31 March 2014

31 March 2013

note

£

£

Non-current assets

Property, plant and equipment

8

863

1,150

863

1,150

Current assets

Inventory

11

5,070,454

6,261,384

Trade and other receivables

9

2,425,257

1,322,092

Cash at bank and in hand

10

1,216,471

393,922

8,712,182

7,977,398

Total assets

8,713,045

7,987,548

Liabilities: amounts falling due within 1 year

Trade and other payables

12

(741,090)

(452,579)

Borrowings

13

(574,503)

(3,380,034)

Net current assets

7,396,589

4,144,785

Non-current liabilities

Borrowings

13

(8,295,572)

(4,993,391)

Net liabilities

(898,120)

(847,456)

Capital and reserves

Called up share capital

14

2,283,752

2,143,752

Share premium account

15

1,075,513

961,128

Reverse acquisition reserve

(2,817,633)

(2,817,633)

Profit & loss account

(1,439,752)

(1,134,703)

Equity - attributable to the owners of the parent

(898,120)

(847,456)