Annual report & company financial statements 2013

9. PROFIT AND LOSS ACCOUNT

2013

2012


£

£

Balance brought forward

(897,710)

(521,351)

Loss for financial year

(74,919)

(376,359)

Balance carried forward

(972,629)

(897,710)

10. RECONCILIATION OF MOVEMENTS IN SHAREHOLDERS FUNDS

2013

2012


£

£

Loss for the financial year

(74,919)

(376,359)

Net decrease in shareholders' funds

(74,919)

(376,359)

Issue of new shares


2056177

Share premium – shares issued in year


0

787235

Share premium – issue costs

0

(20,500)


Opening Shareholders' funds

​2,207,170

(239,383)

Closing Shareholders' funds

​2,132,251

2207170

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