31 March 2016

31 March 2015

note

£

£

Non-current assets

Property, plant and equipment

8

2384

648

2384

648

Current assets

Inventory

11

2,275,546

1,884,250

Trade and other receivables

9

436,604

81,244

Cash at bank and in hand

10

278,406

490,770

2,990,556

2,456,264

Total assets

2,992,940

2,456,912

Liabilities: amounts falling due within 1 year

Trade and other payables

12

(152,149)

(70,777)

Borrowings

13

(741,266)

(381,450)

Net current assets

2,099,525

2,004,685

Non-current liabilities

Borrowings

13

(3,221,924)

(3,331,961)

Net liabilities

(1,122,399)

(1,327,276)

Capital and reserves

Called up share capital

14

2,383,752

2,383,752

Share premium account

15

1,165,463

1,165,463

Reverse acquisition reserve

(2,817,633)

(2,817,633)

Profit & loss account

(1,853,981)

(2,058,858)

Equity - attributable to the owners of the parent

(1,122,399)

(1,327,276)