CONSOLIDATED STATEMENT OF FINANCIAL POSITION for the year ended 31 March 2019
|
|
|
31 March 2019 |
31 March 2018 |
|
|
note |
£ |
£ |
|
TOTAL ASSETS |
|
|
|
|
Non- |
|
|
|
|
Property, plant and equipment |
1339 |
2,079 |
|
|
|
|
1339 |
2,079 |
|
Current assets |
|
|
|
|
Inventory |
4,481,230 |
7,792,611 |
|
|
Trade and other receivables |
92,092 |
94,844 |
|
|
Cash at bank and in hand |
32,800 |
458,209 |
|
|
|
|
4,606,122 |
8,345,664 |
|
Total assets |
|
4,607,461 |
8,347,743 |
|
|
|
|
|
|
Equities and Liabilities |
|
|
|
|
Trade and other payables |
442,203 |
394,255 |
|
|
Borrowings |
2,502,462 |
3,108,510 |
|
|
|
|
2,944,665 |
3,502,765 |
|
|
|
|
|
|
Non- |
|
|
|
|
Deferred tax |
0 |
291,045 |
|
|
Borrowings |
4,273,103 |
4,867,818 |
|
|
Total liabilities |
|
7,217,768 |
8,661,628 |
|
|
|
|
|
|
Equity attributable to equity holders of the company |
|
|
|
|
Called up share capital |
2,570,567 |
2,570,567 |
|
|
Share premium account |
2,510,462 |
2,510,462 |
|
|
Reverse acquisition reserve |
|
(2,817,633) |
(2,817,633) |
|
Profit & loss account |
|
(4,873,702) |
(2,577,281) |
|
Total Equity |
|
(2,610,307) |
(313,885) |
|
Total Equity & Liabilities |
|
4,607,461 |
8,347,743 |
These financial statements were approved by the Board of Directors and authorised for issue on 27th September 2018 and are signed on its behalf by:
P Treadaway
J Dubois
The notes are an integral part of these consolidated financial statements.
Annual report & consolidated financial statements 2019
