Note

2015

2014

£

£

Cash flow from operating activities

Operating (loss)/profit

(620,641)

(205,843)

Depreciation charges

215

287

Decrease in stocks

3,186,204

(1,190,930)

Decrease/(Increase) in debtors

2,344,241

(1,103,394)

(Decrease)/Increase in creditors

(670,542)

378,238

Interest received

174

794

Rental income received

1361

0

Net cash (outflow)/inflow from operating activities

4,241,012

261,012

Investing activities

Purchase of tangible fixed assets

​-

​-

Net cash used in investing activities

​-

​-

Taxation

0

(89,483)

Financing activities

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

(4,092,216)

900,631

Issue of shares (net of direct costs)

189,950

254370

Director loan repayments

(1,064,447)

(403,981)

Interest paid

0

100,000

Net cash inflow (outflow) from financing

(4,966,713)

(651,020)

(Decrease)/Increase in cash and cash equivalents in the year

(725,701)

822,549

Cash and cash equivalents at the beginning of the year

1,216,471

393,922

Cash and cash equivalents at the end of the year

490,770

1,216,471