CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2017
|
|
|
31 March 2017 |
31 March 2016 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Property, plant and equipment |
1788 |
2,384 |
|
|
|
|
1788 |
2,384 |
|
Current assets |
|
|
|
|
Inventory |
5,399,198 |
2,275,546 |
|
|
Trade and other receivables |
96,985 |
436,604 |
|
|
Cash at bank and in hand |
100,808 |
278,406 |
|
|
|
|
5,596,991 |
2,990,556 |
|
Total assets |
|
5,598,779 |
2,992,940 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
178,675 |
152,149 |
|
|
Borrowings |
2,150,643 |
741,266 |
|
|
|
|
2,329,318 |
893,415 |
|
|
|
|
|
|
Non- |
|
|
|
|
Borrowings |
4,690,257 |
3,221,924 |
|
|
Total liabilities |
|
7,019,575 |
4,115,339 |
|
|
|
|
|
|
Equity attributable to equity holders of the company |
|
|
|
|
Called up share capital |
2,383,752 |
2,383,752 |
|
|
Share premium account |
1,165,463 |
1,165,463 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Profit & loss account |
|
(2,152,378) |
(1,853,981) |
|
Total Equity |
|
(1,420,796) |
(1,122,399) |
|
Total Equity & Liabilities |
|
5,598,779 |
2,992,940 |
These financial statements were approved by the Board of Directors and authorised for issue on 6 September 2017 and are signed on its behalf by
C C Johnson
J Dubois
The NOTES are an integral part of these consolidated financial statements.
Annual report & consolidated financial statements 2017
