31 March 2015

31 March 2014

note

£

£

Non-current assets

Property, plant and equipment

8

648

863

648

863

Current assets

Inventory

11

1,884,250

5,070,454

Trade and other receivables

9

81,244

2,425,257

Cash at bank and in hand

10

490,770

1,216,471

2,456,264

8,712,182

Total assets

2,456,912

8,713,045

Liabilities: amounts falling due within 1 year

Trade and other payables

12

(70,777)

(741,090)

Borrowings

13

(381,450)

(574,503)

Net current assets

2,004,037

7,396,589

Non-current liabilities

Borrowings

13

(3,331,961)

(8,295,572)

Net liabilities

(1,327,276)

(898,120)

Capital and reserves

Called up share capital

14

2,383,752

2,283,752

Share premium account

15

1,165,463

1,075,513

Reverse acquisition reserve

(2,817,633)

(2,817,633)

Profit & loss account

(2,058,858)

(1,439,752)

Equity - attributable to the owners of the parent

(1,327,276)

(898,120)