CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2024
|
|
|
31 March 2024 |
31 March 2023 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Plant and equipment |
640 |
25,853 |
|
|
|
|
640 |
25,853 |
|
Current assets |
|
|
|
|
Inventory |
775,374 |
317,796 |
|
|
Investment properties |
0 |
927,249 |
|
|
Trade and other receivables |
79,576 |
34,033 |
|
|
Cash and cash equivalents |
8,906 |
17,148 |
|
|
|
|
863,856 |
1,296,226 |
|
Total assets |
|
864,496 |
1,322,079 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
285,614 |
222,863 |
|
|
Borrowings |
0 |
874,697 |
|
|
|
|
285,614 |
1,097,560 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
0 |
|
|
Borrowings |
3,415,728 |
3,573,217 |
|
|
Total liabilities |
|
3,701,342 |
4,670,777 |
|
|
|
|
|
|
Net (liabilities)/assets |
|
(2,836,846) |
(3,348,698) |
|
|
|
|
|
|
|
|
|
|
|
Called up share |
3,237,400 |
2,860,150 |
|
|
Share premium |
4,136,240 |
3,484,915 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Loan note equity reserve |
0 |
107,204 |
|
|
Capital contribution reserve |
400,147 |
400,147 |
|
|
Profit & loss account |
|
(7,793,000) |
(7,383,481) |
|
Total Equity |
|
(2,836,846) |
(3,348,698) |
|
Total Equity & Liabilities |
|
864,496 |
1,322,079 |
These financial statements were approved by the Board of Directors and authorised for issue on 24th September 2024 and are signed on its behalf by:
P Treadaway: ………………………………………. G Thorneycroft: …………………………………………
The notes are an integral part of these consolidated financial statements.
Annual report & consolidated financial statements 2024