TRAFALGAR NEW HOMES PLC Company balance sheet at 31 March 2014 Company Registration No. 05332938





31 March 2014

31 March 2013


note

£

£





Fixed assets




Investments

3

2,323,524

2,323,524



2,323,524

2,323,524

Current assets




Debtors

4

119,507

9,915

Stocks

5

132,599

0

Cash at bank and in hand


14,773

3,797



266,879

13,712

Creditors: amounts falling due within one year

6

120,835

23,214

Net current assets/(liabilities)


146,044

(9,502)









Creditors: amounts falling due after more than one year

7

314,670

181,771

Net assets


2,154,898

2.13





Capital and reserves




Called up share capital

8

2,283,752

2,143,752

Share premium account

9

1,075,513

961,128

Profit & loss account

10

(1,204,367)

(972,629)

Equity - attributable to the owners of the parent

11

2,154,898

2,132,251

These financial statements were approved by the Board of Directors and authorised for issue on 27 August 2014 and are signed on its behalf by

C C Johnson

J Dubois

Annual report, Company financial statements 2014


Note


2014


2013



£

£

£

£

Net cash outflow from operating activities

1


(361,533)


(63,735)

Capital expenditure and financial investment

2


​-


​-




(361,533)


(63,735)

Return on Investment and Servicing of finance



(117)


0

Financing

2


372,626


46,287

(Decrease)/increase in cash in the year



11


(17,448)







Reconciliation of net cash flow to movement in net debt

3





(Decrease)/increase in cash in the year


10,976


(17,448)


Cash outflow/(inflow) from decrease/(increase) in debt


14,643


27,550


Change in net debt resulting from cash flows



25,619


10,212

Movement in net debt in the year



25,619


​10,212

Net debt at 1 April



(10,846)


(21,058)

Net debt 31 March



14,773


(10,846)

TRAFALGAR NEW HOMES PLC Company Statement of Cash Flows, year ended 31 March 2014





31 March 2014

31 March 2013



£

£

Operating loss


(231,606)

(74,919)

Increase in stocks


(132,599)

​-

Decrease in debtors


(109,592)

2613

Increase/(decrease) in creditors


112,264

8,571

Net cash outflow from operating activities


361,533

63,735

1. RECONCILIATION OF OPERATING LOSS TO NET CASH OUTFLOW FROM OPERATING ACTIVITIES





31 March 2014

31 March 2013



£

£

Capital expenditure and financial investment




Purchase of fixed asset investments


​-

​-

Sale of tangible fixed assets


​-

​-

Net cash outflow for capital expenditure and financial investment


​-

​-





Financing




Loan repayments in year


(14,643)

(27,600)

Loans from Group undertakings in year


132,899

73,947

Share issues


254,370

​-

Net cash inflow from financing


372,626

46,287

2. ANALYSIS OF CASH FLOWS FOR HEADINGS NETTED IN THE CASH FLOW STATEMENT



3. ANALYSIS OF CHANGES IN NET DEBT




at 1 April 2013

Cash flow

at 31 March 2014


£

£

£

Net cash




Cash at bank

3,797

10,976

14,773


3,797

10,976

14,773

Debts:




Falling due within one year

(14,643)

14,643

​-

Falling due after one year

​-

​-

​-


(14,643

14,643

​-

Total

(10,846)

25,619

14,773