Note

2014

2013

£

£

Cash flow from operating activities

Operating profit/(loss)

(205,843)

559,732

Depreciation charges

287

383

Decrease in stocks

1,190,930

296,282

Increase in debtors

(1,103,394)

(1,013,418)

Increase in creditors

378,238

199,258

Interest received

794

58,244

Gain on disposal of Group company

0

(198,631)

Net cash (outflow)/inflow from operating activities

261,012

(98,150)

Investing activities

Purchase of tangible fixed assets

​-

​-

Net cash used in investing activities

​-

​-

Taxation

(89,483)

(3,402)

Financing activities

New loans / (loan repayments) in year (net)

900,631

485,575

Issue of shares (net of direct costs)

254,370

0

Director loan repayments

(403,981)

(543,521)

Interest paid

100,000

​-

Net cash inflow (outflow) from financing

651,020

(57,946)

Increase/(decrease) in cash and cash equivalents in the year

822,549

(159,498)

Cash and cash equivalents at the beginning of the year

393,922

553,420

Cash and cash equivalents at the end of the year

1,216,471

393,922