Note

2016

2015

£

£

Cash flow from operating activities

Operating profit /(loss)

197,357

(620,641)

Depreciation

795

215

(Increase)/ decrease in stocks

(391,296)

3,186,204

(Increase)/ decrease in debtors

(355,360)

2,344,241

Increase / (decrease) in creditors

81,372

(670,542)

Interest received

60

174

Interest paid

166,869

272,483

Rental income received

7460

1361

Net cash (outflow)/inflow from operating activities

(292,743)

4,513,495

Investing activities

Purchase of tangible fixed assets

(2,531)

​-

Net cash used in investing activities

​(2,531)

​-

Taxation

0

0

Financing activities

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

694,816

(4,092,216)

Issue of shares (net of direct costs)

0

189950

Director loan repayments

(445,037)

(1,064,447)

Interest paid

(166,869)

(272,483)

Net cash inflow (outflow) from financing

82,910

(5,239,196)

(Decrease) in cash and cash equivalents in the year

(212,364)

(725,701)

Cash and cash equivalents at the beginning of the year

490,770

1,216,471

Cash and cash equivalents at the end of the year

278,406

490,770