986              400,000

Current assets                                                 3,794                3,849

Trade and other receivables                                    1,085                1,000

Cash at bank and in hand                                       2,709                2,849

Total assets                                                  95,779              403,849


EQUITY AND LIABILITIES

Shareholders' funds                                          (27,038)             319,022

Called up share capital                                    6,799,000            6,799,000

Share premium account                                     11,932,457           11,932,457

Revaluation of investments                                  (300,000)                   -
                                                                                                                -
Profit and loss account                                  (18,458,495)         (18,412,435)

Current liabilities                                          122,817               84,827

Trade and other payables                                     122,817               84,827

Total equity and liabilities                                  95,779              403,849



DIMENSION RESOURCES LIMITED
Cash flow statement for the year ended 31 December 2006


                                                                2006                 2005
                                                                 GBP                  GBP


CASH FLOWS FROM OPERATING ACTIVITIES                          (8,155)              (4,610)

Cash absorbed by operations                                   (8,190)              (4,648)

Interest received                                                 35                   38


CASH FLOWS FROM INVESTING ACTIVITIES                           8,015                    -

Loans to/from subsidiary companies                             8,015                    -


NET INCREASE (DECREASE) IN CASH AND
CASH EQUIVALENTS                                                (140)              (4,610)

Cash and cash equivalents at the beginning of
the year                                                       2,849                7,459

Cash and cash equivalents at the end of year                   2,709                2,849





NOTES


 1.     The financial information set out above does not constitute the 
        Company's statutory financial statements for the year ended 31 December 
        2006, but is derived from those statements. The auditors have reported 
        on the financial statements to 31 December 2006 and their report was 
        unqualified.

 2.     No dividend is proposed for the year.

 3.     The Company's annual report and accounts for the year ended 31 December 
        2006 will be posted to shareholders by 28 June 2007. Copies will be 
        available at the offices of HB-corporate, 40 Marsh Wall, London, E14 9TP.

 4.     The Annual General Meeting of the Company will be held at 40 Marsh Wall, 
        London E14 9TP on Tuesday 31 July 2007 at 3.00 p.m.



For further information please contact:



Brian Moritz, Dimension Resources Limited
(tel: 07976 994300)



Gerry Beaney/Colin Aaronson, Grant Thornton Corporate Finance (Nominated
Adviser) (tel: 020 7383 5100)




                      This information is provided by RNS
            The company news service from the London Stock Exchange
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